One of the main concerns for any motor vehicle owner is the possibility of unfortunate accidents and the financial loss that follows. Every time you get in your vehicle or hop on your bike, there is absolutely no guarantee that your ride will be smooth and uneventful. Simply put, it is one big step towards uncertainty.
Even though you can’t predict the road ahead, you can take necessary measures to safeguard against consequences. Such measures come in the form of a motor insurance policy from United India Insurance Co. Ltd. What was originally a legal compliant document has progressed into offering protection against any financial loss.
And in any case, this motor insurance policy will offer you, as a vehicle owner, peace of mind. Yet, once bought, this policy is up for renewal after the said validity expires, which is determined while buying the policy. And non-renewal might lead to legal issues and uncovered financial loss.
Here is a complete guide for you to make a timely and hassle-free United India Motor Insurance renewal.
Undersating United India Motor Insurance Policy
Before getting started on the United India Motor Insurance renewal, here’s a quick overview of the United India Motor Insurance policy and how it benefits vehicle owners.
United India Motor Insurance Policy: A Trusted Insurer
For protection against potential financial loss, every motor vehicle owner needs a reliable and trusted insurer who can offer expected coverage for their cars. This is where United India Motor Insurance comes into play, which is a government-owned company.
Trusted by millions, this company offers any and all kinds of coverage to your insured vehicle, including your own damage. All you have to do is buy the right insurance policy that works for you with maximum coverage.
Note: Timely United India Motor Insurance renewal is crucial for continued insurance coverage and benefits.
Types of Policies It Offers
Speaking of the right insurance policy, there are more than one scenario where you can face the possibility of potential financial loss. It could be a road accident, a theft, a fire, or any natural disaster, along with third-party liabilities and your own damage.
That’s why when you buy a motor insurance policy, you need to project ahead and find the right policy that best suits your needs. To do so, United India Motor Insurance offers three exclusive coverage policies, which are listed below.
Note: No matter your policy coverage type, timely United India Motor Insurance renewal is essential for complete protection against financial loss.
Package Policy
United India Motor Insurance’s package policy provides protection against unanticipated damages incurred by your car. Such damages can be caused by road accidents, fire, theft, or natural disasters.
In addition to your own damage, this policy also protects against third-party liabilities. As in damages sustained by any other third-party contender. Such damages include death, injury, or any property damage.
Liability Only Policy
United India Motor Insurance’s liability-only policy offers coverage against any third-party liabilities involving the insured car. Such liabilities include injury, disability, death, or property damage.
However, as the name implies, it only covers the liabilities not the damage sustained by your vehicle in these unfortunate events. And in any case, you can buy your own damage policy separately if you have already signed up for a liability-only policy.
Standalone OD Policy
United India Motor Insurance’s standalone OD policy offers compensation for the damages sustained by your vehicle in an unanticipated incident. Such incidents include road accidents, fire, theft, or natural disasters.
But, as the name suggests, it only covers the damage sustained by your car, not the third-party liabilities incurred in these unfortunate events. And in any case, you can buy a liability-only policy separately if you have already signed up for a standalone own damage policy.
What Do These Policies Cover
Here’s an extensive look at the coverage offered by the above-mentioned policies. Always remember, to choose the right motor insurance policy that works for you, you need to analyze every single benefit of the said policy.
What is covered:
- Offers compulsory personal accident cover for the owner against accidental death, permanent total disablement, or loss of limbs/sight.
- Damages incurred by manmade disasters like terrorist attacks, strikes, riots, and commotions caused by individuals.
- Compensate losses to the insured vehicle in the event of theft, break-in, or burglary. As for theft, you are issued with Insured Declared Value (IDV), which is the current market value of the vehicle.
- Damaged caused by unanticipated accidents such as collisions with other vehicles, trees, or walls. In addition, it also covers damages incurred by fire-related accidents.
- Damages caused by natural disasters such as earthquakes, floods, tsunamis, and landslides.
- Damages sustained during ongoing transit via roadways, railways, waterways, and airways.
What’s not covered:
- Damages incurred over time, such as wear and tear of old age or extensive use.
