First Party Car Insurance

Owning a car comes with the responsibility of protecting it financially. Third-party insurance is needed by law under the Motor Vehicles Act 1988, but it only covers damage to others. It does not prevent your own vehicle from being damaged in any way.

First-party car insurance fills this important gap by covering repair and replacement costs for your vehicle. IndusInd General Insurance (formerly Reliance General Insurance) offers affordable and flexible policy terms for 1st party car insurance plans. You can customise these plans according to your needs and budget, protecting your car from accidents, natural disasters, theft, and many other unexpected situations.

Why US

Why 8 Crore+ Policyholders Trust Us?

IndusInd General Insurance (formerly Reliance General Insurance) brings decades of insurance expertise to protect your vehicle. Our affordable first-party car insurance policies start at only ₹308 per month*. Our large network of garages and customer-focused approach make sure fast claim settlements and great service when you need it.

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What is First-Party Car Insurance?

First-party car insurance covers damage to your own car. Here's how it works: you are the first party (the car owner), the insurance company is the second party and any outsider is the third party. This insurance pays for repairs when your car gets damaged in accidents, floods, theft, fire or vandalism. The law does not make it compulsory, but it gives you strong financial support to fix or replace your vehicle when something goes wrong.

Who Should Buy First-Party Car Insurance?

New and Learning Drivers

If you are still learning to drive or have limited driving experience, accidents can happen more easily. 1st-party insurance for car helps you handle repair bills without financial strain. It gives you protection while you improve your driving and become more confident on the roads.

People Who Drive Long Distances Often

Do you travel long distances regularly or use your car every day? More driving means more chances of breakdowns or accidents. 1st party car insurance covers these unexpected repair costs, so your car stays running, and your daily routine doesn't get disturbed by sudden expenses.

Those Living in Risky Areas

Some areas have heavy traffic, bad roads, or frequent natural disasters like floods. If you live or drive through such high-risk zones, your car faces more danger. First-party auto insurance protects your vehicle from damages that are common in your area and beyond your control.

Owners of New Cars

A new car is a big investment that needs full protection from day one. First-party car insurance keeps your car's value intact by covering repairs with original parts. It prevents your car from losing value due to unrepaired damage and protects your money for years to come.

Benefits of IndusInd First-Party Car Insurance

Complete Protection for Your Car

IndusInd first-party car insurance covers many types of damage. These include accidents, natural disasters like floods and earthquakes, riots and vandalism, theft, fire, and damage during transport. Your car stays financially protected in different situations that you cannot predict or prevent.

Add Extra Covers as Needed

You can add special covers to your basic plan. These include engine protection, zero depreciation, tyre cover, consumables cover, key replacement, and invoice price protection. Choose only what you need to create a policy that fits your specific worries while keeping the cost under control.

Get Discounts for Safe Driving

If you don't make any claims during the year, IndusInd General Insurance rewards you with discounts. These No Claim Bonus discounts can go up to 50% and increase each year you drive safely. This means lower first-party car insurance price at renewal time while your car stays fully covered.

Repair Without Paying Upfront

IndusInd General Insurance works with over 11,000 garages across India, where you can get cashless repairs. You don't need to pay from your pocket first. We will directly settle the bill with the garage. This saves you from waiting for reimbursement and reduces paperwork significantly.

Emergency Help Anytime, Anywhere

If your car breaks down on the road, IndusInd General Insurance provides immediate help 24/7. Services include fuel delivery if you run out, flat tyre changes, battery help, towing to a garage and quick on-the-spot fixes. You get support whenever you need it throughout your policy period.

What Does First-Party Car Insurance Cover?

What is Covered

Accident Damage: Your car’s repair costs after collisions, crashes, or road accidents are fully covered under the policy.

Natural Disasters: Damage from floods, earthquakes, cyclones, storms, lightning, and fire is covered to protect your vehicle completely.

