What Is Vehicle Insurance And How To Insure The Car?

Vehicle Insurance: Do you have any vehicles, like a car, bike, etc., and the insurance on your bike or car has expired but you have not gotten your vehicle insured yet? So you need to know what car insurance is and what its types are. If you do not know how to get insurance, then this post is going to be very important for you. Yes, friends, because today in this post we are going to learn about it in detail.

In the true sense, even today, many people know how to drive a vehicle, but one of the necessary documents for a vehicle is insurance. They do not even know this, and some do not even know this. Know what vehicle insurance is and how to get a bike or car insured? If you want to know how to get your vehicle, bike, or car insured, then you will understand well after reading this post.

We all know that in India, it is mandatory to have insurance before driving any vehicle, and if any person drives the vehicle on the road without it, he may have to pay a fine along with punishment. Therefore, it is very important to insure the vehicle.

Keeping all these things in mind, we have prepared this post. We will tell you about this in detail because it is often seen that people buy vehicles but are unaware of vehicle insurance. For example,  what is vehicle insurance, and what is the Vehicle Act? And how to get a bike or car insured? But today you are going to get complete and proper information about insurance, so let’s start now.

What is vehicle insurance?

A type of vehicle insurance is a weapon to deal with any future accident, that is, when we go to buy a new bike, the company gives us its insurance. In which the company promises to compensate you in case of any accident or theft in the vehicle.

You must know that in some vehicle insurance companies, the party is also insured. which you can also insure the driver driving the vehicle and the person walking on the road. You must also know that in India, driving any vehicle on the road without insurance is a crime, and if any person is on the road without insurance, he has to pay a heavy fine.

It is often seen that if you also drive a bike or a car, then when an accident occurs due to some reason on the road, people start fighting among themselves and then start talking about compensation for the loss caused by the accident. Keeping all this in mind, the Government of India has made vehicle insurance mandatory so that people can take it directly from a provider company to compensate for the loss incurred in an accident.

By the way, you all must have heard or read on TV or in newspapers that the Government of India has introduced new rules for the Vehicle Act in many states of India. As per earlier, if any person does not drive any vehicle as per the traffic rules, then he will have to pay a fine of double the amount as compared to the earlier amount. That is why, if you have not insured your vehicle, you should get it done now.

Friends, no one knows anything about what will happen in this crowded world. Therefore, it is very important to insure any vehicle in a busy life. You know that these days, small incidents often happen on the road, and if there is any damage to the vehicle in an accident, then there is a lot of expense to the vehicle. We have to pay from our own pockets, but if it is for your vehicle, then you do not need to worry about it. If there is any defect in your vehicle due to a road accident, then you can claim your vehicle from the insurance company. And you can get compensation for it from the company.

Let us understand this in detail by taking an example.

For example, if you have a vehicle like a bike, then when you drive it on the road, if suddenly an accident occurs on the road, both the bike and the person driving the bike suffer losses. In such a situation, we have to spend our own money for the treatment of any kind of injury to the bike or our body, but if you have vehicle, bike, or car insurance and suddenly some kind of accident happens on the road, then in that accident, the company will bear the expenses of all the losses incurred, be it of your vehicle, bike, or tax, or any injury to your body.

All you have to do is claim the company, and then you can get compensation for any loss caused to you or your vehicle in a road accident. You won’t have to exhaust your own money. Vehicle insurance companies provide many types of vehicle insurance, which are explained in detail below.

Types Of Vehicle Insurance

After reading so much about vehicle insurance, I am sure you must have understood how important it has become in India today to get vehicle insurance. But now, along with all this, it is very important to know about its various types because it is often seen that people do not know about which insurance should be taken for the vehicle. Due to this, most people are not able to choose the right insurance for their vehicle; hence, we have explained below about its various types.

