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SAOD Short Term Car Insurance

Name: Standalone Own Damage Short-Term Car Insurance
Brand: IndusInd General Insurance
Rating: 4.9 (310 reviews)

At times, your car needs extra protection for a short period. Maybe you are planning a road trip, the monsoon is approaching, or you only drive during certain months. You already have mandatory third-party insurance that covers damage to a 3rd party, but what protects your own car from accidents, theft or natural disasters? When you just need auto insurance for a few weeks or months, a full-year policy seems expensive, but without it, your car is at risk.

The answer is simple: get standalone own damage car insurance for just the duration you need. A standalone OD policy for a car protects your vehicle against all kinds of damages – whether it's an accident on the highway, a fallen tree during a storm, theft or fire. You choose how long you want the coverage, pay only for that period, and your car stays protected without any long-term commitment.

At IndusInd General Insurance (formerly Reliance General Insurance), our Stand alone OD Insurance makes this simple and affordable. Buy online in minutes with no paperwork, customise your plan and access cashless repairs at 11,000+ garages nationwide*. With lower premiums than year-long policies and flexible coverage options, we protect your car exactly when needed.

What is Stand Alone Own Damage Short-Term Car Insurance?

Standalone Own Damage (SAOD) short-term car insurance is a type of insurance that offers financial coverage for the damages suffered by your insured four-wheeler.
Unlike third-party car insurance, which covers third-party liabilities, our Standalone OD car insurance is dedicated to covering your vehicle against unpredictable tragedies such as road accidents, natural calamities, theft, fire explosions, etc.

Our short-duration car insurance is perfect for car owners who want to have temporary coverage without investing in a long-term car policy. With this plan, you get the flexibility of choosing your coverage duration as per your requirements and budget.
Not only that, you can also adjust your coverage to meet your unique insurance requirements.

In essence, our SAOD short-duration car insurance is your #CarkaYaar, protecting your vehicle for the desired time without demanding a commitment to a long-term car insurance policy.

How Does Stand Alone Own Damage Short-Term Car Insurance Work?

Let’s say you already have third-party car insurance, but you want to protect your car during an upcoming road trip for a week. At this point, you can instantly purchase our Stand alone OD Insurance instead of buying an additional comprehensive insurance plan.
Here is how short-period motor insurance works:

Buy Our Policy

The process begins when you purchase our SAOD short-term motor insurance online. Here are

Instant Purchase: At IndusInd General Insurance, you can buy a SAOD short-term car plan instantly with zero paperwork. It is simple and quick.
Flexible Duration: You can purchase our short-term car insurance plans for any duration, from a few days to several months, based on your needs..
Customisable Plans: You can customise your SAOD short-term motor insurance by adjusting the coverage limit, adding useful addons, deciding on premiums/deductibles, and more.

Enjoy Short-term Coverage

Once you have purchased a SAOD short-term plan, you can enjoy focused coverage designed only for your vehicle.

Our plans will keep your car protected against various mishaps that are likely to occur during your selected tenure. These include accidents, theft, natural disasters, vandalism, fire, and more.

Faster Claims Settlement

You can raise a car insurance claim in case of an unforeseen tragedy, such as theft or a road accident. We ensure a smooth and timely resolution for your claim.

Cashless Claim: By opting for our cashless claims settlement, you can get your damaged car repaired cashlessly at our 11,000+ network garages. In this scenario, a significant portion of your repair expenses will be covered by us.
Reimbursement Claim: If you choose a reimbursement claim, you can get your vehicle repaired at any garage of your choice and get reimbursed later by submitting the necessary documents.

Benefits of Stand Alone Own Damage Short Term Car Insurance

A SAOD short-term car insurance policy offers targeted coverage for the insured car against covered events, such as accidents, fire, theft, and natural calamities.

Own Damage Coverage

A Standalone OD car insurance policy offers targeted coverage for the insured car against covered events, such as accidents, fire, theft, and natural calamities.

No Long-Term Commitment

With SAOD short-duration car insurance, you are not obligated to purchase a long-term car insurance policy, which is usually very costly.

