What is Motor Insurance?: Course Fees 2025, Subjects, Top Colleges, Admissions

Updated on Apr 3, 2024 07:16 IST
Pragati Singh

Pragati SinghSenior Executive - Content

While there isn't a widely known "Motor Insurance Course" in India, different educational paths can help you learn what's needed in the motor insurance industry. The Insurance Institute of India (III) offers certificate and diploma programs (both online and offline) covering property and casualty insurance, which includes motor insurance. 

Some insurance companies provide certification courses. They teach motor insurance products and processes. Going for a Bachelor's or Master's degree in Insurance, Risk Management, or Business Administration that has focus on insurance or financial services can also provide some value. 

Remember that there is no one way to a career in motor insurance so researching different educational options and getting some experience is important. 

Motor Insurance Course Details: Highlights

There is no single path for Motor Insurance courses. Still, there are research options that focus on gaining relevant knowledge and experience. Take a quick look on the course highlights through the table mentioned below:

Particulars

Details

Course Levels

Diploma and Certificates

Eligibility

Class 10 or Class 12

Admission

Merit based 

Top Colleges

Symbiosis School for Online and Digital Learning and Insurance Institute of India (III)

Salary Range

INR 3 - 8 LPA

Top Recruiters

New India Assurance Company, Oriental Insurance Company, United India Insurance Company, The National Insurance Company, etc.

Job Positions

Motor Insurance Underwriter, Motor Insurance Surveyor, Motor Insurance Claims Adjuster, etc. 

Note- This information is sourced from the official website and may vary.

Motor Insurance Courses Relevant Information:

All About Banking, Finance and Insurance Sectors 

Motor Insurance Eligibility Criteria 

Eligibility criteria for Motor Insurance courses can differ based on the particular course that you choose. Certificate and diploma programs usually have a minimum qualification of passing the 10th or 12th standard exams.

Top Motor Insurance Entrance Exams

There is no requirement for entrance exams as such, but below mentioned are the exams related to this field:

Exam

Exam Dates

Exam Schedule

CSEET 

January 06, 2024

CSEET 2024 Schedule

CUET 

15 May '24 - 31 May '24

CUET 2024 Schedule

CFA 

Level I:

  • February 19-25, 2024
  • May 15-21, 2024
  • August 20-26, 2024
  • November 13-19, 2024

Level II:

  • May 22-26, 2024
  • August 27-31, 2024
  • November 20-24, 2024

Level III:

  • February 15-18, 2024
  • August 16-19, 2024

CFA 2024 Schedule 

Christ University Entrance Test (CUET)

Feb '24 (Tentative)

Christ University Entrance Test (CUET) 2024 Schedule

NMIMS NPAT 

02 Jan '24 - 25 May '24

NMIMS NPAT 2024 Schedule

Note- This info is taken from the official website and may vary

Motor Insurance Online Courses & Certifications

These courses are mainly available at certificate and diploma levels, either offline or online. Below are some of them are:

Courses

Duration

MBA in Banking, Financial Services and Insurance

24 Months

Certificate in Automobile Insurance: Policy Services

24 Months

Note- This info is taken from the official website body and may vary. 

Motor Insurance Syllabus 

Some subjects that are commonly covered in insurance-related program are mentioned in the table below:

Subject

Description

Introduction to Insurance

Basic concepts of insurance, risk management, and different types of insurance (Life, Non-Life, etc.). 

Role of insurance companies, intermediaries, and regulators.

Motor Insurance Principles

Fundamentals of motor insurance, types of motor insurance policies (Third-party, Comprehensive, etc.) 

Policy inclusions and exclusions, coverage scope, and limitations.

Motor Vehicle Insurance Regulations

Legal framework governing motor vehicle insurance in India (Motor Vehicles Act, IRDAI regulations). 

Mandatory insurance requirements, third-party liability coverage, and add-on covers.

Motor Insurance Underwriting

Risk assessment principles in motor insurance. 

Factors affecting premium pricing (vehicle type, driver profile, driving history, etc.). 

