Maruti Insurance Broking Private Limited are insurance dealers authorized by the Insurance Regulatory and Development Authority of India (IRDA). They check all your auto insurance requirements on a single window notion and are reputed for their client centric method. Maruti Insurance provides special Motor Insurance products and services from topnotch insurance organizations like National Insurance, Bajaj Allianz, ICICI Lombard, New India Assurance, Iffco-Tokio, and Royal Sundaram.
Maruti Car Specials
The Maruti Suzuki Alto 800 is a dream to drive on Indian roads. Thee latest version of the car has an edgy design that gives it a sporty look. With sharp external features, stunning colours, and ergonomically designed spacious interiors, the car is a treat for the eyes. The vehicle also offers better fuel efficiency for a smooth driving experience.
If you are looking to own an Alto 800, then you should read about how you can get it insured with the most appropriate car insurance plan. This page provides you all that and much more.
Why Choose Maruti Car Insurance?
You can claim for almost 100 percent amount you had to shell out for repairs due to motor accidents. With a pan-India network of Maruti Suzuki service centres, Maruti Suzuki service stations are fully equipped with advanced amenities and infrastructure and first-rate mechanics. In short, superior quality with repairs, replacement with original spare parts and service from highly skilled technicians are guaranteed.
Maruti Insurance also makes sure of outstanding customer care with utmost objectivity and transparency. This is why more than 90 percent buyers of Maruti Suzuki choose to purchase a Maruti Insurance Plan for their vehicle.
Maruti Car Insurance Partners
Do you own a Maruti car? Then you are in for a pleasant surprise.
Maruti Insurance is affiliated with some of country’s premier insurance carriers such as
- Bajaj Allianz, ICICI Lombard,
- Iffco Tokio General Insurance
- National Insurance,
- New India Assurance
- Royal Sundaram
Now you have more flexibility in choosing the covers (personal accident cover, third party liability cover etc.) you want at fabulous discounts.
Benefits & Features Of Maruti Car Insurance
- Repair damages due to accidents almost for free
- Unified services across the country
- Stress free, objective and transparent settling of claims
- Superior repair work at approved dealer garages
- Free towing facility with dealer assistance
- Instant & easy transfer of no claim bonus
- Prompt issuance of policy
Any damage caused by accident can be repaired in any of the Maruti Suzuki Service Station in the country. Nearly all the expenses will be borne by the insurance company. You need to pay only the essential extra charges and relevant reduction according to the current motor tariff rates and leave with your car as good as new. The remaining amount can be settled directly between the mechanic and the insurance provider.
Similar to ‘Free Roaming Charges’ offered by some mobile companies, you can avail the services of a Maruti Insurance Service Centre anywhere in India. These products and services comprise of getting new auto insurance policy, implementation of renewals, authorization issuance and claim disbursement.
Maruti Insurance guarantees you a trouble-free and reasonable claim settlement. Whatever is owed by default, is funded by the insurance firm. The client is not required to bear any unwarranted differential expenses of repair, restoration or replacement. Every transaction is totally transparent. No troubles over individual involvement or following up with inspectors from the insurance company. There shall be no inconvenience of depositing the remainder with insurance company too. There will be no compromise on any of the services offered.
With Maruti Insurance you don’t compromise on the quality of repairs as you are not forced to go to a roadside workshop. The damaged vehicles are repaired at Maruti authorized dealer workshops that are equipped with the best facilities and infrastructure. This ensures quality repairs with Maruti Genuine spare parts and trained technicians.
Hauling assistance is given for taking your car to the dealer garage, in case the car is damaged beyond mobility after a mishap. This feature is obtainable free of cost up to INR. 1500. This limit can be augmented at client preference by shelling out additional premium at the time policy was issued.
If you wish to renew with Maruti Insurance for the first time and has not filed for a claim in the first year, you are rewarded with a No Claim Bonus (NCB). This amount can be transferred to Maruti Insurance policy premium as you renew your policy.
