Car insurance is financial protection against damages/losses due to unexpected events like accidents, thefts, fires, earthquakes, and other natural calamities.
With HWA’s Comprehensive car insurance coverage, you will be financially secured in case of any losses to your vehicle due to an unfortunate event.
The Indian government has made third-party insurance mandatory for car owners. It covers damages caused by your car in an accident to others' lives and property.
HWA always puts their customer's needs first, including round-the-clock assistance with breakdown issues and hassle-free claims processing. Here are the key benefits of choosing an HWA car insurance policy.
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No more stress travelling at night, the HWA team is here to assist you at any time with 24*7 assistance even on national holidays.
At HWA, customer convenience is our top priority. Thus, we offer a range of add-ons to customise your comprehensive car insurance plan to suit your needs.
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HWA offers easy and swift claim settlement for minor & major claims as per the applicable policy’s terms and conditions.
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With our extensive network of garages around the country, get your car repaired without paying from your pocket under the HWA car insurance policy. Now be stress-free and enjoy the convenience of cashless assistance.
This add-on cover basically doing is nullifying depreciation associated with your car. It ensures that the policyholder receives the full claim amount without any deduction.
It allows the policyholder to keep the premium discount if they do not make claims while protecting the accumulated No Claim Bonus.
This add-on allows you to extend personal accident coverage to passengers in the insured vehicle, providing compensation in case of injury, disability, or death.
HWA provides coverage for insured vehicles towards repair or replacement of the engine, gearbox, and differential caused due to water ingression, leakage of coolant or lubricating oil.
Unlike standard insurance, this add-on covers consumable items, such as nuts, bolts, engine oil, and lubricants. We will cover such costs while settling the claim as a part of your comprehensive car insurance policy.
Get access to 24*7 Roadside Assistance in case of vehicle breakdowns including towing, fuel delivery, flat tire assistance, and locksmith services.
If third-party injury or death is due to an accident involving your car, we've got you covered for medical expenses, legal fees, and damages.
This plan covers third-party property damages caused by your car.
Damaged your car in an accident/collision? HWA car insurance plans cover damages.
HWA covers damages caused by non-collision events such as fire, vandalism, self-ignition, etc.
The other non-collision event is car theft, and you could face huge financial losses if your car gets stolen. Get compensation for your financial loss under HWA’s Comprehensive Car Insurance Policy.
Our comprehensive policy covers damages caused by natural and man-made calamities like floods, earthquakes, strikes, riots, etc.
Any damage sustained during transportation via road, water, rail, and air. It's covered under our comprehensive car insurance policy.
Each car requires routine maintenance, such as oil changes, tire rotations, and brake replacements. However, this kind of maintenance is not covered.
Any damages your car suffered before buying the policy from us cannot be covered.
Comprehensive car insurance does not cover mechanical or electrical failures.
Damages or injuries that occur while driving under the influence of alcohol or drugs, illegal racing, or engaging in crimes, HWA doesn’t cover them.
Any damage sustained while driving outside the geographical limits of India is not covered.
HWA is committed to providing convenience to our customers. For a smooth claims process, make sure to have these documents on hand:
(Note: The above list of required documents might vary depending on the claim, and policy.)
A comprehensive car insurance policy provides a broad range of risk coverage and safeguards your vehicle from unforeseen events. It is more extensive than third-party insurance.
It covers damages to your vehicle due to theft, accident, natural disasters (flood, earthquake), damage from fires, and man-made disasters (riots and terrorism), personal injury protection, and other benefits of add-ons depending on the policy.
Third-party car insurance is the most common car insurance policy that protects you from third-party liability. It provides coverage for damages and injuries caused to third parties (person, vehicle, or property) by your car.
The Third-party Policy will cover the cost of repairs to the other person’s vehicle, and medical expenses for injuries, if you unintentionally hurt a pedestrian or damage another vehicle.
| COMPREHENSIVE | THIRD-PARTY | |
|---|---|---|
| Damages/Losses to own car in case of an accident |  |
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| Damages/Losses to own car in case of a fire | |
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| Damages/Losses to own car in case of theft | |
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| Damages/Losses to own car due to natural calamities | |
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| Damage to Third-Party Vehicle | |
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| Damage to Third-Party property | |
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| Injured/death of a Third-Party | |
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| Personal Accident Cover | |
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| Benefits of Add-ons | |
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| Damages/losses to own car due to man-made calamities | |
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| Customised your policy | |
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Comprehensive Car Insurance provides wide coverage for car damage or losses in case of an accident, fire, natural disaster, burglary or theft, man-made disasters (strikes, riots, or terrorism) or damage while in transit. This policy helps you avoid significant financial burdens associated with unexpected events.
