Car Third Party Insurance India
Importance of third party car insurance.
Car third party insurance india. Bajaj allianz third party only car insurance policy gives you a comprehensive coverage against any liabilities arising due to damages suffered by a third party. Having a third party liability cover is mandatory as per the motor vehicles act 1988 and needs to be renewed periodically. Any losses arising due to damages or injury caused by the insured to a third party or third party s property are covered under the third party vehicle insurance policy.
New india third party car insurance. As per the indian motor vehicles act a third party liability cover is a must and a basic requirement under a vehicle s insurance policy. Why do you need third party car insurance. We strive to provide you the much needed comfort and help in case of a mishap with our third party motor insurance policy and cover you.
As per the motors tariff act 2002 it is mandatory for every vehicle owner in india to have at least a third party only car insurance policy. Motor third party insurance or third party liability cover which is sometimes also referred to as the act only cover is a statutory requirement under the motor vehicles act. As per the motor vehicles amendment act 2019 the fine for the first offence of driving without insurance policy is rs 2 000 and or imprisonment of up to 3 months and for the second time offence of driving a vehicle without insurance policy then you will be liable to pay a fine of rs 4 000 and or imprisonment of up to 3 months. Third party insurance is legally mandatory to ply your car on roads.
Again third party motor insurance online signing up for and or renewing existing policies is the latest technologically minded update in this insurance speciality. Third party liability car insurance price is a mandate in india under the motor vehicles act 1988. A third party car insurance policy provides the most basic coverage and is more affordable as compared to a. In india third party insurance for private cars is offered by all car insurers as it is mandatory and is usually an essential requirement when people seek out car insurance policies.
1 ઓગસ ટથ ક ર અથવ બ ક ક સ થ long term third party insurance લ વ નહ પડ. Third party car insurance online protects you from any 3rd party insurance claims arising out of death or bodily injury or damages to that person s property in an accident. Car insurance is of two types.
Third party insurance and comprehensive car insurance.