Vehicle Insurance
Vehicle insurance is a policy that provides financial cover against damage or loss involving a car, bike, or other motor vehicle. By paying a regular premium, you receive protection for your vehicle against events like accidents, fire, theft, or third-party liabilities. It also helps you meet the legal requirement of having a valid motor insurance policy before driving on public roads.
Types of Vehicle Insurance
Third-Party Liability Insurance
-Covers any damage or injury caused to another person, vehicle, or property due to your vehicle.
-It is the minimum mandatory insurance required for all motor vehicles.
-It does not cover damage to your own vehicle.
Comprehensive Insurance
-Offers coverage for both third-party liabilities and own vehicle damages.
-Protects against loss due to theft, fire, natural calamities, or accidents.
-You can enhance protection through optional add-ons like zero depreciation or roadside assistance.
Why Invest in Vehicle Insurance
Financial Protection
Helps manage repair or replacement expenses arising from accidental damages or theft.
Legal Compliance
Ensures you meet the mandatory insurance requirements for all motor vehicles.
Third-Party Coverage
Offers compensation for damages or injuries caused to others in an accident.
Own Damage Cover
Provides compensation for loss or damage to your own vehicle.
Add-On Benefits
Customise coverage through additional features such as engine protection, roadside assistance, or zero depreciation.
Cashless Repairs
Many insurers offer cashless repair facilities at network garages for added convenience.
