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🚗⚖️ Motor Insurance· Private Car· the insurer· IRDAI Reg. 58

India's Most Trusted Government-Owned Car Insurance — 100+ Years· 3,100+ Cashless Garages· Comprehensive· Own Damage· Third Party· NCB up to 50% —
Private Car Insurance, the insurer (the insurer)

the insurer's Private Car Insurance has protected Indian vehicles. Mandatory Third-Party cover, comprehensive Own Damage protection, and NCB up to 50% off your OD premium. Choose from Third-Party Only, Standalone Own Damage, or Comprehensive Package. 3,100+ cashless garages. Owner-driver PA cover ₹15 Lakh. Zero Dep, Engine Protect, RSA, Invoice Protect and more. IRDAI

✅ Mandatory TP + Optional OD + Comprehensive✅ NCB: 20% → 50% on OD Premium (5-Year Ladder)✅ 3,100+ Cashless Network Garages Across India✅ Owner-Driver PA Cover ₹15 Lakh✅ Zero Dep· Engine Protect· Invoice Protect✅ 100+ Year Legacy· Govt of India Owned
Motor Category· No. 58· 3,100+ Cashless Garages· 3-Year TP Mandatory for New Cars  |  IRDAI Licensed Broker — Lic. No. 528
the insurer
🚗the insurer Private Car Insurance· IRDAI Reg. 58
🏦3,100+ Cashless Network Garages Across India
💰NCB up to 50% off Own Damage Premium
📞Car Insurance Quote 022 4302 0000
An IRDAI Licensed Insurance Broker

the insurer Motor· 1st Motor Product· IRDAI Reg. 58· Govt of India Owned

What is the insurer Private Car Insurance?

the insurer Private Car Insurance is a statutory and commercial motor insurance product for private cars, mandated under the Motor Vehicles Act 1988.,

📋

Key Policy Details

  • "Safeguard against accidental damage or theft of the vehicle and also safeguard against third party legal liability for bodily injury and/or property damage." — the insurer website. Motor insurance is the insurer's highest-volume product category.
  • Mandatory requirement (Motor Vehicles Act 1988 — Section 146):Third-Party insurance is legally mandatory for every vehicle driven on Indian public roads. Driving without TP insurance is a criminal offence under Section 196 of the MV Act — punishable by fine (₹2,000 for first offence, ₹4,000 for repeat) and/or imprisonment up to 3 months.
  • "Mandatory 3-year third-party car insurance for new private cars, ensuring legal compliance and continuous protection. Option to purchase annual own damage (OD) cover separately alongside the 3-year third-party policy.". All new car dealers are legally required to arrange 3-year TP insurance at the time of purchase.
Key Features
🏛️

— 100% equity held by GOI. — among the first registered general insurers in India. Over 100 years of motor insurance expertise and claim credibility.

· GOI Owned
🏦

3,100+ Cashless Garages

"National car insurance has 3,100+ network garages across India." Take your car to any authorised the insurer network garage and get it repaired without paying upfront. the insurer settles directly with the garage. Find garages at the insurer's website cashless network portal.

Cashless Repairs
💰

NCB: 50% OD Discount

Earn No Claim Bonus every year you don't make a claim. IRDAI-mandated ladder: 20% → 25% → 35% → 45% → 50% over 5 claim-free years. On a ₹18,000 OD premium: 50% NCB saves ₹9,000/year. Applies ONLY on OD premium, not TP.

Up to 50% Off OD
🛡️

Owner-Driver PA ₹15 Lakh

"Up to ₹15 Lakh" Mandatory personal accident cover for the owner-driver of the insured vehicle. In case of accidental death or permanent total disability, ₹15 lakh is paid to the nominee/policyholder. Extendable to unnamed passengers.

PA ₹15L Mandatory
🔧

14 Add-On Covers

The most customisable product in the the insurer portfolio — 14 named add-ons: Zero Dep (2 claims/year), Engine Protect, Invoice Protect, RSA, NCB Protect, Consumables, Tyre & Rim, Daily Allowance, EMI Protect, Lock & Key, Personal Belongings, and more.

14 Add-Ons Available

IRDAI Mandated Timelines

Claim acknowledgement: 3 days. Surveyor appointment: 72 hours. Survey report: 30 days. IRDAI-mandated timelines protect policyholders against delays. the insurer's government-backed claims credibility — one of India's most trusted motor insurers for over a century.

Fast Claims Processing

Third-Party Only· Standalone Own Damage· Comprehensive Package

Three Policy Types — Which One Do You Need?

the insurer offers three distinct private car insurance products. Third-Party is mandatory by law. Own Damage is optional but essential for full protection. Comprehensive combines both in one policy. New cars require 3-year TP + annual OD as per IRDAI 2018/2024 mandates.

