Maruti Suzuki Car Cashless Insurance

What is car insurance?

Car Insurance is defined as an agreement by which the insurance provider promises to cover your car against any damages or losses caused because of an accident involving the insured car. An automobile insurance policy helps in providing coverage against theft, accidents, or other liabilities. For availing the advantages related to an automobile insurance policy, you wish to pay the premium of insurance policy regularly.

According to the Vehicle Act, 1988, a Third-party automobile insurance policy which provides cover against third party liabilities is mandatory in India. Moreover, you'll be able to purchase a comprehensive automobile insurance policy to make sure the whole protection of your car.

Importance of Car Insurance

It is a vital thing in this modern era where vehicles crowed on roads increase day by day.

• Third-party automobile insurance policy would offer coverage against legal liabilities to the third party in an accident, damages caused to Third-party vehicles or injuries caused to Third-party persons in an accident.

• A comprehensive automobile insurance policy would come with third party liability cover and own-damage (OD) cover. The own-damage cover provides cover against natural calamities, man-made disasters, damage caused to the car because of transit, etc. Moreover, a comprehensive automobile insurance policy also offers personal accident to protect the owner/driver of the car which covers injuries or death because of accidents.

• Car insurance policies facilitate you to stay stress-free while you're driving as you've got protection against the damages or losses caused because of accidents on roads.

• An automobile insurance policy will be helpful to your family and may provide resources if you've got suffered from some serious injury or disability because of accidents.

Maruti Automobile Insurance Overview 

Maruti insurance is the arm of the Indian automobile sector, the company provides insurance solutions for Maruti Suzuki car owners. Most of the public sector general insurance companies in India having tie-up with Maruti insurance private Limited. This policy is exclusive to Maruti insurance and no other vendor provides constant policy to car owners.

 Maruti insurance was established in 2002 and has over 5.38 crore customers until March 2019. it's collected an entire premium of Rs. 8889 crore and settled over 17.21 lakh claims over the years. it is a pan-India presence across quite 450 cities and caters to all. Maruti insurance policyholders whether the plan is for commercial vehicle owners or private car owners. Maruti insurance focuses on providing ‘complete peace of mind’ for its policyholders.

Why Insure Maruti Suzuki Car in Dealership? 

Maruti automobile insurance provides you with up to 100% cashless claim settlement exclude compulsory deductible charges for repairing your car that was damaged in an accident in any Maruti dealership all over India The authorized Maruti dealerships have an advanced infrastructure and technically skilled mechanics everywhere in India. Modern and High-quality equipment and genuine spare parts and accessories are used. Maruti automobile insurance plans are prepared with utmost transparency and are easily available online. Approximately, 8 out of 10 people in India like better to buy Maruti cars, and thus choose Maruti automobile insurance online.

What is Non-Claim Bonus:-There are various discounts and extra offers like No Claim Bonus (NCB) related to the automobile insurance policy. this will help in obtaining a reduction on the car premium if there are not any claims during a policy year.

Types of vehicle Policy:-

There are 3 types of policy in motors vehicle.

• LTCP [Long Term Comprehensive policy (3-Yrs package policy)]
• LTB [Long Term Bundled Policy (1-Yr OD-2 Yrs TP)]
• LTTP [(Long Term Third-Party Policy (3-Yrs TP policy)]

How is Long term automobile insurance beneficial?

To reduce the amount of non-insured cars and accidents on the roads, the Supreme Court of India has made it mandatory for all vehicles which were bought on or after 1st September 2019 to be covered by the 3 years policy. For car owners, the future automobile insurance policy would be for 3 years.

The major benefits of Long term automobile insurance are often listed below.

• Convenience 

A long term automobile insurance policy will help in getting obviate the hassles involved in getting your automobile insurance renewed regularly. With a busy and hectic lifestyle, it's difficult to recall the proper renewal dates of the automobile insurance policy. this will cause an absence of coverage and exposure to many risks while driving the car. So a Long term automobile insurance policy will help in providing convenience.

