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INSURANCE

Motor insurance (also known as, GAP insurance, car insurance, or vehicle insurance) is purchased for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise there from the specific terms of vehicle insurance vary with legal regulations in each region...

Car Insurance means insuring the financial risk involved while operating the car. The car might meet with any damages, accident or may be lost or stolen. In such a situation the losses borne by the owner may be compensated by the insurance company if the same is covered under auto insurance policy. Under the provisions of Auto Vehicles Act all the vehicles, which are operating in public places should have a car insurance policy at least to cover third party liability as specified under the Act. It means that the car insurance must cover the third party in case of any accident. It may or may not cover the damages of the owner of the car.

Car Insurance
Car Insurance provides protection against the losses incurred to your car either due to an accident or theft. The amount of premium for your car insurance is based on the Insured Declared Value of the vehicle. A higher IDV implies an increase in premium.

Third party insurance
Third party Insurance Protect against another party of claims. It is a basic insurance that will cover the damages caused due to your fault to another vehicle and its passengers. Under this kind of a plan, your vehicle will not be covered. It covers body injury, death and damage to third party property.

Expired car insurance
Customer can renew the expired car insurance policy. Car insurance can cover losses due to traffic accidents or theft to owner of a vehicle.

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