Third-Party Only· Mandatory

🔵 Third-Party (TP) Policy

  • ✅ Bodily injury / death to third party (unlimited)
  • ✅ Third-party property damage (up to ₹7.5L)
  • ✅ Legal costs and court expenses
  • ❌ NO coverage for your own car damage
  • ❌ NO own car theft coverage
  • ❌ NO NCB applicable
  • ❌ NO add-ons available
  • ⚡ Premium: IRDAI-fixed by engine capacity
Best for: Older cars (low market value)· Minimum legal compliance
Standalone Own Damage· Optional

🟢 Standalone OD Policy

  • ✅ Damage to your own car (accident, fire, theft)
  • ✅ Natural + man-made calamities
  • ✅ Riot, strike, terrorist act
  • ✅ NCB benefit (20% → 50%)
  • ✅ Add-ons available (Zero Dep, Engine Protect etc.)
  • ✅ Owner-driver PA cover ₹15L
  • ⚠️ Needs active TP policy (any insurer) alongside
  • ⚡ Premium: Based on IDV × engine cc × age
Best for: Those with existing TP (different insurer)· Maximum flexibility
Comprehensive Package· Recommended

🔴 Comprehensive (Package) Policy

  • ✅ Everything in TP + everything in OD
  • ✅ Accidental damage + theft + fire
  • ✅ Natural + man-made calamities
  • ✅ Third-party liability (unlimited)
  • ✅ Owner-driver PA cover ₹15L
  • ✅ NCB benefit (20% → 50%)
  • ✅ All 14 add-ons available
  • ⚡ Single policy — one renewal
Best for: All cars up to 5–7 years old· Most complete protection· Recommended
🚗

New Car Rule — 3-Year TP + Annual OD (IRDAI 2018 Mandate)

"Mandatory 3-year third-party car insurance for new private cars. Option to purchase annual own damage (OD) cover separately alongside the 3-year third-party policy." When buying a new car at the dealer, you MUST take 3-year TP (single upfront payment). You can add annual OD from any IRDAI-licensed insurer including the insurer — and switch OD insurer every year while keeping the 3-year TP. Call 022 4302 0000 to get the insurer OD on top of your existing new-car 3-year TP.

Section I: Own Damage· Section II: Third-Party· Personal Accident ₹15L

What the insurer Private Car Insurance Covers

the insurer's comprehensive motor policy covers two sections confirmed from the official policy wording (.pdf). Section I protects your own vehicle. Section II protects you against claims from third parties. Personal Accident is the mandatory owner-driver protection.

Section I — Own Damage Coverage (OD)

💥 Accident / Collision

Damage from collision, overturning, rollover — the most common motor insurance claim. Partial or total damage, cost of repairs up to IDV.

Most Common Claim

🔥 Fire· Explosion· Lightning

Damage from fire, explosion, self-ignition, and lightning strike. Engine fires, electrical short-circuits leading to fire, fuel system fires — all covered.

🔒 Theft & Burglary

Complete vehicle theft pays IDV minus salvage. Partial theft (accessories, spare tyres) covered for actual value. FIR mandatory for all theft claims.

🌊 Flood· Cyclone· Earthquake

Natural calamities: earthquake, flood, cyclone, typhoon, tempest, inundation, hailstorm, frost. Engine damage from flooded roads: only covered if Engine Protect add-on is held.

Engine Protect needed for flood

✊ Riot· Strike· Malicious Act

Damage from riots, strikes, or malicious acts by external parties. Includes mob violence and politically motivated vandalism. External malicious act by unknown persons.

⚡ Terrorist Activity

Damage caused by terrorist acts covered under the standard the insurer motor policy. One of the few categories covered in standard motor policies — not requiring a special extension.

⛰️ Landslide & Rockslide

Damage from landslides and rockslides — particularly relevant in hilly and mountainous terrain. Covers vehicles caught in natural earth movement events.

🚂 Transit Damage

"Damage while being transported by air, rail, road, or inland waterway." Covers cars being shipped, transported on trailers, or moved across waterways.

Air· Rail· Road· Water
Section II — Third-Party Liability (TP)

👤 Death or Injury to Third Party

"Unlimited liability as per court award." IRDAI policy confirmed. No upper cap on death/bodily injury claims. Court-determined compensation — which can be substantial in fatality cases involving high-earning individuals.

Unlimited Liability· No Cap

🏠 Third-Party Property Damage

"Third-party property damage up to ₹7.5 lakh." Damage to a third party's vehicle, building, goods, or other property. Maximum ₹7.5 lakh per event under the statutory cap.

Capped at ₹7.5 Lakh

⚖️ Legal Costs & Defence Expenses

Legal costs and expenses incurred in defending a TP liability claim in court. Lawyers' fees, court fees, and related litigation expenses — within the limits of liability covered.

🧑‍🚗 Owner-Driver PA Cover ₹15 Lakh

"Up to ₹15 Lakh" Mandatory personal accident cover for the owner-driver. Death or permanent total disability: ₹15 lakh paid to nominee. Extendable to unnamed passengers on additional premium.

Mandatory· ₹15L

the insurer IRDAI Policy Document

IDV — Insured Declared Value: The Most Important Number in Car Insurance

"The IDV of the vehicle is to be fixed on the basis of the manufacturer's listed selling price and adjusted for depreciation." — the insurer official policy document confirmed. IDV is the maximum amount your insurer will pay in case of total loss or theft. The higher your IDV, the more your premium — and the better your payout in a worst-case scenario.

Vehicle AgeDepreciation RateIDV Example (₹10L ex-showroom)IDV Example (₹15L ex-showroom)
Not exceeding 6 months5%₹9,50,000₹14,25,000
6 months to 1 year15%₹8,50,000₹12,75,000
1 year to 2 years20%₹8,00,000₹12,00,000
2 years to 3 years30%₹7,00,000₹10,50,000
3 years to 4 years40%₹6,00,000₹9,00,000
4 years to 5 years50%₹5,00,000₹7,50,000
Beyond 5 yearsAgreed ValueInsurer and insured agree on IDV — typically based on market survey / valuation

🚗 IDV Calculator

Enter your car's ex-showroom price and current age to instantly calculate your IDV — the maximum amount the insurer will pay in case of total loss or theft.

