Hyundai Creta Insurance

There is no best car insurance policy out there. The best car insurance policy is one that suits your needs and price point. The easiest way to find a car insurance policy that fits your needs is to purchase online. With just a few clicks you can compare different car insurance companies, the quotes they offer and their network of cashless garages. If you feel you do not know enough to select the right one, we have a variety of articles that can help you understand the basics.

The car insurance provider will only compensate for a shattered windshield in case of a mishap if you own an own-damage cover. The own-damage cover provides compensation for a variety of scenarios including theft, road accidents, vandalism, natural and manmade calamities. However, keep in mind if the mishap occurred due to illegal driving the insurance company will not compensate for the losses.

Yes. your second-hand Creta and every other car driving on Indian roads must have at least a third party insurance according to the Motor Vehicles Act of 1988. The cover takes care of third party liabilities including bodily injury, death and property damage. If you are caught without it you can be fined Rs. 2,000 and/or be imprisoned for up to 3 months.

The insurance premium amount of your Creta depends on the Insured Declared Value of the car. The IDV is the maximum the insurance provider will compensate the policyholder in case of a mishap. Moreover, IDV id decided according to the depreciation rate of the car. The older the car the lower the IDV, the claim amount and the insurance premium.

To file a claim for your Creta, follow the below-mentioned steps:

• Step 1: File an FIR at the nearest police station in the event of a theft, case of vandalism or road accident. If there was a natural or manmade calamity take pictures showing the damage if possible.
• Step 2: Inform the insurance provider about the situation as soon as possible. Remember to confirm the list of documents required as they may differ from one situation to another.
• Step 3: Submit the documents along with the claim form duly filled.
• Step 4: If the car was damaged and needs repairs, it will first be checked by a surveyor. They will draw up a report after which your claim will go through a verification process.
• Step 5: Once the claim is approved you can take it to a network or non-network garage to be repaired. In case of a theft or total loss, the insurance provider will compensate the IDV of the car after you hand over its keys, documents and any other items related to it in your possession.

The No Claim Bonus is a reward that is available for policyholders who purchase own-damage covers for every claim-free year. The reward is cumulative in nature and goes up to 50% in the fifth year.

Zero Depreciation is an add-on cover that can be purchased along with a standalone own damage cover or a comprehensive cover. It negates the depreciation rate of the car during claim settlement making the claim amount significantly higher. The add-on is only available for vehicles that are less than 5 years old and can be used a limited number of times.

The IDV of the car is calculated by deducting the depreciation rate of the car from the manufacturer’s selling price. You can also use the premium calculator available online to check your car’s premium and IDV.

The easiest way to renew your car insurance is to do it online. Simply visit our website InsuranceDekho, select the car insurance tab and renewal from the drop-down menu. Provide the required information such as your car’s registration number, fuel type, variant. Next enter the details of your previous insurance policy and your personal details. Select ‘Proceed’. All the quotes available in your category will be visible on the screen. Select the policy that best suits your needs and the add-ons of your choice. Make the payment for your policy and the policy document will be sent to your registered email ID.