How to Find the Right Motor Insurance According to Your Needs

Motor insurance is mandatory in India as per legal laws. Motor insurance is an agreement between two parties i.e. insured and insurer under which insurer agrees to compensate damages to the vehicle in case of an accident. But buying a motor insurance is tougher task than buying the car itself.

Read more


Compare & Save upto 85%* on Car Insurance
Processing
Get Car Insurance starting
@ only 2094/year#
  • Renew Policy In2 Minutes

  • 20+ Insurers To Choose From

  • 51 Lakh+ vehicles insured

#TP price for less than 1000 CC cars. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

An individual has a variety of options available as most of the general insurance companies offer motor insurance policies that sometimes a person gets bemused with what to buy. A motor insurance plan India comes up under many variants. But an individual must compare car insurance quotes before eventually buying auto insurance policy. 

Car insurance in India is provided by many financial institutions. But finding a comprehensive car insurance policy saves you from every risk. Third party insurance is a mandatory clause in the motor insurance policy which compensates damages to the other party vehicle but comprehensive insurance policy covers risk to your own vehicle including damage to the other party vehicle and property.

Before deciding the policy, you must be aware about these fundamentals of motor insurance plan India. An individual can always compare car insurance quotes in order to get the cheaper deal. But make sure that you don’t end up buying cheaper insurance policy with inadequate coverage.

You must choose a carrier having positive reputation while settling claims. Claim settlement of particular companies can be checked in order to select appropriate car insurance company. While choosing motor insurance policy, you must carefully decide your deductibles. Deductible is the amount or portion which insurer has to pay in the event of an accident.

An individual can buy car insurance policy through various modes. It can be bought via direct agents which are known to us as a traditional method of buying motor insurance policy. While individual can buy car insurance online which has emerged as the most convenient mode of buying motor insurance policy.

A motor insurance can be bought online with the help of insurance aggregators who provides you various comparison tools to compare motor insurance policies offered by multiple providers on a single platform. When you buy car insurance online, it is sure that you will end up buying comprehensive car insurance policy with lesser premiums.

It can be bought via preferred provider website as well. These insurance aggregators provide you multiple calculators such as premium calculator which help you in determining your car insurance premium as well as two wheeler insurance.

Written By: PolicyBazaar - Updated: 14 March 2022
You May Also Like
  • Transferring Car Insurance from One Person to Another

    Transferring Car Insurance from One Person to Another An integral part of selling a car, for both the buyer and the seller, is ensuring a successful car insurance transfer to the new owner. But sadly, most people have...

    read more
  • 9 Secrets That Your Motor Insurance Provider Won’t Tell You

    9 Secrets That Your Motor Insurance Provider Won’t Tell You Due to the dangerous driving conditions, it is compulsory to have third party insurance for every vehicle plying on Indian roads. It ensures the overall saf...

    read more
  • Money Saving Advice for All Car Owners

    Money Saving Advice for All Car Owners After a dream home, a dream car is your second-largest purchase that you make in your lifetime. But the expense does not cease when you drive off the car dealer's lot. Read mor...

    read more
  • Difference Between Comprehensive Insurance and Third Party Insurance

    Difference Between Comprehensive Insurance and Third Party Insurance Comprehensive insurance is insurance coverage that pays for the repair or replacement of vehicle damages resulting from an incident. Comprehensive ca...

    read more
  • Types of Motor Insurance

    Types of Motor Insurance The word Motor broadly covers a lot of classes of vehicles plying on the roads. These may be two-wheelers like scooters and motorbikes, three-wheelers or four wheelers like private cars, jeeps, ...

    read more

Find similar car insurance quotes by body type

Hatchback Sedan SUV MUV
insurance-ka-superhero
Search
Car insurance save up to 85
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Calculate your car IDV
IDV of your vehicle
Calculate IDV
Calculate Again

Note: This is your car’s recommended IDV as per IRDAI’s depreciation guidelines.asdfsad However, insurance companies allow you to modify this IDV within a certain range (this range varies from insurer to insurer). Higher the IDV, higher the premium you pay.

Policybazaar lets you compare premium prices from 20+ Insurers!
Compare Prices

Why buy from Policybazaar?

  • 24x7 Claims Assistance
    NEW
  • Cashless Assurance
  • 3-Day Repair Assurance
  • Free Pickup & Drop
  • Self Video Claims
  • Windshield Claims At Home
View Plans

Car insurance articles

Recent Articles
Popular Articles
Know All About Pay As You Drive and How You Drive Insurance

21 Sep 2022

Are you also worried about high motor insurance premium rates?...
Read more
Renew Your Car Insurance Policy with the AI-Based Technology

12 Sep 2022

As per the Motor Vehicle Act, 1988, every car owner must possess...
Read more
Why Should You Choose a New India Car Insurance Policy?

24 Aug 2022

Buying a car insurance policy is one of the best ways to protect...
Read more
How to Save Tax on Electric Vehicles (EVs)?

23 Aug 2022

Electric cars are known as the future of the automotive industry....
Read more
How Can Modifications Affect Your New India Car Insurance?

05 Aug 2022

In India, car enthusiasts love to modify their cars with...
Read more
Multiple Ways To Check Your Car Insurance Status Online
All insurance companies in India now have a digital presence. It not only makes it easier to buy insurance online...
Read more
Getting Your Duplicate Car Insurance Policy is Easy-Here’s How!
Losing important documents, such as your car insurance documents, can be daunting. In such a state of affairs, the...
Read more
Car Depreciation Calculator
If you are looking to purchase a new car or planning to sell your existing one, it is important to know how...
Read more
Check Car Insurance Status Online on Parivahan Sewa/ RTO?
In India, buying car insurance is a compulsion for every car owner. It doesn’t matter if you are an excellent...
Read more
Transferring Car Insurance from One Person to Another
An integral part of selling a car, for both the buyer and the seller, is ensuring a successful car insurance...
Read more