Why should you choose ICICI Lombard Car Insurance?

 

Why should you choose ICICI Lombard Car Insurance?

Choose ICICI Lombard Car Insurance. Go through this article to take note of the things you should consider while choosing ICICI Lombard Car Insurance.

The ICICI Lombard insurance policy, often called car package insurance, protects you financially if your car is destroyed in an accident or natural disaster. Additionally, it protects your car against theft and burglary. Sometimes, you may end up injuring people or causing property damage due to an accident. The car insurance policy also covers third-party liability. If you own a car in India, you must have third-party insurance. For this reason it is necessary to purchase and renew your insurance on time to ensure compliance with the law and cover car damages. 

Why should you choose Lombard ICICI insurance?

Reliable car insurance coverage protects you from all these risks at a reasonable price, allowing you to drive without worry. Apart from comprehensive car insurance, third-party plans and private damages are also available only. You can choose the type of insurance that suits your needs.

What are the benefits of Lombard ICICI insurance?

ICICI Lombard has many benefits that are very satisfactory to the customer -

Absence of depreciation

Zero Depreciation is an additional auto insurance policy that provides a complete settlement without any depreciation discount compared to standard car insurance. This type of coverage provides a comprehensive policy at a slightly higher cost than a standard car insurance policy. This type of coverage is often reserved for expensive, high-end cars because most consumers choose a more comprehensive policy to maximize their benefits.

Network of non-cash garages

Car insurance companies often have a network of facilities where an insured car is serviced. In a non-cash garage network, the insurance provider is directly responsible for the costs associated with an insured vehicle. The owner is therefore free of any difficulties associated with paying costs related to the damage to the vehicle. The owner of the car is only obliged to pay the difference in the amount approved by the claims manager. However, the insured must bear the cost of consumption at the rate specified in the Indian vehicle tariff and the mandatory policy discounts. The main advantage of having a non-cash garage network (non-cash car insurance) is that it eases the car owner's anxiety and eliminates many of the actions associated with a claim. ICICI Lombard has a network of more than 3,500 cashless garages across India.

You may also want to read: All About Multi-Year Car Insurance Plans 

Reward for not claiming

There is no claim bonus, abbreviated as NCB, which is a discount provided by the insurance company to policyholders who do not file any claims. Additionally, it is an effective way to gradually reduce the cost of your insurance. NCB is available to those who did not file an insurance claim in the previous calendar year of coverage. NCB can also be moved to a new car if the owner chooses to do so in the future. This may reduce the renewal price based on the number of years without claim.

Coverage of personal incidents

Personal accident insurance protects you from death or disability as a result of an accident. In essence, the car insurance policy includes personal accident coverage for the owner and driver, as specified in the tariff, which does not require any additional payment. Personal accident coverage must be purchased individually for anyone other than the owner and driver by paying an additional premium. Compensation is awarded after the specified level of coverage.

Take away

The main benefits of our private car insurance policy include reasonable prices, simple renewal and an immediate claim settlement. In addition, we have a network of certified workshops that provide digital surveys* to speed up pick-up processing, pick-up, drop-off, clear high-touch areas on your car, service manager Dedicated customers, quality assurance on repairs.

In addition, we offer other coverage for a minimum additional cost that may significantly enhance your car insurance package. By purchasing extensions to your car's insurance policy, you may significantly reduce the cost of repairs.

Read also:

How to claim car damages for natural disasters under car insurance?

Disclaimer: This article is published in the public interest and is intended for public information purposes only. Readers are advised not to rely on the contents of the article as crucial in nature, and further research or expert consultation should be conducted in this regard.