Is third party insurance mandatory in India?
Yes, third party motor insurance is mandatory for two-wheelers and four-wheelers in the country. This mandate has been set by The Motor Vehicles Act, 1988.
FAQs
- What does third party insurance cover?
- Can third party insurance be bought online?
- Can add-ons be included in third party insurance?
- What documents are needed for filing a claim on a third party insurance policy?
- What is mean by first-party, second-party, and third party in third party motor insurance?
