Well I got the delivery of my CITY2006 on 17th MArch and I insured it with EFU on MArch 24th....It cost me Rs.33,000 for a year....
Main condition to it was IF THE CAR IS STOLEN.A REPORT WOULD BE FILED AND AFTER THE CASE IN "Dakhil Daftar"(I don't what does that mean)...THE SURVEY WOULD BE CONDUCTED BY EFU TO KNOW THE PREVAILING PRICE OF THAT CAR IN THE MARKET AND (now is the interesting part)whichever is less (actual value or Mkt value) will be paid...
YES!!!!! which ever will be LESS (L E S S) would be paid....