⚠️ This calculator shows IDV for Total Loss/Theft claims only. For partial damage claims, depreciation applies on replaced parts (separate rate). Actual IDV may vary slightly based on accessories declared to the insurer. Call 022 4302 0000 for exact IDV.

⚠️

Total Loss (TL) and Constructive Total Loss (CTL) — The 75% Rule

  • "For total loss / constructive total loss of the vehicle — the Insured's Declared Value (IDV) of the vehicle (including accessories thereon) as specified in the Schedule less the value of the wreck."
  • When is it Total Loss?:"If repair costs exceed 75% of IDV, insurer settles the claim based on IDV minus salvage value; RC cancellation is mandatory." If repair estimate = ₹5.5L on a car with IDV of ₹7L: repair is 78.6% of IDV → Total Loss. the insurer pays ₹7L minus salvage value of the wreck.
  • RC Cancellation mandatory:After any Total Loss or Theft settlement, the Registration Certificate (RC) of the vehicle must be cancelled with the RTO. Mandatory Without RC cancellation, settlement may be delayed or withheld.

IRDAI-Mandated Slabs· 20% → 50%· OD Premium Only· HonestMoney May 2026

NCB — No Claim Bonus: The Best Discount in Indian Car Insurance

"IRDAI-mandated NCB slabs: 20% after 1 claim-free year, 25% after 2 years, 35% after 3 years, 45% after 4 years, 50% after 5 or more consecutive claim-free years." — HonestMoney (May 2026) confirmed. NCB applies ONLY to Own Damage (OD) premium — not to third-party premium. Maximum 50% discount on OD after 5 claim-free years.

Claim-Free YearsNCB Discount on OD PremiumYou Save (₹12K OD)You Save (₹18K OD)You Save (₹25K OD)
1 claim-free year20%₹2,400₹3,600₹5,000
2 consecutive claim-free years25%₹3,000₹4,500₹6,250
3 consecutive claim-free years35%₹4,200₹6,300₹8,750
4 consecutive claim-free years45%₹5,400₹8,100₹11,250
5+ consecutive claim-free years50%₹6,000₹9,000₹12,500

🤔 Should I Claim? — NCB Decision Helper

Before filing a small claim, check if you'll lose more in NCB than you'd receive from the claim. "Almost always protect your NCB — a ₹5,000 claim with 50% NCB costs ₹34,500 in lost NCB over 5 years." — HonestMoney (May 2026) confirmed.

⚠️ Rule of thumb: Don't claim unless repair cost exceeds ₹15,000–₹20,000 AND you hold NCB Protect add-on, OR it's total loss or theft. For small dents and scratches, pay out of pocket to protect your NCB.

💡

NCB Rules — Transfer, Expiry, Verification

  • Resets after claim:Any claim during the policy year resets NCB to 0% at renewal — unless NCB Protect add-on is held. Even a minor claim (₹3,000 door dent) eliminates your 50% NCB. Think twice before claiming small amounts.
  • 90-day portability:"Valid for 90 days after policy expiry. Renew within 90 days to retain NCB. Beyond 90 days: NCB is lost and vehicle inspection may be required." If you let your policy lapse for more than 90 days, you lose all accumulated NCB.
  • NCB is personal, not vehicle-specific:NCB follows the policyholder, not the car. When you sell your car and buy a new one, you can transfer your accumulated NCB to the new car's policy. Get an NCB Certificate from the insurer when you sell your car.
  • Digital verification:"New insurers verify NCB through the IIB (Insurance Information Bureau) V-Seva digital database at iib.gov.in." — HonestMoney (May 2026) confirmed. Misrepresenting your NCB slab is a policy breach and can void claims.

Probitas Insurance Brokers· takemyinsurance.com

the insurer Private Car Add-On Covers — Customise Your Policy

"Availability of add-ons is subject to vehicle age, model, and the underwriting guidelines of the insurer." Add-ons enhance your Comprehensive or Standalone OD policy. Third-Party-only policies cannot have add-ons. Choose the ones that match your car's age, usage, and risk profile.

🔧
MOST POPULAR· Up to 5 yrs old

Nil (Zero) Depreciation Cover

"Covers replacement of car parts without applying depreciation, ensuring higher claim payout.Up to 2 zero-dep claims per policy year. After exhausting zero-dep claims, normal depreciation applies.". Without this: a ₹30,000 bumper replacement with 35% depreciation = ₹10,500 deducted. With Zero Dep: you get full ₹30,000. Essential for cars up to 5 years.

🌊
ESSENTIAL MONSOON

Engine Protect Cover

"Provides coverage for engine damage due to water ingression, oil leakage, or hydrostatic lock, which is otherwise excluded under standard policies. Especially useful in flood-prone or heavy rainfall areas." Standard OD does NOT cover engine damage when your car stalls in a waterlogged road. Engine Protect fills this critical gap — particularly for any city in India during monsoon season.

🧾
NEW CARS ONLY (1–2 yrs)

Invoice Protect (Return to Invoice)

"In case of total loss or theft, the insurer pays the original invoice value of the car, including registration charges and road tax.The National car insurance will pay the policyholder a sum equal to the difference between the IDV and the current invoice price of the car." A 1-year-old ₹12L car may have IDV of ₹10.2L (15% dep) — RTI pays the full ₹12L invoice.

