There are two policies: Motor Liability Only Policy and Motor Package Policy.

As per Motor Vehicle Act, it is mandatory to have Motor Liability only Policy for covering Third Party.

This type of policy covers all the risks covered under Motor Liability policy plus loss or damage caused to the vehicle due to:

Accident, Fire, Explosion, Self Ignition, Lighting, Burglary, House Breaking, Theft, Riots & Strikes, Earthquakes, Flood, Typhoon, Hurricane, Storm, Cyclones, Malicious Acts, Terrorism, Transit by rail/road, air and waterways and also include towing charges.

Damage caused due to:

Driver being under intoxication, Vehicle being driven by a person not holding an effective valid license, Damage to tyres (unless the vehicle is damaged at the same time),Wear and tear and mechanical breakdown damages.

Copy of claim intimation given to insurer with xerox copy of policy and premium receipt, duly filled Claim Form, Driving License, Registration Certificate of Vehicle, Estimate of repairs from repairer and stamped receipt, Bills and Cash Memo of repairs, verification of road tax, Police Panchanama/FIR, Permit and Fitness Certificate and any other documents deem feet for the situation.

Yes - In case of Approved Garage

No - In case of any other Garage

Compulsory excess, Reasonable value of salvage if not surrendered to insurer and depreciation.

It is a special discount given on premium for every claim-free year.

It is the Scheme formed by the Central Govt. to provide compensation to the victims of "Hit and Run " motor accident. The amount of compensation is Rs. 25,000/- in the event of death and Rs. 12,500/- for grievous hurt.