Insurance Premium Calculation

Understanding how Car Insurance Premiums are Calculated in India?

Byadmin

Introduction When you purchase a car, car insurance is not just a legal requirement, it’s also crucial for protecting your vehicle against potential risks such as accidents, theft, or damage. However, one of the most commonly asked questions is: How is the car insurance premium calculated? The calculation of a car insurance premium in India…

Own Damage Insurance (OD Insurance)

Own Damage Insurance in India: Coverage, Benefits

Byadmin

Understanding Own Damage Insurance Own Damage (OD) Insurance provides financial protection against damages to your vehicle. It covers losses due to accidents, theft, natural disasters, and vandalism. Unlike third-party insurance, which only covers liabilities toward others, OD insurance ensures that repair costs for your car are covered, reducing your financial burden. This type of insurance…