All cars operating on Indian highways must be insured. The need for insurance has increased significantly in recent years as a result of the enormous number of vehicles that have entered Indian streets. It's crucial to think about potential collisions that can happen and harm your car.

Car insurance provides financial protection against road accidents, fire accidents, theft, disasters caused by humans, natural calamities and total loss. Car insurance coverage can be helpful to the policyholders in these circumstances and it will greatly reduce the costs associated with your car repair and automobile parts replacement.

What are the Types of Car Insurance Policies?

Here is the five types of car insurance coverage available in India. Along with this basic coverage, you can select a number of add-ons based on your requirement to enhance the protection.

• Third-Party Liability Only Cover
• Collision Damage or Own Damage (OD) Cover
• Personal Accident Cover
• Zero Depreciation
• Comprehensive Car Insurance

What is Covered Under Car Insurance Policy?

• Cover for damages to your vehicle
• Cover for damages caused by natural calamities
• Personal accident cover
• Cover for damages incurred due to man-made disasters
• Theft
• Damages to property

What is not Covered Under Car Insurance Policy?

• Damages to vehicle when it was being used for illegal purposes.
• Accidents that are deemed fraudulent by the insurer.
• Damages incurred by the vehicle when it was being driven by someone who was under the influence of alcohol or drugs.
• Damages incurred by the vehicle when it was being driven by someone who does not have a valid driving license and who has not attained the legal driving age.
• Damages incurred by the vehicle when the driver was breaking traffic rules.

Note: Each policy has its own list of exclusions that you are expected to read carefully at the time of purchasing one.