Hyundai Venue Car Insurance

In order to refrain from any additional expense for damages to your Hyundai Venue, purchasing a Hyundai Venue car insurance is essential. You can either opt for a third-party car insurance or a comprehensive Hyundai Venue car insurance. Under a comprehensive insurance policy, you get coverage for damages to the third-party, your Hyundai Venue, repair and replacement costs, and other expenses that you may incur. You can also enhance your insurance coverage with add-on covers like the return to invoice cover, consumables cover, zero depreciation cover, and accessories cover. With the Hyundai Venue car insurance, you can live worry-free, knowing fully well that you will be compensated for any mishaps you suffer.

Here is a list of the Hyundai Venue variants and the cost of Hyundai Venue car insurance:

*The ex-showroom prices are for Delhi and are subject to change based on the city.

**Third-party premium rates are indicative. The actual premium that you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your car insurance policy.

Buying a Hyundai Venue car insurance is no longer a hassle. It can be done in a simple manner online within minutes. Follow these steps to buy car insurance online:

• Fill in your mobile number and your Hyundai Venue registration number.

• Provide all the necessary details about your car.

• Pick the car insurance that is best suited for your needs.

• Pay the car insurance premium online.

• Your Hyundai Venue car insurance policy will be sent to your email address upon successful payment.

Your Hyundai Venue can help you commute in comfort and luxury. To keep it looking good as long as possible, you need to maintain your car in perfect shape. This would also mean that you would have to repair your car in case of any damage. The repair or replacement cost of damaged car accessories can go up to ₹1 Lakh or more. Purchasing car insurance can cut costs and help you save money while maintaining your car in a good condition. Moreover, it has also been made mandatory to have car insurance if you own a car. 

In India, you can opt for a third-party car insurance plan or a comprehensive car insurance plan for your Hyundai Venue.

Third Party Car Insurance

A third-party cover is mandatory by law under the Motor Vehicles Act, 1988. It essentially protects you from all of the financial liabilities that are incurred by you towards a third party only. Hence, the premium charges are easy on the pocket. The coverage of such policies is not extended to you or your car in any unfortunate event. So, if you are looking to buy an extensive cover for your Hyundai Venue, it is recommended to buy a comprehensive car insurance policy.

Comprehensive Car Insurance

With a comprehensive cover, you are safe from both your own damages as well as third-party liabilities. A comprehensive cover is considered to be an all-rounded cover that provides you with financial aid against all liabilities that you may incur. 

Third-party car insurance covers any damages caused by your Hyundai Venue to a third party (physical injuries, damages to property, damages to the vehicle, and death). Comprehensive car insurance policies include damages caused to your insured Hyundai Venue, third-party liabilities, repair and replacement expenses, personal accident, etc.

While there are certain inclusions in the Hyundai Venue car insurance policy, there are certain exclusions as well. Some of the expenses that are excluded from your Hyundai car insurance are damages incurred as a result of malicious activities, electrical and mechanical breakdown, damages caused due to overspeeding or driving under the influence of intoxicants, etc.

You can purchase certain add-on covers to enhance your Hyundai Venue insurance policy. Here are some common add-on covers.

• Return to Invoice

  Return to Invoice will ensure that you receive the invoice value of your Hyundai Venue in case it is lost/stolen.
  

• Consumables Cover

  Consumable expense cover provides coverage for the repair/replacement of consumables like engine oil, gearbox oil, bearings, washers, AC gas, etc. after an accident.
  

• Zero Depreciation Cover

  To get the complete claim amount without factoring in the depreciation of your Venue, you can opt for a zero-depreciation car insurance add-on cover.
  

• Accessories Cover

  This covers for damages incurred to your Hyundai Venue’s accessories in case of any mishap.

In case of a claim, you are required to submit the following documents:

• Duly filled and signed claim form

• Copy of the insurance policy

• Copy the vehicle’s registration certificate (RC)

• Licence copy of the driver driving the vehicle at the time of the accident

• Copy of the FIR/Police Panchnama registered

• Original bills and receipts of the vehicle repair

Cashless Claim for Car Insurance Policy

In this claim, your damaged car will be repaired at the closest network garage. Your insurer will pay the garage directly for all the expenses that have been incurred.

Reimbursement Claim for Car Insurance Policy

In this claim, you can decide on a garage of your choice, bear the expenses, and then file a claim for reimbursement against your insurance policy. Upon approval of your claim, the amount will be transferred to your registered bank account.

Here are some ways to help reduce your car insurance premium:

• No Claim Bonus Rewards

By making zero claims throughout the policy tenor, you can earn No Claim Bonus (NCB) rewards and get a cost-effective renewal premium on your car insurance policy. 

• Avoid Small Claims

Avoid raising insurance claims for inexpensive repairs to secure your No Claim Bonus (NCB) reward.

• Install Anti-Theft Devices in Your Hyundai Venue

For an additional reduction in the insurance premium, you can choose to install anti-theft devices authorised by the Automotive Research Association of India (ARAI).

• Compare Premium Quotes

Make sure to compare the insurance premium quotes for the car insurance policies offered by various companies to get the best plan that suits your needs!
  

• Maintain Your Hyundai Venue

Another easy way to lower your insurance premium is to maintain your Hyundai Venue and get it serviced regularly.

• Inspect Tyres 

Regularly inspect the tyres for damage, cuts or excessive wear and tear. Also, check for any missing or loose wheel nuts.

• Check Car Battery

Regularly check your car battery and see that the battery cables are not corroded, and the electrolyte levels are adequate. 

• Test the Lights

Regularly test the car lights, including headlights, tail lights, turn signals and dashboard clickers, and change them as required.

• Check Fluids Regularly

Check your oil, coolant, brake, and power steering fluids regularly.

The estimated Hyundai Venue maintenance cost for five years is ₹14,185. The first and second servicing of your Hyundai Venue is free of cost. Below is the maintenance schedule and the cost applicable:Note: The actual on-road prices for different Hyundai Venue variants are subject to change and can vary from time to time.

1.0 Petrol Variant

The Hyundai Venue is a subcompact SUV launched in India in the year 2019. Since then, the Venue has become one of the most sought-after vehicles in India. Available in 7 different colours, the car is loved for its ‘fully-connected’ modern tech offerings, stylish interiors, impressive features, ample cabin space and stylish looks. In the year 2020, the venue received the “Indian Car of the Year” award. 

Some of the key specifications of the Hyundai Venue are:

Here is a list of the Hyundai Venue car on-road prices in different cities:

Note: The actual on-road prices for different Hyundai Venue variants are subject to change and can vary from time to time.

Some of the key Hyundai Venue features are:

• Power Steering

• Anti-Lock Braking System

• Driver Airbag

• Passenger Airbag

• Air Conditioner

• Automatic Climate Control

• Alloy Wheels

• Power Windows (Front)

Note: The actual features may vary depending on the Hyundai Venue variant.

Now that you know about the Hyundai Venue’s specifications and price, it’s time to choose the right Hyundai Venue car insurance coverage plan that suits your needs. So, wait no more! Head over to Bajaj Markets to get your hands on a suitable plan with the adequate Hyundai Venue insurance amount and plenty of benefits such as quick processing, minimal documentation, etc.