Protect Your Ride with Motor Insurance Policy
Get Motor Insurance Now Starting Only @Rs.2072/Year*
I want to buy Motor Private Car Insurance for
Plan Highlights
- Provision for no claims bonus for claims free experience
- Extra protection with customized add-ons
- Personal accident cover
- Injuries/Death of a third-party person
- Number of cashless repair facilities.
- 24*7 customer support.
94%Claim Settlement Ratio
is 94% for FY 23-24
I want to buy Two-Wheeler Insurance for
Plan Highlights
- Provision for no claims bonus for claims free experience
- Discount for opting higher voluntary excess
- Number of cashless repair facilities.
- 24*7 customer support.
94%Claim Settlement Ratio
is 94% for FY 23-24
What is Motor Insurance?
Motor insurance is a contract between you and an insurance provider. The insurer agrees to compensate you for damages or losses involving your vehicle. When choosing the best motor insurance policy in India, Universal Sompo offers a comprehensive motor insurance policy that provides coverage for various risks and a host of additional benefits.
You can choose among the following types of car insurance
01.
Third-party liability insurance
This minimum Motor coverage covers the financial loss as per motor vehicle act if any third party including death, bodily injury and property damage. The Motor Vehicles Act of 1988 mandates this insurance for every vehicle owner in India.
02.
Comprehensive insurance
This provides broader coverage, including third-party liability insurance and coverage for your vehicle’s damage or loss due to accidents, theft, natural disasters, and other risks.
03.
Stand-Alone Own Damage (SAOD)
This insurance covers your vehicle’s damage or loss such as accidental damages, burglary, fire, theft and natural disasters which is ideal for older vehicles. This policy does not include liability for third parties.
You can easily buy and renew car insurance online, which allows you to compare various policies and select the one according to your needs. Regardless of whether you opt for vehicle insurance online or offline, you get coverage against various risks.
Why Universal Sompo
Our Shareholders
Our Trusted Brand Partners
Get Motor Insurance
For The Safety of Your Vehicle
View All PlansFeatures Of Motor Insurance?
Unique Add-ons
You can personalize your motor insurance policy by adding special add-ons and riders for extra protection. With Universal Sompo, you can customize your car insurance policy by adding one or more of these riders: Depreciation Waiver, Roadside Assistance Cover, Return to Invoice, Cost of Consumables Key Replacement Clause, Engine Protector, Tyre and Rim Secure, Loss of Personal Belongings Clause, Accidental Hospitalization Clause for Family, Hospital Daily Cash, Daily Cash Allowance Benefit, Secure Towing, Wrong Fuel Cover, Loss of Driving License or Registration Certification, Additional Expense Coverage Show MoreShow Less
Cashless Garage
Universal Sompo offers cashless repairs at a network of authorized garages. You don’t need to worry about paying upfront when your vehicle requires repairs. You just need to show your car insurance policy online, and the insurer will handle the payments directly with the garage. It simplifies the repair process and saves you from arranging money. Show MoreShow Less
NCB Transfer
If you haven’t made any claims on your policy, you earn a No Claim Bonus (NCB). It reduces your car insurance premium during motor insurance renewal. When switching providers or renewing motor insurance online, you can transfer this bonus to your new motor insurance policy and save on your premium. Show MoreShow Less
Personalized Plans
Every driver has some unique requirements, and so should every motor insurance policy. Universal Sompo offers customizable plans to meet your needs. Whether you need more comprehensive coverage or just basic protection, you can choose a car insurance plan that works for you. Show MoreShow Less
Motor Insurance Inclusions & Exclusions
Understanding what’s covered and what’s not in your motor insurance policy is essential before you buy motor insurance online. Let’s break down the inclusions and exclusions to give you an idea.
Third Party legal liability
This covers damages or injuries caused to a third party by your vehicle. It is a mandatory component in any motor insurance policy in India.
Personal Accident cover
Your motor insurance policy covers injuries sustained by the driver in case of an accident. This way, the medical expenses or compensation for injury are taken care of.
Natural Disasters
Floods, earthquakes, or cyclones can damage your vehicles. A comprehensive car insurance policy covers the cost of repairing such damages.
Man-made disasters
Riots, strikes, or vandalism can also damage your vehicle. A motor insurance policy will also ensure it financially protects you in these situations.
