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	Motor Insurance FAQs on Coverage Read onn to know more about the costs covered by your motor insurance and get answerrs to many more such questions that you may have.
	Motor Insurance FAQs on Claims If you are wondering whether you can claim insurance for your vehicle damaged in another city than where the policy was issued, get your answer right know. And, answers to many more questions.
	LIC explores non-life segment LIC explores non-life segment, having achieved success into health and life insurance sector. It aims at selling 75 lakh policies in this financial year. 60 per cent of the set target has already been met with.
	Third Party, Fare-Paying Passengers, and Non-Fare Paying Passengers Indivisuals travelling in a vehicle can bedivided in several categories with reference to auto insurance. Read to find out more.
	What happens if a vehicle flees after injuring a third party and its license plate number was not legible? Such hit and run accidents mean that no liability for insurance companies. The victim can be compensated by the Solatium Fund established by the Government.
	Motor Insurance Policy A or Third Party Policy or Act Only Policy or Liability Only Policy Motor Insurance Policy A or Third Party Policy or Act Only Policy or Liability Only Policy covers only a vehicle owner's liabilities as a result of an accident that might cause injury, death, or damage or loss of property.
	Motor Insurance Policy B or Comprehensive Policy or Own Damage Losses Policy or Act Liability Policy Motor Insurance Policy B or Comprehensive Policy or Own Damage Losses Policy or Act Liability Policy covers the owner's damages as well as third party liabilities.
	Are there extensions that can be added to the Comprehensive policy? Extensions can be purchased on Comprehensive motor insurance policies for loss or damage to accessories, passenger accident cover, and legal liability to employees and non-fare paying passengers in commercial vehicles.
	Can the insurance premium on my vehicle be reduced? Insurance premiums can be reduced if you maintain a claims-free record. Insurers reward claims-free years with discounts on the succeeding year's premiums.
	What are the risks covered by the Third Party policy? The risks covered by the Third Party policy include death or injury to a third party and damage to third party property.
	Can I renew my auto insurance with another insurance company? You can renew your auto insurance with another insurer, including the bonus accrued at your earlier insurer.
	What are the different types of Personal Accident Covers available for drivers and passengers? Personal accident cover can be purchased for the owner-driver, employed driver, as well as passengers.
	What are the risks covered by the Comprehensive policy? The Comprehensive auto insurance policy provides cover for damage caused to the vehicle due to man-made or natural calamities.
	What is my liability if someone else is driving at the time of the accident? If your vehicle is driven by someone else at the time of an accident and you have personal accident cover for passengers and drivers, you can make a claim.
	When is the damage to my vehicle considered a 'Total Loss'? Total Loss is when the damage to the vehicle is more than 75% of its IDV.
	What is the amount I need to insure my vehicle? / What is IDV? Vehicles are insured as per their IDV. IDV is ex-showroom price minus depreciation, registration, and insurance.a
	How long should I cover my vehicle? Vehicles need be insured at all times by law. Motor insurance policies are for a period of 12 months.
	Should I purchase the Comprehensive Insurance policy or the Third Party Only policy? It is better to go for the comprehensive insurance policy rather than the third party only policy.
	Does the motor insurance policy automatically cover all my high-cost accessories such as music system, extra fittings, etc? Accessories are not essential to the performance of the vehicle. Coverage for these accessories can be added separately in the insurance policy.
	Is there an age limit for vehicles being insured? Vehicles after a certain age are considered ineligible for comprehensive cover. But, third party only cover is mandatory irrespective of the vehicle's age.
	What if my vehicle has an additional CNG/LPG kit? An additional CNG/LPG kit fitted in a vehicle needs to be insured seperately. Read to find out more...
	More and more people to be insured: IRDA Chairman The chairman of IRDA has said that more and more people should opt for insurance.
	What are the different kinds of vehicles insured by the motor insurance companies? Vehicles that can be insured have been divided into three categories: motorcycles and scooters, private cars, and commercial vehicles.
	What is motor insurance? Is it mandatory for a vehicle to be insured? Motor insurance is a contract between an insurer and the vehicle owner. It covers the owner for various risks, such as theft or damage to the vehicle, death of the driver, death or injury to any third parties, and such like.
	What motor insurance covers vs. What it excludes Motor insurance covers natural and man made calamities, such as lightning, floods, and so on, third party legal liability, and personal accidents. It doesn't cover normal wear and tear, depreciation, breakdowns, and so on.
	HMSI and United India in strategic partnership United India Insurance (UII) and Honda Motorcycle and Scooter India (Private) Limited (HMSI) have tied up to provide motor insurance for the latter's new vehicles.
	Escorts offers insurance to farmers Escorts offers insurance to farmers
	General insurance to grow 18% in 2008 According to Mr. K. N. Bhandari, Secretary General of the General Insurance Council, the general insurance industry is set to grow at 18% in 2008.
	Foreign direct investment of $540 mn in insurance sector $540 million of FDI has been pumped in Indian insurance sector for the period ending on March 31, 2007. As per the regulations, Foreign Direct investment in the insurance sector is capped at 26 per cent.
	United India joins hands with Honda Motors United India ties with Honda Motors to provide insurance to two-wheeler buyers at dealers outlets. The company has also announced a new plan called family medicare policy where the entire family is covered under a single sum assured for hospitalization a