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Himanshu Kr Machhain (advocate)     08 November 2015

Car insurance

Hi I am buying Hyundai Creta Car for which I am taking loan from bank. the Cost of the car is 9lakh 68 thousand. Now when I got the Invoice they have included insurance of the car also with the above mentione amt i.e 41 thousand. when I talked to the executive of the co. that I wiil get my car insured myself not through the hyundai they said then we won't be able to deliver car to you because we have the instruction to do the same. when I spoke to the Insurance co. where my car which i am owning right now they are insuraing my new car at a very low amt with same properties. and give discount of no claim also. My question is what should I do, I don't want to insure my new car through Hyundai co. but I am afraid if I say this to them then they will not give the car to me for which I have wated about 4 months. because their insurance amt is on heigher side (Bumper to bumper) Insurance. please advice

thanks



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