PhonePe Blog

Buying a new car or bike requires active motor insurance before registration and public road use under IRDAI rules. Buyers often accept dealer policies due to common myths, but legally, vehicle sales and insurance are independent. You have full freedom to buy from any licensed insurer or digital platform. When selecting a policy, evaluate premiums, Insured Declared Value (IDV), add-ons, and cashless garage networks. Using platforms like PhonePe simplifies side-by-side comparisons, helping you choose the right coverage seamlessly.