English
Motor insurance is an insurance policy that covers the policyholder in case of financial losses – resulting from an accident or other damages – sustained by the insured vehicle. A comprehensive motor insurance policy covers damages to third-party and third-party property along with compensating for own losses as well.
Types of Motor Insurance Policies
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Third-Party
Third-party insurance is one of the most common types of vehicle insurance; in which only damages & losses caused to a third-party person, vehicle or property are covered.
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Comprehensive
Comprehensive insurance is one of the most valuable types of vehicle insurance that covers both third-party
liabilities and damages to your own vehicle as well.
As per government of Nepal, Third party (TP) insurance is compulsory. Prabhu Insurance provided both Third party and comprehensive. To calculate premium of Motor insurance
Premium Calculator
Prabhu Motor insurance covers loss or damage by accident, fire, lightning, riots, earth quake, hurricane, terrorist attacks, explosion, theft, third party’s claims and damages (like liability for third party injury or death, third party property and liability to paid driver). On payment of appropriate additional premium it covers loss or damage to electrical or electronic accessories and other significant items.