What does a Private Car Package Policy cover?

A private car package policy covers:

  • Own damage: Repairs/replacement for accidents, fire, theft, disasters.
  • Third-party liability: Legal liabilities for bodily injury/ death of any person, or third-party property damage caused by your vehicle.
  • Personal Accident Cover for Owner-Driver: Pay compensation up to Rs. 15 lakhs for bodily injury/ death sustained by the owner-driver of the vehicle due to an accident. This cover is mandatory for a period of one year.
  • Add-ons: Options like Zero Depreciation, Engine Protect Plus, Road Side Assistance, etc.

How long does it take to get the policy after an online inspection request?

With self-uploaded inspection videos, policies are usually issued within hours. Regular inspections may take a few days to a week.
It covers for cost and expenses of personal injury to a paid driver while driving the insured car.

What is an ARAI-approved anti-theft device, and what are its benefits?

It’s a security device certified by the Automotive Research Association of India. Installing one can help you deter theft and can reduce your insurance premium by 2.5% (a discount on the OD component of premium, subject to maximum of Rs. 500).

What should I do with my Car Insurance if I sell my car?

You need to transfer the policy to the buyer by informing your insurer and paying a small transfer fee that applies.

How can I transfer Car Insurance to a buyer?

You need to inform the insurer, update RC with the buyer’s name, submit signed RTO forms 28, 29 & 30 plus documents, pay the transfer fee, and complete within 14 days. An inspection may be needed.

Is my No Claim Bonus (NCB) transferable?

Yes, NCB can be transferred to a new car or other insurer, as it belongs to the policyholder and not the vehicle provided the new car is in the same class as the old one.

How do I transfer my old car’s NCB to a new policy?

You must get an NCB reserving letter from your insurer by submitting a request, the sale agreement, the delivery note, and a copy of the old policy. Once approved, you can use the NCB on your new policy.

Can I transfer my insurance policy to a new vehicle?

Yes, inform your insurer, provide the new vehicle’s registration details, required documents and pay the applicable transfer fee.

What happens if I don’t renew my policy on time?

If you don’t renew your policy on time, it will lapse and you will be financially exposed in case of an accident, car theft, or damage due to natural or manmade calamities. If you decide to renew later, you may lose your NCB, leading to higher premiums.

Why should you buy Car Insurance online?

  • No Paperwork: No need to fill out or submit any physical documents.
  • Instant Quotes: You can know your premium outlay by just entering your car registration number and contact details.
  • Quick Policy Issuance: Pick a plan, share your details, and make the payment online. That’s it!
  • Easy Customisation: Expand your insurance coverage by adding the relevant add-ons in just a few clicks.

How to check your car insurance policy details?

Log in to the IL Take Care app or ICICI Lombard website to view:

  • Policy number
  • Start & end date
  • Policy type (Comprehensive/OD only/TP only)
  • Engine & chassis number

You can also find these in your policy documents emailed at the time of purchase.

How to download your car insurance policy?

Check your email inbox for the policy document sent after purchase. Or, you can also log in to the IL Take Care app or ICICI Lombard website to download a copy anytime.