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Buy/Renew Comprehensive Car Insurance Online in India in 2024
If you want to hit the road with peace of mind, get Comprehensive Car Insurance online by Digit today!
This guide will take you through everything you need to know about comprehensive insurance meaning and buying or renewing comprehensive car insurance in India for 2024.
What is Comprehensive Car Insurance?
Comprehensive car insurance is an all-inclusive car insurance policy that covers both third-party car insurance and own damage.
It is a full coverage insurance for cars that offers the most extensive protection for your vehicle. Unlike third-party insurance, comprehensive insurance safeguards you against unforeseen losses such as an accident, natural calamity, fire or theft.
Comprehensive car insurance covers repairs or replacement costs for your car and protects you from financial liability for injuries or property damage caused to others involved in an accident.
Additionally, with Digit’s Comprehensive Car Insurance, you can customize your policy further with a range of add-on covers.
Why Should You Get Comprehensive Car Insurance?
What is Covered in Comprehensive Car Insurance?
Even the tiniest accidents can cause so much trouble! That’s why this covers for you and your car during all unfortunate accidents.
Unfortunately, if your lovely car is stolen – your comprehensive car insurance will help make the situation better! 😊
It’s time to stop getting bitter over strangers for accidents both major and minor and let your comprehensive car insurance take care of the same!
Nature’s many furies are not in your hands! Therefore, don’t worry if a flood or cyclone damages your car. If you have a comprehensive car insurance policy in place, you’ll be covered!
Accidents can lead to not only car damage but personal injuries too! Comprehensive car insurance ensures you’re protected for in the likelihood of the same. (provided you have the PA cover).
Even a small fire can lead to major damage to your car or its parts! That’s why comprehensive car insurance ensures you don’t need to bear the brunt of it.
What’s Not Covered?
It’s true that a comprehensive car insurance gives your car 360-degree protection but here are some exceptions.
Any claims made in a situation where you were driving drunk won’t be considered.
You can’t make claims if you were driving without a valid driver’s license.
In case you haven’t bought a particular add-on you can’t claim for its benefits!
Consequential damages are those that take place after the accident. Unless covered for in an add-on, such damages can’t be covered.
To simply put it, don’t do things you aren’t supposed to! 😊 For example; if there are floods in your city, don’t take the risk and take your car out. Listen to your manufacturer’s manual cause such negligence can’t be covered!
In case you have a learner’s license, you should be driving with a valid license holder. Your car insurance won’t cover for you otherwise.
Add-ons to Customize your Comprehensive Car Insurance
Get better coverage for your car with these add-on covers available with Comprehensive Car Insurance policy.
If your car is less than 5 years old, get this cover to avoid paying for the cost of depreciation during your car insurance claims. Read more about Zero Depreciation Car Insurance.
We all need a little help sometimes! That’s why we have this cover to help you out in situations where you need a helping hand. Read more about Roadside Assistance.
Similar to an engine gearbox cover. Except this one covers and protects for your tyre in all possible situations, apart from just an accident. Know more about tyre protect add-on.
A car insurance will only cover for engine or gearbox damage when it happens in an accident but, this cover lets you protect your engine and gearbox in all possible situations. Read more about Engine Protection cover.
Ideal for new cars, this cover gives you the benefit of literally keeping your car as good as new. In case of a theft, or damages beyond repair this cover gives you back the complete value of your car’s invoice value. Read more about RTI in car insurance.
Every small thing makes a difference. That’s why this cover is dedicated to protecting all your car’s nitty-gritties such as engine oils, screws, nuts and more, regardless of any accidents. Read more about Consumable cover.
Your comprehensive car insurance already covers you but why not protect the person riding with you, too? Read more about Passenger Cover.
Why Should You Buy Comprehensive Car Insurance by Digit?
Difference between Third-Party, Own Damage & Comprehensive Car Insurance11
| Third-Party | Comprehensive | Own Damage |
Damages/Losses to own car due to an accident |
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Damages/Losses to own car in case of fire |
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Damages/Losses to own car in case of a natural calamity |
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Damages to Third-Party Vehicle |
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Damages to Third-Party Property |
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Personal Accident Cover |
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Injuries/Death of a Third-Party Person |
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Theft of your car |
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Customize your IDV |
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Extra protection with customized add-ons |
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| Get Quote | Get Quote | Get Quote |
Know more about the difference between comprehensive and third party insurance
How to Buy Comprehensive Car Insurance Online?
