Third Party Car Insurance
This policy protects you from any legal liability if your car is involved in an accident.The Motor Vehicles Act, 1988 has made Third party insurance mandatory for vehicles plying on the Indian roads.A car without third party insurance is deemed illegal.
Comprehensive Car Insurance
A comprehensive insurance cover is a matter of convenience because it covers you for everything included in third party car insurance and also for damages caused to your own car from fire, vandalism or falling objects (like a tree or hail)
Compulsory Personal Accident (CPA) Cover for registered vehicle owner
This section of vehicle insurance provides financial support of Rs.15 lakhs to the policy holder / family members in an unfortunate event of accident disability/death of the policy holder (registered vehicle owner)
Auto liability coverage is mandatory in most states. Drivers are legally required to purchase at least the minimum amount of liability coverage set by state law. Liability coverage has two components:
Medical Payments Coverage
If you, your passengers or family members who are driving the insured vehicle are injured in an accident, medical payments coverage may help pay for costs associated with the injuries. Covered costs may include hospital visits, surgery, X-rays and more.
If you’re involved in an accident with another vehicle, or if you hit an object such as a fence, collision coverage may help pay to repair or replace your car (up to its actual cash value and minus your deductible). Collision coverage is typically optional. It may be required, however, by your vehicle’s leaseholder or lender.