Dear All,
There are many threads and polls discussing the insurance companies and their packages on the forum but none of them is active presently. I've been trying to revoke them for couple of days but Was Unable to do so . Finally I decided to make a separate thread.
I recently bought Civic and was looking to get it insured. I approached all the noticeable companies and got their rates, I am sharing them for everbody's appraisal and feedback and finally I look forward to your suggestions.
I'll list down the companies which I've contacted so far and their rates
NOTE : The Prices are for Civic Prosmatic , invoice price is 2.08 million rupees. The Quotes shown below are for Comprehensive Insurance Cover
IGI Insurance
Without Tracker : 57,000
With Tracker : 72,000
EFU Insurance
With Out Tracker : 62,400 (3% of the Invoice Price)
They don't offer tracker Installation
AdamJee Insurance
Without Tracker : 62,400 (3% of the Invoice Price)
With Tracker : 83,200
TPL Direct
With Tracker : 82,000 (3.95 % of the Invoice Price)
They Don't offer without tracker package, Claim Return in 07 Days
Chartis Insurance (NHI)
Without Tracker : 62,400 (3% of the Invoice Price)
They Don't offer Tracker Package. Claim return in 01 month
Now
1. Which of them is the best Value for Money ?
2. If I am getting a full comprehensive Insurance, which covers theft, damage and all (Priced at 62,000 at most companies) what is the added benefit of getting the tracker installed also ???
---- I am not saying that there is no benefit but talking relatively, If I've already paid a hefty amount for insurance now insurance company is the main stake holder in its security so comment relatively !
3. I thought EFU would be expensive but they are quite reasonable . How is their service ?
4. My Main Aim is of course the best service and ease of Claim reimbursement
Kindly Suggest and comment