Motor Insurance

You spend your hard earned money to buy a car for comfortable travel. It becomes a part of your life and many memorable moments. However, life is unpredictable and you should be prepared to handle any adversity that comes your way by choosing the right insurance to secure your car. Kotak understands this and provides you with a comprehensive Private Car Insurance product to give you all round protection for your prized asset.

FEATURES AND BENEFITS

Cashless Service: 

Avail cashless servicing for your car across a wide network of authorized garages. 

Optional add-ons: 

Customize your policy as per your needs. Choose from a list of smart add-ons, available for an additional premium 
 

• Roadside Assistance 
• Depreciation Cover 
• Consumables Cover 
• Engine Protect 
• Return to Invoice 
• Tyre Cover
• Daily Car Allowance
• NCB Protect
• Loss of personal belonging
• Key Replacement

NCB Discounts & Entitlements:

Avail No Claims Bonus (NCB) benefit (as per your expiring policy) if you choose to shift your policy to us from any other insurer. 

Premium discounts: 

Earn additional discount (as per the Tariff) on your premium, if you opt for Voluntary Deductible in addition to Compulsory Deductible.

Additional discounts for AAI members:

Get an additional discount if you are an active member of a recognized Automobile Association of India (AAI) 

WHAT IS COVERED? 

Cover for any Partial or Total Loss or Damage to the vehicle

• Due to natural calamities such as fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide etc. 
• Due to man-made calamities such as burglary, theft, riot, strike, malicious act, accidental external means, terrorist activity, any damage in transit by road, rail, inland waterway, lift elevator or air, etc. 
   

Personal Accident Cover 

• For Owner Driver whilst driving the vehicle including mounting into/dismounting from or traveling in the insured vehicle as a co–driver 
• Optional for other passengers and paid drivers, limited to the carrying capacity of the vehicle, excluding the driver. 
   

Third Party Legal Liability 
 

• Third party property damage due to an accident. 
• Bodily injury (including death) due to an accident. 
   

Comprehensive Cover 
 

• Electrical/Non-electrical accessories, bi-fuel systems
• Other Indian Motor Tariff endorsements may be availed by paying additional premium, if any

WHAT IS NOT COVERED? 

It is important to understand the major exclusions of your policy to avoid any unpleasant surprises during claims. Loss/Damage to the vehicle accessory/accessories arising by the following are not covered under the policy
 

• Normal wear, tear and general aging of the vehicle. 
• Depreciation or any consequential losses. 
• Vehicle being used contrary to limitations as to use. 
• Mechanical and electrical breakdown. 
• Any contractual liability. 
• Damage to or by a person driving the vehicle under the influence of drugs or liquor. 
• Damage to or by a person driving the vehicle without a valid driving license. 
• Damages due to nuclear risk or war, etc.