IFFCO-Tokio provides extensive coverage to protect your motor vehicle from every risk. It gives you a complete ‘on-road protection’ facility.
Legal liability to third-party in case of injury, death or property damage.
Personal Accident cover offers compensation to the owner if they get injured while getting in or out of the vehicle or while traveling.
If the insured vehicle meets with an accident, the owner gets reimbursed for towing, protection and redelivery of the vehicle.
On payment of the additional sum, the coverage can be extended as a part of the policy. These include Personal Accident cover for passengers, Loss or damage of electrical or non-electrical accessories, etc.
No Claim Bonus Protection: The add-on keeps your No Claim Bonus safe even if you make a claim.
Engine Protection: If you buy Engine Protection, the policy covers the repairs without you having to spend anything.
Return to Invoice: This add-on helps you get the original invoice price of the vehicle, including road tax and registration charges, should your vehicle be deemed a total loss.
Roadside Assistance: The cover offers you numerous valuable services, like towing, key replacement and refueling, should your car breakdown in the middle of nowhere.
The Company may cancel the policy by sending seven days notice by recorded delivery to the insured at insured’s last known address and in such event will return to the insured the premium paid less the pro rata portion thereof for the period the Policy has been in force. The policy may be cancelled at any time by the insured on seven days notice by recorded delivery and provided no claim has arisen during the currency of the policy. The insured shall be entitled to a return of premium less premium at the Company’s Short Period rates for the period the Policy has been in force.
Third-party car insurance is a mandatory requirement for all car owners in India. Driving without valid insurance is punishable under law.
It offers protection to the policyholder against legal liabilities in case there is an involvement in an accident. Any damages resulting from the accident - be it damages to the third-party’s vehicle/property, physical injuries or death, the insurer will compensate for it.
Thus, third-party car insurance shields the policyholder from financial liabilities arising towards a third party.
A Comprehensive car insurance policy guarantees complete protection against damages caused to your car due to accident, falling objects, vandalism, natural disasters, and theft. Other than damages to your vehicle, a comprehensive policy also covers third-party liabilities. It includes physical injuries and damages to the third party.
It is an additional cover that you can buy by paying an additional premium and widen the scope of coverage of your regular policy.
Own Damage Cover
It is a part of car insurance policy coverage that protects the insured vehicle from damages due to accident, theft, natural calamities and human-made disasters.
IDV or Insured Declared Value is the maximum compensation that the insurer will pay the policyholder if their vehicle gets damaged beyond repairs or gets stolen. The IDV is agreed upon by the insurer and the insured the time of purchasing the policy.
NCB or No Claim Bonus is the reward offered by the insurance companies to policyholders for not filing a claim in the policy year. The benefit reward offered is in terms of reducing the premium amount upon policy renewal or increasing the sum assured.
Insurance companies have tie-ups with various garages, which are known as ‘network garages.’ Policyholders can get their vehicle repaired at any of the network garages and get a cashless claim.
It refers to the termination of your car insurance policy due to non-payment of your premium.
It is the period for which the policy is in force.
It is the fixed part of the vehicle repair cost that you must pay out of your pocket.
NCB (No-Claim Bonus) is a reward offered by the insurance company to the policyholders for not making a claim during the policy year. NCB helps policyholders get a discount on the premium amount upon renewal of the policy. The NCB keeps accumulating for every claim-free year. You can get a discount of up to 50%.
Car insurance premium depends on various factors like:
The easiest way to get an accurate estimate of the car insurance premium is to use the car insurance premium calculator. It is an online tool that calculates the premium based on the information you provide. To calculate the premium, you must provide the following details:
Renewing your car insurance is vital to stay protected against unforeseen risks. Renewing a policy online is easy; you must take the following steps:
Choose the insurer
If you have purchased a policy from a particular insurance company, you need not necessarily renew from the same insurer. You can renew from a different insurer as per your choice.
Fill the details
Fill out the online application form with necessary information – age, address, car model, claim history, location, NCB, etc
Choose your plan
If you wish to renew with a new insurer, review their policies, and choose the one that suits your needs. You can also select add-ons as needed.
You can pay your premium online through net banking, credit/debit card or online payment gateway.
Review the policy document
Once you complete the payment, check the soft copy of the policy document to ensure that the details are mentioned correctly.