Wear and tear damages
Your motor insurance policy does not cover the natural wear and tear or aging of the vehicle.
Loss/damage due to war/nuclear risks
If your vehicle is damaged because of war or nuclear risks, your motor insurance policy will not cover the costs.
Damage/loss outside geographical area
Coverage is limited to the geographical area mentioned in the policy. Any damage outside this area is excluded.
Loss of damage due to wilful act
If damage is due to intentional actions, your motor insurance policy will not cover the cost.
Add on covers in Motor Insurance
Add-ons in a motor insurance policy are optional features that you can purchase to enhance your coverage beyond the standard motor insurance policy. These additional riders provide coverage for damages not included in the basic policy.
Depreciation waiver
This add-on allows you to claim the full value of parts replaced during repairs without depreciation being deducted. If you have to file a car insurance claim for damages, this add-on can save you from paying for the depreciated cost of parts.
Preferred Garage Network
With this add-on, you can get repairs done at specific garages where you enjoy faster service and cashless claims. It adds convenience to buying car insurance online.
NCB Protector
If you’ve accumulated a No Claim Bonus (NCB) over the years, a single claim can cause you to lose this benefit. However, with an NCB protector, you can file a claim without affecting your bonus, lowering your four-wheeler insurance premium during motor insurance renewal.
Engine Protector
Engine damage can be costly to repair, especially in the case of waterlogging or oil leaks. With the engine protector add-on, your car insurance policy online covers these costs, ensuring your car's engine is fully protected.
Why should you buy Motor Insurance?
Legal Requirement
In India, having at least a third-party motor insurance is mandatory under the Motor Vehicles Act of 1988. Driving without it can result in hefty fines or even imprisonment.
Protection Against Financial Loss
Accidents happen at times, and the cost of repairs can be substantial. Comprehensive motor insurance covers not only third-party damages but also damage to your own vehicle because of accident s, natural disasters, theft, or vandalism.
Personal Accident Cover
Motor insurance includes personal accident cover for the owner-driver. This provides compensation in case of injury or death due to an accident.
Protection Against Natural and Man-Made Disasters
Motor insurance policy can cover the repair or replacement costs of damages caused by
Natural calamities such as floods, earthquakes, and cyclones
Man-made disasters such as riots, strikes, or acts of terrorism
Coverage for Third-Party Liability
If you cause an accident that results in injury or damage to someone else’s property, third-party liability insurance covers the cost. It is extremely important in cases where the injured party requires extensive medical treatment or their property is severely damaged.
No Claim Bonus (NCB)
Insurance providers offer a No Claim Bonus as a reward for not making any car insurance claims during the policy period. These discounts on premium renewals help you save money in the long run.
Peace of mind
In the event of an accident, you won’t have to worry about the financial implications, as your insurance policy will handle the bulk of the expenses. This allows you to focus on your recovery or on resolving the situation without the added worry of financial strain.
Add-On Covers for Enhanced Protection
A motor insurance policy offers add-on covers such as roadside assistance, engine protection, zero depreciation cover, and more. These add-ons provide an extra layer of security and convenience.
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TP Premium Rates Ensure a happy journey every time you ride Be ALERT, SAFE and INSURED.
Private Car Care
- The policy includes loss or damage to the covered vehicle.
- It covers liability for physical injury & property damage caused by an accident to third party.
- The policy makes it compulsory to cover personal accidents for vehicle driver.
Ensure a happy journey every time you ride Be ALERT, SAFE and INSURED.
Renew Insurance
- Ensure your NCB discount is continual.
- It covers liability for physical injury & property damage caused by an accident to third party.
- Avoid lapse of No Claim Bonus (NCB).
- Avoid any additional expense after policy lapse.
- Renew your expired insurance to avoid any financial burden.
Ensure a happy journey every time you ride Be ALERT, SAFE and INSURED.
Minimizing Risk
- Use Seatbelt while driving.
- Avoid using cell phones while driving.
- Avoid Over speeding / Red Light Jumping.
- Avoid drinking and driving.
- Avoid parking on roads prone to floods or water logging.
- Do not drive in waterlogged area.
- Avoid parking under a tree.
- Adjust mirrors while driving