[Sn1p3r]

I would suggest: you disconnect the battery and cover the car and enjoy your trip.

I do not trust anyone will do a proper startup. With proper I mean crank the engine and let it run at least till the operating temperatures. The engine is most at risk during cold starts and if the person is in a hurry it will hurt your engine more than you leave it with a disconnected battery.

Else if they can drive around for least 5 kms once they start then its another thing.

Rest you are the best judge.

Happy travel!

[raghu230506]

Hi kalyan,

Happy Journey.

Cheers
Raghu

[Habanero City]

Originally Posted by kalyan_hyd

I would be traveling out of India on a business trip for a duration of around three months. During this time, my ANHC will not be used at all. It will be parked in shade at my home. I plan to disconnect the battery and keep the car covered.

Are there other precautions I should take?

Kalyan,
Wishing you a happy trip and I am sure you will be able to buy some souvenirs for your ANHC during this trip
3 months is long time for the car to be kept idle.
If possible please get someone known and trustworthy to get the car started and move around 3 to 5 Kms at least once in 15 days.
Disconnecting battery and simply starting the car would not be helpful for the complete car such as tires, transmission, gearbox etc.,
In case you decide not to move the car from its place, then you may consider jacking up the wheels so that the tires are not unduly stressed in the single stationary position.
It would be good if you could find this "person" or you can leave it with me and I will take care of your baby

HC

[kalyan_hyd]

Originally Posted by raghu230506

Hi kalyan,

Happy Journey.

Cheers
Raghu

Thanks Raghu.

Originally Posted by Habanero City

Kalyan,
Wishing you a happy trip and I am sure you will be able to buy some souvenirs for your ANHC during this trip
3 months is long time for the car to be kept idle.
If possible please get someone known and trustworthy to get the car started and move around 3 to 5 Kms at least once in 15 days.
Disconnecting battery and simply starting the car would not be helpful for the complete car such as tires, transmission, gearbox etc.,
In case you decide not to move the car from its place, then you may consider jacking up the wheels so that the tires are not unduly stressed in the single stationary position.
It would be good if you could find this "person" or you can leave it with me and I will take care of your baby

HC

Thanks HC,

Yes, three months is a long time for the car to be idle. But, I asked a Honda service advisor about pre-cautions I can take and he suggested the following:

1. Park in shade.
2. Disconnect the battery.
3. Do not use hand-brake, use stones or other obstacles to keep the car steady.
4. If possible, not completely necessary, just connect the battery terminal once in a fortnight, give the car a crank and let it idle for 5 mins.

I have handed over the keys to the car to my uncle, he cannot drive ANHC, so he is just doing away with the cranking an idling part.

Regards,
Kalyan

[bluevolt]

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[Sn1p3r]

Dear All,

My car's first insurance renewal is due. IDV first year was Rs. 865004/- (IffcoTokio Honda Assure).

I took a claim for the rear bumper and boot were hit while backing in dark. There goes the NCB :(

Now, various companies and agents are calling in and thus the confusion.

I am only looking at 0% depreciation policy. What will be the IDV this year. Some call in to say it will be 7,20,000 or 7,58,000 and some say its 7,80,000. According to my calculation it should be 10% depreciation on current IDV and so its 7,78,500.

Tata AIG quotation is Rs 20,600
Honda Assure quotation is Rs 29,198
ICICI Lombard quotation is Rs 23,000

As the variation is almost Rs 9,000 I thus wish to consult the forum.

1. Is there a marked difference between Honda Assure and 0% dep from other companies?

2. Is 0% dep policy from Tata AIG cashless and how is the reputation of the company when it comes to payments?

Kindly add on anything if I might have missed.

Thanks!

[sgiitk]

The depreciation at 0 for insurance is 5%. Increases to 20% at one year. I have attached a file with the guidelines.

[Sn1p3r]

Originally Posted by sgiitk

The depreciation at 0 for insurance is 5%. Increases to 20% at one year. I have attached a file with the guidelines.

Sir, so if I calculate
1st year Rs 910500 * 95% = Rs 86500 (5% dep out of showroom)
2nd year Rs 86500 * 85% = Rs 73500 (15% dep)

but insurance company say I should do an IDV at 86500 *90%= 7,78,000

some were outrageous to say make it 8L and some went 910500*80 = 728xxx direct 20% calculations.

