 The
basic types of auto insurance coverage include:
- Third Party Insurance
- Comprehensive Insurance
About Third Party Insurance
Third Party Insurance covers:
a) Personal Injury
b) Property damage
Third Party Insurance cover for Personal Injury includes:
- Liability for death or
injury to third parties - this means that you are insured
against death or injury (caused by your vehicle) to pedestrians,
occupant of other vehicles, and outsiders other than passengers, for
unlimited amounts. Passengers of private vehicles and pillion riders
are also deemed covered.
- Liability to employees
connected with operation of the vehicle - this means you
are insured against death or injury (caused by your vehicle) to the
vehicle's drivers, cleaners, conductors, coolies etc. , employees
used in the operation of the vehicle.
Liability to passengers carried in
the vehicle for hire or reward - this means that as an owner of a taxi,
bus or auto - rickshaw, you are insured against death or injury (caused
by your vehicle) to the passengers |
