Maruti Suzuki Car Insurance
Keep in mind that your Maruti Suzuki car will need insurance. Car Insurance will keep your vehicle safe in case of a mishap by providing a layer of protection. The insurance provider will compensate for damage to the car and ensure financial stability for you in times of crisis.
A car is an important asset to us all and a major expense. Hence, keeping it safe is of utmost importance. With insurance, your Maruti Suzuki car will be safeguarded against uncertainties such as road accidents, vandalism, natural and manmade calamities if you have an own damage cover. Moreover, it is compulsory for your Maruti Suzuki car to have at least a third party insurance to drive on Indian roads.
This type of cover will compensate for third party liabilities in case of a mishap including bodily injury, death and property damage. If caught without insurance for your Maruti Suzuki car you can be fined Rs. 2,000 and/or be fined for up to 3 months.
The car insurance premium of your Maruti Suzuki will depend on the Insured Declared Value (IDV) of the car. This is the maximum amount of compensation that you can receive from the insurance provider in case of a mishap. The IDV is calculated by deducting the Maruti Suzuki car’s depreciation rate according to its age from the manufacturer’s selling price. You can also purchase add-on covers with your Maruti Suzuki Car Insurance to further increase the strength of your policy.
Add-ons are elective and are available with comprehensive plans or standalone own damage covers allowing you to customize your policy to fit your needs. Here are some add-on covers that can be a useful addition to your Maruti Suzuki Car Insurance:
- Zero Depreciation Cover: A zero depreciation cover will help mitigate the depreciation rate of your Maruti Suzuki car during the time of claim settlement. This add-on is available for cars that are less than 5 years old and can be used a limited number of times within the year.
- Consumables Cover: This cover provides coverage for the consumable elements of your Maruti Suzuki car such as the grease, air conditioner gas, bearings, fuel filter, engine oil etc. These aspects are not covered by the insurance policy without this add-on.
- Roadside Assistance Cover: In case your Maruti Suzuki car breaks down with this cover you can enjoy services such as towing to the nearest workshop, on-site repairs and fuel delivery.
Car Insurance Renewal Process for Maruti Cars
Car insurance renewal process for Maruti Suzuki cars is a simple and hassle-free process, especially if it is done online. To continue to enjoy the benefits of car insurance, it is compulsory for all the car owners of Maruti cars to renew their car insurance plans on time without any break. Hence, it is highly recommended to get your car insurance policy renewed before its expiry date to ensure your car getting insured and secured.
Given below are the following steps for buy / renew Maruti Suzuki car insurance online at the InsuranceDekho platform:
Step 1: Visit the official website of the InsuranceDekho and click on the ‘Car’ tab.
Step 2: Enter the Registration Number of your Maruti car and click ‘Proceed’. Now, choose your Maruti car’s fuel type and variant to move ahead. If you do not know the registration number of your Maruti car, then you should click on the ‘Don’t know your car number?’ option and choose your car’s brand, model, variant, fuel type, registration year, registration city and RTO, to proceed.
Step 3: Enter the date of expiry of your last car insurance plan and the name of your previous car insurance company. Also, share if you have raised any claim during the previous policy year and click on ‘Continue’ to move further.
Step 4: Enter your personal details which include your name, mobile number and the time for which you want your car to be insured under a car insurance policy and click on the ‘Submit and Get Quotes’ button.
Step 5: All available car insurance policy premium quotes from different insurance companies will appear on your screen. Compare and choose the car insurance policy quote that best suits your budget and requirements. At this step, you can also select a few add-on covers of your choice.
Step 6: Click on the ‘Buy Now’ tab and confirm all the details entered by you before making the payment to renew your Maruti car insurance plan. You can make the payment for the car insurance plan by using your debit or credit card, digital wallets and net banking facilities. After the successful completion of the payment process, the car insurance plan will be instantly issued and its policy document will be sent to you at your registered Email ID.
Claim Cashless Car Insurance for Maruti Cars
If you have Maruti Suzuki car insurance policy, you can get a cashless car insurance claim for it only by getting it repaired at the network garage of the car insurance company. After an accident or a mishap, you should inform your insurance company about the incident immediately to initiate the cashless car insurance process.
With this procedure, you can get your Maruti car repaired at an authorised garage after a collision without paying for the repair work as under this process the insurance company tends to bear the repair expenses on the behalf of policyholders after the repair invoice is shared with the insurer.
The cashless car insurance claim is a convenient option for every car owner as it takes away their worry to make a sudden payment for car repair after an accident. The reimbursement claim process needs a duly filled reimbursement form along with several relevant documents, while the cashless car claim requires fewer formalities involved.
The cashless claim process is faster as the surveyor sent by the insurer gets involved immediately after the mishap which expedites the process as the repair work can not be started without the approval of the insurance company, which is given on the basis of the report of the surveyor. The insurance companies are tied up with the workshops after they fulfil their quality criteria, due to which you get the best possible repair service for your car.
Renew Expired Policy for Maruti Suzuki Cars
In a car insurance policy, one of the most crucial elements is its timely renewal. No matter how good your plan is, without renewal, it will not be able to insure your car against unforeseen damages and losses as well as from legal compliance. Generally, car insurance comes with a one year or more policy period, after which it should be renewed till its expiry date or before. However, in case your Maruti Suzuki car insurance policy has expired, fret not, you can still renew it within a grace period of around 90 days, which is provided for the different duration by different insurance companies.
Without active car insurance, you can miss out on several benefits like compensation for losses, No Claim Bonus, legal acceptance, and renewal without inspection. Therefore, even if the policy gets expired, it should be renewed within the grace period of around 90 days, which may vary from insurance company to insurance company. You can renew your expired policy online by entering your car details, choosing a car insurance plan, filling up details about your previous insurance policy, and paying for the final premium. However, you must avoid driving without a valid car insurance policy and should keep all your documents handy for smooth policy renewal.
Car insurance companies present you with an insurance policy which protects & safeguards you & your car against various damages & risks that may result in financial losses. A car insurance policy can also be considered as a contract that is signed between an insurance company & the car owner. As per this contract, the car insurance company provides you & your vehicle protection against various damages or financial losses which may arise due to accidents, 3rd party liabilities, natural disasters, man-made calamities, fire and thefts.
The best way to protect your car is to look for a comprehensive car insurance plan from the best car insurance company in India to avail maximum financial protection.
Be it fire, theft, man-made/natural calamities, road accidents and more, a comprehensive car cover plan will protect you from damages caused by you and the third-party as well. Additionally, it is mandatory under the Indian Motor Vehicles Act, 1988, to have a third party liability car insurance for every vehicle owner. Not having a third party liability car insurance is an offense as per rules.
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How to Select The Best Car Insurance Company in India?
If you are not comfortable with car insurance, no worries. We are here to simplify the car cover plan for you! As mentioned above, it is advisable to select the right car insurance plan from the best car insurance provider. To help you with the same, here is a list of 5 things to consider when looking for a car insurance company:
The quality of customer service can say a lot about the insurance company. Look for existing customers and their reviews or experiences.
Check if the insurer provides an online facility for claim settlement. The online mode can save a lot of time, effort and money.
Cashless Garage Option
Always look for cashless garages near your location. Check if your car insurance plan is covered in the list of network garages.
Claim Settlement Ratio
This is the percentage of the total number of claims settled to the number of claims received. Go for a company with a higher claim settlement ratio.
Look for rider options such as zero depreciation, roadside assistance key replacement, engine protection cover and more.