Manage Your Car Insurance While Relocating in India

Relocating to a new city is definitely an exciting journey and experience. However, it is at the same time a stressful and tiring situation. Nonetheless, there are several things you might be moving while relocating to a new city and your car could be one of them. If you are relocating to a new city within India along with your car then it is mandatory for you to follow certain important steps to figure out what to do with your present car insurance. The article highlights some of the important things you must keep in mind while transferring your car to another city without hampering your insurance coverage.

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How to Manage Your Car Insurance While Relocating?

Relocating to a new place may be challenging if you own a car because with the change of government and traffic rules, you will have to change your car insurance policy also. Considering the level of stress that you may come across while relocating to a new city of India with your car, we are recommending the list of things that you can keep in mind to moving and car insurance simultaneously without any problems.

Let us find out the checklist of car insurance policy when you are relocating within India:

1. Informing Your Insurer

   It is advisable to inform your insurer about your new address when you are relocating. Apart from the address, you should also notify the insurer in case there are any changes in your contact number. You can easily update your car insurance policy by submitting some official documents.

2. Re-register at the new RTO

   While relocating, it is mandatory to re-register your car with the RTO (Regional Transport Office) of the new city or state as it is illegal to drive an automobile that has a registration of some other state. In addition to this, you must also get a 'No Objection Certificate' (NOC) from the RTO of the state wherein your car was initially registered. Only after getting an NOC, you can register your car at the new RTO. Once you have re-registered, it is important to inform your insurer about the same.

3. Check for the Network Garages

   While you relocate and complete all formalities, it is best to also check the available network garages in the new city so that in case of any unfortunate incident, you are able to file a claim and get your car repaired at any of its network garages.

4. Do Not Forget to Transfer Your No Claim Bonus (NCB)

   No Claim Bonus (NCB) is the discount given by the insurance provider to the owner of the car who has made no claims in an entire policy year. In other words, it is a reward for the owners of cars for using the insured vehicle in the best possible manner. If you are relocating to a different city and even if you are going to purchase a new vehicle there, your accumulated No Claim Bonus is transferred to your new car. In the same manner, you do not have to worry in case of a change to a new insurance provider as your NCB is transferred to the new insurance plan as well.

While relocating is not an easy task, it becomes more difficult if you have additional tasks at hand. If you are relocating within India and that too with your car, you must figure out what to do with the car insurance. To avoid any hassle, you can use the above checklist to easily keep your car insurance intact while moving to a new city.