Car Insurance
Buy/Renew Car Insurance Policy Online
4300+ Garages across the country for a seamless experience.
QCS facility to settle claims amount up to 50, 000 within hours.
Our team in available for assisting you even on holidays.
Claim Settlement ration provides hassle free claims experience.
Customize and enhance your car insurance plan via multiple add-ons.
Using your smartphone, add proof of damage for easy claim processing.
Reliable support available in case of flat tyre, battery jumpstart, fuel, towing etc.
Happily serving our customers for more than 23 years with reliable insurance solutions.
Our policies can be brought from more than 20,000 agents and branches throughout the country.
The coverage of your policy depends on the type of car insurance policy you choose. With IFFCO-Tokio comprehensive car insurance plan, you get covered against-
Covers repair or replacement costs for your car in case of an accident.
Coverage against losses incurred when your car is stolen.
Damages and losses due to acts of nature such as floods, cyclones, etc.
Damages and losses caused due to an accidental fire.
Get compensation up to Rs. 15 lakh in case accident leads to death or disability of the owner.
Pays for property damages and injuries caused by your car.
Choose from a range of add-on covers to increase the protection of your plan.
This is also known as bumper-to-bumper car insurance cover. With this add-on coverage, you can receive the complete compensation of your car without considering its depreciated value of parts at the time of a claim.
With this add-on, you can simply call us and we would send mechanical assistance to you. Few coverages include assistance in battery jumpstart, towing facility, flat tyre replacement etc.
With this add-on, you can secure the Engine and Gear Box of your car against Water Ingression or Leakage of Lubricant oil.
Pays for consumable parts like nut and bolt, grease etc, which aren’t covered in a standard car insurance policy.
In the event of an accident, theft, or attempted theft, get covered for expenses occurring due to the repair or replacement of car keys.
Pays for the repair or replacement of tyre unfit for use due tyre bursts, bulges, puncture, cuts, accidental damage or even due to continuous use in deflated condition.
Substance use: If you get into an accident because of alcoholism or drugs, such events will not be covered under your car insurance plan. Driving outside India: If you are driving outside the Indian region and any mishap occurs, that loss or damage will not be covered. Illegal Driving: Driving without a valid Driving License or indulging in speed racing, crash testing, etc., is not covered. Wear and tear: Normal wear and tear that occurs with time is not covered. War: Any damage caused to your car due to war, nuclear risk, or civil war-like situations will not be covered under your car insurance plan.Few reasons for choosing IFFCO Tokio as your car insurance partner-
Quick quotes
Simple process
Instant policy issuance
Secure Payments
Customizable plans
24/7 online support
Cashless garages
Our customers have rated us
Based on 2305 reviews
Valuable and very prompt roadside assistance service.
No long wait times-queries resolved instantly.
No need to visit the branch as everything is online.
App notifications, SMS and email alerts keep me updated on policy status.
Offers No Claim Bonus (NCB), helping save money on renewal.
Comprehensive policy with add-ons like zero depreciation.
Get cashless claim settlement at one of our network garages. The cashless claim process involves three simple steps :
Intimate - Intimate your claim by any of the method suggested above.
Survey - Upload documents & photographs of the damage caused to your car.
Claim Settlement - Claim settlement directly with you or network garage.
Intimate
Survey & Verify
Settle
Get Cashless repairs at 4300+ garages across India
It is the amount you have to pay annually to enjoy car insurance coverage.
Coverage refers to the financial protection of your plan. The coverage of a car insurance policy will vary based on the type of plan you purchase.
Each year the value of your car decreases by a certain fixed percentage. This decrease in value is called depreciation.
IDV stands for 'Insurer Declared Value'. It is the listing price of your vehicle minus depreciation. It is the maximum compensation your insurance provider will offer in case of total loss of your vehicle due to accident, theft etc.
NCB is like a reward for not making a claim. It is a discount on premium offered to you when you renew your plan after a claim-free year. This discount will keep increasing for every claim-free year and can goes up to 50% .
A third party is a person or a vehicle owner who has been affected by your insured car (other than you or your passengers) is considered a third party in a car insurance claim.
Any type of damage to insured car of policyholder is known as 'Own Damage'. It can be due to multiple factors like accidents, theft, natural calamities, fire, etc.
One need to notify the car insurance company if the insured car suffers any damage due to theft, accident etc. This notification and subsequent settlement is called 'claim settlement'.
Cost of the damage repairing of your insured car is directly paid to the garage by the insurer is called a 'cashless claim', as the policyholder does not have to handle this expense from their own pocket.
This is a fixed amount you need to pay during claim. Values for fixed deductibles is set by the IRDAI (Insurance Regulatory and Development Authority of India) depending on the car engine cubic capacity. Fixed deductible charges are commonly known as file charges or compulsory charges.
