Looking to get insurance for your Hyundai Verna? Here’s everything you need to know!
In the unfortunate event of damage to your Hyundai Verna, repair and replacement costs can quickly add up, reaching a significant amount. To shield yourself from unexpected expenses, having a car insurance plan for Hyundai Verna is essential. You have three main options: third-party insurance, standalone coverage, or comprehensive coverage.
Opting for comprehensive car insurance provides coverage not only for damages to third parties but also for your own vehicle.
Variant |
Transmission |
Engine & Displacement |
Ex-showroom Price in New Delhi (in ₹ and Lakhs) |
Estimated Third-Party Insurance Premium (2023-2024) |
EX - 1.5L Petrol MT |
Manual |
1.5L Kappa (1497cc) |
9.99 - 10.14 |
₹3,416 |
S Plus - 1.5L Petrol CVT |
Automatic |
1.5L Kappa (1497cc) |
10.84 - 11.03 |
₹3,416 |
SX Opt - 1.5L Petrol IVT |
CVT |
1.5L Kappa (1497cc) |
11.64 - 11.83 |
₹3,416 |
SX Opt Turbo DCT - 1.4L Petrol |
Automatic |
1.4L Gamma (1482cc) |
13.85 - 14.04 |
₹3,416 |
EX - 1.5L Diesel MT |
Manual |
1.5L U2 CRDi (1493cc) |
11.54 - 11.69 |
₹3,416 |
S Plus - 1.5L Diesel AT |
Automatic |
1.5L U2 CRDi (1493cc) |
13.09 - 13.24 |
₹3,416 |
SX Opt - 1.5L Diesel AT |
Automatic |
1.5L U2 CRDi (1493cc) |
14.69 - 14.84 |
₹3,416 |
Disclaimer: Please note that the aforementioned figures are only indicative and are subject to change.
Navigate to the ‘Car Insurance Premium Calculator’ section.
Enter your Hyundai Verna’s registration number and your mobile number. You may also need to provide a few other relevant details.
Browse the insurance plans available for your car and pick one that suits your needs.
Pay the insurance premium online.
That’s it! The policy document will be sent to your registered e-mail ID.
Owning a Hyundai Verna comes with the joy of driving a stylish and efficient car. However, the roads can be unpredictable, and accidents or damages are always a possibility. This is where having a reliable insurance plan for your Hyundai Verna becomes crucial. An insurance policy ensures that you are financially protected in case of unforeseen events, offering peace of mind while on the road.
With a comprehensive insurance plan for your Hyundai Verna, you can enjoy coverage for:
Accidents: Damages to your car due to collisions.
Theft: Protection against theft or burglary of your vehicle.
Natural Disasters: Coverage for damages caused by natural calamities like floods or earthquakes.
Third-Party Liabilities: Financial protection for damages to other people or their property.
While comprehensive insurance provides extensive coverage, certain things may not be included:
Wear and Tear: Regular wear and tear of your vehicle over time.
Mechanical Failures: Damages due to mechanical breakdowns.
Intentional Damage: Damages caused intentionally or due to negligence.
Here are some ways to help reduce your car insurance premium:
Use your No Claim Bonus (NCB) rewards to get a cost-effective renewal premium on your car insurance policy. You can earn NCB rewards by making zero claims throughout the policy tenor.
Avoid filing car insurance claims for inexpensive repairs and secure your No Claim Bonus (NCB) reward.
You can install anti-theft devices authorised by the Automotive Research Association of India (ARAI) to get an additional reduction in the insurance premium.
Don’t forget to compare the car insurance premium quotes offered by various companies to get the best plan that suits your needs!
There are two main types of car insurance available in India for Hyundai Verna:
Third-party car insurance: This is the minimum mandatory cover required by law. It covers the financial liabilities arising from any damage or injury caused to a third party person or property due to an accident involving your Verna.
Comprehensive car insurance: This provides coverage for your own car, in addition to third-party liability. It covers damages or losses caused by accidents, theft, fire, natural disasters, etc.
The cost of car insurance for Hyundai Verna depends on various factors, such as:
IDV (Insured Declared Value): This is the market value of your car as determined by the insurance company. Higher IDV means higher premium.
Your location: Premiums are generally higher in metros and cities compared to rural areas.
Your age, gender, and driving experience: Younger drivers, especially males, are considered higher risk and pay higher premiums.
Add-on covers: Additional covers like zero depreciation, engine protection, etc., increase the premium.
You can get an estimate of your car insurance premium online using car insurance comparison websites or by contacting different insurance companies.
There are several benefits of buying car insurance online for Hyundai Verna:
Convenience: You can compare quotes from different insurance companies and choose the best one at your own convenience.
Paperless process: Most of the paperwork can be done online, saving you time and effort.
Discounts: You may get discounts for buying your car insurance online.
In case of an accident or any other covered event, you should immediately inform your insurance company. They will guide you through the claims process. You will need to provide them with the necessary documents, such as a copy of your car insurance policy, the FIR (if applicable), and repair bills.
Additional tips:
Read the terms and conditions of your car insurance policy carefully before buying it.
Choose an insurance company with a good claim settlement ratio.
Renew your car insurance policy on time to avoid any penalties.