Can a car be registered in one name and insured in another in India?
Ans: No. You cannot transfer the RC or registration certificate of your car to someone else’s name without a vehicle insurance policy. This is because car insurance is one of the documents to be submitted to the RTO to get your four wheeler’s RC transferred.
What does ex mean in ex-showroom?
Ex-showroom Price Ex-Showroom vs On-Road Car Prices In India. This is the price which you see in the car advertisements as mentioned earlier. Ex-showroom price is the price which includes the manufacturer’s cost. The cost at which the car is manufactured at the facility along with the GST (Goods & Services Tax).
Is it illegal to insure a car at a different address?
Using someone else’s address for car insurance will get you into trouble. If your insurance company learns that you’re not living at the address your vehicle is registered to or that the vehicle is not being used at the address on the policy, you may have your insurance policy canceled.
Can ex-showroom price be reduced?
There are very little chances of getting discount as dealers already try to keep the price at minimum due to competition with other dealers of same company. You can ask for additional accessories free of cost with the car. That depends on you and the dealer that how much you get for free. Yes you can bargain.
Why is it called ex-showroom price?
This is the price of the vehicle before factoring in the cost of vehicle registration, insurance, and road tax. This is the price of the vehicle after factoring in the cost of vehicle registration, insurance, and road tax. A vehicle’s Ex-showroom Price is lesser than the On-road Price.
Can I have two addresses on car insurance?
No, getting car insurance with a different address is considered fraud. Car insurance companies check your address, so as tempting as using another address for car insurance might be, that can be risky. One great, legal way to save money on your car insurance rates is to find the lowest quote and go with that company.
Can I insure my son’s car in my name?
If you want someone else insured on your car, you can also add him or her to your policy as a named driver, or additional driver. There will usually be a charge to do so, although in some cases adding a more experienced named driver can cut the cost of car insurance.