Your RTO details
RTO name
Code
City
Address
Pincode
Contact No.
  • City & RTO
  • Car Brand
  • Car Model
  • Car Fuel Type
  • Car Variant
  • Registration Year
Looking for Car Insurance?
Get Car Insurance starting at only 2094/year #
Compare & Save upto 85%* on Car Insurance
  • Renew policy in 2 minutes*

  • 21+ Insurers to choose

  • 1.2Cr+ Vehicles Insured

Processing
    Other models
    Other variants
    Select your variant
    View all variants
      Secure
      We don’t spam
      View Prices
      Please wait..
      By clicking on “View Prices”, you agree to our Privacy Policy & Terms of Use
      Get Updates on WhatsApp
      Select Make
      Select Model
      Fuel Type
      Select variant
      Registration year
      Registration month
      Save & update
      Please wait..
      Search with another car number?

      We have found best plans for you!! Our advisor will get in touch with you soon.

      All You Need to Know About Standalone OD Insurance

      The concept of Own Damage(OD) is not a new one. For those of us who are not very well-versed with Own Damage, it refers to the damages caused to your car due to unforeseen incidents such as theft, fire, accidents etc. However, this policy is different from comprehensive insurance. Read this guide to learn more about Standalone OD insurance.

      Read more

      Damages Covered by Standalone OD Car Insurance Cover

      The intent of the Own damage or Stand-alone OD car insurance policy is to help the policyholder cover losses suffered by their car. The damages that are covered by this type of policy are as below:

      All You Need to Know About Standalone OD Insurance

      1. Accidental damages: Any sudden, external and unforeseen or accidental event or impact that can cause injury or harm to the car is deemed as accidental damage.

      2. Burglary & Theft: In case the car is destroyed as a result of a break-in or the damage done to the car is due to a burglary attempt, the damage will be covered by standalone OD car insurance.

      3. Total Loss: It refers to the complete loss of a car due to far-reaching and immutable damage or theft of the car. The own-damage car insurance covers the total loss of a car and compensates for this sort of damage.

      4. Fire & Explosions: Fires caused due to an accident or explosions that lead to damage of a car as a result of these fires are covered under the own-damage insurance policy.

      5. Natural calamities: At times a car may face damages due to flood water, hailstorms, cyclones, and other natural calamities. Moreover, if the car suffers damage due to rocks and debris from earthquakes, landslides or rockslides, etc. At such junctures, the OD cover will protect the insured from all losses.

      6. Transit of vehicles: If a car receives dents and scratches due to commotion during its transportation by road, rail, air or waterways, etc. the OD policy coverage protects the car.

      7. Malicious Damage: The OD car insurance cover also comes into play if an insured car suffers losses occurring from human causes such as riots, terror attacks, vandalism, etc.

      Who Can Get Standalone OD Car Insurance?

      As per a directive of the Insurance Regulatory and Development Authority of India (IRDAI), the standalone OD car insurance has been available as a separate cover since September 01, 2019. The directive allows car owners who have purchased their car insurance post-September 01, 2018, to get standalone car insurance for Own-damage, while the basic 3-year third-party insurance remains mandatory.

      Find similar car insurance quotes by body type

      Hatchback Sedan SUV MUV
      Save upto 85% on Car Insurance
      Search
      Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
       Why buy from policybazaar

      Car insurance articles

      • Recent Article
      • Popular Articles
      21 May 2024

      Get Faster Claim Settlement with Policybazaar Claim...

      Getting your car insurance claim settled is no longer a hassle

      Read more
      17 Apr 2024

      Understand the Nitty-Gritty of Car Insurance Policy...

      Have you recently purchased a car insurance policy for your new

      Read more
      22 Feb 2024

      IDV in Car Insurance

      In layman's terms, the IDV full form is the Insured Declared Value

      Read more
      31 Jan 2024

      Must-Have Car Insurance Addons for Brand New Cars

      Investing in a full-coverage car insurance policy is essential for

      Read more
      29 Jan 2024

      No Claim Bonus (NCB) in Car Insurance

      No Claim Bonus (NCB) is a reward given by an insurer to a

      Read more
      11 Aug 2021

      How to Check Car/Vehicle Insurance Status Online

      It doesn’t matter if you are an excellent driver or take your car out only once in a few months; your vehicle must

      Read more
      20 Jun 2019

      Getting Your Duplicate Car Insurance Policy is...

      Losing your car insurance documents can be daunting. In such a state of affairs, the first thing that comes to your

      Read more
      20 Dec 2021

      How To Find Car Insurance Details By Registration Number

      Sometimes, you may face situations when you need car insurance or vehicle owner details but cannot readily access

      Read more
      03 Jun 2016

      How to Transfer Car Insurance Policy?

      An integral part of selling a car for both the buyer and the seller is ensuring a successful car insurance transfer

      Read more
      20 Jul 2017

      Comprehensive Insurance Vs Third Party Insurance

      Comprehensive car insurance offers protection to the insured car against third-party liabilities and own damages due

      Read more

      #Rs 2094/- per annum is the price for third-party motor insurance for private cars (non-commercial) of not more than 1000cc

      *Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.

      top
      View Plans
      Close
      Download the Policybazaar app
      to manage all your insurance needs.
      INSTALL