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Car Insurance in Bhubaneswar

Bhubaneswar is the capital city of Odisha, a state in eastern India. More than 30 ancient temples, some of which are thousands of years old, may be found in Bhubaneshwar which is why it is also called the "city of temples". Car insurance in Bhubaneswar is essential and legally mandatory, as in any other Indian city, and you will be fined, or imprisoned, or both, if your vehicle is without an insurance plan. While third-party car insurance is mandatory, the comprehensive insurance plan offers a wide range of financial protections. To learn more about car insurance in Bhubaneswar, continue reading.

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Car Insurance In Bhubaneshwar

Bhubaneshwar is one of the major cities in the Eastern part of India. It became the capital city of the State of Odisha in the year 1949. Until then, Cuttack was the capital city of the state. Even today, together Bhubaneswar and Cuttack are called as the “twin cities” of Odisha. Historically, the city of Bhubaneshwar holds a lot of significance in India. The history of Bhubaneshwar can be traced back to 2,000 years. The excavations found in this city date back to the Mauryan Empire. There are more than 30 ancient temples in Bhubaneshwar, some of which date back to 7th Century BC. Bhubaneshwar is, hence, popularly known as the “City of Temples”.  The present-day Bhubaneshwar plays an important part in the economy of Eastern India. Apart from being home to some of the elite educational institutes in the country, the city also boasts of excellent IT parks. Major companies such as Infosys, Tech Mahindra, Wipro, TCS, Semtech, Reliance, IBM, etc. have their presence in the city.

Connectivity in Bhubaneshwar

The city’s infrastructure is divided into 67 wards and is managed by the Bhubaneswar Municipal Corporation. The city is well connected to neighboring states of Andhra Pradesh, West Bengal, Jharkhand and Chhattisgarh through various national highways. The public transport network in the city is extremely strong with over 300+ daily bus services. The pedestrian infrastructure of the city is also more prominent than most of the Indian cities. The number of two-wheeler, as well as four-wheeler owners, is also high in Bhubaneshwar as compared to rest of the cities in Odisha.

Popular cars in Bhubaneshwar

As is common in a majority of cities, most people in Bhubaneshwar prefer to travel in the convenience of their four-wheeler vehicle rather than availing a public transport facility for their day-to-day commute. Some popular car models that you can find on the streets of Bhubaneshwar are:

  • Mahindra Bolero Plus

  • Renault Fluence

  • Honda City

  • Ford Figo

  • Maruti Ritz

  • Hyundai Creta

  • Nissan Terrano

  • Maruti Suzuki Waganor

  • Tata Indica

  • Datsun Go

Benefits of car insurance

Recently, the accident rates in Odisha have soared considerably. As many as 5237 casualties were reported in Odisha due to road accidents in the year 2017. Statistics gathered over the years show that the instances of road accidents are increasing day-by-day every year in this state. The accident rate is especially high in major cities like Bhubaneshwar. Not only do these freak accidents cause severe bodily harm, but the expenses incurred later for medical treatments as well as for making repairs on any damage to your four-wheeler can dig a considerable hole in your pocket. Therefore, as a precaution to these alarming accident rates, it is important to have an efficient car insurance plan in place.

A car insurance offers coverage for self as well as co-passengers in case of tragic road accidents. Buying a car insurance Bhubaneshwar can help cover the damages to your car due to road mishaps, natural disasters as well as due to acts of civil disobedience. Moreover, it is now compulsory by law to have a third-party insurance for all vehicle owners. Thus, a policy holder can either opt to buy an insurance plan that only offers a third-party car insurance (as is necessary by law) or opt for a more comprehensive car insurance plan, that offers extra provisions along with offering coverage for third-party liabilities. To avail such competent insurance plans, visit us at Finserv Markets today!

Why Choose Finserv MARKETS for Car Insurance

  1. Enjoy Discounts

  2. Secure discounts on your car insurance premium if you are a member of a recognized automotive association, if you have an anti-theft device installed or if you have a good driving history.

  3. Digital Car Insurance

  4. As soon as you complete the online car insurance application process with Finserv Markets, a digitally signed insurance policy will be issued to you instantly.

  5. Speedy Online Application/Renewal

  6. You can apply online at Finserv Markets to avail a car insurance plan. The online application makes it much easier to process your car insurance application and grant the policy. You can even make use of the Finserv Market’s mobile application to renew car insurance online.

  7. Simple Claims and Inspections

  8. With Finserv Markets, insurance inspections are quick and hassle-free while the claim settlement processes are also quick. This makes the overall Car Insurance experience very convenient with us.

List of Garages with Contact Details

With a network of over 4000+ garages across the country, Finserv Markets makes it convenient for you to get your vehicle serviced across Bhubaneshwar

Name

Address

Contact Number

Narayani Motors Pvt Ltd

217, Cuttack Road, Jharpada, Bhubaneswar - 751006

9938018452

Venus Auto Works Pvt Ltd

A/62, Nayapalli, Bhubaneswar - 751003

9338402078

Gargson Automobile Pvt Ltd

A/66, Nayapalli, Nh-5, Bhubaneswar - 751012,Dist-Khurda

9040087502

Trupti Enterprises Pvt Ltd

Nh-5, Patrapada, Bhubaneswar - 751019

9437010607

Swiss Motors

Nh-5, Plot No.- 1578, Opp- Saptasati Temple, Palasuni, Bhubaneswar - 751010

9437040404

Padmalaya Sales Corporation

Plot No : 278/2923,Patrapada, Bhubaneswar-751019 Another Address- Plot1013,Nayapalli,Nh-5,Bhubaneswar-751015

9437010026

Ananta Automobiles Pvt Ltd

Plot No-532/1026,P.S Plaza,Rasulgarh,Bhubaneswar-751010

9437056177

Jyote Motors Pvt Ltd

Nayapalli, Nh-5, Bhubaneswar - 751003

9776615003

Capital Ford

A/66, Nayapalli, Nh-5, Bhubaneswar - 751003

9437254472

Narayani Motors Pvt Ltd

217, Cuttack Road, Jharpada, Bhubaneswar - 751006

9938018452

 

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Frequently Asked Questions

✔️Is it compulsory to have a car insurance?

Yes, according to the Motor Vehicle’s Act of 1988, it is compulsory for all car owners to buy a third-party car insurance.

✔️What is an NCB?

NCB or No-Claim Bonus is a discount offered on the car insurance premium at the time of renewing the car insurance policy to policyholders who have not made any claims during the previous policy period.

✔️What is the eligibility criteria to qualify for an NCB?

In order to become eligible for an NCB, a policyholder must not make a claim on his/her car insurance for an entire insurance tenure. At the time of renewing the policy, the NCB is granted. NCB can be collected over the years to avail a hefty discount at the time of a subsequent car insurance policy renewal.