Motor Vehicle Insurance Policy Online in Hyderabad, IndiaEnsure your vehicle in just 2 minutes
Motor insurance is a financial safety net that protects vehicle owners against damages resulting from accidents, theft, fire, natural disasters, and third-party liabilities. According to the Motor Vehicles Act, 1988, every motor vehicle owner in India must have at least a valid third-party insurance policy to legally drive on public roads. Whether you're purchasing a new car or looking for motor car insurance renewal online, having a robust policy is crucial to avoid legal troubles and high repair expenses.
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Avoid fines and penalties by owning the minimum third-party coverage.
Covers repair costs due to damage, accidents, or theft.
Covers any legal or financial liabilities toward third-party injury or property damage.
Includes mandatory accident insurance for the owner-driver.
Add coverage for natural calamities, vandalism, and fire.
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Get covered for up to 3 or 5 years in a single go.
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Lock in your rates and save on future revisions.
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Many insurers offer long-term policy bonuses.
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No gaps, no penalties
IDV (Insured Declared Value) is the maximum sum insured your insurer will pay in case of total loss or theft of your vehicle. - **Higher IDV = Higher Premium** - **Lower IDV = Lower Premium** Choose an IDV that balances coverage and cost. BimaStreet allows you to customize this during quote selection.
Your motor insurance premium is calculated based on:
100% digital policy issuance
Instant comparison from top insurers
No paperwork, no middlemen
Transparent pricing with custom IDV options
Fast & easy claims support
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This basic and mandatory insurance protects you against liabilities arising from injury, death, or damage to someone else's property.
A more inclusive policy that covers both third-party liability and own vehicle damage due to accidents, fire, theft, or natural calamities. Ideal if you're looking for the best motor car insurance.
You can purchase this along with a third-party plan to protect your own vehicle against accidental damages and loss.
A usage-based policy where the premium is based on kilometers driven annually.
| Included in Comprehensive | Included in Third-Party | |
|---|---|---|
Third-party liability | Yes | Yes |
Own vehicle damage | Yes | No |
Theft or fire | Yes | No |
Natural disasters | Yes | No |
Personal accident | Yes | Yes |
Visit the insurer or aggregator website like www.bimastreet.com
Enter your vehicle registration details
Choose the type of policy (third-party or comprehensive)
Select required add-ons
Make a payment securely
Receive the digital policy by quick download and get through email/WhatsApp
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Full claim value without depreciation deductions
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Covers engine and gearbox damages
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Retain your bonus even after a claim
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Get the full invoice value if your car is totaled or stolen
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24/7 help for breakdowns
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Covers engine oil, brake fluid, nuts, bolts, etc.
Notify the insurer immediately after the incident
Submit FIR (if applicable) and required documents
Get the vehicle surveyed by the insurance team
Claim approved & processed, either cashless or reimbursement Documents Required for Claims:
Compare policies online before buying
Choose an accurate IDV (Insured Declared Value)
Understand what’s included and excluded
Pick essential add-ons based on usage
Review insurer claim settlement ratios and feedback
Third-party insurance covers damage to others. Comprehensive insurance also covers your own vehicle.
Yes, if your existing policy is still active or recently expired. If it’s expired for long, an inspection may be needed.
It’s a garage that works with your insurer so you don’t need to pay for repairs upfront.
You usually need your RC, driving license, insurance policy, and photos of the damage. FIR is required in some cases.
IDV means the current market value of your car. It’s the maximum amount you get if your car is stolen or totally damaged.
NCB is a discount you get for not making any claims in a policy year. It reduces your renewal premium.
Yes, you can switch your insurer when you renew your motor insurance policy.
Yes. You can buy or renew your motor insurance online anytime at www.bimastreet.com.
Visit BimaStreet’s website, enter your vehicle details, and follow the simple steps to renew even after expiry
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Support mail: -
Claim mail: -
For Other Query: -
Phone Number: -
Corporate Office :-
Website approved by IRDA(Govt. of India),
ISNP Ref:
IRDA License Number:
Licensed on:
Valid Upto:
Disclaimer:
© 2026 - All Rights Reserved