Ford Figo Car Insurance

Protect your Ford Figo with comprehensive car insurance. Compare quotes, choose the right plan, and enjoy peace of mind. Get instant online insurance quotes and policies.
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3 min
03-September-2024
The Ford Figo is a popular hatchback in India, known for its stylish design, reliability, and affordability. With Ford Figo, owners enjoy an excellent balance of comfort, performance, and economy. However, owning a car also comes with responsibilities, including ensuring that your vehicle is well-protected with the right car insurance. Ford Figo car insurance is essential for safeguarding your car against accidents, theft, and unforeseen incidents. In this article, we’ll explore the various insurance options available for Ford Figo owners.

What is Ford Figo car insurance?

Ford Figo car insurance is a policy designed to protect your vehicle financially in the event of accidents, theft, damage, or third-party liabilities. It typically includes coverage for damages to your Ford Figo, personal injuries, and third-party damages. Depending on your needs, you can opt for comprehensive coverage, which protects against a wide range of risks, or a more basic third-party insurance, which is mandatory under Indian law.

Why choose Ford Figo car insurance?

Choosing Ford Figo car insurance ensures peace of mind when you’re on the road. Here are a few reasons why you should consider getting the right insurance policy for your Ford Figo:

  • Protection against accidents: Whether it’s a minor fender-bender or a major accident, insurance provides financial coverage for repair costs.
  • Theft protection: In case of car theft, the right insurance policy will compensate for your loss.
  • Legal compliance: It’s mandatory by law to have at least third-party car insurance.
  • Cost efficiency: Avoid the burden of heavy repair bills or third-party claims by investing in the right insurance coverage.

Types of Ford Figo car insurance policies

Different types of car insurance policies are available for the Ford Figo, each offering varying levels of coverage:

Policy TypeCoveragePremium
Comprehensive InsuranceCovers damage to your car, theft, personal injury, and third-party liability.Higher premium due to extensive coverage.
Third-Party InsuranceCovers only third-party liabilities (damage caused to another vehicle/person) and is mandatory by law.Lower premium but limited coverage.
Standalone Own-Damage InsuranceCovers damage to your car only, not third-party liability.Premium depends on vehicle value and risk factors.


Ford Figo car models and insurance price

Car insurance premiums vary based on different factors. The own damage insurance premium is determined by the insurer, considering factors like cubic capacity (CC), make, model, variant, fuel type, RTO location, claim history, and various other factors. or an estimated third-party premium cost on your Ford Figo car insurance, consult your insurance provider.

Key features and benefits of Ford Figo car insurance

Some of the key features and benefits of Ford Figo insurance include:

  • Comprehensive coverage: Protection against a wide range of risks.
  • Cashless repairs: Network garages offering cashless repair services.
  • 24/7 assistance: Round-the-clock roadside assistance.
  • No Claim Bonus (NCB): Discount on premium for claim-free years.
  • Add-on covers: Customizable add-ons like engine protection, return to invoice, and more.

Car insurance add-ons you can consider

Additional coverage options, known as add-ons, can be purchased alongside a comprehensive car insurance policy for your Ford Figo. Here are some of the add-ons available for purchase:

  • Zero depreciation cover: Ensures full reimbursement for repairs without factoring in depreciation during claim settlements.
  • Engine protection cover: Provides coverage for the repair or replacement of the engine in the event of damages caused by accidents or water ingression.
  • Roadside assistance: Offers aid in emergencies such as breakdowns, flat tires, fuel shortages, or towing services.
  • Return to invoice: Guarantees reimbursement of the invoice value of your car in case of theft or total loss.
  • Personal accident cover: Extends coverage to passengers in the vehicle, providing financial protection in case of accidents resulting in death or disability.
  • No-Claim Bonus protection: Safeguards your accumulated no-claim bonus in the event of a claim, allowing you to retain the discount on your premium.
  • Consumables cover: Covers the cost of consumable items such as engine oil, coolant, nuts, bolts, etc., during repairs.
  • Invoice price cover: Ensures reimbursement of the invoice price of your car in case of total loss or theft, including registration and road tax.

How to renew Ford Figo car insurance?

Renewing your Ford Figo car insurance is essential to maintain continuous coverage:

  • Check renewal date: Be aware of your policy's expiration date.
  • Review coverage: Assess if you need to adjust your coverage or add any riders.
  • Get a quote: Request renewal quotes from your current insurer and others.
  • Make payment: Pay the renewal premium online.
  • Receive confirmation: Obtain the renewed policy document.

Documents required in the claims process

Here is the list of documents you may need while filing a claim for your car insurance policy:

  • Copy of the registration certificate (RC) of your vehicle
  • Copy of your driving licence
  • Policy document
  • Description of the incident and photographs of the vehicle (if possible)
  • First Information Report (FIR) in case of theft, injuries to any third party or damage to their property
  • The original keys to the vehicle
  • RTO transfer papers duly signed with Form 28, Form 29 and Form 30
  • No Trace Report from the police in cases of theft of the vehicle
  • The original bills for the repairs of the car to claim the four-wheeler insurance policy
Note: Check with your insurer in case you require more documents depending on the nature of the claim.

Ford Figo car insurance is an essential investment that provides financial security, protects against legal liabilities, and offers peace of mind. By choosing the right insurance plan, you ensure that your Ford Figo is covered against a wide range of potential risks. Whether you opt for comprehensive coverage or third-party insurance, regular renewal and understanding the claim process will help you get the most out of your policy.

Frequently asked questions

What does comprehensive car insurance cover for Ford Figo?
Comprehensive insurance covers damages to your Ford Figo from accidents, theft, natural disasters, and third-party liabilities. It provides extensive coverage beyond mandatory third-party insurance.

What is a No Claim Bonus (NCB)?
A No Claim Bonus (NCB) is a discount offered on your premium for each year you do not file a claim. It accumulates yearly, providing up to a 50% discount after five claim-free years.

Is roadside assistance included in the policy for Ford Figo?
Yes, most insurers offer roadside assistance as an add-on feature to your Ford Figo car insurance policy. This covers services like towing, on-site repairs, and emergency fuel delivery.

How do I make a claim if my car is stolen?
To make a claim for a stolen Ford Figo, file an FIR with the police and notify your insurance provider immediately. Submit all relevant documents, including the FIR, to your insurer for the claim to be processed.

Can I transfer my existing policy to a new car?
Yes, you can transfer your existing insurance policy to a new car. Contact your insurance provider to initiate the transfer process, and they will adjust the policy terms based on the new vehicle.

What documents are required for a claim for Ford Figo?
Documents typically required for a claim include the insurance policy, FIR (in case of theft), vehicle registration certificate, driving license, and repair bills for damages.

How is the premium for car insurance calculated?
The premium for Ford Figo car insurance is calculated based on factors like the car’s age, model, engine capacity, coverage type, add-ons, and the driver's claim history.

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