Motor Insurance Policy
Motor insurance is a legal contract between you and the insurance company under which the company compensates you for any accidental damage to your vehicle or its loss by theft.
Motor insurance also protects you if a third party makes claims against you for property damage, injury, or death caused by your vehicle. It is mandatory under Indian law for every vehicle owner to get their vehicle insured for this contingency which is called third-party liability.
Fincover is the best site to compare and buy motor vehicle insurance policies online. we help you choose the best insurance plan for your vehicle by comparing insurance quotes from multiple companies.
Types of Motor Insurance
Benefits of Motor Insurance
Motor Insurance acts as a perfect safety cover for your vehicles. It provides for loss to others due to your vehicle. You can also cover damage to your vehicle and injury or death relating to the owner/driver.
Garage and claim
You can choose the garage where you want your vehicle repaired and file a claim for reimbursement. You can also avail of cashless repairs at network garages of your insurance company.
Purchase and renewal
Buying insurance is just a matter of a few clicks on Fincover. We present multiple options for you to select the best policy suited to your requirements.
Fincover offers you 24/7 support on phone and through messages. You can get regular notifications through SMS about your policy details and updates.
How to Buy Motor Insurance
Two questions come to mind when you have to buy motor insurance.
Fincover has the answers for both these questions.There are different types of motor insurance policies you must know about and every plan has its terms and benefits,.
Private Car insurance
A private car insurance policy protects you from financial loss in case of damage to or loss of your car. It also protects you from claims by other people when they face property damage, injury, or death due to your vehicle. According to the Motor Vehicles Act, 1988 having valid third-party liability insurance for your cars is mandatory.
Types of Car insurance
- Third-Party Liability Insurance Cover
- Comprehensive Car Insurance
A two-wheeler insurance policy covers your vehicle (motorcycle, scooter, and three-wheelers for the differently-abled), as per the provisions of the Motor Vehicles Act, 1988. It provides coverage against accidental damage, theft, and also third-party liability.
Types of Two Wheeler insurance
- Third-Party Liability Insurance policy
- Comprehensive Policy
Why should you choose Fincover?
There are several reasons why you should apply at Fincover
Documents required for Motor Insurance
Here is a list of documents needed for an individual to buy motor insurance policies online:
- Proposal form with details
- Copy of Registration Certificate (RC) of the vehicle.
- Proposal form with details
- Copy of previous insurance policy
- Copy of the Registration Certificate (RC) of the vehicle