Buying Car Insurance from Bima Buy is simple

What is Car Insurance?
Car insurance alternatively known as motor insurance, is a specific policy that protects the car & car owner from financial losses arising out of inescapable events such as accident, theft or damage. Car insurance works as a safety net for the car owner. In a country like India, where the population is sky high, car accidents have become very common. No matter how safely you drive, car accidents can happen within a blink of an eye. Even if you are not driving, you have just parked your car somewhere near a shopping mall, restaurant etc. & you notice a big dent on the back of your car. How will you deal with such scenario? Well, that’s when car insurance comes into play. Realising the importance of the safety of the car owners, government of India, by law, has made vehicle insurance mandatory.
Bima Buy offers you wide range of third-party & comprehensive insurance plans at an affordable price online.
Types of Car Insurance in India
Third Party Liability Cover
Third party liability car insurance is the most common form of car insurance which is a bare minimum policy that you must have to drive the car as per the rules and regulations of Motor Vehicles Act of 1988. It covers damages & injuries caused by the insured vehicle, only to a third-party person or property. If a policy holder is considered as the first party, the insurer as the second party and any other person or property involved is the third party.
Comprehensive Insurance Policy
A comprehensive car insurance, is an optional car insurance policy that gives you a higher level of protection for your vehicle. It comes with more features & benefits. The best advantage is that it protects your own vehicle against various damages arising from theft, accident, natural & man-made disasters like fire, earthquake, tornado or damage caused by animals, falling objects etc. It includes the third-party liability policy by default.
Factors to consider before buying Car insurance

Insured Declared value

Cashless facility

No claim bonus

Claim procedure

Zero Depreciation

Accidental Cover

Daily Allowance

Add-On features

Roadside Assistance

Engine Protector
Factors to consider before buying Car insurance

Insured Declared value

Cashless facility

No claim bonus

Claim procedure

Zero Depreciation

Accidental Cover

Daily Allowance

Add-On features

Roadside Assistance

Engine Protector
What is covered in Bima Buy car Insurance

Accidents
Loss & damage to the insured vehicle due to accidents or collisions

Personal Accident
If an accident leads to the death or disability of the car owner

Third party Cover
Financial liability incurred due to the injury/death of a third party or the property

Natural Calamities
Expenses related to damages caused by natural calamities such as flood, cyclone, earthquake etc.

Thefts or Fires
Coverage for the damage & losses incurred when your car is unfortunately stolen or due to accidental fire
What is covered in Bima Buy car Insurance

Accidents
Loss & damage to the insured vehicle due to accidents or collisions

Personal Accident
If an accident leads to the death or disability of the car owner

Third party Cover
Financial liability incurred due to the injury/death of a third party or the property

Natural Calamities
Expenses related to damages caused by natural calamities such as flood, cyclone, earthquake etc.

Thefts or Fires
Coverage for the damage & losses incurred when your car is unfortunately stolen or due to accidental fire