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Car Insurance Policy is a financial contract signed between car insurance policy holder and the insurer. It covers all the financial losses due to the damaged car or in case of theft. The car insurance policy that is broadly divided into comprehensive cover and third party insurance.
Note : It is advised to fill correct details as per the legal documents so that; you will face no issues at the time of policy claim.
As per the state regulations, a minimum amount of insurance is required by all the states of India. Here are some important benefits of car insurance:
Note: No Claim Bonus is offered if you do not make any claim during the policy period on renewals provided you fulfil certain terms and conditions.