The first automobile insurance policy was issued in 1897. More than 125 years later, the central idea remains protection from financial loss.
Third-Party Insurance
Third-party cover pays for covered liabilities involving another person or their property. In India, third-party motor insurance is legally required.
Own Damage Insurance
Own damage cover protects your vehicle against covered accidental damage and other risks specified in the policy.
Comprehensive Insurance
A comprehensive policy combines third-party liability and own-damage protection, with coverage subject to policy terms, exclusions and selected add-ons.
The easiest way to remember
- • Their vehicle or liability → Third-Party
- • Your vehicle → Own Damage
- • Broader combined protection → Comprehensive