Does Car Insurance Cover Loss Of Income?

Car insurance policies in India typically do not cover loss of income. Car insurance primarily focuses on providing coverage for damages to the vehicle, liability for third-party injuries or property damage, and personal accident coverage for the occupants of the insured vehicle. Loss of income or any financial repercussions resulting from a car accident or incident are generally not included in standard car insurance policies. Car insurance is primarily designed to address physical damages and liability aspects rather than compensating for financial losses or income disruptions. It is advisable to review the specific terms and conditions of your car insurance policy or contact your insurance provider directly to understand the coverage exclusions and limitations related to loss of income in India.