Things to keep in mind when buying a used car

The used-car market in India is growing rapidly. Even luxury carmakers are looking into India’s pre-owned car market to target customers like you, and considering the attractive offers offered on used cars, it’s only understandable if you too would like to weigh in.

However, since this market is still in its nascent stages, it’s important you tread carefully. There may be sellers who function without proper licenses or don’t provide sufficient documentation, which can be problematic in the future.

Here is a checklist you can keep handy to ensure that you have cemented your ownership of a used car:

1. Do you have the originals?

Unlike a new car, buying a pre-owned car involves transfer of ownership, which is why it’s important you have the originals to support your claim rather than just the photocopies.

This also includes documents which only a new-car owner gets. Firstly, the Road Tax Receipt ensures there are no pending dues so you don’t end up paying penalties. Secondly, the duel fuel certificate is for cars that have been modified such that they can run on two types of fuel. You must also ensure you get the No Objection Certificate (NOC) from the regional transport office (RTO).

2. Do you have the payment receipts?

Similarly, ask for the receipts of any payments you have made. This receipt should contain the dealer’s complete address and their contact details. This is, after all, the proof of your purchase, so make sure it’s the original invoice, and not a copy.

3. Do you have the registration certificate?

In India, it is not enough to merely purchase a car, you have to get it registered too. This is the most important document to have while you’re on the road. It has all the details of your car—its registration number, its chassis number and even its engine number. These are the various ways your particular vehicle can be identified. However, don’t just blindly copy the details. It may have happened that the engine was replaced in the past after the car’s initial registration. In this case, you have to ensure the certificate reflects this development. Keep in mind ‘DRC’ on a certificate stands for ‘Duplicate Registration Certificate’, which suggests it isn’t the original.

For those who plan to purchase a used car from another state/region in the country, make sure the registration belongs to the state/region you are driving in. If you are taking the car from one state to another, you may have to pay additional road tax and Octroi charges in your state. This is usually calculated as a percentage of the car value. This percentage differs for each region’s RTO.

4. Do you have the pollution certificate?

This is a simple and necessary certificate that serves as proof that you are sticking to the government’s guidelines on pollution control. This ensures that you are staying within the purview of the law.

5. Do you have your insurance papers?

The good thing about buying a used car is that you simply have to change the insurance policy ownership, and not necessarily buy a new one. While doing so, do enquire about the history of the insurance —has any insurance money been claimed before? When does it expire? Are there any pending premiums? Also, if you have to opt for a new insurance policy in case of its expiry, you could even try bargaining to reduce your premiums.

6. Do you have all the loan-related documents?

This is not just related to a loan you may or may not have taken, but is also applicable to any loans the previous owner of the car had availed. For this purpose, you need Form 32 and Form 35. Moreover, as mentioned above, you also need to obtain an NOC from the previous lender. This will ensure all dues have been paid, thereby leaving you in the clear.

Buying any car, not just a used or second hand car, is a big decision that involves lot of thought and research. However, buying a used car requires even more attention. Make sure you tick all these points off the list while buying your very own pre-owned car insurance. Keep the papers handy and drive safe!

[Source: https://www.tomorrowmakers.com/articles/car-insurance/things-to-keep-in-mind-when-buying-a-used-car]

All About Car Insurance

Quoting the Safest Figures - Car Insurance Quotes

The discussions and calculations regarding car insurance quotes has been a part and parcel of every car owner's life in an attempt to ensure a more secure future for his car. All insurance policies and coverage details come down to the primary estimation of insurance quotes and the stability and viability of different insurance options available to a car owner depends on the insurance quote that is provided to him. In order to be a part of the best deals, and get the most value added services from your car insurance policies, it is extremely  to work upon the most suitable that caters to your personal needs.

The first thing that most car owners worry about after purchasing their dream vehicle is to get it properly ensured so that the expensive dreams do not shatter under one accidental moment of madness. However, in the hurry for proper insurance, many often go with the first deals offered to them without bothering to weigh down their options and compare car insurance quotes to get an idea of the best deals in the market. The wisest option under such a scenario would be to look at the value oriented benefits of multiple insurance rates and choose one that provides the most extensive coverage with an affordable premium payment.

Car insurances can often be quite expensive with steep upfront payments and a long tenure of periodic premiums. However, several insurance companies look up customer credit details and offer value added solutions ranging from reduced opening premium to a higher claim package in case of reimbursement. You can always compare the policies offered to you by all the companies and go for the most affordable insurance quotes that would not be a burden on your finances but would help provide you all the benefits of a premium coverage package.

Many experts advise potential car owners to keep a lot of secondary factors in mind while going through car insurance quotes comparison to come out with the most satisfying experience for their policies. Good car insurance is not only determined by affordable insurance quotes but their responsiveness to claims and the detailed amount of accidental coverage they provide to your car and car additions. A notch support system to answer all your queries, and multiple centres all over allowing you to file your claims, are additional benefits that every car owner should look for before signing on the dotted line of the insurance papers.

