Motor Insurance

Motor Insurance

Motor Insurance is mandatory and a legal requirement for all on-road vehicles. It is compulsory for vehicle owners to procure at least third-party motor insurance. There are three main types of motor insurance Car Insurance, two-wheeler or bike insurance, and commercial vehicle insurance. Basic motor insurance covers the damage or loss to the vehicle due to an accident, fire, theft, etc. It also provides personal accident coverage to the driver and protection against natural disasters. Most vehicle owners unknowingly buy only third-party motor insurance just because it is cheaper and mandatory. However, it provides protection only against legal liability to the third party by compensating for its personal injury, loss of life, and property damage by the insured vehicle. On the other hand, comprehensive motor insurance provides protection against own damage and theft of the vehicle as well. Comprehensive motor insurance is the most valuable and hence advisable. For more information on Motor Insurance, their benefits, and premiums please contact us by email, Whatsapp, or simply send a request using the adjacent inquiry form.