Thus please help me what figure should I choose.

Thanks!

[RemingtonSteele]

My ANHC 1st insurance renewal scheduled for mid june.
I got the folllowing quote from TATA AIG 0 depreciation (PEARL).

IDV: 743360 @20%
NCB: 2931 @20%
Premium: 17911

[Ram_NP]

Originally Posted by Sn1p3r

My car's first insurance renewal is due. IDV first year was Rs. 865004/- (IffcoTokio Honda Assure).

What will be the IDV this year. Some call in to say it will be 7,20,000 or 7,58,000 and some say its 7,80,000.
1. Is there a marked difference between Honda Assure and 0% dep from other companies?

As Per IRDA rules, 2nd year IDV will be:

20% of original Ex-show room value (9,10,500 *0.8 = 7,28,00)
or
15% of Last IDV (8,65,000 * 0.85 = 7,35,254).

Some insurers allow certain lower IDV than above calculation. But I am not sure, how the insurers can offer higher IDV ??

Honda Assure's quote is always higher than market. But in your case the difference seems to be very high.

In my renewal case (2nd year, with 50% NCB), I renewed with "Honda assure", as it was little higher than others. Bharti Axa gave me lowest quote (I did not opt for it).

[Sn1p3r]

Dear Ram,
The insurance agency insist to do the 10% on last IDV rather than 15%. I am being fleeced as the difference overall comes to approx Rs 2500 for IDV of 7,35,354 and 7,78,504. Rs 19400 vs 21900 (Tata AIG 0% dep).

All insurers want to keep IDV high as the total loss % of vehicle is less than small damages wherein more premium for insurer is beneficial.

Kindly suggest. Thanks!

PS. Sorry to go off topic Kalyan.

[sgiitk]

Originally Posted by Sn1p3r

Sir, so if I calculate
1st year Rs 910500 * 95% = Rs 86500 (5% dep out of showroom)
2nd year Rs 86500 * 85% = Rs 73500 (15% dep)

but insurance company say I should do an IDV at 86500 *90%= 7,78,000

some were outrageous to say make it 8L and some went 910500*80 = 728xxx direct 20% calculations.

Thus please help me what figure should I choose.

Thanks!

See the one I have marked in bold. This is the correct one. You take the depreciated value based on the invoice price. In my view the Registration Charges should be included in the costing, but have not checked this one out.

[Ram_NP]

Originally Posted by Sn1p3r

Dear Ram,
The insurance agency insist to do the 10% on last IDV rather than 15%. I am being fleeced as the difference overall comes to approx Rs 2500 for IDV of 7,35,354 and 7,78,504. Rs 19400 vs 21900 (Tata AIG 0% dep).

All insurers want to keep IDV high as the total loss % of vehicle is less than small damages wherein more premium for insurer is beneficial.

Kindly suggest. Thanks!

Higher IDV is possible, but then it will be a deal between you and your insurer.

Higher IDV comes into picture only incase of Total Loss. So higher IDV is really not useful and I suggest that you should avoid it.

You may look into the following thread for more details:

http://www.team-bhp.com/forum/indian...your-take.html

As per rules, IDV of your vehicle should be 7,28,00 (20% of Ex-show room value). I am attching a extract of the IRDA rules for your reference (refer last two pages).

You can veiw the complete document at the following link:

http://iib.gov.in/IRDA/tac/tariffs/newmotor.pdf

I think, we should move into the "Loans & Insurance section" for further clarifications, than continuing in Kalyan's thread.

[sgiitk]

I also take out a waiver of Rs.5000/7500 per claim. Reduces the premium by Rs.1500/2000-2250. Considering the loss of NCB you are hardly likely to make a claim for say, less than 5000.

[Sn1p3r]

Thank you all. I finalized the Tata AIG 0% depreciation Pearl plan for Rs 21000/- with IDV of 7,78,000.

Hope never to apply for the claim again, however peace of mind at higher IDV with a difference of Rs 1500 in both the cases after negotiating seemed alright to me.

Thanks!

Thank you!