SBI General Insurance is urging new vehicle owners to examine cover limits, deductibles, add-ons and claims procedures before setting out on festive journeys.
As the festive season brings a surge in vehicle deliveries and road travel, SBI General Insurance is urging buyers to look beyond the bare minimum of third-party cover and check the details of their motor policies before taking the wheel. The insurer says that a little scrutiny at the point of purchase can help motorists avoid unpleasant surprises later, particularly if they are planning long journeys or driving in unfamiliar conditions.
In its guidance, the company recommends that buyers compare comprehensive insurance with compulsory third-party cover, which only protects against liability to others and does not pay for damage to the insured vehicle itself. SBI General says comprehensive policies can also include protection for theft, fire, accidents and certain natural disasters, subject to policy terms, making them more relevant for many new owners. It also advises customers to read the exclusions, deductibles and claim procedures carefully so they understand where cover begins and ends.
The insurer says the insured declared value, or IDV, deserves close attention because it affects the amount payable if a vehicle is stolen or written off completely. It also urges customers to verify that vehicle details and policyholder information are accurate before the policy is finalised. Among the add-ons it highlights are roadside assistance, zero depreciation, consumables cover, key cover and engine protection, with motorists encouraged to judge whether each extra is worth the cost for their circumstances.
SBI General also points to usage-based products, including Pay As You Drive and Pay How You Drive, which link premiums or benefits to mileage or driving behaviour. For motorists heading on highway trips, it recommends keeping customer-care and roadside assistance numbers to hand and carrying essential vehicle and insurance documents. The insurer says it has more than 8,700 network garages across India, alongside cashless repair facilities and roadside support services.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
