GENERAL INSURANCE BLOG

Maintaining commercial vehicles like trucks, carriers, tempos, cars, etc., can be challenging at times, but it is common knowledge that regular maintenance ensures a longer lifetime of vehicles. And missing out on these services will result in expensive repair works that can put a load on your pocket.

Hence a wise option is to follow a regular maintenance regime for your vehicle and invest in motor insurance that provides several benefits while also helping you stay on a budget.

Today, we'll look at ways to ensure your commercial vehicles stay in their best shape.

1. Keep a vehicle checklist:
Since various drivers use and drive commercial vehicles, maintaining a checklist is a good idea. This will ensure that each driver is reminded to check fuel levels, tyre pressure, brake systems, and batteries before making a trip. After the initial check is done, they will know all the shortcomings and fix them before departure.

2. Change engine oil:
Since the oil in heavy commercial vehicles can be spoiled by dust and small dirt particles, it is advisable to change it regularly. Polluted oil can affect the optimal functionality of vehicles and cause various issues during the trip that will be expensive to fix. The oil filters should also be changed frequently to avoid an accumulation of dust and other residues.

3. Engine maintenance:
Excessive smoke, decreased power, and loss of oil pressure are a few indicators of engine failure. Ensure that the engine goes through professional checks to identify any additional defects. These procedures involve exhaust temperature, monitoring engine cooling, and boost pressure.

4. Inspect tyre pressure:
For the maximum value of tyres, keeping a check on the tyre pressure is non-negotiable. Commercial vehicles do not stick to one kind of road. They traverse various terrains to cover long distances and undertake multiple business operations. Inspecting the tyre pressure is the best way to increase the life of tyres. Another way of ensuring better health is by rotating the tyres before they wear out.

5. Keep the vehicles in the shade:
Keeping commercial vehicles away from the harsh climatic conditions when they're not under operation helps maintain their shape for extended periods. If garages and sheds are not an option, you can opt for vehicle covers. They also help in keeping the chassis of the vehicle clean.

6. Train the drivers:
Training the drivers in performing minor repair works can help you reduce maintenance costs in the long run. Conducting drills on maintaining the vehicle and dealing with emergencies as a team can help them understand basic procedures and share ideas and tricks.

Compensating your drivers for putting in extra work, providing health insurance, and good living quarters is an excellent way to ensure that the drivers are well-rested and taken care of. This way, they are less likely to cause accidents.

These were a few ways to ensure the better health of your commercial vehicles. Owning a business that includes commercial vehicles comes with its own set of challenges, but regular upkeep and servicing can ensure reduced cost and investment in the long run.

Do not forget to invest in motor insurance, as it will add value to your service by providing a safety net against all expenses in an unprecedented situation such as accidents or machine failure.

Click HERE to know more about motor insurance.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Every homeowner must invest in home insurance to rely upon in case of unforeseen events. It secures not only your house and its belongings but also the residents. Whether it is due to weather-related damages, unforeseen break-ins and theft, or unfortunate fires, a reliable home insurance plan can efficiently help you through these challenges.

The percentage of homes insured in India remains significantly low at a mere 1% compared to the U.K, U.S, Australia, and France, which stand at 97%. Indians still need to realise the importance of home insurance and its benefits in securing lives and properties.

While it is vital to invest in the best home insurance plan, knowing if it covers all your requirements is equally essential.

Let's look at the most common home insurance claims that homeowners usually make.

1. Fire inside the house:
Some of India's most common home insurance claims are registered for unforeseen fires. A fire can take place anywhere, anytime. Overheating of appliances in the summer heat and sparking of electric wires due to poor insulation are often the sources of fires inside the house. The interiors of a home are filled with various materials, like wood, that can quickly catch fire. These fires can be controllable only if detected in time. But, if not, they can cause irreversible damage.

2. Fire on the home property:
While fires inside the home can cause significant damage, fires on the entire residential property can be disastrous. Fires caused by gas leakages, water leakages into electric circuits, short circuits, etc., can threaten the whole structure of the house. Homeowners' losses due to these fires are overwhelming and are commonly filed as home insurance claims.

3. Break-ins and theft:
Break-ins and theft have become a common occurrence that several people nationwide complain about. Even with the most advanced, complex, and dependable security systems, thieves break in and steal valuables in the wee hours of the night. Troubled homeowners frequently seek insurance claims concerning the damages caused by these break-ins in their property.

4. Landslides and Flooding:
Many states in India face natural disasters such as landslides and flooding. These natural tragedies are another common reason for filing a home insurance claim. While the coastal areas face annual flooding, the hilly regions of the country witness frequent landslides during monsoons or deforestation. These natural disasters cause heavy damage to the properties. In such cases, home insurance plans can help manage the recovery of financial losses.

5. Man-made disasters:
While natural catastrophes cause enough property damage, human negligence can cause just as much damage. Failure of homeowners or the people living around them can threaten the home or property. Water leakage, using low-quality products, improper care of the property can destroy not only your own home but also of your neighbours.

The above are the most common home insurance claims filed by homeowners. Sudden natural or man-made events can cause significant damage to your home and life. While we can be as cautious as possible, there are unforeseen events that we cannot escape.