Step 1 – On the Digit app or website, enter your car's registration number, select the policy status and click on ‘View Prices’.
Step 2 – Select the comprehensive plan, add-ons and click on ‘Continue.’
Step 3 – Enter your personal, nominee and vehicle details and click on ‘Pay Now.’
Step 4 – Complete the payment and mandatory KYC verification process.
Step 5 – You’re done! You’ll receive the policy document via email, SMS and WhatsApp. Also, you can access it 24X7 on the Digit App.
Documents Required to Buy Car Insurance Policy Online
To buy Digit comprehensive insurance for car online, furnish only the following documents:
Car Registration Certificate
Previous year car insurance policy, if applicable
Any of these documents for KYC verification - PAN/Aadhar/DL/Voter id/Form 16/Passport
Comprehensive Car Insurance for Old Cars
Comprehensive car insurance protects all kinds of cars- whether luxurious, old, or new. However, most people get a third-party policy for their old cars when they should get a comprehensive car insurance policy. This is because it is more beneficial and offers enhanced coverage for an old car if you still use it regularly.
Also, before deciding on buying comprehensive insurance coverage for your old car, consider its age as well as how long you plan to continue using it.
For example, if you have a car older than 10 years, but you use it regularly for commuting to work and plan to use it for the next four years.
So, getting comprehensive car insurance would be a wise decision as older cars have lower market value so you can get insured for a lower premium and get enhanced protection.
Who should buy a Comprehensive Insurance for Car?
Buying a new car is almost like a milestone for most people. After already spending so much on your new car, the least you should do for your car and your peace of mind is protect it with comprehensive cover.
Driving in bigger, metro cities always has its own set of risks given the rise in traffic, accidents and even pollution. Therefore, to be on the safer side it’s always better to protect your car with a comprehensive car insurance.
If you own a stunning BMW or Audi, you should opt for comprehensive car insurance that won’t only protect your car from damage and theft but will also save your pocket from any other unexpected losses!
It’s okay to feel a little possessive about your dear car. Sometimes, even a small scratch can hurt! If you’re picky about anything happening to your car, then this goes without saying that you need comprehensive car insurance!
We’re a little clumsy sometimes but some of us, maybe more than the rest! If you’re someone who’s always prone to little accidents and mishaps, then it’s better you opt for Comprehensive Car Insurance that will help you and your car in all the clumsy situations!
If you often take the country down by road then getting comprehensive car insurance is almost compulsory! After all, the last thing you want while traveling is unexpected losses. Besides, comprehensive cover also lets you opt for breakdown assistance, that you could benefit from while traveling across the country.
Why Should You Upgrade to Comprehensive Car Insurance?
To ensure your car is protected you need to Compare Car Insurance policies to know which suits you the best.
People often make the mistake of only getting third-party car insurance because it’s cheaper. However, what they don’t realize is that even in the case of a small accident and damage to one’s own car, they’ll have to shell out money from their own pocket.
Instead, just spend a little more on a comprehensive car insurance policy and be relieved from any unexpected expenses!
How to Calculate Comprehensive Car Insurance Premium?
You can use our Car Insurance Premium Calculator toe asily calculate the estimate premium of comprehensive car bike insurance.
It considers various factors such as the car's IDV, NCB, add-on covers you bought, RTO location of your four-wheeler, and any modifications made to your car for aesthetic purposes or to enhance performance.
However, the formula to calculate the premium payable for a car insurance policy is:
Premium payable = Third-party car insurance premium (fixed by IRDAI) + (Own Damage - NCB and other discounts (if applicable)) + add-ons
Factors Affecting Comprehensive Car Insurance Premium
The premium of comprehensive car insurance policy depends on various factors, such as:
Insured Declared Value (IDV): Your car’s IDV is its approximate market value. So, the higher the IDV, the higher the premium of your car insurance policy.
No Claim Bonus (NCB): NCB is the discount you receive on your insurance premium if you haven’t raised any claim in the previous policy year. So, depending on your claims record, your next year’s premium will be lower.
Model/Make of Car: The make and model of your car significantly affects your car insurance premium as the more expensive car model, the higher will be the premium. Similarly, if your car is fitted with expensive parts or powerful engines, they will have higher repair costs, and hence higher premium.
Car’s Age: Older cars fetch less base premium as the depreciation on their parts increases, making them lose their value over time.
