Insured is the client who the policy holder. Insurer is the insurance company.

Third party is the person or the property who or which got affected due to the accident.

If our client, who is responsible/liable for the accident means, it is faulty accident.

As per IA, if the client does not have any accident or did not claim means, he/she can avail 10-20% no claims discount on the premium/minimum premium.

There is basic premium for all the motor policies based on vehicle models and type of insurance policies. Loading is applicable when the client falls under certain categories like less than 1 year driving license, less than 25 years old, above 65 years old etc.,

Any motor insurance policy should be 13 months as per insurance authority.

After first 3 years from brand new, the vehicle has to be tested whether it is road worthy or not every year. This process is done be RTA and it mandatory for all the vehicles.

In third party policy, client’s car will not be covered at all. If he/she faces an accident due to their fault, client has to repair the car on their own.

If client faces an accident, if it at fault or non-fault, client’s car will be covered under the insurance policy and he/she can get the car repaired as per the insurance companies’ procedure.

Private vehicles are the types which is basically cars used for private and pleasure purpose. Commercial types of vehicles have all the type of vehicles which is used for business purpose.

Premium is the amount payable by the insured to avail the insurance policy.