A vehicle insurance coverage keeps you legally compliant, since every automobile owner in India is obliged to carry at least a third-party car insurance policy.
Third-party liabilities such as physical injury, temporary/permanent disability, death, and property damage are all covered by an automobile insurance policy.
A automobile insurance coverage protects you against the financial consequences of your car's own-damage expenditures.
In the event that your automobile is stolen, your insurance company will provide you the Insured Declared Value (IDV), which is the market value of your car.
You may acquire a personal accident plan for up to Rs. 15 lakh, which covers the policyholder in the event of death, physical injury, or disability.