Tag: India

Driving a swanky car on the roads is certainly a pleasure. However, you should also be prepared to face the risks that can arise on the roads. The only way to do this is with car insurance. The law deems it mandatory to have it before taking the car out. It offers compensation for so many different types of risks that you are likely to face while driving.

How to Select the Best Car Insurance Policy?

The tough roads that we are experiencing today can put you into trouble in no time at all. A sudden repair expense can take away the money that you might have wanted to spend on something else. Car insurance helps avoid such problems by offering compensation. There are many plans available, from which you can select an optimal one. How do you find a plan that is right for you? The best car insurance in India offers different types of protection. It compensates you in the following ways:

It pays for repair costs in the event of an accident, man-made or natural disasters
In case of third party liability it pays for the losses
In case of personal accident which has resulted in permanent disability or loss of life to the driver it compensates for the loss

These are the basic benefits that you can get from the policy and there are so many additional benefits that it offers. These additional benefits will increase your premium cost, but they offer compensation for so many issues. For example, you can avail additional deprecation cover, cover for lost key, or emergency fuel or towing expenses, invoice price cover and much more.

Car insurance is your only aid in traffic congested roads. The money that it provides helps you to meet so many unnecessary expenses that you are likely to incur when an incident happens on the road suddenly. You dont have to meet the expenses by yourself, but can look into the policy for compensation. With rising repair costs, it is not possible to bear unexpected expenses by yourself. In the event of any problem on the roads, the policy will help to cope with them.

Buy Car Insurance Online To Get Coverage Instantly

Applying for car insurance is easy. Just visit the insurance companys website and fill the online application form. Buy the policy instantly and you will receive the documents through post or email. You will find the online application process to be very easy, enabling you to get coverage in just minutes. If you want to learn about additional benefits, check out the information given in the website. You can also complete premium payments and do renewal online. If you have made no claim against the policy in the previous year, the no claim bonus can be used to reduce policy costs.

On most of the road sides there is no pavement have been constructed, the reason may be whatever but due to this we all are facing car parking problems. In these road sides where there is no footpath the contractors and builders are dumping their unused building materials such as concrete, sand, and they park their road constructing vehicles in improper way.

On several places, where contractors are not filling their raw materials, local people are using that space for their varied purposes such as installing small shops and using the space as their extra territory. So due to all these improper management of roads its become very difficult to park the car on the road side. Traffic is growing with a quite rapid pace in India, so in near future road sides would be the only option left for us to park cars safely in India.

However, to park car on road side is our legal right as we all pays the road tax but still its our country so we must do something good to protect its honor and pride.

Commonwealth is around the corner and India has a good reputation in the commonwealth countries. So we are not only degrading our reputation due to our car parking problems. Besides the pavement problems, we are facing another major problem that is the pits and holes on the roadways. Every year thousands of people are buying new cars and due to the worst condition of Indian roads, expenditure on car maintenance has increased.

This is one reason why the sale of second hand car has been increased in the few states. Used cars in Chennai and used cars in Bangalore are on high demand nowadays, because people prefer to drive second hand cars instead of new cars because of the traffic and car parking problem. If you have a new car then you have to drive it carefully because it wont take much time to change your new car into the used car. Wherever you go and how carefully you drive but minor mishaps and normal dents are a common thing in India.

The Indian automobile market is crowded with car makers from all over the world including the indigenous car makers of the country and very naturally a wide variety of models are available belonging to different price categories are flooding the market. But what is the most extraordinary things about car prices in India is that the price of the same model made by the same company varies from cities to cities and there is of course some definite reason behind it.
Road tax
The cost of a car in India depends upon a number of factors like the actual car cost or the ex-showroom price, car insurance value and road tax. In India it is the state governments who are responsible for imposing road tax and depending upon the government rules and traffic regulations the rate of road tax can considerably vary from one state to another. That is the reason why cars come at a much cheaper price in cities and states like Delhi, Chandigarh and Haryana while in some other states like Karnataka and Maharashtra the road tax is considerably higher and the vehicles also do come at a much higher price.
Insurance rates
In India, though the same insurance policy is followed throughout the country the rate of insurance varies just as widely as the road tax from one region to another. This difference in rate of insurance influences the overall price of the car to a considerable extent and the price of the car can vary up to fifteen percent of the price in some other states in the country. The reason behind this different insurance rate in different parts of the land is due to the fact that in different areas the local conditions and traffic patterns are as diverse as the country itself is. The insurance rate also depends upon a few other factors like the local cost of the spare parts, type of traffic law enforcement and the cost of medical services too.
The insurance rate is also higher for densely populated urban areas and metropolitan cities as they are already congested with traffic and a new car naturally runs a higher risk of damages and accidents. The insurance rate of any new car is calculated based upon all these factors and that naturally results in the difference in car prices depending upon the model.
Excise duty
These are the reasons why car prices tend to vary from place to place throughout this vast country. This is true only for cars made in India and if somebody chooses to own a imported vehicle then there is some extra excise duty that he has to pay to the government and the amount of this duty depends on the actual price tag of the car. Though the road tax is levied by the respective state governments the excise duty for imported cars is levied by the central government which makes a major difference between the actual car price that is the ex-showroom price and the road price that the customer has to pay to have a vehicle for his own.
All these factors contribute to different car prices in India.