Car Insurance Explained: A Simple Guide for Buyers

Car insurance can feel confusing, but the basics are simple. Here's what actually matters. Two main types Third-party insurance is the legal minimum in India — it covers damage you cause to others, but not your own car. Comprehensive insurance covers both, including theft, fire, and accidents to your own vehicle. For most owners, comprehensive is well worth it. IDV (Insured Declared Value) This is the maximum amount you'd get if your car is stolen or totalled. A higher IDV means a higher premium but a bigger payout. Don't set it too low just to save on premium. No-Claim Bonus (NCB) Every claim-free year earns you a discount on renewal — up to 50% over time. If you're buying a used car, ask whether the NCB can be transferred. Add-ons worth considering Zero-depreciation cover, engine protection, and roadside assistance are popular add-ons that can save you money after a claim. When you buy from DealCars, we help you transfer or arrange insurance so your new car is road-legal from day one.