Private Car Insurance

Private Car Insurance

Total Cover

100% Claim Settlement

No

Documentation

Reasonable

Premium

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Total Cover

100% Claim Settlement

No

Documentation

Reasonable

Premium

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Client Testimonials​

3 months ago
Beemawala and team is a best Company for take any type of insurance. They support and take care of your claim . Thanks a lot for your support of my claims many times .
4 months ago
Really satisfied and happy with the progress in the process Thank you for your service and your support
a year ago
Shantanu is professional and very prompt in responding to my questions. I’m a repeated client and he’s been supportive throughout. I highly recommend his services. I wish him and his team good luck for future.
a year ago
Beemawala team provides professional services with best solution both at corporate and personal level. Always ready to answer any queries related to policy. I am very happy with the service.
7 months ago
Best policy provider with many Options & Awasome after Sales services
What is Private Car Insurance

it provides a One-year third-party premium and a one-year own-damage (OD) premium

Private Car Insurance provides coverage for vehicles against various risks, including accidental damage, theft, and third-party liabilities. It offers financial protection to car owners in case of unfortunate incidents, helping them manage repair costs, legal expenses, and damages to third parties. Having Private Car Insurance is mandatory in India as per the Motor Vehicles Act, ensuring responsible driving and safeguarding both car owners and third parties from potential financial burdens.


⛦ Example Scenario:
In the case of Rahul’s car accident in Shimla, where his car was washed away in a flood, his Comprehensive Private Car Insurance policy proved to be immensely helpful. The incident was immediately reported to the insurance company, and a surveyor was assigned to assess the damage. As the policy covered damages from natural disasters, the insurance claim was accepted. The car was towed to an authorized garage for repairs, and the insurance company settled the repair bills directly, relieving Rahul from financial burden. The incident highlighted the significance of having a reliable car insurance policy to protect against unforeseen events and ensure peace of mind for Indian car owners.

Coverages of Private Car Insurance

Own Damage Coverage

Own Damage Coverage

Protection against damages to your car due to accidents, fire, theft, vandalism, or natural calamities.

Third-Party Liability Coverage

Third-Party Liability Coverage

Covers legal liabilities for bodily injuries or property damage caused to third parties in an accident involving your car.

Personal Accident Cover

Personal Accident Cover

Compensation for injuries or death to the owner/driver of the insured car.

Passenger Cover

Passenger Cover

Coverage for passengers travelling in the insured car against bodily injuries or death.

Roadside Assistance

Roadside Assistance

Assistance for breakdowns, towing, flat tire, battery jumpstart, and other emergency services.

Loss of Personal Belongings

Loss of Personal Belongings

Coverage for loss or damage to personal belongings kept in the insured car.

Engine Protection

Engine Protection

Coverage for damages to the car’s engine and its components.

Zero Depreciation Cover

Zero Depreciation Cover

Full reimbursement of repair/replacement costs without considering depreciation.

Consumables Cover

Consumables Cover

Covers the cost of consumables like nuts, bolts, engine oil, etc., during repairs.

Key Replacement Cover

Key Replacement Cover

Compensation for the cost of replacing lost or damaged car keys.

No Claim Bonus (NCB) Protection

No Claim Bonus (NCB) Protection

Allows retention of NCB even after making a claim.

Return to Invoice (RTI) Cover

Return to Invoice (RTI) Cover

Ensures reimbursement of the car’s invoice value in case of total loss or theft.

Additional Add-ons OF Private Car Insurance

Zero Depreciation Cover

Zero Depreciation Cover

Provides full reimbursement for repair/replacement costs without considering depreciation.

Return to Invoice (RTI) Cover

Return to Invoice (RTI) Cover

Ensures reimbursement of the car’s invoice value in case of total loss or theft.

Engine Protection

Engine Protection

Covers damages to the car’s engine and its components.

Consumables Cover

Consumables Cover

Covers the cost of consumables like nuts, bolts, engine oil, etc., during repairs.

