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Ford Figo Insurance
Buy car insurance online/renew non IFFCO Tokio car insurance policy
Buy car insurance online/renew non IFFCO Tokio car insurance policy
Figo has been one of the more popular Ford cars in India. It ensures a smooth driving experience, both in the city and on the highways. Figo is equipped with a powerful engine and can accommodate 5 people comfortably in its spacious cabin.
If you have recently purchased a new Ford Figo, we are sure you are eager to drive it. But you must remember to get your car insured before you get behind the wheel and take it for a spin. This is because car insurance is a legal requirement in our country that you must meet. But you don’t need to worry. IFFCO-Tokio General Insurance Co. Ltd. has you covered.
We have 3 different levels of cover for your Ford Figo. You can select the basic third-party insurance or go for a comprehensive plan or even better, you could get zero depreciation Ford Figo car insurance! We also have a range of add-on options for you to customize your plan further. Because we want to ensure that you have an insurance plan that suits your purpose while being easy on the pocket.
There is no doubt about the fact that you don’t compromise on safety when you drive. But unfortunately, that can’t guarantee that accidents won’t happen. Fortunately, you have nothing to worry about with Ford Figo car insurance from IFFCO-Tokio!
In case of a road mishap, our plans will cover the repair costs! This will ensure you can get back on the road without your finances taking a hit. Our plans also provide coverage against third party liability. This means that we will compensate for damages & injuries caused to others in the accident.
Besides accidents, there are numerous other unfortunate events that can cause damages to your vehicle! These include several man-made and natural calamities such as theft, vandalism, flooding, earthquakes, etc. But with Ford Figo car insurance from IFFCO-Tokio, you are covered against these events as well!
You can do this in three ways. The first is to visit any branch of IFFCO-Tokio General Insurance Co. Ltd. and meet the customer service team there. They will guide you through the entire procedure. The second way is to visit one of our authorized insurance agents. We have over 20,000 branches and agents in India, therefore finding a branch or agent near you shouldn’t be a problem! You can also buy Ford Figo insurance online by following these simple steps:
Once there, please provide us with your name and mobile number to proceed. Next, you would need to furnish some details of your car. That will enable us to put together insurance quotations for your car.
We will provide you with a choice of three plans – third party cover, comprehensive insurance & zero-depreciation cover. Make your choice and customize your plan.
After you’ve finalized on the coverage of the plan, just proceed to pay the premium. Once the payment goes through, we will send you an email with the policy documents and the coverage of your Ford Figo car insurance will begin!
There are several benefits of buying Ford Figo car insurance online, some of these amazing benefits include:
Complete three basic steps, and the Ford Figo car insurance policy is yours.
When you buy online, you are free from the constraints of time and location.
You don’t need to worry about physical paperwork or the safekeeping of the policy documents. They will be secure in your mailbox.
Car Insurance provides coverage against:
Damages and losses that may arise out of collisions & accidents.
Coverage against losses incurred when your car is stolen.
Damages and losses caused to due to an accidental fire.
Damages and losses due to acts of nature such as floods, cyclones, etc.
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.
Here are some recommended add-ons that can widen the coverage of your Ford Figo car insurance policy.
Your car can depreciate by up to 40% in 4 years. Therefore, after 4 years, you will only get 60% of the car’s value or total repair costs in case of a claim. To avoid this, you can opt for the zero depreciation add-on with your Ford Figo insurance policy. This will safeguard your car from depreciation and ensure you get complete compensation in case of a claim.
The Ford Figo is an extremely reliable car. However, even the best cars in the world can experience a mechanical breakdown. This is why it makes sense to include the Roadside Assistance add-on with your Ford Figo insurance. It will ensure that, if you are ever stranded due to mechanical failure, you can get help with just a single call.
This is another important add-on you can opt for with your Ford Figo car insurance policy. This add-on protects the important parts of your engine such as the crankshaft, piston, pins, cylinder, gearbox, and so on from damage. This add-on is especially useful if you live in a low-lying area where flooding could damage your car’s engine.
If you drive safely and do not make a claim against your policy, you are entitled to a discount when you renew your plan. This discount is known as No Claim Bonus or NCB. If you continue driving safely and maintain your claim-free record, you could enjoy an NCB discount of up to 50%. However, make a single claim and your NCB discount is lost. If you wish to retain your NCB despite making a claim, you can opt for the No Claim Bonus protector add-in with your Ford Figo car insurance policy. This will ensure the NCB you’ve accumulated for years, is not lost when you make a claim.
With the return to invoice add-on, in case of total loss or theft of your vehicle, the insurance provider will pay the on-road price of your car as compensation. Whereas, with a normal plan, you would only get the IDV (on-road price minus depreciation) of your car and this decreases every year!
These are some of the standard exclusions of car insurance in India.
In the case of a Third-Party or Liability Only Car Policy, damages to own vehicle won’t be covered.
You were driving drunk or without a valid driving licence.
