What does a car insurance policy cover?
Own Damage to your vehicle - The policy covers you against any loss or damage caused to your car or its accessories due to natural and man-made calamities as defined in the scope of coverage.
Personal Accident Cover - The motor insurance provides you compulsory personal accident cover for individual owners of the vehicle, the personal accident cover is up to Rs. 15 lakhs. You can also opt for a personal accident cover for passengers.
Third-Party Legal Liability - The policy covers the vehicle owner's legal liability to pay compensation for:
- Death or bodily injury to a third party person.
- Damage to third party property.