It sometimes makes sense not to make small claims. Ideally, whenever your vehicle is damaged, get an estimate for the repairs. If the No Claim Bonus under your vehicle insurance you stand to forfeit in the forthcoming year exceeds the estimate, it makes sense not to raise a claim and instead pay for the damage yourself. For example, if your vehicle met with an accident on the 1st year itself and the estimate comes to Rs.2000, you should not make a claim as it is less than the NCB you will bear in the corresponding year which is Rs.2251 (Rs.11257- Rs.9006)

• Though they are already mentioned in your four-wheeler insurance policy, here is a handy list for your convenience: o A copy of the insurance policy o Driving license: if the claim had occurred while plying on the road • Claim form appropriately filled (a copy of the same can be kept with the policyholder for future reference) • Registration Certificate along with the original for verification • Pollution Certificate Copy (On lines with recent central govt. amendment in law • Fitness Certificate of the vehicle • Vehicle permit: if the vehicle is a commercial vehicle • Repair estimate - it is given by the insurance company • Spot photos & intimation to police authorities if the vehicle has sustained multiple impacts or involved bodily injury *Other than the above-mentioned, on a case-to-case basis, the requirement may vary.

• Intimate theft claims to the insurance company without any delay • Intimate policy authorities and initiate steps to Lodge an FIR (at the jurisdiction level) • The insurer appoints an investigator to verify the facts and coordinate with the customer • On the insurer's advice, RTO is informed of the cancellation of the vehicle registration; the acknowledgment for the same is provided by the Transport Authority • Keep the following documents handy while making a claim- o Copy of the four-wheeler insurance policy document o Duly signed claim form o Registration Certificate o Copy of FIR o Intimation letter addressed to RTO o Keys (two sets) of the vehicle • At a later stage, the following is to be arranged o NTC - non-traceable certificate duly attested by court authorities o RC Cancellation acknowledgment from RTO • Submit the photocopy of the FIR and the documents mentioned above, along with the four-wheeler keys and a non-traceable certificate from the police, to your insurance company

The following are the factors that help in deciding the best suitable policy that caters to your requirements: • The IDV (Insured Declared Value) of the four-wheeler • No Claim Bonus • Add-ons • Premium Amount • Brand Value

If your four-wheeler insurance expires, your four-wheeler will be at risk and no financial assistance will be provided by the insurer. To renew, you must contact the agent as soon as you realize your four-wheeler insurance coverage has expired. He will be well-versed in the procedure.

Third-party four-wheeler insurance protects you against any legal duty to a third party in the event of an accident or damage. If you expect speedy resolutions, it's crucial to inform the insurance company about the accident as soon as possible. So, you need to buy a suitable four-wheeler insurance policy. You can check various policies and compare four-wheeler insurance online these days.

Deductibles are part of the claim amount borne by the policyholder at the claim time. The amount that the insured has to pay from his pocket in case of claim settlement and the rest amount paid by the insurance company.

A four-wheeler insurance policy can’t be canceled unless there is a genuine case* and is intimated within one month from the date of purchase of the policy. *Genuine cases can be if there is an alternate policy done for the exact vehicle or in case you want to sell the four-wheeler. However, there are no cancellation charges applicable (depending upon the T&C mentioned in the policy)