1) 3rd Party

This is the most easy form of insurance policy which you might buy. Its required that every motor owner purchases it since it is required by legislation.The concept here is that just in case there is an accident triggered due to your neglectfulness, you’re accountable for reimbursing the expenses related to damage and repair caused to the motor car. A 3rd party insurance policy does not provide you with the overall flexibility of claiming damages or injuries if any caused to your auto. In the same way, if your car has been taken, you cannot claim reimbursement from the insurance company.

2) 3rd Party, Fire and Thievery

This policy is somewhat greater when compared with easy Third party insurance coverage. Within this type of coverage, destruction caused to another vehicle gets covered. Also damages if any brought on for your own auto is insured. Moreover, your vehicle is also covered towards any destruction triggered because of fire. It also shields you from theft. That is certainly more expensive than the basic policy. It certainly offers a much better insurance coverage with a little extra cost.

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