A voluntary deductible is the share of the claim that is paid by the car insurance policy holder voluntarily from their pocket. If the voluntary deductible is higher, then the car insurance premium will be lower.
Add-ons are extra layers of financial protection that you can purchase to widen the coverage of your car insurance policy.
Zero Depreciation Cover is an add-on coverage. With zero depreciation coverage, insured does not have to pay the depreciation amount of damaged parts in case of a claim.
The parts of the car such as the Engine oil, Gearbox oil, Nut & bolts, Grease, Fuel filter, Oil Filters, Lubricants, Power steering oil, AC gas, radiator coolant and more, are called consumables.
With a car insurance plan, you can safeguard yourself financially against unexpected events. However, the extent of coverage is usually dependent on the type of insurance policy you choose for your car. The following are some of the benefits of choosing the right car insurance plan:
Coverage for Third-Party Liabilities
Your car insurance policy will protect you from liabilities that may cause damage, injury, or damage to the property of a third party.
Legally Mandatory
It is a legal obligation to have a valid car insurance policy to drive your car in India.
Choice of Add-ons
You have the option to boost the coverage of your car insurance plan with up to 10 add-ons to choose from.
Financial Protection
You get coverage for your four-wheeler against expenses that may occur due to accidents, thefts, fire, or natural or manmade calamities.
Avoid Hefty Fines
With a car insurance plan in place, you can avoid paying hefty fines and drive your car without any worries.
Peace of Mind
By securing your car both legally and financially, you can enjoy driving your four-wheeler hassle-free.
Key Features |
Benefits of IFFCO-Tokio |
Car Insurance Premium |
Starts at ₹2094 |
Saving |
Up to 70% savings with online purchase |
No Claim Bonus (NCB) Benefits |
Up to 50% discount |
Cashless Repairs |
4300+ cashless garages |
Claim Ratio |
High settlement ratio |
Easy Claims |
Submit claims via QCS app |
Add-ons |
Enhanced protection with up to add-ons |
Own Damage Cover |
Available |
Third-party Damage cover |
Available |
Personal Accident Cover |
Up to ₹15 lakhs |
Quick Renewal |
Immediate and easy renewal process |
A comprehensive car insurance plan offers coverage for personal damage and damage to a third-party vehicle or property. It is a one-stop solution, providing complete protection for your car.
Accident coverage
Fire coverage
Natural Calamities coverage
Up to 50% no claim bonus
Personal Accident Cover
Theft coverage
Third party liability cover
Complete coverage (own damage plus third-party liability)
Choice of add-ons
Customization of car value (IDV)
Quick claim settlement
Cashless claims
More Details about Comprehensive Car Insurance Policy
This policy covers damages caused by your car to a third-party person or their property. Third-party car insurance is mandatory by law.
Personal Accident cover
Coverage for third-party injury
Coverage for third-party property damage
Mandatory by law
Only third-party liabilities covered
No coverage for own damage
No hefty fines levied if valid policy in place
More Details about Third-Party Car Insurance
While both car insurance plans offer financial protection for your car, the extent of coverage makes all the difference.
This is a bundle policy that covers your vehicle as well as damage or loss caused to third-party property or individual. You get covered for own damage and third-party liabilities under one umbrella.
A straightforward insurance policy that covers third-party liabilities only. This is a mandatory insurance plan that you must purchase to legally drive your car in India. However, any damage caused to your own vehicle will not be covered.
Here’s a summary of the key differences-
80% CUSTOMERS CHOOSE THIS |
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| Coverage under Car Insurance | Comprehensive Car Insurance | Third Party Car Insurance |
|---|---|---|
| Accident Cover |  |
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| Theft Cover | |
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| Natural Calamities Cover | |
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| No Claim Bonus upto 50% | |
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| Choice of add-ons | |
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| Customization of car value | |
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| Cashless Claims | |
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| Quick Claim Settlement | |
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| Personal accident cover | |
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| Damage to third party property | |
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| Injury to a third party person | |
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| No hefty fines levied if valid policy in place | |
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To make a wise decision, consider the following factors before purchasing a car insurance policy:
Car’s IDV – Insured Declared Value (IDV) is the current market value of your car. The higher the IDV, the higher the premium you pay for car insurance.
Make and Model: High-end and luxury cars tend to have a higher insurance premium as compared to normal cars.
Fuel Type: Petrol cars have a lower car insurance premium in comparison to diesel and electric cars.
Age and health of the car: New cars or recently launched models may have higher repair costs, which results in a higher premium on car insurance.
