Insurance for Maruti Suzuki Celerio

The Maruti Suzuki Celerio is a popular hatchback in India that falls under the entry-level category. As it is a significant investment, it's essential to purchase a car insurance policy to protect it. You can choose from three different types of plans, including third-party car insurance, comprehensive car insurance, and own damage insurance, all of which can cover both expected and unexpected expenses. If you want to learn more about purchasing an insurance policy for Maruti Suzuki Celerio in India, keep reading.

Here’s a look into the insurance premium cost of the Maruti Suzuki Celerio for all its variants:

Disclaimer: The ex-showroom prices are for Delhi and are subject to change based on the city. Third-party premium rates are indicative. The actual premium that you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your car insurance policy.

Here's a simplified guide to buying insurance for your Maruti Suzuki Celerio on Bajaj Markets:

• Navigate to the 'Car Insurance Premium Calculator' section

• Enter your vehicle details and contact information

• Fill in the application form and select your preferred insurance plan

• Complete the online payment and download your insurance copy instantly

The Maruti Suzuki Celerio can offer you a hassle-free driving experience for a long time if you maintain it well. Securing a comprehensive insurance plan is crucial to safeguard your vehicle against various risks, including accidents, theft, natural disasters, and more. Not having an insurance policy can lead to exorbitant expenses for repair work in case of damage due to an accident or other reasons. It is important to note that as per the Motor Vehicles Act, 1988, having at least third-party insurance is mandatory.

There are three types of Maruti Celerio insurance plans to choose from:

• Third-Party Insurance

Third-party insurance provides basic coverage mandated by law. It safeguards against liabilities arising from damages or injuries to third parties. This insurance is essential for legal compliance and offers financial protection in case of accidents involving your Celerio.

• Comprehensive Insurance

Comprehensive insurance offers broader coverage compared to third-party insurance. It includes protection against damages to your Celerio as well as third-party liabilities. This type of insurance encompasses risks such as theft, vandalism, natural disasters, and accidents, providing comprehensive financial security for your vehicle.

• Own Damage Insurance

Own damage insurance focuses specifically on protecting your Maruti Celerio against damages. It covers damages from accidents, collisions, fire, theft, and more. This insurance ensures that repair or replacement expenses are covered, offering peace of mind and financial stability in the event of unforeseen damage to your vehicle.

• Third-party insurance covers damages and injuries to the third party involved in an accident

• Comprehensive insurance provides coverage for damages and injuries to your vehicle as well as third-party cover

• Your insurance plan includes any add-ons you may have purchased for additional coverage

• Exclusions in car insurance include situations like normal wear and tear of parts

• Accidents due to drunk driving and consumables are also not covered under the policy

Here are some important add-ons to consider for your Maruti Suzuki Celerio:

• Zero Depreciation Cover

This cover allows you to claim insurance for damages equivalent to the purchasing price of your car, without factoring in depreciation.

• Personal Accident Cover

Provides coverage for accidental injury, disability, or death for you or any driver of your insured vehicle.

• Return to Invoice Cover

Ensures you receive the full retail value of your Celerio if it's irreparably damaged or stolen, through an insurance claim.

• Consumables Cover

Offers coverage for items like oil and coolant, typically not included in insurance plans, ensuring comprehensive protection for your vehicle's maintenance needs.

To make an insurance claim for your Celerio, you will need the following necessary documents:

• Car insurance policy papers

• FIR of the accident/incident

• Detailed information about the incident along with eyewitness accounts

• RC papers of the vehicle

• Full set of garage bills and receipts (in case of reimbursement)

• Report the accident immediately to your insurer

• Choose a network garage affiliated with your insurer

• Take your vehicle to the nearest network garage for repairs

• Submit relevant documents and bills to your insurer

• Your insurer will directly settle the claim with the garage after verifying the paperwork

• Contact your insurer and inform them about the damage to your car

• In case of theft, file a First Information Report (FIR)

• Submit the FIR copy and required paperwork to the insurer

• Take your vehicle to a garage of your choice and pay for the repairs

• Submit receipts and bills to your car insurance provider

• The insurer will reimburse your expenses after verifying the bills

If you want to save money while buying insurance for your Celerio, keep the following points in mind:

Compare Insurance Plans Online

• Research and compare various insurance plans available online to find the one that fits your budget and offers the best coverage for your Celerio

Utilize the No Claim Bonus (NCB)

• If you haven't made any claims during your policy term, take advantage of the No Claim Bonus in car insurance to lower your premiums at the time of renewal

Install an Anti-theft Device

• Install an ARAI-approved anti-theft device in your Celerio to qualify for a discount on your insurance premiums, enhancing security while saving money

Avoid Making Small Claims

• For minor damages like scratches or small dents, consider getting repairs done out of pocket to avoid raising your premiums during the next policy renewal term

Assess Your Needs

• Understand your driving habits and vehicle value to determine the suitable coverage level. Comprehensive coverage offers extensive protection, while opting for third-party or limited coverage can help lower premiums

Maintain a Clean Driving Record

• Safe driving not only ensures your safety but also helps in reducing insurance premiums. Avoid accidents and traffic violations to maintain a good driving record

Install Anti-Theft Devices

• Installing approved anti-theft devices like alarms or tracking systems can lower the risk of theft and make you eligible for discounts on insurance premiums

Consider a Higher Deductible

• Opting for a higher deductible can lower your premiums. Just ensure that you can comfortably cover the chosen deductible in case of a claim

Utilize No Claim Bonus (NCB)

• Safe driving earns you NCB, which translates into discounts on premiums for each claim-free year. Maximize your NCB by avoiding small claims that you can cover out of pocket

Compare Insurance Quotes

• Don't settle for the first quote you receive. Shop around and compare quotes from different insurance providers to find the best rates

Bundle Insurance Policies

• Bundling multiple insurance policies with the same provider can lead to discounts. Consider combining auto and home insurance policies to save on premiums