Types of Motor Insurance

Check what are types of Motor Insurance Available in India.

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Motor Insurance is provided for mainly 3 Categories

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Car Insurance

If your car is involved in an accident that results in damage or loss to the property of any third parties, it is covered under the car insurance.

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Bike Insurance

Two-wheeler insurance is an insurance policy that covers you against damages to your two-wheeler due to accidents, natural/man-made disasters, fire, and theft.

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Commercial Vehicle Insurance

Commercial vehicle insurance policy compensates for losses that are incurred due to damage resulting from theft, accidents, and natural disasters.

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3 Types of Motor Insurance 

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Third-Party Liability 

It is the basic & minimum mandatory requirement for all motorised vehicle owners, as per the Motor Vehicles Act of 1988.

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Own Damage Cover

Own Damage Car insurance a.k.a. OD Insurance is a motor insurance policy that is intended to safeguard your car against unforeseen own damages.

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Comprehensive Cover

Comprehensive insurance is insurance coverage that pays for the repair or replacement. This insurance covers third-party  issues & accidental damages.

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