Key Replacement Cover

Key Replacement Cover

Compensation for the cost of replacing lost or damaged car keys.

No Claim Bonus (NCB) Protection

No Claim Bonus (NCB) Protection

Allows retention of NCB even after making a claim.

Emergency Transport and Hotel Expenses

Emergency Transport and Hotel Expenses

Reimbursement for alternative transport and hotel expenses in case of a breakdown far from home.

Roadside Assistance

Roadside Assistance

Assistance for breakdowns, towing, flat tire, battery jumpstart, and other emergency services.

Loss of Personal Belongings

Loss of Personal Belongings

Coverage for loss or damage to personal belongings kept in the insured car.

Passenger Cover

Passenger Cover

Coverage for passengers travelling in the insured car against bodily injuries or death.

Daily Allowance Benefit

Daily Allowance Benefit

Compensation for the cost of daily commuting when the insured car is under repair.

Tyre Cover

Tyre Cover

Provides coverage for damage to car tyres due to accidental punctures, cuts, or bursts.

Rim Cover

Rim Cover

Covers damages to the car’s rims/wheels caused by road hazards or accidents.

Rodent Cover

Rodent Cover

Protects against damages to the car’s wiring and other components caused by rodent infestations.

Factors Determining the Premium of Coverages of Private Car Insurance

Car Make and Model

Car Make and Model

The brand, model, and variant of the car play a significant role in premium calculation. Expensive or high-end cars may attract higher premiums.

Car's Age

Car's Age

Since this policy is designed for brand-new cars, the age of the vehicle is a crucial factor in premium calculation. Newer cars usually have lower premiums.

Insured Declared Value (IDV)

Insured Declared Value (IDV)

The IDV represents the car’s current market value and is a major factor in premium calculation. Higher IDV results in a higher premium.

RTO Number / State

RTO Number / State

The location where the car is registered (RTO number or state) affects the premium. Metropolitan cities or certain states may have higher premiums due to increased risks.

Engine Capacity

Engine Capacity

The engine’s cubic capacity also influences the premium. Cars with higher engine capacity may have higher premiums.

Fuel Type (CNG / Diesel / Petrol / Electric)

Fuel Type (CNG / Diesel / Petrol / Electric)

The type of fuel used in the new car affects the premium, with CNG and diesel-powered cars potentially having different premium rates compared to petrol or electric cars.

Anti-Theft Devices

Anti-Theft Devices

Installation of anti-theft devices like immobilizers and GPS trackers can lead to discounts on the premium.

Policy Add-ons

Policy Add-ons

 The choice of add-ons, like zero depreciation cover or engine protection, will impact the total premium cost.

NCB Transfer Benefit

NCB Transfer Benefit

The No Claim Bonus (NCB) from the previous policy can be transferred, providing a discount on the premium.

Voluntary Deductibles

Voluntary Deductibles

Voluntary Deductibles Opting for a higher voluntary deductible amount can reduce the premium.

Major Differences Between Own Damage (OD) Cover and Third-Party Liability Cover In Private Car -New Vehicle Insurance