Flexible Duration

SAOD short-term car insurance has a flexible coverage duration. Whether you need insurance for a week or a month, you can decide your policy tenure.

Cost-effective

The premiums of SAOD short-term car insurance are generally lower than comprehensive policies due to their shorter tenures.

Faster Claims Settlement

Because of their shorter tenure and straightforward coverage, short-term car insurance claims tend to get resolved faster than other insurance plans.

Why Should You Buy SAOD Short-Term Car Insurance?

Wide Range of Addons

We offer car insurance add-ons to ensure wide and dedicated coverage for your four-wheeler. From Zero Depreciation Cover and Engine Protection Cover to 24*7 Roadside Assistance, you can choose from a variety of add-ons.

Customisable Plans

Our SOAD short-term car insurance plans are completely customisable. By selecting your coverage type and policy tenure, you can enjoy excellent coverage that is worth every penny.

Cashless Claims Settlement

We have more than 10,000 cashless garages located across the country. In case of an unforeseen incident, you can get your vehicle repaired cashlessly at these facilities. We will directly settle your repair bill (except for the selected deductibles).

Reliability

IndusInd General Insurance is named among the company's most trustworthy insurance providers. By choosing our motor insurance plans, you can have peace of mind knowing your vehicle is financially protected by a reliable provider.

SAOD Short Term Car Insurance - Inclusion & Exclusion

What is Covered?

Own Damage: Our SAOD short-term car insurance plans cover expenses arising from unexpected damage to your insured vehicle.

Natural Calamities: IndusInd General short-term car insurance plans cover damages arising from natural calamities such as floods, earthquakes, storms, landslides, etc.

Man-Made Disasters: Our SAOD temporary car insurance plans also offer coverage for damages arising from man-made disasters such as riots, strikes, vandalism, etc.

Fire and Explosions: Our plans cover damages to your insured car caused by an unforeseen fire or related incident.

Theft: Our SAOD short-duration car insurance plans also cover the repair and replacement expenses incurred due to the theft of your insured vehicle.

What is Not Covered?

Self/Voluntary Damage: Our SAOD short-term car insurance plans do not cover any kind of self-inflicted damage to your insured car.

Damage Due to Illegal Driving: Any damages to the insured vehicle due to illegal or irresponsible driving are not covered.

Third-party Liabilities: Our Standalone Own Damage cover does not cover the damages done to a third party or property by your insured vehicle.

Damage Due to War/Nuclear Attack: Our short-term insurance plans do not cover any damage incurred to the insured vehicle due to war or a related situation.

Disclaimer: Get the complete details of your inclusions and exclusions from your policy documents.

Who Needs Stand Alone Own Damage Short-Term Car Insurance?

New Car Owners

Those who have recently purchased a car are among the common prospects of our SOAD short-term car insurance. You can purchase it with the mandatory third-party insurance.

Seasonal Car Owners

If you don’t use your car throughout the year, then buying car insurance for the short term is highly recommended over a year long insurance plan.

Car Owners Who Live in Disaster Prone Areas:

Our SAOD short term auto insurance is an excellent risk mitigation solution if you live in an area prone to natural disasters such as flood, earthquake, etc.

Others

Apart from the ones mentioned above, anyone who is looking to add an extra layer of protection to their vehicle can buy our SAOD short-term car insurance.

When Should You Buy SAOD Short-Term Car Insurance?

There is no right time to buy SAOD short-term car insurance. You can purchase it anytime you feel the requirement. Here are some common scenarios when it is ideal to get SAOD short-term car insurance:

The best time to purchase SAOD short-term car insurance is when you purchase your vehicle. You can buy it with the mandatory three-year third-party insurance and ensure own-damage coverage for your vehicle.

It is highly recommended that you get SAOD short-term car insurance after your car has recently undergone major repair or maintenance work. This helps ensure your vehicle’s safety for an extended period.

You can get SAOD one-day insurance or more if you are planning to transport your car over long distances. It will help you cover the potential damages that may arise during the transit.

When preparing your car for a road trip, it is ideal to buy SAOD short-term car insurance plans. These plans will help cover potential mishaps that can arise during your journey.

