Hyundai is one the most loved automobile companies of South Korea. With their amazing designs and superb features, owning a Hyundai is a dream for many. From the evergreen Santro to the luxurious Elantra – over the years, Hyundai is given us several iconic vehicles!
However, a priced possession such as a Hyundai needs full proof protection for long-term use. You can make this possible by buying a Hyundai car insurance policy. This is where we come! We are one of the pioneers in motor insurance and provide several protection plans for your Hyundai car.
With our Hyundai car insurance plans, you get coverage against accidents, acts of God, and man-made calamities such as theft, riots, and so on. We also have a wide network of branches and more than 4300 cashless garages – this ensures that, in case of any mishap, help is always close by! You can buy a Hyundai car insurance policy online on our website and get instant policy issuance.
It’s true that a lot of us follow protocols of responsible driving everyday but accidents never happen with prior intimation. Driving a car during office rush hours puts not only the car at risk of damages but also risks the safety of the people it transports. Thus, a full-proof insurance plan gives you peace of mind that the insurance company has your back if your car experiences unprecedented damages of any sort.
Thus, buying an insurance for your Hyundai car at the time of purchase ensures multiple advantages. The repair costs of your car are taken care of as per your insurance agreement. You get seamless and prompt repairing services at our 4300+ network garages. Not to mention, any damages or injuries caused to third parties will be covered by the insurance policy as well!
There are different ways of buying insurance for your Hyundai car. Of course, the first option would be to physically buy an insurance policy by visiting one of our branches. Our doors are always open and our executives are always at hand to help you out.
Alternatively, one can also purchase a policy online! We understand that transacting over the internet might not be everyone’s cup of tea. However, the process to buy Hyundai car insurance online is quite easy, all you have to do is visit our website and follow these 3 simple steps!
First, enter your vehicle details. We need to know your basic Hyundai car information and the details of the coverage you want to apply for.
Then, choose coverage and add-on benefits as per needs. Our add-on benefit Insured Declared Value (IDV) is particularly advantageous and also customizable in insurance plans.
Finally, pay the premium. After you have verified the information you have entered in our database, just pay the premium and the documents will reach your doorsteps in no time.
Following are the top three reasons why you should buy Hyundai insurance online:
Just enter your information and pay the premium. Your insurance claim is activated. Yes, just like that!
We stand by making the environment a better place to live in and thus, we offer you online insurance policies, which is the best possible way of you contributing to the environment.
When you buy Hyundai car insurance online, you help us save on overheads. We provide these savings to you, in the form of discount car insurance premiums.
Our insurance plans love your Hyundai car just as much as you do.
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.
Widen the coverage of your Hyundai car insurance policy with our range of add-ons.
The depreciation value of car parts is deducted at the time of settling the claim. When you opt for Zero Depreciation add-on, the entire claim amount without considering their depreciated value will be paid to you.
If you buy Engine Protection add-on, the policy covers the repairs without you having to spend anything.
Whenever you make a claim, NCB discount is lost. This add-on keeps your No Claim Bonus safe even if you make a claim against your policy.
This is an extremely helpful add-on. 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 Hyundai car as compensation.
If you opt for the road-side assistance add-on, you can simply call your insurance provider and they will send mechanical assistance your way in case of mechanical failure, flat tire or even if you run out of fuel!
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)
These plans are required by law to drive your Hyundai car in India. They offer basic protection and do not offer cover for own-damage. Third-party insurance only compensates for damages & losses caused to a third-party person (or persons) in an accident you are involved in.
Third-party insurance also provides personal accident cover. This component pays up to 15 lakh to the policyholder or his/her family member in case of serious injuries or death arising from an accident.
If you want complete protection for your Hyundai car, you should purchase a comprehensive car insurance policy. In addition to third party cover, these plans also cover damage & loss of own car due to road mishaps, acts of nature & man-made calamities like thefts. With these plans, you can also purchase add-ons to increase the coverage of your Hyundai car insurance policy.
Before you buy an insurance policy for your Hyundai car, you should know these important car insurance terms:
Premium is the cost of your Hyundai 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 Hyundai 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.
The easiest way to get an accurate estimate of your premium amount is to use the car insurance premium calculator. It is a simple online tool that allows you to check the premium of your Hyundai car insurance 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 General Insurance Co. Ltd., 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 General Insurance Co. Ltd. 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 our QCS App:
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.
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.
IFFCO-Tokio was the right choice for me to get car insurance from due to their amazing service.
Rated by: Anita Shroff
With the help of my car insurance, I was able to pay for the damages caused to my car during floods.
Rated by: Andrew Rodrigues
A friend recommended that I get my car insurance from IFFCO-Tokio because of their amazing garage network and faster claim process.
Rated by: Asif Khan
I was worried that I won't be able to find an affordable car insurance. But I was able to get one from IFFCO-Tokio.
Rated by: Baban Kurmi
Thank you IFFCO-Tokio for being the best car insurance provider.
Rated by: Brijesh Rath