 • Once Done Insurance policy and Forget 3 Yrs

Sometimes, if your automobile insurance policy has lapsed, during the method of renewal many insurance providers tend to possess an inspection of your car. However, with a Long-term automobile insurance policy, you may not be ready to face this sort of inspection for 3 Years period.

• Risk for Non-Renewal Case

There are several risks related to the non-renewal of automobile insurance policies like any repairs or replacement that have to be paid from your pocket if you have not got renewed your automobile insurance policy on time. However, with a long term automobile insurance policy, you may not face such consequences for 3 years.

• Discounts

 There are lucrative discounts offered by various insurance providers mostly for the Long term automobile insurance policies. With long term automobile insurance policy, the policy issuing costs and administrative costs are reduced and these savings of the businesses are passed on to the policyholders within the kind of offers and discounts.

• Premium changes 
If there is a rise in a premium of the third party automobile insurance policy annually, then with a long term automobile insurance policy, you may not be affected by the increased premium rates for 3 years.

• Higher No Claim Bonus (NCB) 

Long term automobile insurance policies offer higher No claim bonus when putting next thereto of the cumulative NCB just in case of short term policies.

Other  Add on Benefits in Maruti car Insurance

Zero Depreciation:-

Notwithstanding anything to the organization contained in the policy, and gave extra 

the premium has been paid, it is hereby understood and agreed that in the case of partial Loss Claim for damages to the vehicle safeguarded under the policy where liability insured a vehicle without application of depreciation thereon.

Subject Otherwise to the terms, conditions, limitations, and exceptions of the policy.

ENGINE PROTECT COVER – Add-On

The engine cover is the valuable add on for vehicle to cover the engine Losses

Declared that notwithstanding anything to the contrary contained in the Base Private Car

Package policy, the Company hereby undertakes to indemnify the Insured for consequential

Loss or damage to the internal parts of the Engine/ Gearbox/Transmission or Differential

Assembly of the Insured Vehicle, arising out of ingress of water in the engine and/or

Leakage of lubricating oil from engine/gearbox/transmission or differential assembly due

to accidental causes.

Subject to above, this Add-on provides coverage only in respect of:

1. Repair or replacement of the internal parts of the Engine/Gearbox/Transmission or

Differential Assembly and /or

2. Labour cost incurred in repair/overhaul of the damaged Engine, Gearbox &

Transmission or Differential Assembly 

RETURN TO INVOICE

Return to Invoice Add on will cover the difference between current invoice prices of the vehicle and IDV as mentioned in the policy, in case of a claim total loss / CTL / Theft of the entire vehicle. The first time registration charges and road tax also reimbursed (up to 10% of ex-showroom price subject to adjustments of refund if any) 

How to download maruti car Insurance Policy:-

There are two steps for downloading the maruti car policy

·         Just go to any nearest maruti car dealership and show them your RC (Registration certificate).They will give you hard copy as well as soft copy of your maruti insurance policy.

·         Call to maruti helpline number  at 33774477(prefix 011 /022 /033 /044),and your policy will deliver to your doorstep in anywhere in India.

You can not dowload maruti insurance soft copy from maruti insurance website.

How to renew maruti insurance policy:-

·         Go to any nearest maruti dealership and renew policy within 5 minutes.

·       Call to maruti helpline number 33774477(prefix 011 /022 /033 /044) and asked them for help in policy renewal.

·      Go to maruti website link www.marutiinsurance.com and submit your maruti insurance renewal with few easy steps.

What to do for maruti insurance claim:-

Simply inform Maruti Insurance broking at helpline number 33774477(prefix 011 /022 /033 /044) or visit the nearest Maruti Suzuki Dealer.They will assist you with your claim intimation and will also help you with other formalities.In case you intend to make a claim on your policy,please ensure that the claim is intimated within 24 hours of accident or on the next working day.

• Conclusion

Hence, the Long term automobile insurance policies are advantageous apart from the actual fact that you simply cannot cancel the policy for 3 years. So, it's advisable to possess thorough research, comparison, and so purchase your automobile insurance policy.