The policyholder does not need to wait for the insurance papers, even if it at times takes weeks to get them transported from the insurance firm. You can download it directly from the official website by entering your policy details.
Maruti car insurance renewal
You can renew the auto insurance policy of your Maruti car at the official website of Maruti Insurance Broking Private Limited. The online policy renewal facility is hassle-free and convenient. Maruti Insurance also promises that the process is highly secure, as the company employs stringent security measures when dealing with personal information.
For online policy renewal, you will have to provide the following information on the online form:
- Your name
- Mobile number
- Email ID
- Car’s registration number
Once you submit the form, a customer service representative will get in touch with you to guide you through the subsequent processes. In case you need to speak to the customer support centre, you can dial their toll-free number.
Maruti car insurance endorsements
A car insurance endorsement is a change or a correction made to the existing policy that can result in an increase in premium. An endorsement is required when there is a change in the car ownership, increase in insurance cover, change in the geographical location, addition of a CNG/LPG kit in the vehicle, removal or addition of accessories, etc. The insurer does not make the changes in the original policy document. Instead, an Endorsement Certificate is added to the policy documentation.
Endorsements are of two types:
- Premium bearing endorsements - The changes corresponding to a premium bearing endorsement and the documents required for the same are indicated in the table below:
|Type of change||Documents required|
|Car ownership transfer||
|Correction of ex-showroom price of the car||
|Inclusion of a CNG/LPG kit in the vehicle||
|Increase in the personal accident cover||
|Installation or removal of an anti-theft device||
|Inclusion or exclusion of electrical accessories||
|Inclusion or exclusion of non-electrical accessories||
|Extension of the geographical limit. The geographical area may be altered to include Bhutan, Bangladesh, Nepal, Maldives, Sri Lanka, or Pakistan||
|If the policyholder takes membership in any recognised automobile association, then this endorsement is required. It is also needed when the policyholder’s existing membership is revoked or expires||
|Endorsement for participation in rally (Package policies do not usually offer this coverage)||
- Non premium bearing endorsements - The changes corresponding to a non premium bearing endorsement and the documents required for the same are indicated in the table below:
|Registration number correction||
|Correction in the type of customer (for instance, changing the type of customer from individual to firm)||
|Correction in the name of the customer, prefix, or corporate name||
|Correction in the customer’s city, address, or gender||
|Changes including addition or cancellation in the hire purchase agreement, hypothecation agreement, or lease agreement||
|Correction made to the details of the nominee||Request letter from the policyholder|
|Change in the mobile number or other contact details of the policyholder||Request letter from the policyholder|
In order to get an endorsement in your Maruti car insurance policy, you can contact Maruti Insurance Broking Private Limited at its toll-free number.
Maruti car insurance claim process
Maruti Insurance ensures that claims raised by customers are taken care of within the shortest timeframe. In the event of cashless claims, the policyholder is only required to pay the compulsory excess and depreciation element, while the insurer settles the rest of the amount directly with the network garage.
Maruti Insurance proactively follows up with insurers and service stations to ensure that all repair work is done in an expedited manner. Hence, the customer gets a smooth claim settlement experience.
In order to contact Maruti Insurance for claims, you can call the company’s toll-free number or contact the dealership from where the car was purchased. Alternatively, you can visit the nearest Maruti Suzuki authorised garage for the repair work, and the garage will get in touch with Maruti Insurance.
The steps involved in a claim settlement process with Maruti Insurance are as detailed below:
- The policyholder intimates the claim to the insurance company. The network garage prepares estimates for the repair work.
- Surveyor appointment is done, followed by vehicle inspection and loss assessment. After this, the surveyor gives a go-ahead for the repair work.
- The workshop will undertake repairs of the vehicle following the approval of the surveyor.
- The surveyor will examine the repair work done. Following this, the vehicle will be delivered.
- The insurance company will settle the claim based on the surveyor’s report.
A team of experienced professionals from Maruti Insurance will help the policyholder throughout the claim process. They will offer assistance in filing the claim in the required manner.
