Motor Insurance: Buy or Renew Motor Vehicle Insurance Online (2024)

Motor Vehicle Insurance

Motor insurance is a financial protection for cars, bikes, trucks, bus and other vehicles that covers damages to vehicles and liabilities arising from accidents, providing peace of mind to vehicle owners.

• 4300+ Cashless Garages
• Superfast Claim Settlement
• Instant Policy Issuance
• Customizable IDV Value
• Affordable Premium
• 4.8 Customer Ratings

• 1Legal Requirement: Motor insurance is mandatory by law in India under the Motor Vehicles Act. Driving without insurance can lead to legal penalties and even imprisonment.

• 2Financial Protection: With the increasing number of accidents and vehicle thefts in India, motor insurance provides crucial financial protection against unforeseen events that could lead to significant expenses.

• 3Personal Accident Coverage: Vehicle insurance policies include personal accident coverage, offering financial support in case of injury or death to the vehicle owner/driver.

• 4Peace of Mind: Motor insurance provides peace of mind, knowing that you are financially secure against the potential risks and uncertainties of driving on Indian roads.

In conclusion, motor insurance policy is not only a legal obligation but also a practical necessity for anyone driving in India, offering vital protection to your vehicle against various risks and uncertainties on the road.

• 1Third-Party Liability Coverage: This covers legal liabilities arising from injuries or property damage caused to third parties due to an accident involving the insured vehicle.

• 2Own Damage Coverage: Comprehensive policies cover damages to the insured vehicle due to accidents, theft, fire, natural disasters, and vandalism.

• 3Personal Accident Cover: Insurance often includes coverage for the vehicle owner/driver in case of bodily injury or death resulting from an accident.

• 4Cashless Repairs: The option for cashless repairs at network garages ensures convenience during claims

• 5Add-On Covers: These are optional coverages that can be added to enhance the policy's scope, such as zero depreciation cover, roadside assistance, engine protection, and more.

With other features like no claim bonus, coverage for passengers, and efficient claim settlement, Motor Insurance policies ensure a secure and worry-free driving experience.

Few reasons to consider IFFCO TokioMotor Insurance :

• Cashless Claim across Network Garages

• High Claim Settlement Ratio

• Reliable 24*7 Support

• 23 Years of Serving Insurance

• 4.8 Customer Rating

• Large network garage :Hassle Free claims experience across 4300+ Garages.

• Super-fast Claim Settlement :Our claim settlement process settles claim quickly.

• 24/7 Customer Support :Our team works 24/7 to help you with all motor insurance related queries.

• Reliable Road Side Assistance :Our team provide support in case of flat tyre, battery jumpstart, Fuel issue, Towing etc.

• Easy Renewals :Online easy renewal process for your convenience.

• 23+ Years of Trust :Reliable and trusted company for motor insurance.

• Pan India Network :You can buy motor insurance policy from any of our 20,000+ agents and branches.

• Best Claim Settlement :For complete piece of mind, we have best claim settlement experience for motor insurance.

Inclusions: Coverage Offered by Our Motor Insurance Policy

IFFCO Tokio’s motor insurance policy provides coverage against :

Exclusions: What’s Not Covered By Our Motor Insurance Policy

Common exclusions in a motor insurance policy include:

• Damages due to war and related events

• Damages resulting from nuclear events

• General Wear and Tear of the vehicle

• Mechanical or Electrical Breakdown without involving in an accident

• Damages caused while driving under the influence of alcohol or drugs

• Damages caused while driving without a valid driving licence

• Damages caused due to unauthorized modifications to the vehicle

• Damage happened when driving outside the designated geographical area.

• Any intentional damage or damage due to reckless driving

How to File a Claim for your IFFCO Tokio Motor Insurance Policy

You have multiple options to register a claimfor your vehicle:

• QCS App

• Telephonic (Call Centre)

• Online (Website)

Let’s check these steps in detail –

Register a claim via QCS App :

Simply upload the necessary images and documents on the app, and your claim would be handled promptly.

Register a claim via Call Centre :

You can register a claim for compensation online or by reaching us on 1800-103-5499 or 0124- 4285499. Our customer care executives will guide you with the further procedure.

Register a claim via Website :

To make a claim online via IFFCO Tokio website, you will have to log in with your registered Email ID and Password. When you log in, just find the ‘make a claim’ option and follow the steps mentioned.

Steps to Raise a Cashless Claim for Motor Insurance Online

Get cashless claim settlement at one of our network garages. The cashless claim process involves three simple steps :

• Intimation - Intimate your claim through our QCS app

• Survey - Upload the required documents and evidence related to the damage caused to your vehicle on the app

• Claim Settle- Post-verification, the compensation will be credited to your bank account

IFFCO Tokio's Cashless Garage

Get Cashless repairs at 4300+ garages across India

Motor insurance or vehicle insurance is a type of insurance cover specifically designed for four wheelers, cars, two wheelers, commercial vehicles, scooters, bike, tractors, trucks etc.

