Car Insurance

Car insurance is basically a contract between a client and an insurance company. The insurance provider agrees to pay the client the losses defined in the policy, in exchange for the premium paid by the client.

Car insurance offers third-party liability coverage on property and life. This implies that if a third party incurs a loss in an automobile accident caused by the insured automobile, the automobile insurance company will defray the expenses.
Some policies also offer medical coverage, either in the form of additional clauses or as a built-in aspect of insurance coverage. Medical coverage pays predominantly for the cost of treating injuries, compensation for lost wages, rehabilitation expenses and funeral costs.
Coverage under an automobile insurance policy also includes vehicle damage or theft.


Auto insurance policies are generally valid for 1 year, after which they will have to be renewed. The policies can be broadly classified into two types, that is, liability insurance and comprehensive insurance. These two products vary mainly in the extent of the insurance coverage they offer.

Civil liability insurance: these policies offer limited coverage, as is clear from the name. The coverage of these plans includes protection against third-party injuries and damage to your property. These policies do not offer coverage for losses incurred by the insured vehicle or its owner. India’s legal system makes third-party liability insurance coverage mandatory for all vehicles.
The basic inclusions of liability coverage are the following:

Liability for damages to third party vehicles involved in the accident
Liability for injuries to third party personnel involved in the accident
The basic exclusions of a liability coverage are the following:

Responsibilities for damages to the own vehicle involved in the accident.
Liability for injuries to third party personnel involved in the accident