Car Insurance

Car insurance is not a choice, it’s a necessity. Having a car insurance is important because it covers all your expenses that you may incur due to theft, vehicle damage or injuries to passengers, drivers or pedestrians.

Car Insurance

A few key benefits

  • Protection for loss or damage caused to your car
  • Indemnity for third-party property damage up to a certain limit of Rs. 7.5 Lakhs
  • It provides personal accident cover to you, your paid driver as well as the occupants in the car.
  • It offers unlimited liability cover for third party injury claims/third party death.

What’s covered under a car insurance policy ?

  • It covers your vehicle against accidents, theft, disasters such as fire, earthquake, floods, etc.
  • Damage caused to somebody else’s vehicle or property.
  • Paid driver, employees or any unknown passenger.
  • It covers your family members (including you) with personal accident policy.
  • Injury or death of another individual due to an accident caused by you.

What’s not covered under a car insurance policy ?

Here’s a list of things not covered under a car insurance policy:

  • This excludes mechanical OR electrical breakdown.
  • Damage caused by an individual under the influence of drugs and alcohol.
  • Paid driver, employees or any unknown passenger.
  • Damage caused by a person who is driving the car without a valid license.
  • Normal wear and tear, depreciation or any other consequential loss.
  • Loss or damage due to nuclear risk or war.
  • Wear and tear of consumables such as tyres and tubes.

So, it can be fairly said that an insurance policy is a must for every car owner. Besides, there are multiple policies available in the market these days comprehensive car insurance package lends safety to you as well as your car.