Pay-as-you-drive (PAYD) motor insurance plans are gaining popularity among consumer segments such as hybrid and remote workers, households with multiple cars and homemakers, a PolicyBazaar report revealed. The report mentioned that hybrid or work-from-home employees comprise 35 per cent of PAYD customers. They represent the largest share of the customer base. Pay as you drive … Read more
These include engine protection cover, zero depreciation cover, tyre protector, assistance cover, flood assistance cover, EMI protection cover, and consumables cover. Let’s explore how these add-ons can provide comprehensive protection for your car this rainy season. Also Read: Planning a new car? Here are the latest car loan interest rates from top banks Engine protection … Read more
Have you ever thought of the financial burden your vehicle insurance incurs regardless of the vehicle’s usage? What if you take your car out of the garage only once a week for a short drive. Effectively, less car usage means lower possibility of collision and therefore, leads to fewer insurance claims. This should, ideally, incentivise the … Read more