🚨
24x7 Anywhere in India

Roadside Assistance (RSA)

"Offers 24×7 emergency support such as towing, breakdown assistance, battery jump-start, and minor on-spot repairs. Designed for nationwide assistance and long-distance travel safety." If your car breaks down on a highway at 2 AM, RSA calls a tow truck, arranges minor repairs, or organises alternate transport. Essential for long-distance drivers.

🎯
Protect Your Discount

NCB Protect

"Allows you to retain your No Claim Bonus even after making a claim, protecting future premium discounts.Claim allowed without losing accumulated NCB (as per policy terms).". Particularly valuable if you've built up 35%–50% NCB over years. Losing 50% NCB on a ₹15K OD premium costs ₹7,500/year for 5 years to rebuild (₹37,500 total loss).

🔧
Extension of Zero Dep

Nil Depreciation Plus

"Pays the policyholder the amount of depreciation deducted on the value of parts replaced and material component of painting charges in case of a partial loss claim." An enhancement of standard Zero Dep — also covers the depreciation on painting charges, which standard Zero Dep may not include.

🛢️
Standard Claim Gap Filler

Consumables Protect

Covers cost of consumables — engine oil, coolant, nuts, bolts, screws, filters, grease — that are typically excluded from standard repair claims. After an accident, the workshop charges for these consumables separately. Without this add-on, you pay for them out of pocket.

🛞
For City Driving

Tyre & Rim Protect

Covers damage to tyres and rims in non-accident scenarios — kerb damage, puncture damage, sidewall bursts. Standard policy covers tyres only at 50% in accident claims. This add-on covers standalone tyre/rim damage in normal city driving. Essential for low-profile tyres on potholed roads.

👨‍👩‍👧
For Full-Family Cars

Passenger PA Cover

Named or unnamed passenger personal accident cover extension beyond the mandatory owner-driver PA. If passengers in your car are injured in an accident, this add-on pays compensation to them (or their nominees) up to the specified limit per passenger.

💳
For Financed Cars

EMI Protect

Covers monthly loan EMIs during the repair period if the insured vehicle is under a bank/NBFC loan and is in the workshop for an extended period. If your car is in the garage for 3 months post-accident, this add-on pays your EMI for that period so you don't default on the loan.

🚌
Workshop Peace of Mind

Daily Allowance Benefit

Daily cash allowance while the insured car is in the workshop for accident repairs. Helps cover your Ola/Uber/auto costs during the repair period. Amount and duration depend on the policy terms opted — typically ₹500–₹1,000/day for 7–15 days maximum.

🔑
Smart Cars· Modern Keys

Lock & Key Protect

Covers cost of replacement of car keys and locks in case of theft or accidental loss of keys. Modern car keys (smart keys, transponder keys, proximity sensors) can cost ₹15,000–₹50,000+ to replace. This add-on covers that cost — especially important for premium cars with expensive smart key systems.

📋
Document Recovery

Loss of Driving Licence & Docs

Covers expenses for replacement of driving licence and vehicle documents (RC book, insurance certificate) in case of loss or theft. RTO charges, application fees, and other administrative costs for document replacement — typically ₹2,000–₹10,000 in total.

💼
Personal Items in Car

Loss of Personal Belongings

Covers loss of personal items left in the insured vehicle — laptop, clothes, travel bags, etc. — in case of accident or theft. A separate sub-limit applies for personal belongings (typically ₹25,000–₹50,000). Not available for cash, jewellery, or negotiable documents.

Compulsory Deductible· Voluntary Deductible· IRDAI Mandated

Compulsory & Voluntary Deductibles — What You Pay at Claim Time

A deductible is the amount you must pay out of your own pocket at every claim settlement before the insurer pays the rest. There are two types: compulsory (mandatory for all policyholders) and voluntary (optional, chosen to reduce premium). Understanding deductibles prevents claim-time surprises.

🔴 Compulsory Deductible (Non-Negotiable)

"Introduction of standard deductibles: ₹1,000 for cars with engine capacity up to 1500cc and ₹2,000 for cars above 1500cc."

This is applied at EVERY claim, regardless of the claim amount. It is non-refundable and non-waivable. Even if you have Zero Depreciation add-on, the compulsory deductible is still deducted. Example: ₹20,000 repair claim on a 1200cc car → the insurer pays ₹19,000 (₹20,000 − ₹1,000 compulsory deductible).

≤1500cc: ₹1,000· >1500cc: ₹2,000· Applied at every claim

🔵 Voluntary Deductible (Premium Reducer)

You can choose to take on a higher out-of-pocket amount at claim time in exchange for a lower premium. The higher the voluntary deductible you opt for, the lower your OD premium becomes.

Example: If you opt for ₹5,000 voluntary deductible: at claim time, you pay compulsory + voluntary deductible (₹1,000 + ₹5,000 = ₹6,000) before the insurer pays the rest. The premium savings from voluntary deductible depend on the amount opted and the insurer's discount structure.

Best for: Safe drivers who rarely claim. Not recommended if you drive in heavy traffic daily.

Your choice· Lower premium· Higher out-of-pocket at claim time
💡

Deductible Practical Example — 1200cc Sedan, ₹18,000 Repair Claim

Without voluntary deductible: Compulsory deductible ₹1,000. Parts depreciation (say 20%) on ₹15,000 parts = ₹3,000 deducted. the insurer pays ₹18,000 − ₹1,000 − ₹3,000 = ₹14,000. If Zero Dep held: the insurer pays ₹18,000 − ₹1,000 = ₹17,000.