Coverage Own Damage (OD) Cover Third-Party Liability Cover
Definition
Provides coverage for damages to your vehicle due to accidents, theft, natural calamities, fire, and more.
Covers legal liabilities for damages caused to third-party property, injuries, or death due to your car's involvement in an accident.
Scope of Coverage
Protects your own vehicle against a wide range of perils and damages.
Only covers damages and injuries caused to third parties, not your vehicle.
Premium Determination
Based on factors like car's make, model, IDV, and add-ons chosen.
Regulated by the Insurance Regulatory and Development Authority of India (IRDAI). Premium rates are predefined based on the car's engine capacity.
Coverage Extent
Comprehensive coverage for your vehicle, including theft, own damage, and accidents.
Limited to liabilities arising from third-party property damage, injuries, or death.
Add-ons
Various add-ons like zero depreciation, engine protection, roadside assistance, etc., can be availed to enhance coverage.
No add-ons are available, as it is a standardized cover as per IRDAI regulations.
Legal Compliance
Optional, but highly recommended for complete protection of your vehicle.
Mandatory by law to drive a vehicle on Indian roads.
Claim Settlement
Applicable for damages to your vehicle, subject to policy terms and conditions.
Covers financial liabilities towards third parties up to the prescribed limits.
Insurance Premium
Can significantly impact the premium amount based on the extent of coverage and chosen add-ons.
Premium rates are fixed as per the IRDAI guidelines and are based on the car's engine capacity.
In summary, Own Damage (OD) Cover provides comprehensive protection for your own vehicle, while Third-Party Liability Cover is mandatory by law and covers liabilities arising from damages to third-party property or individuals caused by your vehicle. Combining both covers ensures complete protection for your new vehicle under the New Vehicle Private Car Insurance policy.

How to Settle Car Insurance Policy Claims

claim due to an accident

Inform the Insurer

Inform the Insurer

Notify your insurance company about the accident and damages as soon as possible. Provide all necessary details, such as the policy number, date and time of the incident, location, and a brief description of the accident.

File an FIR (If applicable)

File an FIR (If applicable)

If there is significant damage or third-party involvement, file a First Information Report (FIR) at the nearest police station. This is especially important for theft or major accidents.

Survey and Assessment

Survey and Assessment

The insurance company will appoint a surveyor to assess the extent of damage to your vehicle. Cooperate with the surveyor and provide all relevant documents and evidence related to the accident.

Submit Required Documents

Submit Required Documents

Submit the duly filled claim form along with the required documents, such as a copy of the vehicle’s registration certificate (RC), a valid driving license, the FIR (if applicable), and any other documents requested by the insurer.

Repairs and Inspection

Repairs and Inspection

After the assessment, the insurer may arrange for an inspection of the damaged vehicle or direct you to an authorized garage for repairs. Some insurers may offer cashless facilities at network garages.

Claim Settlement

Claim Settlement

Once the repairs are completed, submit the bills and invoices to the insurance company for reimbursement or settlement as per the policy terms.

Claim Amount

Claim Amount

The claim amount will depend on the extent of damage and the terms of your insurance policy, including the deductible and policy coverage.

Excess Payment

Excess Payment

Pay the applicable excess or deductible amount as per the policy terms. The insurer will cover the remaining claim amount.

necessary document

Necessary Documentation

Keep copies of all documents related to the claim, including the settlement letter and payment receipt, for future reference.

How to Settle Car Insurance Policy Claims

In case of theft of the vehicle

File an FIR (If applicable)

File a Police Report

Immediately report the theft to the nearest police station and obtain a First Information Report (FIR) or a Non-Cognizable Report (NCR) as required by the insurer.

Inform the Insurer

Inform the Insurance Company

Contact your insurance company’s customer support or claims helpline as soon as possible and provide them with all the necessary details about the theft incident.

Submit Required Documents

Submit Required Documents

The insurance company will request specific documents, such as the FIR/NCR copy, original policy documents, vehicle registration certificate (RC), claim form, and any other documents as required.

Claim Amount

Cooperate with Investigation

The insurer may conduct an investigation to verify the theft incident. Cooperate fully and provide any additional information or documents they may require.

Survey and Assessment

Claim Survey

An authorized surveyor appointed by the insurance company will assess the loss and damages to determine the claim amount.

Transfer Vehicle Ownership

In case the stolen vehicle is not recovered, transfer the ownership of the vehicle to the insurance company as per their requirements.

claim settlement

Claim Settlement

Once the surveyor’s report is received, and all necessary documentation is in place, the insurance company will process the claim settlement.

Claim Payout

Claim Payout

claim is accepted, the insurance company will provide the claim payout amount as per the terms and conditions of the policy.

