Motor Insurance

Your vehicle is one of the milestone investments of your life. It is a reflection of the person who drives it. It has toiled for you so many times and it is time you think about protecting your vehicle from unforeseen events such as theft or accident. Considering exorbitant repair costs, the slightest damage can burn a hole in your pocket. Hence, it is essential to purchase the Commercial Motor Fleet policy that understands the importance of an automobile in your life. We understand that each customer is unique with a precise set of needs. We enable you to choose the right add-ons by not just recommended but also explaining in a transparent and simple manner how each recommended add-on can benefit you. Our goal is  to ensure that you select and combine the right add-ons with comprehensive car policy so that you have full protection at the time of a claim. Whether it’s coverage for fender benders, keeping your ‘no claims bonus’ intact, protection for your engine from water ingress or maybe just tow-away assistance, we have it all. Also you can choose customized recommendation from  a host of add-ons designed to protect you in almost all kinds of situations that you may encounter. As per the Motor Vehicles Act, 1988 it is mandatory for every owner of a vehicle plying on public roads, to take Motor Insurance policy/Goods Carrying Vehicle policy, to cover the amount, which the owner becomes legally liable to pay as damages to third parties as a result of accidental death, bodily injury or damage to property. A Certificate of Insurance must be carried in the vehicle as a proof of such insurance.

Motor Insurance can be broadly classified as,

• Car Insurance gives coverage against accidental loss or damages to own car or to a third party. While choosing a car insurance policy, a person should always compare the premium offered by various insurers to ensure getting the best deal. The amount of premium would depend on the make & value of the car, as well as the state from where it is registered and its manufacturing year.

• Two Wheeler Insurance provides protection to bikes and scooters. The features of two wheeler policy are similar to car insurance.

• Commercial Vehicle Insurance helps all commercial vehicle drivers to reduce losses they might incur due to damage to their vehicle. Here commercial vehicles include those which are not used for personal purposes, like goods carrying vehicles.

• Third Party Insurance Policy covers a third person that has been injured in an accident involving you and your car. The policy doesn’t provide any direct benefit to the insured. As per Insurance Regulatory and Development of India (IRDA), no insurer can decline to underwrite third party insurance.

• Comprehensive Insurance Cover is an add on to the third party insurance plan and protects the owner from financial losses caused by damage or theft of the insured. Besides insuring vehicles, it also provides third party coverage.

• Liability-only Policy provides third party liability cover for bodily injuries and property damage. It also includes personal accident cover for driver.

Your car insurance policy is the most important document in your vehicle because it protects you against financial and  legal loss. Millions of car owners across India trust us to insure their car since we provide package policies that would protect them against physical damage, bodily injury / death and cover against third-party liability, bringing them security and peace of mind. All this is backed by our advanced claims servicing capability and fast settlement record for vehicles insured with us.