Know all about Maruti car insurance on Coverfox.com Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited is a well-known automobile manufacturer in India. The company is a subsidiary of car and motorcycle manufacturer Suzuki Motor Corporation. Maruti Suzuki manufactures and sells popular cars such as Wagon R, Alto, Swift, Celerio, Swift Dzire, Baleno and Baleno RS, Omni, Alto 800, Eeco and Ignis.
Maruti Suzuki has a market share of 47% of the Indian passenger car market.
The company is headquartered in New Delhi and as on July 2018 and has a market share of over 53% of the Indian passenger car market. Maruti produced Maruti 800, India’s first small passenger car in the year 1983 and since then has been spearheading a revolution of change. Maruti has also produced Maruti Swift Dzire, one of the most affordable sedan car models in India. As an automobile brand, Maruti Suzuki is known for offering maintenance-free performance vehicles.
Maruti Car Insurance premium rates for the top 36 Maruti Cars:
| Maruti Car Model (Registration Year 2019 ) | Model Variant | Insured Declared Value (IDV) | Zero Depreciation | Premium | More Plans |
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Disclaimer: The above Maruti car insurance premium rates may change as per the Maruti Suzuki car model, variant, fuel type, place of registration, year of registration, policy type, IDV and Add-on covers chosen.
Car insurance helps you to redeem the damage or loss incurred on the insured car. The insured does not have to suffer and worry when an emergency strikes. Car insurance provides legal, financial and emotional support to the insured. Loss can come without any prior notice; just catering to superstitious belief might not prevent uncertainties sometimes. If you have a car insurance policy for your Maruti Car, it will help you out of any kind of unfortunate event on the roads.
Also, the Motor Vehicles Act, 1998 makes it compulsory for every car owner to have car insurance in India. Any car plying on the Indian roads need to have a valid car insurance policy, with a minimum third-party liability cover.
Third-party car insurance covers the damage incurred by a third person, property. On the other hand, comprehensive car insurance provides cover for the damages caused to your insured Maruti Car and third-party liability only.
There are numerous car insurance companies in India; therefore, the coverage and car insurance prices for various Maruti Suzuki car models can differ from one insurer to another. Car insurance offers coverages against a variety of risks, a few of them are mentioned below-
The insurer will not cover the expense of the following -
Purchasing a car insurance policy for your Maruti Car online on Coverfox is a simple and easier process than buying it offline. Here are the details about the online process-
Renewal of Maruti car insurance policy can be done online on Coverfox.com. To renew insurance for your Maruti Car, you don’t have to do much except for logging into Coverfox.com and selecting the best car insurance policy as per your budget and requirement. The website offers your car insurance plans from well-known general insurers in India. You can compare car insurance renewal quotes by various insurers and zero down on the best policy for your Maruti Car. On making the policy payment, the renewed Maruti insurance policy is delivered right into your inbox in no time.
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There are two different ways to file a vehicle insurance claim for Maruti cars, i.e. cashless and reimbursement -
The most commonly opted add-ons with Maruti cars are zero depreciation, NCB (No Claim Bonus) cover, engine cover, NCB (No Claim Bonus) cover and RSA (RoadSide Assistance) cover, among the few to name.
You can renew your Maruti car insurance in just 5 minutes on Coverfox.
To buy insurance for a Maruti car, you can visit Coverfox.com, compare the available premium quotes for your Maruti car and select the one that fits your requirements. Get your policy issued in no time with Coverfox.com.
Acko General Insurance, Bharti AXA General Insurance and ICICI Lombard General Insurance fall under the car insurers who have registered commendable claim settlement ratio for Maruti cars.
According to the law, it is compulsory to have third party insurance for your Maruti car. However, you can always opt for a comprehensive policy as it covers damages to your vehicle as well.
The waiting period depends on two factors: the demand and supply. In a few cases, the waiting period might be long, although the company tries its best to meet your demands and handover you the vehicle at the earliest.
Here are few tips that will help you to save on the insurance premiums:
IDV (Insured Declared Value) Calculation is based on the vehicle’s listed selling price minus the depreciation. For a new car, IDV is calculated as 95% of the ex-showroom price.
Yes, the insurance company offers a No Claim Bonus to all the policyholders who have not made any claim in the past policy period.
Insuring your Maruti car insurance is even more convenient at Coverfox. We have a secure and quick online Maruti insurance policy renewal facility.
You can renew your Maruti car insurance plan online by visiting the website of Coverfox. At Coverfox, you can compare several policy premium quotes available online for your Maruti car and choose the one that fits your requirement.
Yes, you are eligible for getting the NCB discount transferred from your old car insurance policy to your new car insurance cover that you bought for your Maruti car as the NCB is provided to policyholders, not to the car.
You can add a zero depreciation add-on cover in your car insurance plan for your Maruti car but just pay a small extra amount of premium in addition to the premium of the base car insurance policy.
According to the Supreme Court of India’s direction, it is mandatory to buy a third party car insurance plan of 3 years for all car owners at the time of the registration of your Maruti car.
You can buy a standalone own-damage car insurance policy and third party car insurance policy for your Maruti Car from various insurance companies via online or offline mode but it is recommended to have both from the same insurer.
Suppose your car insurance policy that you bought for your Maruti car gets expired. In that case, you can renew it within the next 30 to 90 days, and all insurance companies provide you with a grace period. To get the grace periods details, check your insurance policy; you can also contact your car insurance agent. In order to avoid such situations, you must try to renew your car insurance policy before the expiry date.
In order to get the correct premium amount and IDV of the car insurance for your Maruti car, you need to enter a few details on the premium calculator like Car Manufacturer, Variant of the Car, Model of the Car, Car Registration City, Year of Purchase, and so on.
Coverfox offers the best car insurance-related assistance for your Hyundai car. You can call 1800 209 9930 any time from 10 am-7 pm from Monday to Sunday.
