About Car Insurance in Faridabad

Faridabad is Haryana’s largest town and an important industrial centre. It is situated at a prime location geographically and politically having two divisions - Faridabad and Ballabgarh. Faridabad shares boundaries with New Delhi in the north, Gurgaon in the west, and Uttar Pradesh in the south-west.

In terms of economy, over 50% of the Income Tax for Haryana is generated from Faridabad. When it comes to culture and tradition, the city has a unique mix with a speciality in folklores. The architecture of the suburban side of the town reminds you of fine craftsmanship; whereas, the city centre is industrialised and developed.

Connectivity and Major Roads in Faridabad

Much like its development in the industrial sector, Faridabad is well connected by road, rail, and air. The nearest airport to the city is the Indira Gandhi International Airport that is 35 km away. You can quickly hail a taxi from/to the airport or use the Delhi metro and autos.

Moreover, you can reach Faridabad by road from different regions of the country. The city is located near the national highway that also connects other major cities like Mathura, Agra, Etawah, New Delhi, Allahabad, and more. When travelling by train, Faridabad has three railway stations - Faridabad (FDB), New Town Faridabad (FDN), and Ballabgarh (BVH).

Besides being well connected to the major cities in India, travelling within Faridabad is convenient as well. You can take an auto or cycle rickshaw to travel short distances in the town. For a longer transit, you can use the bus services, autos, and radio taxis. Moreover, there are plans to implement an extended metro network in Faridabad for future comfort.

Popular Cars in Faridabad

Some of the popular car brands in Faridabad are as follows -

  • Honda Amaze

  • Maruti Wagon R

  • Ford Ecosport

  • Hyundai Grand i10

Rate of Accidents in Faridabad

With the development of industrialisation in Faridabad, the commute for people within as well travelling to the city has increased. While the road accident rates in Faridabad are relatively minimal and under control, the people in the town face several other challenges.

For those who primarily commute by road tend to face traffic jams regularly. Travelling within the city in your car can get hectic as you might have to wait long hours stuck in traffic to get to your desired location. Moreover, the climatic conditions of Faridabad add hassle to the commute as well. The monsoon season causes floods and a lot of damage. The city is known to experience landslides, cyclones, and floods, which further can cause damage to your vehicle. On the other hand, vehicle theft is quite common in Faridabad. Every year, over 30,000 cars are reported stolen in the city.

So, to ensure an utmost safety of your vehicle in case of accidents, theft, or loss due to man-made/natural disasters, it is imperative to invest in a comprehensive car insurance plan. Let us take a look at the benefits of buying car insurance in Faridabad.

Benefits of Getting Car Insurance in Faridabad

Besides combating the several challenges faced by the people travelling within/to Faridabad, car insurance is a mandatory document as per the Motor Vehicle Act, 1988. There are two types of car insurance plans available in India - third party car insurance and comprehensive car insurance.

Third party policy is the most basic car insurance plan that covers third-party liabilities online. As the policy offers limited coverage, it is best to invest in a comprehensive car insurance plan in Faridabad. You can buy extensive car insurance plans at Finserv MARKETS online. Here’s why.

Why Choose Finserv MARKETS for Car Insurance in Faridabad?

The car insurance plans available on Finserv MARKETS protects you and your vehicle financially against accidental damage, theft, and loss due to man-made or natural disasters.

Below are a few key benefits of buying car insurance in Faridabad at Finserv MARKETS online -

  • Cashless Claim Settlements: You can avail cashless claim settlements at any of the network garages across the country.

  • 24x7 Assistance: Our team of experts is available at your service at any time and anywhere. So, get your queries resolved as soon as possible.

  • 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 get your compensation in the stipulated time.

You can read more about car insurance benefits by visiting Finserv MARKETS website. 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 results, you can then choose a car insurance plan that is affordable and fulfils your needs.

FAQs on Car Insurance in Faridabad

  • ✔️How to buy car insurance in Faridabad?

    You can buy car insurance in Faridabad by visiting Finserv MARKETS website and following the steps below -

    1. Enter your personal and vehicle details

    2. Fill the car insurance application form

    3. Choose the type of coverage you need and add-on benefits

    4. Review your policy before paying the premiums

    5. Pay the car insurance premiums online

    6. The policy will be issued in no time

  • ✔️Is it necessary to have car insurance in Faridabad?

    Yes. Car insurance is a mandatory document needed when driving on Indian roads. Besides this, you need to carry a valid driving licence, PUC, and vehicle registration certificate.

  • ✔️Can I renew my car insurance in Faridabad online?

    If you have purchased car insurance at Finserv MARKETS, visit the website for the policy renewal as well. The process is simple and hassle-free.

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