Types of Insurance
Comprehensive insurance and Third party insurance
What Is Comprehensive Insurance?
Comprehensive insurance is a type of automobile insurance that covers damage to your car from causes other than a collision. Comprehensive insurance will cover your vehicle if destroyed by a tornado, dented by a run-in with a deer, spray-painted by a vandal, damaged by a break-in, or crushed by a collapsing garage, among other causes.
What is the third party insurance for car?
Third-party car insurance is a basic motor insurance policy that every four-wheeler owner must have. It financially covers the policyholder against any losses or damages caused to a third party's property or if the person suffers physical injury or death.
| Comprehensive Car Insurance | Third-Party Car Insurance |
|---|---|
| Covers damages to your own car and third-party liabilities | Covers third-party liabilities only |
| Provides complete protection for your car | Only covers legal liabilities |
| May include add-ons like zero depreciation, roadside assistance, etc. | Only includes mandatory third-party coverage as per law |
| Higher premium as compared to third-party insurance | Lower premium as compared to comprehensive insurance |
| Can be purchased online or offline | Mandatorily needs to be purchased before registering a car |