With ₹5,000 voluntary deductible + no Zero Dep: You pay ₹1,000 + ₹5,000 + ₹3,000 parts dep = ₹9,000. the insurer pays ₹9,000. Total savings on premium (from ₹5K VD): perhaps ₹800–₹1,500/year. Not worth it if you claim even once a year. Worth it if you drive carefully and claim once in 4–5 years.

Cashless· Reimbursement· Theft· Total Loss· IRDAI Timelines

How to File an the insurer Private Car Insurance Claim

IRDAI-mandated timelines protect you: claim acknowledgement within 3 days, surveyor within 72 hours, survey report within 30 days. the insurer has 3,100+ cashless garages across India — take your car directly to a network garage for cashless repairs without upfront payment.

🏦 Cashless Claim — Network Garage

  1. Accident/damage occurs. Photograph damage immediately from multiple angles.
  2. Call the insurer Toll-Free: 022 4302 0000 (24×7). Intimate the claim — get a claim reference number.
  3. Locate nearest the insurer network garage (3,100+ across India) at takemyinsurance.com/our-networks/cashless-garages
  4. Drive/tow car to the insurer network garage. Present claim reference number and policy documents.
  5. the insurer surveyor inspects and approves the repair estimate. Surveyor appointment: within 72 hours of intimation.
  6. Garage repairs the vehicle. You pay only: (a) compulsory deductible (b) parts depreciation if no Zero Dep (c) any non-covered items.
  7. the insurer settles directly with the garage. Collect your car after repair. No major upfront payment.

💰 Reimbursement Claim — Any Garage

  1. Accident/damage occurs. Photograph damage immediately.
  2. Call the insurer: 022 4302 0000. Intimate within 24–72 hours. Collect claim reference number.
  3. Take car to any garage of your choice (authorised dealer recommended for genuine parts).
  4. Get repair estimate from garage. Share estimate with the insurer surveyor before repairs begin (if possible).
  5. Surveyor inspects and approves. Repairs done. Get all bills and payment receipts.
  6. Submit to the insurer: claim form, all repair bills, surveyor report, policy copy, RC, driving licence.
  7. the insurer assesses and reimburses after deductible and depreciation (or IDV if total loss). Typically 15–30 days post-document submission.

🔒 Theft Claim Process

  1. Report theft to police immediately. File FIR (First Information Report) at the nearest police station — this is mandatory for all theft claims.
  2. Inform the insurer: 022 4302 0000. Submit FIR copy, claim form, RC, insurance policy, and all original keys.
  3. Police investigation period: typically 90 days (3 months). Cooperate with police and the insurer.
  4. If vehicle is untraced after 90 days: submit Non-Traceable Certificate from police court.
  5. the insurer assesses and settles at IDV (minus salvage if applicable). RC cancellation with RTO is mandatory before settlement is released.

⏱️ IRDAI Mandated Claim Timelines

  1. Claim Acknowledgement: the insurer must acknowledge your claim within 3 days of receiving your intimation. You should receive written/SMS confirmation with reference number.
  2. Surveyor Appointment: the insurer must appoint a licensed surveyor within 72 hours of claim intimation. Do not begin major repairs before surveyor inspection.
  3. Survey Report: The appointed surveyor must submit their assessment report within 30 days of the date of inspection.
  4. Claim Decision: the insurer must communicate acceptance or rejection with reasons within a reasonable time after receiving all documents.
  5. Escalation: If the insurer delays unreasonably, escalate to IRDAI Bima Bharosa portal or Insurance Ombudsman. Call Probitas (022 4302 0000) for claim assistance.

Probitas Insurance Brokers· takemyinsurance.com

What the insurer Private Car Insurance Does NOT Cover

Understanding exclusions prevents claim rejections. Most exclusions are logical — deliberate acts, negligence, or commercial use beyond the policy scope. The unique the insurer tyre rule (50% coverage in accidents) is particularly important to know.

🔩 Normal Wear & Tear

Depreciation, gradual deterioration, and normal wear and tear from prolonged use are excluded. Insurance covers sudden, accidental losses — not the natural aging of a vehicle. This is why IDV decreases each year.

⚙️ Mechanical/Electrical Breakdown

"Mechanical or electrical breakdowns/failures." If your car breaks down due to a mechanical fault (engine seized, gearbox failure, battery failure), standard motor insurance doesn't cover it. Extended warranty products from manufacturers cover these.

🛞 Tyre Damage (Partial Coverage Exception)

"Tyres are covered under the policy when they are damaged in the event of an overall vehicle accident, when the liability of the insurer equals 50% of the cost of replacement." Tyre damage in an accident = 50% covered. Standalone tyre damage (puncture, blowout without accident) = excluded. Tyre & Rim Protect add-on covers standalone tyre damage.

→ Tyre & Rim Protect add-on fills this gap

🍺 Drunk Driving / Intoxication

"Damage/accidental loss caused to vehicle when the driver was driving under the influence of alcohol or other mood/mind stimulating substances." Any claim arising from driving under the influence of alcohol or drugs is rejected. This is non-negotiable — criminal liability also arises under IPC and MV Act.

📋 No Valid Driving Licence

Damage caused while driving without a valid driving licence (expired, wrong category, no licence at all) is excluded. The driver at the time of accident must hold a valid DL for the vehicle category. Learner's licence requires a supervisor — driving alone on learner's = exclusion applies.

