Unmasking Car Insurance Myths: What You Need to Know!

Zurich Kotak General Insurance clears misconceptions about car insurance in India. Key myths include thinking third-party insurance is adequate, and believing premiums rise with vehicle age. The reality is comprehensive coverage includes more protection, and premiums typically decrease with car depreciation. Understanding these myths aids better policy decisions.

Zurich Kotak General Insurance has debunked several myths concerning car insurance in India, targeting common misconceptions that often mislead car owners.

One major myth exposed is the belief that third-party insurance is sufficient. Contrary to this belief, such insurance only covers third-party damage and leaves the car owner unprotected for their own vehicle damages.

Another prevalent misconception is that insurance premiums increase as the vehicle ages. However, premiums actually tend to decrease with the depreciation of the car, though they may fluctuate due to other factors like claims history.

(With inputs from agencies.)