Every car owner must have car insurance to protect the car and the owner against losses through accidents, harm, or theft. Car Insurance comes in handy whether in the congested urban city of Chandigarh or on the Highways; the backing that Insurance gives in the form of financial compensation proved advantageous. It also gives legal liability.
If you want to get car insurance for your car and are looking for car insurance agents in Mohali Chandigarh, FinMatters gives the one-stop solution. We are one of the best car insurance agents in Panchkula who can help to get insurance, renew insurance as well as settle the claim amount.
Types of Car Insurance Plans Offered by FinMatters
Several types of car insurance plans are available in India. At FinMatters, a leading provider of car insurance in Chandigarh, we offer a range of plans tailored to meet your specific needs.
Third-Party Liability Insurance
Being a third-party insurance, this minimum cover must cater to damages or injuries that an accident might have caused to a third party. It does not insure your car however it is cheap to provide legal requirements.
Comprehensive Car Insurance
Comprehensive car insurance offers any, third-party risks and damages where the driver is involved in an accident, theft, or natural calamities. It is useful for the whole coverage although it comes with a higher price.
Personal Accident Cover
A personal accident cover plan provides for subsequent medical bills as well as compensation in case of the policyholder’s total permanent disability or death as a result of a car accident. Sometimes incorporated into the broad strategic plans or offered as an option.
Zero Depreciation Cover
Zero Depreciation plan add-on makes the claim amount higher than the cost of replacement without considering the depreciation of car parts on the vehicle making it one of the most embraced among new vehicle owners.
Pay-As-You-Drive Insurance
A variant of a policy whereby the policyholder pays based on the number of kilometers the vehicle is used. They will like it especially if they do not drive frequently or change their vehicles often because of the insurance implications.
Benefits of Buying Car Insurance in Chandigarh
Car insurance makes you legal, but it is also detrimental in that it has other benefits that enhance our usage of the available cars.
Buying car insurance offers numerous benefits, including financial protection against accidents, theft, and damage. It also ensures compliance with legal requirements and provides peace of mind. For personalized advice and tailored options, consult experienced car insurance agents in Mohali, Panchkula & Chandigarh.
Financial Protection Against Damages
Car insurance helps you recover claims needed after an accident, theft, or damage from events like floods or earthquakes. For personalized assistance and expert guidance, consult experienced car insurance agents in Panchkula.
Third-Party Liability Coverage
It is required by law in India and entitles any losses or physical harm to the third party car, building, or people during an accident, which can cost you a fortune in the process.
Peace of Mind
Most people desire to own, to drive a car that is fully insured because when there is an accident, they will not pay an arm and leg.
Additional Extra Schemes for Special Insurance
Almost all insurance companies in Chandigarh offer optional services like towing, engine security, and consumables. These additional features allow you to tailor your policy to your needs. For comprehensive coverage and expert advice, consult car insurance agents in Panchkula.
Things to Consider Before Choosing Car Insurance
When purchasing car insurance, some important aspects ought to be considered to obtain the most favorable bang for the buck and just adequate liability.
Coverage Offered
Consider what is offered in the policy. Thus, while a third-party policy may be cheaper it does not even cover your car’s damages. They are more extensive as compared to their counterparts, but they are expensive when compared to those limited in range.
Premium vs. Coverage
While comparing the premiums of two insurance policies one should look at the coverage benefits as well. One may get a policy at a lower price, but such a policy may not cover much, therefore the issue that should be considered carefully on the matter is the price and the amount of protection.
Add-On Features
You can try to add other additional policies that may be beneficial in your policy such as zero depreciation, roadside assistance, or engine protection. Make sure that the extra cost that you incur will be worth the value received.
Claim Settlement Ratio
The ability of an insurer to pay claims in terms of percentage is referred to as the claim settlement ratio and a figure which transmits a high value means that the insurer has been good in paying claims.
How to Buy Car Insurance in Chandigarh
To buy car insurance in Chandigarh through FinMatters, start by visiting our website to compare various policies. Contact our agents to receive personalized quotes, consult with our expert car insurance agents in Panchkula, and select the best coverage to suit your needs. Here’s a step-by-step guide to help you purchase the right policy:
Assess Your Insurance Needs
First, you should assess how you use your car, the risks you have, and whether you require a third-party or a comprehensive policy. Comprehensive insurance coverage with additional features such as zero depreciation is the most appropriate for new cars or those that are costly.
Compare Policies Online
You should use the available online comparison tools to study policies offered by Insurance Companies in Chandigarh. It means you do not have to settle for the price, type of cover, extra services, or CSR without comparing.
Submit Documents and Pay Online
Once you have eventually settled on the suitable policy, you then give the required documents like registration of your vehicle, ID, and other details of the previous policy if any. The premium can also be paid online, and this will come with an instant issuance of the policy.
Renew Your Policy Regularly
Make sure that you remember your policy expiry date and renew it to have consistent coverage. If you choose us to buy the car insurance, our team will handle renewal and other tasks.
FAQs on Car Insurance Agents in Mohali Chandigarh
Q.1 Why is car insurance a must for my vehicle?
Having car insurance provides several benefits, including coverage for legal liability, injuries, and damages resulting from accidents or unforeseen events.
Q.2 What does car insurance cover?
Car insurance covers damages due to accidents, theft, natural disasters, and more. You can claim expenses for these situations as part of your car insurance policy.
Q.3 Can I transfer my car insurance to another car?
No, existing car insurance cannot be transferred to a different car. You need to obtain a new policy for the other vehicle.
Q.4 Is it required to renew my car insurance?
Yes, it is essential to renew your car insurance regularly to maintain continuous coverage and comply with legal requirements. For expert guidance, consult our car insurance agents in Mohali, Panchkula.
Q.5 Can I get a duplicate copy of my car insurance?
Yes, you can request a duplicate copy from your car insurance agent. Our team will provide you with a copy whenever you need it.
Q.6 How can I choose the right car insurance?
To select the right car insurance, consider factors such as coverage options and premium rates. Contact Fin Matters for assistance in finding the best policy for your needs.
Q.7 What is zero depreciation in car insurance?
Zero depreciation means that you can claim the full amount for car repairs without any deductions for depreciation. For more information on zero depreciation car insurance, reach out to us.
Q.8 Can I cancel my car insurance?
Yes, you can cancel your car insurance at any time. Our team can guide you through the process.
Q.9 How can I renew my car insurance policy?
To renew your car insurance, simply contact Fin Matters. Our team will guide you through the renewal process based on