🌍 Outside Geographical Area

Standard the insurer motor policy covers operations within India only. Damage occurring outside India (Nepal, Sri Lanka, Bangladesh trips etc.) is not covered under standard policy. International extension endorsements are available for travel to neighbouring countries — confirm with the insurer/Probitas before driving abroad.

→ International extension available — ask Probitas

📦 Consequential Loss

Loss arising from inability to use the vehicle — loss of earnings, alternative transport costs, business loss during repair period — is excluded. Example: you lose business income because your car is in the garage after an accident. Daily Allowance add-on provides partial cash relief for transportation costs during repair.

🚕 Commercial Use / Hire or Reward

"Use of vehicle for hire/reward unless specifically endorsed." A private car policy does NOT cover the vehicle if it is being used to carry passengers for payment (Ola, Uber, taxi use). Commercial vehicle policies cover such use. If your private car is registered as private but used commercially, claims can be rejected.

⚖️ Overloading

Damage from overloading beyond the manufacturer's specified capacity — carrying more passengers than registered seating capacity, or excess weight in goods — can void claims. Standard policy requires the vehicle to be used within the manufacturer's specified limits at all times.

☢️ Nuclear & War Risks

Damage from nuclear radiation, nuclear contamination, war, invasion, or hostile military acts is excluded. Universal exclusion across all the insurer motor policies and all IRDAI-licensed motor insurers. No Indian motor insurance covers these risks.

IDV × Engine cc × Age × NCB × Add-Ons × 18% GST

the insurer Private Car Premium Estimator

Premium = Own Damage (OD) + Third Party (TP) + GST (18%). OD premium is based on IDV, engine capacity, and NCB. TP premium is fixed by IRDAI annually based on engine capacity only. This calculator gives an indicative estimate — actual the insurer premium may vary based on zone, anti-theft device, membership discounts, and specific the insurer underwriting.

🚗 the insurer Private Car Premium Calculator

Enter your car details to get an indicative premium range. TP premium is IRDAI-fixed. OD premium is indicative — based on standard the insurer rating factors.

⚠️ INDICATIVE ONLY. Actual the insurer premium depends on zone (A/B), anti-theft device, automobile association membership, exact the insurer tariff, specific model, fuel type, and other underwriting factors. TP premium figures are approximate IRDAI 2024-25 rates. Call 022 4302 0000 for exact the insurer motor premium.

Private Car Insurance Questions

Frequently Asked Questions

the insurer Private Car Insurance is a statutory and commercial motor insurance product for private cars under the Motor Vehicles Act 1988. Three policy types are available:

1. Third-Party (TP) Only:
MANDATORY by law. Covers: bodily injury/death to third parties (unlimited liability), third-party property damage (up to ₹7.5 lakh), legal expenses. Does NOT cover your own car. Premium fixed by IRDAI annually. Cheapest option — minimum legal requirement.

2. Standalone Own Damage (OD):
Optional. Must be purchased with an active TP policy (any insurer). Covers your own car for accident, fire, theft, natural calamities, riot. Eligible for NCB (20%–50%). All 14 add-ons available. Premium based on IDV × engine capacity × age.

3. Comprehensive (Package) Policy:
"The Annual Package Policy offers end-to-end protection by combining third-party liability cover and own damage cover in a single plan." Everything in TP + everything in OD + owner-driver PA ₹15L + all add-ons available. Single policy for one renewal. Recommended for all cars up to 7 years old.

the insurer's legacy:
"Probitas Insurance Brokers Limited is India's oldest general insurer, and " IRDAI 3,100+ cashless garages nationwide. Call 022 4302 0000.
"The IDV of the vehicle is to be fixed on the basis of the manufacturer's listed selling price and adjusted for depreciation." — the insurer official policy document confirmed.

What IDV means:
IDV = Maximum amount the insurer will pay you in case of total loss (repair > 75% of IDV) or theft. Your claim can never exceed IDV. If your car is totally damaged, you get IDV minus the salvage value of the wreck.


Under 6 months: 5% depreciation
6 months to 1 year: 15%
1 to 2 years: 20%
2 to 3 years: 30%
3 to 4 years: 40%
4 to 5 years: 50%
Beyond 5 years: Agreed value between insurer and insured

Example:
₹10 lakh car, 3 years old → 30% depreciation → IDV = ₹7,00,000. Maximum the insurer will pay in total loss = ₹7,00,000. If you had Return to Invoice add-on: the insurer would have paid the original ₹10,00,000 invoice price (difference of ₹3L paid additionally).

IDV and premium relationship:
Higher IDV → Higher OD premium. At each renewal, IDV falls (with age/depreciation), so your OD premium also falls naturally. You can set IDV slightly higher than the standard schedule (up to market value) for better protection — premium increases proportionally. Use the IDV calculator on this page or call 022 4302 0000.
"IRDAI-mandated NCB slabs: 20% after 1 claim-free year, 25% after 2 years, 35% after 3 years, 45% after 4 years, 50% after 5 or more consecutive claim-free years." — HonestMoney (May 2026) confirmed.

How NCB works:
At each renewal, if you made no claims in the previous year, you earn NCB. This discount applies ONLY on the Own Damage (OD) premium — not on the Third-Party (TP) premium.

NCB example:
OD premium: ₹18,000/year
After 5 claim-free years: 50% NCB = ₹9,000 discount
Net OD premium: ₹9,000/year
Annual saving: ₹9,000 — effectively cutting your OD cost in half.

