Automobile insurance or vehicle insurance is insurance that covers the owner and/or driver of the vehicle against financial loss in the event of theft, accidents or natural disasters. In return for regular payment of premiums, your insurance provider promises to contribute to the cost of repairing damage. Almost every Indian family today owns a vehicle. And no matter how careful they are, something can happen to them and their vehicle. After an accident, a robbery, or an attempted theft, they could face high repair costs or have to replace their car completely. With car insurance, you do not have to worry anymore. Your car insurance will pay for any repairs or the cost of the car.

Protection against liability damage

Liability becomes a problem when the insured vehicle accidentally damages another person’s vehicle or property, or injures another person. Automobile liability insurance protects the policyholder from having to pay for the repairs or hospital bills for the third party out of pocket.

Security against theft

If your vehicle is damaged by vandalism or parts are stolen, your car insurance will help cover the financial loss and compensate you for the loss. Your car insurance can help you replace the stolen parts or even the entire vehicle if it is stolen or damaged beyond repair.

Financial protection against damage

Even the safest driver can be involved in a traffic accident. Repairing a small dent in your precious vehicle can cost you quite a bit. With comprehensive coverage in your car insurance policy, you do not have to worry about the cost. A good car insurance policy will help you cover the cost of damage to your vehicle, making the policy an integral part of your financial planning.

Protection against natural disasters

Almost every day, we hear about a new natural disaster that destroys property and claims lives. If your vehicle is damaged by floods, earthquakes or other covered disasters, you do not have to deal with the financial loss or burden. Your car insurance will step in to ease your worries.

Protection for personal injuries

An accident can damage more than just your vehicle. It can also injure you or other occupants of your vehicle. Depending on the car insurance policy you choose, you may be able to get financial help for injuries that are the direct result of a traffic accident. 

Types of Motor insurance 

Having your own vehicle makes it incredibly convenient to move from place to place. But owning and using a vehicle also comes with risks. You may be in an accident or someone may try to intentionally steal or damage your prized possession. We offer a range of policies so you can choose the one that best fits your risk and needs: 

Liability-only automobile insurance.

Liability-only car insurance is the most basic car insurance policy. It protects you from the financial and legal liabilities resulting from an accident that causes damage to a third party or their property. You must keep in mind that pure motor liability insurance does not cover damage to your vehicle.

Comprehensive Motor Insurance

Comprehensive Motor insurance covers financial losses caused by accidental damage to your vehicle. These car insurance policies apply only to your vehicle. They do not provide coverage for damage caused to  car insurance provides comprehensive coverage compared to basic liability car insurance. Comprehensive insurance provides protection against financial loss due to damage to your own car and third-party liability.

Home Protector Insurance Policy

The All-in-One Home Protector policy provides protection for your home and household items. It is a one-stop solution for homeowners and renters

• It provides coverage against natural disasters such as fire, explosion, earthquake, flood, etc.
• It provides coverage against man-made disasters such as robbery, riots, strike, etc.
• Art insurance included
• The policy covers personal liability worldwide.
• Accidental damage to your home contents is covered
• The policy provides the option to insure your pet.
• Waiver of depreciation of electronic items.
• Jewellery stored at home or in a safe deposit box is covered.

What does it cover?

The policy provides coverage in 12 areas, at least 3 of which should be chosen by the policyholder.

• Fire and related perils.
• Burglary and trespass including theft and other perils.
• All Risks.
• Fixed glass and plumbing fixtures.
• Electronic equipment.
• Consumer electronics, portable computers, cell phones and pedal bicycles.
• Breakdown of household appliances.
• Personal accidents.
• Protection of loan payments.
• Liability insurance.
• Increased cost of living.

Trade / Commercial Insurance Policy

To help you protect your office, Assurance Insurance offers a commercial insurance policy that provides you with the best solution for unforeseen problems.

• Helps you protect your office and the place where you work from unforeseen problems.
• Protects your office from man-made and natural disasters.
• Provides coverage against damage caused by burglary, robbery and theft.
• Covers the cost of fire department operations.
• Employees are covered for damage due to accidents, provides coverage for electronics.
• Protects equipment and data installed in your business.
• Covers unforeseen mechanical or electrical failure of a piece of equipment.
• Provides coverage for goods in transit related to your trade or business.

Business Insurance Policy

• Coverage is provided for both large and small businesses.
• Covers losses due to damage to business property.
• Covers loss of income.
• Insurance coverage for illness and injury.
• Protects against liability claims.
• Enhances the credibility of the business.
• Provides transportation insurance, money insurance, workers’ compensation insurance, etc.
• Provides medical coverage for employees.