A pioneer in automobile industry, Hyundai Motor Company was established in the year 1967. To cater to the need of Indians, Hyundai Motor India Limited was established as a wholly owned subsidiary of Hyundai Motor Company. Hyundai is the second largest car manufacturer and largest passenger car exporter in India and offers eight car models across segments, each carefully designed to offer nothing but the best. Hyundai Motor Company also boasts of a state-of-the-art manufacturing plant with world class facilities and technologies for production, testing and quality. With constant support from the Indian customers and focus on innovation, Hyundai has constantly been India’s number one exporter for last 10 consecutive years. In India, Hyundai Motor Company has also established a million dollar Research and Development facility to further its excellence in automobile development. With over 1100 service centres and 415 dealers across India, Hyundai Motor Company has a wide footprint.
Hyundai offers a range of car models in India including Verna, Elantra, Santa Fe, Grand i10 and Eon. The quality of these cars and impeccable and a proof to this fact is the sales that Hyundai makes in India. A hands down favorite amongst the Indians when it comes to cars, Hyundai offers comprehensive insurance cover before rolling it out of showroom. A comprehensive car insurance is very important irrespective of the Hyundai car model that you choose. To guard your dear four-wheeler from manmade and natural mishaps, you need an car insurance cover. To be informed about the car insurance schemes for Hyundai cars, you need to compare the policies available in the market and their features also.
Features of Hyundai Car Insurance
- Road Side Assistance
Get roadside assistance for Hyundai cars with roadside assistance. Just call your insurer if you face problems like a flat tyre, breakdown, minor breakdowns and lost keys.
- Comprehensive Car Insurance Cover
All insurance companies offer third party liability cover and comprehensive cover that covers most of the common natural calamities and man-made mishaps. Also, personal accident cover for driver is offered.
- Wide Coverage
Comprehensive motor insurance cover offers compensation for loss or damage to the car caused by the following - malicious act, terrorist activity, burglary, housebreaking, theft, lightning, inundation, flood, earthquake, damage while in transit by lift/elevator/rail.road/waterways, landslide and rockslide.
- Cashless Settlement across all Garages
If your car has broken down in the middle of nowhere and if you don’t have enough cash to get it services, insurance will come to your rescue. Get your car repaired at any of the Hyundai partner garages and avail the benefits of cashless repairing.
- Third Party Liability Cover
If you inadvertently cause damage to a third-party property or vehicle or cause injury and if that third party files a claim against the damage/injury, this cover will offer you the required protection.
- Engine Protection Coverage
It covers the loss or damage caused to the car engine due to unforeseen mishaps. Do enquire with your insurer about this cover to find out if it applies for all Hyundai car models.
Discounts on Hyundai Car Insurance
- No Claim Bonus (NCB)
To reward safe driving, insurance companies have come up with the concept of No Claim Bonus. For every claim free year, you get discount on insurance premiums ranging up to 50%. This benefit is offered for all Hyundai cars by all insurance companies as well.
- Professional Discount
Select insurers offer discounts on premium for customers who work in certain businesses like doctors and for members of Automobile Association of India (AAI).
Car Insurance Partners of Hyundai Cars
The following insurance companies offer various car insurance schemes for Hyundai automobiles.
- United India Insurance Company Car Insurance
- Bharti AXA GI Car Insurance
- ICICI Lombard Car Insurance
- HDFC Standard Car Insurance
- Bajaj Allianz Car Insurance
- Cholamandalam Car Insurance
Also, contact your automobile dealer for more information regarding the scope of policy offered by each insurers and also about the discounts on insurance for Hyundai cars.
Hyundai Car Models Available in India
|Model||On Road Price|
|Hyundai D-Lite (Solid/Metallic)||General: Rs.3.65 Lakhs to Rs.3.69 Lakhs Petrol versions: Rs.3.94 Lakhs to Rs.3.99 Lakhs|
|Hyundai Era (Solid/Metallic)||Petrol versions: Rs.4.11 Lakhs to Rs.4.15 lakhs|
|Hyundai Magna||Petrol versions: Rs.4.46 lakhs to 4.50 lakhs|
|Hyundai Magna + 1.0L||Rs.4.80 lakhs to 4.84 lakhs|
|Hyundai Sportz||Rs.4.79 lakhs to 4.83 lakhs|
|Hyundai New i10 (1.1 Litres) including Hyundai Era, Hyundai Magna and Hyundai Sportz||Rs.4.89 lakhs to Rs.5.54 lakhs|
|Hyundai Grand i10 (1.2 Litres) including Hyundai i10 Era, Hyundai i10 magna, Hyundai i10 Sportz and Hyundai i10 Asta||Rs.5.51 lakhs to Rs.8.06 lakhs|
|Hyundai Xcent Petrol - VTVT SX, Base with ABS and Base||Rs.5.83 lakhs to Rs.8.87 lakhs|
|Hyundai Xcent Diesel including CRDI Base, CRDI Base with ABS and CRDI New||Rs.6.82 lakhs to Rs.9.03 lakhs|
|Hyundai Elite i20 Petrol including Hyundai Era, Hyundai Magna, Hyundai Sportz, Hyundai Asta||Rs.6.30 lakhs to Rs.8.39 lakhs|
|Hyundai Elite i20 including CRDI Era, CRDI Magna and CRDI Sportz||Rs.7.59 lakhs to Rs.8.84 lakhs|
The table above gives a snapshot of on-road price for Hyundai car models. As automobile prices are subject to frequent change, do enquire with your dealer to find out the prevailing on-road price for your favorite Hyundai car model. The final price will be the On-road price plus the costs of Hyundai car insurance and extended warranty.
