Car insurance provides financial protection to policyholders against accidents, theft, total loss, natural disasters, man-made disasters, fire and death or damage to property by third parties. A motor insurance policy is mandatory in India for all four-wheelers under the Motor Vehicles Act, 1988. What is Car Insurance? Car insurance, also known as vehicle insurance or car insurance, provides financial protection to you and your four-wheeler against any loss or damage due to accidents, theft, fire, disasters and third party person or property. The main types of car insurance covers include third party car insurance, independent damage (OD) car insurance and comprehensive car insurance. The insured can also purchase Personal Accident Cover to cover both third party liability cover and own damage cover. Make sure you are the registered owner of the car and have a valid driving license to avail the cover of Rs. 15 lakhs. Key Features of Car Insurance Policy Categ...