The car insurance policy should be transferred to the new owner when you sell your car. Once the ownership transfer is completed at the Regional Transport Office (RTO), the buyer must apply to the insurer to transfer the policy into their name. As per applicable regulations, the third-party insurance cover transfers automatically for a limited period, while the own-damage cover must be formally transferred by the insurer to remain valid.

Yes. A policy can be cancelled by contacting the insurer. If no claim has been made, the insurer refunds the premium after deducting the applicable charges, depending on the cancellation date and policy terms. Once a claim has been paid, the premium is not refundable.

Yes. Every registered vehicle must have its own insurance policy. A single car insurance policy cannot cover multiple cars, even if they are owned by the same individual.

A standard car insurance policy covers the owner-driver's Personal Accident Cover, wherever applicable. Passengers are covered only if an unnamed passenger cover or a similar optional cover has been added to the policy.

The compulsory Personal Accident Cover for the owner-driver is not required if you already hold another valid PA policy of ₹15 lakh covering you as the owner-driver. If you do not have such a cover, it must be included wherever applicable under the prevailing regulatory guidelines.

Damage caused by floods and other natural disasters is covered under a comprehensive policy. However, engine damage resulting from restarting or driving a waterlogged vehicle after water enters the engine is treated as a consequential loss and is not covered unless you have an Engine Protection Add-on.

Damage caused by collisions with animals is covered under a comprehensive policy. Rat-bite damage is covered only if the policy includes a Rat Bite Add-on or if the insurer specifically includes it under the own-damage section. Always check the policy wording.

There is no fixed limit on the number of claims you can make during a policy year. Every claim is assessed independently according to the policy terms. However, repeated claims can result in the loss of your No Claim Bonus and may affect future premiums.

The time depends on the type of claim, document submission, and survey completion. Cashless claims are settled directly with the network garage after approval, while reimbursement claims are processed after all required documents and repair invoices are submitted.

No. Damage that occurred before the policy start date or before renewal is not covered. Insurers only settle claims for losses that occur during the policy period and fall within the scope of the policy.

An own-damage claim results in the loss of your accumulated No Claim Bonus unless you have an NCB Protection Add-on. Losing the NCB increases the own-damage premium at the next renewal.

Several factors influence your renewal premium, including changes in your car's IDV, revised third-party premium rates, add-ons selected, claim history, and the loss of your No Claim Bonus after making an own-damage claim.

Yes. Car insurance premiums attract 18% GST, which is added to the premium payable.

Yes. Many insurers and insurance platforms provide EMI options through partner banks or payment providers. Eligibility, tenure, and interest charges depend on the payment partner.

For older vehicles with a lower market value, the right policy depends on the car's condition and usage. A well-maintained car that is driven regularly can still benefit from comprehensive insurance, while an ageing vehicle with limited usage may only require third-party cover. The decision should balance the premium against the car's current value.

There is no grace period for insurance coverage after your policy expires. Your cover ends immediately on the expiry date. However, you can retain your No Claim Bonus by renewing the policy within 90 days of expiry, subject to the insurer's terms and applicable guidelines.