How to Buy Family Car Insurance Online

How to Buy Family Car Insurance Online

A family car is one that is utilised by the car owner's entire family. A family car can be any car in which the complete family travels together and is driven by numerous members of the family. It can also be utilised by different members of the family at different times depending on their needs.

For instance, your father has purchased a car in which your entire family goes. Not only does he drive the car on a daily basis, but so do you and your brother. As a result, your father's car is now a family vehicle.

A family car is not classified as a distinct type of vehicle. You can't just call a hatchback or an SUV a family car because it depends on the family. For example, a lower middle-class family may drive a hatchback, whereas an upper-middle-class family might drive a sedan or SUV.

Purchasing a family car is far more cost effective than purchasing individual vehicles for different family members. It also allows your family to spend valuable time together whether travelling to a market, a relative's house, or on a road trip.

A family car, like a regular car, requires insurance coverage. The likelihood of encountering difficulties when driving your family automobile increases as more members of your family utilise it. After all, not every family member may be a great driver, and if your family car is involved in an accident, more family members are likely to be injured.

By the way, in India, purchasing a car insurance policy is a legal requirement, not a choice. Every car on public roads must have at least third-party car insurance, according to the Motor Vehicles Act of 1988. If you break this rule, you may face a substantial fine if you are caught by the traffic police.

Hence, it's critical to have four-wheeler insurance for your family car. What could be better than purchasing a family car insurance coverage for your vehicle?

What is a Family Car Insurance Policy?

Family car insurance is a type of car insurance that covers a family's vehicle financially. In the event of an accident, natural disaster, fire, man-made disaster, or theft, it covers the cost of repairing or replacing the family car. It also provides personal accident coverage for the owner-driver of the vehicle and protects financial obligations to third parties in the event of an accident.

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It is critical to select the appropriate insurance coverage when purchasing a family car insurance policy. The insurance coverage for your family car should be set with this in mind because it will be used by numerous members of your family.

You can get necessary third-party car insurance if your family car is more than 5 years old and is not used frequently. It will only cover any third-party liability resulting from your family car causing accidental property damage or injury to a third party.

If, on the other hand, your family car is relatively new and is used frequently, you might consider purchasing comprehensive car insurance. It will provide financial support to cover third-party liabilities as well as any personal losses caused/incurred by your family car.

Add-On Covers to Buy under Family Car Insurance

Because we're talking about family car insurance, adding a little more coverage might be really useful. Your entire family will use your family car. You may be well-versed in dealing with little issues that your car may present, but you cannot expect the same from everyone in your family.

You might know how to change a flat tyre in your car, for example. If your son drives the family car, he may not know how to repair a flat tyre and become stranded in the middle of the road.

Furthermore, an accident involving your family car may result in harm to passengers as well as the driver. However, a basic family car insurance coverage only covers the owner-driver of the vehicle in the event of a personal accident.

Therefore, you should get add-on coverage for your family as well as your car as part of your family car insurance policy. For the unversed, add-on covers are additional coverage that you may get for an additional premium amount under your car insurance policy.

Take a look at some of the optional coverages you should consider purchasing as part of your family car insurance policy:

Passenger Cover - Personal accident coverage is provided for passengers seated in the insured family car at the time of the accident with this add-on policy.

Roadside Assistance Cover - If your family car breaks down in the middle of the road, this add-on cover will offer roadside assistance. Flat tyre changing, on-site minor repairs, car towing, fuel assistance, battery jumpstart, and more services are available.

No Claim Bonus Protection - Even if you file a car insurance claim, this add-on cover keeps your no-claim bonus from reverting to zero.

How to Buy a Family Car Insurance Policy?

Insurance for your family car is available both online and offline. To purchase family car insurance offline, you must go to your motor insurer's nearest branch or contact an insurance agent. However, to purchase family car insurance online, follow the instructions below:

  • Visit the official website of the motor insurer or an insurance broker.
  • Go to the option of buying car insurance.
  • Fill in the information about your family car, such as the registration number, fuel type, make and model, and so on.
  • Provide your contact information.
  • Select the sort of car insurance coverage for your family that you want to buy.
  • To purchase the add-on covers, select them from the drop-down menu.
  • Pay the premium online.
  • A policy for your family car will be issued instantly after the premium payment.

​​In a Nutshell

In India, car insurance is required for every family car, and the same is true for yours. To keep covered against any financial liability originating from your family car, make sure to purchase the right coverage and renew it every year.

 

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