About Motor Insurance
Motor Insurance covers the vehicle damage, theft of the vehicle ,if any personal accidents during the driving . The benefit of motor insurance is that it covers repair cost and that gives us the financial protection.
There are many other features also which are covered under motor insurance, like zero deprecation, engine protection , and road side assistance etc.
The motor insurance is also compulsory under the motor vehicle act. The legal requirement is of the third party insurance as it covers the accidents claim for the third party.
Types of Motor Insurance
1.Comprehensive Insurance
2.Zero Deprecation Insurance
3.Third Party Insurance
4. commercial vehicle Insurance