https://www.taxtmi.com/news?id=40581 Third-party car insurance is legally mandatory but does not cover vehicle damage; buyers should consider comprehensive policies with add ons like Zero Depreciation, Engine Protection, Roadside Assistance, and NCB Protection. Evaluate Insured Declared Value (IDV) for premium versus payout trade-offs, review insurers' Claim Settlement Ratio and service experience, and choose voluntary deductibles aligned with personal finances. Ensure Personal Accident Cover includes passengers and confirm access to a wide cashless garage network and efficient online claim processes to minimise upfront costs and operational friction. en-us Fri, 11 Apr 2025 13:01:04 +0530 Fri, 11 Apr 2025 13:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40581 Third-party car insurance is legally mandatory but does not cover vehicle damage; buyers should consider comprehensive policies with add ons like Zero Depreciation, Engine Protection, Roadside Assistance, and NCB Protection. Evaluate Insured Declared Value (IDV) for premium versus payout trade-offs, review insurers' Claim Settlement Ratio and service experience, and choose voluntary deductibles aligned with personal finances. Ensure Personal Accident Cover includes passengers and confirm access to a wide cashless garage network and efficient online claim processes to minimise upfront costs and operational friction. News - Fri, 11 Apr 2025 13:01:04 +0530 https://www.taxtmi.com/news?id=40581