AM
Ameet
Q&A
| Ref. No: 35615103088 | 25 Aug, 2025, 09:11 AM
Want to know the cost
Policybazaar Team
25 Aug, 2025, 11:32 AM
Hello Ameet, Thanks for reaching out. You can check car insurance plans here
When it comes to car insurance, you have two options to choose from: third-party and comprehensive.
- Third-party insurance only covers damages to the other party's life and property in an accident involving your car. While it is a good way to protect yourself, it is not mandatory according to the Motor Vehicles Act. However, if you do not have a separate personal accident insurance policy, you will need to purchase a personal accident cover of at least 15 lakhs, as it is a legally required coverage.
- Comprehensive insurance, on the other hand, covers theft or damage to your own vehicle in addition to third-party coverage. This type of insurance is especially important if you plan to keep your car for a long time, as it will protect you against financial losses resulting from any mishap with your vehicle. As with third-party insurance, you must purchase a personal accident cover of at least 15 lakhs if you do not have a separate personal accident insurance policy. You can check the premium details for car insurance here.
I hope this clears things up for you. Let me know if you have any further questions!