Investing in home insurance India secures your future from unpredictable events that can cause severe damage and losses. Stay free from the monetary stress and add value to your priceless possessions with the safety net of the proper insurance to receive good returns on your investment!

Click HERE to buy reliable home insurance India.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Nobody likes to anticipate any worst-case scenario, but we still prepare for them. However, people investing in home insurance in India are as low as 1%. This shows the lack of awareness about the importance of home insurance which makes Indians highly susceptible to financial and property losses that take years to recover. Every individual who wants to secure the future of their family and property must invest or buy home insurance.

Once you buy home insurance, you can recover from household losses more efficiently. However, purchasing a reliable insurance policy is not enough. It is crucial to abide by the strict regulations involved in your home insurance. Every individual must follow the entire list of dos and don'ts of the insurance policy.

To avail the benefits of your home insurance successfully, you must know some of the critical points that can nullify your home insurance.

1. Renting your home:
While you may think you have the complete liberty to rent out your home, this could jeopardise your insurance policy. Several home insurance companies reject the idea of insuring a shared house. Renting out your home or registering it as a homestay on hotel booking sites can become a risk as insurance companies look at it as sharing your property with someone you don't know well. They might consider this threatening enough to cancel your insurance plan altogether.

2. Exaggerating the value of your home:
If you exaggerate or overestimate the value of your home, it can lead to the cancellation of your home insurance plan. Insurers always cross-check the details given by the homeowner and verify them. To help this, you can show an inventory of all the things you own and their actual monetary and market value. It is good to save receipts of appliances, furnishings, etc., to provide evidence.

3. Practising illegal activities:
Illegal activities like the consumption or sale of narcotics can be grounds to cancel your home insurance policy. No company wants to deal with individuals going against the law. Insurance companies provide policies based on the homeowner's character. Practising illegal activities can be a solid red flag. They may nullify your home insurance policy on the grounds of suspicion. Filing fraudulent claims to gain funds from the insurance company is another illegal activity to steer clear of.

4. Long periods of absence:
If you plan to be absent from home for an extended period, you must check the insurance policy's requirements before you leave. Home insurance policies usually have terms for how frequently they need an adult individual to check on the house's conditions. You must request a trusted individual to check on the condition of your home as per the required intervals. This helps verify that the house is protected against any unknown damage, break-ins, or theft. Contact your insurance company before leaving for an extended period to avoid confusion.

Although most Indians are aware of the dangers of earthquakes, natural calamities and other security threats for their homes, they still do not buy home insurance. You may choose an insurance company to buy home insurance online India that provides you financial security with the additional benefit of covering your insured belongings.

So, check the above set conditions and other guidelines of your insurance contract to avoid your policy getting cancelled.

Click HERE to buy home insurance online India.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy

While building your home or renovating your existing apartment, design, furniture, wallpapers, paints, etc., are just some of the many things you need to consider. However, one of the lesser talked about things is the house's flooring. Choosing a floor involves various factors such as climate, the people, pet and child friendly etc. Having an interior designer can significantly help you in selecting the right fit for you.

Sometimes, even the best flooring can show defects due to various climatic and other factors, and you might need to change your flooring after a while. This is when your insurer plays a significant role. Your insurance provider will take care of the extra expense that you have incurred in the process of revamping your floors due to the damage. Keeping these things in mind, opting for the best home insurance in India should be your first step to building your dream home.

Today, we will be looking at a complete guide that will help you choose the best floors for your home.

1. Lifestyle:
Depending on the lifestyle of your family members, your flooring preference will change. e.g., if you live with older people, you might want to look for floors that provide some friction and prevent the cold. Hence, choosing a floor that serves functionality and style is essential. If you are a pet parent, you might want to opt for textured floors to ensure that your pet’s joints and muscles remain in proper health.

2. Durability:
Quite literally, your house stands on your floor. Hence, it is essential to opt for durable floors. Paying a slightly higher price for quality material ensures that your floor stands the test of time and sustains all the pressure.

3. Weather conditions:
Weather conditions are the driving factors in flooring selection. You need to keep your house warm. It is wise to invest in wooden floors and add carpets to ensure your floor remains warm throughout. Marble flooring is a smart option for hot or warm places as it retains the cold temperature during the night and keeps your house cool.

4. Colour theme:
While we discuss the floors' functionality and cost-benefits, choosing a floor that goes well with your house's colour and the theme is also important. An interior designer can suggest the latest trends and flooring patterns that add value to the interiors of your house.

5. Maintenance:
Opting for fancy flooring and sticking to a theme is just the first step in ensuring the longevity of your floors. It is also essential to go for options that are easy to maintain. Floors such as quarry tile, carpet tile, epoxy flooring are all examples of durable yet low maintenance flooring. The only thing these floors require is daily sweeping and deep cleaning once a month. On the contrary, high maintenance flooring requires regular upkeep and intense cleaning to avoid discolouring and scratches.

The floor is what holds your room together, so choosing the right floor can make or break the look of your room. The above discussed are a few points that you can look out for before selecting the best flooring options for yourself.

Compare the prices in the market to make sure that you are getting the best quality products for your home. Another good option would be investing in the best home insurance in India to safeguard your home against unforeseen circumstances. Remember, your floor selection is about balancing your requirements with your style. Use the internet and look out for various brochures and more ideas online.

Click HERE to know about the best home insurance in India.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.