Common Mistakes People Make at the Time of Insurance Renewal — And How to Avoid Them

Renewing your car insurance may look simple, but one small mistake can cost you more money — or trouble during claim time. Many car owners in Assam renew policies quickly without checking important details, and later face issues during accident claims.

Here are the most common mistakes people make during insurance renewal — and how you can avoid them.

1️⃣ Ignoring IDV (Insured Declared Value)

Many policies renew with a very low IDV just to make the premium cheaper. But remember:

👉 Lower IDV = Lower claim amount

👉 Higher IDV = Better claim settlement

Always choose a fair IDV — not too low, not artificially high.

2️⃣ Missing No Claim Bonus (NCB)

If you did not claim last year, you’re eligible for NCB benefits up to 50%.

Some people forget to apply NCB or lose it because the policy lapsed.

✔ Always check if your renewal includes NCB.

3️⃣ Wrong Vehicle Details

Sometimes insurers enter:

• Wrong engine/chassis number

• Wrong variant

• Incorrect fuel type

• Wrong seating capacity

During a claim, these errors can create delays or rejection.

Always verify your RC details match your insurance policy.

4️⃣ Not Adding Helpful Add-Ons

Some important add-ons most people ignore:

Add-ons may cost a little extra, but they save thousands later.

5️⃣ Renewing Without Comparing

Every insurer has:

• Different IDV

• Different add-ons

• Different claim support

Taking quotes from multiple companies ensures the best value — not just the cheapest price.

✔ Final Advice

Before renewing your insurance policy, always check:

🤝 Need Help?

At Anuja Solutions, we help car owners in Assam select the right policy — not just the cheapest one, ensuring:

✔ Better claim experience

✔ Hassle-free documentation

✔ Cashless support at trusted workshops

📞 Call/WhatsApp: 94583-16059

💬 “Your trusted partner for car insurance and claim support.”