Third-Party Insurance (Mandatory)
Covers damage to third parties (pedestrians, other vehicles, property). Starting at Rs 5,500/year. Mandatory by law. Does not cover your own vehicle damage.
Comprehensive Insurance
Covers theft, accidents, natural disasters, third-party damage, and more. Costs Rs 15,000-25,000/year depending on vehicle value and age. Includes deductible (usually Rs 10,000-50,000).
Claim Process
- Report incident immediately to insurer
- File formal claim with documents
- Get damage assessment from surveyor
- Submit supporting evidence
- Receive reimbursement within 2-4 weeks