Third Party Motor Insurance

Fri, December 29, 2023 | 5 min read

Motor insurance is a mandatory requirement for all vehicles plying on Indian roads. As per the Motor Vehicle Act of 1988, it is compulsory to have at least third-party insurance coverage to protect against any liability arising from third-party damages.

Fri, December 29, 2023 | 6 min read

Wondering if you can add riders to your third-party motor insurance policy? First, picture this: You're cruising along the open road. Suddenly, a small stone ricochets off the road, leaving a tiny crack on your windshield.

Sat, December 23, 2023 | 5 min read

Motor insurance is a crucial aspect of owning a car or bike in India.  It is a legal requirement under the Motor Vehicle Act, 1988 and provides financial protection against unforeseen events such as accidents, theft, or damage.

Tue, December 19, 2023 | 4 min read

Whether you’re travelling to work or going on a road trip with friends, your car is a constant companion. Owning a vehicle adds to the feeling of being self-reliant and gives you a sense of freedom.

Tue, August 1, 2023 | 5 min read

As per Motor Vehicle Act, 1988 buying third-party motor insurance is mandatory in India before plying your vehicle on the roads. However, few of us remember to claim third-party motor insurance when required because we think there is so much hassle involved, which is not true.

Tue, August 1, 2023 | 2 min read

Any vehicle operating on Indian roads must have motor insurance, as the law mandates this. To make this easily achievable, the IRDAI broadly defined two types of motor insurance.

Tue, August 1, 2023 | 4 min read

Wondering how to choose the best insurance company in India? As soon as you finalise the vehicle model to buy, your next hunt to select a suitable vehicle insurance provider starts. The reason for the same is - the Motor Vehicle Act, of 1988, mandates buying a motor insurance policy before plying your vehicle on Indian roads.

Tue, August 1, 2023 | 3 min read

The Government of India has placed multiple safeguards for the safety of the general public to protect them. Road accidents are a common occurrence in India.

Tue, August 1, 2023 | 4 min read

What exactly is the difference between comprehensive and third-party motor insurance? While a third-party motor insurance policy covers for a third-party person or property, the comprehensive motor insurance policy offers coverage for its damage with a third-party. Simply put, the difference lies in the coverage they offer.

Mon, July 31, 2023 | 5 min read

If you own a vehicle, it is essential to know that buying third-party motor insurance is mandatory in India. Keep in mind that the claims process pertaining to third-party motor insurance is not difficult and all you need to do is follow a step-wise procedure.

Sun, July 30, 2023 | 6 min read

Owning a vehicle in India comes with a lot of responsibilities. Apart from following traffic rules, you must also have an insurance policy for your vehicle.

Sun, July 30, 2023 | 4 min read

If you have a keen eye for detail and you understand the basics of insurance, you would have noticed an asterisk sign that is placed next to each plan. Almost every insurance policy comes with a tiny asterisk sign and the motor insurance policy is no different.

Sun, July 30, 2023 | 4 min read

Curious to know why third party insurance is mandatory in India? With the ever-growing demand for vehicles in our country, the risk of car accidents has increased exponentially. It is important to ensure broad insurance coverage to address legal implications as well.