ICICI Lombard Car Insurance

Product Overview

ICICI Lombard Car Insurance provides financial protection against damages to your car as well as third-party liabilities. It offers multiple plans like Comprehensive, Third-Party, and Own Damage cover, along with add-ons for enhanced protection.

Eligibility Criteria

✔️ Applicant must be a vehicle owner in India
✔️ Valid Registration Certificate (RC) required
✔️ Applicable for new & used cars
✔️ Policy can be purchased or renewed online

Features and Benefits

✔️ 15,000+ network garages for cashless repairs across India
✔️ Quick claim settlement with digital process & mobile app
✔️ Coverage against accidents, theft, fire & natural disasters
✔️ Third-party liability cover (legal & financial protection)
✔️ No Claim Bonus (NCB) transfer facility
✔️ Customisable add-ons (Zero Depreciation, Engine Protect, RSA)
✔️ Instant policy issuance & renewal online
✔️ Doorstep & cashless claim services available

Fees & Charges

✔️ Premium: Based on vehicle type, IDV, location & add-ons
✔️ Third-party premium: As per IRDAI guidelines
✔️ Add-on charges: Extra based on selected cover
✔️ Deductibles: Applicable during claim settlement
✔️ No Claim Bonus: Discount on renewal for claim-free years

Documents Required

???? For Policy Purchase / Renewal

✔️ Vehicle RC (Registration Certificate)
✔️ Previous insurance policy (if renewal)
✔️ Driving License
✔️ ID proof

???? For Claim

✔️ Duly filled claim form
✔️ RC copy of vehicle
✔️ Driving License
✔️ FIR (if required – theft/major accident)
✔️ Repair estimate & bills
✔️ Policy document

FAQs

Q1. What types of car insurance plans are available?
Ans. Comprehensive, Third-Party, and Own Damage plans are available.

Q2. What does comprehensive car insurance cover?
Ans. It covers own damage, theft, accidents, natural disasters, and third-party liabilities.

Q3. Is third-party insurance mandatory?
Ans. Yes, it is mandatory under the Motor Vehicles Act in India.

Q4. What is No Claim Bonus (NCB)?
Ans. It is a discount on premium for not making any claim in the previous year.

Q5. Can I customize my policy?
Ans. Yes, you can add covers like zero depreciation, roadside assistance, etc.

Terms & Conditions

✔️ Policy coverage varies based on plan and add-ons selected
✔️ Claims are subject to policy terms and verification
✔️ Exclusions include wear & tear, mechanical breakdown, illegal driving, etc.
✔️ Third-party liability limits as per regulatory norms
✔️ Final approval and claim settlement at insurer’s discretion