Upgrade from Third Party to Comprehensive Coverage

Increased Protection & Add-Ons

In terms of the safety of your car, comprehensive motor vehicle insurance is much more beneficial than just a simple third-party policy. The full comprehensive coverage helps you not only to limit the damages to your own car in case of an accident but also pay for damages on other third-party vehicles. Moreover, comprehensive insurance addresses issues such as theft, vandalism, natural calamity, and other inevitable events. Other available options are roadside assistance, zero-depreciation cover, and engine protector as additional features.

Legal and Financial Benefits

Comprehensive insurance for the motor vehicle not only gives you a peace of mind but also provides legal and financial benefits. For instance, with comprehensive coverage, you will not be paying for the expensive repair costs and legal liabilities. It also assists you in abiding with the regulation, as frequently comprehensive insurance is a necessity set by the lenders for vehicle financing. By changing to the comprehensive cover, you are financial security and potential legal impacts.

Step-by-Step Upgrade Process

For changing from a third party to a comprehensive coverage, the process is quite easy. Start with the first step which is to contact your insurance provider and tell them about your intention to upgrade your policy. They are the ones who will cheer you on and provide you with a new premium quote according to the new coverage. The moment both of you adhere to the terms, your policy will be changed to comprehensive coverage making you feel at ease driving on the road.

Does NCD Transfer?

One typical issue that people encounter when switching to comprehensive motor vehicle insurance is whether their No Claim Discount (NCD) will be transferred. In most instances, you can transfer your NCD from your third-party policy to your comprehensive coverage. Thus, you can still have some discounts on your premium due to your claim-free record. But it is necessary to check with the insurer for the transfer process and to make sure that your NCD is applied correctly to your new comprehensive policy.