Types of auto insurance you can take for your Maruti car
There are two types of motor insurance, and you can opt for any one of these for your Maruti car:
- Liability only policy - Also referred to as the third-party liability insurance, this insurance cover is mandated by the Motor Vehicles Act 1988 for all vehicles on Indian roads. This insurance covers the bodily injury or death of a third party in an accident involving the insured car. It also provides coverage for damage to third-party property in the accident.
- Comprehensive policy - This insurance covers loss or damage to the insured vehicle. It also offers coverage for bodily injury or death of its owner driver. Additionally, this insurance offers third-party liability cover. A comprehensive car insurance policy is also referred to as a package policy.
In addition to accident coverage, the own damage (OD) part of the comprehensive car insurance also protects the vehicle against the following:
- Lightning, fire, self-ignition, or explosion
- Riots, malicious activities, terrorism, strikes, etc.
- Theft or burglary
- Storms, earthquakes, floods, landslides, etc.
The exclusions in comprehensive motor insurance are as follows:
- Mechanical or electrical breakdowns
- Normal wear and tear of the car
- Damage to the tyres, unless the car is also damaged
- Driving the car without a valid driving license
- Driving under the influence of drugs or alcohol
- Using the vehicle for illegal activities
- Using the car outside the geographical limits mentioned in the policy
- Using the car for hire, carriage of goods, pace making, racing, or speed testing
- Nuclear perils or war
What affects the premium of your Maruti car insurance?
The premium of a Maruti car insurance policy depends on the following factors:
- Insured Declared value of the car
- Cubic capacity
- Geographical zone
- Age of the car
You can also opt for add-on covers to amplify the coverage of your auto insurance. Add-on covers will have to be bought by paying extra premium to the insurer.
How does the insurance company determine the sum insured?
The sum insured is determined at the inception of the policy. This is also referred to as the Insured Declared Value (IDV) of the vehicle. The IDV is the car manufacturer’s listed selling price of the vehicle minus depreciation based on the car’s age. Some insurers also take into account the accessories in the car to determine its final IDV.
NCB on your Maruti car insurance
No Claim Bonus (NCB) is a benefit offered by an insurance company to a policyholder for not making any claims in a policy year. This benefit can amount to a reduction in premium at the time of car insurance renewal. The amount of NCB a policyholder accrues increases with each passing claim-free year. The maximum NCB that can be accumulated is 50% of the own damage premium of the car insurance.
- Car Insurance for Alto K10
- Car Insurance for Maruti Suzuki Eeco
- Car Insurance for Maruti Suzuki Celerio
- Car Insurance for Maruti Suzuki Alto 800
- Car Insurance for Maruti Suzuki Ciaz
- Car Insurance for Maruti Suzuki Swift Dzire
- Car Insurance for Maruti Suzuki Ertiga
- Car Insurance for Maruti Suzuki Omni
- Car Insurance for Maruti Suzuki Ritz
- Car Insurance for Maruti Suzuki Stingray
- Car Insurance for Maruti Suzuki Grand Vitara
- Car Insurance for Maruti Gypsy
Maruti Insurance FAQS
- What are covered under Maruti Insurance?
- How can I get my car insured via Maruti Insurance?
- Is it compulsory to insure my car?
- Can my insurance policy be issued for less than one year?
- What must I do with the policy after getting the same?
Every Maruti car not more than 10 years old are covered.
Maruti Insurance is accessible through the website of Maruti Insurance Broking Private Limited. You can visit the company’s website or call the toll-free customer care number to get in touch with them.
Definitely. According to Motor Vehicle Act, it is mandatory to have an auto into insurance to drive a car in public without a Third Party Insurance with Liability Only cover.
No, Maruti Insurance only provides policies for one full year.
Keep the insurance papers in your car at all times as per the Motor Vehicle Act (1988).
