Every vehicle on Indian roads must have third-party insurance by law. It covers your liability if you injure someone or damage their property. A comprehensive policy adds own-damage cover, which pays for repairs to your own vehicle after an accident, fire, theft or natural calamity.
Premiums and add-ons vary widely between insurers for the same vehicle. We help you compare the insured declared value, zero-depreciation and other add-ons, and protect your no-claim bonus at renewal. If you have an accident, we help you step by step with intimation, survey and garage paperwork.
Who it suits
- New and used car owners
- Two-wheeler riders
- Families with multiple vehicles
- Taxi and commercial vehicle owners
How Motor Insurance works
- 1
Choose the policy type
Pick third-party only, or a comprehensive policy with own-damage cover, or a standalone own-damage policy.
- 2
Set the IDV
The insured declared value is roughly the current market value of the vehicle and sets the maximum own-damage payout.
- 3
Pick add-ons
Zero-depreciation, engine protection, roadside assistance and return-to-invoice are common choices.
- 4
Renew before expiry
Renewing on time keeps your no-claim bonus and avoids a fresh inspection.
- 5
Claim after an accident
Inform the insurer, file an FIR where needed, and get the vehicle surveyed before repairs. We help with each step.
Why families choose it
Legal compliance
Third-party cover meets the legal requirement and protects you from large liability claims.
Own-damage repairs
Comprehensive cover pays for repairs after accidents, fire, theft, floods and similar events.
Zero-depreciation add-on
Pays for replaced parts without deducting depreciation, which reduces what you pay at claim time.
No-claim bonus
Each claim-free year earns a discount on the own-damage premium, which you can carry to a new insurer.
Cashless garages
Repairs at the insurer's network garages can be settled directly with the garage.
What to check before you buy
- Driving without a valid licence or under the influence of alcohol can lead to claim rejection.
- Normal wear and tear, mechanical breakdown and consequential damage are usually excluded.
- A low IDV lowers the premium but also lowers the payout if the vehicle is stolen or totally damaged.
- Making small claims can cost you your no-claim bonus, so compare the repair bill with the NCB loss.
- Commercial use of a private vehicle, such as taxi service, needs the right policy or claims may be refused.
Tax treatment
Motor insurance premiums on a personal vehicle are generally not deductible for individuals. Where a vehicle is used for business, the premium may be treated as a business expense. Confirm with your tax professional.
For families in Tirupati
Vehicles in Tirupati take a lot of strain: steep ghat roads to Tirumala, summer heat that is hard on engines and batteries, and fast traffic on the Tirupati–Chennai and Renigunta highways. Many families also run a car for pilgrim and taxi work. We help you choose add-ons like engine protection and roadside assistance where they make sense, and the correct policy type if the vehicle earns an income.
Frequently asked questions
Is third-party motor insurance mandatory in India?
Yes, third-party insurance is mandatory by law for every vehicle driven on public roads. It covers your legal liability for injury to others or damage to their property. It does not pay for damage to your own vehicle, which needs own-damage cover.
Is zero-depreciation cover worth it?
For new vehicles and cars up to about five years old, it is often worth it. Without it, the insurer deducts depreciation on replaced parts like plastic and rubber, and you pay the difference. The add-on raises the premium, so compare it with your likely repair costs.
What is NCB in car insurance?
NCB, or no-claim bonus, is a discount on the own-damage premium for every claim-free year. It builds up over consecutive years and belongs to you, not the vehicle, so you can transfer it to a new car or a new insurer.
What should I do after a car accident to claim insurance?
Inform the insurer as soon as possible, take photos, and file an FIR if there is injury, theft or third-party damage. Do not start repairs until the surveyor inspects the vehicle. We help you with the intimation, documents and follow-up.
What is IDV in motor insurance?
IDV, or insured declared value, is the maximum amount the insurer pays if your vehicle is stolen or totally damaged. It is roughly the current market value, based on the showroom price minus depreciation. Choosing a very low IDV reduces the premium but also the payout.
Insurance is the subject matter of solicitation. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. This page is for general information and is not a recommendation to buy any specific product.
Last reviewed 12 Oct 2026.