Theft Loss: Complete car theft or parts stolen from your vehicle are covered, giving you financial compensation for losses.

Vandalism Damage: Intentional damage from riots, strikes, malicious acts, or vandalism by others is included in your policy coverage.

Transit Damage: Damage occurring while transporting your car by road, rail, or air is covered during the entire journey.

What is Not Covered

Normal Wear: Regular deterioration, rusting, mechanical breakdowns, and age-related depreciation are not covered by the insurance policy at all.

Drunk Driving: Any damage caused while driving under the influence of alcohol or any illegal substances is completely excluded from coverage.

Invalid Documents: Accidents happening when you’re driving without a valid license or proper registration documents are not covered under policy.

Third-Party Losses: Damage or injury caused to other people, their vehicles, or property is not covered in first-party insurance plans.

Disclaimer: For the complete list of Inclusions and Exclusions, please refer to the policy wording here.

Types of First-Party Insurance Plans

Standalone Own Damage (SAOD) insurance protects your vehicle against accidental damage, theft, fire incidents, and natural calamities such as floods and storms. It helps cover repair and replacement expenses arising from insured events. This policy can be purchased only if you already have a valid third-party insurance policy.

Need coverage for just a few days or months? This temporary plan covers your car for one day up to several months. It's perfect for short trips, seasonal use or when you're taking your car on a specific journey and want protection for that limited period only.

Get continuous protection for 2, 3, or 5 years without renewing every year. This plan saves you from annual car insurance renewal first-party tasks and often costs less overall. Your car stays covered throughout the entire period, and you avoid the risk of forgetting to renew on time.

This combined plan covers both third-party liabilities and your own car's damages in one policy. It's the most complete protection available, which gives you legal compliance plus full vehicle coverage. You can customise it with add-ons to make it stronger according to your needs.

Designed specifically for taxis and commercial cars, this plan protects your business vehicle from damage while covering third-party liabilities too. It ensures your vehicle stays operational so your business doesn't stop due to accident repairs or unexpected damage that affects your income.

First Party Insurance vs Third Party Insurance

Aspects	First Party Insurance	Third Party Insurance
Coverage Scope	Covers damage to your own car only	Covers damage you cause to others only
Legal Requirement	Not mandatory by law	Mandatory under Motor Vehicles Act
Premium Cost	Higher premiums due to complete coverage	Lower premiums with basic coverage
Customization Options	Can add extra covers as needed	Cannot be customized at all
Claim Benefits	You get money for your repairs	Third party gets compensated, not you
No Claim Bonus	Get discounts up to 50% yearly	No discount benefits available
Best Suited For	New cars and complete protection needs	Old cars and legal compliance only

Factors That Affect First Party Insurance Premium

Age of Your Car

Older cars usually have lower premiums because their market value decreases over time due to depreciation. Brand new cars cost more to insure because they have a higher market value and need full protection. The insurer calculates the insurer premium based on your car's current worth in the market.

Car Make and Model

Luxury cars and high-end models have expensive parts and costly repairs, so their insurance premiums are higher. Regular or budget cars with easily available spare parts cost less to insure. The car first-party insurance price reflects how much it would cost to repair or replace your specific car model.

Add-Ons You Choose

Each add-on you add increases your premium amount because it gives extra coverage beyond the basic plan. More add-ons mean more protection but also a higher cost. Choose just the add-ons you need to keep your premium low and get the coverage you need.

Insured Declared Value (IDV)

IDV is your car's current market value, which directly impacts your premium. Higher IDV means a higher premium because the insurance company will pay more if your car gets damaged or stolen. You can adjust the IDV within the allowed range to balance between coverage amount and premium cost.

Voluntary Deductible Amount

If you choose to pay a part of the repair costs yourself (deductible), your premium becomes lower. A higher deductible reduces premiums but increases what you pay during claims. Pick a deductible that you can easily pay during emergencies without making the premium too expensive for your budget.

