Car Insurance April 14, 2021

Car insurance is an important safety feature that your Maruti Suzuki Car should have. And as per the Motor Vehicles Act, 1988, third-party insurance is necessary for every car owner to drive the four-wheeler on roads. Under a Maruti insurance plan, you will be protected against damages and losses caused to the third-party vehicle, person or property, and loss/damage of your Maruti Suzuki car due to accident, natural disasters or even theft. So, if you have purchased a new Maruti Suzuki car, you should purchase at least a third-party cover for hassle-free driving. Continue reading this post below and know the coverage, exclusions and terms of the Maruti Insurance Plan.

Maruti Insurance Coverage

When you purchase a Maruti Insurance, you will be protected against unforeseen risks like –

Fire & Explosion – If a fire or an explosion causes burns and damages to your Maruti Suzuki car, this insurance will ensure that the crisis doesn’t burn your finances.

Natural Calamities – Natural calamities such as – floods, earthquakes, typhoons, etc. can cause unexpected and unprecedented damage to your car. But when you have Maruti car insurance, you can rest assured that such an incident won’t impact your finances.

Theft – In case of your car theft, Maruti car insurance coverage ensures that the theft doesn’t burden your finances.

Accidents – If you meet an accident, and it causes damage to the car’s exterior or interior parts, depending on the extent of damage, the insurer will compensate for its repair cost.

Personal Accident – In the case of an accident, Maruti Insurance doesn’t just take care of your car, but it takes care of you too. So, if you suffer from any injuries during the accident, the insurer will cover the medical treatment too.

Third-Party Liability – In case of an accident where your car causes damage/loss to a third party property/vehicle/person, you do not need to worry about paying out medical bills or repair costs from your pocket. Because such liabilities are covered under Maruti Insurance.

Exclusions from Maruti Insurance

Maruti Insurance Policy shall not cover the expenses arising out of the following –

Depreciation – Under this car insurance, the insurer does not cover general wear and tear or depreciation in the value of the Maruti Suzuki car.

Electrical & Mechanical Breakdown – If your car is damaged due to electrical or mechanical breakdown, the policy shall not cover such repair costs.

Illegal Driving – If you are driving without a valid driving license or under the influence of drugs or alcohol, and an accident happens, in such cases, no coverage shall be provided for any loss or damage occurred to the car or third party.

Maruti Insurance Add-on Covers

You can customize your Maruti Insurance plan by adding any of the following add-on covers –

Zero Depreciation Cover – Your Maruti Suzuki car depreciates with age. So, in case of a claim, the damage payout may be less due to the effect of depreciation. To avoid that, you can buy an add-on – Zero Depreciation Cover.

No Claim Bonus Protection – You will earn a No Claim Bonus (NCB) after every claim-free year. With the NCB, the premium amount for your Maruti Car Insurance will reduce. So if you’ve accumulated a good amount of NCB and want to protect it, buy an add-on No Claim Bonus Protection cover. This helps you protect the NCB even if you claim in the subsequent policy year.

Emergency Assistance Cover – With an Emergency Assistance add-on, you can get 24×7 emergency assistance like- refueling, tyre changes, towing assistance, lost key assistance, quick mechanic arrangement, etc.

Return to Invoice – In case your Maruti Suzuki car is stolen or damaged beyond repair, this add-on ensures you get the original invoice value of your car, including the road tax and registration fee.

Engine & Gearbox Protector – The Engine and GearBox Protector add-on safeguards you against the financial burden occurring in case of damage to the vital car parts.

Downtime Protection – The Downtime Protection add-on cover offers you alternative transport or daily financial assistance, so until your car is in repair, you won’t face any conveyance trouble.

Top Maruti Insurance Policies in India

You can purchase any of the following Maruti Insurance plans after comparing the offers mentioned below:

CompanyBenefitsMaruti Suzuki Car Models CoveredNetwork Garages for Cashless Claims
HDFC Ergo Maruti Suzuki Car Insurance