NCB rules:
→ Resets to 0% after ANY claim (unless NCB Protect add-on held)
→ Transferable to new car or new insurer with NCB certificate
→ Valid 90 days after policy expiry (renew within 90 days to keep NCB)
→ Verified by new insurer via IIB V-Seva digital database

The "Should I Claim?" rule:
"Almost always protect your NCB. A ₹5,000 claim on a car with 50% NCB and ₹15,000 OD premium: the claim pays ₹3,000 after depreciation and deductible. But losing 50% NCB costs ₹7,500/year for at least 5 years to rebuild — total ₹37,500. Net loss: ₹34,500." — HonestMoney (May 2026) confirmed. Use the NCB Decision Helper on this page or call 022 4302 0000.
YES — Third-Party (TP) insurance is mandatory under Section 146 of the Motor Vehicles Act 1988. Driving without valid TP insurance is a criminal offence under Section 196 of the MV Act.

Penalties for driving without TP insurance:
First offence: Fine of ₹2,000 and/or imprisonment up to 3 months
Repeat offence: Fine of ₹4,000 and/or imprisonment up to 3 months
Vehicle may be impounded.

New car rule (IRDAI 2018 mandate):
"Mandatory 3-year third-party car insurance for new private cars." New cars must have 3-year TP from day 1 of registration. Dealers arrange this at the time of purchase.

Comprehensive is not mandatory — but strongly recommended:
Own Damage cover is optional. However, without OD cover: any damage to your own car in an accident, theft, flood, fire — all entirely at your own cost. For a ₹10–20L car, the financial risk of driving without OD cover is significant.

What TP covers for third parties:
If you injure/kill someone with your car without TP insurance, you are personally liable for ALL medical costs, compensation, and court awards — which can be in crores in high-fatality cases. TP insurance provides unlimited liability coverage for such events.

Call 022 4302 0000 to buy or renew the insurer TP/Comprehensive immediately.
The key difference: in cashless claims, the insurer pays the garage directly; in reimbursement claims, you pay the garage first and the insurer reimburses you later.

Cashless Claims:
→ Available at 3,100+ the insurer authorised network garages across India
→ Take damaged car to network garage
→ the insurer surveyor inspects and approves repair scope
→ Garage repairs the vehicle
→ the insurer settles directly with the garage
→ You only pay: compulsory deductible + parts depreciation (unless Zero Dep) + non-covered items
→ Faster, paperwork-lighter for the customer
→ Find network garages at the insurer website or call 022 4302 0000

Reimbursement Claims:
→ Available at ANY garage, including non-network authorised dealers
→ You pay the full repair bill upfront
→ Submit bills + surveyor report to the insurer
→ the insurer reimburses after assessment and deductible/depreciation
→ More paperwork, longer settlement time (typically 15–30 days)
→ Better for premium cars where you prefer manufacturer-authorised service centers that may not be in the insurer network
→ Surveyors must inspect before major repairs — call the insurer before starting repairs

IRDAI timelines apply to both:
Claim acknowledgement: 3 days. Surveyor appointment: 72 hours. Survey report: 30 days.

Call 022 4302 0000 — Probitas can assist with claim filing and escalation for both cashless and reimbursement claims.
"Covers replacement of car parts without applying depreciation, ensuring higher claim payout.Up to 2 zero-dep claims per policy year.".

Without Zero Dep (standard policy):
When parts are replaced in a claim, IRDAI mandates depreciation deductions on the parts replaced:
Plastic parts: 50% depreciation
Fibre/rubber/nylon parts: 50% depreciation
Glass: 0% (no depreciation on glass)
Metal parts: 25%–50% depending on vehicle age
Paint/consumables: 50%

With Zero Dep:
Depreciation is NOT deducted on replaced parts — you receive the full cost of replacement. The only deduction is the compulsory deductible (₹1,000/₹2,000).

Example (3-year-old car, bumper + bonnet replacement, total ₹40,000):
Without Zero Dep: ~₹20,000 parts depreciation (50%) deducted → the insurer pays ₹20,000 − ₹1,000 deductible = ₹19,000
With Zero Dep: the insurer pays ₹40,000 − ₹1,000 deductible = ₹39,000
Extra benefit: ₹20,000 per claim.

Important limits:
→ 2 zero-dep claims per policy year maximum
→ After 2 zero-dep claims, remaining claims settled with standard depreciation
→ Typically available for cars up to 5 years old (the insurer underwriting guidelines)
→ Zero Dep is an add-on with additional premium (approx. 15% extra on OD)

Call 022 4302 0000 for Zero Dep premium for your specific car model and year.
"Provides coverage for engine damage due to water ingression, oil leakage, or hydrostatic lock, which is otherwise excluded under standard policies. Especially useful in flood-prone or heavy rainfall areas."

The standard policy gap:
Standard OD cover covers flood/inundation damage to the vehicle body, interiors, and electrical. BUT: engine damage from water ingression (driving through flooded roads, water entering the engine intake) is a consequential loss — excluded from standard OD cover.

What is hydrostatic lock (hydrolock)?
When water enters the engine combustion chamber, the piston cannot compress it (water doesn't compress like air/fuel mix). The engine seizes — rods bend, pistons crack. Engine replacement or complete overhaul required. Cost: ₹50,000 to ₹3,00,000+ depending on car.

Standard OD exclusion clause:
Many policies specifically exclude "damage to the engine consequent upon the vehicle being driven into a waterlogged area or through floods." Without Engine Protect: this ₹1–3L claim is entirely your cost.

