Best Car Insurance, Bikes, 2-Wheeler Insurance Agent / Consultant in Wakad
Bikes 2-Wheeler Insurance in Wakad - MustInsurance
Bikes 2-Wheeler Insurance in Wakad - MustInsurance
How to buy the best and the cheapest two-wheeler insurance policy online?
How to buy the best and the cheapest two-wheeler insurance policy online? A two-wheeler insurance policy is a mandatory requirement if you own a bike. This mandate was passed under the Motor Vehicles Act, 1988 and includes all the vehicles running in India. So, if you own a bike, you are required to own a valid insurance policy on it too. Though a bike insurance policy is mandatory, there are ways in which you can keep premiums affordable. However, before going into the premium of two-wheeler insurance, let’s have a look into the types of policies available and the coverage that they provide – Types of two-wheeler insurance plans There are two types of coverage options which are available under two wheeler insurance plans. These are as follows – Third party liability coverage Under this cover, the third party financial liability is covered which is incurred when you damage someone’s property or if any individual is physically hurt due to your bike. Third party liability coverage is the cheapest two wheeler insurance policy which is also mandatory as per law. Comprehensive package coverage Under comprehensive coverage, there are two coverage components. One is the mandatory third party liability coverage which covers […]
Top #8 Tips you must check for authentication of bike insurance policy
Top #8 Tips you must check for authentication of bike insurance policy If you have a bike, you should also have a bike insurance policy covering it. The Motor Vehicles Act, 1988 specifies that every vehicle on Indian roads is required to have a valid insurance cover. So, just like you need a driving license to drive, a bike insurance policy is also required. Just because the policy is mandatory, your dealer usually bundles up a policy when you buy a new bike. You can also choose and buy a bike insurance policy yourself. The online medium has made buying two wheeler insurance plans easy and quick. However, after you have bought the policy, it is necessary to ensure that the policy is authentic so that you can avail a valid coverage. Imagine making a claim under the policy and finding out that the policy is a fake! Authentication of your online bike insurance policy can be done using the following tips – Tip#1 – Confirm with the insurance company After buying the policy, call the insurance company to check whether the policy is genuine or not. You would just have to provide the policy number, which is mentioned on the policy document, and […]
Car / Commercial Vehicle Insurance in Wakad - MustInsurance
Car / Commercial Vehicle Insurance in Wakad - MustInsurance
Insured Declared Value (IDV) – Details and Calculator (Car)
Insured Declared Value (IDV) – Details and Calculator (Car) Motor insurance is a compulsory requirement to ply your vehicle on Indian roads. When it comes to buying motor insurance plans, brochures and the policy-related document is often loaded with many insurance jargons which can make it confusing for you to understand. Insured Declared Value or IDV is one such jargon which needs to be understood properly to make the right and informed buying decision. So, what is insured declared value or IDV? Let’s understand as to what insured declared value or IDV means, how it is calculated and how IDV is going to impact your vehicle insurance policy. What is Insured Declared Value (IDV)? Insured Declared Value or IDV means the current market value of your vehicle. IDV represents the maximum sum insured fixed by the insurance company that will be payable during the total loss of vehicle during an accident or on the theft of the vehicle. IDV is calculated after factoring in the depreciation. Calculation of Insured Declared Value (IDV) Insured Declared Value (IDV) = Manufacturer’s listed selling price (excluding insurance and registration cost) – a depreciation of the vehicle Depreciation is deducted as per the schedule. Due to the depreciation factor, insured declared value (IDV) of the vehicle decreases […]
Buying new car insurance? Know the important factors
Buying new car insurance? Know the important factors If you have bought a new car your car dealer must have suggested a new car insurance policy with it too. Do you know why? A car insurance policy is mandatory to comply with the provisions of the Motor Vehicles Act, 1988. The Act states that every car which runs on Indian roads should have a valid car insurance policy attached to it. If you are found to be driving without a valid car insurance cover, you face legal penalties which might also lead to imprisonment. That is why when you buy a new car you often get the new car insurance policy bundled in the cost. Though a car insurance policy is mandatory, you should know the aspects of the cover so that you know exactly what you are covered for. Since you are buying a new car insurance policy, here’s a complete guide to understanding the policy – Types of new car insurance plans There are two types of car insurance plans which are available in the market which you can choose from. These are as follows – Third party liability plans are mandated by the Motor Vehicles Act while comprehensive plans are bought as per […]
A detailed guide to third party car insurance
A detailed guide to third party car insurance Traffic rules and guidelines are determined by the Motor Vehicles Act, 1988. The Act states the rules for all types of vehicles which run in India. One such rule of the Act is that every vehicle should have a third party insurance cover on it. Only if the vehicle has a valid insurance cover can it run on Indian roads? If you have a car you would also need a valid third party insurance cover on it. While many of you understand that the cover is necessary, do you understand the coverage benefits of third party insurance? If you don’t, here’s a detailed analysis of third party car insurance plans – What is a third party insurance policy? A third party insurance policy is a mandatory motor insurance policy which covers any type of third party losses which are caused by the car. The policy covers the losses and pays the financial liability which is suffered by the car’s owner. How does third party insurance work? Under a third party insurance policy, three parties are involved which are as follows – The first party which is the car’s owner who buys the plan Second-party is the insurance company which covers the […]
