Why Vehicle Insurance ?
Vehicle insurance or motor insurance is meant for cars, two-wheelers and other road vehicles. A motor package policy protects the insured vehicle against the damages caused due to accidents and natural disasters. In addition to vehicle damage, motor vehicle insurance provides mandatory coverage for third-party liabilities. Comprehensive vehicle insurance allows for worry-free drives by curbing your vehicle repair expenses and helping you adhere to the law on the road
Types of vehicle insurance coverage in India
Comprehensive motor insurance:
A comprehensive vehicle insurance policy provides coverage against third-party legal liabilities and losses or damages to the insured vehicle during an accident or mishap. It covers the vehicle against natural and man-made disasters, including road accidents, fire, theft, earthquake, storm, flood etc.
Standalone OD cover: Introduced by the IRDAI, the standalone Own Damage (OD) cover policies allow vehicle owners to get coverage against the losses or damages caused to their vehicle due to natural or man-made disasters. This type of policy can be purchased by those with third-party cover from a separate or the same insurer.
Third-party motor insurance: Third-party motor insurance is mandatory in India as per the law. It protects the policyholder against legal liabilities from an accident involving their vehicle. If an insured vehicle causes bodily injuries, death or property damage to a third party, the insurer will take care of the legal liability.
Benefits of buying vehicle insurance online
Instant vehicle insurance policy
All you have to do is- submit your vehicle details and contact information, choose the cover that suits your needs and make payment. You’ll receive your ICICI Lombard motor insurance policy in your inbox immediately
Go paperless with online vehicle insurance and say goodbye to scrambling through documents. All you need is a device with internet connectivity.
Buy anything, anywhere.
Is the branch too far away? Get free only late at night? You can find out about our policies and buy motor vehicle insurance online anytime from the comfort of your home.
Review customer feedback
It’s much easier to find important information about any insurance provider online. You can read what other customers say about their policies on their website.
Another benefit of buying vehicle insurance online is you can compare multiple covers. Submit your vehicle details, get a quote from us, evaluate the policy based on coverage, features and add-ons, and pick a motor insurance cover from ICICI Lombard.