Magma HDI Own Damage Car Insurance

Magma HDI standalone own-damage car insurance shields you against the expenses incurred due to the damage sustained by the insured car in an accident or a mishap. It is quite a beneficial cover that provides peace of mind to policyholders by offering them compensation to cope up with a wide range of situations such as road accidents, theft, fire, natural calamities, man-made disasters, and so on. It is highly recommended to purchase this standalone own-damage car insurance plan with compulsory third party car insurance for the overall protection of your car.

Standalone Own-Damage Insurance V/S Third Party Insurance V/S Comprehensive Insurance

What is Covered Under Magma HDI Standalone Own-Damage Policy?

Here are the aspects that are covered under Magma HDI standalone own-damage car insurance:

• Damages incurred due to accidental external means
• Damages due to theft or total loss sustained by the car
• Damages caused by fire, explosion, self-ignition or lightning
• Damages incurred due to natural calamities or man-made disasters.

What is Not Covered Under Magma HDI Standalone Own-Damage Policy?

No coverage will be offered under own-damage car insurance in the following situations:

• Natural wear and tear of the car due to depreciation
• If any car insurance claim arises due to any contractual liability
• If any accidental damage or loss sustained outside the geographical location
• Accidental loss or damage or liability caused due to nuclear weapons material.

Here are some benefits of buying Magma HDI standalone own-damage car insurance:

• Damage and loss cover offered in a range of scenarios.
• Add-on cover options available to expand policy coverage.
• No Claim Bonus is provided to policyholders for every claim-free year.

How To Purchase Magma HDI Standalone Own-Damage Policy?

Simple steps to buy Magma HDI standalone own-damage car insurance are as follow:

Step 1: Visit the InsuranceDekho website and select the ‘Car’ tab.

Step 2: Enter your car’s registration number. In case you do not know the registration number of the car, you can alternatively enter the make, model, variant, registration year of your car, etc.

Step 3: Provide your personal details without any error. Select the ‘Submit and Get Quotes’ tab.

Step 4: Different quotes from different insurers will be displayed. Choose the Magma HDI car insurance policy from the list. You can also include some add-on covers if you require.

Step 5: Make payment for the Magma HDI car insurance policy quote. Once the payment is made, the policy document will be sent to your registered email ID.