Car Insurance For Hyundai Car

​Purchasing a new car is a dream come true for many people. If you've just bought a Hyundai car, you want to take every measure possible to keep it safe and protected against unforeseen events such as road accidents, third-party liabilities and natural disasters.

The best way to ensure necessary financial protection and safety of your brand new Hyundai vehicle is to invest in Hyundai car insurance. At Reliance General Insurance, we offer carefully designed Hyundai vehicle insurance plans to provide you with the necessary financial assistance in unforeseen circumstances.

Buy Reliance Car Insurance for Hyundai to enjoy:

Hyundai Car Insurance Importance​– Why Do You Need Car Insurance for Your Hyundai Car?​

• Legal Mandate

  The Motor Vehicles Act of 1988 mandates that car owners must have a third-party liability car insurance policy. This type of insurance safeguards the insured against third-party legal liabilities.
  With third-party coverage, you don't have to bear the costs arising from the insured Hyundai car injuring or causing the death of a third party or damaging their property or vehicle in an accident.​
  

• Coverage Against Man-made and Natural Disaster

  Car insurance for Hyundai protects your vehicle against a wide range of natural disasters, such as hurricanes, earthquakes, floods, hailstorms and more.
  It acts as a safety net if your vehicle suffers damage because of such unforeseen events. This insurance also protects the insured car against damages or losses caused due to man-made calamities such as acts of terrorism, strikes and riots.

• Saves Time and Money

  Damages to your insured Hyundai car due to unforeseen events can burn a hole in your pocket because of the consequential repair or replacement costs. Car insurance provides you financial protection against such expenses in return for reasonable premiums.
  
  To enhance your Hyundai car insurance policy coverage, you can purchase useful add-on covers with your existing policy.

Features and Benefits of Hyundai Car Insurance

• Multiple Options
  

  At Reliance General Insurance, we offer a wide range of Hyundai car insurance plans you can choose from. Our most sought-after Hyundai online insurance policies include Comprehensive Car Insurance, Pay-as-you-Drive Insurance, Standalone Own Damage Insurance, etc.

• Customisable Plans

  We are aware that each vehicle has its own unique coverage requirements and risk profile. Thus, we offer customisable Hyundai car insurance policies to ensure all-around protection. You can select from multiple sum insured options and add-ons to adjust the level of your coverage.

• ​​​10,000+ Network Garages

  Get your damaged vehicle repaired by professionals at our reliable network garages​. We have more than 10,000 high-quality auto-repair facilities across the country. You can get repairs/replacements done cashlessly at one of our Hyundai insurance tie-ups with minimum out-of-pocket expenses.

• Speedy Claims Settlement

  Hyundai vehicle insurance by Reliance offers speedy claims settlement with a perfect claims settlement ratio of 100%*. No need to wait for weeks and even months to get reimbursed for your expenses.

• Competitive Premiums

  Our Hyundai car insurance features ​comprehensive coverage without extending your budget. You can purchase suitable car insurance plans starting at just ₹238* per month. For more amazing discounts, buy your Hyundai car insurance online.

Types of Hyundai Car Insurance Plans​

​Third-party Car Insurance

Mandatory for every motor vehicle owner in India, it covers damages and losses incurred to a third party or property by the insured vehicle.

Main Highlights

• Legal requirement under the Motor Vehicles Act 2019.
• Covers financial risks arising from third-party liabilities.
• Low-cost premiums.​
  

Standalone Own Damage Car Insurance

This type of Hyundai insurance coverage offers protection from damages and losses incurred to the insured vehicle due to covered events. However, it does not cover third-party liabilities.

Main Highlights

• Cost-effective
• Covers damages sustained by the insured vehicle.
• Customisable with the help of add-ons.

Comprehensive Car Insurance

It covers both third-party liabilities and damages to the insured vehicle. It offers comprehensive coverage against a range of unforeseen events, such as natural disasters, man-made disasters, theft, third-party liabilities, fire and more.

Main Highlights

• Covers both third-party liabilities and self-damage to the insured vehicle.
• Highly customisable plans.
• Variety of add-ons.

