What nobody tells you about buying motor insurance
Last Update Date: 06-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar said first-time buyers often take only third-party cover without comparing policies. He suggested basing the IDV on market value, choosing comprehensive cover and only useful add-ons, and checking exclusions and claim rules.
More of Abhishek's views on insurance
The article looks at India's growing passenger vehicle and motor insurance markets and the avoidable mistakes first-time buyers make. It covers setting the insured declared value, choosing between third-party and comprehensive cover, picking useful add-ons, cutting premiums and reading policy exclusions before buying.
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What nobody tells you about buying motor insurance