Motor Insurance
Motor Insurance is a type of insurance policy that covers your vehicles from potential risks financially. Policyholder’s car or two-wheeler is provided financial security against damages arising out of accidents and other threats. In India, motor insurance is mandatory.
Add-On Benefits
- Nil depreciation: Entire cost of replacing car parts in the event of an accident. As part of this cover, the claim amount will not be reduced by the depreciation value of the damaged parts.
- Key protection: Coverage for lost, stolen, or damaged keys.
- Personal baggage: Insurance coverage for personal belongings kept inside the car.
- 24 x 7 Road Assistance/Towing: Assistance and towing services provided in case of emergencies.
- Cost of consumable: Coverage for consumable items like engine oil, nut bolts, etc., during repairs.
- Engine Protection: It pays for repair & replacement or damage to internal parts of engine: Gear box and related consumable excluding fuel.
- NCB Protection: Protection to maintain the No Claim Bonus (NCB) even after making a claim.
- Tyre Protection: Coverage for repair or replacement costs of damaged tyres.
- Return to Invoice: Guarantees the reimbursement of the car’s invoice value in case of theft or total loss.
Categories
Private Car
Two Wheeler
Commercial Vehicles
Types of Insurance
1. Third Party liability insurance policy
In India, under the Motor Vehicles Act, all car owners must have at least third-party liability insurance. This covers damages or injuries caused by the insured to third parties or their property while driving on public roads.
2. Standalone own damage car insurance policy
This policy financially covers the accidental damages caused to the insured car and can be purchased with already third-party insurance.
3. Comprehensive car insurance policy
This policy covers third-party liabilities and own damages. It offers cashless repair services at the insurer’s network garages and allows policyholders to add extra benefits at a nominal cost.
4. Pay-as-you-drive insurance policy
USP
- Timely quote submission with comparison of various insurance companies with hard negotiations
- Thorough audit of each policy, with review of Add-on coverage provided, if any necessary endorsements
- Hassle free claim intimation with timely settlements.
USP
- Timely quote submission with comparison of various insurance companies with hard negotiations
- Thorough audit of each policy, with review of Add-on coverage provided, if any necessary endorsements
- Hassle free claim intimation with timely settlements.
Frequently Asked Questions
Entire cost of replacing car parts in the event of an accident. As part of this cover, the claim amount will not be reduced by the depreciation value of the damaged parts.
- Coverage for lost, stolen, or damaged keys.
- Insurance coverage for personal belongings kept inside the car.
- Insurance coverage for personal belongings kept inside the car.
- Insurance coverage for personal belongings kept inside the car.
- Insurance coverage for personal belongings kept inside the car.
- Insurance coverage for personal belongings kept inside the car.
- Insurance coverage for personal belongings kept inside the car.
- Insurance coverage for personal belongings kept inside the car.
Categories
1. Private
2. Two Wheeler
3. Commercial Vehicles
- Good Carrying Vehicles e. Trucks Tempo.
- Passenger Carrying Vehicles e. Rickshaws, Buses, Taxis.
- Miscellaneous Vehicles i.e. Ambulance, Funeral van, Cinema Film, etc…
Benefits
- Nil depreciation: Entire cost of replacing car parts in the event of an accident. As part of this cover, the claim amount will not be reduced by the depreciation value of the damaged parts.
- Key protection: Coverage for lost, stolen, or damaged keys.
- Personal baggage: Insurance coverage for personal belongings kept inside the car.
- 24×7 Road Assistance/Towing: Assistance and towing services provided in case of emergencies.
- Cost of consumable: Coverage for consumable items like engine oil, nut bolts, etc., during repairs.
- Engine Protection: It pays for repair & replacement or damage to internal parts of engine: Gear box and related consumable excluding fuel.
- NCB Protection: Protection to maintain the No Claim Bonus (NCB) even after making a claim.
- Tyre Protection: Coverage for repair or replacement costs of damaged tyres.
- Return to Invoice: Guarantees the reimbursement of the car’s invoice value in case of theft or total loss.
Categories
- Private
- Two Wheeler
- Commercial Vehicles
- Good Carrying Vehicles e. Trucks Tempo.
- Passenger Carrying Vehicles e. Rickshaws, Buses, Taxis.
- Miscellaneous Vehicles i.e. Ambulance, Funeral van, Cinema Film, etc…