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The Complete Guide to Four Wheeler Insurance Documentation

Most of us frequently ignore the requirement of four-wheeler insurance. Even a minor accident could lead to substantial expenses, and insurance for four-wheelers makes sure that these costs are covered, giving you financial relief. Additionally, every motorised vehicle operating on Indian roadways and highways must have valid four-wheeler insurance, according to the 1988 Motor Vehicles Act.

Therefore, if you buy car insurance, you will not only be able to shield yourself against the cost of repairs but also be in compliance with the law. It acts as a safety net to cover any legal and financial obligations that may arise as a result of your four-wheeler.

However, most people are unaware of the documents required for car insurance policy, which is one of the many reasons why motorists are hesitant to purchase

There are numerous car insurance companies in India providing online car insurance options. You’ll be swamped with options if you go online. However, you need to compare four-wheeler insurance plans and check the policy coverage and scope.

At Tata AIG, we put forward a host of four-wheeler insurance policies tailored to meet the needs of every customer. You also have the option to take the assistance of our online car insurance calculator to get an estimate of the four-wheeler insurance policies, helping you make a wise decision. Contact us to learn more.

Anyway, let us take a look at the documentation procedure for four-wheeler insurance. So, let’s look at the documents required in various situations, from purchasing four-wheeler insurance to renewing it.

Documents Required for Purchasing Four-Wheeler Insurance

You will require the following if you are buying car insurance for the first time:

  • Your details, like name, address, date of birth, occupation, and gender
  • Your driving licence details
  • Your four-wheeler’s RC (Registration Certificate) copy as well as the four-wheeler registration number

You’ll also need to put forward your debit/credit card/net banking information if you plan to purchase four-wheeler insurance online.

Insurance providers are not permitted to insure four-wheelers without a current PUC (Pollution under Certificate), according to the notification issued by the Insurance Regulatory and Development Authority of India.

This notice was issued in response to a recent Supreme Court ruling that instructed insurance providers to refuse to insure a car until it was in possession of a current Pollution under Certificate on the insurance purchase or renewal date.

Every four-wheeler must have a pollution certificate, which serves as evidence that it complies with the regulations regarding emissions. You can obtain the Pollution under Control certificate from a government-certified facility.

Documents Required for Submitting a Four-Wheeler Insurance Claim

You must present the following records to your four-wheeler insurance provider in the event when you need to make a claim:

  • Vehicle’s registration certificate copy
  • Driving licence of the car owner
  • FIR (First Information Report) copy (if needed)
  • Car repair costs (original invoice)
  • Four-wheeler insurance policy copy
  • Duly filled and signed claim application form

The insurance provider will send a surveyor to assess the damage and confirm the validity of your claim after you have submitted these documents. You will then be required to submit copies of the repair invoices. The car insurance company will review the final estimate, and the appointed surveyor will conduct another inspection of the four-wheeler. After completing all of this, you will receive the claim settlement specified in your four-wheeler insurance policy paper.

In the event of theft, you’d be compensated with the full IDV (Insured Declared Value). Inform the closest police station once your four-wheeler is stolen. If your Registration Certificate goes missing as well, you must alert the appropriate authorities and obtain copies. The insurance claim will be resolved by the insurance provider after giving the cops adequate time to restore the four-wheeler.

Do not forget to purchase four-wheeler insurance that is ideal for your requirements. For instance, choose an insurance plan that offers a suitable cover for any additional accessories in your car.

Documents Required for Four-Wheeler Insurance Renewal

The IRDAI (Insurance Regulatory and Development Authority of India) issues the list of documents required for four-wheeler insurance renewal, making them common for the public as well as private sector insurance companies.

You must also submit the following paperwork with the insurance policy renewal application form:

  • Policyholder details, like name, address, date of birth, occupation, gender, etc.
  • Driving licence details
  • Previous four-wheeler insurance policy number
  • Your four-wheeler’s RC (Registration Certificate) copy as well as the four-wheeler registration number
  • Debit/credit card/net banking information

There’s also a possibility that you’d like to switch insurance companies. Individuals may change insurance providers either during or after the current term of their plan has expired, according to IRDAI guidelines.

So, in order to renew your four-wheeler insurance policy and switch your insurance company, you must present the following documentation:

  • Identity and address evidence, like Aadhar Card, passport, PAN Card, driving licence, or any other government-certified address proof
  • Policyholder’s contact details, such as phone number, address, and name
  • Recent passport-size photographs
  • Four-wheeler’s Registration Certificate copy
  • Previous four-wheeler insurance policy’s number
  • Policyholder’s driving licence details
  • Debit/credit card/net banking information

These are the documents that are needed to be submitted to your insurance provider together with the four-wheeler insurance renewal application form. Following the insurance provider’s verification of the information, your insurance will be renewed.

Things to Consider Before Renewing Four-Wheeler Insurance

You need to keep the following things in mind when it comes to renewing your four-wheeler insurance policy:

  • You should renew your insurance policy before the expiration date of your policy.
  • Before renewing your car insurance plan, conduct an online search and compare several insurance policies that match your needs and budget. You should opt for the one that has more coverage at an affordable price than the previous one.
  • Don’t forget to use your NCB (No Claim Bonus) to lower the premium rate.

The Bottom Line

Since it is mandated by law, four-wheeler insurance is not an option. With digitalisation affecting every aspect of our lives, insurance companies have also streamlined their procedures. Spending a couple of minutes uploading the required car documents online, you can purchase car insurance or renew it from the convenience of your home.

In any case, avoid choosing a car insurance plan simply because it’s less expensive. Before choosing a policy, carefully consider the important considerations, such as the coverage provided and the exclusions, etc. You can reach out to Tata AIG at any time in case you want to learn about the policy terms and conditions before making a decision. We’ll be happy to help you.

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