ICICI Lombard car insurance Reviews details 2013

ICICI Lombard car insurance Reviews details 2013 :

ICICI Lombard General Insurance Company Limited is a combined  venture between Lombard Canada Ltd. and ICICI Bank Limited, a group company of Fairfax Financial Holdings Limited. It offers a car insurance policy termed ICICI Lombard car insurance policy. Any once  can purchase it online and the process is quite simple.

The car insurance policy covers damage, loss to one's vehicle against  Natural Calamities, cyclone, rockslide,tempest, frost, inundation, hailstorm, landslide, Fire, explosion, lightning, or self-ignition, typhoon,   earthquake, storm, flood, hurricane, man-made calamities, riot, theft, any damage in transit by rail, road, inland waterway, elevator or air, lift. It will  covers damage caused due to burglary, malicious act, strike,  accident by terrorist activity etc. Third Party Legal Liability will be covered.

The policy offers a Personal Accident Cover with coverage of Rs 2 Lacs for the individual driver of the vehicle while travelling, mounting or dismounting from the car. Optional personal accident covers for co-passengers is available. It also offers Protection against legal liability due to accidental damages resulting in the permanent injury or death of a person, and damage caused to the surrounding property.

ICICI Lombard car insurance does not cover the following:

•Electrical breakdown & Mechanical breakdowns

•Normal wear/tear and general ageing of the vehicle

•Damage happening to or by a person driving without a valid license, and/or under the influence of drugs or liquor

•Depreciation of the vehicle

•Damage or Loss due to war

The Sum Insured is calculated as per the vehicle's  Insured's Declared Value (IDV). The vehicles are insured at a fixed value generally called the IDV. The CNG/LPG kit needs to be insured separately. An additional amount is charged in case the vehicles are fitted with Diesel/ Petrol and LPG/CNG according to the permissions by local RTO. The unique facilities of the ICICI Lombard car insurance policy is anyone can get it online & utilise the option of paying the premium in easy Monthly installments (EMI ) according to the convenience of the Policy Holder. The duration on this EMI option available is generally  3 or 6 months.

•Policy will  issued immediately online and  digitally signed

•It Offers Zero Depreciation Cover i.e. full claim coverage on the value of parts replaced

•This Service available more than 2700 network garages for cashless claim servicing  ICICI Lombard car insurance have  garage tie-ups all over India

•The garage network list is available online on the ICICI Lombard portal

•A digitally signed policy is issued online

•In case of accidental damage this policy  Towing charges up to Rs 1,500

•5% discount for recognized Automobile Association's Membership

• ICICI Lombard car insurance permitted to transfer all No Claim Bonus (NCB) benefits  if choosing  portability or shifting of your  policy from another insurance company.

• ICICI Lombard car insurance offers No Claim Bonus(NCB) on renewals if there is no claims made during the previous policy years

policy holder can avail cashless facility for the repair of vehicle in any of the cashless network  garage or if the vehicle is serviced in a garage outside the network policy holder can claim reimbursement for the same amount paid by policy holder.  To claim the amount simply call their toll-free number and  register and get the claim/reference number for future reference.

Policyholders can track their claim and  register online by using the "Lodge a Motor Claim" services provided by ICICI Lombard car insurance on their website. ICICI Lombard car Insurance has been assigned the iAAA rating to  indicating highest paying ability claims.