Car Insurance Inclusions & Exclusions

When insuring your car, it is important that you are well aware about everything that your car insurance policy has to offer. Being unaware of the coverage provided by your insurer could land you in trouble at the time of claim and not help you make optimum user of your car policy. Your job simply doesn’t end insuring your car with the best insurance policy online. You need to be fully aware of the basic inclusions and exclusions of your car insurance policy.

Though coverage offered by car insurance policy vary, the general inclusions and exclusions more or less remain the same.  

Inclusion of a car insurance policy

Mentioned below are some of the inclusion of a Car Insurance Policy:

• Own car damage: If your car is damaged due to an accident, you can claim for the coverage. You are simply required to notify your insurer for registering the claim. Most insurance companies require you to make a claim within 48 hours of the car accident. Additionally, you can also get your car towed to a network garage or any nearby garage. On inspection of the damaged car, your insurer will settle your claims for the repair of the vehicle. It is important to note that a third party insurance cover does not have own car damage inclusion.

• Natural calamities: Purchasing a comprehensive insurance policy for your car will protect it against natural calamities such as floods, landslides and earthquakes.

• Personal accident cover: A car insurance policy provides financial assistance to your family in case of your unfortunate demise. It also reduces the financial burden off your shoulders if you are partially or totally disabled due to an accident.

• Man-made disasters: Having a car insurance policy protects your car against man-made disasters such as strikers, terrorism, fire, etc.

• Stolen car: If your car is involved in a theft case, you can claim for an amount equal to the insured declared value of your car.

• Third party insurance: Opting for a third party insurance provides you coverage against third party damage and property. Any injury, damage or death caused to the third party is covered under third party insurance policy. Also, insuring your car with a third party cover is mandatory as per the Motor Vehicles Act, 1988.

Exclusions of a car insurance policy

• Below are the exclusion of a car insurance policy.

• Damages caused when driving the car for illegal purpose

• Damages caused when driving it beyond

• Damages caused to the car due to radiation, war, terror attacks or invasion, etc.

• When driving the car under the influence of alcohol or drugs

• When driving the car without a valid driving license

• When driving the car with an expired car insurance policy

• Damages or accident that are found fraudulent by the insurance company i.e. staged accidents

• Willful damages caused by the owner of the car.

• Driving on the wrong side of the road

• Consequential damages

• Cost of nuts, bolts, car coolants, etc is not covered

• Damage to the car due to oil leakage

• Contractual liabilities of the policyholder towards the car are not covered. This means if the car owner has handover over his car to another person for a specific duration, and if the damages are caused during the said time, then the car insurance policy does not provide against any such damages.

• If the car is used for commercial purpose with a private insurance