All You Need to Know About Tractor Insurance in India
All You Need to Know About Tractor Insurance in India India is an agriculture-oriented country where more than 70% of its land is under agriculture. Agriculture, therefore, is the primary source of livelihood for most of the population of India. Tractors are an important component of the agriculture process as they help farmers in the cultivation and harvesting process. That is why tractors are very popular and in-demand among farmers and land-owners who use their lands for cultivation purposes. If the tractor faces damage, the farmers face a considerable financial loss. This is why tractor insurance policies become necessary. Besides the need to cover financial loss, since tractors are a type of vehicle, they need a valid insurance policy on them due to the provisions of the Motor Vehicles Act. Tractor insurance policies are, therefore, compulsory for tractors. Tractor insurance policies are sold by many insurance companies. These policies fall under the commercial motor insurance policies and they offer coverage for farm or commercial tractors. What is tractor insurance? A tractor insurance policy is a commercial motor insurance policy which covers tractors against damages suffered. There is also a third party liability coverage wherein damages caused by tractors are also compensated by […]
All You Need to Know About Motor Insurance Policies
All You Need to Know About Motor Insurance Policies Motor Insurance-Overview Today, having your own vehicle and commuting using your own vehicle has become a necessity rather than a luxury. Short distance commute can be done easily by motorbikes and other two-wheelers whereas long-distance commute needs a four-wheeler. Travelling by a two-wheeler is advantageous in case of heavy traffic and it is also fun, especially for the younger generations; whereas commuting by a four-wheeler gives comfort. However, several risk factors are associated when you are commuting either by motorbike or by a car on the Indian roads. So, it is necessary to ensure the protection of your vehicle against any such risk factors and this can be feasible by vehicle insurance or motor insurance. Vehicle insurance or motor insurance is an agreement between the insurance provider and you for ensuring the protection of your vehicle in case of an unprecedented incident on the roads. Vehicle insurance is a mandate for all vehicles that are being used on the Indian roads. The main objective of vehicle insurance or motor insurance is to ensure the protection of your vehicle against any damage caused by natural or man-made calamities. With the recent amendments made to the Motor Vehicle Act, 2019 it has become […]
Third-Party Vs Comprehensive insurance: Which to opt for?
Third-Party Vs Comprehensive insurance: Which to opt for? Traffic rules and regulations are laid down in the Motor Vehicles Act, 1988. The Act specifies the rules for driving on Indian roads for all types of vehicles. One such rule specified by the Act is the requirement of a valid insurance policy on the vehicle. The Act states that if a vehicle is to be used on Indian roads, the vehicle should have valid insurance coverage. This coverage would protect the interests of third parties if the vehicle causes them any type of harm. Based on the directives of the Motor Vehicles Act, 1988, motor insurance policies are offered by general insurance companies. These policies fulfil the legal mandate of the Act and also help the vehicle owner deal with financial losses associated with the vehicle. Motor insurance policies come in two variants – third-party liability and comprehensive. Let’s understand these variants and the coverage that they offer: Third-party liability insurance A third-party liability policy covers any third party liability that you face in case of accidents involving your vehicle. These liabilities include the following – If any individual is killed due to your vehicle, you face a financial liability If […]
Ultimate guide to choose best car insurance policy in 2019
Ultimate guide to choose best car insurance policy in 2019 In India, car insurance is a mandatory requirement for all car owners, courtesy the Motor Vehicles Act passed in the year 1988. So, every proud car-owner in the country is also the owner of a car insurance policy. Though car insurance is mandatory, when it comes to buying or car insurance renewal, many car owners don’t know how to choose the best car insurance in India. The technical nature of the policy often confuses them. What about you? Do you know how to buy the best car insurance policy in India? If you don’t, no need to worry. Here are some pointers to keep in mind when buying car insurance. These are an ultimate guide to help you choose the most suitable and the best car insurance policy in 2019 – Choose the correct type of plan When you look for car insurance, you would find third party car insurance online as well as comprehensive plans. These are the two types of car insurance policies which are available in India. While third party plans cover only the financial liability you face in case of causing a loss to a third party, comprehensive plans also cover the […]
Best Car Insurance Companies in India (Updated List)
Best Car Insurance Companies in India (Updated List) Cars are no longer considered to be a luxury. Thanks to the lower-priced car models available in the market, almost everyone can afford a car in today’s times. The need for a comfortable commute has become important and so more and more individuals are investing in a car for themselves and their families. As the demand for cars is increasing, so is the demand for car insurance policies. The Motor Vehicles Act, 1988 has made it mandatory for car owners to have a valid car insurance policy. If you own a car you need to get it insured as per the provisions of the Motor Vehicles Act, 1988. Car insurance in India comes in two variants. These are as follows – Third-party liability policy This is the policy which the Act mandates. The policy covers the financial liability that you face in case you cause harm to another individual. The liabilities covered include the following – Liability suffered if an individual is killed by the car Liability suffered if an individual is physically hurt or injured by the car Liability suffered if an individual’s property is damaged by the car Comprehensive policy […]
Do you know the coverage of your two-wheeler insurance policy?
