Motor Insurance in India
Drive Legally. Drive Safely. Drive Insured.
Motor insurance is not just a legal requirement in India—it is a crucial safety net that protects vehicle owners from financial losses due to accidents, theft, or third-party liabilities. Whether you own a personal car, a commercial vehicle, or a two-wheeler, BTW IMF offers reliable and affordable Motor Insurance solutions tailored to your needs.
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What is Motor Insurance?
Motor Insurance is a policy that covers financial losses arising from accidents involving your vehicle. It includes protection for damage to your own vehicle, third-party liabilities, and injuries to the driver or passengers. The Motor Vehicles Act, 1988 mandates third-party insurance for all vehicles in India.
BTW IMF helps you compare, customize, and purchase the best motor insurance plans from leading IRDAI-approved insurers
Get the Right Motor Insurance Today
Secure your ride with a motor insurance policy that fits your vehicle type and budget. Speak to a BTW IMF advisor today and get instant quotes with full claim support.
Why Buy Motor Insurance Through BTW IMF?
Why is Motor Insurance Important?
Third-Party Liability Insurance (Mandatory)
Covers bodily injury, death, or property damage to a third party caused by your vehicle. This is the minimum required coverage under Indian law.
Comprehensive Motor Insurance
Offers complete protection, including third-party liability and own damage (OD) cover. Ideal for vehicle owners looking for all-round safety and peace of mind.
Standalone Own Damage Insurance
If you already have a third-party policy, you can buy this additional cover for your own vehicle’s damage due to fire, theft, natural calamities, or accident.
Commercial Vehicle Insurance
Tailored for goods carriers, passenger vehicles, delivery vans, taxis, and trucks. Covers business-related risks and ensures continuity of commercial operations.
Required Documents for Motor Insurance
Registration Certificate (RC) of the vehicle
Previous policy (for renewals)
ID proof and address proof
Vehicle inspection report (for expired policies or break-in)
Add-On Covers Available
- Zero Depreciation Cover
- Roadside Assistance
- Engine Protection
- Return to Invoice
- Consumables Cover
- No Claim Bonus (NCB) Protection
- Passenger Personal Accident Cover
What Is Covered?
- Accidental damage to vehicle
- Fire, explosion, or natural disaster
- Theft or total loss
- Personal accident cover for the owner-driver
- Third-party injury or property damage
- Towing charges after an accident (as per policy terms)
What Is Not Covered?
- Driving without a valid license
- Driving under the influence of alcohol or drugs
- Mechanical or electrical breakdown
- Wear and tear or depreciation (unless covered under add-ons)
- Damage outside geographical area or during illegal use
Ready to insure your Motor Insurance? Contact us today at BTW IMF
and let us find the best plan for you!
Frequently Asked Questions (FAQs)
Yes. At least a third-party liability policy is legally mandatory for all motor vehicles under Indian law.
Yes. Insurance can be transferred to the new owner upon vehicle sale. Notify the insurer and update ownership details accordingly.
NCB is a discount on the premium for not making any claims during the previous policy year. It can be up to 50 percent for five consecutive claim-free years.
You can renew your policy up to 90 days before expiry. Late renewals may require vehicle inspection.
Yes, we offer cashless repair options through a wide network of authorized garages across India.