Reasons to Buy Maruti Suzuki Car Insurance
You've purchased a new Maruti Suzuki car and want to do everything possible to keep it protected against damages/losses. Buying car insurance is one of the measures you can take towards this. A comprehensive car insurance policy offers financial protection to the policyholder if the insured four-wheeler is involved in an unfortunate incident, such as an accident, natural calamity, human-made disaster, theft, and the like. Here are some reasons to buy a
Maruti car insurance policy:
Third-party insurance is a legal requirement
According to the Motor Vehicles Act, 1988,
car owners must have third-party liability
car insurance as a mandate. This type of insurance protects the policyholder against third-party legal liabilities. It acts as a financial shield if the insured vehicle injures a third party or damages their property/vehicle in an accident. In the first scenario, the insurer pays the medical bills of the injured third party. In the second case, the insurance policy covers the cost of repairing the damaged third-party vehicle/property. The insurer also takes care of any legal matters involving the accident.
Coverage against loss or damage to the insured car
Natural calamities such as floods, earthquakes, hailstorms, hurricanes, and the like can severely damage the insured Maruti Suzuki car. Own-damage insurance offers financial protection if your four-wheeler gets damaged because of such unforeseen events. Own-damage insurance also covers the policyholder against damages/losses caused due to human-made disasters (acts of terrorism, riots, vandalism, and strikes, among others), self-ignition, thefts, explosions, fires, inundation, and the like.
Helps you save money in the future
Repair or replacement costs associated with your Maruti Suzuki car because of damages can take a toll on your finances. By investing a small amount in car insurance, you don't have to bear such hefty expenses later. Additionally, the insurance market is full of different products, so it's not much of a hassle to purchase a car insurance policy meeting your needs. A
comprehensive car insurance policy offers protection against both third-party and own damages. You can further widen the policy coverage scope by buying add-on covers.
In the aftermath of an accident, you get involved with tedious, time-consuming processes like getting your car repaired and settling the matter with the third party involved. If you have a car insurance policy, the insurer takes responsibility for paying the car repair cost and negotiating with the third party. Many
car insurance policies also tow the insured vehicle to the authorised network garage for repair. Reliance provides over 8200 cashless garages. All you have to do is raise a claim for to handle these tasks.
Moreover, you can also have peace of mind with an appropriate car insurance policy since your finances don't have to bear the brunt of the damages/losses caused due to your Maruti Suzuki car getting involved in an unfortunate incident.
Car Insurance Renewal Process
Insurers have made it
easy for their customers to
renew car insurance by making the process available online. Online insurance renewal is convenient and saves time. Additionally, it requires zero to minimal paperwork, doesn't need agent involvement, and helps you get the best deals/discounts. Timely renewal of your insurance policy is crucial to have uninterrupted coverage and benefits. Here's how you can easily renew your Maruti
car insurance policy online:Go to the Reliance General home page.Enter your policy number in the box under the Car/Bike Insurance heading. You can find your policy number on the policy document you received from the insurance company.Click on Renew Now and provide all the details asked for on the next page.Review the policy details and your add-ons. Modify the covers if required.Verify whether the premium amount shown is correct.Read through the car and nominee details and if the information is accurate, click on the Pay tab.Make the payment using a debit/credit card or net banking.The insurer will send an e-copy of the policy document to your registered email ID.
Keep your policy document, registration certificate (RC), RC book, and other such documents on hand while renewing the policy so that you have quick access to the information required. Doing so will help you get through the renewal process smoothly and without any delays. Non-renewal of your
car insurance policy within the stipulated period results in a break-in. Moreover, you lose your policy benefits and the No Claim Bonus (NCB) if you don't renew the policy within the 90-day break-in period. Consequently, you must purchase a new motor insurance plan, typically issued after the Maruti Suzuki car clears an inspection and the insurer receives the necessary documents. A valid insurance policy is a must for filing claims.
Car Insurance Claims Process
In the event of an accident or an unfortunate incident that causes damage to your Maruti Suzuki car, you may have to file a claim. You must know how to claim
car insurance so that the settlement process is hassle-free. Read the inclusions and exclusions of your policy thoroughly before filing a claim. It will not only make the process easier and less stressful, but you will also be in a better position to claim if you understand what is and is not covered.
When raising an insurance claim, you can choose between a cashless claim and a reimbursement claim. Let's take a closer look at each of these.
cashless claim, you can get the insured car repaired at an insurer-authorised network garage without bearing any expenses, except the depreciation (if you don't have a zero depreciation cover), deductible, and other repair costs the policy doesn't cover. Reliance General directly settles the repair bills with the garage. To file a
Inform the agent about the accident by calling them on their toll-free number, sending them an email or through the Self-i App or the website.
Note down information about the third party involved in the accident, including their vehicle number and contact details. Collect the details of the witnesses involved, if any.
File a First Information Report (FIR) about the accident at the nearest police station. While reporting the incident, provide as many details as possible (the location of the accident, the contact details and vehicle number of the third party, the witnesses, and the like). Make sure you have a copy of the FIR.
You can file the claim either online or offline by submitting a claim form, along with details of the accident and the necessary documents. Visit a branch of the insurer to raise the claim offline.
Shift the car to a network garage yourself for repair or ask the insurance provider to do it for you. The vehicle undergoes a thorough inspection at the garage. After this, the garage provides an estimate of the repair work to the insurer. Upon the insurance company's approval, the repair work begins. The garage sends the repair bills to the insurer, who then evaluates them and makes the payment. You only have to cover the deductible and depreciation.
Reimbursement claims let you get the insured Maruti Suzuki car repaired at your preferred garage (even if it's not in the garage network of the insurance company). Pay the repair bills upfront, then send them to the insurance provider. The insurer reimburses you for the repair expenses based on the bills. The
reimbursement claim procedure
is similar to the one for filing cashless claims:
Follow steps 1 to 4 stated above.Get the damaged car repaired at a garage of your choice.Settle the repair bills with the garage.Submit the original repair bills and receipts to the insurer for reimbursement after informing them about the repair work. The insurance company verifies these bills before initiating the reimbursement process.
Remember to keep the documents required to file a claim in an easily accessible place so that there's no delay in claim settlement.