  1. Premium starts at INR 2,072

  2. Overnight repair service

  3. Same-day settlement


  1. Maruti Suzuki Swift

  2. Maruti Suzuki WagonR

  3. Maruti Suzuki Alto

  4. Maruti Suzuki Baleno

  5. Maruti Suzuki Dzire

  6. Maruti Suzuki Celerio

  7. Maruti Suzuki Celerio X

  8. Maruti Suzuki S-PRESSO

  9. Maruti Suzuki Ignis

  10. Maruti Suzuki Ertiga

  11. Maruti Suzuki Eeco

  12. Maruti Suzuki XL6

  13. Maruti Suzuki Vitara Brezza

  14. Maruti Suzuki S-Cross

  15. Maruti Suzuki Ciaz

7,700+
TATA AIG Maruti Car Insurance

  1. Simple Claim Process

  2. Roadside Assistance

  3. Cashless claim

  4. Zero Depreciation

  5. NCB transfer facility


  1. Maruti Suzuki Swift

  2. Maruti Suzuki WagonR

  3. Maruti Suzuki Alto

  4. Maruti Suzuki Baleno

  5. Maruti Suzuki Dzire

7,500+
ICICI Lombard Maruti car insurance

  1. Loss/Damage cover

  2. Natural Calamities cover

  3. Man-made Calamities cover

  4. Terrorist activity

  5. Whilst transit by road, rail, inland waterway, lift elevator or air, etc

  6. Personal Accident cover

  7. Third Party Liability cover

  8. Additional covers for - electrical/non-electrical accessories, bi-fuel systems such as CNG


  1. Maruti Suzuki Swift

  2. Maruti Suzuki WagonR

  3. Maruti Suzuki Alto

  4. Maruti Suzuki Baleno

4,100+
Bharti AXA Maruti Suzuki Car Insurance

  1. Accident cover

  2. Theft & Burglary cover

  3. Natural & Man-made disaster cover


  1. Maruti Suzuki Alto

  2. Maruti Suzuki Alto 800

  3. Maruti Suzuki Alto K10

  4. Maruti Alto K10B

  5. Maruti Suzuki Baleno

  6. Maruti Suzuki Celerio

  7. Maruti Ciaz

  8. Maruti Eeco

  9. Maruti Suzuki Eeco

  10. Maruti Suzuki Ertiga

  11. Maruti Suzuki Esteem

  12. Maruti Suzuki Estilo

  13. Maruti Estilo 1.0

  14. Maruti Suzuki Grand Vitara

  15. Maruti Suzuki Gypsy

  16. Maruti Suzuki Ignis

  17. Maruti Suzuki Kizashi

  18. Maruti 800

  19. Maruti Suzuki Omni

  20. Maruti Ritz

  21. Maruti Suzuki S-Cross

  22. Maruti Suzuki Swift

  23. Maruti Suzuki Swift Dzire

  24. Maruti Suzuki SX4

  25. Maruti Suzuki Versa

  26. Maruti Suzuki Vitara Brezza

  27. Maruti Suzuki Wagon R 1.0

  28. Maruti Suzuki Zen

5,200+
Reliance Maruti Insurance

  1. Discount up to 75% on Maruti Car Insurance​

  2. No-Claim Bonus even after filing a claim​

  3. Customized add-on covers​

  4. Instant claim settlement​

  5. Quick policy renewal online​


  1. Maruti Suzuki Ertiga

  2. Maruti Suzuki Alto

  3. Maruti Suzuki Swift

  4. Maruti Suzuki Zen

  5. Maruti Suzuki Celerio

  6. Maruti Suzuki Swift DZire

  7. Maruti Suzuki SX4

  8. Maruti Suzuki Omni

3,800+
Bajaj Allianz Maruti Car Insurance

  1. 24X7 Customer Support

  2. Cashless Claims Settlement

  3. NCB up to 50%

  4. Instant Renewal

  5. Extra Coverage with add-ons


  1. Maruti Wagon R

  2. Maruti Suzuki Swift

  3. Maruti Suzuki Dzire

  4. Maruti Suzuki Vitara Brezza

4,000+
IFFCO Tokio Maruti Car Insurance

  1. Zero depreciation cover

  2. Coverage for both man-made and natural disaster

  3. 24X7 on road coverage


  1. Maruti Suzuki S-Cross

  2. Maruti Suzuki Baleno

  3. Maruti Suzuki Alto K10

  4. Maruti Suzuki Ignis

  5. Maruti Suzuki Eeco

  6. Maruti Suzuki Omni

  7. Maruti Suzuki Wagon R

  8. Maruti Suzuki Ertiga

  9. Maruti Suzuki Alto

  10. Maruti Suzuki Celerio

  11. Maruti Suzuki Dzire

  12. Maruti Suzuki 800

  13. Maruti Suzuki 1000

  14. Maruti Suzuki Ciaz

  15. Maruti Suzuki Swift

  16. Maruti Suzuki Vitara Brezza

4,300+

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