Things you need to know
Having car insurance saves you against the financial loss you might face if your car was wrecked in an accident or worse, stolen.
Comprehensive InsuranceCovers damages to the third party, as well as your own car. Best for cover losses from incident like theft and natural disasters.Third Party InsuranceCovers only the damages to a third party and their property. Best for those planning to insure the car because it’s mandatory (but won’t recommend that!)Additional CoversZero Depreciation CoverFor the repair or replacement expenses of plastic, rubber, glass and other materials which would otherwise not be covered in a regular policy.Personal Accident (PA) CoverThis policy covers the owner for death or disability due to an accident. Owner (in case of disability) or nominee (in case of death) will get lakhs.Engine ProtectionFor times when the monsoons are at their destructive worst, and leave your car’s engine and your tear glands vulnerable to flooding.Invoice CoverTo recover as much as the car’s on-road price or Insured Declared Value, in case of total loss (such as theft or a really bad accident).
