Advantages of Motor Insurance
Comprehensive Coverage
Car insurance offers comprehensive coverage to vehicle against damage due to accident, theft, fire, vandalism, and natural calamities. Third party legal liability arising from the vehicle is also covered by the policy.
No-Claim Bonus
Motor insurance offers exciting discounts on renewal premium amount following every claim free year, hence saving premium amount by up to 50%. NCB benefit can be transferred if in case you change your vehicle.
Zero Depreciation
Vehicle insurance offers zero depreciation cover wherein your vehicle will be covered to full value without factoring in the depreciation. This means you will get the full amount on your claim.
Personal Accident Cover
The policy covers the owner against accident while driving the insured vehicle by indemnifying the medical treatment cost. Passengers, paid driver and other occupants can also be covered under the policy.