SAOD short-term car insurance is also recommended to deal with seasonal damages to the insured car. You can purchase it to prepare against extreme weather conditions.

Understanding IDV: What is the Insured Declared Value (IDV) in OD Car Insurance?

In case of total loss or damage of your insured four-wheeler, your insurance company agrees to reimburse your car value as per its IDV or Insured Declared Value. In simple terms, IDV refers to the highest amount your insurance provider will give you. Note that this is the current market value of a car, which is calculated based on the make, model, age, depreciation rate and a few other factors. Here is a depreciation schedule to calculate IDV, as per IRDAI:

Age of Insured Car	Rate of Depreciation
Below 6 months	5%
6 months to a year	15%
1 to 2 years	20%
2 to 3 years	30%
3 to 4 years	40%
4 to 5 years	50%

To help you a bit more, here is the formula to calculate the IDV of an insured car:

Insured Declared Value = Manufacturer’s Price - Depreciation Value

How to Buy SAOD Short-Term Car Insurance Online?

Visit the IndusInd General Insurance Website

Go to our website to buy car insurance online. At IndusInd General Insurance, you can purchase SAOD short-term car insurance in a few simple steps.

Enter the Required Details:

Fill in your personal and vehicle details such as name, email ID, address, vehicle make and model, vehicle RC and a few others.

Customise Your Plan

Next, customise your Stand alone OD Insurance by adjusting your coverage, duration, add-ons and other benefits.

Make Payment

Finally, make the payment using your preferred online payment method, such as a credit/debit card, UPI, net banking, etc.

Make Payment

Once your policy purchase is successful and you have received the confirmation, you can download the policy documents.

Eligibility Criteria for Buying SAOD Short-Term Car Insurance

Eligibility Criteria:

The eligibility criteria for buying short-term insurance for a car is the same as the eligibility criteria for any other type of car insurance. Here are the basic requirements you must fulfil if you want to buy a SAOD insurance car for 1 month or more:

Your age must be 18 years or above.
You must have a valid driving licence.
You must own a vehicle with a valid Registration Certificate (RC).

Note: Apart from this, you should also have a third-party insurance policy mandated by the Motor Vehicle Act of India.

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Claim Process for Stand Alone Own Damage Short Term Car Insurance

At IndusInd General Insurance, we have made the SAOD short-term car insurance claim process simple and quick. All you need to do is follow the given steps:

Inform Immediately: Report the incident to us via call or the IndusInd Insurance Insurance App right after the event occurs.
File FIR: Register an FIR for theft, vandalism, or accidents. Keep the copy safe for claim settlement purposes.
Document Everything: 3.Take photographs and videos of damages. Collect all evidence to help speed up your claim approval.
Submit Form: Download and complete the claims form and send it to us along with the specified documents. You can find the document requirements here.
Surveyor Assessment: Upon receiving your claims request, we will send our surveyor to access the losses.
Cashless Vs Reimbursement Claim

Once your claim has been approved, you can choose between cashless or reimbursement claim settlement.
Cashless Claim: With this option, you can get your car repaired at a IndusInd General network garage cashless. You just have to pay small deductibles.
Cash Reimbursement: With this option, you can have your car repaired at any non-network garage and be reimbursed as per the policy terms. For this option, you need to send the original invoices and a few other documents to the given address.

Third-Party Vs Short Term SAOD Vs Comprehensive Car Insurance

Parameters	Third-party Car Insurance	Comprehensive Car Insurance	SAOD Short-term Car Insurance
Scope of Coverage	Only covers third-party injuries, damages and losses.	Covers damages/losses to insured as well as third party or property as per the list of inclusions.	Covers damages/losses to the insured vehicle for a short period.
Legal Mandate	Mandatory	Not mandatory but highly recommended.	Not mandatory but recommended
Premiums	Lower	Higher due to comprehensive coverage and a broad list of inclusions.	Usually lower, but can vary based on customisation.
Add-ons	Not available.	Multiple add-ons available.	Multiple add-ons available.
Suitable For	Every motor vehicle owner	Individuals seeking complete protection for their vehicle as well as third-party liabilities, against potential risks.	Individuals who want own-damage coverage for a limited period. For example: seasonal drivers, travellers, etc.

