Motor Insurance Cover

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Motor vehicle insurance, also called automotive insurance , a contract by which the insurer assumes the risk of any loss the owner or operator of a car may incur through damage to property or persons as the result of an accident.

(a) Third Party: This policy covers third party bodily injury and property damage arising out of use of motor vehicle.

(b)Third party Fire and Theft cover: Extends to cover theft, fire, third party bodily injury and property damage.

(c) Comprehensive cover: Covers third party liability and property damage to the vehicle i.e. damage arising out of fire, theft and accidental damage to the vehicle.

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