Motor Insurance Policy
- As per the IRDAI Guidelines, all Motor Insurance sectors will have to follow KYC procedures, beginning from 1st January 2023. IRDAI mandates Digital KYC, Aadhaar- based KYC, CKYC and Video KYC as accepted forms of performing this procedure.
Zero
Personal
Cashless
Lifetime
What is 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.
Buy / Renew Motor Insurance
Car Insurance
Bike Insurance
Commercial Vehicle
Benefits of Motor Insurance
Safety Cover
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.
Support
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,.
Types of General Auto/Motor Insurance
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
Two-wheeler 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
- Choosing the best policy for your vehicle can be a tedious process.
- With Fincover, you can compare different policies and decide on the best. Fincover assists you in the process end to end.
- We don’t just provide cover, we provide care.
Documents required for Motor Insurance
Here is a list of documents needed for an individual to buy motor insurance policies online:
- Motor Purchase Invoice copy
- Proposal form with details
- PAN and Aadhaar Card Copy (KYC Verification)
- Proposal form with details
- Copy of Registration Certificate (RC) of the vehicle.
- Previous Insurance Copy
- PAN and Aadhaar Card Copy (KYC Verification)
Best Car Insurance Companies in india A Car Insurance Policy
5 Mistakes to avoid while buying a car insurance policy
Can I Claim Car Insurance for Dents and Scratches? One
