The recent increase in motor vehicles can be the major cause of accidents and casualties, which needs more protection for the people who use vehicle. Motor Insurance is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as keying, weather or natural disasters, and damage sustained by colliding with stationary objects.
Our standard Motor Insurance covers damage to your vehicle due to:
- Fire, lightening or self-ignition or explosion of parts of the vehicle.
- Earthquake, flood, landslides, hurricane, snow.
- Sudden/accidental causes of loss or damage.
- Theft, robbery/masked robbery.
- Bodily injury and medical fees.
It includes the insurance related to the following:
- Private Car Insurance
Car Insurance gives coverage against accidental loss or damages to own car or to a third party. The amount of premium would depend on the make & value of car, state from where it is registered and manufacturing year.
- Motorcycle Insurance
It provides protection to bikes and scooters. The features of two wheeler policy are similar to car insurance.
- Commercial Vehicle Insurance
Commercial vehicle insurance helps all commercial vehicle drivers to reduce losses they might incur due to damage to their vehicle. Commercial vehicles include those which are not used for personal purposes, like goods carrying vehicles.