Maruti Suzuki Car Insurance

Buy car insurance policies for your Maruti Suzuki car online. Check plans, coverage details, and steps to buy online.
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Maruti Suzuki Car Insurance
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3 mins
14-May-2024

Maruti Suzuki is one of the most popular car brands in India. The company has been providing affordable, reliable, and fuel-efficient cars for many years and gained a loyal customer base. While you have bought your favourite car, it is important to secure your prized possession against any unforeseen risk. Get the required insurance coverage for your car with Maruti Suzuki insurance.

About Maruti Suzuki India Limited

Maruti Suzuki India Limited is a leading car manufacturer in India. It was founded in 1981 and has since become a household name, known for its reliable and affordable cars. The company offers a wide range of cars, from small hatchbacks to full-sized SUVs, catering to all kinds of customers.

Read on to know more about Maruti Suzuki car insurance, including the premium calculator, add-ons, and renewal process.
Maruti car insurance covers damages caused to the insured car and third-party liabilities. 

Types of Maruti Suzuki car insurance

There are primarily three types of Maruti Suzuki car insurance policies:

Comprehensive insurance

Comprehensive car insurance is the most popular type of insurance policy for Maruti Suzuki cars. It provides coverage against damages caused to your car and third party. It covers damages due to accidents, natural calamities, theft, fire, and other perils.

Third-party liability insurance

Third-party insurance covers only damages caused to third-party vehicles or their property. It does not offer coverage for damages caused to your own car.

Own-damage insurance

An own damage car insurance policy for Maruti Suzuki covers damages caused to the insured car/policyholder’s car. It covers the car against damages caused due to accident, theft, natural or man-made calamities. This type of car insurance does not cover third-party liabilities.

Benefits of Maruti Suzuki Car Insurance

The Maruti Suzuki Car Insurance offers several benefits that cater to the diverse needs of car owners. Here are some compelling reasons to opt for Maruti Suzuki Car Insurance:

  • Comprehensive coverage
    Enjoy extensive coverage against damages caused by accidents, theft, natural disasters, fire, and more, ensuring peace of mind on the road.
  • Cashless repairs
    Access a wide network of authorized garages where you can avail cashless repairs for your Maruti Suzuki vehicle, streamlining the claims process and minimising out-of-pocket expenses.
  • 24/7 roadside assistance
    Receive prompt roadside assistance services round the clock, including towing, battery jump-start, flat tire assistance, and emergency fuel delivery, ensuring you're never stranded on the road.
  • Personal accident cover
    Ensure financial protection for yourself and your passengers with a personal accident cover, offering compensation in case of accidental injuries or fatalities.

Popular Maruti Suzuki car models with insurance price

Maruti Suzuki offers a wide range of car models to suit different budgets and needs. Below are some popular Maruti car models with their respective minimum Maruti Suzuki insurance premiums (approximate amount for one year):

Car models

Insurance price (starting at)

Maruti Suzuki Alto

Rs. 2,094

Maruti Suzuki Wagon R

Rs. 2,094

Maruti Suzuki Swift

Rs. 3,146

Maruti Suzuki Baleno

Rs. 3,146

Maruti Suzuki Dzire

Rs. 3,146

Maruti Suzuki Brezza

Rs. 3,146


Note: The Maruti Suzuki car insurance price depends on the car’s engine CC and is subject to change.

Maruti Suzuki car insurance premium calculator

Use the Maruti car insurance premium calculator online to estimate the premium for your insurance policy. To use the calculator, you need to enter the following details:

Insured Declared Value (IDV):

The higher the IDV, the higher the premium. The IDV also sets the coverage limit.

Age of the car:

Older cars have higher premiums than newer ones.

Engine capacity:

Cars with larger engines will have higher premiums. The insurance rates vary as per the engine CC.

Add-ons:

The premium amount will increase if you opt for add-ons like zero-depreciation cover, engine protector cover, etc.

Inclusions of Maruti Suzuki car insurance

Here’s what Maruti Suzuki car insurance covers.

Accidental damage

Maruti Suzuki car insurance covers damages caused to the insured car due to an accident.

Theft

In case of theft or loss of the car, Maruti Suzuki car insurance covers the value of the car or the cost of repairs.

