motor Insurance
Why motor INSURANCE IS IMPORTANT
Description of Motor Insurance
Motor insurance is a policy that protects you and your vehicle from financial losses caused by accidents, theft, natural disasters, or third-party liabilities. Whether you own a car, bike, or commercial vehicle, having valid motor insurance is mandatory by law in India under the Motor Vehicles Act.
It not only covers damages to your own vehicle but also provides protection against legal liabilities if your vehicle causes injury or damage to others.
1. Key Benefits of Motor Insurance
- Covers damages due to accidents, fire, theft, floods, and more
- Pays for third-party injury, death, or property damage
- Offers cashless repairs at network garages
- Protects you from legal penalties (mandatory third-party cover)
- Add-on covers available for enhanced protection (like zero depreciation, engine protection, NCB protection)
2. Types of Motor Insurance
- Third-Party Insurance
- Mandatory by law
- Covers damages to other people, vehicles, or property
- Does not cover damage to your own vehicle
- Comprehensive Insurance
- Covers third-party + own vehicle damage
- Protects against theft, natural calamities, fire, and vandalism
- Can be customized with add-ons for better protection
- Standalone Own Damage Cover
- For those who already have third-party insurance and want to cover their own vehicle
3. Why You Should Have It:
- Avoids heavy out-of-pocket expenses after accidents
- Protects your investment in your vehicle
- Ensures legal compliance
- Offers peace of mind during emergencies
4. What’s Not Covered
- Driving without a valid license or under influence
- Mechanical breakdown not related to accidents
- Wear and tear or depreciation
- Using the vehicle for illegal purposes
- Always read the policy wording for detailed inclusions and exclusions.
Tinassure Insight
Whether you drive daily or occasionally, motor insurance is not just a legal formality — it’s a crucial shield against unpredictable events. At Tinassure, we help you understand policy options, compare coverage types, and choose the right plan based on your vehicle type and usage.
📩 Want to know more about add-ons, claim process, or renewal tips?
Tinassure is here to make insurance simple, smart, and stress-free.
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Ready to start
saving money?
Learn in seconds which types of insurance
match your business.
FAQS
- Zero Depreciation Cover
- Engine Protection
- Roadside Assistance
- Return to Invoice
- No Claim Bonus (NCB) Protection
- Vehicle Registration Certificate (RC)
- Previous insurance policy (if renewing)
- Valid driving license
- Vehicle details (make, model, year, etc.)
- Inform your insurer immediately
- File an FIR (if required)
- Submit claim form and documents
- Get the vehicle inspected
- Repair at a network garage for cashless claim or get reimbursement.