Turbo Wheels
TRENDING
  • Home
  • About Us
  • Anti Spam Policy
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
No Result
View All Result
  • Home
  • CAR Repair
    • Sports Cars
  • Bike Repair
  • Auto Dealers
    • Auto Accessories
    • Auto Loans
  • Buy And Sell CAR
    • Rent Cars
    • Car Insurance
  • Driving Tips
  • Contact Us
  • Pages
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
SUBSCRIBE
  • Home
  • CAR Repair
    • Sports Cars
  • Bike Repair
  • Auto Dealers
    • Auto Accessories
    • Auto Loans
  • Buy And Sell CAR
    • Rent Cars
    • Car Insurance
  • Driving Tips
  • Contact Us
  • Pages
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
No Result
View All Result
Turbo Wheels
No Result
View All Result
Home Car Insurance

Car insurance shock! Even after being caught, 43% of Delhi’s lapsed policyholders did not renew their policy: DHFL’s COCOBarometer Survey

by Jamie Schmidt
August 24, 2022
in Car Insurance
0

Some exciting records and findings have come to a mild through a COCOBarometer survey via DHFL General Insurance. The survey findings highlight what automobile coverage customers suppose when shopping for and renewing the coverage. The survey changed into conducted inside the wake of DHFL General Insurance unveiling its flagship customer research initiative COCOBarometer. According to a respectable declaration, “These initiative goals at know-how patron behavior whilst it comes to buying vehicle coverage among Indians.

Car insurance

Article Summary show
Here are a number of the main highlights of this vehicle coverage survey:-
Fact:
Police
Delhiites purchase coverage policy online.
What did respondents say?
Sample length and geo details:-

Here are a number of the main highlights of this vehicle coverage survey:-

Fact:

– 43% of respondents from Delhi have no longer renewed their vehicle insurance coverage, even after being stuck via the site visitors policy
– ninety% of Delhi’s lapsed insurance policyholders renew best after being caught with the aid of site visitors

Police

– 70% of Delhiites strongly look for ‘higher price and discounts’ whilst buying insurance on-line
– ‘All the records needed to shop for coverage is available on-line is the important thing cause why 7 in Every 10

Delhiites purchase coverage policy online.

– ‘Law’ and ‘situation for automobile’ are equally vital even as obtaining insurance
– ‘Comprehensive with Zero-Depreciation’ are the 2 maximum opted coverage for automobile coverage, with 70% of the auto proprietors availing it
– 6 in every 10 respondents decide on shopping for or renewing their car insurance policy ‘online at once from the business enterprise internet site.’
– 8 in every 10 of the insurance consumers are aware of the add-ons

What did respondents say?

– 25% of the respondents claim that they forgot to renew their vehicle coverage.
– 19% of respondents declare that paying high-quality is cheaper than buying coverage
– Only 6% claimed that coverage groups do now not pay claims as promised
– ‘Process to resume lapsed coverage is very tedious’ is said to be the primary cause not to renew the insurance policy for four in every five Delhiites

Sample length and geo details:-

This survey’s total base is 1025 respondents throughout 3 key metro towns, Mumbai, Delhi, and Bangalore.
“The have a look at was conducted to encourage conversations and growth attention of the underlying elements and behavioral trends involved at the same time as acquiring a vehicle insurance policy,” a legitimate announcement of COCO with the aid of DHFL General Insurance read.

Reacting to the survey findings, Vijay Sinha, MD and CEO of COCO via DHFL General Insurance, said, “We commissioned this survey to bring forth client behavior and recognition tiers around vehicle coverage among Indians. While this research does point in the direction of the awareness of automobile insurance, it’s far the dearth of motion or the inertia that effects in dropping out on the blessings of the policy.”

Sinha similarly added, “Most people stay in the present and don’t assume mishaps and tragedy. Buying a coverage policy is considered an additional economic drain. Those are inclined to threatenen the penalties of using without insurance to save cash inside the close to time period. As an insurer, we believe we have an important role to play in developing recognition at the fee of purchasing car insurance, together with demystifying coverage by way of supplying transparent merchandise.”

Related Posts

Cheapest Car Insurance for New Drivers
Car Insurance

Cheapest Car Insurance for New Drivers

January 30, 2023
Rental Car Insurance – What Happens If I Don’t Have Insurance?
Car Insurance

Rental Car Insurance – What Happens If I Don’t Have Insurance?

January 5, 2023
How To Get Cheaper Car Insurance For Your Teenage Driver
Car Insurance

Car Insurance – 7 Things You Need to Know Before Buying Insurance

December 17, 2022
Top 10 Things You Need To Know About Car Insurance
Car Insurance

Top 10 Things You Need To Know About Car Insurance

October 22, 2022
Learn About Rental Car Insurance to See If It’s Right For You
Car Insurance

Learn About Rental Car Insurance to See If It’s Right For You

September 8, 2022
Electric Car Insurance: Is it cheaper compared to regular car insurance policies?
Car Insurance

Electric Car Insurance: Is it cheaper compared to regular car insurance policies?

September 4, 2022
Next Post
Car coverage premiums fall earlier of whiplash payout reforms

Car coverage premiums fall earlier of whiplash payout reforms

No Result
View All Result

Today Trending

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Recent Post

Sell Car For Cash – Why Should You Do It?

Sell Car For Cash – Why Should You Do It?

February 4, 2023
Cheapest Car Insurance for New Drivers

Cheapest Car Insurance for New Drivers

January 30, 2023
Cycle Repair – The Best Way to Get a New Bike for Cheap

Cycle Repair – The Best Way to Get a New Bike for Cheap

January 29, 2023
  • Home
  • About Us
  • Anti Spam Policy
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
Mail us: admin@turbowheel.biz

© 2023 turbowheel -All Rights Reserved To us

No Result
View All Result
  • Home
  • CAR Repair
    • Sports Cars
  • Bike Repair
  • Auto Dealers
    • Auto Accessories
    • Auto Loans
  • Buy And Sell CAR
    • Rent Cars
    • Car Insurance
  • Driving Tips
  • Contact Us
  • Pages
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions

© 2023 turbowheel -All Rights Reserved To us