Do you know the coverage of your two-wheeler insurance policy? What do you do when you buy a new bike? You check its features, fuel efficiency, mileage, power, colour, price and other aspects ensuring that you select the best. Do you pay so much attention to the bike insurance policy which is also bought along with your bike? As per the provisions of the Motor Vehicles Act, 1988, your bike should have a valid two wheeler insurance cover on it if you want to drive it around. While the requirement of two wheeler insurance is common knowledge, the coverage that is available under the plan is not so commonly known. Many bike owners are clueless about the instances which would be covered by their bike insurance policies. This lack of knowledge is largely because of the technical concepts of insurance which escapes people’s understanding. So, let’s simplify the coverage aspects of two wheeler insurance policies. Coverage under two wheeler insurance plans depends on the type of policy that you buy. There are, essentially two types of policies, third party liability only plans and comprehensive plans. Moreover, there are also additional riders, called add-ons, which are available with comprehensive policies. Let’s, therefore, understand these […]
A beginner’s guide to comprehensive car insurance
A beginner’s guide to comprehensive car insurance Indian traffic rules are governed by the Motor Vehicles Act which was passed in the year 1988. The Act lays down the rules which every vehicle should follow. One such rule prescribed by the Act is the requirement of a valid car insurance policy on every car which is running on Indian roads. The Act requires you to have a third party liability coverage which would protect the interests of other individuals if they suffer any loss due to your car. However, the third party cover does not cover the damages that your car might suffer. For such damages you would have to bear the repair costs yourself. But aren’t the repair costs too expensive? They are and so there is a comprehensive insurance policy for your car which covers the damages suffered by the car itself. Do you know what the policy is all about? What is comprehensive insurance meaning? A comprehensive car insurance policy is a policy which covers both third party liabilities as well as the damages which are suffered by the car itself. If the car is involved in an accident and gets damaged, a comprehensive insurance policy would […]
Commercial Vehicle Insurance – Compare and Buy Insurance Plans
Commercial Vehicle Insurance – Compare and Buy Insurance Plans Every vehicle plying on the Indian road needs to be mandatorily insured. If you are running a business, Insurance required is needed for commercial vehicles also such as passenger-carrying vehicles, goods carrying vehicles, miscellaneous vehicles such as Cranes, Trailers and tractors. It is important to have comprehensive coverage for commercial vehicles as road mishaps can result in heavy liability and make your business suffer. What is commercial vehicle insurance? Commercial vehicle insurance is a type of motor insurance policy that provides coverage against liabilities arising out of third-parties when involved in an accident, loss or damage to the insured vehicle against various man-made and natural calamities along with personal accident coverage to the owner and paid driver. This coverage is also referred to as commercial car insurance and commercial truck insurance as insurance is most commonly associated with company cars and goods carrying trucks. Why do you need commercial vehicle insurance? Commercial vehicles are an important part of many businesses. If you are running a business and using vehicles for business purposes, it’s important to insure them adequately. Following are the main reasons why you need to insure your commercial vehicle: In case your commercial vehicle is involved […]
How to Check Vehicle Insurance Status Online?
