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What is Car Insurance

Car insurance protects you against financial and legal liabilities arising out of damages, accident or theft of the car. You can choose to insure the car with the below types of policies.

Reasons to buy Car Insurance Online

Car Insurance should be renewed before expiry of the current policy to ensure that your asset is insured and financially protected in case of any accidents

  • Easy Comparision
  • Easy Customization
  • Secured and Transparent

Types of car insurance you can choose from

Comprehensive car insurance -

Provides overall protection to the car by covering own damage, third party damages, and theft.


Third party car insurance -

Provides coverage towards third party persons and property damages. This type of insurance is mandatory as per the Motor Vehicles Act, 1988.

Difference between Thrid Party Insurance, Own Damage and Comprehensive Insurance

Coverage Offered Third-party Car Insurance Cover Standalone OD Cover Comprehensive Car Insurance Cober
Third-party property damage Yes No Yes
Third-party bodily injury Yes No Yes
Own damages of car No Yes Yes
Car theft No Yes Yes
Personal accident coverege Yes Yes Yes
Availability of add-ons No Yes Yes

To get an instant quote clcik here << quote link >> to renew or buy car insurance online. Just enter your vehicle resigtration # and some personal details to get instant quote from ICICI Direct

Factors considered when claculating Car Insurance premium

Car insurance prices are based on the multiple factors like the age of vehicle, type of vehicle, IDV, plan, etc. You can check the premium instantly online << link to calculate premium >>. Below are the factors considered -

  • Insured Declared Value (IDV)
  • Type of Cover
  • Type of Car (Make and Model)
  • Fuel Type
  • Age of Vehicle (Year of Manufacturing)
  • Location
  • Claims made in the past
  • Covers taken in the plan

Checklist when buying Car Insurance

When selecting a insurance plan online you need to consider multiple factors like IDV, type of plan, network garages for cashless claim, claim ratio etc. Below are some factors to help you choose the the right plan.

  • Type of Plan
  • Compare online for best quote
  • IDV
  • Network garages
  • Add on Covers
  • 24 * 7 Road Assistance
  • Premium