Maruti Car Insurance

Maruti Suzuki was formerly known as Maruti Udyog was founded in 1984. The Indian manufacturer has its headquarters in Delhi and became a subsidiary of the Japanese automobile manufacturer Suzuki Motor Corporation in 1983. They have been at the forefront of automobile production for almost 40 years now. The manufacturer makes affordable cars that are reliable, have great mileage and are overall cheap to maintain. All these factors together make it well suited for those looking for a good value car for everyday commutes.

Maruti Suzuki Car Insurance

Keep in mind that your Maruti Suzuki car will need insurance. Car Insurance will keep your vehicle safe in case of a mishap by providing a layer of protection. Get comprehensive protection for vehicles manufactured by Maruti Suzuki, India's leading automobile manufacturer. These insurance policies typically cover damage due to accidents, theft, natural disasters, and third-party liabilities, along with a range of add-ons like zero depreciation and engine protection. Opting for Maruti Car Insurance ensures that your Maruti vehicle is safeguarded against a variety of risks, providing peace of mind and financial security.

A car is an important asset to us all and a major expense. Hence, keeping it safe is of utmost importance. With insurance, your Maruti Suzuki car will be safeguarded against uncertainties such as road accidents, vandalism, natural and manmade calamities if you have an own damage cover. Moreover, it is compulsory for your Maruti Suzuki car to have at least a third party insurance to drive on Indian roads. This type of cover will compensate for third party liabilities in case of a mishap including bodily injury, death and property damage. If caught without insurance for your Maruti Suzuki car you can be fined Rs. 2,000 and/or be fined for up to 3 months.

The car insurance premium of your Maruti Suzuki will depend on the Insured Declared Value (IDV) of the car. This is the maximum amount of compensation that you can receive from the insurance provider in case of a mishap. The IDV is calculated by deducting the Maruti Suzuki car’s depreciation rate according to its age from the manufacturer’s selling price. You can also purchase add-on covers with your Maruti Suzuki Car Insurance to further increase the strength of your policy. Add-ons are elective and are available with comprehensive plans or standalone own damage covers allowing you to customize your policy to fit your needs. Here are some add-on covers that can be a useful addition to your Maruti Suzuki Car Insurance:

• Zero Depreciation Cover: A zero depreciation cover will help mitigate the depreciation rate of your Maruti Suzuki car during the time of claim settlement. This add-on is available for cars that are less than 5 years old and can be used a limited number of times within the year.
• Consumables Cover: Consumables cover provides coverage for the consumable elements of your Maruti Suzuki car such as the grease, air conditioner gas, bearings, fuel filter, engine oil etc. These aspects are not covered by the insurance policy without this add-on.
• Roadside Assistance Cover: In case your Maruti Suzuki car breaks down with this cover you can enjoy services such as towing to the nearest workshop, on-site repairs and fuel delivery.

Benefits of Maruti Car Insurance

Maruti Car Insurance offers a range of benefits that contribute to the overall protection and peace of mind of car owners. Here are some key advantages of opting for Maruti Car Insurance:

• Comprehensive Coverage: Maruti Car Insurance provides comprehensive coverage for your vehicle, protecting it against a wide range of risks, including accidents, theft, fire, natural disasters, vandalism, and third-party liabilities.
• Cashless Repairs: Maruti Car Insurance often comes with tie-ups with authorised service centres, allowing policyholders to avail of cashless repair services. This streamlines the repair process and reduces the financial burden in case of an accident.
• Hassle-Free Claims Process: Maruti Car Insurance aims to simplify the claims process, making it less time-consuming and complicated. This ensures that you can get back on the road as quickly as possible after an unfortunate incident.
• 24/7 Roadside Assistance: Many Maruti Car Insurance policies offer round-the-clock roadside assistance. This service can include services like towing, flat tire assistance, fuel delivery, and more, ensuring you are never stranded in the middle of nowhere.
• No Claim Bonus (NCB): With Maruti Car Insurance, you can accumulate a No Claim Bonus for each claim-free year. This bonus reduces your premium at renewal, which serves as an incentive for safe driving.
• Customisation Options: Maruti Car Insurance policies often come with various add-ons that allow you to customise your coverage based on your needs. These can include features like zero depreciation cover, engine protection, consumable cover, and more.
• Third-Party Liability Coverage: Maruti Car Insurance fulfils the legal requirement of having third-party liability coverage. This covers the expenses arising from damage caused to a third party's property or injury caused to a third party due to your vehicle.
• Personal Accident Cover: Maruti Car Insurance includes personal accident coverage for the owner-driver, providing financial support in case of accidental death or disability due to a road accident.
• Online Renewal and Purchase: Maruti Car Insurance offers the convenience of online purchase and renewal. This eliminates the need to visit a physical office and allows you to manage your policy from the comfort of your home.
• Customer Support: Maruti Car Insurance usually provides customer support for policy-related queries and assistance. This can be helpful when you need clarification about coverage, claim process, or any other policy-related matter.

