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Vehicle Insurance

Vehicle Insurance

Vehicle Insurance, it helps us to protect our vehicles like car, truck, bus or any four-wheeler. In India vehicle insurance is mandatory by the Motor Vehicle Act, 1998. Any four-wheeler in India is required to have insurance policy which covers the third party liabilities at the minimum.

Now different kind of car insurance explained below:

1. Third party liability insurance:

The third-party liability offers limited cover. It covers any damage or injuries happened to the third party during an accident. Wherein it does not cover the damage or injuries happened to insured vehicle.

2. Comprehensive Car Insurance:

As the name states, this policy offers all the benefits of third party liability cover and in addition to that comprehensive car insurance covers the damages happened to the insured vehicle as well.

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