Mumbai, the city of dreams, breathtaking skyscrapers, serene surroundings, and picturesque view of the ports and beaches, Mumbai is a must-visit destination. Hundreds of tourists visit the city every year. Besides the popular tourist attractions like Gateway of India, Red Carpet Wax Museum, Juhu Beach, and Marine Drive, the city is also known for its authentic dish, Vada Pav which is the favorite of everyone in the city.
Mumbai faces a load of traffic jams. In fact, in 2024, the broader Mumbai Metropolitan Region saw 4,935 accidents with 1,108 fatalities. With so many cars on the public roads of Mumbai, having motor insurance is absolutely necessary. Let us see different aspects of car insurance in Mumbai.
Here are a few key statistical data of traffic in Mumbai, that will blow your mind away:
Vehicle Density: Mumbai has around 2,300 vehicles per kilometre of road, double the figure from a decade ago.
Registered Vehicles: Mumbai city now has over 48 lakh vehicles, with around 14 lakhs private four-wheelers.
Road Accidents: In 2024, Mumbai recorded 2,319 road accidents leading to 299 fatalities.
Regional Figures: The Mumbai Metropolitan Region saw 4,935 accidents and 1,108 deaths in the same year.
Challans Issued: 65 lakh traffic challans were issued between Jan 2024 and Feb 2025, worth ₹526 crore in Mumbai.
Driver Violations: Over 48,000 auto and taxi drivers were fined in a two-week crackdown in 2025 in Mumbai.
Choosing the right car insurance policy in Mumbai is essential to protect yourself, your vehicle, and others on the road. Here’s a quick overview of the main types of car insurance available.
Third-party car insurance is an insurance policy that covers damage done to a vehicle/property/individual in an accident by the policyholder. This type of insurance is mandatory and legally required to drive on public roads of India.
Comprehensive car insurance is a thorough insurance that covers both third-party and own damages. It is a fully inclusive option for Indian car owners. It has a wide range of risks covered like Personal Accident cover, own damage cover, third-party liabilities, and as per add-ons. You can customize your comprehensive insurance plan with add-ons to further safeguard your car.
Own damage car insurance is a type of insurance that only covers damage done to your own car during an accident. This type of coverage plan is only available if you have third-party insurance or when bundled with third-party insurance. It is a cost saving method of buying insurance.
Mumbai is one of the most important and populous cities in India. High traffic, congested areas, and high repair costs make owning a four-wheeler in the city a huge financial responsibility. To make sure you have peace of mind in Mumbai, you need to have car insurance, because of:
Mumbai is India’s most congested city. With bumper-to-bumper traffic on the Western and Eastern Express Highways, the risk of minor collisions and bumper damage is much higher.
Mumbai’s heavy monsoons often lead to waterlogging in areas like Sion, Kurla, and Andheri. Flood damage to cars, especially engines and electricals, is a big reason comprehensive car insurance is essential.
Parking spaces are scarce, and cars are often parked on crowded streets in Mumbai, increasing the chances of accidental scrapes, dents, or even theft.
Being a metro city, Mumbai has a higher risk of car theft compared to smaller cities. Comprehensive car insurance protects against such financial losses.
With a high number of luxury cars and authorised service centres, repairs in Mumbai are costlier. Insurance helps manage these unexpected expenses.
Cars in Mumbai, especially near coastal areas like Marine Drive or Versova, are more prone to rust and corrosion. Car insurance with add-ons can help cover long-term maintenance issues.
Despite good infrastructure, Mumbai records thousands of road accidents every year due to congestion, over-speeding on Sea Link, or narrow by-lanes. Car insurance ensures financial safety in such situations.
There are several cashless garages in Mumbai authorized by various Car Insurance Companies. Some of them are mentioned below:
| Name | Address | City | State |
|---|---|---|---|
| Automotive Manufacturers Ltd. | Automotive House, 108 Bazar Ward, Magan Nathuram Road Kurla Mumbai Maharashtra Pin - 400070 | ||
| Carkraft Automobiles Pvt. Ltd. | Shop No. 7 & 8, Near Esic Kamg Hospital, Mumbai Maharashtra Pin - 400080 | ||
| Kiran Motors Limited | B-62/S.No 41A, Ground Floor, Shreyas Industrial Estate, Behind Mongini'S Cake Factoryoff New Link Roadandheri West-400053 Andheri Maharashtra Pin - 400069 | ||
| Kts Automotors Private Limited | Gala No. A/2, L.B.S. Marg, Mumbai Maharashtra Pin - 400078 |
In an insurance policy, certain things are covered whereas certain things are not. Depending on the type of insurance, following are the inclusions and exclusions of a car insurance policy in Mumbai:
In a car insurance policy in Mumbai, following things will be covered:
Covers damage and loss to your car caused by accidents or collisions.
Provides financial protection if your car is stolen in Mumbai.
Covers losses or damage arising from accidental fire.
Protects against damage caused by natural calamities like floods, cyclones, or earthquakes, especially important in Mumbai’s monsoon season.
Offers up to ₹15 lakhs compensation in case of death or disability of the car owner/driver due to an accident.
Provides coverage for third-party property damage, injuries, or fatalities caused by your car.
In a car insurance policy, following things will not be covered:
Damage/loss caused due to war or similar conditions
Damage occurred while driving under the influence of alcohol.
Damage that arise when driving without a valid driver’s license.
Damage occurred when the insurance policy is not active
Regular wear & tear
Regular servicing expense
In order to buy car insurance online in Mumbai follow these steps:
Head over to Coverfox website, then to Insurance > Car Insurance tab
Write down your registration number of the car or
Click on “Bought a new vehicle?”
Select Manufacturer, then Car Model
Choose your powertrain and variant
Select the RTO in Mumbai where your car is registered.
Click on Get Quotes
Compare prices and Select appropriate Add-ons
Make an online payment through secure gateway
Your policy will be emailed to you after verification
Follow these traffic rules in Mumbai to avoid complications with insurance:
Follow all traffic rules and regulations on the road to avoid fines as per the Mumbai RTO.
Carry all necessary documents with you (Insurance, Licence, RC, PUC)
Do not Drink and Drive or drive under influence.
Do not give the car to someone who is illegal to drive in Mumbai.
Do not carry expired car insurance, renew it at the earliest.
Don’t do rash driving
Ans: The insurance cost for four-wheelers in Mumbai depends on many factors like the car's age, model, make, type of insurance, add-ons, NCBs, etc. Get the best quotes from Coverfox for car insurance premiums.
Ans: You can buy the best car insurance policy by comparing all the insurers at Coverfox and select the one that fits your needs the best.
Ans: Yes you can renew your car insurance in Mumbai under 3 minutes through Coverfox
Ans: Check insurer premium rate vs their coverage, add-ons, NCBs, network garages, claim process, customer reviews, etc before buying a car insurance policy in Mumbai.
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