Vehicle/Motor Insurance

Vehicle insurance, or Motor insurance, is an insurance policy that offers coverage to the vehicle’s owner and/or driver against financial losses in case of losses due to theft, accidents or natural calamities. In return for the regular payment of premiums, your insurance provider promises to share the cost of repairing damages. Almost every Indian family today owns a vehicle. And, no matter how careful they are, something unfortunate might happen to them and their vehicle. After an accident, robbery or attempted theft, they might have to deal with high repair costs or have to replace their car entirely. With vehicle insurance, you won’t have to worry at all. Your motor insurance provider will help pay for all repairs or the cost of the car.

But, your motor insurance policy is useful in other scenarios as well. A vehicle insurance policy that also offers third-party liability cover ensures you don’t have to pay for damages caused to another person, their vehicle or their property either. In fact, third-party motor insurance is mandatory in India. If you do not have a vehicle insurance policy with third-party liability cover while driving, you could end up having to pay a hefty traffic fine.

At CAPITAL HOUSE, you will find insurance policies that meet your every need. You can simply choose between our two-wheeler and four-wheeler motor insurance and get your policy within a few moments. Our wide range of add-on covers allows you to personalise your plan based on your specific needs. If you want something quickly, simply opt for our comprehensive motor insurance policy for coverage against third-party liability and own damages!

ACCIDENTS

Damages and losses that may arise out of accidents and collisions

THEFT

Covers for the losses incurred when your car is unfortunately stolen

FIRE

Damages and losses caused to your car due to an accidental fire

NATURAL DISASTERS

Damages and losses to your car in case of natural calamities such as floods, cyclones, etc.

PERSONAL ACCIDENT

If there is a car accident and unfortunately, it leads to death or disability of the owner

THIRD PARTY LOSSES

In cases where your car causes damages and losses to someone else, their car or property.

Car Insurance Policies

Most Indian households today own one four-wheeler. Cars allow us to enjoy long road trips across the length and breadth of India and a car insurance policy will keep you protected. Car insurance, like motor insurance, comes in various forms and plans. You will need to decide which kind of four-wheeler motor insurance policy best suits your requirements based on how often you use your vehicle. It’s important to remember that car insurance policies only provide cover for a private vehicle. So, if you use the four-wheeler for business, you won’t benefit from this policy.

Bike Insurance Policies

The two-wheeler is the preferred mode of transport for most Indian families. Bike insurance policies provide cover to all kinds of two-wheelers, from gearless scooters to large-engine superbikes. A variety of plans are available. Some offer basic third-party cover, while others provide you with comprehensive cover. You should pick the two-wheeler insurance plan that best suits your unique requirements.

Commercial Vehicle Insurance Policies

Any vehicle that is used for business purposes must have commercial vehicle insurance. These plans are carefully formulated to protect your company’s finances in case of an accident or if the vehicle is damaged or stolen. Ideally, all commercial vehicles, such as taxis, goods carrying vehicles, cranes and tractors should have a good commercial vehicle insurance policy in the dashboard.

Zero Depreciation Cover

Ideal for cars less than 5 years old, zero depreciation cover allows you to nullify the depreciation charged on your car and its parts and gives you the full value of repairs, costs and replacements during a claim.

Return to Invoice Cover

In case of theft or damages beyond repair, return to invoice add-on gives you the benefit of getting back the complete amount of your car's invoice value, including the cost of registering a new vehicle and its road tax respectively.

Tyre Protect Cover

Generally, tyre damage isn't covered in standard insurance unless the damage takes place during an accident. That's why this tyre protect add-on gives you the benefit to safeguard and cover for tyre damages such as tyre bursts, bulges or cuts during all other situations possible.

Breakdown Assistance

We all need a little help sometimes! Our Breakdown Assistance Add-On gives you the benefit of taking help whenever required, i.e assistance during car breakdowns at any time you'd like. The best part? It doesn't even count as a claim!

Consumable Cover

A consumable cover gives your car an additional layer of protection. It covers the cost for all your car's nitty-gritties, such as the engine oils, screws, nuts and bolts, grease, etc in a situation of an accident.

Engine and Gear-box Protection Cover

Did you know that replacing your engine can cost around 40% of its value? Standard car insurance only covers accident-related damages. However, with engine and gearbox protection, you can safeguard these vital parts against any post-accident damages.

Daily conveyance benefit

The Daily Conveyance Benefit add-on offered by insurers ensures that policyholder gets compensated for daily transport in the form of a fixed daily allowance or a standby vehicle for the time when the insured vehicle is in the garage for repairing.

Key and Lock Protect

The cost incurred by the policyholder for repairing or replacement of the lockset in the car in case of theft, loss or damage is covered by the insurer as part of the Key and Lock Protect add-on cover.

Loss to Personal belongings

If the policyholder or any immediate family member suffers from any loss of personal belongings specified as per the policy when kept in the insured vehicle, it shall be compensated by the insurer.

Pay as you drive Cover

Pay as you drive cover makes the policyholder eligible to avail discount on the premium of Own Damage cover of the base policy based on the opted plan. The option to top up kilometers is also offered under the base policy by paying additional premium.

EV Shield Add-on Cover

This EV Shield add-on cover for electric cars in India will protect you and your vehicle against any loss or damage to the electrical panel for the vehicle charging point, vehicle charger including charging cable, and offer roadside assistance services specific to EVs.

PERMANENT PARTIAL DISABILITY

We’ll offer you the promised amount if you can’t work at full capacity due to an injury caused by an accident.

TEMPORARY TOTAL DISABILITY

You’ll receive a part of the insured amount if you can’t work temporarily due to an accident-related injury.

Third party

A Third-party car insurance is one of the most common types of car insurance; in which only damages & losses caused to a third-party person, vehicle or property are covered.

Comprehensive

A Comprehensive car insurance is one of the most valuable types of car insurance that covers both third-party liabilities and damages to your own car as well.

Standalone Own Damage

An Own Damage Car Insurance is for yourself; it covers loss and damage only to your own car in case of accidents and collisions, natural calamities, fires, and thefts.

Comparison Table
Third-Party Comprehensive Own Damage
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