Coimbatore is one of the fastest developing tire II cities in India. It is a leading centre for textile, industrial estates, commercial, educational, IT, healthcare, and manufacturing in Tamil Nadu. The city is also known as Kovai in Tamil. Being a major regional city in Tamil Nadu, Coimbatore is a hub for India’s pumps and motor manufacturing. Thus, it has rightly earned the title of ‘Pump City’.
One can experience the unique blend of food, architecture, and religion in Coimbatore. The city is well-known for its exquisite culture and diversity, making it one of the must-visit places in India.
The city - Coimbatore - is well connected to different regions of the country. Whether you are travelling for work or leisure, you can get to Coimbatore by air, rail, and road. The Coimbatore Airport (CJB) is connected to major international airports in India. There are no airport bus services, but you can hail a taxi very quickly to get you to the city centre.
When travelling by train, the Coimbatore Junction is connected to major Indian cities like Mumbai, Bangalore, and Chennai. You can get to the city by road as well. For those travelling from Bangalore can take Highway 209; use Highway 83 when coming from Madurai, and take Highway 66 from Mumbai and change to Highway 544 at Thrissur.
Along with connectivity to other regions in India, travelling within Coimbatore is easy as well. One can use public transportation services like the TNSTC buses that run all around the city. There are a few deluxe AC Volvos as well. The town has taxis and rental car services for people who find public transport inconvenient. While the city witnesses a large number of rental cars, the number of personal cars driving on the roads in Coimbatore is not any less.
Some of the popular car brands in Coimbatore are as follows -
Chevrolet Optra Magnum
Maruti Suzuki Wagon R
Land Rover Freelander
As Coimbatore is one of the growing cities in Tamil Nadu, the number of vehicles on the road have significantly increased. This has raised the road accident rates in the city as well. Four-wheelers, bikes, and trucks contribute majorly towards road accidents.
Also, drivers with valid driving licences have little knowledge of road safety and traffic rules. Other reasons that contribute to road accidents in Coimbatore are the road conditions, speeding, drunk driving, minimal use of helmet/seat belts, etc.
To combat the rising road accident rates in Coimbatore, the authorities have imposed stricter traffic rules and heftier penalties. Moreover, one needs to have adequate car insurance to ensure that any damage incurred by the vehicle is compensated. However, note that any damage caused to the car due to driving without a driving licence, speeding, or under the influence of intoxicants is not covered in the car insurance plan.
Car insurance is a mandatory document needed as per the law when driving on the Indian roads. Besides the compulsion, the policy ensures that your vehicle is protected against any expenses in terms of repairs, loss, and third-party liabilities.
There are two types of car insurance plans available in India -
Third Party Car Insurance Plan - It is a mandatory policy as per the Motor Vehicles Act, 1988. The policy covers third-party liabilities only. Any damage to your vehicle is not covered under this plan.
Comprehensive Car Insurance - For extensive coverage, it is recommended to buy comprehensive car insurance. The policy covers third-party liabilities and damage to your vehicle as well. It also covers you against theft or loss of the vehicle due to natural/man-made disasters.
You can buy comprehensive car insurance at Finserv MARKETS online. Keep reading to know the reasons you should choose Finserv MARKETS for car insurance in Coimbatore.
The urgency of car insurance in Coimbatore is rising by the day. As there is a significant rise in the road accident rates in the city, people living in Coimbatore must have adequate motor insurance to cover the damage repair expenses. Besides, as the plan is mandatory, there is greater need for the plan.
Car insurance plans available on Finserv MARKETS protect you financially against accidental damage, theft, and loss due to man-made or natural disasters.
Below are the key benefits of buying car insurance in Coimbatore at Finserv MARKETS online -
Cashless Claim Settlements: Plans on Finserv MARKETS come with cashless claim settlements at preferred garages across the country.
Round-The-Clock Claim Assistance: The insurance experts are available at your service for all your claim-related queries.
Easy Online Application and Renewal: You can buy and renew your car insurance plan online through a hassle-free process. Moreover, you can buy/renew the policy using the Finserv MARKETS App as well.
Simple Claim Processing: Besides the online application process, the car insurance claim process is hassle-free and less time-consuming. It makes it all the more convenient for you to register your claim.
You can also check the premiums for car insurance plans available on Finserv MARKETS by using the online car insurance premium calculator. Based on the quotes displayed and your needs, you can then choose a car insurance plan that is affordable and one that fulfils your needs.
Yes. You can renew the car insurance plan purchased with Finserv MARKETS online. All you have to do is visit our website, fill the car insurance renewal form, pay the premium, and you are done. The renewed policy will be issued in no time.
If caught by traffic police for driving without valid car insurance in Coimbatore, you will have to pay a penalty of Rs. 2000 for the first offence. It will be increased to Rs. 4000 for consecutive offences.
Yes. If you want to drive within the city - Coimbatore - or across India, it is vital to have an active car insurance plan.