Policy type: The coverage of your car insurance plan majorly determines the premium payable. Although third-party car insurance is mandatory by law, it offers limited coverage, so the premium is lower. On the other hand, a comprehensive insurance plan for your car has wider coverage, and hence, the premium is also higher.
Add-ons: You can boost the coverage of your standard car insurance plan with add-ons, but you need to pay a higher premium for the enhanced car insurance plan.
Usage type: Choose the policy based on your car usage. If you drive your car regularly, then you must consider a car insurance plan that offers wider coverage.
Location: Driving in urban areas with dense traffic results in a higher premium for car insurance.
Network Garages: Opt for an insurer that has a good network of cashless garages.
Claim Settlement Ratio: A higher claim settlement ratio means that your insurer settles the claims faster.
Reputation: Verify the goodwill of your insurance partner based on customer reviews and the swiftness of the claim settlement procedure.
You can easily buy car insurance online with just a few clicks and taps. Here are a few benefits of doing so!
When you purchase or renew a car insurance plan from the IFFCO Tokio website, you can enjoy discounted premium rates instead of paying commissions to third-party dealers.
With less documentation and no waiting in line, purchasing a car insurance policy online saves you time.
Purchasing a four-wheeler online saves your effort, as you just have to fill out the vehicle details, select the plan, and make the payment.
When you buy car insurance online, there are no timing restrictions. You can purchase a plan at any hour of the day or night!
You have the freedom to customize your car insurance policy by choosing the add-ons you want, increasing or decreasing your IDV, etc.
Get your car insurance policy documents emailed to you instantly once you have successfully made the payment online.
The process of buying a policy online is very secure and follows online security protocols to avoid the risk of fraud.
Our car insurance experts are always happy and eager to answer all your four-wheeler insurance-related queries.
When you buy or renew the policy online, you don’t have to indulge in any kind of paperwork.
You can buy or renew your car insurance policy anytime and from anywhere without worrying about business hours.
You can buy car insurance plan online with ease in following three steps!
Make sure to timely renew your car insurance policy to legally drive your four-wheeler in India. This can be done via two methods-
Premium of Car Insurance consists of two main parameters. These are -
This car insurance policy fulfils the legal requirement in India. Any loss or damage caused by your four-wheeler to third-party person or property is covered under this plan.
This is an optional cover that covers your four-wheeler against accident, fire, theft, or other perils, helping you cover financial burden.
The standalone Own Damage (OD) car insurance premium depends on factors like the car's make, model, location, age, and more. But at IFFCO-Tokio, our car insurance calculator makes it easy. Just enter your registration number, and it gives you the exact OD premium for your car without all the extra hassle.
Simple steps to calculate own damage (OD) car insurance premium are –
Wondering how you can save on the premium of your car insurance? Have a look at the following tips:
Download Forms
Car insurance coverage are primarily categorized in two kinds -
Mandatory Coverage
Optional Coverage
Mandatory Coverage -
As the name implies these are mandatory to include if you are buying a car insurance in India. These coverage includes third-party insurance and personal injury protection coverage for car owners
Optional Coverage –
You can add more protection via option for optional coverage like Own Damage cover. This cover provide financial losses against the damages to your vehicle, something which is not provided by third-party insurance.
This is something that every buyer will want to know considering having a third party car insurance policy is mandatory in order to be driving on the road. The best plan for you would be one that fulfills all your needs. For this, you should always focus on the features that a car insurance policy offers, such as
There are certain exclusions when it comes to private vehicle insurance policies. Our car insurance policies do not cover any mechanical or electrical breakdown, normal wear, and tear, failure, or depreciation. Also, the car insurance policy will only cover 50% of the repair costs for damages that occurred to the tires or tubes of the vehicle. If a vehicle is damaged due to the driver being under the influence of alcohol or any other drug, the insurance policy will not provide coverage for the damages. Please note that the policyholder’s claim will not be approved if they did not have a valid license while driving the vehicle at the time of the accident, or even if they were using it for racing, motor trade, hire or reward.
You can call on 1-800-103-5499, which is IFFCO Tokio’s toll-free number. You will get connected with one of our customer care executives who will help you out with a duplicate document of the auto insurance policy.
You should also know that if you have lost your physical copy of your policy document, you still have one copy of it which was emailed to you when you bought it, so you can always take a printout.
Give a call on IFFCO Tokio’s toll-free number – 1-800-103-5499. One of our customer service executives will assist you in getting an endorsement. Once you have made your endorsement request, IFFCO Tokio will clear the discrepancies and issue you a corrected car insurance or motorcycle insurance policy document.
Disclaimer- *Third party premium for Cars with engines below 1000CC. Per day premium is for indication only. Premium is payable on an annual basis.
