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Car Insurance in India Car Insurance India: An Overview Car insurance India companies offer comprehensive insurance cover for damages or losses created to the automobile as a result of man-made or natural events. When you purchase an insurance policy for your new or old car, it also protects you and your co-passengers by offering accidental coverage. Motor insurance in India is a mandatory requirement for all vehicle owners. Whether you use it for individual use or commercial purpose, you need to have an auto insurance policy in place. Vehicle insurance policies in India have been devised to insure private cars, two wheelers, and commercial vehicles. The car insurance companies in India have associations with the top car manufacturers in the country. You can get instant car insurance quotes by filling out a simple and online application form. The premium you need to pay to the car insurer after buying a car insurance policy is dependent on a number of factors. If you purchase a very costly car, your rate of premium will be exorbitantly high. On the other hand, if you purchase a cheap car, you will qualify for a more reasonable rate of premium. The claims offered by the car insurance companies in India can be categorized into the following: Accidental claims Theft or burglary claims Third party claims You have to submit particular documents for getting a claim, which include suitably completed and signed claim form, copy of driving license, copy of the registration certificate of the car, copy of FIR (First Information Report), and copy of policy agreement.
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