What is Motor Insurance?
Motor Insurance covers your vehicle against accidents, theft, fire and natural calamities, plus third-party liability (mandatory by law).
Who needs it?
- Every vehicle owner — third-party cover is legally mandatory
- Owners of cars older than 3 years (engine protection add-on)
- Commercial fleet owners
Why it matters
Cashless repairs at network garages
Zero Depreciation, Engine Protect & Return-to-Invoice add-ons
24×7 roadside assistance
No-claim bonus of up to 50%
Common myths, busted
Myth: Cheapest premium is best.
Truth: Look at IDV, claim ratio and add-ons. We compare like-for-like.
Real claim examples
- ₹2.8 L cashless settlement for a flood-damaged car (Mumbai monsoon 2024).