Insurance Means of Protection from Financial Loss.An Insurer or Insurance Company which is an entity which provide Insurance to a person or to an object.An Insurance company also known as Insurance carrier.There are different types of Insurances.Life Insirance,Health Insurance,Long-Term Disability Coverage,Auto Insurance or Motor Insurance (Car Insurance)
There are so many types of Insurance polices in India and across the world. Today we are discussing about Private Car Insurance Which is under the category of Motor Insurance.Except Motor Insurance all other form of insurance have a choice,You can decide to take an insurance policy or Not.It is your Freedom.But Motor Insurance is not in that category .It is not a choice It is a legal compulsion all around the world.In India it is Mandatory to have a third party Motor Insurance under Indian Motor Act.In other sense it is a highly recommended thing.If you buy a Motor Vehicle then get a comprehensive Motor Insurance for your Prized Possession.
A motor Insurance will help not only on the loss/ damage caused by you to a third party (driver/vehicle/property) but also loss /damage caused to your vehicle by natural/man made calamities and other things.
Here is the List of top 10 Private Car Insurance policy providing Companies in India