Why it is important to have third-party car insurance
0Driving responsibly is crucial for safety, and third-party car insurance is mandatory in many countries, including India. Lacking this insurance can lead to legal penalties, financial...
The impact of car insurance on your car resale value
0Car insurance significantly impacts the resale value of used cars. Factors such as Insured Declared Value (IDV), depreciation, claims history, and the type of insurance policy...
Executive Exchange: Using Advanced Toolsto Drill Into Flood Risk
0Analysis based on precise, granular data is key to fair, accurate insurance pricing – and is more important than ever before in an era of increased...
‘It’s not right’: Flood victim deals with insurance frustration after July storm in Toronto
0Like hundreds of other homeowners who suffered a loss in the July flood, Rebecca Benson has been consumed with dealing with a restoration contractor and her...
How to get a duplicate copy of your car insurance documents
0The article emphasized the necessity and details of vehicle insurance, urging car owners to keep their policy documents secure. It covered the government’s requirement for third-party...
Insured Declared Value in motor insurance cover: How is it calculated, is lower IDV better?
0If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the seventh part...
Triple-I Experts Speakon Climate Risk, Resilience
0Hurricane Beryl’s rapid escalation from a tropical storm to a Category 5 hurricane does not bode well for the 2024 Atlantic Hurricane season, which is already...
Types of car insurance plans you should know about
0India mandates third-party insurance (Motor Vehicles Act 1988). IRDAI sets premiums. Types: third-party liability, Own Damage, and Comprehensive insurance with extensive coverage including INR 15 lakh...
What Is zero depreciation in car insurance?
0Car owners are advised to drive responsibly to save on insurance premiums and claim settlements. The concept of zero depreciation insurance ensures full invoice value payment...
Motor insurance rule change: No arbitrary claim rejection, quicker claim settlement, pay as you drive option must, says IRDAI
0Motor Insurance New Rules by IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) has updated the master circular clarifying important rules for motor insurance...