Secure your Maruti Suzuki Celerio with tailored insurance coverage today!
The Maruti Suzuki Celerio is a popular hatchback in India that falls under the entry-level category. As it is a significant investment, it's essential to purchase a car insurance policy to protect it. You can choose from three different types of plans, including third-party car insurance, comprehensive car insurance, and own damage insurance, all of which can cover both expected and unexpected expenses. If you want to learn more about purchasing an insurance policy for Maruti Suzuki Celerio in India, keep reading.
Here’s a look into the insurance premium cost of the Maruti Suzuki Celerio for all its variants:
Celerio Variants |
Ex-Showroom Price*
|
Fuel Type |
Estimated Third-party Premium for FY2023-24
|
Celerio LXI |
₹6.32 Lakhs |
Petrol |
₹2,094 |
Celerio VXI |
₹6.86 Lakhs |
Petrol |
₹2,094 |
Celerio ZXI |
₹7.18 Lakhs |
Petrol |
₹2,094 |
Celerio VXI AMT |
₹7.43 Lakhs |
Petrol |
₹2,094 |
Celerio VXI CNG |
₹7.61 Lakhs |
CNG |
₹2,094 |
Celerio ZXI AMT |
₹7.43 Lakhs |
Petrol |
₹2,094 |
Celerio ZXI Plus |
₹7.73 Lakhs |
Petrol |
₹2,094 |
Celerio ZXI Plus AMT |
₹8.30 Lakhs |
Petrol |
₹2,094 |
Disclaimer: 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.
Here's a simplified guide to buying insurance for your Maruti Suzuki Celerio on Bajaj Markets:
Navigate to the 'Car Insurance Premium Calculator' section
Enter your vehicle details and contact information
Fill in the application form and select your preferred insurance plan
Complete the online payment and download your insurance copy instantly
The Maruti Suzuki Celerio can offer you a hassle-free driving experience for a long time if you maintain it well. Securing a comprehensive insurance plan is crucial to safeguard your vehicle against various risks, including accidents, theft, natural disasters, and more. Not having an insurance policy can lead to exorbitant expenses for repair work in case of damage due to an accident or other reasons. It is important to note that as per the Motor Vehicles Act, 1988, having at least third-party insurance is mandatory.
There are three types of Maruti Celerio insurance plans to choose from:
Third-party insurance provides basic coverage mandated by law. It safeguards against liabilities arising from damages or injuries to third parties. This insurance is essential for legal compliance and offers financial protection in case of accidents involving your Celerio.
Comprehensive insurance offers broader coverage compared to third-party insurance. It includes protection against damages to your Celerio as well as third-party liabilities. This type of insurance encompasses risks such as theft, vandalism, natural disasters, and accidents, providing comprehensive financial security for your vehicle.
Own damage insurance focuses specifically on protecting your Maruti Celerio against damages. It covers damages from accidents, collisions, fire, theft, and more. This insurance ensures that repair or replacement expenses are covered, offering peace of mind and financial stability in the event of unforeseen damage to your vehicle.
Third-party insurance covers damages and injuries to the third party involved in an accident
Comprehensive insurance provides coverage for damages and injuries to your vehicle as well as third-party cover
Your insurance plan includes any add-ons you may have purchased for additional coverage
Exclusions in car insurance include situations like normal wear and tear of parts
Accidents due to drunk driving and consumables are also not covered under the policy
Here are some important add-ons to consider for your Maruti Suzuki Celerio:
This cover allows you to claim insurance for damages equivalent to the purchasing price of your car, without factoring in depreciation.
Provides coverage for accidental injury, disability, or death for you or any driver of your insured vehicle.
Ensures you receive the full retail value of your Celerio if it's irreparably damaged or stolen, through an insurance claim.
Offers coverage for items like oil and coolant, typically not included in insurance plans, ensuring comprehensive protection for your vehicle's maintenance needs.
To make an insurance claim for your Celerio, you will need the following necessary documents:
Car insurance policy papers
FIR of the accident/incident
Detailed information about the incident along with eyewitness accounts
RC papers of the vehicle
Full set of garage bills and receipts (in case of reimbursement)
Report the accident immediately to your insurer
Choose a network garage affiliated with your insurer
Take your vehicle to the nearest network garage for repairs
Submit relevant documents and bills to your insurer
Your insurer will directly settle the claim with the garage after verifying the paperwork
Contact your insurer and inform them about the damage to your car
In case of theft, file a First Information Report (FIR)
Submit the FIR copy and required paperwork to the insurer
Take your vehicle to a garage of your choice and pay for the repairs
Submit receipts and bills to your car insurance provider
The insurer will reimburse your expenses after verifying the bills
If you want to save money while buying insurance for your Celerio, keep the following points in mind:
Research and compare various insurance plans available online to find the one that fits your budget and offers the best coverage for your Celerio
If you haven't made any claims during your policy term, take advantage of the No Claim Bonus in car insurance to lower your premiums at the time of renewal
Install an ARAI-approved anti-theft device in your Celerio to qualify for a discount on your insurance premiums, enhancing security while saving money
For minor damages like scratches or small dents, consider getting repairs done out of pocket to avoid raising your premiums during the next policy renewal term
Understand your driving habits and vehicle value to determine the suitable coverage level. Comprehensive coverage offers extensive protection, while opting for third-party or limited coverage can help lower premiums
Safe driving not only ensures your safety but also helps in reducing insurance premiums. Avoid accidents and traffic violations to maintain a good driving record
Installing approved anti-theft devices like alarms or tracking systems can lower the risk of theft and make you eligible for discounts on insurance premiums
Opting for a higher deductible can lower your premiums. Just ensure that you can comfortably cover the chosen deductible in case of a claim
Safe driving earns you NCB, which translates into discounts on premiums for each claim-free year. Maximize your NCB by avoiding small claims that you can cover out of pocket
Don't settle for the first quote you receive. Shop around and compare quotes from different insurance providers to find the best rates
Bundling multiple insurance policies with the same provider can lead to discounts. Consider combining auto and home insurance policies to save on premiums
The main types of insurance available for Maruti Suzuki Celerio include third-party insurance and comprehensive insurance.
Yes, third-party insurance is mandatory by law for all vehicles in India, including Maruti Suzuki Celerio.
Yes, you can customize your insurance coverage for Maruti Suzuki Celerio by opting for add-on covers according to your specific needs.
Yes, insurance providers may offer discounts such as No Claim Bonus (NCB) for claim-free years, installation of anti-theft devices, or opting for voluntary deductibles.