Motor insurance protects you against damage caused to your vehicle or third party if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy. Motor insurance provides property, liability and medical coverage:
The Car Insurance policy from HDFC General Insurance covers your prized asset from all possible dangers of the outside world
The amount of coverage is dependent on the IDV (insured declared value) of your car and the coverage’s you have opted for.
The HDFC General Insurance car insurance policy also protects you from legal liability claims made by a third party who has been injured or whose property has been damaged in an accident involving your vehicle. Property damage is covered to the extent of Rs 750,000. However, in case of personal injury to a third party, the coverage amount is unlimited.
The Owner of the vehicle who drives the car is covered for an amount of Rs. 200,000 in case of accidental death and Permanent total disability.
If you are asked to think of two things that you use most in your car, you would probably choose the music system and the car air conditioner.
If you have been a responsible driver and managed to avoid accidents inspite of the numerous risks on Indian roads, you deserve a reward on your car insurance.
There are circumstances under which a claim will not be accepted