Motor Insurance
Meet Our Motor USP's
No Claim Bonus Protection Cover
Cherishes your safe driving by safeguarding your earned bonus, ensuring you keep it after a claim-free year.
Engine Secure
Covers repair costs for engine and gearbox due to water ingress or oil leakage, excluding fuel-related damages.
Return to Invoice
Pays the difference between IDV and on-road price for a new vehicle in case of total loss or theft.
Loss of Personal Belongings
Provides coverage for lost personal items, offering support during unexpected losses.
Zero Depreciation
We will pay you the amount of depreciation deducted on the value of parts replaced under own damage claim, lodged under own damage section of the policy.
Consumable Expenses
This covers cost of consumables required to be replaced/replenished arising from the accident to the insured vehicle. Consumable for the purpose of this cover shall includewashers, clip, break oil, air conditioner gas and items of similar nature excluding fuel.
Engine Secure
Covers repair costs for engine and gearbox due to water ingress or oil leakage, excluding fuel-related damages.
Tyre Secure
Covers repair or replacement costs for tyre and tube damages due to specified reasons.
Road Side Assistance
It’s a service facilitated to take care of your vehicle and your worries in an unfortunate event of your vehicle meeting with an accident or breakdown. Under this, we provide wide range of services for your help within the covered geographical territory.
Key Replacement
Misplacing keys can feel like losing a piece of yourself. Our Key Replacement service swiftly mends that heartache, ensuring you're never stranded. We're here to restore your confidence and keep your journey uninterrupted and joyful.
Coverage Limits
It's essential to understand the coverage limits of your motor insurance policy, which indicate the maximum amount the insurer will pay for a claim. Policyholders should ensure that these limits meet their specific needs and provide adequate protection in case of an accident or other covered events.
No-Claim Bonus
Many motor insurance policies offer a no-claim bonus as a reward for not making any claims during the policy term. This bonus can lead to premium discounts or other benefits for policyholders, encouraging safe driving behavior and claims avoidance.
Motor insurance policies typically include deductibles, which are the amounts policyholders agree to pay out of pocket before the insurance coverage kicks in. Opting for higher deductibles can lead to lower premium costs, while lower deductibles provide greater coverage but may result in higher premiums.
Cashless Claim Settlement
Some motor insurance companies have tie-ups with network garages, allowing policyholders to avail of cashless claim settlements. With this feature, the insurance company directly settles the repair bills with the garage, reducing out-of-pocket expenses and simplifying the claims process for policyholders.
Types of Motor Insurance Policies
Each type of motor insurance policy offers various plans or coverage options. These options enable individuals and businesses to tailor their insurance coverage according to their specific requirements. Common plan choices include:
Comprehensive Motor Insurance
Our comprehensive motor insurance policy provides extensive coverage for your vehicle against various risks, including accidents, theft, third party liability and natural disasters.
Standalone OD Cover
Launched by the IRDA. The Standalone Own damage policy provides coverage for your vehicle against own damage, including accidental damage, theft, and natural disasters, without the need for a comprehensive policy.
Third-party Motor Insurance
Our Third Party Insurance policy provides coverage for damages or injuries caused to third parties, including pedestrians, passengers, and property, in the event of an accident or incident involving your vehicle.
Benefits of Motor Insurance
Motor insurance provides financial security against potential losses caused by accidents, theft, or damage to the vehicle. It covers repair costs, medical expenses, and legal liabilities, minimizing the financial burden on vehicle owners.
Legal Compliance
Having motor insurance is a legal requirement in most jurisdictions. Compliance ensures that vehicle owners avoid penalties, license suspension, or legal consequences while meeting their legal obligations.
Protection from Third-Party Claims
Motor insurance protects against third-party claims and legal liabilities arising from accidents. It covers damages to other vehicles or property, as well as legal expenses, safeguarding vehicle owners from potential lawsuits and financial liabilities.
Coverage for Own Vehicle
Comprehensive motor insurance policies provide coverage for damages to the insured vehicle, regardless of fault. This ensures that vehicle owners can repair or replace their vehicles in case of accidents, theft, or other covered events, reducing out-of-pocket expenses.
Additional Benefits
Motor insurance often includes additional benefits such as roadside assistance services, available 24/7. These services provide support in case of breakdowns or emergencies, offering vehicle owners peace of mind and quick assistance during unexpected situations.
Personal Protection
Comprehensive motor insurance policies offer personal accident coverage for insured individuals and passengers in case of injury or death. This coverage extends financial support to policyholders and their passengers, enhancing overall safety and security while on the road.