The care & protection your car deserves
At Prominent insurance and investment consultancy, we understand that your car is more than just a means of transportation; it's an essential part of your daily life. That's why we are here to provide you with expert guidance and reliable car insurance solutions to protect your valuable asset and keep you on the road with peace of mind.
Why Choose Prominent Car Insurance Advisors?
Expert Advice
Our team of experienced car insurance advisors is well-versed in the intricacies of the insurance industry. We stay up-to-date with the latest trends and regulations, allowing us to provide you with accurate and reliable advice. Whether you're a first-time car owner or a seasoned driver, we have the expertise to help you find the right insurance coverage.
Customized Coverage
We understand that every driver's insurance needs are different. Our advisors take the time to assess your specific requirements and tailor a car insurance plan that suits your driving habits, vehicle type, and budget. With our personalized approach, you can rest assured that you're getting the coverage you need without paying for unnecessary extras.
Competitive Rates
We understand that affordability is essential when choosing car insurance. As independent advisors, we work with multiple insurance providers, allowing us to compare rates and find the most competitive premiums without compromising on coverage quality.
Wide Range of Coverage Options
At Prominent car insurance, we offer a comprehensive selection of coverage options to protect you and your vehicle. From basic liability coverage to full-coverage policies that include collision, comprehensive, and uninsured/underinsured motorist coverage, we have options to suit drivers of all kinds.
Claims Assistance
Dealing with a car insurance claim can be stressful. Our dedicated claims support team is here to guide you through the process and ensure that your claim is handled efficiently. We advocate on your behalf to achieve a fair and timely resolution, so you can get back on the road as quickly as possible.
What is covered under a Private Car Motor Insurance policy?
| Inclusions | Exclusions |
| Cover for damages to your vehicle | Damages to the vehicle when it was being used for illegal purposes |
| Cover for damages caused by natural calamities | Accidents that are deemed fraudulent by the insurer. |
| Personal accident cover | Damages incurred by the vehicle when it was being driven by someone who was under the influence of alcohol or drugs. |
| Cover for damages incurred due to man-made disasters | Damages incurred by the vehicle when driven by someone who does not have a valid driving license and has not attained the legal driving age. |
| Theft | Damages incurred by the vehicle when the driver was breaking traffic rules |
| Damages to property | Damages incurred by the vehicle when the car insurance policy had expired |
| Wear and Tear of the vehicle including Depreciation | |
| Electrical or Mechanical failure | |
| Loss/damage to the car caused by war, revolt, or nuclear risk |
Liability Insurance
Our liability insurance provides coverage for injuries and property damage you may cause to others in an at-fault accident. It's a fundamental requirement for all drivers and helps protect you from potential financial liabilities.
Comprehensive Coverage
Comprehensive insurance protects your vehicle against non-collision-related damages, such as theft, vandalism, natural disasters, and more. It offers added protection and peace of mind for a range of potential risks.
Collision Coverage
Collision insurance covers the cost of repairs to your vehicle if it is damaged in a collision with another vehicle or object, regardless of fault. This coverage ensures that your car can be repaired or replaced if it sustains damage in an accident.
Network of Cashless Garages
There are a number of garages with which a car insurance company partners for the facilitation of cashless insurance claims. While choosing a car insurance company, one must check the strength of the network of cashless garages of the insurance company. One must also see if there are enough cashless garages in the vicinity of his/her locality.
Claim Settlement Ratio
Claim Settlement Ratio tells the number of claims settled by a car insurance company out of all the claims received by it during a financial year. It is always good to go with an insurance company with a high claim settlement ratio.
Availability of Add-ons
Add-ons refer to extra coverages that can be opted with a standard car insurance policy to extend the coverage. Add-ons are available with own-damage and comprehensive car insurance and can be opted for at the time of policy purchase as well as renewal.
There are various factors that should be considered while choosing the best car insurance company. Some of the factors are Claim Settlement Ratio, Number of Network Garages, IDV (Insured Declared Value) offered Availability of Add-ons, etc. On the basis of claim settlement ratio for the FY 2018-19, the best car insurance companies IFFCO Tokio General Insurance Company (96.44%), Royal Sundaram General Insurance (94.07%), Oriental Insurance Company (93.16%), Universal Sompo General Insurance (92.45%) and New India Assurance (92.23%).
Claims Documents to be submitted
Accident Damages:
- Completed claim form
- Policy / Cover Note copy
- Copy of Registration Book (RC Book), Tax Receipt (Original required for verification)
- Copy of Motor Driving License (with original) of the person driving the vehicle at the accident
- Police Panchanama / FIR (In case of third-party property damage/ death / body injury)
- Estimate for repairer, where the vehicle is to be repaired – network garage or otherwise
Theft Cases:
- Completed claim form
- Policy / Cover Note copy
- Copy of Registration Book (RC Book), Tax Receipt (Original required for verification)
- Copy of Motor Driving License (with original) of the person driving the vehicle at the accident
- Police Panchanama / FIR and final investigation report/JMFC report
- All the sets of keys/service booklets/Warranty card
- Acknowledged copy of letter address to RTO intimating theft and making vehicle “NON-USE”
- Any other document required by the insurer, based on their investigation, if any