General (Motor) Insurance

General (Motor) Insurance
  • Motor insurance is just like other insurance policies, but it is necessary for all us
  • It is an insurance that is related to all types of motor vehicles-motorcycles, cars, jeeps, etc.
  • Motor insurance has been made necessary by the government for your safety and the safety of others.
  • Motor insurance can be classified as behalf of two things first of all the type of vehicle for which you are taking insurance and another is the amount of coverage that you want to cover your vehicle for.

Types of Automobile insurance in India
  • (I) Private car motor insurance policy
  • (II) Two-wheeler Insurance policy
  • (III) Commercial vehicle insurance policy
    1. Private car motor insurance policy- This insurance covers the vehicle for damages accidents, fire, natural disasters, theft among others, and also covers any injury to the owner with that also covers any damages and injuries caused to the third party.
    2. Two-wheeler Insurance Policy- This insurance policy covers two-wheelers like a scooter or a bike.
    3. Commercial vehicle insurance policy- This insurance policy for all vehicles that are not used for personal use. Buses, heavy commercial

Vehicles, multi-utility vehicles, agricultural vehicles, ambulances, auto-rickshaw, etc. These vehicles cover under this insurance policy.

  1. Types of insurance- (I) Third-Party, (II) Comprehensive
  2. Third-Party- This insurance is a common type of vehicle insurance; in which only damages & losses caused to a third-party person, vehicle, are covered.
  3. Comprehensive- A Comprehensive insurance is an insurance policy that covers you from both third-party damages and losses and own damages.


General insurance includes vehicles, houses, animals, crops etc.
Home Insurance -

If you insure your home with a general insurance company, then there is the protection of your home. After purchasing an insurance policy, if your house suffers any kind of damage, then the insurance company pays for it. Coverage from any damage to your home is included in this insurance policy. Damage due to natural disasters to the house includes loss due to fire, earthquake, celestial lightning, flood, etc.

Motor Insurance -

In India, it is very important according to the law to insure a vehicle running on the road. If you drive your vehicle on the road without insuring it, then the traffic police can find you. According to the motor or an auto insurance policy, the insurance company gives compensation for any damage done to the vehicle. If your vehicle has been stolen or caused an accident, then auto insurance policy can help you a lot. You get the most benefit of an auto insurance policy when a person has been hurt or someone has died from your vehicle. It is covered under Third Party Insurance. If you also have a two-wheeler /three-wheeler or car, then it should be insured.

Travel Insurance -

Travel insurance protects against loss during a trip. If a person goes abroad for some work or to travel and he gets hurt or the goods are lost, then the insurance company gives him compensation. Travel insurance policy is valid only from the beginning of your journey until the end of the journey. Different insurance companies may have different conditions for a travel insurance policy.

Crop Insurance -

According to the current rules, every farmer taking an agricultural loan is required to buy crop insurance. Under the crop insurance policy, the insurance company gives compensation to the farmer for any loss to the crop. Under the crop insurance policy, compensation is given by the insurance company in case of crop failure due to fire, flood, or due to some disease.

Business Liability Insurance -

Liability Insurance is actually to compensate for the loss of a company's work or any product to the customer. In such a situation, the penalty incurred on the company and the entire cost of the legal proceedings has to be borne by the insurance company that does Liability Insurance.

Details required for filing a claim-

  • Policy number
  • Engine and chassis number
  • Contact details
  • Details of the insured person
  • Details of the accident/theft (date, time, place, etc.)
  • Details of the motor vehicle (number, model, class, manufacture year, registration details, etc.)
  • Approximate loss figure
  • Description of the event (theft, accident, etc.)
  • Details of the other vehicle involved, in case of an accident
  • Declaration and contact details of witnesses
  • Claim/reference number

In case of an Accident

  • Duly filled and signed claim form
  • Tax receipt
  • Copy of the insurance policy
  • Copy the vehicle's registration certificate (RC)
  • License copy of the driver driving the vehicle at the time of the accident
  • Copy of the FIR/Police Panchanama registered
  • An estimate of the vehicle repair cost
  • Repair bills and payment receipts (original)
  • Vehicle inspection address details

In case of Theft

  • The original insurance policy document
  • Tax payment receipt
  • Registration book in original
  • Authenticated theft declaration from the RTO
  • Details of the previous insurance policies such as company, policy number, duration and time of insurance, etc.
  • Additional informative handles and accessories, including warranty cards, booklets, duplicate keys, etc.
  • FIR and final report of the police
  • Official intimation to the RTO about theft and discontinued use of the vehicle
  • Letter of Subrogation
  • Claim Discharge Voucher (produced with signature across a revenue stamp)
  • Form 28, 29, 30 and 35
  • Post submission of relevant documents, the insurer surveys the case and takes a decision. Filing a claim is simple provided one is aware of the all documentation needed.