What is Short Term Car Insurance Coverage

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What Is Short Term Car Insurance Coverage

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About Us Compare Policy is an IRDAI licensed Insurance Web Aggregator, providing insurance buyers an online platform to compare and choose the best-suited plan. We offer our customers with the opportunity to compare premium rates for all leading Insurance players, compare their prices, key features and make an informed buying decision. Our technology enriched, smooth comparison engine provides unbiased information which is user-friendly. We, at Compare Policy, are committed in providing the best insurance solutions to our customers with the help of our team of experts. Our highly experienced expert team assists the customers with the best insurance deals, which is hassle free and best fit, in the quickest possible time. We are partnered with all Top Insurance players in the market. Established in the year 2015, Compare Policy has managed to reach out to a considerable number of customers across the country within a short span of time through our dedicated and convenient services.

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Introduction  New concept for India.  Popular in US and UK.  Duration of the policy : 1 to 28 days.  Features similar to general car insurance.  Necessary to get permission from car owner for getting temporary car insurance.

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When To Buy Temporary Car Insurance Instances and situations for Temporary Car Insurance : 1. Individuals using luxury or vintage car as second car. 2. Individuals learning driving. 3. Young drivers using friends’ or relatives’ car. 4. A new car buyer confused about policy to purchase. 5. Individuals planning to buy new policy from another insurer on policy expiration.

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Benefits And Features Legal liability for thirdparty damage, including bodily injury or death of another individual

Legal liability for damage to another individual’s property

Immediate cover with 24Ă—7 support

Cover for dents, scratches, alloy wheels and misfuelling Car damage due to theft, vandalism, fire or natural calamity

Personal accident cover Approved repair service

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Cheaper version of car insurance


Types Of Temporary Car Insurnce

Non Owner’s Insurance

 Policy for non car owners.  Policy used on borrowing car.

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Non Owner’s Insurance  Policy for non car owners.  Includes personal accident insurance, liability, loss-damage waiver.

Non Owner’s Insurance  Covers difference between vehicle’s depreciated value & individual owes on auto loan when repairing cost more than the worth of car.


Temporary Car Insurance In India

  No No insurance insurance company company offering offering temporary temporary car car insurance. insurance.   If If any any company company start start this this insurance insurance ,, it it will will gain gain huge huge profits profits due due to to monopoly monopoly in in this this domain. domain.

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