Third-party damages

The policy also covers the car owner against any legal liability for third-party damages.

Personal accident cover

Maruti Suzuki car insurance also covers the car owner against any personal accidents that may occur while driving the car.

Add-ons

The premium amount will increase if you opt for add-ons like zero-depreciation insurance cover, engine protector cover, etc.

Exclusions of Maruti Suzuki car insurance

Here’s what Maruti Suzuki car insurance does not cover.

  • Maruti Suzuki car insurance does not cover the car owner in case of an accident caused while driving under the influence of alcohol or drugs.
  • The policy also does not cover damages caused due to reckless driving or racing.
  • The policy does not cover accidents caused by unlicensed drivers or drivers with a suspended licence.
  • Maruti Suzuki car insurance does not cover regular wear and tear to the car.

Add-ons for your Maruti car insurance

You can avail of several add-ons on your Maruti Suzuki car insurance policy. Here are some popular add-ons for Maruti car insurance:

  • Zero depreciation cover:
    This add-on cover entitles you to claim the full cost of repairing or replacing damaged car parts without any depreciation deduction.
  • Return to invoice cover:
    It ensures you get compensation equal to the car’s invoice value in case of total loss or theft.
  • Engine protector cover:
    This covers damages to the car's engine and its components due to water ingress or oil leakage.
  • Roadside assistance cover:
    This add-on cover provides a 24x7 assistance facility in case of breakdown, battery jump-start, fuel supply, or flat tyre. You can also avail of towing services.
  • Consumables expenses cover:
    This cover reimburses the cost of consumables such as nuts and bolts, engine oil, and brake oil used during repair work after an accident. It can help you save money on repair expenses.
  • Garage cash cover:
    This cover provides a daily cash allowance to cover your transportation costs while your car gets repaired in a garage after an accident.
  • NCB protection cover:
    No Claims Bonus (NCB) is a discount given to policyholders if they do not make any claims during a policy period. But in case you need to raise a car insurance claim, this add-on cover will ensure your NCB remains intact. This means your discount will not get affected even if you make a claim during the policy period.
  • Key protection cover:
    This cover is helpful in the case of lost or stolen car keys. It reimburses the cost of replacing them, which can be expensive, especially for high-end cars with electronic keys.
  • Tyre secure cover:
    This add-on covers the cost of repairing or replacing tyres that have got damaged due to road accidents or other incidents. It can help you save money on expensive tyre replacements.
  • Repair of glass fibre and plastic parts cover:
    This cover is useful for cars that have expensive aftermarket parts or body kits made of glass fibre or plastic. It covers the cost of repairing or replacing these parts.
  • Loss of personal belongings cover:
    This cover reimburses the cost of replacing any personal items that have been lost or stolen from your car or damaged due to an accident.

Why is having a car insurance for your Maruti car important?

If you own a Maruti car, having a car insurance policy is extremely important. Car insurance not only provides financial security in case of accidents, damage, or theft but also offers peace of mind while driving. The legal requirement of car insurance makes it even more necessary to get one for your Maruti car today.

How to buy a Maruti Suzuki car insurance policy online?

You can buy insurance policies for Maruti Suzuki cars online easily. Simply visit the insurance provider's website, compare different policies, calculate the premium, and purchase the policy online. Make sure to provide accurate details while buying the policy for a smooth claim process in the future.

You can also buy car insurance policies for your Maruti Suzuki car by visiting the Bajaj Finance Insurance Mall. Bajaj Finance Insurance Mall lists top car insurance plans from leading insurers under one platform. Here are the steps:

Step 1: Visit Bajaj Finance Insurance Mall and view the Maruti car insurance plans offered by leading motor insurance companies.

Step 2: Click on 'Get Quote’ to open the online application form.

Step 3: 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 4: Choose the IDV, NCB value, add-on covers, and plan type to get a list of relevant policies. You need to update your current policy expiry date here.

Step 5: 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 6: Confirm the vehicle registration date and the previous policy type (comprehensive/third-party). Click on ‘Proceed’.

Step 7: Enter the vehicle owner’s name, date of birth, residential address, and contact number. Also, enter the vehicle engine and chassis number (as per the RC) and previous policy details.

