Q: What is motor insurance?
Vehicle insurance (also known as car insurance, motor insurance or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle.
Q: Types of Motor Insurance?
Private vehicle insurance
Commercial vehicle insurance.
Q: How to claim?
Step 1: Register your claim. Register your claim by calling the insurance company.
Step 2: Send your vehicle for repair. In case of an accident, take your vehicle to the garage (if movable) or have it towed to avoid further damage. …
Step 3: Survey and Claim Settlement.
Q: Why Insuremile?
The most important differentiator is InsureMile’s ‘Buy A Policy, Feed A Child’ mission For every policy you buy, InsureMile on your behalf contributes 10 meals to a child.
You are thus becoming part of a Social Movement to eradicate hunger among children in India. There is no additional amount to be paid for the social cause. It is part of the premium. You can claim tax benefits for the donation you have made.
Motor insurance for the coverage of most unusual causes
Motor insurance is basically a documentation in case any uncertainty happens with the vehicle. This insurance is done for cars, trucks, motorcycle or any other vehicles. In order to provide protection for financial loss or any of the legal issues, motor insurance is done. Coverage is provided for the uncertainty which includes physical damage, injury, theft, any loss due to natural disaster and death cover for the third party liability. Most of the insurance support instant claim and compensation amount so that the proceedings may not be hectic.
Benefits with the motor insurance
At present days there is a wide range of options which are available in order to secure your possessions and properties as much as you can. Motor insurance is basically done for private or commercial vehicles in order to get financial help when needed. When any of the loss or damage occurs to the vehicle, compensation easily reaches the policyholder or client. Other benefits associated with it are as-Financial assistance to the owner of the vehicle with the uncertainty and provides shield when any damage occurs.
In case of an accident on collision, liability cover is provided.
Coverage for the accidental deaths or third-party injuries.
It also provides assistance in case the vehicle is lost or theft.