Drive with Confidence – Protect Your Bike and Car
Motor Insurance
Bikes and cars are an important part of daily life, whether it is for office travel, business work, school runs, or family outings. They save time, offer comfort, and represent independence and progress. But today’s roads come with many risks, such as heavy traffic, accidents, theft, and sudden damage. Because of this, motor insurance is no longer a choice but a necessity for every vehicle owner.
A motor insurance policy is a legal agreement where you pay a small premium and the insurance company provides financial support if your vehicle is damaged, stolen, or involved in an accident. As per the Motor Vehicles Act, 1988, third-party insurance is compulsory in India. Motor insurance helps cover repair costs, third-party liabilities, and unexpected losses without disturbing your savings. At Vitara Capital, we help you choose the right bike or car insurance so you can drive with confidence and peace of mind.
Types of Motor Insurance Plans
Third-Party Insurance
This is the basic and compulsory form of vehicle insurance in India. It covers injury, death, or property damage caused to another person by your vehicle, but it does not pay for repairs to your own bike or car. This insurance helps you follow the law and protects you from heavy legal and financial trouble.
Comprehensive Motor Insurance
This plan offers wide protection for you and your vehicle. It includes third-party cover along with protection against accidents, theft, fire, floods, earthquakes, and other unexpected damages to your own vehicle. It is the most popular choice because it gives complete peace of mind to vehicle owners.
Standalone Own Damage
This option focuses on protecting your own bike or car from loss or damage. It is suitable for vehicle owners who already have third-party insurance and want extra security for their own vehicle. It helps reduce repair costs and protects your savings from sudden expenses.
Long-Term Motor Insurance
With this type of policy, you can get coverage for two or three years at once. It reduces the need for yearly renewals, saves time, and may also help lower the overall insurance cost. It also protects you from missing renewal dates and paying penalties.
Pay As You Drive Insurance
Here, the premium depends on how much and how safely the vehicle is driven. Using digital tools, insurance companies calculate premiums based on actual usage and driving habits. This plan is ideal for people who drive less and want to pay only for what they use.
Key Features of Motor Insurance
Third-Party Liability
This cover protects you if your vehicle causes harm to someone else or their property. The insurance company covers the costs, protecting you from financial loss.
Own Damage Cover
This feature keeps your vehicle safe financially. If something happens like an accident or theft, the insurance pays for the damage so your savings stay protected.
Personal Accident Cover
Along with vehicle protection, this insurance gives accident cover to the owner and supports the family in case the owner is disabled or dies in an accident.
No Claim Bonus (NCB)
If you do not make any claim during the policy year, you earn a No Claim Bonus. This is a reward in the form of a discount on next year’s premium for safe driving.
Add-On Covers
For better protection, you can add extra covers like zero depreciation, engine protection, roadside help, return to invoice, key replacement, and consumables cover.
Flexible Policy Period
Motor insurance policies are available for one year or multiple years. Long-term policies save you from yearly renewal tension and may reduce total premium cost.
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Our insurance team is ready to assist with claims, coverage questions, and policy guidance to ensure you receive dependable support.