Automobile insurance – Automobile coverage is provided by insurance companies. It protects the owner against financial losses due to problems related to stolen vehicles, accidents and other incidents. Generally, all insurance companies provide automobile insurance which covers all incidents related to vehicles. It includes collision coverage, comprehensive coverage, death coverage and medical payments coverage.
Automobile insurance in india
Automobile insurance in India is regulated under the Motor Vehicles Act 1981. Accordingly, it is mandatory for all vehicles to be insured to ply legally on public and semi-public roads in India and at least all vehicles must have third party insurance. Third party insurance is an insurance that covers damage or injury to a third party if any of your vehicles causes any harm or injury to them. Comprehensive insurance is also linked with it which covers damage to vehicles caused by accidents, theft, fire, vandalism, natural calamities etc. as well as damage to third parties. It is renewed every year as per the premium and policy.
Automobile insurance companies in india
If you also want to take car insurance, then you can contact all the insurance companies like Digital Car Insurance, ICICI Lombard Car Insurance, Liberty Car Insurance, Kotak Mahindra Car Insurance, Bajaj Allianz Car Insurance etc. We will provide you the links of all of them in the description below. These are Tokio Car Insurance, Future Generali Car Insurance, HDFC Ergo Car Insurance etc. All are new automobile insurance companies that provide third party insurance cover and also compensate for property damage caused by natural calamities, animal attacks etc. It is working under the Motor Vehicles Act 1988.