ICICI Lombard Car Insurance Buy/Renew: Car insurance is necessary for vehicle holders while purchasing it from the retailer as it is important to apply for insurance according to the rules. Apart from the government rule of insurance, it is also important for car owners as it will reduce the loss of the car owners from any accident related to the car.
ICICI Lombard car insurance is one of the famous insurance provider companies in India which provides multiple insurance including comprehensive and other add-on insurance for cars. ICICI car insurance premium starts from Rs 2,000 and you can opt according to your ICICI Lombard Car Insurance eligibility and other conditions. So if you have a four-wheeler and want to Apply for ICICI Lombard Car Insurance, then you can check this article where we are providing you with special features of ICICI Lombard car insurance 2024 including the ICICI Lombard Car Insurance eligibility criteria, insurance amount, no claim bonus, etc.
ICICI Lombard Car Insurance 2024: Highlights
|Claim Settlement Ratio
|24*7 Claim Support
|Personal Accident Cover
|Up to Rs. 15 lakhs
|Car Insurance Premium
|Starts at Rs. 2094
ICICI Lombard Car Insurance Buy/Renew
The company provides third-party car insurance as well as comprehensive car insurance according to customer needs, where the company is providing maximum facilities for comprehensive car insurance customers. It is recommended to get the Best protection for four-wheelers.
It will cover various parts of the car according to your plan including the engine, body of the car, Roadside accidents, natural disasters, theft, etc.
Features of ICICI Lombard Car Insurance 2024
- ICICI Lombard has more than 6100 cashless Garage at various localities, so you can immediately contact your nearest garage of ICICI Lombard in any accident.
- Customer can purchase the insurance plan according to their needs of annual driving, so it will impact their insurance premium and will help them to purchase good insurance according to their need.
- The insurance will also cover 1500000 Personal accident cover if you purchase the comprehensive plan in ICICI.
- A maximum 50% no-claim bonus is also provided.
- Customers can purchase add-on plans on their existing car insurance in ICICI where all the parts of a car can be covered under add-on plans.
- Applicants will get damage including Natural disasters, accidents, theft, fire, and other types of accidents.
- Customers can apply for Zero depreciation damage which will help the customer when their car and parts get old. It compensates you for the claim amount that gets deducted because of depreciation.
- The company provides insurance to their customers without asking for any physical documents as you can apply online mode by uploading a soft copy of your documents.
- In case your vehicle is stuck on the road due to a breakdown or accident then the company will provide Roadside assistance cover including towing to the network garage, Minor repairs, battery jump starts, and taxi benefits.
- The company promises to provide 24-hour on-call facilities where you can call the service center at the time of the accident and they will provide you with their best facilities immediately.
Advantages of Buying Car Insurance with ICICI Lombard 2024
Some of the advantages of buying a car insurance plan with ICICI Lombard are as follows:
- With a good number of network garages, policy holders can get their cars repaired with the utmost convenience.
- ICICI Lombard has devoted claim support.
- With ICICI Lombard, policyholders can enjoy 24×7 claim support.
- Policyholders can also include a number of add-ons in their ICICI Lombard car insurance plan to further enhances the plan benefits.
- ICICI Lombard also offers discounts to reduce car insurance premiums.
- Some of the discounts offered are NCB, installation of anti-Theft devices, etc.
- With ICICI Lombard car insurance, policyholders can get full protection for their car against damages.
Eligibility Criteria for buying ICICI Lombard Car Insurance 2024
- To purchase ICICI Lombard car insurance, your vehicle must be registered with the Regional Transport Office.
- Additionally, you must have valid documents related to your vehicle such as car registration papers, valid driving license, and other documents.
How to apply for ICICI Lombard Car Insurance 2024?
There are multiple methods to apply for car insurance in ICICI Lombard. If you want to get car insurance from the showroom at the time of purchasing the car then you can opt third-party Insurance or direct ICICI Lombard insurance.
You can visit the nearest branch of ICICI. But today we are discussing the online application procedure of ICICI Lombard car insurance in this section.
- Visit the official website of ICICI Lombard.
- You can also click on this link to visit directly on the official website : https://www.icicilombard.com/
- Now you will reach the new page where you have to click on the link of motor insurance and after that select car insurance in this section.
- Now enter your vehicle registration number with your mobile number and email ID and click on the get quote link.