How to Check Maruti Car Insurance Renewal?

Car insurance renewal process for Maruti Suzuki cars is a simple and hassle-free process, especially if it is done online. To continue to enjoy the benefits of car insurance, it is compulsory for all the car owners of Maruti cars to renew their car insurance plans on time without any break. Hence, it is highly recommended to get your car insurance policy renewed before its expiry date to ensure your car getting insured and secured.

How to buy / renew Maruti Suzuki car insurance online at the InsuranceDekho platform?

Step 1: Visit the official website of the InsuranceDekho and click on the ‘Car’ tab.

Step 2: Enter the Registration Number of your Maruti car and click ‘Proceed’. Now, choose your Maruti car’s fuel type and variant to move ahead. If you do not know the registration number of your Maruti car, then you should click on the ‘Don't know your car number?’ option and choose your car’s brand, model, variant, fuel type, registration year, registration city and RTO, to proceed.

Step 3: Enter the date of expiry of your last car insurance plan and the name of your previous car insurance company. Also, share if you have raised any claim during the previous policy year and click on ‘Continue’ to move further.

Step 4: Enter your personal details which include your name, mobile number and the time for which you want your car to be insured under a car insurance policy and click on the ‘Submit and Get Quotes’ button.

Step 5: All available car insurance policy premium quotes from different insurance companies will appear on your screen. Compare and choose the car insurance policy quote that best suits your budget and requirements. At this step, you can also select a few add-on covers of your choice.

Step 6: Click on the ‘Buy Now’ tab and confirm all the details entered by you before making the payment to renew your Maruti car insurance plan. You can make the payment for the car insurance plan by using your debit or credit card, digital wallets and net banking facilities. After the successful completion of the payment process, the car insurance plan will be instantly issued and its policy document will be sent to you at your registered Email ID.

How to renew the Maruti Car insurance online through the Maruti website?

Step 1: Visit the official website of the insurance provider you wish to renew with or visit a reliable insurance comparison website.

Step 2: Navigate to the "Renew Car Insurance" section.

Step 3: Enter your existing policy details and provide the required information about your vehicle and yourself.

Step 4: Review the coverage and premium details.

Step 5: Make any necessary changes or selections for add-ons.

Step 6: Proceed to the payment section and choose your preferred payment method.

Step 7: After successful payment, you'll receive a confirmation along with the renewed policy details.

How to renew the Maruti Car insurance offline?

Step 1: Visit the nearest branch or office of your insurance provider.

Step 2: Carry your existing policy documents, vehicle details, and personal identification.

Step 3: Approach a customer service representative and express your intention to renew your car insurance.

Step 4: Provide the necessary information and make any desired changes to your coverage.

Step 5: Pay the renewal premium using the available payment methods.

Step 6: Receive a renewed policy document along with the payment receipt.

Car Insurance Cashless Garage Network for Maruti Cars

(*Claim Settlement Ratio For FY 2018-2019 As Per IBAI’s General Insurance Claim Insights Handbook For Policyholders - 4th Edition)

Claim Cashless Car Insurance for Maruti Cars

If you have Maruti Suzuki car insurance policy, you can get a cashless car insurance claim for it only by getting it repaired at the network garage of the car insurance company. After an accident or a mishap, you should inform your insurance company about the incident immediately to initiate the cashless car insurance process. With this procedure, you can get your Maruti car repaired at an authorised garage after a collision without paying for the repair work as under this process the insurance company tends to bear the repair expenses on the behalf of policyholders after the repair invoice is shared with the insurer.

The cashless car insurance claim is a convenient option for every car owner as it takes away their worry to make a sudden payment for car repair after an accident. The reimbursement claim process needs a duly filled reimbursement form along with several relevant documents, while the cashless car claim requires fewer formalities involved. The cashless claim process is faster as the surveyor sent by the insurer gets involved immediately after the mishap which expedites the process as the repair work can not be started without the approval of the insurance company, which is given on the basis of the report of the surveyor. The insurance companies are tied up with the workshops after they fulfil their quality criteria, due to which you get the best possible repair service for your car.

How to Claim the Cashless Car Insurance for Maruti Vehicle?

Step 1: Contact Your Insurance Provider: In case of an accident or damage to your Maruti car, immediately inform your insurance provider about the incident. This can usually be done through their customer service hotline or online portal. Provide all the necessary details about the incident, including the location and extent of the damage.

Step 2: File a Claim: If the damage is significant and you need repairs, file a claim with your insurance provider. They will guide you through the claim process and provide you with a claim reference number.

