GENERAL INSURANCE BLOG

Your car gets you safely everywhere you want to go, but it requires that you take good care of it in order for it to keep running. Some of these simple maintenance issues can actually result in an accident or injuries. Take the time to make sure these 10 things are checked regularly and maintained as needed and avoid a potential accident or claim.

Tip 1: Change the oil. Neglecting oil level checks and fresh oil changes will not do your car any favours.

Tip 2: Change the oil filter. Check the oil level once a month and replace the oil filter regularly.

Tip 3: Check your brake fluid. Check when transmission fluid and power steering fluid need to be replaced as well.

Tip 4: Check the tyre pressure each month. You should check your tyres regularly by ensuring that they are properly inflated and that the wheels are aligned. Not only will you get better mileage, but your tyres will last longer too.

Tip 5: Check the windscreen wipers. Make sure they are not damaged and are in a good working condition, as driving without proper visibility is dangerous.

Tip 6: Change the air filter. Keep your engine clean by regularly replacing the air filter.

Tip 7: Check the windscreen. Inspect the windscreen for small chips and scratches. These are reasonably cheap to repair, while replacing an entire windscreen is expensive.

Tip 8: Check your lights. This means indicator lights, hazard lights and headlights. Replace burnt out bulbs immediately.

Tip 9: Check the dashboard. Don't ignore the dashboard if there are flashing lights or the temperature gauge is suddenly extra hot. Stop as soon as it is safe and read the manual to make sure it is safe to drive further.

Tip 10: Protect the exterior of the car. A coat of good quality wax will ensure that your vehicle paint is protected. Apply the wax every six months.

Keep your car in good running condition and it will keep you safe and in control on the road. It takes a short amount of time to check these important functions, but can save money, fuel, and even lives in the long run. Make sure the functions of your car aren’t the only thing you’re checking. Get Car Insurance at the best price and protect your prized possession!

When truth and transparency are the core of a general insurance company, you know you are in trustworthy hands. This is the way of life at Magma HDI, and the fundamental reason it has been able to sell 1 million policies in FY19, as on February 21, 2019.

Having started operations only in 2012, Magma HDI has managed to build a strong reputation as a key player in the Indian insurance industry in a short span of time. It has steadily climbed growth charts with close to 1,000 employees, 135+ branches and 5,000-plus partners from about 180 employees, 46 branches and 500 partners back in the year of its commencement.

So, what have been the key differentiators responsible for this success?

The foremost reason is the company's utmost focus on honesty and transparency. When you choose Magma HDI, you get exactly what you have signed up for.

What's more, your struggle with endless, incomprehensible TnCs is over. Magma HDI believes in minimal TnCs that have important clauses highlighted. There are no hidden charges, and all costs are revealed to you upfront.

The company has a wide range of retail and commercial products on offer that suit requirements of all kinds of buyers. It has over 50 products across categories to choose from and has issued more than 24 lakh general insurance policies till date.

The foundation on which Magma HDI has been able to build its standing is its high claim- settlement ratio. Magma HDI has settled 94.1% of claims generated in FY 17-18 compared to the industry average of 87.2%. Owing to this, Magma HDI has successfully settled more than 1.25 lakh general insurance claims till date.

Additionally, the claim settlement process is absolutely hassle-free. Almost 87.17% claims made in FY 17-18 were settled in less than 30 days compared to the industry average of 62.1%.

A good insurance provider must not only assure you and your loved ones of a safety net in times of need, but also offer you the much-needed peace of mind that the promises made to you will be kept. To check both these parameters off your list, go ahead with a trusted partner such as Magma HDI.

We understand your fears and apprehensions and here’s what we have done to put an end to them, Magma HDI General Insurance’s range of policies for your health and assets:

1. Insurance is no longer tedious

It’s as easy as shopping online. Get a quick quote for general insurance policies CLICK HERE

2. Claims settlement is now transparent

We ensure a fair, transparent, and convenient claim settlement process.

In FY 18-19, Magma HDI has maintained a claim settlement ratio of 91.85% as compared to the industry average of 87.2%.

Our customer service wing works round the clock to have your queries addressed irrespective of the time of the day.

3. Perplexing T&Cs demystified

We believe in highlighting the important clauses of the Terms & Conditions,

You deserve simple hassle free claims!

At Magma HDI, ”Truth must be told” is the foundation of everything we do. Magma HDI has always attempted to change the game through significant efforts in making the claiming process simpler and less tedious. Securing the things most precious to you has never been this stress-free.

Thanks to the technology, computers or the smart phone in your hand filing a claim has never been easier.

For instance in case your vehicle meets with an accident and when you make a claim, Magma HDI trusts you and lets you take charge of the process . You don’t have to fill lengthy forms, attach documents of proof, or undergo a tedious process in getting your claim registered. All you need to do is attach a soft copy of your request and documentation and email us, or better yet! Fill your claim form online.

You can simply conduct a quick self-survey by clicking pictures of the damage vehicle with your smartphone, send it to Magma HDI’s online ‘Claim Updation’, and before you get home, the customer support ninjas at Magma HDI would have begun actioning your request.

The support staff operates 24x7, 365 days a year, ensuring your insurance claims are processed faster and these minor mishaps don’t create roadblocks in your life’s plans.

Apart from your faith and testimonial, we also have numbers backing us, higher percentages just don’t make for an excellent report card! They also account for credible insurance providers., Magma HDI has been able to outclass general insurance industry average in claim settlements. While the general insurance industry averages 87.2%, Magma HDI notched ahead at 91.8% in FY 18-19, with only 8.15% outstanding claims. The extremely convenient and efficient claim settlement procedure at Magma HDI has ensured less than 30-day claim settlement for almost 87.17% of the total claims made in the year.

We believe that you should be in control when it comes to making a claim or registering a service. Insurance is built on trust, if there is a one-stop general insurance partner who understands your needs and empowers you with total transparency, look no further than Magma HDI.