News About Maruti Car Insurance
Launch of Maruti Suzuki Ignis Alpha at an attractive price tag of Rs.7.01 lakh
Maruti Suzuki India has been working on the two-pedal technology for a while now. The company had introduced the Auto Gear Shift (AGS) technology in the Maruti Dzire and now the Maruti Ignis Alpha will be equipped with it as well. The petrol variant of the Maruti Ignis Alpha will cost you Rs.7.01 lakh (ex-showroom, Delhi), whereas the diesel variant will be priced at Rs.8.08 lakh (ex-showroom, Delhi).
The company stated that the premium urban compact car, Maruti Ignis, has been developed to target the millennial customers. It also said that the AGS technology has been widely appreciated by customers and it contributes to 27% of the sales of Ignis Delta and Zeta trims. The top trim, Ignis Alpha will also benefit from the AGS technology going forward.
The two-pedal technology offered by the car maker has been a landmark innovation in the automobile industry as well, making the vehicles equipped with it more fuel efficient and affordable than those with manual transmission.
The petrol version of the Ignis Alpha has a 1.2 litre engine that develops a maximum power of 81 bhp at 6000 rpm and a peak torque of 113 Nm at 4200 rpm. The diesel variant of the car has a 1.3 litre DDiS 190 unit that generates top power of 74 bhp at 4000 rpm and maximum torque of 190 Nm at 2000 rpm.
4th August 2017
Launch of Maruti Suzuki NEXA premium service centre in Gurugram
Maruti Suzuki has launched its first NEXA workshop in Gurugram, Haryana. The outlet will introduce improved methods of servicing and vehicle repair. This digital mode of servicing will enhance productivity and offer a new kind of experience to the customer.
Although the repair work done at the NEXA workshop will be 10% more expensive than that at ordinary service centres, the service time taken will be reduced by around 50%.
The NEXA chain was launched by Maruti Suzuki in 2015 to provide premium products in plush outlets. The NEXA workshops also aim to offer premium services using cutting-edge technology. These outlets will take on the repair work of Alto, Swift, and WagonR, in addition to NEXA sold cars.
The company has also launched the My NEXA mobile app using which customers can book appointments and track the health of their cars. The workshops will have spacious viewing lounges from where customers can keep track of the online live feed that provides updates on the vehicle in the service bay.
Additionally, the service centre will have a diagnostics bay where the health of the vehicle is monitored.
Maruti Suzuki aims to introduce more NEXA outlets in phases so that there would be around 300 new workshops in India by 2020.
28th July 2017
Maruti Suzuki S-Cross Facelift to be launched during Diwali in India
Maruti Suzuki S-Cross Facelift was recently seen being tested in India. It is expected to be launched during Diwali of this year. The S-Cross will be sold through Nexa, Maruti's premium dealership outlet. Maruti Suzuki S-Cross will compete with Hyundai Creta and Renault Duster. Consumers can expect cosmetic updates and special features in the 2017 S-Cross facelift. The test vehicle was spotted with sophisticated headlights including daytime running lights and projector lamps. 2017 S-Cross will share stylish features with the global spec model, revealed at the Paris Motor Show last year.
The updated S-Cross will have large black grille with chrome finish and wraparound headlamps in the front. It also has a new bumper with wide central airdam with circular foglamps on its sides. A new set of alloy wheels distinguishes the 2017 S-Cross from the current model. The dashboard will have a new touchscreen infotainment system, supported by Android Auto with MirrorLink and Apple CarPlay. It will have safety equipment such as dual airbags and standard ISOFIX child seat mounts. The upcoming S-Cross will have 1.3l and 1.6l DDiS engines that churn out 118 bhp and 320 Nm torque. The engine is paired with 6-speed manual transmission.
24th May 2017
Maruti Suzuki: 8.1% rise in March Sales
Maruti Suzuki saw a rise of 8.1% in total sales for March 2017. The car maker sold 1,39,763 units as opposed to 1,29,345 units in March 2016. Its total sales for 2016-17 FY stood at 15,68,603, indicating a 9.8% increase from 14,29,248 units in the previous year. Maruti Suzuki had its best sales number in 2016-17. While mini segment cars such as the Alto and Wagon R saw a decline in sales in March, the cars in the compact segment such as the Dzire, Estilo, Swift, Baleno, and Ignis saw a rise in sales. The compact sedan Dzire Tour saw a high decline in sales by 63.1% at 1,166 units this March against 3,161 units in the same month of 2016. Nonetheless, Maruti Suzuki’s domestic sales also should a rise of 10.7% this year.
