Is insuring vehicle necessary?
It is absolutely necessary to get third party insurance for the vehicle. It is your responsibility to check that insurance cover of the vehicle is always valid.

Which vehicles are insured?
All motor vehicles, light and heavy, are insured.

What risks are covered?

1. Liability for third party injury/death and third party property.

2 Loss or damage by accident, fire, lightning, self ignition, external explosion, burglary or theft. Riot and strike; terrorism; earthquake; flood, cyclone and inundation.

3. On payment of appropriate additional premium, loss/damage to electrical/electronic accessories, PA cover for drivers, insured or any named person, unnamed passengers can also be taken.

What and how much is covered by insurance?

Own Damage

1. Actual amount spent for repairs/replacement subject to depreciation and sum insured as per survey report.
2. Garaging and towing charges, depending upon the company's policy.
3. Damage to tyres (when vehicle is also damaged) - 50 % of cost of replacement
4. In case of total loss, market value at the time of loss or sum insured whichever is less.

Act Liability

1. Death or bodily injury to third parties.
2. Death or bodily injury to any person carried in the car provided they are not insured employees and not carried for hire or reward.
3. Liability to paid driver.
4. Third party property damage.
5. All costs and expenses incurred with company's written consent.
   

When will policy not pay?

• Depreciation; wear and tear; mechanical and electrical breakdown; failure or breakage.
• When the vehicle is being driven by a person not holding a valid driver's licence.
• Drunken driving.
  

This type of insurance covers all the risks covered in the Motor Vehicles Act, plus loss or damage caused to the vehicle due to:

• Accident
• Fire, Explosion, self-ignition, lightning
• Burglary, theft
• Riots & strikes
• Earthquakes
• Flood, typhoon, hurricane, storm, cyclones
• Malicious acts
• Terrorism
• Transit by rail/road. air, waterways

Exclusions to the Comprehensive Insurance Cover

This insurance does not cover loss or damage caused due to:
(a) Driver being under intoxication
(b) Vehicle being driven by a person not holding a valid driving licence.

Third Party Insurance covers:

a) Personal injury
b) Property damage

Third Party Insurance cover for Personal Injury includes:

1. Liability for death or injury to third parties - this means that you are insured against death or injury (caused by your vehicle) to pedestrians, occupant of other vehicles, and outsiders other than passengers, for unlimited amounts. Passengers of private vehicles and pillion riders are also covered.
2. Liability to employees connected with operation of the vehicle - this means you are insured against death or injury (caused by your vehicle) to the vehicle's drivers, cleaners and conductors.
3. Liability to passengers carried in the vehicle for hire or reward - this means that as an owner of a taxi, bus or auto - rickshaw, you are insured against death or injury (caused by your vehicle) to the passengers