- Damages sustained outside the mentioned vicinity as per the policy document.
- Damages incurred by usage other than the said purpose, which is personal use.
- Damages sustainable by drunken driving or any other illegal activities.
- Damages incurred while driving the vehicle without a valid driving licence.
- Damages sustained due to a mechanical or electrical failure/breakdown.
A Wide Range of Add-Ons
If you feel the main policies don’t cover your expectations or needs, you can opt for specific add-ons. However, keep in mind that such add-ons come with extra premium, though. Here’s a list of mostly preferred add-ons offered by United India Motor Insurance.
- Personal accident cover for the paid driver other than the owner.
- Personal accident cover for the unnamed person other than the paid driver.
- Roadside assistance add-on covers towing, flat tyre assistance, battery jumpstart, fuel delivery, and emergency support.
- Loss of a key add-on to cover the cost of replacing lost or stolen keys and locks
- A courtesy vehicle cover will compensate for rental vehicle expenses during vehicle repairs.
- Nil depreciation cover will compensate for any depreciation suffered.
- Return to invoice cover will compensate for the difference between IDV and the current sale value.
- The engine gearbox platinum add-on covers any damage sustained by the insured car’s engine or gearbox.
Note: With the United India Motor Insurance renewal, these add-ons will need to be renewed as well.
Mandatory Policy Vs. Optional Policy
Under the Motor Vehicles Act of 1988, every vehicle owner is required by law to have motor insurance. Yet, this mandate states that vehicle owners at least have a third-party liability insurance.
Opting for a package policy or a standalone OD policy is completely up to the vehicle owners. The same goes for insurance add-ons for specific needs. Simply put, a liability-only policy is mandatory; all other policies are optional.
Exclusive Discounts for Motor Insurance Policy
Choosing any type of United India Motor Insurance policy comes with exclusive discounts such as:
- If you opt for an anti-theft device to be installed in your car, you get a discount on the premium amount.
- If you have not made any claims so far, you get the benefits of No Claim Bonus with a reduced premium amount.
- If you have a modified vehicle to accommodate the handicapped, blind, or mentally challenged, you get a discount on your own damage covers.
- If you are a member of the Automobile Association of India, you get a discount on your own damage covers.
Premium: How It Is Determined
If you figured out what type of policy is suitable for you, you need to consider whether the premium is on budget. Here are some factors that influence your premium amount.
- Vehicle make, model, and variant.
- Engine capacity
- Age of the vehicle
- Fuel types include petrol, diesel, CNG, or electric.
- Location or vicinity of registration
- Add-ons selected
- No Claim Bonus
- Voluntary deductible chosen
Note: During United India Motor Insurance renewal, these factors are subject to change as the current market value.
How to Get Your First Motor Insurance
Getting your first motor insurance policy or simply switching your insurer? Here’s a brief guide detailing the steps to buy online.
Step 1: Visit the official UIIC website or an approved partner portal.
Step 2: Navigate to the “Products” menu and select motor insurance.
Step 3: In the overlay tab, select “Buy New Policy.” You will be directed to a separate tab.
Step 4: Select the type of policy you are looking for: Package Policy, Liability Only Policy, and StandAlone OD Policy.
Step 5: Select the vehicle type (Private Car, Two-Wheeler).
Step 6: Fill out the form by entering the required details.
Step 7: Select add-ons, pay the premium, and receive the policy via email.
Additionally, you can buy your motor insurance policy by visiting the nearest branch of United India Insurance Company. For assistance, you can contact the company’s support center using the toll-free number: 1800-425-33333.
United India Motor Insurance Renewals
Once you pay the premium and get your motor insurance, the process won’t stop there. You need to renew your motor insurance after the opted validity period expires. This validity period will be determined when you first buy the insurance policy.
Validity Period
In general, motor insurance comes with a validity of 1 year, a fixed period. However, you can choose a period that works for you. For instance, the United India Motor Insurance policy offers a validity of 1 year for own damage and 5 years for liability. A validity of 5 years for own damage is an option as well.
