Car Insurance

What are the different types of car insurance policies?

There are four types of car insurance policies online:

Third party car insurance

- This policy covers legal liabilities arising out of an accident. If your car causes injuries to a third party or damages surrounding property, then this policy will cover resulting legal expenses.

Standalone own-damage car insurance

- This policy covers your car against accidental damages, theft and natural/man-made disasters. To buy this insurance, you should have an active third-party insurance policy of the vehicle.

Private car package policy

This is a comprehensive car insurance policy that covers:

- Your own vehicle’s damages/theft

- Third party legal liability expenses

Bundled policy

- This type of insurance is available in case of a new car. It includes a 3-year third party cover and one-year own damage cover, bundled together in a single plan. You can opt to renew your own damage insurance on a yearly basis after the first year.