1. Third-party insurance

2. Comprehensive And full-party insurance

Third-Party Insurance

In this case, the one who provides insurance is the first party. The company that does the insurance is the second party. The third party is the one who suffers losses from the person taking the insurance. It is the third party who claims the loss. If someone gets third-party insurance for his vehicle, then the insurance company covers the loss in accidents caused to other people. This type of insurance does not cover any accidents that happen to the vehicle or the driver. Only that person who has been in an accident with your vehicle will be helped, that is why this insurance is called third-party insurance.

For example, if you are driving a vehicle on the road and an accident occurs on the road in which another person gets injured or there is any damage to his vehicle, the person in front will be compensated by the company, but if you get injured or if there is any damage to your bike, then according to third party insurance, you will not be given any help from the insurance company.

Comprehensive And full-party insurance

This policy covers both vehicle and bike owners. This means that if there is an accident on the road, your vehicle, the person who caused the accident, and all those who were traveling in the vehicle will be provided financial assistance from the insurance company.

How To Insure a Bike?

When it comes to the question of how to insure your vehicle, like a bike, or car, this question remains in the mind of many people and many people do not even know about it. Today people go out to get bike insurance, which takes a lot of time, but let us tell you that if you have a laptop or Android phone, then you can insure your bike or car sitting at home. This is a very simple task to do, you just have to follow some steps which we have explained step by step below.

Get bike insurance here.

• First of all, you have to go to the official website of insurance, Digital Seva Portal.
• Here you will get the option of insurance, you have to click on it.
• Next, you have to click on the option of motor third parties.
• Now here you will get the list of insurance companies, then select the company from which you have purchased the bike.
• Now here, you have to click on Login With Digital Seva Connect.
• Next, you will get the option of Motor Third Party Policy which you have to click on it, as soon as you click on it, you will get an insurance form on the next page.

How do I fill out a bike insurance form?

• First of all, you have to fill in your bike number.
• As soon as you enter the bike number, all your remaining information will be available, and even if it is not available, you will get some options to fill in whatever is asked, you can fill it yourself.
• Now here you will get information about how much you will have to pay for bike insurance.
• For this, fill in the payment amount, and finally click on Proceed for Payment.
• Fill in the details of the person from whom you want to make payment, and finally click on Pay.
• Click on pay, and your bike will be insured. On the next page, you will get the insurance policy number, Below that, you will get the print option, from which you can print it and also download it.

How Do You Get Car Insurance?

Insuring a car is as easy as insuring a bike. To do this, you just have to follow 4 4–5 steps that we have mentioned below.

• First of all, you have to go to one of the websites given below from the company with which you want to get insurance.

• As soon as you visit the website, you will have two options: buy the expiring policy or buy a new policy.
• Here you have to insure the car, hence, click on the option of Buy New Policy.
• Now here you will be asked for the details of your car, so you have to fill in the details of your car correctly.
• Next, select the number of years you want to insure.
• Now here, you have to make a payment after selecting the year.
• As soon as you make the payment, your car will be insured, and on the next page, you will get the policy number. Below that, you will get the print option, from which you can print it and also download it.

List Of Two Wheeler Insurance Companies

Following is a list of where you can get your insurance done through the company.

• Bajaj Alliance (Bajaj Allianz Two Wheeler Insurance)
• Oriental India Insurance Company (Oriental Two Wheeler Insurance)
• The new India insurance company (New India Vehicle Insurance)
• TATA AIG bike insurance (Tata AIG bike insurance)
• United India Insurance Company (United Vehicle Insurance)

In Short

Recently, ever since the Indian government has tightened the Motor Act and doubled the amount of fine, everyone has become very alert about it. That is why it is important for those people who have not yet got their car insured and whose insurance has failed, to get it renewed. If the ritual is done at the right time and they are found without it, they will be fined and may even be punished. That is why in today’s post we told what is motor insurance and how to get the car insured.

I hope that you have found the above information useful and have understood all the information, but if you have not understood anything in this article have any problem related to it, or want to ask something else about insurance. So you can ask us by commenting. Our team will connect with you soon and assist you completely.