How is SAOD Short-Term Car Insurance Premium Calculated?

Multiple factors are taken into consideration when calculating the SAOD insurance premium. Some of the important premium calculation factors are:

Type of vehicle (make and model)
Age of vehicle
Cubic capacity of engine (CC)
Geographic location
Insured Declared Value

Please note that SAOD premium calculation is highly influenced by the IDV of the insured vehicle. Here is how it is calculated

IDV = Manufacturer’s Price - Depreciation Value

Once you have the IDV of your car, you can use the below formula to calculate the SAOD short-term car insurance rates for your policy:

SAOD Premium = IDV X [Premium Rate] + [Addons] - [ Discount and Other Benefits]

How to Reduce SAOD Short-Term Car Insurance Premium Amount

Select Higher Deductibles

The most effective way to reduce premiums for short-term insurance for cars is to opt for higher deductibles.

Opt for the Right IDV

Ensure that you have used the right IDV for your vehicle. The IDV directly impacts the premiums and claims settlement amount.

Avoid Unnecessary Add-Ons

SAOD car insurance plan add-ons come at a price that can significantly increase your premiums. So, avoid buying covers you don’t need.

Buy Online

Buying IndusInd General insurance plans online can significantly reduce your short-term car insurance rates with up to a 40% discount.

Factors Affecting SAOD Short-Term Car Insurance Premium

Age and Make-Model of Car

Newer cars attract higher premiums due to their higher IDV. Similarly, luxury and premium cars have higher premiums than regular cars due to their repair and replacement costs.

Insured Declared Value

A higher IDV results in higher premiums because of your car’s higher replacement/repair cost. On the other hand, a lower IDV can lead to lower SAOD short-term auto insurance premiums.

Cubic Capacity of Engine (CC)

Vehicles with large engine capacities have higher short-term car insurance premiums than low CC vehicles. This is again due to the higher repair and replacement costs.

Addons

If you purchase multiple add-ons, your premiums will automatically increase. To save on premium, it is suggested that you purchase only necessary add-ons for your unique needs.

No Claims Bonus

A No Claims Bonus or NCB is a benefit that is given when you haven’t made a claim during the policy year. By driving safely and ensuring no claims, you can significantly reduce your premiums.

Tips for Choosing the Best SAOD Short-Term Car Insurance Policy

Always compare multiple short-term car insurance plans before making a final purchase and select the one that meets your budget and requirements.

SAOD standalone car insurance is all about customisation. So, before finalising a policy, make sure it offers a good scope for customisation.

It is essential to choose a reliable insurance company like IndusInd General Insurance to enjoy reliable coverage and hassle-free claims settlement.

Ensure that the claims process of the plan you are purchasing is simple and quick. We offer 24*7 claims assistance.

Before purchasing a policy, read the wording carefully and understand the terms and conditions. This will help you ensure that it covers your desired scenarios.

Key Takeaways

SAOD Short-Term Car Insurance provides own-damage protection without a full-year commitment. This standalone OD policy for cars covers accidents, theft, natural disasters, fire, and vandalism for durations you choose – days, weeks, or months. Combined with mandatory third-party insurance, it gives complete vehicle protection at lower costs.

Standalone own damage car insurance puts you in control. Select your coverage period, add useful covers if needed, and set your budget. Premiums depend on your car's value, age, and coverage duration – so you pay only for what you use. Perfect for road trips, seasonal driving, monsoon protection, or temporary needs.

We make it effortless at IndusInd General Insurance (formerly Reliance General Insurance). Buy instantly online, file claims through our IndusInd Insurance Insurance app and get cashless repairs at thousands of garages across India. With transparent pricing and reliable support, we deliver the right protection exactly when your car needs it most.

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Frequently Asked Questions (FAQs)

What is SAOD Short-Term Car Insurance?

