<h1>Understanding Car Insurance's Impact on Resale Value in India: Comprehensive Coverage and No-Claim Bonus Boost Prices.</h1> Car insurance significantly influences the resale value of cars in India. While third-party insurance is mandatory, comprehensive coverage offers broader protection, impacting resale positively. Cars with a high no-claim bonus (NCB) tend to have higher resale values, as they indicate good maintenance and fewer accidents. To enhance resale value, car owners should avoid claiming minor damages, opt for comprehensive coverage, and maintain a clean insurance record. Zurich Kotak General Insurance, a joint venture between Zurich Insurance Group and Kotak Mahindra Bank, emphasizes the importance of understanding insurance's role in the growing Indian automotive market.