The primary thing that works out well for United India Insurance Company Limited is that it is a 100% government of India owned entity. Thus, the vehicle insurance subset of the former, United India Auto Insurance Policy, enjoys staunch popularity in the Indian market. A feature rich, customer centric product that covers private cars, two wheelers and commercial vehicles.
What is Covered Under United India Auto Insurance?
Primarily, the United India Auto Insurance policy covers loss or damage to the vehicle due to the following reasons-
- Accidental external means
- Fire, Self ignition, lightning
- Burglary house-breaking or theft
- Terrorist acts, riots, strike or other malicious activity
- Earthquake, Flood cyclone and Inundation etc
- While in transit by rail, road, air, elevator, lift or inland waterways
- Landslide or rockslide
Next, and importantly, coverage is extended for financial liabilities arising from your vehicle’s involvement and/or causal of an accident that resulted in the injury, death and/or property damage of a third party. This segment is known as ‘Third Party Motor Insurance’ or ‘Liability Only Coverage’.
More Savings- What are the discounts on offer?
United India Auto Insurance Policy offers the following discounts, aside from the usual No Claim Bonus (NCB)-
Installation of ARAI-approved anti-theft devices: @ 2.5% or Rs.200, whichever is less.
Membership with recognised auto associations: @ 5% or Rs.200, whichever is less.
Special vehicles (modified to suit blind, handicapped and/or mentally challenged persons): @ 50% for use by the differently-abled.
Classic/Vintage cars: @ 25% for cars produced before 21.12.1940, recognised by the Vintage and Classic Cars Club of India.
Use within the insured’s premises: @ 33% on tariff rates.
The Verdict- Go for it!!
A complete package, and the option to buy United India Vehicle Insurance Policy online, makes it an attractive option for those who need a complete and hard-working auto insurance cover. Boasting of a vast network of authorized partner garages, strong customer support bearings and adherence to emerging technologies and methodologies, United India Auto Insurance Policy appeals to everyone.