Every car or two-wheeler insurance comes with a certain validity period, and it is essential to know about it to renew it on time. Knowing the status of your vehicle insurance policy is as essential as purchasing a new plan for your vehicle. This is vital because if you miss your insurance renewal date, it will lose its benefits and reject claims. Moreover, driving without a valid insurance plan can also lead to serious legal implications.
You have the option to choose the tenor of your policy as per your requirement and convenience. However, you need to purchase a minimum of three years of third-party insurance when buying a car, and five years if you buy a two-wheeler. With the ease of digitalisation, you can quickly check your vehicle insurance status online and stay updated on the renewal date. Ensure you renew your car insurance or two-wheeler insurance on time to benefit from the facilities like no claim bonus and others.
You can visit your policy provider's official website or mobile application to check the policy status online. All you need to do here is to provide your vehicle insurance policy details and contact information.
Apart from that, you can check your motor insurance policy details through the government websites like Parivahan Seva and the local RTO.
One of the easiest ways of checking vehicle insurance status online is through the Parivahan Sewa website. Here are the steps:Step 1: Visit the official website of Parivahan Sewa
As per Motor Laws in the country, every vehicle is registered by Regional Transport Office (RTO). You can check your vehicle insurance status on RTO website.
Here are the steps to check vehicle insurance status online:
Sure you set a reminder 30 days before the expiry date to renew your motor insurance policy on time. Your insurance provider will also send you reminders 30 days before the last policy date. Nonetheless, every insurance company gives you a grace period for renewing the policy if you forget to renew on time. So, you don’t need to panic. With online facility, purchasing and renewing a car or two-wheeler insurance policy is just a matter of clicks.
With each passing year, where other insurance premiums tend to rise, car and bike insurance have a beneficial NCB, bringing down premium amounts.
No Claim Bonus is simply a perk given to policyholders for not making a claim in previous years. NCB in motor insurance can fetch up to a 20-50% discount on the payable premium amount by maintaining a claim-free record. NCB is not related to the make or age of the vehicle but solely on the claim record of the policyholder.
While purchasing a comprehensive motor insurance policy, you are generally not eligible for NCB unless in the case of NCB transfer. The policyholder will be eligible for NCB on the first renewal of the motor insurance policy, starting from 20%. This is applicable only if no claims have been made in the preceding years. The discount increases with every claim-free year up to a maximum of 50% at the end of five claim-free years.
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