Vehicle Insurance refers to insuring your vehicle against unfortunate and unpredictable incidents. Vehicle insurance is also called motor insurance or auto insurance in the insurance industry. It offers financial security in case of damages to your vehicle due to an accident, natural or man-made calamities, fire or explosion. It takes care of third-party liabilities (financial and legal), including bodily injury to the third party or damages to third party property caused by your vehicle. It offers coverage in case of the owner’s demise through the mandatory Personal Accident cover (PA). The PA cover not only provides financial protection in case of demise, but it also provides financial coverage in case of disabilities of the vehicle owner.