Vehicle insurance is important for all the vehicles, according to the Sri Lanka Motor traffic law. When people buy cars, vans, motorcycles, Scooters, tuk tuk or other vehicles for transport purpose, the law requires the owner / the driver to have third party insurance for that vehicle. Without this valid 3rd party Insurance coverage no person can’t drive vehicle on the roads in Sri Lanka. Failure to have a valid third party insurance will end up in court prosecution. In these days vehicle owners in Sri Lanka used to go for Full Insurance packages for their vehicles. For instance, lot of vehicle’s side rear view mirrors had been stolen by thieves. Also similar objects too had been stolen from the parked vehicles. In these situation, full insurance used to cover the replacement of the cost of the stolen spare parts.
Sri Lanka insurance companies offer a scheme called as full coverage for the vehicle owners. This premium is priced heavy but will cover every aspects when something happens wrong to the vehicle. It is not a problem whether the vehicle was traveling or parked, the insurance will cover that incident.
Top vehicle Insurance company’s insurance offer in Sri Lanka.
For instance, same Class Vehicle Replacement.
In addition, Free Rs 4 Million as accidental Cover.
In addition on the spot warranty cover for 10 years.
Replacement of items? Full value paid.
Renewal? 15 days grace period.
Women are eligible for Plastic Surgery.
Brand New or Unregistered vehicle condemned within 2 years of purchase, vehicle will be replaced.
Moreover countrywide 24 Hour road assistance.
Furthermore up to 70% No Claim Bonus, on the next year premium payment.
Vehicle Insurance Companies in Sri Lanka.
Janashakthi Insurance. www.janashakthi.com
Sanasa Insurance Company www.sdb.lk
Co-operative Insurance Company Ltd www.ci.lk
Sri Lanka Insurance Corporation Ltd. www.srilankainsurance.com
Allianz Insurance Co Lanka Ltd. www.allianz.lk
Ceylinco Insurance Co. Ltd. www.ceylinco-insurance.com
ABC Insurance Company Ltd. www.abcinsurance.lk
Eagle Insurance www.eagle.com.lk
Sri Lanka Export Credit Insurance Corporation www.slecic.lk
Amana Takaful Insurance www.takaful.lk
On what your annual insurance fees depends on?
In addition want to get paper for your car, jeep or for any other vehicle? After that following things will increase or decrease the premium value. These information are required from you by the vehicle service providing companies in Sri Lanka. Further more they are to be true and correct when you are submitting the documents at their office. In conclusion then only they will calculate and decide on to give you the insurance for your vehicle with the correct value.
Price of the vehicle.
Vehicle type in addition Year of make.
Comprehensive or Third party
Usage as private or hiring.
In addition, vehicle purchasing method.