{"id":869,"date":"2022-05-24T08:57:06","date_gmt":"2022-05-24T08:57:06","guid":{"rendered":"http:\/\/kbinsurance.in\/?page_id=869"},"modified":"2022-05-24T09:50:40","modified_gmt":"2022-05-24T09:50:40","slug":"automobile-insurance","status":"publish","type":"page","link":"https:\/\/kbinsurance.in\/?page_id=869","title":{"rendered":"Automobile Insurance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"869\" class=\"elementor elementor-869\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6e99129 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6e99129\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4416359\" data-id=\"4416359\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-754968b elementor-widget elementor-widget-heading\" data-id=\"754968b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.5 - 27-04-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Automobile Insurance<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e7c95d elementor-widget elementor-widget-heading\" data-id=\"8e7c95d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Don\u2019t worry, Drive happy!<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5e7d839 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5e7d839\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-dff9b26\" data-id=\"dff9b26\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e5bae2c elementor-widget elementor-widget-text-editor\" data-id=\"e5bae2c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.5 - 27-04-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><b>Vehicle insurance<\/b>\u00a0(also known as\u00a0<b>car insurance<\/b>,\u00a0<b>motor insurance<\/b>, or\u00a0<b>auto insurance<\/b>) is\u00a0<a title=\"Insurance\" href=\"https:\/\/en.wikipedia.org\/wiki\/Insurance\">insurance<\/a>\u00a0for\u00a0<a class=\"mw-redirect\" title=\"Automobile\" href=\"https:\/\/en.wikipedia.org\/wiki\/Automobile\">cars<\/a>,\u00a0<a title=\"Truck\" href=\"https:\/\/en.wikipedia.org\/wiki\/Truck\">trucks<\/a>,\u00a0<a title=\"Motorcycle\" href=\"https:\/\/en.wikipedia.org\/wiki\/Motorcycle\">motorcycles<\/a>, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from\u00a0<a title=\"Traffic collision\" href=\"https:\/\/en.wikipedia.org\/wiki\/Traffic_collision\">traffic collisions<\/a>\u00a0and against\u00a0<a title=\"Legal liability\" href=\"https:\/\/en.wikipedia.org\/wiki\/Legal_liability\">liability<\/a>\u00a0that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against\u00a0<a title=\"Motor vehicle theft\" href=\"https:\/\/en.wikipedia.org\/wiki\/Motor_vehicle_theft\">theft<\/a>\u00a0of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as\u00a0<a class=\"mw-redirect\" title=\"Keying (vandalism)\" href=\"https:\/\/en.wikipedia.org\/wiki\/Keying_(vandalism)\">keying<\/a>, weather or\u00a0<a title=\"Natural disaster\" href=\"https:\/\/en.wikipedia.org\/wiki\/Natural_disaster\">natural disasters<\/a>, and damage sustained by colliding with stationary objects. The specific terms of vehicle insurance vary with legal\u00a0<a title=\"Regulation\" href=\"https:\/\/en.wikipedia.org\/wiki\/Regulation\">regulations<\/a>\u00a0in each region.<\/p><p>Auto insurance in India deals with the insurance covers for the loss or damage caused to the automobile or its parts due to natural and man-made calamities. It provides\u00a0<i>accident cover for individual owners<\/i>\u00a0of the vehicle while driving and also for\u00a0<i>passengers and third-party legal liability<\/i>. There are certain general insurance companies who also offer online insurance service for the vehicle.<\/p><p>Auto insurance in India is a compulsory requirement for all new vehicles used whether for commercial or personal use. The insurance companies have tie-ups with leading automobile manufacturers. They offer their customers instant auto quotes. Auto premium is determined by a number of factors and the amount of premium increases with the rise in the price of the vehicle. The claims of the auto insurance in India can be accidental, theft claims or third-party claims. Certain documents are required for claiming auto insurance in India, like duly signed claim form, RC copy of the vehicle, driving license copy, FIR copy, original estimate and policy copy.<\/p><p>There are different types of auto insurance in India:<\/p><p>Private Car Insurance \u2013 Private Car Insurance is the fastest growing sector in India as it is compulsory for all the new cars. The amount of premium depends on the make and value of the car, state where the car is registered and the year of manufacture. This amount can be reduced by asking the insurer for No Claim Bonus (NCB) if no claim is made for insurance in previous year.<sup id=\"cite_ref-24\" class=\"reference\"><\/sup><\/p><p>Two Wheeler Insurance \u2013 The Two Wheeler Insurance in India covers accidental insurance for the drivers of the vehicle. The amount of premium depends on the current showroom price multiplied by the depreciation rate fixed by the Tariff Advisory Committee at the beginning of a policy period.<\/p><p>Commercial Vehicle Insurance \u2013 Commercial Vehicle Insurance in India provides cover for all the vehicles which are not used for personal purposes like trucks and HMVs. The amount of premium depends on the showroom price of the vehicle at the commencement of the insurance period, make of the vehicle and the place of registration of the vehicle. The auto insurance generally includes:<\/p><ul><li>Loss or damage by accident, fire, lightning, self ignition, external explosion, burglary, housebreaking or theft, malicious act<\/li><li>Liability for third-party injury\/death, third-party property and liability to paid driver<\/li><li>On payment of appropriate additional premium, loss\/damage to electrical\/electronic accessories<\/li><\/ul><p>The auto insurance does not include:<\/p><ul><li>Consequential loss, depreciation, mechanical and electrical breakdown, failure or breakage<\/li><li>When vehicle is used outside the geographical area<\/li><li>War or nuclear perils and drunken driving<\/li><\/ul><h6><strong><span id=\"Third-party_insurance\" class=\"mw-headline\">Third-party insurance<\/span><\/strong><\/h6><p>This cover is mandatory in India under the Motor Vehicles Act, 1988. This cover cannot be used for personal damages. This is offered at low premiums and allows for third-party claims under &#8220;no-fault liability&#8221;. The premium is calculated through the rates provided by the Tariff Advisory Committee. This is a branch of the IRDA (Insurance Regulatory and Development Authority of India). It covers bodily injury\/accidental death and property damage.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f8ad88f elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f8ad88f\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-19076a4\" data-id=\"19076a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a7a63e8 elementor-widget elementor-widget-heading\" data-id=\"a7a63e8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Free Estimation<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-75947b9 elementor-widget elementor-widget-heading\" data-id=\"75947b9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Quote for automobile insurance<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-029fbda elementor-align-center elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"029fbda\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"http:\/\/kbinsurance.in\/?page_id=16\" class=\"elementor-button-link elementor-button elementor-size-md\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Get A Quote<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Automobile Insurance Don\u2019t worry, Drive happy! Vehicle insurance\u00a0(also known as\u00a0car insurance,\u00a0motor insurance, or\u00a0auto insurance) is\u00a0insurance\u00a0for\u00a0cars,\u00a0trucks,\u00a0motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from\u00a0traffic collisions\u00a0and against\u00a0liability\u00a0that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against\u00a0theft\u00a0of the vehicle, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/kbinsurance.in\/?page_id=869\"> <span class=\"screen-reader-text\">Automobile Insurance<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"page-builder","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"enabled","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"class_list":["post-869","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/pages\/869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kbinsurance.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=869"}],"version-history":[{"count":16,"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/pages\/869\/revisions"}],"predecessor-version":[{"id":898,"href":"https:\/\/kbinsurance.in\/index.php?rest_route=\/wp\/v2\/pages\/869\/revisions\/898"}],"wp:attachment":[{"href":"https:\/\/kbinsurance.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}