1st Renewal of Insurance Policy

If you will take the insurance from other companies then they will verify about the NCB after that only they will accept your insurance.

But i dont have any Claim for the NCB.

I have already taken 4 claims.LOLz

You have already taken claims on your SX4?

You will not get any NCB benefit and you will have to pay the entry load extra.

thanks for all your replies today i have visited bajaj alliance but they said now they are not giving insurance to tata vehicle because of higher claim ratio and also now reliance  reduced 30% discount to 20% for tata vehicle for same reason ,anyway i got a quote from reliance premium was on 1st year 12602(IDV 4,54223rs) now10430(3,80000)they had given discount of1290(11720-1290=10430) of dealer discount is this a good deal or should i bargain????

That's not for pvt. vehicles, I suppose.  Anyway!!

Premium sounds quite competitive.  Check/counter-check the premium offered with that of others - can check with IFFCO, Tata AIG, ICICI Lombard.  Bargain to the extent possible.

thanks pankaj ,how ill bargain with reliance because i want to stick on it,they told this is the maximum discount if i want more low premium means i have reduce my IDV,what to do?

Do not go for lower IDV.  Check premium offered by others.  If others offer lesser than that quoted by Reliance, bargain with Reliance & ask them to reduce accordingly.  They would, in all probability reduce it, for the fear of otherwise losing clientele.

thank you verymuch pankaj today again reliance guy called me i asked more disount finally he given 9820rs,i think this is good deal can i finalise it?what are all things should i check when i renew because i bargail and they reduced premium amount so i fear they will do some kind of fraud to me? IDV and voluntary deduction other than what are all gimmiky?how i ll find wheteher they opt for voluntarry deduction is it note in my renewal paper?

Check/ensure that the IDV is same as decided & the policy is comprehensive.  Comprehensive means cover for own damage, 3rd party liability, Personal accident for owner/driver & for passengers.

Also check how much excess amount they have mentioned which will be mandaotry deducted from your claims.