You work hard to buy an automobile so as to enjoy the trips and may be to support the business needs. An uncertainty can occur anytime leading to heavy losses. The costs to get the vehicle repaired in the event of damage or replacing it just in case it is stolen can be huge. Hence it is most needed to buy an appropriate comprehensive policy cover.
A standard motor insurance is an insurance coverage mandated by law to enable one to drive on the roads in India. It mainly provides covers against liability damages (bodily injury caused to a third party and damage to the property of a third person and own car ) and unexpected repairs.
We at Aapkipolicy.com understand the needs and offer Comprehensive Motor Insurance products that provide the added protection for your vehicle. It further provides cover for liability, death or property damage of third parties.
Different policies specify the circumstances under which each item is covered. For example, a vehicle can be insured against theft, fire damage, or accident damage independently.
Motor Insurance or engine protection covers for misfortunes that you may acquire if your auto gets harmed or stolen. The premium measure of your auto protection is settled on the premise of Insured Declared Value or IDV of the vehicle. In the event that you build the IDV, the premium ascents and on the off chance that you lower it, the premium decreases. It is imperative for any policyholder to think about different choices before striving for an auto protection reestablishment or purchasing another arrangement.
A typical Motor insurance policy covers damages to third party and to self.
The major benefits provided under a motor insurance policy are :
Car Insurance provides cover for accidental loss or damage to own car or to a third party.
Key Benefits of Car Insurance
Car insurance plan offers following benefits:
Similar to a Car Insurance, two wheeler insurance provides protection to two wheelers. The features of a two wheeler policy are more or less similar to those of a car insurance.
Commercial vehicle insurance helps all commercial vehicle owners to cover losses they may incur due to damage to their commercial vehicle. It also provides protection against any legal liability from accidental damage / injury / death.
Generally, the following documents are required to be submitted. Please, read through your policy to see the complete list—duly filled in claim form, RC copy of the vehicle, Original estimate of loss, Original repair invoice and payment receipt. In case cashless facility is availed, only repair invoice needs to be submitted and FIR, if required. For theft claims, the keys are to be submitted. Theft claims would also require non-traceable certificate to be submitted.