Motor Insurance provides coverage against the unforeseen risk or damage that your vehicle is exposed to, while it is being used/driven or parked. In India, it is mandatory to have a Third-party Insurance cover that protects your car from third party liability, which includes injury to/ death of a third party and third-party property damage.
We at TMIBASL, provide you with suitable Motor Insurance solutions for your Two-Wheeler, Private Car, and Commercial Vehicle offered by various Insurance companies. We also help you renew your motor policy to ensure that you are always secured.
The types of policies available for your Vehicle are:
It covers the cost of Repairs & Replacements arising due to physical damage to the Vehicle in the accident, being used for the personal conveyance of individuals or transportation of goods. This includes damages and losses caused due to accidents and collisions, natural calamities, fires, and thefts. It’s always recommended to have an OD policy along with the mandatory Third-party Policy.
As per the Motor Vehicle Act, any vehicle on the roads has to have minimum Third-party Insurance cover. If you’re caught without one, you may be liable for penal action under IPC applicable at the time of the offence.
Third-party insurance protects you against the damage or loss caused to a third-party vehicle, person, or property.
Comprehensive Motor insurance covers both third-party liabilities and damages caused to your Vehicle. So, if your Vehicle is damaged due to any natural calamity, fire, or you accidentally damage someone’s Vehicle or property, comprehensive Motor insurance will provide you a cover for damages.
Prompt and accurate
issuance of policy
Fair and transparent
Near cashless settlement
on Pan India basis across
the Network of Insures
requirements on time,
If you are opting for a comprehensive vehicle insurance, you can beneﬁt further by getting better coverage for your car
using add-on covers.
Please note: The actual terms and conditions of the Insurance policy/Add-on will vary from Insurer to Insurer, and you would do well to read the same in detail at the time of purchasing the policy.
Disclaimer: For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.