'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'
Even if you have a comprehensive motor insurance policy, it may not provide sufficient protection against monsoon-related risks.
It is essential to have a comprehensive motor policy, and not just a third-party cover, as the latter does not protect your own vehicle.
Do not get repair work started without informing the insurer as the latter like to carry out end-to-end verification of damages and documents before approving a claim.
'Exit the car and call for your vehicle to be towed.'
Owners of high-end vehicles should explore more options such as engine protection, invoice cover and plans that cover accessories, says Animesh Das.
The first and most important check you must run is to see if you have adequate life cover.
A combination of add-on insurance covers can be helpful in managing finances and making life much easier, says Dhirendra Mahyavanshi
You must initiate the claim process within 7 days of the damage. The more time you take to get the vehicle to a service centre, higher the chances of your claim getting rejected.
The devastation caused by the current deluge has damaged hundreds and thousands of homes and vehicles.
Two types of deductibles are associated with auto insurance -- compulsory and voluntary.
The iconic British bike maker, Triumph Motorcycle, has unveiled two new variants of its adventure machine, Tiger 800, at the 2015 India Bike Week. The company has introduced Tiger 800 XRx and XCx for the Indian market, which will be available in India soon. A look at their features
Triumph Tiger 800 XCx is fantastic in the city, supremely comfortable on the highway and surprisingly easy to ride fast in the dirt, says Benjamin Gracias.