Auto & Vehicle Insurance
Secure your Car, Bike, EV, Taxi, or Commercial Vehicle with complete protection.
Auto & Vehicle Insurance – Complete Guide
Accident Coverage
Covers damages from road accidents, collisions, and accidental loss.
Natural Disasters
Protects from flood, fire, cyclone, earthquake, and other calamities.
Third-Party Liability
Mandatory insurance that covers legal & financial liability.
Two-Wheeler Protection
Full coverage for bikes, scooters, and electric vehicles.
Types of Auto & Vehicle Insurance
• Third-party Insurance • Comprehensive Insurance • Own Damage Cover • Zero Depreciation Add-On • Engine Protection Cover • Return to Invoice Cover • Passenger Personal Accident Cover
Why You Need Vehicle Insurance
Protects you from unexpected repair costs, legal penalties, financial loss, and high accident expenses.
Coverage Options
Choose from theft protection, roadside assistance, medical coverage, fire protection, and engine-related damages.
Benefits of Auto & Vehicle Insurance
- ✔ Financial coverage for vehicle damages
- ✔ Protection from theft and natural disasters
- ✔ Legal cover for third-party liability
- ✔ Cashless repairs at network garages
- ✔ Mandatory for all vehicles in India
PayUID Tips for Choosing Vehicle Insurance
- 📌 Always choose comprehensive coverage.
- 📌 Add Zero-Dep for new vehicles.
- 📌 Renew before expiry to avoid penalties.
- 📌 Compare IDV and premiums.
- 📌 Check cashless garages in your area.
Frequently Asked Questions (50)
1. What is auto insurance?
Auto insurance protects your vehicle from financial loss due to accidents, damage, theft, or third-party liabilities.
2. Is motor insurance mandatory?
Yes. Third-party insurance is mandatory in India for all vehicles.
3. What is comprehensive insurance?
It covers both own-damage and third-party liability.
4. What is third-party insurance?
It covers damages caused to another person’s vehicle, property, or injury.
5. What is zero depreciation cover?
It ensures full claim without deducting depreciation on parts.
6. What is IDV?
IDV stands for Insured Declared Value — the current market value of your vehicle.
7. Does insurance cover engine damage?
Only if you add an engine protection add-on.
8. Does insurance cover tire damage?
Covered only under certain add-ons or accident-related claims.
9. What is NCB?
No Claim Bonus is a discount for not making claims.
10. How much NCB can I get?
Up to 50% after five claim-free years.
11. Does making a claim reduce my NCB?
Yes, unless you have NCB protection add-on.
12. Can I transfer NCB to a new car?
Yes, NCB belongs to the policyholder, not the vehicle.
13. Does insurance cover theft?
Yes, under comprehensive coverage.
14. Does insurance cover fire damage?
Yes, comprehensive policies cover fire.
15. Does insurance cover natural disasters?
Yes — floods, cyclones, storms, etc.
16. Does insurance cover riots?
Yes, under comprehensive plans.
17. Is PUC certificate mandatory?
Yes, for insurance renewal.
18. Can I renew after expiry?
Yes, but inspection may be needed.
19. What happens if I drive without insurance?
It is illegal and attracts penalties.
20. Can I buy insurance online?
Yes, PayUID allows fast online insurance assistance.
21. What is a cashless claim?
Repairs done at a network garage without paying upfront.
22. What is a reimbursement claim?
You pay first, insurer reimburses later.
23. Are passengers covered?
Yes, under passenger add-on cover.
24. Is personal accident cover mandatory?
Yes, PA cover for owner-driver is required.
25. Can I insure a second-hand car?
Yes, easily.
26. Can I change insurers?
Yes, during renewal without losing NCB.
27. Does car color affect premium?
No.
28. What documents are needed for claim?
RC, DL, policy, photos, FIR (if required).
29. Can I claim without FIR?
Yes, except for theft and major accidents.
30. Does insurance cover drunk-driving accidents?
No, claims are rejected.
31. Are electrical accessories covered?
Yes, add-on required.
32. Are modified cars covered?
Yes, but inform insurer.
33. What is voluntary deductible?
You agree to pay part of the repair cost to reduce premium.
34. What is compulsory deductible?
A fixed amount every policyholder must pay per claim.
35. Does insurance cover lost keys?
Yes, with add-on.
36. Does insurance cover windshield damage?
Yes, under own-damage cover.
37. Does insurance cover towing?
Yes, up to limits.
38. Can I insure a commercial vehicle?
Yes, commercial policies are available.
39. What is telematics-based insurance?
Premium depends on driving behavior.
40. Does insurance cover flood engine damage?
Only with engine protection add-on.
41. Is GST included?
Yes, 18% GST applies.
42. Can I buy long-term bike insurance?
Yes, up to 5 years.
43. Can I claim twice in a year?
Yes, unlimited claims allowed but NCB resets.
44. Does insurance cover animal collision?
Yes, under own-damage cover.
45. Is driving license mandatory for claim?
Yes, valid DL is required.
46. Can I switch fuel type (CNG/LPG)?
Yes, inform insurer.
47. Does insurance cover personal belongings?
Only with add-on.
48. Can I track my claim?
Yes, insurers allow online claim tracking.
49. Does premium decrease each year?
NCB lowers premium if no claim is made.
50. Can PayUID assist with insurance?
Yes, PayUID helps users compare and apply for the best vehicle insurance policies.