News About Hyundai Car Insurance
Hyundai announced online bookings for Eon and Santa Fe
Hyundai has announced online car bookings through its website in India. In a statement released on Tuesday, the automaker said that Eon and Santa Fe can now be booked through its website. The website allows you to select the model, variant, color, and the dealership outlet. A token amount is to be paid for booking confirmation. The company has launched the online booking service to provide customers a quick and convenient buying experience. So buying your dream car is now just a few clicks away.
12th May, 2017
Hyundai Elite i20 facelift to hit Indian roads by 2018
Hyundai Motors has added new features to its hatchback model Elite i20. It’s expected to come in dual-tone colors and will be available for a starting price of Rs.5.3 lakhs. Another facelift version of the same model is in the development phase. A spy shot of the new facelift version reveals a significant makeover from the current model. The engines, however, are expected to remain the same. Elite i20 is powered by 1.2 litre petrol, 1.4 litre CRDi diesel and 1.4 litre VTVT petrol engines. The car is expected to compete with Maruti Suzuki Baleno.
8th May 2017
Hyundai India Announces its Plan to Launch New Cars Each Year
Hyundai India recently celebrated the completion of its 20th year in India. The Managing Director of the company, Mr. Young Key Koo, announced that as a part of its innovative strategy for the future, it will launch 2 new cars each year. With its gaining popularity in India, Hyundai aims to boost sales and achieve market leadership. With the launch of the new models, Hyundai India aims to expand its customer base. It to be expected that there will be new car insurance schemes offered specifically for these new Hyundai cars.
16th May 2016
Hyundai to Launch Tucson SUV by August - September 2016
Hyundai is all set to launch two new cars - the Tucson and the all new Elantra in India this year. To test the waters, Hyundai has planned to slot the new Tucson SUV between Hyundai Creta and Hyundai Sante Fe. The new Tucson SUV will compete against Tata Hexa, Mahindra XUV500 and similar cars in the SUV segment. It is important to note that the first generation Hyundai Tucson was launched in 2005 and was suspended in 2010 due to low market demand.
The all new Hyundai Tucson has a wheelbase of 2, 670 cms and comes with a boot capacity of 513 litres. This car is likely to be priced between Rs. 15 lakhs to Rs. 20 lakhs.
f you are planning to buy the Hyundai Tucson, do not forget to get a Car Insurance with it! A comprehensive car insurance policy will go a long way in protecting your car.
13th May 2016
Hyundai Special Edition Xcent and Grand i10 Cars to be Launched Soon
The leading South Korean auto maker, the Hyundai Motor Company, plans to launch special edition versions of the Hyundai Grand i10 and the Hyundai Xcent. This is to commemorate the completion of 20 successful years for the company. The new models will have special features such as new accessories, chrome design, improved entertainment accessories, etc. The Xcent is to come out this month and the Grand i10 will be launched in May. The company also plans to roll out a new and improved Elantra in order to overthrow its competitor – the Toyota Corolla – in the executive car segment. All these new Hyundai cars will be covered under car insurance policies offered by various insurance providers.
6th April 2016
Kia, Hyundai’s Subsidiary, to Enter India
Kia Motors, Hyundai’s subsidiary will make its entry into India very soon. Hyundai, the South Korean automaker, has been a leading automaker in the country competing with companies such as Maruti Suzuki, Toyota, Mahindra & Mahindra, Tata Motors and Renault. Kia sells cars ranging from hatchbacks to compact SUVs. Preliminary work and research has already begun to find appropriate land to set up its factory and to find suppliers. The factory might also be used to manufacture Hyundai models as the factory in Chennai is reaching its maximum output level Kia has been eying the Indian market for a while and has already completed studies and reports. It might take about two to four years before Kia cars hit the market for sale. There will be regulations to abide by and permissions to be granted before Kia can get on the Indian roads. Indian car insurance companies will have to roll out plans for the new cars such as Sportage, Soul and Rio.
28th March 2016
GST Update: GST of 18% is applicable on car insurance effective from the 1st of July, 2017