You hold a learner’s licence and were driving without a valid driving licence-holder in the front passenger seat.
Any damage which is not a direct result of the accident (e.g. after an accident, if the damaged car is driven incorrectly and the engine gets damaged, it will not be covered)
Any contributory negligence(e.g. damage due to driving a car in a flood, which is not recommended as per the manufacturer’s driving manual, will not be covered)
Some situations are covered in add-ons. If you haven’t bought those add-ons, the corresponding situations will not be covered.
If you want basic and affordable coverage for your Ford Figo, you can opt for third party insurance. These plans do 3 things for you. Firstly, they serve the basic legal requirement to drive your car on Indian roads. Secondly, they ensure you do not have to pay for third party damages and injuries in an accident you are involved in. And lastly, they will provide a payout of up to 15 lakhs in case an accident leads to your total permanent disability or death.
However, third party insurance does not cover damages or total loss of your own vehicle. So while these plans might be extremely affordable, they do not offer any protection for your Ford Figo.
If you want to give your car complete protection, on and off the road, you should purchase this type of Ford Figo car insurance. This is because, comprehensive plans are made of two components, third party cover and own damage cover. This means that they provide everything that third party insurance does.
But, along with this, comprehensive plans also protect your car. These plans offer coverage against damages and total loss of your vehicle due to accidents, acts of nature, theft, and other manmade calamities. Comprehensive car insurance also allows you to choose from different add-ons that widen the coverage of your plan and provide you with increase protection from perils of the road.
You should know these important car insurance terms before you buy a Ford Figo car insurance policy.
Premium is the cost of your Ford Figo car insurance policy. It is the amount you have to pay to enjoy car insurance coverage. It is usually payable annually, except for the case of long-term plans, where it is usually paid once every 3 years.
The financial protection provided by your insurance policy is known as coverage. The coverage of a car insurance policy will vary based on the insurance provider and the type of plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Ford Figo car insurance policy.
IDV stands for Insurer Declared Value. It is the listing price of your vehicle minus depreciation. In case of a total loss of your vehicle or theft, IDV is the maximum compensation your insurance provider will offer.
No claim bonus, or NCB, is like a reward for not making a claim. It is a discount you enjoy when you renew your plan after a claim-free year. This discount will keep increasing for every claim-free year. You can avail a maximum discount of 50% year after year for not making any claims against your policy.
Simple, just use the car insurance premium calculator. This online tool allows you to check the premium of your Ford Figo car insurance policy using some very basic information. To calculate the premium, you must provide the following details:
Until recently, innovation and insurance were rarely used in the same sentence. However, we have made it our mission to change this. At IFFCO-Tokio, we are bringing in technology to provide you with car insurance that’s quicker and more convenient.
One of the ways we’re doing this is through our QCS app, which puts a host of our services at your fingertips! You can submit claims using your nothing but your phone and get up to Rs. 50,000 in compensation in just 4 hours.
With close to 20 years of experience in the insurance industry, we have settled more than 8 lakhs claims (in FY19) with a settlement ratio of 92.65%. This is just one of the reasons why 1,00,000+ individuals entrust us with their car insurance needs.
We provide cashless services in more than 4300 garages, which are evenly spread across the country.
We offer a QCS facility under which motor insurance claims get settled seamlessly within minutes.
For 19 years, we have been servicing our customers with a wide range of insurance policies.
We settled a total of 8.61 lakh claims in FY2019 and have a claim settlement ratio of 92.65%
IFFCO-Tokio won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles.
Our policies can be brought from more than 20,000 agents and branches having a wide presence throughout the country.
Through QCS: If you wish to make a claim for compensation, you can do so using our QCS (Quick Claim Settlement) App. All you have to do is upload the photos, documents, videos, etc., of the damages you want to make a claim for. We will review the documents you upload and approve your claim (we have a claim settlement ratio of 92%). After this, the estimated amount for repairs will be sent to your bank account in just 30 minutes. Note that for claims made through the app the maximum claim amount will be Rs. 50,000.
Online and telephonic claims: You can register a claim for compensation online or by reaching us on 1800-103-5499 or 0124- 4285499.
To make a claim online, you will have to log in with your registered Email ID and Password. When you log in, just find the ‘make a claim’ option and follow the steps mentioned. If you register a claim over a call, our customer care executives will guide you with the further procedure.
I bought zero depreciation car insurance from IFFCO-Tokio and I am truly relieved to see that I get the entire claim amount.
Rated by: Pradeep Aggarwal
This is the first time I have renewed the car insurance via the website. Great experience. Thank you.
Rated by: Anurag Yadav
Best experience with IFFCO Tokio company. Thanks for the fast online support. Keep it up !!
Rated by: Hemant Sharma
The IFFCO Tokio motor insurance policy renewal process was easy. It completed in a few clicks and that was it.
Rated by: Suparna Punati
Thanks to the entire team at IFFCO Tokio that helped me to purchase car insurance online for the first time ever!
Rated by: Prem Shinde