Vehicle Insurance 2, 3 & 4 wheeler

Motor insurance, also known as auto insurance, is an insurance coverage for bikes, cars, trucks and other commercial vehicles.

he cost of a motor insurance policy depends on a number of different factors such as the type of insurance policy, IDV of the vehicle, manufacturing year of the vehicle, etc. This cost is nothing but the amount you pay as the premium of the policy.

Buying a new car insurance policy offline is time-consuming. You need to get in touch with the insurance company or their agent, to inquire about the best features available. Then you need to fill an application form. If your request is approved, a new car insurance policy will be sent to you via post. This can take around 5 to 7 working days.

The amount of Insurance will be Insured Declared Value of the Vehicle (IDV). IDV for vehicle less than five years old is the Manufacturers listed selling Price, which is adjusted for Deprecation based on age of Vehicle. For vehicles beyond five years of age and obsolete vehicles, the IDV is mutually agreed value.

Car insurance is an effective insurance policy that offers the needful financial cover to the insured vehicle against different forms of damages, theft, stolen, and accidents among others. It refers to be the best insurance plan to protect your vehicle from financial emergencies that includes any third party legal liability, physical damage, bodily injury, traffic collision, etc. With the help of a car insurance policy, the policyholder will get the required cover against loss or damage of the vehicle that is caused by Accident, theft, fire, explosion, self ignition, lightning, riots, strikes, Act of terrorism, Transit by Rail, Road, Air & Elevator and natural calamities, (Earthquake, Flood and more).

Vehicle insurance is a security mesh that safeguards the insured from monetary damages related with the vehicle. Under the insurance policy the insurance company decides to pay the policyholder a sum pre-assured in case of any accident or mishap that is covered under the plan. The policyholder would have to pay premiums towards the policy at regular intervals, in return. Most insurance companies also reward diligent drivers through bonuses and discounts that can bring down the motor insurance premium to a large extent. The amount of coverage opted for also determines the amount that one has to pay towards motor insurance. We render complete support to our customers in selecting the best motor insurance for their vehicle and thus handhold them through the entire process of getting a suitable insurance plan.