Protect Your TATA Nano – Buy Car Insurance
Tata Nano introduced by the Indian Automobile giant Tata Motors is believed to be a boon for Indian economy. In India public transport and other related services are lacking in terms of fulfilling people’s demands. Especially people in the rural areas who cannot afford to spend money on travel Nano would make a cheap deal for them. As fas as urban population is concerned Nano is to replace scooters and motorcycles riding on which is not considered safe for a family in heavy traffic or during monsoons. Plus glancing at the increasing domestic demands and changing social standards launch of Tata Nano seems promising.
Research from Automobile Research Association of India shows that the Tata Nano is the most fuelefficient car in India out of 450 models available in the Indian market. The car also has potential to replace all other big cars that consume space leading to traffic jams and parking problem. Thus if one believes that Tata Nano is an immediate future of the transport in India then one should also take a step ahead to insure the car before booking it. Let’s see what the booking procedures are and how one can secure his favorite Tata Nano:
Booking Tata Nano:
- As declared by Tata Motors in a release booking for Tata Nano will continue to the end of day on 25 April. Application forms are available at a price of Rs. 300 for online booking Rs. 200.
- The forms can be bought at over 30000 locations in about 1000 cities through Tata Motors passenger car dealerships State Bank of India and its branches its subsidiaries and associates other preferred financiers and outlets of Westside Croma World of Titan and Tata Indicom exclusive stores. The forms come with a range of offers from select associate Tata group companies up to Rs1100
- Customers can either pay the entire booking amount of Rs. 95000 Tata Nano Std Rs.120000 Tata Nano CX and Rs.140000 Tata Nano LX themselves or seek financing of the booking amount.
- To facilitate booking of the car and finance to the prospective customers Tata Motors has entered into agreements with 18 preferred banks / NBFCs. So the prospective customers get all the support while booking Tata Nano.
Insuring Tata Nano:
- Make sure that along with getting maintenance of your Tata Nano done get the Insurance done. Getting a Motor Insurance done is a wise act to safeguard your favorite car.
- Tata Motors has tiedup with five partner insurance companies which are National Insurance Co ICICI Lombard General Insurance Co Royal Sundaram Alliance General Insurance Co United India Insurance Co and HDFC Ergo General Insurance to offer comprehensive insurance under the ‘Tata Motors Insurance’ banner for the Tata Nano at a rate of just 2.76 per cent of the exshowroom price of the car.
- The insurance premium would start at Rs 3468 ex New Delhi. The company has also added that while the interest rates on the loan amount would vary between 9 per cent and 14.25 per cent customers would have to spend Rs 3468Rs 4431 as insurance premium.
- As Motor Insurance is mandatory in India and is governed by the Motor Tariff Act the policies offered by various companies are more or less the same. There is not much room for innovation in this category. ICICI Lombard offers Car Insurance and Two Wheeler Insurance to its customers. ICICI Lombard is known to offer one of the best rates in the market. As the entire buying process is online through their website www.icicilombard.com and is instant without any submission of documents or other formalities people generally opt it for convenience. One can not only buy but also manage and renew their insurance policies online.
It is always wise to secure your car. If Tata Nano is a special car for you treating it with care and protecting it from uncertainties accidents is equally prudent. Our Motor Insurance plans comprehensively cover you and your car against all the risks and bring you a peace of mind. You can buy or renew the policy online which is the fastest way to protect your vehicle. Get your Tata Nano insured and enjoy a riskfree driving experience!
About the writer: Tina Sharma is a freelance automotive expert which provides detailed explanation on latest cars in India new cars in India Chevy Cars and useful tips for Indian Cars.
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