Exclusions of Private Car Insurance

Consequential Loss

Consequential Loss

Insurance may not cover losses that result as a consequence of a covered event, such as financial losses due to missed business opportunities.

Driving Under Influence

Driving Under Influence

Accidents caused while driving under the influence of alcohol or drugs may be excluded from coverage.

Unauthorized Drivers

Unauthorized Drivers

If an accident occurs while someone other than the authorized driver is driving the insured car, it may not be covered.

Racing or Adventure Activities

Racing or Adventure Activities

Damages occurring during racing, rallies, or adventure sports are typically excluded.

Intentional Damage

Intentional Damage

Any damages caused intentionally by the insured or any other person will be excluded from coverage under the Private Car Insurance policy.

Wear and Tear

Wear and Tear

Regular wear and tear of the vehicle or mechanical breakdowns are not covered.

Illegal Activities

Illegal Activities

Accidents caused while using the car for illegal purposes may be excluded.

Loss of Personal Belongings

Loss of Personal Belongings

Loss of personal belongings from the car may not be covered.

War or Terrorism

War or Terrorism

Damages due to war, war-like situations, or acts of terrorism are generally excluded.

Nuclear Damage

Nuclear Damage

Any damages caused by nuclear activity are not covered.

Expired or Lapsed Policy

Expired or Lapsed Policy

If the policy is expired or lapsed at the time of the incident, there will be no coverage.

Documents Required for Claim Settlement under Private Car Insurance

- THEFT CLAIM -

Police FIR (if applicable):

First Information Report (FIR)

A copy of the FIR lodged with the police station reporting the theft of the vehicle.

KYC Documents

KYC Documents

Valid Know Your Customer (KYC) documents of the insured, such as Aadhar card, Passport, Voter ID, etc., for identification purposes.

Insured's PAN Card

Insured's PAN Card

Insured’s PAN Card: copy of the insured’s Permanent Account Number (PAN) card to verify tax-related information.

Insured's GST Certificate

Insured's GST Certificate

If applicable, a copy of the insured’s Goods and Services Tax (GST) certificate.

Claim Form

Duly Filled Claim Form

A completed claim form provided by the insurance company, containing all necessary details about the incident.

Policy Document

Policy Document

The original insurance policy document showing the coverage details.

Vehicle Registration Certificate (RC)

Vehicle Registration Certificate (RC)

A copy of the vehicle’s RC to establish ownership and vehicle details.

Driving License

Driving License

A valid driving license of the insured to verify the authority to drive the vehicle.

Keys and Locks

Keys and Locks

All available sets of keys and locks of the stolen vehicle.

Previous Insurance Records

Previous Insurance Records

If applicable, documents related to any previous insurance claims or policies.

No Trace Report

No Trace Report

If the vehicle is not recovered, a No Trace Report from the police stating that the stolen vehicle could not be located.

NOC from Financier

NOC from Financier

In the case of a financed vehicle, a No Objection Certificate (NOC) from the financing institution.

Letter of Subrogation

Letter of Subrogation

If the claim is paid to the policyholder, the insured needs to provide a letter of subrogation allowing the insurance company to take legal action against the guilty party.

Documents Required for claim settlement under Third Party - Private Car Insurance may include the following:

- ACCIDENTAL CLAIM -

Claim Form

Accident Claim Form

A duly filled and signed claim form providing details of the accident, the extent of damages, and injuries (if any).

KYC Documents

KYC Documents

Valid Know Your Customer (KYC) documents of the insured, such as Aadhar card, Passport, Voter ID, etc., for identification purposes.

Insured's PAN Card

Insured's PAN Card

 A copy of the insured’s Permanent Account Number (PAN) card to verify tax-related information.

Insured's GST Certificate

Insured's GST Certificate

If applicable, a copy of the insured’s Goods and Services Tax (GST) certificate.

Policy Document

Copy of the Insurance Policy

A copy of the valid and active insurance policy for the vehicle.

