Magma HDI Own Damage Car Insurance
- CASHLESS GARAGES 4,000
- CLAIMS SETTLED 97.10%
- Covers Third Party Person
- Covers Third Party Property
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Magma HDI Standalone Own-Damage Car Insurance Policy
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
Magma HDI Third Party Car Insurance
Magma HDI Standalone Own-Damage Car Insurance
Magma HDI Comprehensive Car Insurance
Third-party car insurance by Magma HDI is designed to take care of third party liabilities only. It covers your financial liabilities towards the third party for their bodily injuries, death and property damage.
Standalone own-damage car insurance by Magma HDI is meant to cover the expenses arising out of damages sustained by your car in a mishap or an accident. Also, it gives NCB benefits for every claim-free year.
A comprehensive car insurance plan by Magma HDI is a complete coverage plan. It takes care of third party liabilities as well as own-damage expenses under a single amount of premium. It also brings an optional personal accident cover with it.
Magma HDI third party cover does not offer any type of add-on cover.
Magma HDI standalone own-damage cover offers different types of add-on covers.
Magma HDI comprehensive plan provides a range of add-on covers.
Magma HDI third party car insurance is available at the lowest price due to its limited coverage.
Magma HDI standalone own-damage car insurance is available at a higher price.
Magma HDI comprehensive car insurance plans are the costliest as they give complete insurance coverage.
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.
Benefits of Magma HDI Standalone Own-Damage Policy
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.
Explore Magma Car Insurance
Must Read Articles before buying Magma Car Insurance
- Read this article to find out what are the factors that have an impact on the cost of your car insurance premium when you purchase it with Magma Gener
- Purchasing insurance for your car is important as per the law. Read this article to know what to do if your Magma HDI car insurance policy gets lapsed
- You might be confused either car insurance covers windshield damage or not? Learn more.
- Bought a new Car? The Return to Invoice Cover may be a prudent purchase for you. Read this article to find out why.
- Small repair claim add-on helps for minor damages which is affordable without disrupting the accumulated no claim bonus component.
Magma Car Insurance User Reviews
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- Instant policy # within 5 mins
- More than 45 Lac happy customers
- Claim Support available all 7 days of the week
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