Standalone OD Car Insurance Policy

Ideal for cars less than 5 years old, zero depreciation cover allows you to nullify the depreciation charged on your car and its parts and gives you the full value of repairs, costs and replacements during a claim.

In case of theft or damages beyond repair, return to invoice add-on gives you the benefit of getting back the complete amount of your car's invoice value, including the cost of registering a new vehicle and its road tax respectively.

Generally, tyre damage isn't covered in standard insurance unless the damage takes place during an accident. That's why this tyre protect add-on gives you the benefit to safeguard and cover for tyre damages such as tyre bursts, bulges or cuts during all other situations possible.

We all need a little help sometimes! Our Breakdown Assistance Add-On gives you the benefit of taking help whenever required, i.e assistance during car breakdowns at any time you'd like. The best part? It doesn't even count as a claim!

A consumable cover gives your car an additional layer of protection. It covers the cost for all your car's nitty-gritties, such as the engine oils, screws, nuts and bolts, grease, etc in a situation of an accident.

Do you know that the cost of replacing your engine is approximately 40% of its cost? In a standard car insurance policy, only damages caused during the accident are covered. However, with this add-on, you can specifically also cover for the life of your car (the engine and gearbox!) for any consequential damages caused post the accident. This could happen due to water regression, leakage of lubricating oil, and undercarriage damages.

The price of replacing or fixing the lockset of the vehicle is quite high. If you avail Key and Lock Protect add-on cover, you can get compensated by the insurer for the cost incurred.

The benefit of having this Daily Conveyance Benefit add-on cover is that you can get a fixed amount for your daily commute, if the vehicle is in the garage for a long duration of time.

In case, if you or your immediate family lose some personal belongings while travelling in the insured vehicle, Loss of Personal Belongings add-on cover can be beneficial. It ensures that you are compensated for the loss of valuables.

If you opt for this add-on cover, you declare and agree that you will run the vehicle for a maximum number of kilometres as per the plan opted for. The Pay As You Drive Cover ensures that you are eligible for a discount on the premium of Own Damage cover of the base policy.  

This is a standalone Own Damage Cover policy. Therefore, your third-party liabilities won’t be included in this. Your third-party car insurance will instead take care of the same. 

This goes against the law, therefore claims won’t be covered if you were driving under the influence of alcohol. 

As a standard rule, no car insurance can accept claims if the said person is driving illegally. Therefore, claims can only be made if you were rightly driving with a valid driver’s licence.

This is pretty obvious, isn’t it? If you haven't bought specific add-ons, you won’t be able to benefit from them. For example, without opting for a tyre protect cover- your tyre will only be protected during accidents and not beyond that. 

Consequential damages refer to damages that take place after an accident. Unfortunately, those won’t be covered unless the damage has happened during the accident itself.

In simple terms, this means your car won’t be covered if you’ve done something you weren’t supposed to do. For example; if your city was already flooded and you still took your car out. 

As per the law, if you only have a learner’s licence, you need to have someone with a permanent driver’s licence beside you. If that’s not the case, your car won’t be covered.

As mentioned above, one of the main factors of your OD premium is the current market value of your car, i.e your car’s insured declared value. 

Your car’s cc is nothing but your engine’s cubic capacity that directly affects the speed of your car. Therefore, the higher your cc- the higher will be the risk and consequently, your OD premium.

The type of your car too matters in calculating your OD premium. The more high-end your car is, the higher would be its OD premium too.

Cars too lose their value over time. Therefore, the age of your car is crucial in determining your OD premium. The older it is, the cheaper will be your OD premium.

If you’ve had an Own Damage cover earlier, and have made no claims yet, you will have a % of No Claim Bonus you can benefit from, to reduce your OD premium.

Every add-on cover comes with a price. Therefore, the number and type of add-ons you opt for will directly affect your OD premium as well.