Auto Insurance

Auto Insurance in India deal with the insurance cover for the defeat or injure caused to the automobile or its part due to usual and man-made calamity. It provides accident cover for person owners of the vehicle while driving and also for passenger and third party lawful legal responsibility. There are certain universal cover companies who also offer online insurance service for the vehicle.

Auto Insurance in India is a required requirement for all new vehicles used whether for profitable or personal use. The insurance companies have tie-ups with most important automobile manufacturers. They offer their customers instant auto quotes. Auto premium is strong-minded by a number of factors and the quantity of best increase with the rise in the cost of the vehicle. The claims of the Auto Insurance in India can be accidental, theft claims or third party claims. Certain documents are required for claiming Auto Insurance in India , like accordingly signed claim form, RC copy of the vehicle, Driving license copy, FIR copy, Original estimate and policy copy.

There are different types of Auto Insurance in India :

Private Car Insurance

In the Auto Insurance in India, Private Car Insurance is the best rising sector as it is required for all the new cars. The quantity of premium depends on the make and value of the car, state where the car is register and the year of produce.

Two Wheeler Insurance - The Two Wheeler Insurance beneath the Auto Insurance in India covers accidental insurance for the drivers of the vehicle. The quantity of premium depends on the current showroom price multiply by the reduction rate set by the Tariff Advisory Committee at the time of the start of policy period.

Commercial Vehicle Insurance - Commercial Vehicle Insurance under the Auto Insurance in India provide cover for all the vehicles which are not used for individual purposes, like the Trucks and HMVs. The amount of premium depends on the showroom price of the vehicle at the beginning of the insurance period, make of the vehicle and the place of registration of the vehicle. The auto insurance generally include:

Loss or injure by accident, fire, lightning, self explosion, external bang, burglary, housebreaking or theft, hateful act. legal blame for third party wound/death, third party possessions and legal responsibility to salaried driver On payment of suitable additional best, loss/damage to electrical/electronic trimmings The auto insurance does not include:

1).important loss, reduction, mechanical and electrical stop working, failure or breakage

2).When vehicle is used exterior the physical area

3).War or nuclear peril and drunken driving