Several online sites also offer the chance of calculations on the best car insurance policies and quotes based on your finances and payment details. However, it is more advisable to get in touch with your insurance agent immediately after purchase of the car to avail additional benefits and discounts.

Several cars also offer associated insurance with the purchase of new models. Some of the pre-existing offers might provide a lot of value for money schemes, but it is always wise for a potential car owner to sit down with a pen and paper, calculating quick car insurance quotes to get the best out of an auto insurance policy.

[Source: http://ezinearticles.com/?Quoting-the-Safest-Figures---Car-Insurance-Quotes&id=3876442]

Private Car Insurance

What Is Commercial Vehicle Insurance?

For many people around the world Commercial vehicles are the main source of income. Commercial vehicle is defined as a vehicle which is used to transport either cargo or passengers for money. All vehicles which are hired or used per paid service fall under this category. Owning and operating such vehicles will certainly yield a good profit, however one should also understand that this profession is not without risks. In the days of ever increasing numbers of automobiles on to already overburdened streets, accidents have become very common. Imagine your only source of income to be damaged by an accident. In order to safe guard your investment it is vital that you buy commercial vehicle insurance policy for all your vehicles.

There are many types of commercial vehicle insurance policies offered by many different insurance companies. Before buying any policies it is better if you do some research about the various policies available in the market. You can collect information about the various policies by either calling the insurance brokers or by searching online. There are many websites which offer complete information on various commercial vehicle insurance policies available in the market. Some websites also allow you to compare the various polices, this gives you a complete picture about the pros and cons of all the policies available for commercial vehicles.

Once you have decided from which company you want to buy the policy, you need to consider which type of policy you would like to buy. For example if you have a single commercial vehicle then you can go for single insurance policy. If you own a fleet of vehicles, like cars delivering pizza or flowers then you can purchase what is known as fleet insurance. Purchasing a fleet insurance is always cheaper than buying individual insurance for each of your vehicles. While you are purchasing commercial vehicle insurance policy you can also get coverage for the goods which you transport in your vehicle by paying up extra over the insurance policy. If you like to get a separate policy for goods then you can go for what is known as the goods in transit insurance policy.

For every vehicle you need to make sure you get coverage against any physical damage caused due to an accident or vandalism, coverage against accident involving fire, coverage in case your vehicles is stolen or lost, and also remember to buy third party liability policy. All this insurance policies are the bare essentials if you wish to have a peaceful and a successful business.

[Source: http://ezinearticles.com/?What-Is-Commercial-Vehicle-Insurance?&id=5099648]

Three Important Steps to Copare Car Insurance Quotes

Why Car Insurance Policy Is So Important In India

Learn How to Get Car Insurance without a License Online

If you are on the lookout for low cost auto insurance with no license then we may assist you to find one right from the comfort of your home and at your personal convenience. Take advantage of our free nationwide online specialist assistance to locate top rated insurers in America that could be willing to provide you car coverage at easily affordable premium rates despite you’re not having driver’s license. Click here know more about securing auto insurance without requirement of driver license

Can You Get Car Insurance Without A License? Yes You Can

It could be possible for you to secure auto insurance without driver’s license these days. This might seem contrary to what most people think. There are few companies which don’t hesitate to offer vehicle insurance policies to even those drivers who do not have driving license.

Nevertheless, the chances of purchasing auto insurance without license will depend on your age and to that effect, it could be much easier for you to obtain a policy if you are a teenager. Check the possibility of No fault insurance if your state provides.

4 Main Reasons For Getting Car Insurance Without A License

There could be certain situations in which getting no license car insurance may be necessary. Here is a list of such circumstances that one might take note of.

Having personal driver – You can contemplate buying this type of car coverage if you are an elderly or a disabled person who needs driver for driving car. But the car being driven has to be owned by you and the driver must be able to provide valid driver’s license if so is the case.

Under Judgement order – If you have been caught driving without proper license and judge has ordered you to get license. In such a situation, it is vital for you to get an unlicensed auto insurance policy first. In any case, you need to ensure that you find car insurance providers which are legitimate.

Suspended driver license – You could buy car vehicle insurance without having valid driver’s license if your driver license is under suspension for any reasons. However, you need to know that if so is the case then the premium charged for policy will be substantially higher. Besides, it is advisable to be honest with insurers.

Improving driving record – While one can purchase unlicensed car insurance cover, it is crucial for a buyer to know that the best premium rates are available for only those who have good past driving histories. Hence, before searching for this kind of auto coverage it could be better if buyers improved driving records

Buy Car Insurance With No License And Still Get Essential Coverage

Some companies provide no driver license car insurance covers for protecting vehicles from any kind of physical damage. One must not forget the fact that it is not essential that car will suffer damage only if you are driving it. Vehicle can get damaged even if you are not driving it and just sitting on the roadside. Normally, car

insurance without license of this type is cheaper as compared to legally required minimum liability cover or full auto insurance policy.

[Source: http://www.nodepositcarinsurancequote.com/get-car-insurance-with-no-license.php]

The best way to get right car cover is to compare it