Motor Insurance

Motor insurance policy is mandatory for vehicle owners as per Indian Motor Vehicles Act 1988. This Plan is designed to give coverage for losses which the insured might incur in case it gets stolen or damaged. The amount of Auto insurance premium is decided based on the Insured Declared Value of a car and age of a car. The premium will increase, if you raise the IDV limit and vice versa.

There are three different types of insurance :

  • Private Car Insurance
  • Two-wheeler Insurance
  • Commercial Vehicle Insurance