Add-ons: Getting car insurance add-ons from the 11 add-on covers available with comprehensive insurance for car at Digit increases your base premium amount, as they offer enhanced protection in different scenarios.
RTO Location: Your car’s RTO location or where your vehicle is registered also impacts the insurance premium. If it's a high-traffic metro city or accident-prone area, you are liable to pay a higher premium due to the increased risk.
Modifications to Car: If you’ve made any modifications to your car to enhance its performance or aesthetic, you will have to pay a higher insurance premium amount to cover the costs of these parts.
FAQs about Comprehensive Car Insurance Policy
How is comprehensive car insurance different from zero-depreciation car insurance?
They're two completely different things! A comprehensive car insurance is a type of car insurance policy, while the zero depreciation is an add-on you can opt for in your comprehensive car insurance policy.
Is it a good idea to buy comprehensive car insurance for an old car?
This depends on how old your car is, and how often you use it and how much longer you plan to use it. If your car is still under 15 years old and you do use it on a regular basis, getting a comprehensive car insurance won’t even cost you much, and will ensure you don’t need to spend on it in the case of any unfortunate situations.
When to purchase a comprehensive car insurance policy?
The ideal time to purchase a comprehensive car insurance policy is when you’ve just got your car. However, it’s never too late! If you currently only have a third-party policy you can upgrade with an Own Damage cover or, if your policy is due for renewal soon – just renew with a comprehensive car insurance policy this time 😊
What is the comprehensive insurance meaning for car?
It is the most extensive car insurance plan that covers repairs and replacements for damage to your car or loss in case of accidents, theft, fire, etc. It also covers third-party liabilities.
Is bumper to bumper insurance the same as comprehensive car insurance?
No, a comprehensive car insurance plan provides coverage only against third-party liabilities and own damages. However, bumper-to-bumper car insurance is zero-depreciation insurance, which is an add-on and provides full coverage for a car's depreciating parts, along with comprehensive car insurance.
What is the duration of a comprehensive car insurance policy?
Generally, a comprehensive car insurance policy is valid for one year. After that, you need to renew your car insurance policy before the expiry date.
Can I upgrade to comprehensive insurance after third-party insurance?
Yes, you can upgrade to comprehensive insurance from third-party insurance by contacting your insurer. However, remember that you will have to pay the difference in premium.
Which is more expensive, third party or comprehensive car insurance?
Comprehensive car insurance is more expensive than third-party insurance because third-party only covers damages to others, while comprehensive covers your own car's repairs or replacements as well as third-party liability.
Which is the best comprehensive insurance for my car?
Different insurers offer different perks with insurance policies. So, to get the most suitable one consider factors like coverage offered, premium cost, add-ons available, customer support, and customer reviews.
Can I renew my comprehensive car policy online?
Yes, you can easily renew or buy a new comprehensive car insurance policy online via Digit website or app.
What is the difference between first party and comprehensive insurance?
"First party" refers to the policyholder, whereas comprehensive insurance is a type of car insurance that covers your own car for damages or loss and the third-party liabilities.
Do I have to pay anything for comprehensive only car insurance?
Yes, comprehensive car insurance is not free, therefore you have to pay a premium amount based on various factors to protect your car.
Is bumper covered under comprehensive car insurance?
Any damage to the bumper may or may not be covered under your car insurance depending on the type of insurance plan you have chosen. It is generally covered under comprehensive car insurance, or you can also buy an add-on if available.
What car parts are covered in the comprehensive insurance policy?
The basic spare parts are generally covered in a comprehensive car insurance policy. To cover other accessories or car parts, you can buy specific add-ons available with the comprehensive policy.
Which is better - comprehensive or third-party car insurance?
Often comprehensive car insurance is considered better as it offers enhanced protection (own damage + third-party liabilities), but costs more. Whereas, third-party is mandatory by law and cheaper, but only covers damages to others. So, it depends on your needs which is the most suitable for you.
How do I know if my car insurance is comprehensive?
Check your car insurance policy details or contact your insurer to know if your car insurance is comprehensive.
What is the premium amount of comprehensive car insurance?
The cost of comprehensive car insurance premium varies depending on the make and model of the car, and the coverage type and add-ons you choose.
Is it mandatory to have a comprehensive car insurance policy?
No, in India only third-party liability is mandatory by law. However, if you want overall car protection, you should go for a comprehensive policy.