Police Report/FIR

FIR/NCR Copy(if applicable)

A copy of the First Information Report (FIR) or Non-Cognizable Report (NCR) filed with the police in case of an accident.

Driving License

Driving License

A copy of the valid driving license of the driver involved in the accident.

Vehicle Registration Certificate (RC)

Vehicle Registration Certificate (RC)

A copy of the vehicle’s RC, which includes details such as the registration number, engine number, chassis number, etc.

Estimate of Repairs

Estimate of Repairs

An estimate of the repair costs from an authorized garage or workshop.

Photographs(if available)

Photographs(if available)

Clear photographs of the accident scene, damages to the vehicle, and the location.

Witness Statements

Witness Statements

Statements from any witnesses present at the time of the accident (if available).

Medical Records (if applicable)

Medical Records (if applicable)

Medical documents, bills, and reports in case of injuries to the insured or any third party.

Police Report (If applicable)

Police Investigation Report (if applicable)

In case of a serious accident, a police investigation report may be required.

Contact Information for Claim Settlement: related to Private Car Insurance Policy

If Policy Obtained through Agent/Broker

Claims are the reason we get a car insurance in the first place! Therefore, ensure the claim process of your desired car insurance is smooth and doesn’t take too long. When you’re in trouble, the last thing you want is, to spend all your time and energy in just filing a claim!

If Policy Obtained Directly from Insurance Company

Claim Settlements are basically getting your compensations done right. Claims being such an important part of a car insurance, check for your desired insurer’s claim settlement ratio so that you’re assured that no matter what, your claims will be settled!

Claim Contact Information for Policy from Beemawala.com

If you have taken the policy from Beemawala.com, please use the following contact details to register your claim.

Frequently Asked Questions:for Private Car Insurance:

