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Mahindra e2o Plus Car Insurance
Buy car insurance online/renew non IFFCO Tokio car insurance policy
Buy car insurance online/renew non IFFCO Tokio car insurance policy
The Mahindra e2o Plus is among the best eco-friendly cars in the country. This four-seater hatchback-electric vehicle is an upgrade of the previous e2o model and has extra doors, more legroom and greater headspace. Not to mention, it also has a smaller carbon footprint than its predecessor.
All this makes it the perfect EV to bring home! However, before you can go zipping about in your new e2o, you need to first get it insured! This is where we at IFFCO-Tokio General Insurance Co. Ltd. can help! Our Mahindra e2o Plus car insurance ensures all-round protection for your car.
We have plans to suit every need and budget! For instance, you can opt for third-party cover if affordability is your main concern. Or, you could opt for comprehensive insurance if you want to give your car maximum protection. You can also opt for several add-ons to bolster the coverage of your Mahindra e2o Plus car insurance policy! All-in-all, the e2o is a smart car - it needs smart protection – that’s exactly what we provide!
While you may be a cautious driver and adhere to road regulations, others might not! Therefore, despite all your best efforts, all it takes is a dash of bad luck and one negligent driver to cause an accident. In such a scenario, your new e2o could suffer the brunt of damages, resulting in sky-high repair costs. This is where our Mahindra e2o Plus car insurance plans can come in and save the day!
We have a network of over 4,300 network garages spread all across the country where you can avail cashless repairs for your vehicle. This ensures that your little e2o is fixed quickly & you are back on the road again! Besides accident cover, our plans also provide round the clock roadside assistance. This ensures that, in case of a breakdown, you can get help at any time of the day or night!
Damages to vehicles may also happen due to the impact of natural calamities such as cyclones or earthquakes. Man-made disasters such as car vandalism or thefts may also occur. In these cases also, the insurance policy for your car will again keep your vehicle protected.
To purchase an insurance policy from IFFCO-Tokio, you can visit one of our branches where our executives will assist you in the process. You can also get in touch with our authorized agents to buy a plan. The other alternative is to visit our website and book the plan online, which is much more hassle-free. All you have to do is follow these simple steps:
On opening the website, enter your name and mobile number and then your car details. Based on this information, we will show on your computer screen, the best options available for you.
You will have to choose from third-party cover, comprehensive insurance & depreciation waiver cover. Select the plan that suits your needs and customize it as per your preferences.
With the ideal coverage selected, what you have to do next is just pay the premium. The documents will reach your inbox immediately and the coverage will commence!
Here are some reasons why you should buy Mahindra e2o Plus car insurance online:
Completing three short steps is what it takes to secure your vehicle.
With the help of the website, you are free to book the policy any time you wish.
An online procedure saves you from the hassle of storing hard-copies of essential documents. Remember, we mail the documents to you almost instantly!
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 Mahindra e2o Plus 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 Mahindra e2o Plus insurance policy. This will safeguard your car from depreciation and ensure you get complete compensation in case of a claim.
The Mahindra e2o Plus 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 Mahindra e2o Plus 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 Mahindra e2o Plus 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 Mahindra e2o Plus 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 Mahindra e2o Plus, 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 Mahindra e2o Plus.
If you want to give your car complete protection, on and off the road, you should purchase this type of Mahindra e2o Plus 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 Mahindra e2o Plus car insurance policy.
Premium is the cost of your Mahindra e2o Plus 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 Mahindra e2o Plus 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 of 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 Mahindra e2o Plus 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 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.
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.