Motor insurance provides financial protection against vehicle-related risks, including accidents, theft, damage, and third-party liabilities. It is mandatory in most countries to ensure road safety and financial security.

Types of Motor Insurance Policies

1.  Comprehensive Motor Insurance

• Covers own vehicle damages (accidents, theft, fire, natural disasters) and third-party liabilities.
• Ideal for private and commercial vehicle owners who want full

2.  Third-Party Liability Insurance.

• Covers damages to other vehicles, property, or individuals caused by the insured
• Does not cover damages to the insured
• A legal requirement in many

3.  Collision Insurance

• Covers repair or replacement costs if the insured vehicle is damaged in an
• Does not cover theft or non-collision

4.  Fire and Theft Motor Insurance

• Covers losses due to fire, explosions, and vehicle theft.
• Does not cover accident-related

5.  Commercial Vehicle Insurance

• Provides coverage for vehicles used for business purposes (trucks, taxis, buses, delivery vans).
• Includes liability, damage, and employee

6.  Pay-As-You-Drive Insurance

• Charges based on mileage or vehicle
• Suitable for infrequent drivers who want lower