Neha Nagar Instagram – Get a full refund on the stolen car!
Did you know over 1 lakh cars are stolen every year in India, with a whopping 56% of cases concentrated in Delhi NCR alone? Bengaluru and Chennai also see a significant number of thefts, at 9% and 5% respectively.
While standard insurance helps, it often settles based on Insured Declared Value (IDV), which never reflects your car’s full worth.
**Here’s where a Return To Invoice (RTI) add-on can be your hero**
What is RTI?
RTI is an add-on for your car insurance that provides the full invoice value for your car in case of theft or irreparable damage. This includes:
* Car purchase price
* RTO charges
* Road tax
Why is RTI important, especially in high-risk cities like Delhi NCR, Bengaluru, and Chennai?
* Maximises payout: Get the complete value you paid for your car, not just the depreciated IDV.
* Peace of mind: Focus on recovery, not financial loss, in a stressful situation.
* Important Note : RTI cover is only available for vehicles which are less than 3 years old.
And follow @iamnehanagar for more such insightful videos. | Posted on 10/Mar/2024 22:23:36