How to Check Vehicle Insurance Status Online? Vehicle insurance which is also known as motor insurance is insurance for two-wheelers, cars and commercial vehicle. The main objective of these insurance plans is to provide protection against bodily injury and physical damage caused by the vehicle due to accidents and traffic collisions. Liabilities arising from bodily injury and damage caused to the third party is a compulsory coverage needed for every vehicle plying on Indian road as per the Motor Vehicle Act. Motor insurance plans come in comprehensive packages also which gives protection to the owner-driver and to the vehicle against man-made and natural calamities risk. Vehicle insurance status can be checked online in many ways. The motor insurance industry in India Currently, the Indian general insurance industry is growing rapidly. There are 33 general insurance companies operating in India. Motor insurance business contributes to a major percentage of over 50% to the growth of the general insurance industry. As insurance providers are coming up with customisable and personalised motor insurance plans, the industry is growing rapidly. As per the recent findings, the total gross premium of the motor insurance industry is expected to cross 17 billion $ mark by the […]
Is it time to change your car insurance company?
Is it time to change your car insurance company? Car insurance policies are mandatory as per the rules laid down in the Motor Vehicles Act, 1988. Every car is supposed to carry a valid insurance cover on it to run on Indian roads. The policies come for a specified tenure. Once the tenure is over, the policy should be renewed for continuous coverage. At the time of renewal you have the option of continuing the same policy or switching car insurance to another insurer. You can switch your insurer and still continue to retain the accumulated no claim bonus of the earlier policy. Though switching car insurance is allowed, is it a wise move? Changing car insurance companies should be done with careful consideration. You should change companies when you find better alternatives elsewhere. When you are careful in choosing another company, you can get better benefits in another policy than those promised by your existing one. So, it is time to change your car insurance company if another company is offering you the following:- A higher IDV IDV is the Insured Declared Value of your car insurance plan. It represents the market value of your car after deducting depreciation based on the car’s age. […]
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How can Wakad Online Directory listings boost traffic to my website?
Wakad Directory is actively indexed website (ie; appearing in google searches) and because of this, your business which is listed on Wakad Directory will appear in google search results when someone searches for terms relevant to your business.
As a business directory, our website is heavily indexed by google.
Does listing at Local Directory cost effective versus listing at a national Directory?
National level Directory listing usually is quite costly for small to medium-sized businesses as the annual billing can start anywhere from Rs.10000 and above. The drawback of a national level directory is that the searcher many times cannot find very location specific search results as the results get influenced by businesses listed across multiple areas.
The Biggest Cost to Value benefit of listing your business on Wakad.in is that at just Rs.3000 for 1st year and subsequent renewals at Rs.1000 per year, you get the following 12 Rich Features:
- 4 web pages of your Business, Products & Services description. This means, you don’t even need a dedicated website where you will spend large money to make it, then to get it into a search engine, domain renewal annual fees, hosting fees. Instead just list on Local Directory engines like ours where you get the same value. We also provide online store capability or payment collection facility for just 5% deduction.
- Top Banner picture of your Business on your listing page
- Up to 20 pics of your products/services
- Direction Guidance Button for customers to reach you Biz location
- Contact Form for businesses to reach you via email
- URLs / Links of your Website, facebook and other social media channels.
- Up to 2 Discount Coupon per year (you share us and we load it)
- Up to 2 Events per year (you share us and we load it)
- Your Biz Listing will appear in Google search engine page searches.
- Your Premium Business Listing details will be posted on our Local facebook pages (eg; facebook.com/mywakad , www.facebook.com/pimplesaudagar.in )
- FREE Twitter integration. You keep your LISTING ACTIVE WITH YOUR LIVE TWEETS.
- Whatsapp share button (easy for you as a business to share your business offerings to prospects over WhatsApp)
Can small businesses profit from using online local directories?
Profit is an equation of Cost versus Revenue. At just Rs.3000 per year, you get the opportunity of being on a local search engine, appear in Google search results giving you FREE ORGANIC traffic, being part of Local Directory Android App (coming soon), a listing which is managed by Directory team and tuned to your best interest of capturing Google or Bing search traffic is certainly a LARGE VALUE FOR MONEY.
Marketing as we all know is a multi-pronged approach. Businesses rely on promoting local businesses via Print leaflets, SMS marketing, Email Marketing, Google Adwords, Facebook marketing and various other social channels. Print is no more seen as a Cost-Effective means of advertising as the Digital mediums of marketing like Paid Listing or Banner Ads brings measurable way to spend your marketing budget. Also, the BIGGEST advantage of Paid Listing is also achieving customer interaction and increasing footfalls in a very cost effective way.
The intent is that it will bring customers to actual brick-and-mortar businesses that are located near them, meaning that small businesses have the most to profit from being listed. And if your business isn’t listed, there’s a good chance that your competitor’s is, and that customers will go to them instead of you.
Wakad Business Directory, Events, Property, Education, Healthcare, Financial Services, Wakad Jobs & Online local Bazaar