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Since its launch, Toyota Corolla Altis has been one of the strongest selling cars in India and for the right reasons indeed. This sedan truly combines style with high-functionality. The sleek exteriors are matched by premium quality interiors to truly make this car a head-turner.
Hence, if you have decided on the Toyota Corolla Altis as your next car, you have indeed made the right decision! However, before you take your new ride out for a spin, do make sure to purchase a car insurance policy. This is where IFFCO-Tokio General Insurance Co. Ltd. can step in to help!
We offer third-party and comprehensive Toyota Corolla Altis car insurance with a variety of optional add-ons. Whatever plan you pick, we guarantee great value in protection! Afterall, IFFCO-Tokio General Insurance Co. Ltd. truly understands insurance.
Even though you may be a safe driver who adheres to traffic rules, the road can be a very unpredictable place. An accident can leave you with big bills that can truly drain out your bank account. Thus, it makes sense to purchase Toyota Corolla Altis car insurance so you can secure your finances.
Let’s look at what a Toyota Corolla Altis car insurance policy can protect you from. If you opt-in for a third-party insurance plan, you receive coverage for third-party legal and financial liabilities. If you opt-in for comprehensive coverage, you get financial protection from accident damages, third-party liabilities, and natural and man-made disasters. So, insurance really safeguards you even if your vehicle is unfortunately vandalized or washed away in a flood.
Finally, it is mandatory to have a basic car insurance policy in place as per the law in India. So, get your Toyota Corolla Altis insured and drive while being legally compliant.
To buy your Toyota Corolla Altis car insurance plan, you may either visit the closest branch of IFFCO-Tokio General Insurance Co. Ltd. or simply log on to our website.
If you plan to purchase motor insurance online, follow these 3 easy steps:
Upon logging in to our website, enter your name and contact details. Then, you will have to provide a bit of information on your car. After receiving this data, we will show you the different insurance policies we have for you.
You must now pick a plan that you find most suitable to your needs. You may also customize the plan by including your preferred add-ons.
The last step is paying your premium on our secure website. We will then email your policy papers to you
It makes perfect sense to get your Toyota Corolla Altis car insurance policy online as the process is:
Complete 3 quick steps to secure your coverage
Our website works non-stop to meet your insurance needs
There is no need to stress over keeping policy documents secure; they will stay safe in your email inbox
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.
Offers sum assured up to 15 lakh, with a cover against accident leading 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 Toyota Corolla Altis 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 Toyota Corolla Altis insurance policy. This will safeguard your car from depreciation and ensure you get complete compensation in case of a claim.
The Corolla Altis 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 Toyota Corolla Altis 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 Toyota Corolla Altis 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.
These are some of the standard exclusions of car insurance in India.
War, nuclear attack, and other war like situations.
Driving under the influence of alcohol.
Driving without a valid driving licence.
Damages that arise when policy is not active.
Normal wear and tear of car parts.
Regular servicing expense.
Indulging in adventure sports.
Uninformed modifications to the car.
This plan gives basic coverage for your Toyota Corolla Altis as it covers-
Legal obligation
Damage to third-party property
Injury caused to third-party person
Personal Accident up to Rs.15 lakhs
However, third party insurance does not cover damages or total loss of your own vehicle.
Buy a Policy
For all-round protection for your Toyota Corolla Altis, choose comprehensive car insurance. This plan consists of both, third party cover and own damage cover. This plan covers-
Theft
Fire
Collision
Natural calamities
Manmade disasters
Third-party liabilities
Personal Accident
You can also choose from different add-ons that widen the coverage of your comprehensive car insurance policy.
Buy a Policy
You should know these important car insurance terms before you buy a Toyota Corolla Altis car insurance policy.
Premium is the cost of your Toyota Corolla Altis 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 Corolla Altis 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.
Use the car insurance premium calculator to check the premium of your Toyota Corolla Altis car insurance policy using some very basic information. To calculate the premium, you must provide the following details:
Car manufacturer’s name.
Model number.
Manufacturing year.
Fuel type.
IDV.
Policyholder’s details – name, residence address, age
Few reasons for choosing IFFCO-TOKIO as your car insurance partner-
Quick quotes
Simple process
Instant policy issuance
Secure Payments
Customizable plans
24/7 online support
Cashless garages
QCS App: With the Quick Claim Settlement App, you can submit a claim by uploading 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. Note that for claims made through the app the maximum claim amount will be Rs. 50,000.
Online claims: Log in with your registered Email ID and Password and click ‘make a claim’ option and follow the steps mentioned. You can also contact us on 1800-103-5499 or 0124- 4285499 where our customer care executives can guide you with the claim process.