After that, the company will contact you and will provide you with further instructions to apply online mode. Before applying, employees will also suggest comprehensive plans according to the condition of your vehicle and after that you can select any one plan and add on according to your need.
Types of ICICI Lombard Car Insurance 2024
There are different types of car insurance that you can purchase with ICICI Lombard such as Comprehensive car insurance, Third-party car insurance, and Standalone car insurance.
Some of the differences among these three types of car insurance are as listed below:
- ICICI Lombard Third-party Car Insurance : ICICI Lombard third-party car insurance provides coverage for third-party liabilities in case of a misshap including bodily injuries, death, and property damage.
- ICICI Lombard Standalone Own-damage Car Insurance : ICICI Lombard standalone own-damage car insurance will take care of the self-damage costs of your car in a wide variety of scenarios such as road accidents, theft, etc. Furthermore, insurance providers provide NCB for claim-free years.
- ICICI Lombard Comprehensive Car Insurance : ICICI Lombard comprehensive car insurance plans will take care of both third-party obligations and own-damage costs under a single premium. Furthermore. They offer an optional personal crash cover. You include a number of add-ons to the ICICI Lombard car insurance plan to enhances its benefits.
ICICI Lombard Car Insurance Inclusions and Exclusions
Before you purchase any type of car insurance plan with ICICI Lombard, you must check the plan inclusions and exclusions :-
- Third-party liability.
- Coverage against damage due to accidents, natural disaster, etc.
- Coverage if the insured car is lost your stolen.
- Cashless repair at network garages.
- Wear and tear of car.
- Mechanical breakdown.
- If there is damage due to driver’s negligenc.
How to renew the ICICI Lombard Car Insurance Policy Online ?
Whenever an active car insurance policy premium is not renewed in prescribed time the car insurance policy is lapsed or expires. ICICI Lombard allows quick and easy renewal of such ‘break-in insurance’ policies at an affordable price. ICICI Lombard offers two unique facilities as under :-
- Doorstep Surveyor Facilities wherein an authorized surveyor will visit to inspect your vehicle, and
- Digitally signed policy whereby the immediate purchase of ‘break-in insurance’ policy is possible
- However, to renew an expired policy you need to keep the following document convenient:
- RC copy.
- Copy of Valid Driving License.
- Copy of expired insurance policy.
- Dually filled proposal form.
- Once all the documents are obtained the insurance provider will scrutinize them to provide approval.
- Upon obtaining approval, the car-owner can make the payment to renew your car insurance policy.
- Payment can be made using a credit card, debit card, or net banking facility.
- On successful payment, your expired car insurance policy will be renewed.
How to Calculate Car Insurance Premium ?
Listed below are the factors that determine car insurance premiums :-
- Model Type : The model type of your car is an important factor in determining the car insurance premium. For example, a sedan car’s premium will be higher than a sedan car’s.
- Fuel Type : Depending upon the fuel type, the car insurance premium varies accordingly. As compared to other fuel types, car insurance premiums for CNG vehicles are higher.
- Car Manufacture Year : An old car will have less IDV and more depreciation value. The car insurance premium of an old car is lower than that of a new one.
- Claim History : Claim history plays another important role in determining car insurance premiums. The more the number of car insurance claims, the higher the car insurance premium will be.
- Add-ons : By including various add-ons to your car insurance plan, the car insurance premium becomes higher.
How to raise ICICI car insurance claim ?
This is how you can raise a car insurance claim :-
- First, contact ICICI Lombard to notify them about the accident.
- You can call on their toll free number or even send a text message.
- Fill car insurance form and enter details like insurance policy number, vehicle chassis number and others.
- Submit photographs of the damaged part of the insured car.
- Also, submit any necessary documents, if necessary.
- ICICI Lombard team will get the damaged vehicle surveyed and ultimately settle the claim request.
FAQ’s : ICICI Lombard Car Insurance 2024
What is the premium amount of ICICI Lombard Car Insurance 2024?
ICICI car insurance premium is starting from Rs 2,000 .
What is the accrued claim ratio of the ICICI Lombard Car Insurance ?
The incurred claim ratio of the ICICI Lombard General Insurance Company is 74%.
How long does the Company Limited take to process and settle car insurance claims ?
Usually, the claim is settled as soon as all the pertinent documents are received by the insurance company.
How to apply online for ICICI Lombard Car Insurance 2024?
You can follow the above given steps & visit the official website https://www.icicilombard.com/ to apply online for ICICI Lombard Car Insurance.