What is motor insurance ? Types of motor insurance | Accidental covers in motor insurance

What is Motor Insurance  Motor insurance also known as vehicle / car / auto insurance.  It is the insurance purchased for cars, trucks, and other road vehicles. It's primary objective is to provide protection against physical damage resulting from traffic collisions and against liability that could arrive their from.  Motor insurance in india covers loss of damage cost the automobile or its parts due to natural and man made calemeties. It provides accident cover for individual owner of the vehicle while driving & also for co passenger and third party liability. Types of Motor Insurance: Their are two types of motor insurance 1. Third party liability insurance (TP Liability Insurance):   TP liability insurance is compulsory on purchase of new vehicles whether acquired for private or commercial usage. As per motor vehicle act of india one can be penalised for driving without valid TP cover. An accident can happen to anyone even if the driver of the vehicle is not at fault. This m