Your No Claim Bonus

Every year without making a claim earns you a discount of up to 50% on your next premium. The discount grows with each claim-free year, saving you a lot. This bonus rewards your safe driving and proper car maintenance, which makes renewals much more affordable over time.

How to Buy IndusInd First-Party Car Insurance Online

Buy

Visit the IndusInd General Insurance website and click on the "Car Insurance" option on the homepage.

Enter your car's registration number, your mobile number, and your email.

Click the "View Prices" button to see all available first-party insurance plans for your car.

Select your preferred plan, choose the IDV amount, add the required covers, and click the "Buy Now" button.

Review the premium quote displayed, make an online payment, and receive your policy via email instantly.

Renew

Go to the IndusInd General Insurance website, select the "Renewal" section, and click "Renew Car Insurance."

Enter either your policy number or registered mobile number.

Your current policy details will appear on screen for you to review and modify.

Make changes if needed, add or remove covers, and check the updated premium amount.

Complete the payment process online, and your renewed policy will be sent to your email.

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Tips to Reduce First-Party Auto Insurance Premium

Choose Higher Voluntary Deductible

When you agree to pay a portion of repair costs yourself, the insurer reduces your premium amount. Select a deductible that fits your budget so you can afford it during emergencies. By making this simple choice, you can lower your yearly rate by a lot while still getting full coverage for significant damages.

Install Anti-Theft Devices

Adding security features like GPS trackers, steering locks, or alarms reduces the risk of theft. Insurance companies reward this safety measure with lower premiums because your car becomes harder to steal. These devices protect your vehicle while also helping you save money on insurance costs every year.

Buy Multi-Year Policies

Long-term plans for 2, 3, or 5 years are cheaper than renewing annually because insurers offer discounts for longer commitments. You pay less overall and avoid first-party car insurance price increases that happen each year. Plus, you don't have to renew it over and over, so you save time and never miss the date.

Select Only Necessary Add-Ons

Every add-on increases your premium, so choose only covers you actually need for your situation. Remove unnecessary extras that do not match your usage or car condition. Every add-on raises your premium, so just buy what you need.

No-Claim Bonus

Avoid making small claims that you can afford to pay yourself, and save your insurance for major damages. Each claim-free year earns you No Claim Bonus discounts up to 50%. These growing discounts dramatically reduce your renewal premium, making safe driving and careful car maintenance financially rewarding.

Buy Insurance Online

Purchasing your policy online gives you access to special discounts that aren't available offline. Insurance companies save operational costs for online sales and pass those savings to you. Compare different plans easily, complete the process quickly and enjoy discounts that can reduce your car first-party insurance price substantially.

How to File an IndusInd First Party Insurance Claim

Inform Us

1. Inform us within 24 hours by calling customer care at +91-22-4890-3008 or through the IndusInd Insurance app.

Network Garages

2. Take your damaged car to any of the 11,000+ authorised cashless garages in the network.

Submit Documents

3. Submit your policy documents, car registration certificate, and driving license at the garage counter.

Surveyor Inspection

4. Our surveyor will inspect the damage and approve the estimated repair cost for settlement.

Bill Settlement

5. The garage completes repairs, and we will directly settle the bill with them without your payment.

Notify Us

1. Notify us about the claim within 24 hours through phone at +91-22-4890-3008, website, or the IndusInd Insurance app.

Reimbursement

2. Get your car repaired at any garage of your choice and collect all repair bills.

Fill Claim Form

3. Fill the claim form completely, attach repair bills, policy copy, and car documents for submission.

Sumbit Proof

4. Submit an FIR copy if an accident or theft occurred, along with photos of the damage.

Surveyor Assessment

5. After verification and surveyor assessment, we will transfer the approved claim amount to your bank.

Disclaimer: For precise claim-related information, please refer to our policy documents or get in touch with our customer helpline.

