INSURANCE FOR CAR

Fast. Flexible. Paperless.

Get best offers from multiple lenders for all your financial needs

Features and Benefits

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Easy on your pocket

When you insure your car with us, you only pay for insurance. No fees, No commissions.

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Stress free claims

During claims, you chill and we hustle. We offer free pick up and drop services (in selected cities). You can also avail our instant claim settlement process for minor claims.

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Instant everything

Right from policy issuance to claim settlement, we do everything quickly. No paperwork, no hassle.

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Support 24/7/365

Accidents can happen anytime & we've got your back. Whether it is larger calamities like cyclone Nivar or minor road accidents, we're just a click & call away.

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What is car insurance?

A car insurance policy, also known as vehicle insurance, saves you money when your car is damaged in an accident or natural calamity. It also covers your vehicle against theft and burglary. At times, you may end up hurting others or damaging property in an accident. A car insurance policy covers such third-party liabilities as well. If you own a car in India, having third party car insurance is a must for you. That’s why it’s crucial to buy and renew your policy on time to stay on the right side of the law and be covered against car damages. At an affordable premium, our reliable car insurance policy protects you against all these risks so that you can drive worry-free.

What are the different types of car insurance policies?

The Money Trunk provides different types of car insurance plans for your needs.

1. Comprehensive car insurance policy

Comprehensive car insurance, also known as a private car package policy, is a type of auto insurance that provides complete coverage for your vehicle. It is an optional car insurance policy but is highly recommended for car owners who want the best protection for their four-wheelers.

2. Stand-alone own-damage car insurance

Stand-alone own-damage insurance, also known as "Stand-alone OD", is a type of car insurance policy that is designed to cover damage to your own vehicle in case of an accident. It is an optional coverage that can be purchased in addition to the mandatory third-party liability insurance.

3. Stand-alone own-damage car insurance

Stand-alone own-damage insurance, also known as "Stand-alone OD", is a type of car insurance policy that is designed to cover damage to your own vehicle in case of an accident. It is an optional coverage that can be purchased in addition to the mandatory third-party liability insurance.

4. Zero Depreciation - Smart Saver

The Zero Depreciation - Smart Saver plan is a customised car insurance plan designed by The Money Trunk that offers all the benefits of a Zero Depreciation - Basic plan at a lower price. The only catch is that you pay a deductible of only Rs. 5,000 during claims. The rest of the repair costs are taken care of by us. The plan is ideally suited for those who may think that the chances of raising a claim are low.

5. Personal Accident Cover (PA)

The PA cover is not a Car Insurance Plan but an additional cover to your car insurance. As a vehicle owner, you must purchase the PA cover and the Third-party Car Insurance Policy since it is mandatory as per The Motor Vehicles Act, 1988. It provides financial protection against permanent disability or death while driving a car.

6. Own Damage (OD) Cover

Third-party Insurance does not cover you if your vehicle is stolen or is damaged in an accident, fire, natural or man-made disaster, etc. For insurance coverage for your car, you should consider buying the Own Damage Cover along with the mandatory Third-party Insurance.

Lending Partners

Locations for Loan Against Car

Ahmedabad

Bangalore

Bhubaneswar

Chandigarh

Chennai

Coimbatore

Delhi

NCR

Guwahati

Hyderabad

Indore

Jodhpur

Kochi

Ludhiana

Lucknow

Mumbai

Mysore

Nagpur

Pune

Surat

Vadodara

Visakhapatnam

Rohtak

Hisar

Varanasi

Patna

Madurai

Bhopal

Aurangabad

Frequently Asked Questions

Depending on your credit profile, you may be required to provide KYC documents, such as proof of identity and current address, if deemed necessary. Additionally, you will need to input your banking information. It is advisable to have the necessary documents and proofs readily available when making your application.

The outcome may vary depending on the specific lender you have chosen. In general, if you miss 2-3 EMIs (Equated Monthly Installments), it could result in a default being recorded in your credit history. This could potentially pose challenges in obtaining loans in the future.

Absolutely! It is indeed possible to prepay your personal loan. Typically, lenders do impose a nominal foreclosure fee, but they generally allow borrowers to make early repayments and settle the loan ahead of schedule.

With TheMoneyTrunk, you can experience the convenience of having your personal loan swiftly approved and disbursed right after completing the hassle-free instant VKYC process.

With TheMoneyTrunk, you have the opportunity to secure a loan amount of up to 5 lakhs. By simply applying for a loan, you can promptly and effortlessly check your precise loan offer, ensuring you have access to the information you need without delay.