Why Car Insurance is Mandatory in India – Know the Rules
Under the Motor Vehicles Act, car insurance is mandatory in India. At minimum, third-party insurance is required to drive legally. It covers damage to others’ vehicles or property and injury or death to others. Comprehensive insurance offers better protection, covering your vehicle as well. Driving without insurance can lead to heavy fines or license suspension. IRDAI regulates motor insurers and ensures fair practices. Always renew your car insurance on time to stay protected. You can compare quotes online to get the best deal.
