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Motor Insurance
Motor Insurance
Motor Insurance
Motor insurance is a legal agreement between you, the insured, and the insurance company or the insurer, wherein the insurer is liable to cover any financial losses that occur because of an accident or theft of the car or damages to a third party because of the car. The extent of coverage, however, depends on the terms and conditions of the car insurance policy document.
Now buy your dream car without the financial stress of owning one. Car insurance allows you to safeguard yourself and your dependents from financial losses that could arise out of damages to your car. The damages may occur because of accidents, theft, natural calamities, and much more. Buying car insurance is simple, hassle-free, and convenient.
Why Do You Need Car Insurance?
It is mandatory by Indian law, as per the Indian Motor Vehicles Act.
It protects from any third-party liabilities arising because of damages caused by your car.
It protects you from the financial losses of car theft.
It protects you from losses arising out of accidents and damages from natural calamities.
With car insurance, you can avail a personal accident cover up to a certain amount.