Motor insurance serves as a crucial safety net, offering financial protection to vehicle owners against potential risks and uncertainties on the road such as accidents or any other natural calamities. A motor insurance also provides protection against third party liabilities.

Types of Coverages under Motor Insurance

Whether you are buying a car, bike or a commercial vehicle, the types of coverage under motor insurance are classified into two types:

1. Comprehensive Motor Insurance

2. Third Party Motor Insurance

Lets compare both motor insurance coverages-

Difference between Comprehensive Motor Insurance & Third Party Motor Insurance

At IFFCO Tokio, we have simplified the process of buying or renewing your motor insurance policy. You can easily do it online, as simple as clicking a few times. It's like fastening your seatbelt – quick and effortless!

You can also quickly get a quotation within minutes. Just provide some basic vehicle details and the coverage you are looking for your vehicle. Based on the information you provide to us, we will put together different coverage options for you to choose from.

If you want, our team can also reach out to assist with any questions you might have.

• Convenience: Easily research, compare, and purchase policies from anywhere at any time.
• Time Savings: No need to visit physical offices; the process is quicker and more efficient.
• 24/7 Access: Online platforms are available around the clock for browsing and buying.
• Instant Quotes: Get real-time premium quotes based on your vehicle information.
• Save Money: We offer online discounts due to reduced administrative costs.
• Immediate Coverage: Once purchased, coverage often starts instantly.
• Paperless Process: No paperwork and easily access digital policy documents.
• Transparency: Clear policy details and terms provided upfront for informed decisions.
• User-Friendly: Intuitive website and app. make policy management and renewals hassle-free.
• Secure Transactions: Secure payment gateways protect your personal and financial data.
• Environmental Impact: Minimize paper usage and contribute to sustainability.
• Documentation Access: Instant access to policy details and proof of insurance.

• 1 Access the Motor Insurance section on IFFCO-Tokio's website using any web browser. ( Depending on your vehicle type you could also visit Car Insurance/Bike Insurance or Commercial Vehicle Insurance)
• 2 Enter your vehicle registration number. Upon submitting the details, you will instantly view all the available insurance options depending on your vehicle type.
• 3 Choose the insurance plan that suits your preferences and further personalize it by selecting additional features as per your budget.
• 4 After finalizing the customization, proceed to make the payment for selected motor insurance plan.
• 5 You will receive a digital copy of your vehicle insurance policy instantly via email.

• 1Enter your vehicle's registration number and the policy number from your expiring policy.
• 2We will retrieve the premium information and coverage details.
• 3Complete the online payment and obtain a downloadable copy of your renewed policy.

• 1Coverage Options: Evaluate the coverage offered like third-party liability, own damage or comprehensive – and ensure it aligns with your protection needs.
• 2Policy Inclusions and Exclusions: Thoroughly understand what's covered and what's not including the limitations.
• 3Add-Ons: Consider relevant add-ons like zero depreciation, roadside assistance, and engine protection for enhanced coverage.
• 4Claim Process: Research and opt for plan offering smartphone-based claim process for ease of use.
• 5Cashless Garages: Opt for plan with good cashless garages in your area. You can use “Garage Locator” to find network garage in your area.
• 6Claim Settlement Ratio: Look for insurers with a good claim settlement ratio to ensure hassle-free claims. IFFCO Tokio has the best claim settlement ratio in the industry.
• 7Customer Reviews: Read customer reviews and ratings to gauge the insurer's service quality and responsiveness.
• 8Customer Support: Check the availability and responsiveness of customer support for queries and assistance.
• 9Policy Renewal Process: Understand the ease and clarity of policy renewal procedures.
• 10Digital Experience: Assess the user-friendliness of the website for a smooth buying or renewal process for your motor insurance policy.

• Vehicle Type & Model: The car's make, model, and age influence premium due to repair costs.

• Driving History: Accidents & claims can raise premium costs.

• Location: Areas with high traffic or crime rates might lead to higher premiums.

• Coverage Type: Comprehensive coverage costs more than basic third-party policies.

• No Claim Bonus: A history of no claims can earn you a discount.

• Deductibles: Opting for higher deductibles can lower premiums.

• Add-Ons: Additional coverage options increase premium.

• Insurance History: A lapse or no prior coverage can increase premium.

• Type of Use: Personal or commercial use affects premium.

• Vehicle Value: Higher vehicle value can lead to higher premium.

Simple, just use the vehicle insurance premium calculator. This online tool allows you to check the premium of your motor vehicle insurance policy using some very basic information. To calculate the premium, you must provide the following details:

• Vehicle manufacturer’s name

• Model number

• Manufacturing year

• Fuel type

• IDV

• Policyholder’s details – name, residence address, age

Know More About Motor Insurance