Third party insurance is compulsory for all vehicle-owners as per the Indian Motor Vehicles Act. It covers only the legal liability for the damage cause to a third party. But there are so many risk factors involved while

Comprehensive package policy covers loss or damage to the vehicle insured in addition to liability coverage. 'Form B' which is also known as Comprehensive Policy is an optional cover. It will include all kinds of risk factors that are associated with vehicle, driver, passengers, third-party vehicle, third-party driver, third-party vehicle passengers and third-party property. This insurance policy also covers to the vehicle with weather damages, floods, fire, theft, roadside assistance, zero depreciation, engine protection, and cover for electrical/non-electrical accessories, etc. by installing anti-theft devices and other security-enhancement gadgets, one decreases the insurance premium quoted by the insurance carrier.