Car insurance typically includes liability coverage, which pays for bodily injury or property damage to third parties in an accident by your car. The coverage protects your financial well-being in case you are found at fault.
An important aspect of purchasing a car insurance policy is that you do not have to undergo a long and cumbersome process that causes inconvenience. With HWA Car Insurance, you can rest assured of financial protection. Additionally, you can buy or renew your plan and file a claim within a few minutes.
As per the Motor Vehicles Act, all vehicles must have third-party insurance. By not having one, you risk breaking the law and exposing yourself to financial expenses due to car/third-party damage.
With comprehensive car insurance, you will receive better coverage for your car by adding add-ons like zero-depreciation cover, return to invoice cover, consumables cover, and breakdown assistance, among others.
Choosing the right car insurance policy is crucial to protect your vehicle and yourself from unforeseen risks. The following insights and highlights will help you choose the right car insurance policy:
Everyone doesn't have time to handle paper hassles. Therefore, always look for car insurance where getting one doesn’t involve long, cumbersome processes. With HWA, you can buy car insurance without hassle.
We Indians love a few extra benefits on everything, don’t we? Therefore, you should look at car insurance that offers add-on services. At HWA, we offer various add-ons to ensure you get comprehensive insurance cover for your car.
The reason we get car insurance is to cover claims! Therefore, choose an insurance provider who offers a quick and smooth claim process for your desired car insurance.
Claim settlements are getting your compensation done right. So, don’t forget to check the CSR (Claim Settlement Ratio) of your car insurance, so that your claims will be settled!
IDV is the market value of your car and is one of the most critical parts of your car insurance. This is because it directly affects your car insurance premium and the maximum amount you will receive during claims - your claim amount as well. Hence it’s crucial to check before buying a car insurance policy.
One of the most underrated aspects of car insurance is customer support. Therefore, opt for an insurer that provides 24x7 customer support so that you can always rely on it!
As your car gets older with each passing year due to the normal wear and tear of its parts, the IDV also falls. Opting for zero-depreciation coverage will reduce your premium marginally.
Insured Declared Value (IDV) represents the car's current market value, and the higher the IDV the higher the premium. You can improve your chances of a claim by increasing your voluntary deductible or, more simply, by increasing how much you pay. The rest is taken care of by the insurer, which significantly reduces the premium amount.
Where you reside and park also affects your car insurance premium. For instance, if you live in an area where traffic is less and accidents are less likely, the premium can be lower. On the other hand, if you live in metro cities where traffic is dense, your premium amount may be higher to offset any potential damage.
Your premium will vary based on your car's manufacture and model. Insurance for a luxury car has higher premiums than standard hatchbacks. Car premium is directly influenced by the car model, engine size, and fuel efficiency.
In comparison, diesel and CNG cars are more premium than petrol cars. You can easily find out the premium amount for your car and its fuel type while buying car insurance.
If you do not raise any claims in a policy year, the insurer will reward you with a discount on your next policy renewal premium. This discount is in the form of a No-Claim Bonus. But suppose you have a bad claim history. As a result, the probability of getting damaged or involving higher claims will impact the no-claim bonus component.
Comprehensive Car Insurance Policies can be customizable with different add-ons that will bring you a higher premium for additional protection.
Owning a luxury car is a big deal for most people. Hence comprehensive insurance coverage is the best option to protect against third-party liability and own damage.
Additionally, taking the right add-ons is necessary to make the luxury car insurance’s wide coverage. For instance, an engine protection cover and a parts protection cover.
People often ignore the importance of car insurance for an old car. However, third-party insurance is mandatory from a legal perspective. Also, if the car is 5 or 6 years old, we advise you to have comprehensive car insurance for repairs or replacement in case of fire, accidents, theft or other unforeseen incidents.
Getting car insurance with add-ons such as roadside assistance, and engine and gearbox protection will safeguard you and your car in case of uncertainties.
Some people do keep things out of sentimental value and if you have a car lying around that is rarely driven, it is still necessary to take a third-party insurance as per law. As you won't drive the car, you won't need other add-ons.