Securing insurance for your Hyundai Grand i10 is essential to safeguard your investment and ensure peace of mind on the road. With various insurance options available, understanding key features, coverage details, renewal prices, and cost-effective renewal tips is crucial. This guide aims to provide comprehensive insights into Hyundai Grand i10 insurance, helping you make informed decisions and choose the right insurance plan for your car.
Key features of Hyundai Grand i10 insurance
Hyundai Grand i10 insurance policies offer several key features designed to provide comprehensive coverage and peace of mind to owners:
- Customised policies: Tailored insurance plans to suit the specific requirements of Hyundai Grand i10 owners.
- Cashless claims: Enjoy the convenience of cashless claim settlements at authorized Hyundai service centres across the country.
- 24/7 customer support: Access to round-the-clock customer support for assistance and guidance in emergencies or queries.
Hyundai Grand i10 insurance: coverage details
Hyundai Grand i10 insurance typically offers the following coverage options:
- Third-party liability: Mandatory by law, third-party liability coverage protects against legal liabilities arising from injuries or damages to third parties in accidents involving your Hyundai Grand i10.
- Own damage: Optional own damage coverage provides financial protection against damages to your Hyundai Grand i10 due to accidents, theft, fire, or natural disasters.
- Comprehensive coverage: This is a combination of third-party and own damage plans. It provides comprehensive coverage for your Ford car against accidental damages, natural calamities, and third-party liabilities.
- Personal accident cover: This is a mandatory coverage provided along with comprehensive coverage. It offers financial compensation in case of accidental death or disability of the insured driver.
Inclusions and exclusions of Hyundai Grand i10 insurance plan
When considering Hyundai Grand i10 insurance, it's essential to understand the inclusions and exclusions of the insurance plan:
Key inclusions:
- Coverage for third-party liabilities
- Coverage against natural calamities
- Protection against accidental damages
- Personal accident coverage
- Additional benefits (depending on add-ons) such as roadside assistance, zero depreciation cover, and more
Key exclusions:
- General wear and tear
- Mechanical breakdowns
- Damage due to driving under the influence of alcohol or drugs
Factors affecting renewal prices
Several factors influence the renewal price of Hyundai Grand i10 insurance:
- Vehicle age: Older vehicles may have lower renewal prices compared to newer ones due to depreciation.
- Claim history: A history of previous claims can impact the renewal price, with a higher number of claims leading to higher premiums.
- Add-ons: Additional coverage options or add-on covers selected during the previous policy term may affect the renewal price.
- Insured Declared Value (IDV): The Insured Declared Value represents the maximum sum insured in case of total loss or theft of your Ford car. Higher IDV leads to higher premiums as it implies a higher payout in case of a claim.
- Safety features: The presence of safety features such as anti-theft devices, airbags, ABS (Anti-lock Braking System), and immobilizers can help lower the insurance premium by reducing the risk of theft or accidents.
Also read: Hyundai car insurance
How to buy Hyundai Grand i10 car insurance on Bajaj Finance Insurance Mall
Bajaj Finance Insurance Mall offers a convenient platform for you to buy or renew car insurance plans for your Hyundai Grand i10. Choose from plans offered by leading insurance partners and buy the policy in just a few clicks. Here’s how:
Step 1
Click on 'Get Quote' to open the online application form.
Step 2
Enter the vehicle type, car registration number, mobile number, and residential PIN code. Check the terms and conditions and click on the 'Get Quote' button below.
Step 3
Choose the IDV, NCB value, add-on covers, and plan type to get a list of relevant car insurance policies. You need to update your current policy expiry date here.
Step 4
Click on the ‘Buy Now’ button. You will need to add owner-driver personal accident cover mandated by the RTO. Click on ‘Next’ to proceed.
Step 5
Confirm the vehicle registration date and the previous policy type (comprehensive/third-party). Click on 'Proceed'.
Step 6
Enter the vehicle owner's name, date of birth, residential address, and contact number. Also, enter the vehicle engine and chassis number (as mentioned in RC) and previous policy details.
Step 7
Recheck your previously filled details and make the payment through your preferred online payment mode. You can use net banking, UPI, or credit/debit card to complete the application process.
How to renew Grand i10 insurance
Renewing Hyundai Grand i10 insurance is a simple process. Here’s a step-by-step guide:
- Policy renewal reminder: Keep track of your policy expiry date and ensure timely renewal to avoid any lapses in coverage.
- Initiate the renewal process: Visit the insurer’s website or any other insurance marketplace website to initiate the renewal process. You can also renew your Grand i10 insurance policy from Bajaj Finance Insurance Mall.
- Provide basic details: Provide the necessary details, including some personal details, vehicle details, and previous policy details.
- Choose your preferred policy: Choose the insurance provider and the policy you wish to buy to renew your coverage. You can also continue with your existing plan.
- Premium Payment: Pay the renewal premium online using your preferred payment method.
- Policy Issuance: Upon successful payment, the renewed insurance policy will be issued and sent to your registered email address.
