Motor Insurance
Motor Insurance – Protect Your Vehicle & Stay Secure on Roads
Motor Insurance is a mandatory insurance policy that provides financial protection against damages or losses caused to your vehicle due to accidents, theft, natural disasters, or third-party liabilities. It covers cars, two-wheelers, and commercial vehicles, ensuring peace of mind while driving.
With CNR Capital Advisors, you can easily compare plans and apply for Motor Insurance online at affordable premiums, securing both your vehicle and your finances.
🌟 Why Choose Motor Insurance?
Legal Compliance – Third-party insurance is mandatory under the Motor Vehicles Act.
Financial Protection – Covers vehicle damage due to accidents, theft, fire, or natural disasters.
Third-Party Liability Cover – Protects against legal liabilities for injury, death, or property damage to others.
Cashless Repairs – Access to a wide network of garages for hassle-free repairs.
Personal Accident Cover – Provides financial security to the owner-driver.
Peace of Mind – Drive confidently knowing your vehicle and finances are secure.
1️⃣Third-Party Liability Insurance (Mandatory)
Covers damages or losses caused to a third party’s property, vehicle, or life due to your vehicle.
Compulsory under the Motor Vehicles Act, 1988.
Does not cover your own vehicle’s damage.
Best for: Those looking for basic & legally required coverage at a lower premium.
2️⃣Comprehensive Insurance
Provides extensive coverage including third-party liability + own vehicle damage.
Covers losses due to accidents, theft, fire, natural disasters, and man-made calamities.
Offers add-ons like zero depreciation, engine protection, roadside assistance, etc.
Best for: Car or bike owners who want complete protection.
3️⃣Standalone Own-Damage Insurance
Specifically covers damage to your own vehicle in case of accident, fire, theft, or natural disaster.
Must be bought in addition to third-party insurance.
Best for: People who already have third-party cover but want extra protection for their own vehicle.
4️⃣Commercial Vehicle Insurance
Designed for trucks, taxis, buses, and goods-carrying vehicles.
Covers third-party liability + own damage for commercial use.
Essential for businesses to protect vehicles used for transport, logistics, or passenger services.
Best for: Fleet owners, business operators, and transport companies.
With CNR Capital Advisors, you can compare different types of motor insurance online, select the best plan, and enjoy fast issuance with expert support.