Coverfox.com
  • Insurance
    • Car
      • Car Insurance
      • Companies
      • Third party car insurance
      • Comprehensive car insurance
      • Car insurance calculator
      • New car insurance
      • Zero Dep Car Insurance
      • Buy Car Insurance
      • Compare Car Insurance
      • Car Insurance Articles
      • Cashless Garages
    • Bike
      • Two Wheeler Insurance
      • Two Wheeler Insurance Companies
      • Two Wheeler Insurance Claim
      • Two Wheeler premium Calculator
      • Third party Bike insurance
      • Multiyear Bike Insurance
      • Bike Insurance Articles
    • Health
      • Health Insurance
      • Companies
      • Mediclaim Policy
      • Individual Health Insurance plans
      • Critical illness insurance
      • Senior citizen health insurance
      • Arogya sanjeevani policy
      • Coronavirus Health insurance
      • Health Insurance Articles
      • Network Hospitals
    • Term
      • Term Insurance
      • Companies
      • Life insurance
      • Life Insurance calculator
      • Term Insurance calculator
      • Life Insurance Plans
      • 1 crore term insurance
      • Compare Term Insurance
      • Buy Term Insurance
      • Term Insurance Renewals
      • Term Insurance Articles
      • Life Insurance Articles
    • Investment
      • Investment Plans
      • Companies
      • Buy Investment Plans
      • Child Plans
      • Pension Plans
      • ULIP
      • Endowment Policy
      • Tax saving investment
      • Buy ULIP
      • Best ULIP
  • About Coverfox
    • About us
    • Insurance Blog
  • Claims
  • Contact us
  • Login
image title
CAR INSURANCE

英雄联盟手机APP下载官方

Meeta Sabnis Meeta Sabnis 04 February 2016

An endorsement is a way of incorporating any alterations to your car insurance policy. Read on to find out how significant it is to have accurate information in your insurance documents.

Car Insurance Policy

To drive on the Indian roads, we need to have a valid car insurance. What many among us are not aware is that the insurance policy should have accurate information on it to evade any disputes during claims. Many a times, we choose to overlook certain incorrect information like the cubic capacity of the car or the manufacturing year of the car assuming it doesn’t affect anything. On the other hand, you’ll be amazed to learn that factors like these not only affect your premium but also the claim.

Hence, it’s vital to check your policy document, once you receive, for its accuracy. And if you find any information that is inappropriate or there has been any change in your car details since you bought the insurance cover, it’s your liability to get the same amended by the insurer. These alterations are integrated in your insurance policy through an endorsement.

What is Endorsement?

Any change you request in your car insurance policy is incorporated through an Endorsement. It is like an addendum to your existing policy which records the stated change/s and the policy detail is changed according to the relevant endorsement.

What are the different types of Endorsements in a car insurance policy?

You can affect changes in your car insurance plan due to several scenarios which include the following:

  • A change/correction in the engine number

  • A change/correction in the chassis number

  • A change/correction in the Registration Number

  • A change/correction in your name

  • A change/correction in your address

  • A change/correction in your mobile number and/or your email id

  • An inclusion of a CNG/LPG Kit

  • Including or increasing the voluntary deductible

  • A change/correction in passengers covered or the seating capacity of your vehicle

  • A change/correction in your car’s variant

  • A change/correction in your car’s cubic capacity

  • A change/correction in the make and model of the car

  • Any correction in the No Claim Bonus

  • Any premium mismatch

  • Change in the details of the nominee

  • A change/correction in your vehicle's fuel type

  • A change/correction in the vehicle's year of manufacturing

  • A change/correction in the Insured Declared Value (IDV) of your vehicle

  • A transfer of ownership

  • Any addition or deletion of electrical accessories

  • Any addition or deletion of zero debt

All these scenarios may call for a change in your original policy which will require an Endorsement.

Steps to follow for endorsements?

Endorsements are a simple affair. They can be done by submitting a request letter to your insurance provider along with the documents to substantiate the change. The insurance company will then make the necessary changes after checking for the correctness of the changes sought.

What will the endorsement entail?

Though endorsements are an easy task and just require the completion and submission of the required documents (request letter along with the proof of the change), some endorsements may also call for an increase or decrease in the amount of premium. For instance, if the cubic capacity of the vehicle changes or if the make and model of the vehicle is upgraded, the premium will increase and you will be required to pay an additional amount of premium. On the other hand, any deletion of electronic accessories or addition of safety devices may also reduce the premium. The decision to increase or decrease the premium and the relevant amount rests with the company.

