Motor Insurance

Armourr Insurance Broking Pvt. Ltd.

At Armourr Insurance Broking Pvt. Ltd, we understand the importance of keeping your trusty vehicle safe and always ready to go. Our motor insurance solutions are designed to provide comprehensive coverage, ensuring that your vehicles are protected in all situations. Contact us today to find the right motor insurance policy for your vehicle.

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Motor Insurance

Motor third party liability insurance is mandatory for all vehicle owners in India, Motor insurance provides financial protection against accidents, theft, and other unexpected incidents to his vehicle and accidental injury / death to the third parties and their properties. At Armourr Insurance Broking Pvt. Ltd, we provide a variety of motor insurance policies tailored to the specific requirements of different types of vehicles to ensure your every ride is as smooth as possible.

Private Car Comprehensive Package Insurance Policy

Private car insurance protects your vehicle from loss / damages caused by accidents, theft, fire, natural disasters, and other risks. It also includes third-party liability coverage which is mandatory in India. This policy ensures that your car is covered whether you're driving around town for a grocery trip or taking a long road trip to a holiday destination or even if the vehicle kept in your garage. This policy is issued for one year to three years.

Two Wheeler Comprehensive Package Insurance Policy

Two-wheeler insurance is tailored for motorcycles and scooters, offering coverage for accidents, theft, and damages caused by natural disasters etc. including third party liabilities. Whether you use your two-wheeler for daily commuting or occasional rides, this policy provides financial protection in the event of any mishaps. We also offer riders to ensure that your modifications and riding gear is also insured.

Private Cars / Two Wheelers / Commercial Vehicles – Standalone Motor Liability Act Only Policy

As per the Motor Vehicle Act, 1988 (amended several times till now), any motor vehicle using the public road should have minimum motor insurance for third party liability insurance (personal injury, death and property damage) cover otherwise punishable. Long term insurance policy up to 5 years are issued for the new vehicles.

Private Car / Two Wheeler – Standalone Motor Package Policy

These policies issued for new vehicles from three to five years without third party liability cover. To procure this policy, a separate third party liability act only policy must be in force.

Commercial Vehicle Insurance - Passenger Carrying Vehicles

This insurance covers T-Permit vehicles such as Ola, Uber, auto rickshaws, and passenger-carrying vehicles used for commercial purposes such as van, Omni bus, taxi etc. This policy provides coverage for damages to the vehicle, the inmates of the vehicle, driver and cleaner as well as third-party liability.

Commercial Vehicles – Passenger carrying vehicle not for hire or reward (School Bus, Corporate Bus, Employee Pick up and Drop)

Goods Carrier Vehicle (GCV) Insurance is specifically designed for trucks and cargo vehicles that transport goods across India. This policy offers coverage for loss / accidental damages to the vehicle, theft of the vehicle, cover for driver, cleaner and collies and third-party liabilities.

Miscellaneous Vehicle Insurance (Ambulance, Crane, Road Sweeper, Road Roller, Earth movers, Excavator, Harvester, Agriculture Tractor etc.)

Miscellaneous Vehicle Insurance provides coverage for a variety of specialized vehicles including ambulance, cranes, road sweepers, road rollers, excavators, harvesters, and tractors. This policy offers protection against own damages, theft, fire and allied perils, and third party liability.

MOTOR TRADE POLICIES

This is a specialized policy exclusively designed for organizations such as Motor Manufactures, Motor Dealers, Motor Repairer and Motor Show room etc.

There are three types of policies under Motor Trade Insurance viz (a) Road Risk (b) Road Transit risk and (c) Internal Risk. Every policy is identical policy and designed for according to the need.

(a)Road Risk – This policy covers the new vehicles running on its own power from the manufacturer place to dealer point. During the en-route, any accident to the vehicle, loss / accidental damages to the vehicle and the third party liabilities are covered under this insurance. Few add on covers are available on extra premium.

(b)Road Transit Risk – This policy issued to the Motor Dealers to cover their new vehicles and vehicles came for repair. This policy issued on Named Driver basis or Trade Certificate Basis. This policy covers the insured new vehicles, vehicles came for repair, buildings and contents, third party liability and showrooms for various risks including fire and allied peril.

(c)Internal risk – This policy covers the workshop of the insured. The covers include damage to the third party vehicle, own vehicles, third party injury or property damage, damage to building and machinery.