Volvo XC40 Car Insurance

Volvo XC40 is an expensive crossover SUV  with a powerful 1969 cc petrol engine. It is a super safe car with a 5-star safety rating awarded by ANCAP. Despite its high safety standards, there is still a possibility of an accident, or a fire incident, or a calamity. Volvo XC40 car insurance provides financial security to meet any unforeseen situation which may result in need for repair or other exigencies. The insurance is a foolproof blanket against a wide range of events involving huge financial losses. Volvo XC40 car insurance comes in two plans. The Third Party plan offers limited features while the comprehensive insurance plan is efficient and highly recommended.

The Volvo XC40 is offered in a single variant known as T4 R-Design. Let’s take a closer look at this XC40 variant and XC40 insurance price:

*The ex-showroom prices are for Delhi and are subject to change on the basis of 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.

Buying Volvo XC40 car insurance online on Bajaj Markets is a quick 5-step process. Here is all you need to do: 

• Enter your mobile number and your Volvo XC40 registration number.

• Fill in all the necessary details about your XC40.

• Pick an XC40 car insurance plan.

• Pay the XC40 car insurance premium online.

• Upon successful payment, your Volvo XC40 car insurance policy will be sent to your registered email address.

Renew your Volvo XC40 Insurance to continue reaping the benefits. Here are the 5-steps to renew your car insurance online on Bajaj Markets:

• Visit the ‘Car Insurance Renewal’ page on Bajaj Markets.

• Enter your contact details and the registration number of your XC40. 

• Check the XC40 car insurance renewal premium.

• Pay the renewal premium online.

• Download a copy of your Volvo XC40 car insurance policy.

Being a Volvo, the XC40 has a number of key safety features that makes it stand apart. However, in the event of an unfortunate event like accidents or natural calamities, your SUV may suffer some serious damages and the replacement of these damaged parts with genuine Volvo spare parts can cost you up to ₹1 Lakh-₹2 Lakh, or even more. These expenses can easily burn a hole in your savings. This is where Volvo XC40 car insurance can help you. Your XC40 car insurance plan will cover these repair/replacement costs and ensure that your savings are not hampered. Moreover, as per the Motor Vehicles Act, 1988, it is mandatory to have third-party car insurance for your vehicle to drive on Indian roads.

There are two types of car insurance plans you can choose from for your Volvo XC40:

1. Third-Party Car Insurance

As mentioned above, third-party car insurance is mandatory as per law. However, such plans only cover your third-party financial liabilities incurred due to your insured XC40. The third-party car insurance coverage is not extended to you or your XC40. 

2. Comprehensive Car Insurance

A comprehensive car insurance plan covers both third-party liabilities as well as damages caused to your XC40. The XC40 comprehensive car insurance premium is marginally higher than that of third-party insurance since it offers an extensive cover for your car. 

A third-party car insurance policy will only cover death/injuries or damages caused to a third party by your insured Volvo XC40. Whereas a comprehensive car insurance policy includes third-party liabilities as well as damages caused to your insured Volvo XC40 due to natural/man-made calamities, theft, accidents, etc.

Certain expenses that are excluded from car insurance plans available on Bajaj Markets are damages caused due to overspeeding, driving under the influence of intoxicants, damage or loss incurred outside the designated geographical area mentioned in the policy, etc.

Here are some add-on covers you can combine with your comprehensive XC40 car insurance plan: 

• Lock and Key Replacement Cover

This add-on covers the recovery/replacement of your car keys in case they are lost or left inside the car.

• Consumables Cover

Provides cover for the repair or replacement cost of consumables after an accident. These include engine oil, brake oil, engine oil, coolant, etc.

• Engine Protector

Covers the expenses for engine damage repairs arising due to water seepage, lubricating oil leakage, etc.

• Accessories Cover

Provides coverage for damages incurred to your XC40’s accessories in the event of any unfortunate mishap.

• Personal Accident Cover

This covers the expenses arising out of accidental death, bodily injuries, or permanent disabilities caused to the driver of your insured XC40.

• Check Tyres 

Inspect the car tyres from time to time for any damage, cuts, etc.

• Keep a Tab on Tyre Pressure

Always drive your XC40 with the right air pressure in the tyres.

• Check Battery

Always ensure that the car battery is dry and clean. Regularly inspect the battery for any cable corrosion. 

• Drive Responsibly

Always drive your XC40 responsibly at the right speed and avoid any unnecessary high acceleration.

• Clean Your XC40 Regularly

You must clean your SUV regularly, especially after it is exposed to dirt, rain or salt.

The Volvo XC40 is based on the versatile CMA (Compact Modular Architecture) platform co-developed by Chinese car manufacturer Geely and Volvo. The XC40 is distinctly a Volvo with its signature Thor Hammer headlamps with a horizontally louvred grille. The car gets some quality car upgrades including a new cabin and key safety features. Volvo offers the XC40 in 5 colour variants.

The XC40 gets a 2 -litre D4 engine. The car gets an AWD system as standard. This makes the XC40 a capable mile cruncher on the highway and will manoeuvre quick overtakes with ease. The table below highlights key specifications of the Volvo XC40:

*The actual specifications may vary depending on the Volvo XC40 variant.

The Volvo XC40 price constitutes the ex-showroom price, RTO registration, road tax and insurance amount. If you are planning to purchase the Volvo XC40, the on-road price in your city will differ from other cities and metros in India. To know about the on-road price in major cities and metros around the country, read the list below:

* The actual on-road prices for different Volvo XC40 variants are subject to change and can vary

The XC40 has been designed specifically keeping young millennials in mind. In the front, the car gets a 9” infotainment system and a host of other safety features that it brings over from its more premium models. Listed below are some of the key features of the Volvo XC40:

• Power Steering

• Driver and Passenger Airbags

• Air Conditioner

• 4WD

• Anti-Lock Braking System (ABS)

• Alloy Wheels

• Power Windows

Note: The actual features may vary depending on the Volvo XC40 variant.

The XC40 is Volvo’s iteration of the smallest SUV in India. If you are looking for an SUV at an attractive price range, then the XC40 is the best-equipped crossover in its segment. Once you have made up your mind about the specific car of your choice, don't forget to buy car insurance and safeguard yourself and your co-passengers from any mishap while driving on roads. You can choose a motor insurance policy that has some of the best car insurance benefits in the market today.