Coverfox Verdict:

If there are any variations in your car details since you bought the insurance cover or need any alteration in the details printed on your policy documents, you should instantaneously intimate the same to your insurer and get the necessary rectifications done in your insurance policy. Failing to do so, it might severely affect the claim, whenever raised. Hence, to be on a safer side and to ensure a successful claim settlement in future, your insurance policy should be up-to-date with the correct information. For any further questions you may have regarding the subject, please contact Coverfox at 1800-209-9930 .

Insure your car in 5 minutes

Upto 75%iscount.

expert assist 100% buying & claim support
express claims 3 Day Car Repair
Service
Rated 4.7/5

for Customer Satisfaction on Facebook
5,00,000+
Policies sold
last year
Meeta Sabnis
Written by Meeta Sabnis
Her mantra in life is to dream, and dream until you turn them into reality. A neurotic Kajol fan, Meeta loves spending time with her gorgeous twins, ensuring a childhood they’ll be proud of. Bargain hunting, crazy dancing and romancing alphabets are some of her other cravings. She’s currently a Content Writer at Coverfox.
MUST READ
POPULAR OTHERS
Premium based on your Driving Behavior
Premium based on your driving behavior
Best automatic cars under 10 lakh
Best Automatics Car under 10 lakh
benefits of higher idv in car insurance
Is Higher IDV Better?
Does Car Insurance Cover Engine Failure?
Does car insurance cover engine failure?
outstation emergency coverage in car insurance policy
Outstation Emergency Coverage in Car Insurance: Everything You Need to Know
car insurance brand loyalty discount
Advantages and Disadvantages of Car Insurance Brand Loyalty Discount
  • Car Insurance Companies
  • Tata AIG Car Insurance
  • New India Car Insurance
  • Bharti AXA Car Insurance
  • ICICI Lombard Car Insurance
  • HDFC ERGO Car Insurance
  • Kotak Car Insurance
  • Most Insured Cars
  • Hyundai Car Insurance
  • Maruti Car Insurance
  • Honda Car Insurance
  • Force Car Insurance
  • Tata Car Insurance
  • Mahindra and Mahindra Car Insurance
  • Most Insured Models
  • Swift Dzire Car Insurance
  • Elite i20 Car Insurance
  • Vitara Brezza Car Insurance
  • Wagon R Car Insurance
  • Maruti 800 Car Insurance
  • Baleno Car Insurance
  • General Insurance Companies
  • National insurance
  • Oriental insurance
  • United India Insurance
  • Relience General Insurance
  • New India Assurance
  • TATA AIG General Insurance
  • Driving License
  • Driving License
  • Driving License Status
  • Driving License Renewal
  • Registration Certificate
  • Learning License
  • Delhi driving license
  • RTO
  • RTO
  • Uttar Pradesh RTO
  • Punjab RTO
  • Gujarat RTO
  • Madhya Pradesh RTO
  • Maharashtra RTO
icon Car Insurance icon Articles icon Steps To Follow During Policy Endorsements Car Insurance
×

Get Lowest Rates for car Insurance

With Upto 75% Discount

  • Secure
  • Licensed By
  • Payment Options
  • Car Insurance
  • Bike Insurance
  • Motor Insurance
  • Commercial Vehicle Insurance
  • Travel Insurance
  • Car Insurance Premium Calculator
  • Family Health Insurance
  • Senior Citizens Insurance
  • Group Insurance
  • Corona Rakshak Policy
  • Corona Kavach Policy
  • Super Topup Plan
  • Term Insurance
  • ULIP
  • e-Term Plan
  • 1 Cr Term Insurance
  • कार इन्शुरन्स
  • टू व्हीलर इंश्योरेंस
  • टर्म इंश्योरेंस
  • हेल्थ इंश्योरेंस
  • मेडिक्लेम पॉलिसी
  • Learn About Insurance
  • Network Hospitals
  • Cashless Garages
  • Get Android App
  • Get iOS App
  • Learn
  • About Us
  • Contact Us
  • Careers
  • Sitemap
  • FAQs
Connect with us
Become a Partner
Become a Coverdrive POS Agent

Coverfox Insurance Broking Pvt. Ltd. : C Wing, 6111-6118, 6th Floor, Oberoi Garden Estate, Chandivali Farm Road, Chandivali, Andheri (East), Mumbai - 400072

Licence No. 478 , IRDA Direct Broker Code: IRDA/ DB 556/ 13 , Valid till: 26/12/2022 , CIN: U66000MH2013PTC243810

  • Shipping & Delivery Policy
  • Privacy Policy
  • Cancellation & Refund
  • Terms & Conditions
Copyright © 2022 Coverfox.com. All Rights Reserved
亿电竞(西安)比分新版v9.9 JJB电竞外围 电竞竞猜直播新版 dota2 28加拿大位置走势APP查询网 大神电竞手机版网站