Private Car Insurance is a type of insurance policy that provides coverage for damages or losses to a privately-owned car due to accidents, theft, natural disasters, or other unforeseen events.
Yes, as per the Motor Vehicles Act, 1988, it is mandatory for all car owners to have valid car insurance to drive legally on Indian roads. Third-party liability insurance is the minimum requirement.
Comprehensive Car Insurance covers damages to your car as well as third-party liabilities. It includes protection against accidents, theft, natural calamities, fire, and more.
Third-Party Liability Insurance covers damages or injuries caused to a third party by your car. It is a mandatory component of car insurance in India.
NCB is a discount on the premium offered to policyholders who do not make any claims during the policy period. It can accumulate over the years and lead to substantial savings.
Yes, you can transfer the NCB to a new car if you sell your old car and buy a new one. The NCB can be transferred to the new car insurance policy.
You can reduce your car insurance premium by opting for higher voluntary deductibles, installing anti-theft devices, and accumulating No Claim Bonus.
Yes, the policy covers employees involved in hazardous work, subject to policy terms and conditions.
In case of an accident or damage to your car, you should inform your insurance company immediately and follow their claim process, which may involve submitting necessary documents and evidence.
Yes, you can transfer the car insurance policy to the new owner of the car. The new owner will need to apply for a transfer of ownership and insurance with the insurance company.
Yes, most insurance companies offer online renewal facilities. You can renew your car insurance policy online through the insurer’s website or a trusted insurance portal.
The grace period for car insurance renewal varies among insurers but is generally between 15 to 30 days after the policy expiry date. It is essential to renew the policy within this period to maintain continuity of coverage.
The insurance premium for a four-wheeler is calculated based on factors like the vehicle’s Insured Declared Value (IDV), age, make, model, location, and add-ons chosen. Insurance providers provide online calculators to estimate the premium.
IDV stands for Insured Declared Value, which is the current market value of the vehicle. It is the maximum amount the insurance company will pay in case of theft or total loss of the vehicle.
The cost of four-wheeler insurance depends on various factors like the type of coverage, vehicle details, add-ons selected, and the insurer’s pricing. It can vary for each individual based on their specific requirements.
To change the name in four-wheeler insurance, submit a request to the insurance company along with the required documents, such as proof of name change, ID proof, and policy details.
In case of an accident or damage, inform the insurance company immediately and file a claim. Provide all necessary documents and follow the claim process as per the insurer’s guidelines.
You can upgrade your existing third-party insurance to a comprehensive policy by contacting your insurance provider. Pay the additional premium and get the necessary endorsement.
When buying a new four-wheeler, it is essential to have at least Third-Party Liability Insurance as mandated by law. Comprehensive insurance, which includes OD and TP cover, is recommended for complete protection.
Third-Party Liability Insurance is compulsory for all four-wheelers as per the Motor Vehicles Act. It covers liabilities for third-party injury or property damage caused by the insured vehicle.
Four Wheeler Insurance provides financial protection to your vehicle against various risks, including accidents, theft, natural calamities, and third-party liabilities.
You can purchase Four Wheeler Insurance online through various insurance providers’ websites or online marketplaces like Policybazaar.
Yes, as per the Motor Vehicles Act, it is mandatory to have Third-Party Insurance for all four-wheelers to cover liabilities for bodily injury or property damage caused to third parties.
The premium is determined based on factors like the Insured Declared Value (IDV) of the vehicle, vehicle make and model, age of the car, type of fuel used, and geographical zone (RTO number/state).
Yes, you can easily renew your Four Wheeler Insurance online through the insurer’s website or other online platforms.
The best Four Wheeler Insurance company can vary based on individual requirements. It is recommended to compare policies from different insurers to find the most suitable one.
Zero Depreciation Cover ensures full claim settlement without factoring in the depreciation of car parts during repairs.
Comprehensive Four Wheeler Insurance provides coverage for both Own Damage (OD) and Third-Party Liabilities, offering more extensive protection.
You can check the status of your Four Wheeler Insurance policy online through the insurer’s website using your policy number or other required details.
Yes, you can transfer your Four Wheeler Insurance to another vehicle when you sell your existing car and buy a new one.
Some common add-ons include Engine Protect, Tyre Cover, Roadside Assistance, Consumables Cover, etc., which offer additional protection.
In case of an accident, immediately inform the insurance company, file an FIR with the police, if necessary, and follow the claim process as per the insurer’s guidelines. Provide all required documents for claim settlement.
Add-on coverages are optional enhancements that can be added to your car insurance policy for additional protection and benefits beyond the standard coverage.
Zero Depreciation cover ensures that you receive the full claim amount for replacing parts of your car without considering depreciation. It is especially helpful for newer cars as it saves you from bearing depreciation costs during claims.
Yes, Engine Protection cover provides coverage for damages caused to the engine due to a hydrostatic lock, which occurs when the engine is damaged by ingesting water.
Roadside Assistance cover provides emergency services like towing, flat tire replacement, battery jumpstart, and more in case of breakdowns or accidents, making it highly beneficial in times of distress.
Yes, some car insurance add-ons provide coverage for consumables like engine oil and coolant, ensuring a comprehensive claim settlement.
NCB Protection cover helps you retain your No Claim Bonus (NCB) even after making a claim. It ensures that your hard-earned NCB discount is not affected due to a single claim during the policy period.
No, Personal Belongings cover is usually not included in standard car insurance. However, you can opt for this add-on to receive coverage for your personal belongings kept inside the insured car.
Yes, Key Replacement cover offers coverage for the cost of replacing lost or stolen car keys, including key fob and locksmith charges.
Invoice Protection cover is typically available for new cars up to a certain age (usually up to 2 or 3 years). However, check with your insurance provider for any specific eligibility criteria.
No, Consumable Expenses cover is primarily for consumables like nuts, bolts, washers, and similar items. It does not cover expensive safety equipment like airbags.
You can usually purchase add-on covers both at the time of policy purchase and during the policy term, provided your car insurance policy is active.
No, add-on coverages are typically available only for comprehensive car insurance policies, as third-party policies offer limited coverage as mandated by law.
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