Underwriting process, risk classification, and policy issuance.

Motor Insurance Claims Management

Types of claims in motor insurance (accidents, theft, etc.). Claim settlement procedures, documentation requirements, and surveyor role. 

Third-party claims and repudiation of claims.

Motor Insurance Reinsurance

Concept of reinsurance and its role in motor insurance. 

Types of reinsurance arrangements and their benefits.

(Optional) Motor Insurance Customer Service

Principles of excellent customer service in motor insurance. Handling customer inquiries, complaints, and renewals.

Motor Insurance Courses Relevant Information:

HDFC Life PG Program in Life Insurance

Motor Insurance Careers, Scope, Job Profiles, Salary, and Recruiters

Below mentioned are just some of the common motor insurance job profiles:

Job Title

Description

Average Annual Salary (INR)

Motor Insurance Underwriter

Analyzes insurance applications, assesses risks associated with vehicles and drivers, determines appropriate premiums, and decides on policy issuance.

4-7 LPA 

Motor Insurance Surveyor

Visits accident sites, assesses vehicle damage, investigates claims, and prepares reports for claim settlement purposes.

4-8 LPA

Motor Insurance Claims Adjuster

Evaluate insurance claims, negotiate settlements with claimants, and authorize claim payments based on policy terms and conditions.

4-8 LPA

Motor Insurance Sales Representative

Sells motor insurance policies to individuals and businesses, explains policy coverage, and addresses customer queries.

3-6 LPA

Motor Insurance Customer Service Representative

Assists customers with policy inquiries, renewals, changes, and claims processing. Provides excellent customer service and resolves customer issues.

3-5 LPA 

Motor Insurance Top Recruiters

The Motor Insurance industry in India is dominated by a mix of Public Sector Undertakings (PSUs) and private insurance companies. Here is a table having some of the Top Recruiters for Motor Insurance jobs in India:

Company Type

Companies

Public Sector Undertakings (PSUs)

  • New India Assurance Company 
  • Oriental Insurance Company 
  • United India Insurance Company 
  • The National Insurance Company

Private Sector Insurance Companies

  • ICICI Lombard General Insurance 
  • HDFC Ergo General Insurance 
  • Bajaj Allianz General Insurance 
  • Acko General Insurance 
  • Digit Insurance 
  • Bharti AXA General Insurance 
  • Liberty General Insurance

Standalone Motor Insurance Companies

  • Acko General Insurance 
  • Digit Insurance 
  • Raheja QBE General Insurance 
  • Royal Sundaram Motor Insurance

Motor Insurance Courses Useful Information:

Insurance Planning Online Courses & Certifications

Table of contents
  • Popular Motor Insurance Colleges in India
  • Popular Private Motor Insurance Colleges in India
  • Popular Exams

Popular Motor Insurance Colleges in India

Following are the most popular Motor Insurance Colleges in India. Learn more about these Motor Insurance colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
6.75 L
6.8 LPA
75 K - 4.28 L
3.8
Ranked #3 Private University in India. Placement with Fortune 500 Companies
3 L - 9 L
7.78 LPA

Banking, Finance & Insurance Applications open. Apply Now

2 L - 10 L
7.25 LPA

Banking, Finance & Insurance Applications open. Apply Now

0 - 7 K
2 Courses
1.26 L - 14 L
3.6

Popular Private Motor Insurance Colleges in India

1 Course
4.5 L
4.25 L
3.8

Banking, Finance & Insurance Applications open. Apply Now

2 L - 10 L
4.1

Banking, Finance & Insurance Applications open. Apply Now

80.25 K
2.85 L
6 LPA
5.64 L - 8.72 L
4.0

Banking, Finance & Insurance Applications open. Apply Now

Popular Exams

Following are the top exams for Motor Insurance. Students interested in pursuing a career on Motor Insurance, generally take these important exams.You can also download the exam guide to get more insights.

12 Aug ' 25 - 12 Feb ' 26

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Dec '25

CFA Result 2025 November

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