Get Third Party Insurance For Four Wheeler Online India

What is Third-Party Insurance?

When you buy a vehicle, it is essential to buy a third-party insurance policy to cover yourself against any liabilities that may arise due to an accident, including any damage to third-party vehicles or property. Third party motor insurance is a legal requirement in India, according to the Motor Vehicles Act, 1988. It not only covers liabilities arising out of accidents, but also provides coverage against any damage caused to third-party property or life. The sum insured under third party motor insurance is usually fixed by the Insurance Regulatory and Development Authority of India (IRDAI).

Why is Third-Party Insurance Necessary?

Third-party insurance is essential because it protects you from liability for any damage caused to another person's property or life due to an accident caused by you or your vehicle. It also covers any legal costs which may arise due to the accident. It is important to remember that third-party insurance does not cover any damage caused to your own vehicle or property.

What is Covered Under Third-Party Insurance?

Third-party insurance covers any damage caused to the third-party property or life due to an accident caused by you or your vehicle. It also covers any legal costs which may arise due to the accident. It is important to remember that third-party insurance does not cover any damage caused to your own vehicle or property.

Do I Need Third-Party Insurance for My Four Wheeler?

Yes, you must have third-party insurance on your four wheeler to be able to drive legally in India. The Motor Vehicles Act, 1988 makes it compulsory for all four wheelers to have third-party insurance. It is important to remember that third-party insurance does not cover any damage caused to your own vehicle or property.

What is the Process to Buy Third-Party Insurance for Four Wheeler Online?

Buying third-party insurance for your four wheeler online is a simple and straightforward process. All you need to do is visit the website of an insurance provider and select the type of policy you require. Once you have selected the insurance provider, you will need to fill in the online form with the required information. After you have completed the form, you will be able to make the payment online and then print out the policy document.

Conclusion

Third-party insurance is a must for all four wheelers in India. It protects you from any liabilities that may arise due to an accident, including any damage to third-party vehicles or property. Buying third-party insurance for a four wheeler online is a simple and straightforward process. All you need to do is visit the website of an insurance provider and select the type of policy you require. Once you have selected the insurance provider, you will need to fill in the online form with the required information. After you have completed the form, you will be able to make the payment online and then print out the policy document.