Insurance for Hyundai Verna

• Mandatory or Optional: Third-party liability insurance is often mandatory in many regions, as it ensures that you can compensate others for their losses in an accident you caused.

• Why Consider It: It satisfies legal requirements, protects your financial assets, and ensures that you can cover the costs of damage or injuries you cause to others.

2. Comprehensive Insurance:

• Coverage: Comprehensive insurance offers coverage for a wide range of events that may damage your vehicle, including theft, vandalism, natural disasters, and collisions with animals.

• Mandatory or Optional: Comprehensive coverage is typically optional, but it is recommended for those seeking extensive protection for their own vehicle.

• Why Consider It: It provides comprehensive protection beyond just collision incidents, ensuring that your car is covered in various situations, such as theft or damage from natural disasters.

3. Standalone Insurance:

• Coverage: A standalone insurance policy usually refers to a single type of coverage, such as comprehensive or collision, without bundling it with other coverage types. For example, you can purchase standalone comprehensive insurance without including liability coverage.

• Mandatory or Optional: The decision to opt for standalone coverage depends on individual preferences and circumstances. In some cases, it might be required, while in others, it's a matter of choice.

• Why Consider It: Standalone insurance allows you to tailor your coverage to specific needs. For instance, if you have liability coverage through another source (such as mandated state insurance), you might choose standalone comprehensive coverage to focus on protecting your vehicle.

 

When deciding on the most suitable insurance plan for your Hyundai Verna, consider factors such as your driving habits, the value of your car, and your willingness to cover a broad range of risks. Many individuals opt for a combination of coverage types to ensure both liability protection and coverage for their own vehicle. As always, it's advisable to carefully read and understand the terms and conditions of any insurance policy before making a purchase.

• Engine Protect Cover
  Offers financial aid for the repair of Verna engine’s damage that may be caused by oil leakage, water seepage, or any other corrosive incidents.

• Personal Baggage Cover
  Covers loss or damage caused to your baggage lying in your Verna car during an accident.

• Consumables Cover
  Offers financial support for consumable replacement or repair such as coolant, engine oil, brake oil, etc., post an accident.

• Invoice Cover
  In the event of a total loss of your Verna due to theft or a grave accident, this add-on permits you to claim as much as Verna car’s insured declared value (IDV) or its on-road price.

Filing a Claim - Things to Know

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 of the vehicle’s registration certificate (RC)

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

• Copy of the FIR registered

There are two types of car insurance claims:

Claiming a Cashless Car Insurance Policy

With a cashless claim, you'll be able to get your damaged car repaired at a network garage near you. Your insurer will pay the garage after the repairs are completed.

Claiming Reimbursement

With this claim, you can choose a garage of your preference and get your damaged car repaired at your own expense. Once the repairs are completed, you can file a claim for reimbursement from your insurance provider. Post the completion of the processes, the funds will be transferred into your account.