Pay-As-You-Drive Insurance

It is a type of Hyundai car insurance where your premiums are based on the number of kilometres driven by your car. It is a usage-based car insurance plan ideal for occasional and seasonal drivers that offers up to 90%* savings.

Main Highlights

• Insurance premiums are based on your mileage.
• It requires car usage monitoring devices such as an odometer or a telematics device.
• Ideal for occasional drivers and car owners on a budget.

Hyundai Car Insurance Policy- Key Inclusions & Exclusion

Hyundai Car Insurance Policy Inclusions

• Third-party Liability Coverage   
• Own-damage Coverage  
• Personal Accidents
• Natural Disasters
• Man-made Calamities
• Fire and Explosions
• Theft

Hyundai Car Insurance Policy Exclusions

• Damage Due to Driving Without a Valid Licence
• Normal Wear and Tear
• Damage Due to Drunk Driving
• Breach of Policy Terms
  
• Contractual Liability
• Expired policy
• Damage due to war and nuclear weapons
• Damages incurred outside of the policy's geographic scope (outside of India)
• Using the vehicle outside of its intended use. E.g., Using a private vehicle for commercial purposes.

Hyundai Insurance Add-On Covers ​

How to Buy Hyundai Car Insurance?

Hyundai Car Insurance Online Buying Process

• Step 1: Visit our website and navigate to our Car Insurance Page.
• Step 2: Enter the required details, such as your Hyundai car's registration number along with your email ID and active mobile number. Click on "View Prices".
• Step 3: Choose your preferred add-ons, IDV range and discounts (voluntary deductibles, anti-theft device, and so on).
• Step 4: Select your preferred plan from the given options and click on "Buy Now". Review and confirm premium details and click "Next".
• Step 5: Pay the premium using any payment method of your choice to finalise your Hyundai car insurance policy purchase.
  Once done, a digital copy of your Hyundai insurance policy will be delivered to your registered email address.

Hyundai Car Insurance Offline Buying Process

• Step 1: Visit the nearest Reliance General Insurance office. Use our Branch locator to find a nearby branch.
• Step 2:State your coverage requirements and learn about different types of Hyundai car insurance plans.
• Step 3: Finalise a suitable policy and fill out a policy purchase form with your details.
• Step 4: Make the premium payment in cash or using your preferred mode of payment.

Hyundai Car Insurance Renewal Online

Here's how you can complete your Hyundai car insurance renewal in India with Reliance General Insurance:

• Step 1: Visit our official website and navigate to "Renewal" -> "Motor Insurance" -> "Renew Car Insurance".
• Step 2: Enter your mobile number or existing policy number
• Step 3:Add or review your car's registration number, engine number and chassis number.
• Step 4: On the following page, verify your policy details and No Claims Bonus points.
• Step 5: Make necessary adjustments to your existing policy. Pay the applicable insurance renewal charges to complete your Hyundai insurance renewal online.
• Upon confirmation, a soft copy of your renewed Hyundai car insurance policy will be sent to your registered email address.

How to Buy Car Insurance for a Second-hand Hyundai Car?

Insuring your second-hand Hyundai car is as important as purchasing insurance for a brand-new car. Below are some things to consider when buying Hyundai car insurance for a used vehicle:

Evaluate Condition and Insurance History

First step is to evaluate the condition of your second-hand vehicle and determine its current market value. Also, check its insurance and claims history to determine coverage requirements.

Choose a Suitable Plan

Next, select a suitable plan based on the coverage requirements you have discovered. While third-party insurance is mandatory, it is always recommended to pair it with an own damage (OD) policy to cover damages to your own vehicle.

Alternatively, you can invest in a comprehensive Hyundai car insurance plan to cover third-party liabilities and self damages.

To select the best plan with efficient coverage and budget-friendly premiums, compare different plans based on their coverage level and other parameters.

Gather the Required Documents

To buy Hyundai car insurance for a second-hand car, you will need mandatory documents such as –

• Vehicle-Related Forms 28, 29 and 30 signed by the previous car owner
• Original registration certificate of the used car, with the previous owner's name
• New copy of RC
• Proof of transfer of RC and payment of transfer fee
• Existing policy documents and insurance certificate
• New proposal form

Purchase Online

Once you have determined your requirements, potential risks and other factors, like your Hyundai insurance cost, you can proceed to buy car insurance for your Hyundai car on our Car Insurance ​page.

