Maruti Car Insurance

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.

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

1. Repair damages due to accidents almost for free

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.

2. Unified services across the country

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.

3. Stress free, objective and transparent settling of claims

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.

4. Superior repair work at approved dealer garages

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.

5. Free towing facility with dealer assistance

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.

6. Instant & easy transfer of no claim bonus

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.

7. Prompt issuance of 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	Signed Form 29 and Form 30 or endorsed registration certificate (RC) Letter from the buyer and seller A fresh proposal form that the policyholder will have to fill and sign A copy of the original policy Report corresponding to vehicle inspection Premium for endorsement
Correction of ex-showroom price of the car	Request letter from the policyholder Copy of the invoice Endorsement premium, if the premium has increased
Inclusion of a CNG/LPG kit in the vehicle	Request letter from the policyholder Endorsed RC Copy of the invoice for the CNG/LPG kit Report corresponding to vehicle inspection The premium for endorsement
Increase in the personal accident cover	Request letter from the policyholder RC for checking the seating capacity of the car The premium for endorsement
Installation or removal of an anti-theft device	The anti-theft device should be approved by the Automotive Research Association of India (ARAI) Invoice copy of the device Premium for endorsement (This is required only when the device is removed)
Inclusion or exclusion of electrical accessories	Request letter from the policyholder Copy of invoice of the accessories Premium amount for endorsement
Inclusion or exclusion of non-electrical accessories	Request letter from the policyholder Copy of invoice of the accessories Premium amount for endorsement
Extension of the geographical limit. The geographical area may be altered to include Bhutan, Bangladesh, Nepal, Maldives, Sri Lanka, or Pakistan	Request letter from the policyholder Premium amount for endorsement
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	Request letter from the policyholder Proof of membership Premium amount for endorsement (This is required when the membership ceases to exist)
Endorsement for participation in rally (Package policies do not usually offer this coverage)	Request letter from the policyholder Premium amount for endorsement

• 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	Request letter from the policyholder Endorsed copy of RC
Correction in the type of customer (for instance, changing the type of customer from individual to firm)	Request letter from the policyholder Copy of RC or invoice
Correction in the name of the customer, prefix, or corporate name	Request letter from the policyholder Copy of RC or invoice
Correction in the customer’s city, address, or gender	Request letter from the policyholder Copy of RC or invoice
Changes including addition or cancellation in the hire purchase agreement, hypothecation agreement, or lease agreement	Request letter from the policyholder NOC/sanction letter from the financial institution Endorsed copy of RC
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:

1. The policyholder intimates the claim to the insurance company. The network garage prepares estimates for the repair work.
2. Surveyor appointment is done, followed by vehicle inspection and loss assessment. After this, the surveyor gives a go-ahead for the repair work.
3. The workshop will undertake repairs of the vehicle following the approval of the surveyor.
4. The surveyor will examine the repair work done. Following this, the vehicle will be delivered.
5. 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:

1. 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.
2. 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:

1. Lightning, fire, self-ignition, or explosion
2. Riots, malicious activities, terrorism, strikes, etc.
3. Theft or burglary
4. 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.

Maruti Insurance FAQS

1. What are covered under Maruti Insurance?

Every Maruti car not more than 10 years old are covered.

2. How can I get my car insured via Maruti Insurance?

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.

3. Is it compulsory to insure my car?

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.

4. Can my insurance policy be issued for less than one year?

No, Maruti Insurance only provides policies for one full year.

5. What must I do with the policy after getting the same?

Keep the insurance papers in your car at all times as per the Motor Vehicle Act (1988).