Established in 1937, Toyota is one of the largest car manufacturers in Japan. Today, this automobile giant has over 1 million Indians customers in its family. From hatchbacks to SUVs and from MUVs to hybrids, Toyota is fast emerging as a futuristic car brand that has something for everyone.
However, no matter which car you choose, from the Fortuner to the Glanza, getting a good car insurance policy with it is a must! This is because accidents and damages could happen at any time. And if you want to protect yourself from the financial impact of these unfortunate events, you need to purchase good Toyota car insurance. This is where IFFCO-Tokio comes in!
Our customized Toyota car insurance plans ensure that your vehicle is covered against perils, both on and off the road. Besides protecting you from the financial impact of accidents, our plans also provide coverage against several natural and man-made calamities.
Road mishaps can happen at any time! And though we cannot predict these unfortunate events, we can certainly prepare for them with a good Toyota car insurance policy. Having such a plan in place will ensure you protected from the financial pinch of accidents and ensure your car is restored to its original condition, with minimal out-of-pocket expenses.
Also, the number of natural calamities is also on the rise in India. More and more metro cities are experience flooding, which could leads to wide-spread damage amongst vehicles. Not only that, the number of automotive thefts is also on the rise with as many as 44,000 vehicles being stolen in 2018.
However, with a Toyota car insurance policy, you can ride worry-free knowing you are protect from all these unfortunate events and more! Such a plan will also cover your legal liability to compensate others who are affected by an accident you are involved in.
Our goal is to make it easy for you to purchase car insurance for your Toyota vehicle! You can drop by one of our branches. Our executives will guide you through the entire process, ensuring your leave the branch smiling and with the right insurance policy for your needs. Or, you could buy Toyota car insurance online by visiting our website and these 3 easy steps:
First, enter your vehicle details. We need to know your basic Toyota 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 in this case.
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 as soon as possible.
You are always welcome to visit one of our branches. However, in the interest of your time and energy, we advise you to buy Toyota car insurance online, by visiting our website. By doing so, you will enjoy the following benefits.
When you buy a plan online, you help us save on several overhead expenses. These savings we pass on to you, by offering you Toyota car insurance at discount rates.
Just enter your information and pay the premium. Your insurance claim is activated and is on way for delivery to your address already!
We put eco-friendly environment over increasing the earth’s carbon footprint toll. Thus, we prefer paperless formalities in furnishing your insurance policy, as doing this online is the best possible way of you contributing to the environment.
Our insurance plans love your Toyota 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 Toyota 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 Toyota 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 Toyota 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 Toyota 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 Toyota car insurance policy.
Before you buy an insurance policy for your Toyota car, you should know these important car insurance terms:
Premium is the cost of your Toyota 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 Toyota 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 Toyota 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.
Thanks IFFCO for making the car insurance buying process so easy-peasy for the customers.
Rated by: Ananmaya Muthuswami
I hope IFFCO keeps on providing such an excellent motor insurance policy for years to come.
Rated by: Suman Pahad
I have brought car insurance and renewed it from IFFCO only. Their policy processes are the smooth like a breeze.
Rated by: Shrikrishna Jandhyala
I loved the fast and easy car insurance policy buying process. Thanks guys.
Rated by: Meghdutt Tarakeshwar Murty
If things go south, I know IFFCO's motor insurance is by my side.
Rated by: Khushal Talwar