Auto Insurance
You have to be insured against 'Act' risks (M.V.Act). The insurance is compulsory and one should carry a certificate of insurance covering the vehicle, while using the motor vehicle. But this policy does not cover loss or damage to your own vehicle. If you are interested to cover your vehicle against loss or damage, Comprehensive policy may be opted. However, if you will be leaving the car in the garage for long periods (say while going abroad etc.) the car can be covered against "Act" risks + Fire and/or Burglary risks instead of a Comprehensive policy, thus saving the premiums.