ICICI Lombard Car Insurance

ICICI Lombard Car insurance Policy

The car damage due to fire explosions, earthquake, accident by external means, terrorist attack, malicious act, floods, etc. along with towing charges are covered under this policy.

Under the policy's comprehensive coverage third party and personal accidental cover for owner/driver is provided along with coverage for car damage.

Optional Coverage

Personal Accident Cover For An Unnamed Person - This option will provide personal accident cover to any individual apart from the cleaner or paid driver.

CNG Coverage - This option can be chosen at the time of buying comprehensive policy depending on requirement. However, it is mandatory declare the presence of a CNG kit in case the kit is installed. This coverage option will ensure that the CNG kit is covered.

Coverage For Electrical Accessories - This option can be chosen at the time of buying a comprehensive policy depending on requirement. It will ensure coverage for accessories like stereo, fog light, etc.

Personal Accident Cover For Named Person - This option will provide personal accident cover to an individual apart from the cleaner or paid driver who is named under comprehensive policy.

Coverage For Non-Electrical Accessories - This option can be chosen at the time of policy purchase depending on the requirement. It will ensure coverage for seats covers, wheels, etc.

Personal Accident Cover for Paid Cleaner, Conductor and Driver - This option will provide personal accident cover to a paid driver, cleaner and conductor.

Voluntary Deductible - This option can be chosen at the time of buying the policy depending on the requirement. With this option a fixed percentage of claimable expenses will be paid by the insured individual.

Discounts Offered:

Third Party Property Damage Discount - This discount is offered to individuals who opt for lower value for third party property damage.

No Claim Bonus - This discount gets activated after a claim free year. With this benefit individual gets discount on premium after every claim free year up to a maximum of 50%.

Antitheft Discount - This discount is offered for cars which have Automotive Research Association of India (ARAI) approved anti-theft device installed.

Automobile Association - This discount is offered to a car owner who is also a member of Automobile Association. Up to 5% discount on premium is offered to these members.

24/7 Roadside Assistance

This add-on benefit offers road side assistance in case of an emergency (breakdown or an accident) within 50 km from the site or breakdown. On-site repair, battery jumpstart, tyre change, car wash, towing or removal of vehicle, fuel delivery, transport of the repaired or recovered vehicle, stay expenses, etc. are offered under this benefit.

Garage Cash Cover

This add-on benefit offers daily cash allowance of INR 500 in case car is in garage. This benefit is available for a maximum of 14 days (excluding the 1st and last day)

Zero Depreciation

This add-on cover protects the vehicle from the depreciated or reduced value of car parts (this includes the paint, plastic parts, etc.). The depreciated value is anywhere between 5- 50% and is effective right after the car drives out of the showroom. Thus, with this add-on cover the out of pocket expenses of the insured are saved to a large extent at the time of claim. It is also termed as bumper to bumper cover or depreciation waiver cover.

Note: This add-on cover is available only up to 3 years from the date of purchase.

Policy Exclusions

Compulsory Deductible Amount

Ageing, wear and tear

Value Depreciation

Damage By Person Without Driving License

Damage To Tyres and Tubes

Note: All the plans mentioned below offer comprehensive coverage with exclusions and benefits mentioned above.

Claim Settlement

Cashless Garage Network -The Company has a network of around 3100+ Network Garages.