Step 8: Review your previously filled details and make the payment through your preferred online payment mode. You can use net banking, UPI, credit/debit card to buy the policy.

Maruti Suzuki car insurance renewal

You can easily renew your Maruti Suzuki insurance policy online or offline.

Follow these steps for Maruti Suzuki insurance renewal:

  • Visit the insurance company's website and enter your car's registration number.
  • Fill in the required details about your car and choose the type of insurance policy you want to renew.
  • Pay the premium amount online using net banking, credit card, or debit card.
  • You will receive the policy document via email.

For Maruti Suzuki insurance renewal offline, visit the insurance company's office and fill in the renewal form. Pay the premium amount in cash or cheque, and the policy document will get renewed.

Easy steps to claim Maruti Suzuki car insurance

You can opt for cashless claim process or get the amount reimbursed, in case of any damage to your Maruti Suzuki car. If you buy the policy offered through Bajaj Finance, you can refer to the steps below to claim benefits:

  • Inform the insurance company
    Report car damages promptly through toll-free number, email, or customer care.
  • Register claim
    Provide vehicle, incident, and contact details for reimbursement.
  • Document damages
    Capture pictures and gather necessary documents, including repair estimate, bills, and receipts.
  • Get vehicle repaired
    Choose any garage for repairs and settle the repair bill independently.
  • Submit claim
    After repairs, submit the reimbursement claim with required documents to the insurance company.
  • Claim settlement
    Upon document verification, the insurance company settles the reimbursement claim per policy terms.
  • Hassle-free process
    Follow these steps and submit all necessary documents to reimburse car repair bills without complications.

Important documents required for your Maruti car insurance claim

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

  • Copy of the registration certificate (RC) of your vehicle
  • Copy of your driving licence
  • Policy number
  • 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 a four-wheeler insurance policy.
  • Any other document that the insurance company demands.

Maruti car insurance provides essential coverage for damages caused to your car and third-party liabilities. It is important to choose the right type of insurance policy and add-ons to ensure complete protection. With comprehensive coverage and affordable premiums, Maruti Suzuki car insurance is a reliable choice for car owners in India.

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Frequently asked questions

How long does it take to renew a Maruti Suzuki car insurance?

You can easily renew the Maruti car insurance online in just a few clicks. Visit the insurance provider’s website, enter your policy details, and renew the plan by making an online payment. You will receive the policy documents immediately on your registered email ID. You can also visit the insurance company’s branch office to renew the policy offline.

Can I include zero depreciation add-on cover in the Maruti car insurance plan?

Yes, you can include a zero-depreciation add-on cover in your Maruti car insurance plan. This add-on cover provides complete coverage for your car's parts and accessories without any depreciation deduction. It is especially beneficial for cars less than five years old or if you live in an area prone to accidents or natural calamities.

Do I get a No Claim Bonus on my Maruti Suzuki car insurance policy?

Yes, you get a No Claim Bonus (NCB) on your Maruti Suzuki car insurance policy if you do not make any claims during the policy period. Starting with 20% NCB each year, you can accumulate up to 50% NCB over five years for zero claims. You can avail the NCB as a discount on the premium amount at the time of renewal.

What documents do I need to file a Maruti Suzuki car insurance claim?

To file a Maruti car insurance claim, you need to submit the following documents:

  1. Filled claim form
  2. Copy of the insurance policy.
  3. Copy of the car’s registration certificate.
  4. Driving licence of the person driving the car at the time of the accident.
  5. FIR (First Information Report) from the police if required.
  6. Estimate of repairs from the garage where the car gets repaired.
  7. Original repair invoice and payment receipt.
Why should I buy a comprehensive car insurance for a Maruti Suzuki car?

A comprehensive car insurance policy provides financial protection in case of accidents, damage, or theft to your Maruti car. It also offers coverage for third-party liability, complying with the legal requirement. A comprehensive car insurance policy for your Maruti car gives you a complete financial security, providing you with peace of mind when driving.

Which add-ons can I buy for my Maruti car?

Some popular add-ons that you can buy for your Maruti car include consumables expenses cover, garage cash cover, NCB protection cover, key protect cover, tyre secure cover, and more. Remember to evaluate your specific needs and select the add-ons that best suit your requirements.

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