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As per Indian Motor Vehicles Act 1988, it is mandatory to own car insurance to drive. Every personal, commercial or business purpose vehicle needs to be covered as it financially saves vehicle owner during unexpected situations. The best motor insurance India provides protection against following risks.
- Natural Calamities
Fire, explosion, self-ignition or lightning, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, landslide, rockslide, earthquake (fire and shock damage - Man-made Calamities
Burglary, housebreaking or theft, riot, strike, accidental external means, malicious act, terrorist activity, whilst in transit by road, train, inland waterway, elevator, lift or air - Third Party Legal Liability
It means that policyholder is insured against injury or death resulted by your vehicle to pedestrians, passengers and occupant of other vehicles.