The Motor Vehicles Act 2019, requires every vehicle on the road, to own a valid third-party insurance cover. This cover pays for injuries, loss of life and damage to goods of a third person, caused during the accident. A motor insurance will help you with financial protection to the car and cover the damages incurred to driver, passengers or passer-by’s, during the course of the accident. It also pays for damages caused across accidents, wreckage, burglary, man-made/ natural disasters, fire, and third-party liability.