Monthly Archives: February 2016
Vehicle insurance is an the part of your auto. have you think that insurance is iportant for you ? just learn more and read it in the following reason :
There are two types of vehicle policies: Third Party & Comprehensive vehicle policy. Third party refers protection cover for the damage done to a third party into an event of an accident, such as injury or death or damage to his or her property on account of any accident caused by your vehicle under Third Party insurance. It also includes personal accident cover for the owner-driver. However, it doesn’t cover any damage to your motor. As per the law, it is mandatory to hold atleast third party cover to driver your motor on roads.
A comprehensive is a protective cover for your vehicle as well. It will provide you both third party and own damage covers. Taking cover for own damage is not mandatory but it will be proves quite helpful as it takes care of your financial needs during emergency. Therefore, it is advisable to cover for damages to own the vehicle too. The risks covered are natural disasters such as earthquake, flood, storm, etc. Man-made disasters such as accident, theft, fire, riots, malicious act, etc.
Every vehicle is insured upon a value based on the manufacturer’s price of the vehicle minus the depreciation as per the vehicle’s age known as Insured Declared Value. The damage to third party property is covered upto a sum of Rs 7.5 lakh for car and Rs 1 lakh for two-wheeler. And there is no such limit on the cover for injury or death to the third party.
The premium on your Vehicle Insurance policy is determined on various factors like model, capacity, age, fuel type, city you stay in, your age, profession, security aspects, claim experience and lastly modifications made/accessories added to the vehicle.
One of the most common ways to save premium is the No Claim Bonus (NCB), where you can get a discount on your premium if you haven’t made any claim in the prior years. These discounts can be increased with each successive year of zero claim and goes up to as high as 50% to 60%.
It is advisable don’t claim for petty dents or small scratch and utilized your No Claim Bonus, instead accumulate these bonuses and utilized for higher discount premiums. Another way to reduce premium would be installing safety devices, having membership of an automobile association, choosing higher deductibles, parking in garages or safe area, etc.
Many van drivers and commercial vehicle owners often rely heavily on their vehicles as a source of income. For this reason it is important that you look after your vehicle well and make sure you are sufficiently insured should anything go wrong.
One of the most important factors of insuring your commercial vehicle is making sure you have the right cover for you vehicle and it’s intended use.
Note that the amount insured may be a limited sum for each vehicle and will based on the value of the contents. Goods in transit insurance will provide cover for:
- Damage caused by accidents during transit
- Damage caused during transit
You can always enhance the protective cover by opting for add-on to insure for risks that are not covered under a standard policy. Some common-add on would zero depreciation, no claim bonus, hospitalization, etc. Some insurance companies offer the cashless facility if the vehicle is repaired at their authorized garages. Else, you can repaired at your preferred garage and then claim reimbursement from the insurer.
Have you know about the system security of your car? acttually that is really useful. you don’t know what happen later, then, just learn it at this paragraph below. it will be help you more :
The Global Car Security System Industry 2016 Market Research Report gives a comprehensive account of the Global Car Security System Industry. Details such as the size, key players, segmentation, SWOT analysis, most influential trends, and business environment of the market are mentioned in this report. Furthermore, this report features tables and figures that render a clear perspective of the Global Car Security System Industry. The report features an up to date data on key companies product details, revenue figures, and sales. Furthermore, the details also gives the Global Car Security System Industry revenue and its forecasts. The business model strategies of the key firms in the Global Car Security System Industry are also included. Key strengths, weaknesses, and threats shaping the leading players in the market have also been included in this research report.
The report gives a detailed overview of the key segments in the market. The fastest and slowest growing market segments are covered in this report. The key emerging opportunities of the fastest growing Global Car Security System Industry segments are also covered in this report. Each segments and sub-segments market size, share, and forecast are available in this report. Additionally, the region-wise segmentation and the trends driving the leading geographical region and the emerging region has been presented in this report.
Get Complete Report with TOC :
The study on the Global Car Security System Industry also features a history of the tactical mergers, acquisitions, collaborations, and partnerships activity in the market. Valuable recommendations by senior analysts about investing strategically in research and development can help new entrants or established players penetrate the emerging sectors in the Global Car Security System Industry. Investors will gain a clear insight on the dominant players in this industry and their future forecasts. Furthermore, readers will get a clear perspective on the high demand and the unmet needs of consumers that will enhance the growth of this market.
Some Points from Table of Content:
Part I Car Security System Industry Overview
Chapter One Car Security System Industry Overview
1.Car Security System Definition
2 Car Security System Classification Analysis
3 Car Security System Main Classification Analysis
4Car Security System Main Classification Share Analysis
5 Car Security System Application Analysis
6Car Security System Main Application Analysis
6 Car Security System Main Application Share Analysis
7 Car Security System Industry Chain Structure Analysis
8Car Security System Industry Development Overview
8 Car Security System Product History Development Overview
9 Car Security System Product Market Development Overview
10 Car Security System Global Market Comparison Analysis
11 Car Security System Global Import Market Analysis
12 Car Security System Global Export Market Analysis
13 Car Security System Global Main Region Market Analysis