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Car Insurance in Amritsar

Amritsar city in Punjab is one of the most popular tourist destinations in North India, as it is home to the famous Golden Temple. Another one of the biggest tourist attractions around the city is the Indo-Pakistan border crossing at Wagah district. It is a famous commercial, cultural, and transportation centre in the country. As a result, the city roads are always jam-packed. If you wish to drive your car in this famous city legally, you will need to get car insurance in Amritsar. Moreover, car insurance is vital in protecting you and your vehicle against financial damages in the event of an accident. In this article, we’ll take a look at the details of car insurance in Amritsar and the various benefits of buying insurance.

Best Car Insurance Plans

In case you are looking to buy vehicle insurance in Amritsar, you can check out the car insurance plans at Bajaj MARKETS in the table below, along with their important features:

 

Bajaj Allianz General Insurance Co

Acko General Insurance Ltd

HDFC Ergo General Ltd

Third-party cover

Comprehensive Car Insurance

Premium Amount

Starting at ₹2,072 (- + GST, effective 1st April 2022)

Starting at ₹2,072 (- + GST, effective 1st April 2022)

Starting at ₹2,072 (- + GST, effective 1st April 2022)

No of Network Garages

4,000+

100% cashless garages

7,600+

Claim Settlement Ratio

98%

98%

-

Additional Covers

 

Disclaimer: The aforementioned third-party premium rates are indicative. The actual insurance amount that you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your car insurance policy.

Benefits of Car Insurance

As per the New Motor Vehicles, 2019, it is compulsory for all vehicle owners to at least have third-party insurance for their vehicles. However, when it comes to buying comprehensive car insurance in Amritsar, there are several advantages:

  • Keep Your Vehicle Financially Covered

A comprehensive car insurance plan will provide financial coverage to your car in the event of damages due to accidents. If your car is severely damaged in an accident, this can help you save lakhs of rupees in repair costs.

  • Personal Hospital Cover

A third party car insurance will not provide any medical coverage to you if you get into an accident. On the other hand, a comprehensive insurance plan does provide financial cover for medical costs if you get injuries in an accident. With the rising cost of healthcare, paying out of pocket for healthcare can deplete your savings quickly. Comprehensive car insurance in Amritsar can help you avoid these costs.

Read More: Personal Accident Cover in Car Insurance

  • Obligation to the Law

Driving without insurance can lead to heavy fines and even imprisonment. By getting comprehensive insurance in Amritsar, your legal obligations as per the New Motor Vehicles Act, 2019 will be fulfilled and you won’t have to worry about paying fines or imprisonment if you are randomly checked by the traffic police.

  • Add-On Covers

If you plan on buying comprehensive insurance in Amritsar, you should know that you will also get the option to buy extra add-on covers such as zero depreciation cover in car insurance or consumables cover that can help you and your car get enhanced protection for any situation.

Read More: Add-On Covers in Car Insurance

  • Third-Party Cover

A third-party cover is automatically included as part of the comprehensive insurance policy. Hence, you will get coverage for the cost of damages to the third-party vehicle involved in an accident, along with the medical expenses of the third party (individuals).

  • No Claim Bonus

If you have been using insurance for a full policy term and have not made any insurance claims, use the ‘No Claim Bonus’ (NCB) to get a discount on your premiums while renewing your car insurance in Amritsar. NCB in car insurance can also be transferred to your new insurance plan if you wish to change your insurance provider.

Network Garages in Amritsar

Another benefit that many car insurance companies offer is the facility of network garages. If your car gets damaged in an accident, you can take it to a network garage affiliated with your insurer. There, you can get it repaired without paying any bills on your end. The network garage will directly settle the repair bills with your insurance provider. However, you should also keep in mind that if the cost of your car repairs exceeds the maximum coverage offered by your insurance plan, you will have to pay the balance of repair expenses out of your own pocket. You can take a look at the list of network garages in Amritsar affiliated with our partner insurers down below.

Wrapping It Up

Amritsar is an eminent town that deserves to be explored, but the dense traffic can often lead to accidents. Car insurance in Amritsar is absolutely vital in keeping you and your vehicle protected from accidental damage under a variety of circumstances. If you are unsure about the car insurance price in Amritsar, you can use the car insurance premium calculator to get an estimate. Check out the best car insurance plans on Bajaj MARKETS.

 Check Out Car Insurance Plans Available at Bajaj MARKETS

 

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FAQs on Car Insurance in Amritsar

✔️What is the fine for driving without Amritsar car insurance?

You may be fined ₹2,000 to ₹4,000 for driving without car insurance in Amritsar. 

✔️Can I buy insurance for my car online?

Yes, you can buy car insurance from trusted websites like Bajaj MARKETS and other insurance providers/aggregators.