While buying a car insurance policy, you must submit an identification proof. You must submit a copy of any of the following documents:
IFFCO -Tokio provides extensive coverage to protect your car from all kinds of risk. With IFFCO-Tokio, policyholders get:
Car insurance is a contract between you and the insurer, wherein the insurance company offers extensive coverage to protect your car from every possible risk. It basically covers accidents, thefts, and any third-party liabilities based on the insurance purchased. It covers against natural and man-made calamities. It acts as a boon to the policyholder in case of emergencies.
You’re the proud owner of your car; hence it is your responsibility to protect it from potential damages that may arise due to accident, or theft. In India, it is mandatory to have Third-party Insurance to drive on roads; otherwise, it is considered a legal offence. One more reason you need car insurance policy is for the safety of others, they could be fellow drivers, pedestrians, or your passengers.
Yes, you can renew your car insurance policy online. Renewing your policy is easy; you just have to follow the below steps:
Remember, reviewing the policy on time is important to stay protected against the damages due to accidents. Also, make sure to renew the policy on or before the due date to avoid paying any penalty charges.
You can renew your four-wheeler insurance offline as well as online. Visit the office of the insurer for renewing the insurance offline. You can visit the website of the insurer for renewing it online.
In case of accidents and damage to the vehicle, you have to present the following documents to make a car insurance claim. This includes the copy of online car policy, claim form duly signed, original repair bill, proof of release and cash receipt, valid driving license copy, valid RC copy of the vehicle, FIR (if necessary as in the case of highway accidents, theft and major third party injury or damage) and any other document that is required by the insurance company to ensure seamless settlement of claim.
Some great discounts and a very reasonable car insurance policy.
Rated by: Nandan
Best customer service for car insurance renewal.
Rated by: Pawan
Quick responses from IFFCO Tokio for car insurance "get a quote". Nice response rate.
Rated by: Saransh
Great online experience. Iffco's car insurance is worth buying.
Rated by: Avinav Singh
Thanks for providing a good agent call, I was able to renew Car Insurance on time.
Rated by: Vineeta
Easy to use and the best services offered. Car Insurance benefits are really nice. Done my renewal on time.
Rated by: Vijay Singh
The customer service is really nice. The agent helped in buying Car Insurance from IFFCO Tokio and I never faced any problem.
Rated by: Ponraj
I am very satisfied with your service. You guys made sure to renew the Car Insurance online on time. Thanks
Rated by: Shakuntala
Very easy to renew Car Insurance and customer service representative is very helpful from IFFCO Tokio.
Rated by: Arvind
Very user-friendly and adequately informative website. I completed my Car Insurance very easily.
Rated by: Col.Deepesh
Services are really good and Car Insurance from IFFCO Tokio helped me a lot.
Rated by: Prashanth
Great walkthrough, the first time enjoyed buying the policy. good work, keep it up
Rated by: Rathna C
There are many insurance companies, but IFFCO Tokio is the best. You guys settled my Car Insurance claim very quickly.
Rated by: Ravish
I am very happy with the customer service given by IFFCO Tokio guys. Car Insurance claim settlement was Hassel-free. Thanks IFFCO Tokio.
Rated by: Betina
The service provided by the IFFCO Tokio team is really nice. I bought Car Insurance and for 2 years I never faced any problem.
Rated by: Rama
Car Insurance renewal was very easy with IFFCO Tokio. Completed my renewal hassle-free on website.
Rated by: Pratush
Very reasonable price with great benefits for car insurance policy and in simple steps.
Rated by: Anu
The process is quite easy with no hassle and covers most of the cases which are not covered in other car insurance Policies.
Rated by: Avinav
Great benefits with quality assurance. IFFCO Tokio car insurance is best.
Rated by: Vikas
Very easy process to renew a car insurance policy. Got assistance at every step with 24x7 support.
Rated by: Suman
Best car insurance policy. Great company with good benefits.
Rated by: Ayush
Renewal car insurance was done very easily. Best online experience on the IFFCO Tokio website.
Rated by: Shantaram
Good service from IFFCO Tokio. My car insurance is the best and renewal also done on time.
Rated by: Dhanashri
Quickly called me and provided the required details which helped me to create online policy quickly and hassle-free.
Rated by: Vishwakiran Bhat