Vehicle Insurance in India

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Vehicle Insurance
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Vehicle Insurance in India
General information on taking out an insurance
policy in India, with details on insuring a
vehicle and making a claim The central
governments Motor Vehicles Act (1988) states
that automobile insurance is compulsory for all
vehicle owners. A valid copy of an owners
insurance policy must be kept in the car at all
times.  As a result, car manufacturers have
formed partnerships with leading insurance
providers. Vehicle owners can get instant quotes
for car insurance premiums by filling out a
simple questionnaire at a car dealership or at an
insurance providers website.
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Generally, automobile insurance is comprehensive
in India and policies are comparable with those
in other countries. They cover damages to a car
due to man-made or natural causes. Vehicle
Insurance policies will also have accident
coverage to protect the driver and
passengers. Car insurance usually
provides Coverage for loss or damage as a
result of accidents, fire, lightning,
self-ignition, external explosion,
burglary/theft or other malicious
acts Liability for third-party injury/death,
third-party property damage and liability to a
hired driver
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Additional premiums can be purchased to cover
loss and damage to electrical/electronic
accessories in the car. However, automobile
insurance does not include Consequential loss,
depreciation, mechanical and electrical
breakdown, failure or breakage Coverage for
when a vehicle is used outside of India (claims
from other countries cannot be transferred or
filed) Damage or loss caused by war, nuclear
weapons or drunk driving Source
http//india.angloinfo.com/money/insurance-india/i
nsuring-a-vehicle/
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https//www.facebook.com/BajajAllianz
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eral-insurance-co--ltd-
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To know more visit http//www.bajajallianz.com/C
orp/motor-insurance/car-insurance.jsp
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