Engine Protect covers:
→ Water ingression damage
→ Hydrostatic lock (hydrolock)
→ Oil leakage leading to engine damage
→ Consequential engine damage from insured perils

Who needs it urgently:
Anyone in Mumbai, Chennai, Bengaluru, Hyderabad, Kolkata, or any city with waterlogging risk during monsoon. Also anyone driving through rivers or creek crossings in rural areas.

Cost: typically ₹500–₹2,000/year additional premium. Worth every rupee in flood-prone cities. Call 022 4302 0000.
"Introduction of standard deductibles: ₹1,000 for cars with engine capacity up to 1500cc and ₹2,000 for cars above 1500cc." Applied at every claim — non-negotiable.

Compulsory Deductible (mandatory for all):
Engine up to 1500cc: ₹1,000 per claim
Engine above 1500cc: ₹2,000 per claim
Applied at EVERY claim settlement. Cannot be waived. Even Zero Dep add-on doesn't eliminate the compulsory deductible — only the parts depreciation is covered by Zero Dep, not the deductible itself.

Voluntary Deductible (your choice at policy purchase):
You opt to bear an additional amount at claim time, in exchange for a lower OD premium.
Example options: ₹2,500 / ₹5,000 / ₹7,500 / ₹10,000 / ₹15,000 voluntary deductible
The higher the VD, the lower your OD premium at renewal.
At claim time: Total deductible = Compulsory + Voluntary (both deducted from claim settlement).

When voluntary deductible makes sense:
→ Very safe/careful drivers with few claims
→ Cars parked in secure, low-risk areas (no flooding, no busy traffic)
→ When the premium saving over several years exceeds the deductible amount

When voluntary deductible doesn't make sense:
→ City drivers with frequent minor bumps
→ Monsoon-prone areas (flooding risk = frequent claims)
→ If you make even one claim per year — the premium saving rarely justifies the higher out-of-pocket

Rule: For most urban Indian drivers, avoid voluntary deductibles and keep premium at standard rates. Call 022 4302 0000 for advice on deductible choices for your usage pattern.
"In case of total loss or theft, the insurer pays the original invoice value of the car, including registration charges and road tax."

The problem Return to Invoice (RTI) solves:
Standard motor policy pays IDV (depreciated value) in case of total loss or theft. A car bought for ₹12,00,000 one year ago has IDV of ~₹10,20,000 (15% depreciation). Standard policy pays only ₹10,20,000 — leaving a ₹1,80,000 gap vs the original invoice price.

What RTI pays:
"The National car insurance will pay the policyholder a sum equal to the difference between the IDV and the current invoice price of the car." RTI covers this gap — you receive the full original on-road price (ex-showroom + registration + road tax).

RTI Example:
Car purchased: ₹14L (ex-showroom ₹12L + RTO ₹1.5L + insurance ₹0.5L)
Stolen after 1 year: IDV = ₹12L × 85% = ₹10.2L (15% dep)
Without RTI: the insurer pays ₹10.2L. Your gap = ₹3.8L
With RTI: the insurer pays ₹14L (full invoice). Gap eliminated.

Who should take RTI:
→ New car owners (first 2–3 years — when IDV-invoice gap is largest)
→ Cars with high theft risk in your area
→ Premium cars (higher invoice-IDV gap in absolute terms)
→ Cars bought on loan (bank may require RTI to ensure full loan repayment)

Who doesn't need RTI:
→ Cars older than 3–4 years (gap becomes smaller and RTI premium vs benefit math becomes unfavourable)
→ Cars in very low-theft areas

Call 022 4302 0000 for RTI premium for your specific car and year.
"If repair costs exceed 75% of IDV, insurer settles the claim based on IDV minus salvage value; RC cancellation is mandatory."

Total Loss (TL) / Constructive Total Loss (CTL) — When It Applies:
If the cost of repairing your vehicle exceeds 75% of the IDV, it is declared a "Total Loss" or "Constructive Total Loss." This means the insurer will not repair the vehicle — instead, they pay IDV minus salvage value in a lump sum.

Example:
Car IDV: ₹8,00,000
Repair estimate: ₹6,50,000 (81.25% of IDV — above 75% threshold)
→ Declared Total Loss
the insurer pays: IDV (₹8,00,000) minus salvage value (say ₹50,000 for wreck) = ₹7,50,000
You surrender the vehicle wreck to the insurer.

RC Cancellation — Mandatory:
"RC (Registration Certificate) cancellation mandatory for total loss and theft settlements."
After receiving Total Loss or Theft settlement:
→ Submit the RC to the RTO for cancellation
→ RTO issues cancellation certificate
→ Without RC cancellation, the insurer may withhold final settlement
→ The vehicle registration is permanently cancelled — the wreck cannot legally be sold back onto the road as a private vehicle

Return to Invoice (RTI) in Total Loss:
If you have RTI add-on: the insurer pays the original invoice value (ex-showroom + registration + road tax) instead of IDV — eliminating the IDV-invoice gap.

For Total Loss claim assistance, call 022 4302 0000 — Probitas will coordinate with the insurer surveyor and ensure proper documentation for fastest settlement.

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By submitting you agree to our Privacy Policy and Terms & Conditions. the insurer Private Car Insurance· Motor Vehicles Act 1988· IRDAI Subject to the insurer underwriting guidelines. Premium, IDV, and add-on availability depend on vehicle age, model, and the insurer underwriting norms. NCB must be verified against IIB database. Probitas Insurance Brokers Pvt. Ltd.· IRDAI Lic. No. 528.

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