7th April 2017
Maruti Suzuki to Discontinue Dzire Tour
From October, 2016, Maruti Suzuki had stopped production of the Ritz. Likewise, by March, 2017, it is set to discontinue the Dzire Tour to make way for the all-new updated Dzire. The leading car manufacturer will launch a stripped down version of the Dzire Tour for the fleet segment, while launching an all new update Dzire for the private segment. In 2017, Maruti Suzuki is set to introduce several new models such as the Baleno RS, Swift, Ignis, modernized Wagon R, and the updated S-Cross. In November, the company saw an 8.1% growth in the passenger car market at a sale of 96,767 units.
3rd January 2017
Maruti Suzuki’s Phenomenal Market Stronghold likely to Remain the Same
India’s largest car manufacturer, Maruti Suzuki, has gained a lot from the sales of its small-sized cars over the past decades. Currently, as India plans to bring in stringent emission and safety regulations, Maruti Suzuki’s small cars, will definitely help the company maintain the leading position in the market. Experts have also observed that heavy commercial vehicles and two wheelers will face a considerable cost impact in the coming years while small size petrol cars will see a minimum cost impact. Also, when compared to Hero Motocorp and Ashok Leyland, MSIL (Maruti Suzuki India Limited) will witness a lower cost impact on a relative basis. After the Primer Minister’s call for stricter auto emission conditions leading to advancement of a resilient Euro VI by 2020, car manufacturers now have to change their product plans and invest in new technologies which will lead to a considerable increase in vehicle prices.
Irrespective of the class of vehicle that you own, a comprehensive car insurance plan will always come to your rescue! Search for competitive premium rates and compare care insurance policies on BankBazaar.
19th April 2016
Maruti Suzuki S-Cross Will Now Come With a 1.4-litre or 1.0-litre BoosterJet Petrol Engine.
The Maruti Suzuki S-Cross will soon be launched with a 1.4-litre / 1.0-litre BoosterJet petrol engine in the Indian market. Initially launched only with a diesel engine, the new version will carry the same petrol engine as the Ciaz model. The BoosterJet petrol engine is give a power of 110bhp and a peak torque of 170Nm. Maruti is expecting this new introduction to improve the sales of the S-Cross variant across the country. The newly launched vehicle, Vitara Brezza will also carry the BoosterJet engine. Currently, the S-Cross comes with a 1.3-litre diesel engine or a 1.6-litre diesel engine with a five-speed manual gearbox and a six-speed manual transmission, respectively. Getting a motor insurance policy for the all-new S-Cross model will not be a hassle as there are a plethora of general insurance companies offering different schemes in India.
6th April 2016
Maruti Suzuki to bear 50 percent repair cost for cars damaged in Chennai Floods
Maruti Suzuki India Limited, headquartered in New Delhi, as a key car insurance intermediary in India, has taken a magnanimous step in doing their bit in helping out the Chennai flood victims. The non-stop heavy rains in Chennai that has toppled normal life, also had prolific impact on car manufacturing firms. Noticing that most of the cars may not have an all-inclusive insurance cover, Maruti Suzuki India Ltd (MSIL) has declared that it would take up to 50 percent of the reparation cost usually not permitted by insurance carriers as depreciation or wear and tear. Since numerous automobiles have been water-logged, it will take some systematic cleaning and polishing the interiors and exteriors to run the car smoothly. And it is here where the MSIL will stomach 50 percent of the expenses. The company is expected to spend over INR 100 million in these relief work. The firm will also organize a service check-up post 60 days. Maruti Suzuki assesses that more than 4000 Maruti vehicles will be in abrupt need of repairing.
14th December 2015
GST Update: GST of 18% is applicable on car insurance effective from the 1st of July, 2017