There are primarily three types of vehicle insurance in India. They are private car insurance, commercial vehicle insurance and two-wheeler insurance.

Apart from comparing the prices, make sure to check the Insurance Declared Value (IDV) of the car. Also find out your No Claim Bonus (NCB), add-ons, the premium you will pay and the brand value of the vehicle.

Apart from the fact that driving a vehicle without atleast having third-party insurance is illegal, you can also end up losing your NCB. Not to forget that you would also not be able to get any monetary support, in case of any damage to the vehicle.