Types Of Motor Insurance

Sat, December 23, 2023 | 5 min read

Motor insurance is an essential aspect of owning a motor vehicle in India. It not only provides financial protection against unforeseen events but is also mandated by the Motor Vehicle Act.

Sat, December 23, 2023 | 6 min read

Electric vehicles (EVs) have witnessed a significant surge in India as an environment-friendly and sustainable mode of transportation. As India focuses on reducing carbon emissions and transitioning towards cleaner mobility solutions, adopting electric cars has gained momentum.

Sat, December 23, 2023 | 5 min read

Curious to know how 'Pay As You Drive' works in India? As a step towards 'Digital India', the Insurance Regulatory and Development Authority of India (IRDAI) introduced a new type of Own Damage (OD) vehicle insurance - Pay As You Drive.  Under this plan, you can pay discounted premiums towards Own Damage motor insurance based on your car's usage.

Sat, December 23, 2023 | 3 min read

No other form of travel can beat the stunning visuals, rhythmic sound and family time that a train journey offers. Even food tastes better against the rocking motion and green backdrop.

Sat, December 23, 2023 | 5 min read

Motor insurance, an essential requirement for drivers and their vehicles, is mandatory in India as per the Motor Vehicle Act. A crucial aspect of motor insurance is the "sunset clause".

Sat, December 23, 2023 | 6 min read

Vehicle insurance is an essential aspect of responsible vehicle ownership. It protects us from unexpected expenses that may arise due to accidents, theft, or other damages.

Sat, December 23, 2023 | 5 min read

In the insurance sector, Insured Declared Value (IDV) is a critical factor that determines the coverage and compensation you receive. Whether you're insuring your vehicle, home, health, or electronics, understanding IDV is essential for ensuring adequate protection.

Sat, December 23, 2023 | 5 min read

Motor insurance plays a crucial role in protecting individuals and their vehicles on the road. When it comes to determining liability and settling claims, two primary systems exist: no-fault and fault liability.

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, December 19, 2023 | 3 min read

A sticker behind a car read: “Back off! My brakes are good, how’s your insurance?” Clearly, that’s an excellent sticker, given that fender benders are the most common car accidents. With road accidents being so common, basic motor insurance has been made mandatory in India.

Fri, December 15, 2023 | 6 min read

You've been a responsible and cautious driver, ensuring your vehicle's and others' safety on the road. Consequently, you have accumulated a significant No Claim Bonus (NCB) on your motor insurance policy.

Fri, December 15, 2023 | 5 min read

Car insurance is an essential requirement for vehicle owners in India. While a basic vehicle insurance policy fulfils legal obligations, it may not provide adequate coverage for damages to your vehicle.

Fri, December 15, 2023 | 5 min read

In today's fast-paced world, protecting your vehicles from unforeseen damages and accidents is crucial. Hence, motor insurance plays a pivotal role.

Wed, October 25, 2023 | 4 min read

Wondering why motor insurance is mandatory in India? First, let's consider a scenario. Have you ever faced a situation wherein you boarded the wrong train and reached some other location without enough money in your pocket? Or have you ever attempted horse riding without a trainer? Most of you must say ‘No’ for both these situations, but why?The reason for the same is that you always need a saviour in such unfortunate situations, and that is what motor insurance does, in reality.

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.