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Honda WR-V Car Insurance
Buy car insurance online/renew non IFFCO Tokio car insurance policy
Buy car insurance online/renew non IFFCO Tokio car insurance policy
If you want to buy a budget SUV, there is perhaps no better option in the market than the Honda WR-V. With a chirpy 1500 cc diesel engine that is fuel-efficient but powerful, this SUV takes the rough with the smooth at equal ease. The Honda WR-V comes loaded in the style department too with a front chrome grille and is a real head-turner on the road.
The Honda WR-V is a genuinely winning purchase. But before you go out for a spin, it is essential that you buy insurance for your vehicle so that you stay protected against any mishaps. In this regard, IFFCO-Tokio General Insurance Co. Ltd. offers you its well-designed insurance plans for complete coverage.
Priced competitively, these plans offer exceptional benefits. You could choose a basic third-party Honda WR-V insurance policy or go for a comprehensive cover as per your needs. IFFCO-Tokio General Insurance Co. Ltd. is here to help you drive with peace of mind.
The road can be a pretty unpredictable place even for the best of drivers out there. That is why it is better to be safe than sorry. A Honda WR-V insurance policy from IFFCO-Tokio General Insurance Co. Ltd. allows you to drive without any worry.
What does your insurance cover bring you?
If you opt for third-party insurance, you receive protection from legal and financial liabilities towards the third-party during an accident. A comprehensive car insurance policy will go a step further to cover your own damages and third-party claims as well as secure you from losses due to natural and man-made disasters. Thus, you are protected against losses due to floods, earthquakes, theft, riots, and so on.
Finally, you must buy insurance for your vehicle as having basic motor insurance is mandatory by law in the country.
You can simply head over to any of the IFFCO-Tokio General Insurance Co. Ltd. offices and receive help with your insurance needs. We also have a fantastic website so that you can buy coverage online. Using its intuitive navigation, you can purchase a policy in a matter of minutes by following these quick steps:
Log in with your name and mobile number. Provide some details about your vehicle, such as the model and registration number. We will pull up some suitable policies and add-ons.
Select the policy that suits your needs and budget. You can also select some add-ons to customize your coverage.
When you are satisfied with the plan details, checkout and pay on our secure website. Your Honda WR-V car insurance policy will be delivered to your inbox almost immediately. That’s it!
We recommend that you buy your Honda WR-V car insurance policy online as it is:
Just a few clicks, and the policy is yours in a matter of minutes
There is no hassle at all as you may make the purchase at a time and place convenient for you
The policy is sent to your email and there is no need to maintain a paper trail over several years of ownership
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 Honda WR-V 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 Honda WR-V insurance policy. This will safeguard your car from depreciation and ensure you get complete compensation in case of a claim.
The WR-V 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 Honda WR-V 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 Honda WR-V 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 your renew you 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 Honda WR-V 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 afHondaable coverage for your Honda WR-V, 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 afHondaable, they do not offer any protection for your Honda WR-V.
If you want to give your car complete protection, on and off the road, you should purchase this type of Honda WR-V 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.
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 Honda WR-V car insurance policy.
Premium is the cost of your Honda WR-V 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 Honda WR-V 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 Honda WR-V 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.