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Complete Protection for Your Vehicle
Drive with confidence. Get comprehensive motor insurance that covers you against accidents, theft, and third-party liabilities.
Why Motor Insurance is Essential
It's more than just a document in your dashboard; it's your financial safeguard on the road, mandated by law.
Legally Mandatory
As per the Motor Vehicles Act, having at least Third-Party Liability insurance is compulsory to drive on Indian roads.
Accident Protection
A comprehensive policy covers repair costs for damage to your own vehicle in case of an accident.
Theft & Calamity Cover
Get financial protection if your vehicle is stolen or damaged due to natural disasters like floods and earthquakes.
Understanding Your Motor Insurance Policy
Key Components & Add-Ons
We help you customize your policy with the right coverage and add-ons for complete peace of mind.
- Insured Declared Value (IDV): The maximum amount your insurer will pay in case of theft or total loss of your vehicle.
- No-Claim Bonus (NCB): A discount on your premium for every claim-free year, which can go up to 50%.
- Cashless Garage Network: Get your vehicle repaired at a network garage without making any upfront payment.
Types of Motor Insurance
Choose the plan that's right for you:
- Third-Party Liability Cover: Covers damages to a third-party person or property. This is the minimum legal requirement.
- Comprehensive Cover: Includes Third-Party Liability plus "Own Damage" cover, which protects your own vehicle against accidents, theft, and calamities.
Popular Add-ons
- Zero Depreciation: Get the full claim amount for parts without any deduction for depreciation.
- Roadside Assistance: 24/7 help for situations like flat tyres, empty fuel tanks, or breakdowns.
Common Questions About Vehicle Insurance
Get clarity on the essentials before you buy or renew.
What is the difference between Third-Party and Comprehensive insurance?
Third-Party Insurance is the mandatory basic cover that pays for legal liabilities to a third party in case of an accident. It does not cover any damage to your own vehicle. Comprehensive Insurance covers third-party liabilities AND damages to your own vehicle, offering much wider protection.
What is IDV and how is it calculated?
IDV stands for Insured Declared Value. It is the current market value of your vehicle and the maximum sum assured by the insurer. It is calculated as the manufacturer's listed price minus depreciation based on the vehicle's age. A higher IDV results in a slightly higher premium but a larger payout in case of total loss.
What happens if my policy lapses?
Driving with a lapsed policy is illegal and leaves you financially vulnerable. You will have to bear all costs in case of an accident. Additionally, you may lose your accumulated No-Claim Bonus if you don't renew within 90 days of expiry. It's crucial to renew your policy on time.
Hit the Road, Worry-Free
Get the Best Policy in Minutes
Our advisors help you compare quotes from leading insurers to find the best coverage for your car or bike at the most competitive price.
📧 Email: info@aioinvestment.com
📞 Phone: +91 7875564365
AIO Capital is an IRDAI-registered corporate agent. Motor insurance is a subject matter of solicitation. Please read the policy documents carefully before purchase.
Complete Protection for Your Vehicle
Drive with confidence. Get comprehensive motor insurance that covers you against accidents, theft, and third-party liabilities.
Why Motor Insurance is Essential
It's more than just a document in your dashboard; it's your financial safeguard on the road, mandated by law.
Legally Mandatory
As per the Motor Vehicles Act, having at least Third-Party Liability insurance is compulsory to drive on Indian roads.
Accident Protection
A comprehensive policy covers repair costs for damage to your own vehicle in case of an accident.
Theft & Calamity Cover
Get financial protection if your vehicle is stolen or damaged due to natural disasters like floods and earthquakes.
Understanding Your Motor Insurance Policy
Key Components & Add-Ons
We help you customize your policy with the right coverage and add-ons for complete peace of mind.
- Insured Declared Value (IDV): The maximum amount your insurer will pay in case of theft or total loss of your vehicle.
- No-Claim Bonus (NCB): A discount on your premium for every claim-free year, which can go up to 50%.
- Cashless Garage Network: Get your vehicle repaired at a network garage without making any upfront payment.
Types of Motor Insurance
Choose the plan that's right for you:
- Third-Party Liability Cover: Covers damages to a third-party person or property. This is the minimum legal requirement.
- Comprehensive Cover: Includes Third-Party Liability plus "Own Damage" cover, which protects your own vehicle against accidents, theft, and calamities.
Popular Add-ons
- Zero Depreciation: Get the full claim amount for parts without any deduction for depreciation.
- Roadside Assistance: 24/7 help for situations like flat tyres, empty fuel tanks, or breakdowns.
Common Questions About Vehicle Insurance
Get clarity on the essentials before you buy or renew.
What is the difference between Third-Party and Comprehensive insurance?
Third-Party Insurance is the mandatory basic cover that pays for legal liabilities to a third party in case of an accident. It does not cover any damage to your own vehicle. Comprehensive Insurance covers third-party liabilities AND damages to your own vehicle, offering much wider protection.
What is IDV and how is it calculated?
IDV stands for Insured Declared Value. It is the current market value of your vehicle and the maximum sum assured by the insurer. It is calculated as the manufacturer's listed price minus depreciation based on the vehicle's age. A higher IDV results in a slightly higher premium but a larger payout in case of total loss.
What happens if my policy lapses?
Driving with a lapsed policy is illegal and leaves you financially vulnerable. You will have to bear all costs in case of an accident. Additionally, you may lose your accumulated No-Claim Bonus if you don't renew within 90 days of expiry. It's crucial to renew your policy on time.
Hit the Road, Worry-Free
Get the Best Policy in Minutes
Our advisors help you compare quotes from leading insurers to find the best coverage for your car or bike at the most competitive price.
📧 Email: info@aioinvestment.com
📞 Phone: +91 7875564365
AIO Capital is an IRDAI-registered corporate agent. Motor insurance is a subject matter of solicitation. Please read the policy documents carefully before purchase.