Czech automobile brand Skoda is known for its fabulous lineup of cars that combine premium features with high function. A true head turner on the road, a Skoda is associated with luxury and efficiency.
If you are planning to get your very own Skoda home soon, it is imperative that you think about insurance too. A comprehensive Skoda car insurance plan will safeguard your finances in the event of a mishap. Insurance is also mandatory by law in India.
The good news is that IFFCO-Tokio General Insurance Co. Ltd. has truly simplified the process of getting automobile insurance. We offer a range of highly customizable plans for your Skoda that will cover you in the event of damages sustained due to accidents, theft, flood, fire, riots, and other calamities.
A Skoda car comes preloaded with safety features par excellence. These include driver assistance features, advanced lighting systems, and ABS, among others. Yet, inspite of all these precautions, the road can be quite unpredictable.
Thus, it is important to immediately secure your vehicle with a solid insurance plan. IFFCO-Tokio General Insurance Co. Ltd. offers a range of policies that cover third-party and first-part claims along with useful add-ons such as roadside assistance.
Our aim is to offer holistic coverage while keeping you compliant with the legal requirement of having motor insurance. Our Skoda car insurance plans are designed so you can drive with peace of mind as we have your back.
You can choose to purchase a plan in person at one of our offices or simply get it done online. Our smart website guides you through a hassle-free registration process. Once you select the policy best suited to your needs, make the payment on our secure portal and receive your policy via email. The entire process barely takes a few minutes of your time.
At IFFCO-Tokio General Insurance Co. Ltd., we truly believe that buying something as important as motor insurance should be quick and stress-free. Therefore, we let you complete the entire process on our website. Online purchase of your Skoda car insurance plan will see you enjoy many benefits including:
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 Skoda 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 Skoda 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 Skoda 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 Skoda 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 Skoda 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 Skoda car insurance policy.
Before you buy an insurance policy for your Skoda car, you should know these important car insurance terms:
Premium is the cost of your Skoda 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 Skoda 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 Skoda 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