Owning a car is a dream coming true for many Indians. When achieved, people live this dream to the fullest by keeping their cars in good condition with the help of regular maintenance and car insurance. However, it often happens that people relocate from one Indian city to the other for work or personal reasons.
Think of it like this – because of your experience and capabilities, the organization you work for wants you to relocate to the office in another city and handle a new project. You must be feeling excited about it. But you also want to work on other things to ensure successful, hassle-free relocation at the same time. Amongst all the stuff that needs to be relocated, one is your car. It’s easy to relocate your vehicle. What about car insurance?
You might have forgotten to think about the motor insurance policy while relocating to another city. Here are a few things that you need to consider while relocating to a new town with your car:
Get Your New Address Updated in the Insurance Policy
There are many reasons why your insurer needs to contact you at your home address, be it related to the car insurance premium, renewal, claim settlement, or similar other things. So, it is crucial that you inform your insurer about your new accommodation and get the address updated in your motor insurance policy.
Talk to Your Insurer about Vehicle Re-registration
When you move to another city in India either permanently or for a short tenure, you need to get your car re-registered with the insurer and get a new, local registration number. This is important as it can help you avoid issues that may arise, in case you apply for an insurance claim in the new city. You will also need a NOC certificate for your last city’s RTO to complete this process.
Look for the Network Garages Covered by Your Insurer
Most of the insurers offer cashless services for car damage repair only at some selected garages in their network throughout the country. While relocating to another city, it is important that you check the network garages in that city. In case no network garage is covered by your insurer in the new city, you will have to pay for the vehicle damage repair bills from your own pocket before getting it compensated through a claim.
Ask About the Premium Change, If Any
One factor that determines the car insurance premium you need to pay is the zone your city falls into. Depending upon your insurer’s rules and standards, the premium you will need to pay for your motor insurance policy in your new city may differ. For instance, you need to pay a higher premium on moving to a city that has a higher risk of natural disasters.
Get Your Insurance Plan Upgraded
A car insurance policy that works well in one city may not work equally well in some other region. It is because individual requirements do change when a person moves from one city to another. Hence, when moving to a new city, think about how your car insurance plan fits your requirements. If it does not, you can get it upgraded for better insurance coverage. If you only had a third-party car insurance plan before, you are advised to get it upgraded to comprehensive insurance at least.
Claim Your NCB Whenever Needed
Every insured individual gets rewarded with No Claim Bonus (NCB) when he does not make any claim in a specific tenure. If you have earned NCB before, you need not think you won’t get it on moving to a new city. It follows you no matter in which city you live. It even gets transferred when you change your insurer or buy a new car.
With all these important things in mind, you can get helped in dealing with car insurance-related chaos when relocating to a new city. Even though there are other more important things to be considered in such situations, you are advised not to ignore motor insurance.
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