It is quick, convenient and hassle-free. What's more? You can avail impressive discounts on policy for your second-hand Hyundai car.

Hyundai Car Insurance Claim Process

Hyundai Cashless Insurance ​Claims

• Step 1: Contact our claims department ​and report the accident within 24 hours. You can either call our toll-free number, email us, or use the Reliance Self-i app or the website to do this.
• Step 2: Collect information about the third party involved in the accident, including their vehicle number and contact number. Note down the details of the witnesses involved, if any.
• Step 3: Visit the nearest police station to file a First Information Report (FIR) about the accident. Keep an FIR copy with you.
• Step 4: File the Hyundai insurance claim either online or offline by submitting a claims form, along with details of the accident and the relevant documents.
• Step 5: Move the car to a network garage from our Hyundai cashless insurance company list. You can do this yourself or request assistance from our team.

After our team gives the garage the go-ahead, the work begins. We will receive your bills directly from the garage, evaluate them and settle the payment. You only need to pay for mandatory deductibles under your cashless car insurance for Hyundai, along with any additional expenses beyond your policy's coverage.

Reimbursement Hyundai Car Insurance Claim

• Step 1: Follow steps 1 to 4 mentioned above to initiate your claim and complete your Hyundai insurance login.
  
• Step 2: Get the damaged car repaired at your preferred garage.
• Step 3: Clear the bills with the garage.
• Step 4: Let us know about the repair work and submit the original bills and receipts.
• Step 5: Upon successful verification of your claim and supporting documents, we will pay out the Hyundai insurance reimbursement amount based on the agreed terms and conditions.

Document for Hyundai Insurance Claim​

• The claim form, duly filled and signed by you (the insured)
• Proof of insurance (the policy document or cover note) mentioning the policy number
• A copy of the driving licence of the person behind the wheel at the time of the accident
• A copy of the RC
• A copy of the RC book
• A copy of FIR
• Medical receipts (if you are physically injured)
• The odometer reading of the insured car
• Details of the accident, like the location, date, and time
• Engine and chassis number
• The original repair invoice and payment receipt (the former suffices if it's a cashless claim)
• The original tax receipt
• A garage-issued estimate of the repair work
• A Claims Discharge Cum Satisfaction Voucher issued by the garage and bearing your signature across a revenue stamp (if the insurer must directly pay the garage)

Hyundai Car Insurance Claim: Cashless Vs Reimbursement

Factors Affecting Hyundai Motor Insurance Premium for Car Models

Make and Model

The specific model and variant of your Hyundai car is an important factor taken into account for calculating the cost of insurance premiums. Generally, high-end Hyundai car variants attract higher premiums as compared to base models.

Insured Declared Value (IDV)

Insured Declared Value, or simply IDV, represents the highes​t amount you can claim under your four-wheeler insurance policy in the case of total loss. It is derived from the current market value of the vehicle. Note that the higher the IDV, the higher your insurance premium will be.

Age of Vehicle

It is a no-brainer that newer vehicles attract higher premiums as they are more exposed to risks. However, sometimes older cars can also attract higher premium rates if they are prone to unforeseen accidents.

Type of Policy

Your Hyundai car insurance premium cost can also vary based on the type of policy. For instance, third-party car insurance comes at a lower cost than comprehensive car insurance. The reason behind this is the difference in the coverage limits of different policies.

Deductibles

Finally, deductibles can also influence your Hyundai car insurance premium cost. If your deductibles are low, premiums will be higher and vice-versa. You can lower your premiums significantly by opting for higher deductibles.

How To Calculate Hyundai Car Insurance Premium?

Using Car Insurance Premium Calculator

• Step 1:Open a reliable car insurance premium calculator.
• Step 2: Enter your vehicle details such as model, registration number, date of registration, city, etc., and click "Get Quote" to learn about premium details based on your input.
• Step 3: In case of a second-hand car, provide details of previous insurance plan such as no-claims bonus, policy expiry date, claim type and so on.
• Step 4: Once done, click the "View Prices" option to estimate your premium cost.

