About Car Insurance in Goa

Goa is one of the most desirable tourist destinations for people across the globe. The state is filled with vast stretches of beaches with the sparkling Arabic Sea alongside. The place gives you a perfect blend of old-world uniqueness and modern sophistication. In fact, the quality of living in Goa is said to #1 in India.

The state is full of life and has a lot to offer. From lively nightlife, unexplored beaches, to exquisite architecture - Goa exhibits the Portuguese heritage to its fullest. Besides the must-visit beaches and churches, the Goan cuisine is yet another draw to the place.

When it comes to commuting to/within Goa, a four-wheeler with a valid car insurance policy is your best option. Besides this, Goa also has public transportation to get you around safe and sound. Keep reading to know more about the connectivity of the state.

Connectivity and Major Roads in Goa

Goa is well connected to major Indian cities via air, rail, and road. The international airport of Goa - Dabolim Airport - connects the state to other regions across the country and global cities as well. It is 4 Km away from Vasco da Gama city and 30 km away from Panjim city.

On the other hand, the railway system is adequately connected to Goa. The state has two important railway stations - Margao and Vasco da Gama. Moreover, one can reach Goa by road as well. Multiple bus services operate from Maharashtra and Karnataka, making it easy for commuters to travel to Goa. One can use their private vehicle or rent a car to get to their destination as well.

The national highways and state highways running via Goa are well kept. You will experience a scenic route that rolls through green hills. The transportation within Goa is taken care of by the Kadamba Transport Corporation. It is a government agency that operates bus services along the Panjim - Margao route. You can also hire two-wheelers and cars in Goa as per your convenience to get to places.

Popular Cars in Goa

Some of the famous car brands in Goa are as follows -

  • Maruti Suzuki Alto

  • Hyundai Santro

  • Tata Tiago

  • Datsun RediGo

  • Maruti Wagon R

Rate of Accidents in Goa

The road accident rate in Goa has been increasing every year. A primary reason that contributes to the accident rates is traffic discrepancies. On the other hand, over-speeding and drunk driving are other factors that lead to road accidents in Goa.

Since Goa experiences massive tourism over the prime holiday times every year, the need for stricter traffic rules and hefty penalties is crucial. As per the New MV Act, any person caught violating the traffic safety rules will have to pay a huge fine and/or serve imprisonment.

Besides this, people driving on the roads of Goa need to carry valid documents like vehicle registration, motor insurance, valid driving licence, PUC, etc. These are the mandatory documents one needs when travelling in Goa as well as in any other Indian region.

An active car insurance plan in Goa will protect you and your vehicle financially against unforeseen mishaps. In other words, any damage caused to your vehicle in accidents will be compensated by the insurer after investigation. Let us take a look at the benefits of buying car insurance in Goa.

Benefits of Getting Car Insurance in Goa

As mentioned earlier, car insurance is mandatory by law. Driving without car insurance in Goa will attract hefty penalties. Ideally, there are two types of car insurance plans available in India -

  1. Third Party Car Insurance

  2. Comprehensive Car Insurance

While third party car insurance is known to be cheaper, it covers third-party liabilities only. For all-around protection, it is best to invest in comprehensive car insurance. A comprehensive car insurance plan will cover the damage against accidents, theft, and loss due to man-made or natural disasters. If you are looking for car insurance in Goa, considering buying car insurance plans at Finserv MARKETS. And here’s why.

Why Choose Finserv MARKETS for Car Insurance in Goa

The car insurance plans available on Finserv MARKETS will financially safeguard your motor vehicle against accidental damage, theft, and loss due to man-made or natural disasters. A few key features of buying car insurance in Goa at Finserv MARKETS online are as follows -

  • Digital Insurance Copy – When you purchase car insurance at Finserv MARKETS, a softcopy of the policy will be sent to you on your registered email address. That way, you have an insurance copy with you at all times.

  • Easy Online Application and Renewal – You can buy and renew Car Insurance in Goa at Finserv MARKETS online. Plus, you can buy/renew the policy using the Finserv MARKETS App at any time, anywhere!

  • Discount Offers – Secure discounts on the premium amount by becoming a recognised member of the automotive association or installing anti-theft devices in your car. Also, a good riding history will fetch you discounts on your premiums

  • Simple Claim Processing – With us at Finserv MARKETS , the claim settlement process is hassle-free. Thus, making it all the more convenient for you to get your compensation in time.

In addition, you can 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.

Manage All Your Queries About Four Wheeler Insurance in Goa

  • ✔️What types of claims can one make on car insurance in Goa?

    There are two types of car insurance claim facilities-

    1. Cashless Claim Settlement

    2. Reimbursement Claim

    The cashless claim facility can be only availed at network garages wherein the insurer will compensate for the expenses incurred with the garage facility directly. In the reimbursement claim facility, the policyholder has to register a claim after getting the vehicle repaired and upload the supporting documents. Upon verification, the insurer will approve/reject the claim.

  • ✔️Should I buy car insurance in Goa?

    Yes. It is necessary to have car insurance in Goa when travelling within the state and across India. Failing to present the insurance plan when asked by traffic police can put you in trouble. Depending on the situation, you will have to pay hefty penalties or face imprisonment, sometimes both.

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