Key Takeaways

First-party car insurance protects your own vehicle from damage, unlike third-party insurance, which only covers others. While not legally mandatory, it provides essential financial security for repair and replacement costs arising from accidents, theft, natural disasters and vandalism.

IndusInd General Insurance (formerly Reliance General Insurance) offers flexible first-party plans starting at ₹308 per month, including standalone own damage, short-term, long-term and comprehensive options. You can customise policies with add-ons like zero depreciation, engine protection, and roadside assistance while earning No-Claim Bonus discounts up to 50% for claim-free years.

The premium depends on your car's age, make, model, IDV, chosen add-ons, and deductible amount. Reduce costs by installing anti-theft devices, buying multi-year policies online, and selecting only necessary covers. Access 11,000+ cashless garages nationwide for convenient repairs with 24/7 customer support, which ensures smooth claim settlements whenever needed.

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IndusInd General Insurance

Aapke Protection ka All-rounder

IndusInd General Insurance is one of the leading general insurance companies in India. The Company offers a well-rounded and comprehensive bouquet of products including Motor Insurance, Health Insurance, and Travel Insurance, and offers customised solutions to meet the protection needs of each customer.

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4.8 ★ ★ ★ ★ ★ (2105)

Roshan Jha

Meerut

Seamless digital experience

Quick and easy! The policy details were clearly mentioned, making it simple to choose the right one.

Suman

Noida

Limited policy options

A fair and simple process. The Car insurance covers the basics well.

Aniket

Chirawa

Value for money

Quick policy issuance

The journey of purchasing Car insurance from Reliance (now IndusInd) felt effortless and user-friendly. It met my requirements well and felt tailored to my needs. No complementary product was necessary for me at this stage.

Lonka Gopal Reddy

Vizianagaram

Quick policy issuance

I recently purchased my Car insurance from Reliance (now IndusInd) and found the experience very smooth. I felt that my protection needs were well addressed with this policy. I did not feel the need for any other products at this time.

Buying a Car policy through the platform of Reliance Insurance Company (now IndusInd Insurance Company) was straightforward and quick. It aligns well with what I needed from an insurance policy. No complementary product was necessary for me at this stage. I'm happy with how everything went and feel secure with my policy.

A Lakshmana Murty

Visakhapatnam

Quick policy issuance

The journey of purchasing Car insurance from Reliance Insurance Company (now IndusInd Insurance Company) felt effortless and user-friendly. It met my requirements well and felt tailored to my needs. I am satisfied with the main policy and don't see a need for extras.

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Frequently Asked Questions (FAQs)

What is 1st, 2nd, and 3rd party insurance?

In car insurance, you (the car owner) are the first party, the insurance company is the second party, and any outsider is the third party. 1st-party insurance for car covers your car's damages. A third-party insurance policy covers damage you cause to others. The combination of these two offers comprehensive protection to all parties involved.

Which is better, first party or third party?

Both serve different purposes. Third-party insurance is legally mandatory and covers others, while first-party insurance protects your own car. The best choice is comprehensive insurance that includes both coverages. This meets all the requirements of the law and fully protects your car, making it the best choice for total safety.

Is first-party insurance mandatory?

No, 1st party car insurance is not mandatory by law. Only third-party insurance is legally required under the Motor Vehicles Act. However, first-party insurance is highly recommended because it protects your own car from damage, theft, and accidents, giving you complete financial security for your valuable vehicle.

Can I buy only first-party insurance?

Yes, you can buy standalone first-party insurance if you already have valid third-party coverage separately. However, most people prefer buying comprehensive insurance that combines both coverages in one policy. This is more convenient and often more affordable than maintaining two separate policies for your vehicle throughout the year.

What documents are required for first party insurance claim?

You need a filled claim form, policy copy, car registration certificate, driving license and damage photos. For accidents, provide an FIR copy. For reimbursement claims, submit all repair bills and payment receipts. Make sure you have these things ready so that your insurance claim goes through quickly and without any problems.