SAOD short-term car insurance refers to a short-term car insurance policy with standalone own damage. In simple terms, it is a type of insurance plan that offers Own-Damage coverage to the insured vehicle for a short period. It can be purchased for a month or a few days to enjoy temporary coverage.

I have SAOD short-term insurance. Will my insurance company reimburse me if my car gets stolen?

Yes. If your insured car gets stolen within the tenure of your SAOD short-term insurance, we will reimburse you up to the Insured Declared Value of your car. Please note that the insured declared value (IDV) is calculated based on the market value of your vehicle minus the depreciation rate applicable to it.

My driver got drunk and got involved in an accident. Will my SAOD short-term insurance cover the losses?

No. Drinking and driving is a legal offence in India. For this reason, any loss or damage that occurs to the insured vehicle will not be covered by the Standalone OD car insurance plan.

Who is eligible for SAOD Short-Term Car Insurance?

If you are over 18 years of age and have a valid driving licence, you can buy SAOD short-term or temporary car insurance.Please note that a standalone own-damage policy doesn’t cover your third-party liabilities. Hence, it is mandatory to have third-party car insurance alongside your OD car insurance plan.

How can I claim SAOD short-term car insurance?

The claim procedure for SAOD short-duration car insurance is the same as that for any other type of car insurance policy.You can file your Standalone OD car insurance claim by filling out a claims form and submitting the requested documents. Once your claim is verified and approved, you can opt for cashless or reimbursement settlement.

What is the best time to purchase standalone, own-damage short-term insurance?

There is no best time to purchase standalone own-damage short-term insurance. You can purchase it anytime you need it.For example, you can get it before your road trips or to prepare your vehicle against seasonal challenges such as hot summers or monsoons. You can also buy it after your car has undergone any critical repairs and upgrades to keep your investment safe for an extended period.

Is SAOD insurance mandatory?

No. Standalone Own Damage insurance is not mandatory for motor vehicle owners in India. However, they must possess valid third-party liability insurance with a minimum coverage of 5 years.While SAOD insurance is not compulsory, it is highly recommended as it offers coverage for the insured vehicle’s own damage.

Is an OD cover important?

Yes. Own-Damage (OD) insurance is extremely important. The reason behind this is simple: third-party insurance is mandatory, but it doesn’t offer coverage for your vehicle.Hence, to protect your vehicle against unforeseen accidents, it is critical to purchase an own-damage (OD) cover with your policy.

What does SAOD Short-Term Car Insurance cover?

SAOD short-term car insurance mainly covers damages or losses sustained by the insured four-wheeler due to unforeseen accidents, natural hazards, riots, vandalism, theft, fire, etc.

My car got damaged due to overspeeding. Will my SAOD short-term insurance cover the losses?

No. The SAOD short-term car insurance or any other type of car insurance policy does not cover damages or losses that occurred due to your negligence or illegal driving practices.It only covers the unforeseen damages arising from unprecedented accidents, natural calamities, man-made disasters, theft, fire, etc.

Can I renew SAOD Short-Term Car Insurance?

Yes. You can renew your SAOD short-term car insurance plan in the same manner as any other insurance policy. To do this, you can visit your insurer’s website and find the “Renewal” section. Once found, fill in your policy details along with other specified information and follow the instructions to renew your insurance plan.

Is it mandatory to purchase SAOD car insurance and third-party car insurance from the same provider?

No. It is not mandatory to buy your SAOD and third-party car insurance from the same insurer. You can get them from different providers based on your preferences.At IndusInd General Insurance, we offer both third-party and SAOD short-term car insurance. You can purchase it online and enjoy benefits like discounted premiums, instant policy purchase and more.

Which is better: SAOD short-term car insurance or comprehensive car insurance?

Both comprehensive car insurance and SAOD short-term car insurance are great options but suit different scenarios.If you already have a third-party car insurance policy, the SAOD short-term car insurance plan is a great option. It will provide 360° protection for your car when combined with the existing third-party policy.However, if you haven’t purchased a third-party insurance plan yet, it is recommended that you get a comprehensive car insurance plan that offers coverage for both your own damage and third-party liabilities.