New car insurance plan: File single claim for multiple chips, scratches, minor losses anytime; should you buy?

Published by Economic Times

Abhishek Kumar's role: Quoted

Abhishek Kumar, founder of SahajMoney, said the add-on lets owners file one claim for several minor losses without a compulsory deduction and may suit those wanting peace of mind, but the extra premium may not be worthwhile on a tight budget.

A general insurer launched a bundled car insurance add-on that combines many covers, including one that lets owners report several minor paint chips and scratches in a single claim. The article explains its two plan tiers, sample premiums against buying add-ons separately, and experts' views on whether it is worth the extra cost.

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New car insurance plan: File single claim for multiple chips, scratches, minor losses anytime; should you buy?

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