Motor Insurance by Fibe Drive

Stay protected on the road with a motor insurance policy that covers your vehicle, your finances and your peace of mind.

Up to 90% off on
insurance policy

Free PUC &
Challan Check

100% digital
process

39 Mn+

App downloads

9 Mn+

Loans given

₹40,000 Cr+

Money disbursed

8,500+

Partner tie-ups

Fibe personal loan and instant cash loan app

What is Motor Insurance?

Motor insurance is a type of financial protection that covers your vehicle against accidents, damages, theft and third-party liabilities. It ensures that you don’t have to bear heavy expenses in case something unexpected happens.
In India, having a third-party insurance 2-wheeler or 4-wheeler is mandatory by law. Whether you own a car or need motor bike insurance, a good motor vehicle insurance plan keeps you legally compliant and financially secure.

What does Motor Insurance Cover?

It covers risks related to your vehicle and what happens when you're involved with others.

Damage to Your Vehicle (Own Damage Cover)

Covers repair or replacement costs if your vehicle is damaged due to accidents, fire, theft, or natural disasters.

Personal Accident Cover

Covers medical expenses, disability, or death of the owner-driver in case of an accident.

Third-Party Liability

Mandatory under Indian law, this includes car insurance third party and third-party insurance two-wheeler, covering injury, death, or property damage caused to others.

Natural & Man-Made Disasters

This protects your car from floods, earthquakes or any other big storms. Your car is safe from disasters.

Theft, Fire & Explosion Protection

Provides compensation for losses if your vehicle is stolen or damaged due to fire-related incidents, including explosions.

Add-on Covers (you can choose these)

With add-ons, you can extend your motor vehicle insurance to include zero depreciation, engine protection, roadside assistance and more.

Damage to Your Vehicle (Own Damage Cover)

Covers repair or replacement costs if your vehicle is damaged due to accidents, fire, theft, or natural disasters.

Personal Accident Cover

Covers medical expenses, disability, or death of the owner-driver in case of an accident.

Third-Party Liability

Mandatory under Indian law, this includes car insurance third party and third-party insurance two-wheeler, covering injury, death, or property damage caused to others.

Natural & Man-Made Disasters

This protects your car from floods, earthquakes or any other big storms. Your car is safe from disasters.

Theft, Fire & Explosion Protection

Provides compensation for losses if your vehicle is stolen or damaged due to fire-related incidents, including explosions.

Add-on Covers (you can choose these)

With add-ons, you can extend your motor vehicle insurance to include zero depreciation, engine protection, roadside assistance and more.

Features of Motor Insurance

Financial protection
Covers repair costs, theft and damages.

Easy purchase
Buy motor insurance online in minutes.

Custom plans
Choose plans for cars and motor bike insurance.

Add-ons available
Enjoy additional benefits with the cover.

What's Covered in Motor Insurance?

What’s Covered

Own Damage Cover: Covers repair costs due to accidents, fire, natural disasters, or vandalism
Theft Protection: Compensation in case your car is stolen
Third Party Liability: Covers damages or injuries caused to another person or their property (mandatory under car insurance third party)
Personal Accident Cover: Protection for the owner-driver in case of injury or death
Natural & Man-Made Calamities: Protection against floods, earthquakes, riots, etc
Fire Damage: Covers losses due to fire or explosion

What’s Not Covered

Normal wear and tear or depreciation
Driving without a valid license
Driving under the influence of alcohol or drugs
Mechanical or electrical breakdown (unless add-on taken)
Damage outside geographical limits
Consequential damages (like engine damage due to water ingress without add-on)

Motor Insurance Plan Types

Third Party Insurance Plan

This is the most basic and legally mandatory motor insurance in India. It covers damages or injuries caused to a third party (person or property) but does not cover your own vehicle. It includes options like car insurance third party and third party insurance two wheeler.

Comprehensive Insurance Plan

A complete motor vehicle insurance plan that covers both third-party liabilities and damages to your own vehicle. It also protects against theft, natural disasters and accidents. This is ideal if you want all-round protection.

Standalone Own Damage Plan

This plan covers only damages to your own vehicle, such as accidents or natural calamities. It is usually purchased along with a separate third-party policy and is popular among those renewing motor insurance online.

Additional Benefits on Covers

Zero depreciation cover

Engine protection cover

Roadside assistance

No claim bonus protection

Return to invoice cover

Consumables cover

How to Apply for Motor Insurance

To get the motor insurance, you can follow the below simple steps:

Step 1
Download the Fibe App and go to Fibe Drive section
Step 2
Enter your vehicle registration number
Step 3
Your vehicle details will be pre-filled
Step 4
Compare plans from GoDigit, TATA AIG and ICICI Lombard side by side
Step 5
Filter by price, coverage type or add-ons
Step 6
Complete policy purchase & KYC to issue your policy
Step 7
Once all is done, you will get your policy document on your registered email address

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Motor Insurance FAQs

Yes, at least car insurance third party or third-party insurance two-wheeler is legally required.

Yes, you can easily buy or renew motor insurance online for cars and bikes.

Your policy is usually issued instantly after payment.

Yes, renewal is quick and can be done online in a few steps.

You can raise a claim through the insurer’s website or customer support with required details and documents.

Basic documents required for motor insurance include RC, ID proof and previous policy details (if applicable).

Motor Insurance Blogs

Motor Insurance 11 Jun 2026

No Claim Bonus (NCB) in Motor Insurance: Meaning & Benefits

This article explains No Claim Bonus (NCB) in motor insurance covering what it means, how IRDAI’s standardised discount slabs work from 20% to 50% and how to transfer, protect and maximise your NCB savings. Takes about 6 minutes to read. Saved ₹11,500 on car insurance without doing anything special. That is what 5 claim-free years does for you, thanks …

Continue reading “No Claim Bonus (NCB) in Motor Insurance: Meaning & Benefits “

What is IDV in Motor Insurance and How Is It Calculated?

This article explains what IDV (Insured Declared Value) means in motor insurance, how it is calculated using IRDAI’s depreciation schedule and why choosing the right IDV affects both your annual premium and your claim payout. Covers cars and two-wheelers. Takes about 5 minutes to read. IDV – Insured Declared Value – is the number that …

Continue reading “What is IDV in Motor Insurance and How Is It Calculated?”

How to Transfer Car Insurance to a New Owner in India

This article covers how to transfer car insurance to a new owner in India – who initiates the process, which documents are required and the 14-day deadline you cannot afford to miss. Whether you are buying or selling a used car, this guide walks you through every step. Buying or selling a used car in India? The RC (Registration …

Continue reading “How to Transfer Car Insurance to a New Owner in India”