Hyundai Grand i10 Car Insurance
Buy car insurance online/renew non IFFCO Tokio car insurance policy
Buy car insurance online/renew non IFFCO Tokio car insurance policy
Launched in 2013, Hyundai Grand i10 has acquired a prominent position in the Indian automobile market. Its advanced second-generation engine ensures great performance and efficiency with lower running costs and fewer emissions. The car also scores high in terms of appearance and comfort with its well-designed, spacious interiors and attractive exterior features like rear spoilers and silver alloy wheels.
You have made a superb decision if you have decided to buy a Hyundai Grand i10. But before you get your car registered, your need to buy car insurance. Car insurance ensures that your Hyundai Grand i10 is secured from any sort of losses due to mishaps. In this regard, IFFCO-Tokio General Insurance Co. Ltd. will offer you all the assistance needed while getting the right Hyundai Grand i10 car insurance policy.
Whether you choose to buy third-party insurance or a comprehensive plan, our coverage is cost-effective. IFFCO-Tokio General Insurance Co. Ltd. is truly your one-stop shop for all your motor insurance needs.
You may a careful driver; however, it is hard to foresee accidents that might damage your car. Such incidents can leave a deep dent in your vehicle and finances. It thus makes sense to be secured with car insurance from IFFCO-Tokio General Insurance Co. Ltd. so that you can drive with peace of mind.
The possibility of third-party damage cannot be ruled out as well. This can lead to heavy debts as you need to compensate the third-party for their losses. A third-party Hyundai Grand i10 car insurance will help you take care of all such financial and legal liabilities in case of an accident.
Also, your car might suffer damage due to a natural calamity such as a flood, or a man-made one such as car theft. In such a situation, a comprehensive car insurance plan will compensate you for your losses. Comprehensive insurance also covers third-party damages and your own losses during an accident.
Finally, remember that motor insurance is mandatory by law in India so, get your Hyundai Grand i10 car insurance policy to be legally compliant.
There are two ways of getting insurance for your Hyundai Grand i10 from IFFCO-Tokio General Insurance Co. Ltd. You can pay a visit to our nearest branch where customer care professionals will help you in the entire process. Or, you can get the insurance policy through our website by following these simple steps:
On opening the website, you will need to provide your name and cell-phone number. Thereafter, you will be asked for a few the details about your car. Based on the information, we will pull up our relevant insurance plans.
Pick the Hyundai Grand i10 car insurance plan that suits your needs and customize it with add-ons, if required.
After finalizing your plan, all you have to do is to pay the premium. We will email the documents to you immediately so that you can take your Hyundai Grand i10 for its first drive.
We have designed our website in such a way that it becomes very easy for you to get the ideal insurance policy for your car. Buying Hyundai Grand i10 car insurance online is:
The online process just takes 3 easy steps to secure coverage for your vehicle
You may purchase the policy from the comfort of your home at a time convenient to you
There is no hassle of filling up forms for the policy…the documents are also emailed to you and any chance of them getting lost is thus ruled out!
Car Insurance provides coverage against:
Collisions
Damages and losses that may arise out of collisions & accidents.
Theft
Coverage against losses incurred when your car is stolen.
Fire
Damages and losses caused to due to an accidental fire.
Natural Disaster
Damages and losses due to acts of nature such as floods, cyclones, etc.
Personal Accident
Get compensation up to Rs. 15 lakh in case accident leads to death or disability of the owner
Third-Party Losses
Pays for property damages and injuries caused by your car.
Here are some recommended add-ons that can widen the coverage of your Hyundai Grand i10 car insurance policy.
Zero depreciation cover
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 Hyundai Grand i10 insurance policy. This will safeguard your car from depreciation and ensure you get complete compensation in case of a claim.
Roadside Assistance cover
The Grand i10 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 Hyundai Grand i10 insurance. It will ensure that, if you are ever stranded due to mechanical failure, you can get help with just a single call.
Engine protector
This is another important add-on you can opt for with your Hyundai Grand i10 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.
No Claim Bonus (NCB) Protection
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 Hyundai Grand i10 car insurance policy. This will ensure the NCB you’ve accumulated for years, is not lost when you make a claim.
Return Invoice Cover
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 Hyundai Grand i10, 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 Hyundai Grand i10.
If you want to give your car complete protection, on and off the road, you should purchase this type of Hyundai Grand i10 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 Hyundai Grand i10 car insurance policy.
Premium is the cost of your Hyundai Grand i10 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 Grand i10 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 Hyundai Grand i10 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.
4300+ Network Garages
We provide cashless services in more than 4300 garages, which are evenly spread across the country.
Quick Claim Settlement
We offer a QCS facility under which motor insurance claims get settled seamlessly within minutes.
Trusted Brand
For 19 years, we have been servicing our customers with a wide range of insurance policies.
Claims experience
We settled a total of 8.61 lakh claims in FY2019 and have a claim settlement ratio of 92.65%
Awarding winning protection
IFFCO-Tokio won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles.
Wide network of branches
Our policies can be brought from more than 20,000 agents and branches having a wide presence throughout the country.
