Stuck up with ICICI Lombard Insurance for the past 5 years. The funny thing about it is everytime I renew my vehicle insurance (mostly on the last day), the premium increases every year even after No claim bonus.So after 5 years even my vehicle value is depreciating, I end up paying high premiums without a single claim till now.Please suggest a provider for two wheeler insurance. Are Govt companies better?
Suggest Two Wheeler vehicle Insurance Provider
- Thread starter moindear
- Start date
- Replies 18
- Views 2,775
i have used ICICI for the last two years just because I could not locate any local guy who could get it done for me. And i can safely say that the premium has gone down for me. not by much... but i am definitely not paying more or around the same amount.
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i suggest not doing it on the last day. get it done at least a week or 10 days before. maybe they charge a premium on the last day hoping that the customer is in hurry and would not bother comparing prices?
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i suggest not doing it on the last day. get it done at least a week or 10 days before. maybe they charge a premium on the last day hoping that the customer is in hurry and would not bother comparing prices?
same issue for me, could not find any agent for that. Now as its two months more for due date, hell bent to find other provider.Am paying around 1300 for a 6+ year old vehicle with 25-30k valuation (after depreciation). No claims till now.
i have not slept in 24 hours. (nothing new about that). the bike is currently valued at around 45-50K i believe. probably less. do not remember.
.Seems Indian companies are following the USA pattern. Damn high insurance rates!
