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Tips on Car Insurance

22 August, 2019

CAR INSURANCE IN INDIA – DETAILS AND TYPES   Car Insurance in India, apart from being legally mandated, offers a great deal of protection to the owner-drivers. Following are some of the coverages provided – Loss or Damage to the vehicle due to fire, accident, theft, explosion, natural disasters, riots, terrorism, etc. Personal Accident Cover for owner-driver up to Rs....

CAR INSURANCE IN INDIA The Motor Vehicles’ Act has laid down a legal mandate for all vehicles to possess a valid insurance policy to be eligible to be driven on Indian roads. The legality of it aside, car insurance is imperative to ensure a stress-free and enjoyable driving experience in your car. The car insurance policies in India are of two types – Third-party...

07 August, 2019

CAR INSURANCE IN INDIA   As per the Motor Vehicles’ Act, it is imperative to insure your car before plying it on roads. Apart from the legal mandate, car insurance also protects the owner-driver against any financial liabilities arising from car accidents, damage to the car, theft of the car, and damage to any third party. Car accidents and damage to the car or third party are...

Many people prefer to opt for comprehensive car insurance. However, The Motor Vehicles Act, 1988 specifies only third-party insurance is compulsory for Indians to own a car. If you are wondering what is third party insurance for car? Third-Party Insurance is the safety net that protects the vehicle owner against legal liability caused by the insured vehicle in the event of an...

Your vehicle is one of the most valuable possessions of your life. Thus, it deserves the best care and protection. Motor insurance is designed to protect you, as a vehicle owner, from third party liability as well as damage to your vehicle.     According to the Motor Vehicles Act, all vehicles plying on public roads must compulsorily have Third Party Liability...