Timely Renewals
By all means, the United India Motor Insurance renewal should be done before the expiry date to ensure the continuity of coverage. Failing to do so will result in:
- Legal non-compliance
- Unguarded against potential financial losses
- Cancellation of No Claim Bonus
- Unpaid liabilities on the road
- Invalid claims for compensating damages
- Risk penalties and loss of benefits.
Online Process for Renewal (Recommended)
A United India Motor Insurance renewal can be done with utmost ease, thanks to the online renewal process. It is the most recommended way for a quick and safe renewal. Here is a step-by-step process on how to do it:
Step 1: Visit the official UIIC website or an approved partner portal.
Step 2: Navigate to the “Products” menu and select motor insurance.
Step 3: In the overlay tab, select “Quick Renewal.” You will be directed to a separate tab.
Step 4: On the Quick Renewal page, enter your policy number and captcha to fetch your data.
Alternatively, you can opt for “Renew” in step 3, and you can follow the steps below from there.
Step 4: On the renew page, you can opt for either the policy number or vehicle registration number.
Step 5: Based on your preference, enter your policy number or vehicle registration number.
Step 6: Check out the policy details that are shown and update all of your information. Then, if you need to, select the add-on covers.
Step 7: To pay the premium, go to the payment gateway using net banking, credit/debit cards, or UPI.
Step 8: Lastly, for confirmation, make sure to get the policy document by email or SMS.
If you opt for online United India Motor Insurance renewal, keep in mind that:
- You should renew your policy 90 days before it expires.
- You cannot renew your policy online if you have a claim.
- You won’t be able to renew the package policy online for a vehicle that is more than 10 years old.
Offline Process for Renewal
If you are not eligible for online renewal, you can opt for offline United India Motor Insurance renewal. Here’s how!
Step 1: Go to the nearest branch of United India Insurance Company.
Step 2: Submit your late policy documents and vehicle details for verification.
Step 3: You will then be given the renewal form and fill it out with the right details.
Step 4: Pay the premium by cash or cheque.
Step 5: Make sure to receive the policy copy. It would be given to you on the spot, or would be sent by post days later after the process.
How to Claim Your Compensation
The whole point of buying motor insurance is to get compensation if there happen to be a unfortunate accident. To do so, you need to know how; here’s a quick guide for claiming compensation.
Step 1: Start by informing your insurer by registering your claim.
Step 2: Once registered, there will be an inspection to ensure the damage.
Step 3: Then comes document verification to process your claim.
Step 4: If it is a network garage, the insure will pay directly.
Step 5: If it’s not a network garage, you will be reimbursed after you pay the bills for repairs.
Note: Timely United India Motor Insurance renewal is crucial to register your claim. For instance, ff your current motor insurance has expired, you can’t claim compensation.
Required Documents for Claiming Compensation
Here’s a list of common documents required for claiming compensation from motor insurance.
- Copy of your motor insurance documents
- Signed claim form
- Copy of your driving licence
- Copy of registration certificate
- Estimation of your repairs
- Repair bills (if applicable)
- Copy of police FIR (if necessary)
Conclusion
Motor insurance is a great way for every vehicle owner to protect against potential financial loss. It can save on high compensation for your own damage and third-party liabilities as well. Simply put, it protects people from unexpected costs that come up because of accidents, theft, or natural disasters.
More importantly, motor insurance policies can be flexible so that you can opt for either a mandatory policy or a package policy. Even though these policies offer considerable protection against uncertainty, they don’t eliminate the threats. So, drive responsibly for the sake of your safety and others as well.
FAQs
When can a motor insurance policy be renewed?
As per the company guidelines, it is best to apply for a United India Motor Insurance renewal at least 90 days before the expiry date.
Why might online policy renewal be unavailable?
Online renewal is unavailable if the policy has a previous claim, the vehicle is over 10 years old (for package policies), or if critical data is missing.
What does the package policy of motor insurance cover?
It covers third-party liability, personal accident, and own damage to the vehicle caused by accidents, fire, explosion, theft, or natural disasters.
How can a motor insurance claim status be checked?
Claim status can be checked via the UIIC website, the customer portal, or by calling customer service.
Can an expired motor insurance policy be renewed online?
No. United India Motor Insurance renewals for expired policies cannot be done online.