Hyundai Car Insurance

No matter how well you drive or care for your car, unaccountable risks are always present. The same holds true for your cherished Hyundai car as engine repairs, outer body damage and more can end up being heavy on the pocket. 

 

To enjoy your four-wheeler without stress, getting it insured is essential. This is where choosing the right Hyundai car insurance helps cover expenses you may incur in the future. 

Here are a few top Hyundai car models with their car insurance costs:

*Third-party premium rates are indicative. The actual Hyundai car insurance cost may change depending on the terms of your policy. Do check the current premium rates before you sign up for car insurance.

Disclaimer: The prices are subject to change based on the discretion of the insurance provider.

Purchase Hyundai car insurance online at affordable rates using the following steps on Bajaj Markets:

 

• Step 1: Click on ‘Get Quote’ at the top of the page and access the car insurance premium calculator

• Step 2: Fill in your Hyundai car registration number, mobile number and PIN code

• Step 3: Enter the required details in the application form

• Step 4: Pick the car insurance that suits your needs

• Step 5: Make an instant online payment

Your insurance policy will be sent to your email address soon after. 

Follow the steps mentioned below to renew your Hyundai car insurance online to stay secure:

 

• Step 1: Visit the car insurance renewal page on your insurance provider’s website

• Step 2: Enter your registration number and mobile number

• Step 3: Provide your previous policy details

• Step 4: Check your renewal premium

• Step 5: Make an instant online payment

• Step 6: Download your insurance policy copy

Here are some unique advantages of getting the right Hyundai car insurance online plan:

 

• Minimal documentation

• Hassle-free settlement of claims

• Comprehensive coverage inclusive of third-party and self damage

• Quick and instant online purchase of the plan

• Personal accident cover for owner, passengers and driver

Third-party insurance covers damage or loss incurred by a third party, bodily injuries, death of the victim and a personal accident cover. Comprehensive Hyundai car insurance includes all of these along with own damage, calamities, theft and more. 

Comprehensive Hyundai car insurance plans do not cover natural wear and tear of the vehicle as well as mechanical or electrical breakdown. It also excludes damage resulting from malicious activities, loss caused due to drunk driving, damage due to war, terror attacks and nuclear disasters. It also doesn’t cover you if your policy is lapsed or null or if you were driving without the right documents during the incident.

Buying a comprehensive Hyundai car insurance plan allows you to extend your existing coverage with add-on covers. Here is a list of add-ons that you can purchase. Keep in mind that these may differ based on the insurer. 

Zero Depreciation Cover

With a zero depreciation car insurance cover, you will receive full compensation on the claim without factoring in the depreciation.

NCB Protection Cover

With the NCB protection cover in Hyundai car insurance, the NCB you earn is applicable even after you file a claim, so you can lower your premiums. 

Consumable Cover

This add-on covers the cost related to consumables, which means items used for the proper functioning of the vehicle’s engine and other parts. These items include engine, gearbox and brake oil, screws and nuts, bearings, washers, AC gas, etc. Normally, these are not covered by Hyundai car insurance plans.

Engine and Tyre Secure Cover

With this cover in your Hyundai car insurance policy, the insurer will compensate you for the expenses incurred in case of replacement/repair of your engine and tyres. Any damage to the internal parts such as the engine, gearbox, and transmission is also covered.

The repair or replacement costs of certain car parts can cause a financial strain if your vehicle incurs any loss. Instead of bearing this burden on your own, you can get comprehensive car insurance to cover any such expense as per the terms of your Hyundai car insurance. This way, you can drive your beloved car stress-free and know that you have a cover in case you need it. 

There are two types of Hyundai car insurance policies you can choose. 

Third Party Car Insurance

Third-party car insurance is mandatory under the Motor Vehicles Act, 1988. However, the coverage provided under it is quite limited. It only covers you against third-party liabilities. With this coverage, the premiums charged on this plan are more affordable.

Comprehensive Car Insurance

Comprehensive car insurance is the recommended plan for all vehicle owners. Under this plan, are you not only covered against third-party liabilities, but also the damage incurred by your vehicle during accidents and other incidents. Although this type of Hyundai car insurance comes at a higher cost, it offers you extensive coverage with the convenience of buying add-on covers.

The following documents are required to raise a claim as per your Hyundai car insurance policy:

 

• Hyundai car insurance policy document

• Vehicle details

• Insurer details

• Registration Certificate

• Details of the incident

• FIR copy in case of theft

• Original bills and receipts of the vehicle repair

There are two types of Hyundai car insurance claims:

Cashless Claim 

A cashless claim facility enables you to repair your vehicle without having to pay for it. The garage directly settles the bill with the insurance provider. However, you must opt for a network garage to seek a cashless facility under your Hyundai car insurance policy.

Reimbursement Claim 

Reimbursement claims allow you to take your four-wheeler to a preferred garage that is not partnered with the insurer. You must pay for the incurred expenses from your pocket and later file for reimbursement as per the terms of your Hyundai insurance plan.

Tips to Lower Hyundai Car Insurance Premium

You can reduce your Hyundai car insurance premium rates and avail an affordable quote with these tips:

Compare Quotes

It is crucial to compare car insurance quotes offered by various insurance providers and opt for the most suitable one. In this way, you can get the best Hyundai car insurance offer in the market without losing out on any benefits.

Make Use of the No Claim Bonus

No Claim Bonus or NCB is the reward you can avail for making zero claims throughout the policy year. With consecutive claim-free years, your NCB reward keeps increasing and can result in up to a 50% bonus 

Install Anti-Theft Devices

One of the best ways to lower car insurance premiums is to install ARAI (Automotive Research Association of India) approved anti-theft devices. These include car alarms, GPS

Avoid Filing Small Claims

If you want to secure your NCB for Car Insurance, you can choose to pay for small repair expenses yourself and avoid filing a claim. This way, you can use the cover for bigger claims or avail the No Claim Bonus during renewal. However, this is only recommended if the Hyundai car insurance claim amount is small.