What is a Auto Insurance ?
Vehicle insurance (also known as auto insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks, and other vehicles. Its primary use is to provide protection against losses incurred as a result of traffic accidents and against liability that could be incurred in an accident.
What is a Benefits of ICICI Lombard Auto Insurance?
A comprehensive package policy for your four-wheelers, securing them against damage caused by natural and man-made calamities.
It covers you against acts of terrorism
Avail of personal accident and third party liability cover in the same policy
BENEFITS :
Avail of Own Damage, Personal Accident and Liability cover all in one policy.
Access to over 2700 network garages across the country for cashless claims across India.
Transfer your full benefits of No Claim Bonus when you shift your motor insurance policy from any another company to ICICI Lombard *
Avail of No Claim Bonus (NCB) on renewals if no claim is made during the previous policy period. Know more about the benefits of NCB.
You can also buy or renew your policy online in case of gap-in-insurance.
Towing charges up to Rs. 1,500 can be claimed in case of accidental damage or loss to your vehicle (as per the policy).
If you are a member of a recognized Automobile Association in India you can avail an additional discount of 5% on the Own Damage Premium subject to a maximum of Rs. 200.
In case you have installed an ARAI (The Automotive Research Association of India) approved anti theft device in your vehicle, you get a discount of 2.5 % on the Own Damage Premium to a maximum of Rs. 500.
You can also opt for personal accident cover of up to Rs. 2 lakh for other passengers in your car.
Customize your insurance with additional covers for electrical and/ or non-electrical items, such as fog lights, music system and seat covers.
COVERAGE :
Loss or damage to your vehicle
The policy covers you against any loss or damage caused to the vehicle due to the following natural and man-made calamities.
Natural Calamities – Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide.
Man-made Calamities – Burglary, theft, riot, strike, malicious act, accident by external means, terrorist activity, any damage in transit by road, rail, inland waterway, lift, elevator or air.
Personal accident cover
The motor insurance provides compulsory personal accident cover of Rs. 2 lakhs for individual owner/ driver of the vehicle insured while travelling in, mounting or dismounting from the car. You can also opt for a personal accident cover for passengers.
Third party legal liability
This protects you against legal liability arising due to accidental damages resulting in
- Any permanent injury/ death of a person
- Any damage caused to the property.
Exclusions
Under this policy, you are not covered against:
Normal wear and tear and general ageing of the vehicle
Depreciation or any consequential loss
Mechanical/ electrical breakdown
Wear and tear of consumables like tyres and tubes
Vehicles including cars being used otherwise than in accordance with limitations as to use
Damage to/ by a person driving any vehicles or cars without a valid license
Damage to/ by a person driving the vehicle under the influence of drugs or liquor
Loss/ damage due to war, mutiny or nuclear risk
For More Detail Info regarding ICICI Lombard Auto Insurance Visit ICICI LOMBARD SITE : http://www.icicilombard.com