If ever there was a superstar in the Indian MUV segment, then it has to be Toyota Innova. With its affordable price range, abundant backseat space and SUV-like ground clearance, it has become a real favorite amongst Indian families!
However, to keep your Innova from the perils of the road, you need to protect it with a good car insurance policy. This is where we at IFFCO-Tokio General Insurance Co. Ltd. can help! Our Toyota Innova car insurance plans offer full-proof coverage from numerous unfortunate events that could causes damage to your vehicle.
We also have a network of more than 4300 network garages and a Quick Claim Settlement app that ensure repairs are taken care of in a fast and hassle-free manner. With Toyota Innova car insurance from IFFCO-Tokio, you can drive with complete peace of mind, knowing you are fully protected from any unfortunate events headed your way.
The thing about the Toyota Innova is that it is a heavy usage vehicle. It will spend most of its time on the road and will have plenty of long-drives. This means that it will be exposed to a higher risk of damage and road mishaps! This is why you need to protect it with a good car insurance policy.
Toyota Innova car insurance ensures that repair costs arising from an accident are taken care off quickly and conveniently. The plan will also provide a substantial amount of compensation in case the vehicle is damaged beyond repair. Last but not the least, the plan will also cover the legal liability to pay for damages and injuries that third parties suffer in the accident.
A good Toyota Innova car insurance policy will also cover damages occurring due to floods, earthquakes, theft, riots and several other natural and man-made calamities that can damage your vehicle. And finally, you need car insurance for your car because it is required in order to legally drive the vehicle on Indian roads.
There are 2 ways you can buy a car insurance policy for your Toyota Innova. The first is to visit our branch. We have a team of insurance expert who will help you customize a plan to best suit your needs and ensure you walk out the doors smiling and satisfied. The second way is to buy Toyota Innova car insurance online through our website. This will require you to follow these simple steps:
Feed our database with all relevant and basic information about your car. This allows us to put together the most suitable coverage options for you.
Choose your preferred coverage options and strengthen its protection with our range of lucrative add-on and other adjustable features.
Once you pay the premium, you confirm your insurance and guarantee permanent protection for your Toyota Innova car.
Following are the top three reasons why you should buy Toyota Innova insurance online:
We save on overhead expenses when you buy a policy online and pass these savings on to you through discount premium rates.
You can save time by skipping on branch visits. Not only that, the online purchase process will only take a few minutes from start to end.
No tiring paperwork, to painful documentation. Just a completely online process! You also get a soft-copy mailed to you instantly!
Our insurance plans love your Toyota Innova 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.
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.
Widen the coverage of your Toyota Innova 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 Innova 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 Innova 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 Innova 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 Innova car insurance policy.
Before you buy an insurance policy for your Toyota Innova car, you should know these important car insurance terms:
Premium is the cost of your Toyota Innova 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 Innova 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 Innova 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 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.
Online/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.
I bought zero depreciation car insurance from IFFCO-Tokio and I am truly relieved to see that I get the entire claim amount without the depreciation of my car being taken into consideration.
Rated by: Pradeep Agarwal
When my car suffered an accident and incurred damages I was glad to have the support of IFFCO-Tokio in paying the bills.
Rated by: Sagar AGARWAL
IFFCO-Tokio has been a great help every time my car has suffered a mishap. I am very satisfied with my car insurance purchase.
Rated by: Rakesh AGARWAL
I want to thank Mr Dipesh for assisting me in the process to buy the exact kind of car insurance I needed. IFFCO-Tokio staff is indeed very reliable.
Rated by: Sachin Agarwal
Good coverage at pocket-friendly rates. What else could one want in a car insurance plan
Rated by: SEKHAR Abbasi