Hyundai India Car Insurance: Third-Party Insurance Premium

Note that the third-party Hyundai car insurance rates are decided by IRDAI mainly on the basis of the engine capacity (cc) of your four-wheeler. Following are the third-party Hyundai car models insurance rates for your reference:

For Regular Cars​

For Electric Cars​

Hyundai Cars - Overview and USPs

Futuristic Design

Hyundai has a reputation for offering contemporary and stylish four-wheelers. The brand brings consistent upgrades in terms of design and aesthetics of its models.

Advanced Technology

Hyundai cars boast advanced infotainment, connectivity and safety features that make them appealing to car enthusiasts in the country. Viral models like Verna and Creta are the best examples of Hyundai's trailblazing technology.

Impressive Fuel Efficiency

Compared to other four-wheelers in the same segment, Hyundai offers good fuel efficiency, making it an affordable option even for those on a budget.

Extensive Service Network

Hyundai offers a robust network of service centres and dealerships to provide the highest level of convenience and peace of mind to its customers.

Great Resale Value

The resale value of Hyundai cars is also impressive, making it an attractive option among buyers.

Top Hyundai Car Models & Prices

Note: Prices of given Hyundai cars can vary based on location, model and current market scenarios. Get in touch with your local car dealership for accurate information.

Popular Hyundai Insurance ​Reliance Offers (Models)

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Frequently Asked Questions On Hyundai Car Insurance

• What is the cost of Hyundai auto insurance?
  Hyundai car insurance costs are calculated based on several factors, including your vehicle model, location, type of policy, policy add-ons and more. There is no standard amount.
  For example, Hyundai Xcent insurance prices and Creta insurance costs will differ from Santro car insurance and i10 insurancerates.
  You can use our reliable car insurance premium calculator to estimate your insurance cost based on these factors.


• Should I purchase a third-party or comprehensive car insurance policy for my Hyundai car?
  This will depend on how you use your car and how often you plan on using it. Generally, a comprehensive plan is recommended for new cars since it offers all-around protection. However, if you're on a budget or if you live in a more low-risk city or region, third-party insurance may suffice.
  The best insurance for your Hyundai car is one that addresses your unique coverage needs.


• Which is the cheapest insurance for a Hyundai car?
  If you are looking for an affordable insurance plan for your Hyundai vehicle, you can invest in a Reliance Pay-As-You-Drive policy or a third-party Hyundai car insurance plan. Our Pay-As-You-Drive cover allows you to pay only for the kilometres driven by your car.​
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Disclaimer: ​*T&C apply. For more details on risk factors, terms conditions, brochure, and exclusions, please read the policy wording and CIS carefully before concluding a sale. Details mentioned here are for the product- Reliance Private Car Package Policy. UIN: IRDAN103RP0010V02100001; Reliance Private Car Policy – Bundled, UIN: IRDAN103RP0007V02201819; Reliance Private Car Policy- Standalone Own Damage UIN- IRDAN103RP0001V01201920; "A" Policy for Act Liability Insurance ( Pc /Tw/Commercial ), UIN: IRDAN103RP0003V01200102; A" Policy for Act Liability Insurance (Private Car) – 3 years, UIN: IRDAN103RP0003V01201819;
Premium:The premium mentioned for car Insurance is excluding taxes for the private car model Maruti Suzuki Alto 800 with cubic capacity of less than 1000 cc for a 1 year Own Damage Insurance policy for an IDV of ₹2,34,728. Premium used is 2,853/year as on 1 March 2023 and then converted into a per month basis, which gives us ₹238/month (2,853/12).
Discount: The discount varies basis vehicle specifications, No Claim Bonus discount and Geographical location of the vehicle to be insured. Discounts have been calculated on the basis of the rates prescribed under erstwhile Indian Motor Tariff. Discounts are applicable only to the Own Damage section and discounts may vary as per the vehicle make, model, RTO, age of the vehicle and addition of add-ons like Reliance Limit Sure-Pay As You Drive.
Network Garages: The number of garages mentioned is the total of all the garages empanelled across the country for different vehicle categories.
​ Claim Settlement Ratio: This is the overall claim settlement ratio for FY 2023-24 without claim outstanding at the start of the financial year as per public disclosure of Reliance General Insurance Co. Ltd.