Step 3: Claim Intimation: Your insurance provider will guide you through the process of intimating the claim to initiate the cashless repair process. They might require some documents, such as a copy of your driving license, vehicle registration, and the insurance policy itself.

Step 4: Assessment and Survey: After claim intimation, a surveyor appointed by the insurance company will assess the damage to your Maruti car. The surveyor will determine the extent of the damage and estimate the repair costs.

Step 5: Authorisation for Repairs: Once the surveyor's assessment is complete, your insurance provider will provide authorisation to the network garage for repairs. This authorisation allows the garage to start the repair work.

Step 6: Cashless Repairs: Take your Maruti car to one of the authorised network garages associated with your insurance provider. Present the authorisation letter, your vehicle documents, and any other required information to the garage.

Step 7: Repair Process: The authorised garage will conduct the necessary repairs on your Maruti car based on the surveyor's assessment. The repairs will be carried out as per the terms of your insurance policy.

Step 8: Documentation: During the repair process, keep track of all the documentation related to the repairs. This can include repair estimates, bills, and any other relevant paperwork.

Step 9: Approval and Settlement: After the repairs are completed, the authorised garage will seek approval from the insurance company for the work done. The insurance company will review the bills and documentation, and if everything is in order, they will settle the approved amount directly with the garage.

Step 10: Your Contribution: If any deductible or excess is mentioned in your insurance policy, you might need to pay that amount directly to the garage. The insurance company will settle the rest of the repair costs covered by your policy.

Step 11: Collect Your Car: Once the repairs are approved and settled, you can collect your repaired Maruti car from the garage. Ensure that you inspect the repairs and are satisfied with the work before taking possession of the vehicle.

Step 12: Feedback and Closure: Provide feedback to your insurance provider about the claim process and the quality of repairs. This helps them improve their services and maintain customer satisfaction.

By following these steps, you can successfully claim cashless car insurance for your Maruti vehicle, ensuring that any covered damages are repaired conveniently and without upfront payments. Remember to familiarise yourself with your insurance policy's terms and conditions to fully understand the coverage and claim process.

Documents Required to Raise Maruti Car Insurance Claim

To raise a claim for your Maruti Car Insurance, typically, you would need the following documents:

1. Claim Form: Duly filled and signed.

2. Police Report/FIR: In case of theft or serious accidents.

3. Driving License: Of the person driving at the time of the accident.

4. Registration Certificate (RC): Of the insured car.

5. Policy Document: Copy of your insurance policy.

6. Repair Bills: If repairs have been done.

Make sure to check with your insurance provider for any additional documents or specific requirements they may have for the claim process.

Renew Expired Policy for Maruti Suzuki Cars

In a car insurance policy, one of the most crucial elements is its timely renewal. No matter how good your plan is, without renewal, it will not be able to insure your car against unforeseen damages and losses as well as from legal compliance. Generally, car insurance comes with a one year or more policy period, after which it should be renewed till its expiry date or before. However, in case your Maruti Suzuki car insurance policy has expired, fret not, you can still renew it within a grace period of around 90 days, which is provided for the different duration by different insurance companies.

Without active car insurance, you can miss out on several benefits like compensation for losses, No Claim Bonus, legal acceptance, and renewal without inspection. Therefore, even if the policy gets expired, it should be renewed within the grace period of around 90 days, which may vary from insurance company to insurance company. You can renew your expired policy online by entering your car details, choosing a car insurance plan, filling up details about your previous insurance policy, and paying for the final premium. However, you must avoid driving without a valid car insurance policy and should keep all your documents handy for smooth policy renewal.

Maruti Insurance Tie-Up Companies

Maruti Insurance has established tie-ups with various insurance companies to provide comprehensive and tailored insurance coverage for Maruti Suzuki car owners. These tie-ups offer a range of benefits and services to policyholders, making the process of obtaining insurance coverage for Maruti vehicles more convenient and efficient. These tie-ups between Maruti Insurance and various insurance companies aim to create a win-win situation for both parties and Maruti car owners. Car owners benefit from the convenience of having access to reputable insurers with a proven track record. At the same time, the insurance companies gain access to a large customer base of Maruti car owners.

When considering insurance for your Maruti Suzuki car, it's important to review the specific insurance companies tied up with Maruti Insurance and compare their offerings to find the coverage that best suits your needs and preferences.

Conclusion

Whether you drive a new Maruti Suzuki or an existing one, Maruti Car Insurance stands as a dependable partner in times of unexpected events. As with any insurance decision, it's important to carefully review policy terms, compare options, and communicate with the insurance provider to ensure that you make an informed choice that aligns perfectly with your needs and preferences. With Maruti Suzuki Car Insurance, you can drive with confidence, knowing that you're protected by a policy designed with your well-being in mind.