Vehicle insurance is a policy that protects your car or bike from financial losses due to accidents, theft, fire, natural disasters, and third-party damages. It is legally required to drive on Indian roads and provides peace of mind every time you hit the road.
Whether you own a car or a two-wheeler, insurance is essential to keep your vehicle and your finances safe.
š Covers Accidental Damages
š ļø Cashless Repairs at Network Garages
š§ Covers Theft, Fire, and Natural Disasters
š„ Third-party Liability Cover
š° Saves You from Huge Expenses
š§¾ Mandatory by Law (Motor Vehicle Act)
Third-Party Insurance ā Covers damage to other people or property
Comprehensive Insurance ā Covers your vehicle + third-party + theft, fire, and disasters
Own Damage Cover ā For damage to your own vehicle (available for new vehicles only)
Yes. At least a third-party insurance policy is legally required to drive a car or bike in India.
Third-party covers damages to others. Comprehensive covers both third-party liabilities and damage to your vehicle.
Inform the insurance company, file an FIR (if needed), submit documents, and get your vehicle inspected. You can also go for cashless repairs at network garages.
Yes. The policy can be transferred to the new owner with proper documentation.
IDV (Insured Declared Value) is the current market value of your vehicle. It affects your premium and claim amount.
Premium depends on the vehicle’s age, model, location, type of coverage, and IDV.
Yes, but it’s best to renew before the expiry date to avoid inspection and penalties.
Yes. If you donāt claim insurance for a year, you get a discount on your next premiumāeven for bikes.
Not by default. You need to buy Engine Protection Cover as an add-on with comprehensive policies.
Popular add-ons include:
Zero Depreciation Cover
Engine Protection
Roadside Assistance
Return to Invoice
Consumables Cover
