If your car gets stolen, you will get full insurance money, quickly add on Return to Invoice cover | car theft insurance claim a

Nowadays, cases of car theft are coming up quite frequently. In such a situation, people are afraid that their hard-earned money might get stolen. That is why people take insurance but does the insurance company pay the full amount if the car is stolen? Do not worry at all if the car is stolen because the insurance company can return the entire money to you. But for this, you will have to add return-to-invoice cover while taking car insurance. Read below about what return-to-invoice is and how it works.
Every year lakhs of cars are stolen which everyone is sad about. But if you get all the money back after the car is stolen then there is not so much problem. For this, do these things before the car is stolen.
What does RTI or Return-to-Invoice cover?
Return to Invoice cover is an add-on cover that is provided in a comprehensive car insurance plan. The person who takes the insurance gets full compensation from this cover. This means that if your car is stolen or develops a problem that cannot be repaired, you will get the full value of the previous invoice.

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Who can take RTI cover insurance?
RTI cover is offered to new cars. In a normal insurance cover, the maximum value of your claim depends on the IDV. RTI is an add-on option that eliminates the difference between the insured declared value and the invoice price of the car. Every year, due to depreciation, the IDV of your car becomes less than its invoice price.
To understand this in simple language, understand it like this – in RTI, you get the on-road price of the car, that is, the price at which you bought the car, depreciation is not added to it.
When is this cover applicable?
In the Return to Invoice cover, you cannot claim on minor scratches on the car or repair bills, cracked windshield, etc. RTI can provide you financial support in case your car is stolen or suffers irreparable damage.