Its insurance for vehicles like Cars, Bikes, Scooters, Trucks, Taxis, Buses, etc. It provides financial protection against physical damage or theft or third-party liabilities or other kinds of damages that could arise from an accident or incident.

Third-party liability insurance

This insurance provides cover to third-party liability for damages to property of third party as well as for bodily injuries or death of persons. As per Motor Vehicles Act, 1988, Motor insurance is mandatory.

Comprehensive motor insurance

It includes third-party liability cover and the expenses incurred by the policyholder in the event of damage or theft of the insured vehicle.

Standalone Own Damage insurance

It provides protection in the event of damage, accident or theft of the insured vehicle. It does not provide cover to third-party liability