LOANS

INSURANCE

INVESTMENTS

CARDS

eStore

Discover

MY OFFERS

CUSTOMER PORTAL

ABOUT US

CONTACT US

Save 80% on Premium | 4000+ Network Garages | On the spot claim settlement | Buy a Car Insurance Now!

Jeep Car Insurance in India

Jeep insurance plans play a huge role in maintaining your prized four-wheeler. A comprehensive plan ensures that your car is protected against threats like man-made disasters, theft, accidents, natural calamities, and more. In fact, it also offers the option of enhancing your Jeep insurance plan with add-on covers. Since the Jeep car is a luxury vehicle with an ex-showroom price of ₹18.38 Lakh to ₹56.34 Lakh in Delhi, you should safeguard your vehicle and cover any repair costs.

READ MORE

Jeep Insurance

The brand ‘Jeep’ dates back to almost a century having some of the most popular four-wheeler models. With 5-star ratings in ANCAP and NCAP crash test rounds, Jeep enjoys a strong presence in the Indian automobile market. The Jeep vehicle ex-showroom prices start at ₹18.04 Lakhs, whereas, the most expensive model is priced at ₹60.35 Lakhs. Though every Jeep four-wheeler is powerful, repairing/replacing any parts of their vehicle can cost a fortune. However, with a good Jeep insurance plan in hand, you can easily cover these expenses without any hassles. Moreover, a comprehensive car insurance plan makes sure you have sufficient coverage against various mishaps on the road. In this article, let’s understand the features and importance of Jeep insurance in detail.

Popular Jeep Car Models

Currently, there are two Jeep car models available in India, Jeep Compass and Wrangler. Here is the Jeep car ex-showroom price and the premium quotes:

Jeep Model

Ex-Showroom Price*

Fuel Type

Estimated Third-party Premium~

FY 2022-23

(effective 1st April, 2022)

Jeep Compass Sport

₹18.04 Lakhs

Petrol & Diesel

₹7897

Jeep Compass Longitude

₹21.54 Lakhs

Petrol & Diesel

₹7897

Jeep Compass Limited

₹23.64 Lakhs

Petrol & Diesel

₹7897

Jeep Compass Night Eagle

₹21.95 Lakhs

Petrol & Diesel

₹7897

Jeep Compass Model S

₹25.79 Lakhs

Petrol & Diesel

₹7897

Jeep Compass TrailHawk

₹30.97 Lakhs

Diesel

₹7897

Wrangler Unlimited

₹56.35 Lakhs

Petrol

₹7897

Wrangler Rubicon

₹60.35 Lakhs

Petrol

₹7897

 

Disclaimer: The Jeep ex-showroom prices are for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual Jeep insurance premium prices that you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your car insurance policy.

How to Buy Jeep Insurance Effortlessly

You can opt for Jeep car insurance at amazing prices with these easy steps:

Step 1: Go to the “car insurance premium calculator” page on the Bajaj MARKETS website.

Step 2: Fill in the vehicle registration number and contact number.

Step 3: Choose a suitable coverage for your Jeep four-wheeler.

Step 4: Fill in the online form and submit your car’s details.

Step 5: Complete the payment of your Jeep Insurance.

Step 6: Your car insurance plan will be issued soon!

How to Renew Jeep Insurance in a Jiffy

Renew your Jeep insurance plan in 5-easy steps:

Step 1: Go to the ‘car insurance renewal’ page on your insurance provider’s website.

Step 2: Enter your registration number and contact details. Add the previous policy details

Step 3: Check your Jeep car insurance online renewal quote.

Step 4: Make the payment online.

Step 5: Download the policy copy.

Read More: Car Insurance Renewal

Why Should You Insure Your Jeep

The unpredictability of life is known to everyone. The day we buy a car, we expose it to risks like natural calamities, man-made disasters, accidents, and more. And here’s a fact: Jeep is known for manufacturing the finest quality vehicles! It implies that every inch of this car is built using top-notch materials. For example, replacing a Jeep clutch set alone can cost up to ₹19,000. Thus, repairing or replacing these parts would most likely burn a hole in your pocket. Hence, insuring your Jeep with a Jeep car insurance policy is a money-smart decision.

Why Should You Opt for Comprehensive or Third-Party Car Insurance?

  • Third-Party Car Insurance

First and foremost, third-party car insurance is compulsory to drive legally in India. It provides protection against third-party property damage or loss, bodily injuries, and even the death of the victim. Your insurance provider shall compensate for any such losses but any damage incurred by your own vehicle isn’t covered under the plan.

  • Comprehensive Car Insurance

Such an insurance policy financially safeguards your precious four-wheeler against most kinds of perils. Be it theft, calamities, third-party liabilities or accidental damage, your insurance plan has got your back! Though the comprehensive car insurance prices are slightly on the higher side, you get your money’s worth due to extensive coverage.

What is Covered Under Car Insurance

Third-party Jeep insurance covers third-party damage, the death of the victim, and bodily injuries sustained due to your insured vehicle. Furthermore, comprehensive car insurance covers theft, man-made disasters, natural calamities, accidental damage, third-party liabilities, etc.

What isn’t Covered Under Car Insurance

The comprehensive Jeep insurance doesn’t cover natural ageing of the car, damage resulting from driving under the influence, mechanical or electrical breakdown, driving without a licence or insurance plan, etc.

Shield Your Jeep Car with Add-on Covers

You can combine your comprehensive Jeep car insurance online with some key add-on covers for maximum coverage. Let’s look at the add-ons available with your Jeep four-wheeler:

  • Zero Depreciation Cover

A zero depreciation car insurance cover enables you to get the full claim amount without making any deductions for the depreciation rate of your four-wheeler.

  • Return to Invoice Cover

Return to invoice cover offers you the invoice value of your Jeep in case your car gets stolen or lost. Here the invoice value is nothing but the amount you paid at the time of purchasing the car.

  • Consumables Cover

Consumables include the items used for the proper functioning of the vehicle and that undergo frequent wear and tear. These include the gearbox oil, engine oil, distilled water, nut and bolt, brake oil, screws, grease, oil filter, bearings, etc. With consumables cover, you do not have to pay for the repair or replacement of these items.

  • Engine and Tyre Secure

With this cover in Jeep insurance, you are adding safety to your engine and tyres. For replacement or repair, the insurer will compensate for the expenses incurred without any trouble.

Steps to Claim Your Jeep Insurance Policy

Ensure you have the following documents handy while making the Jeep car insurance claim:

  • Jeep insurance policy document

  • Jeep car details

  • Insurer details

  • Details of the incident

  • Original bills and receipts of the vehicle repair

  • FIR copy in case of theft or third-party insurance

There are two types of Jeep insurance claims:

  • Cashless Claim Under Car Insurance

You can opt for a cashless claim by visiting the nearest network garage associated with the insurer. For such a car insurance claim type, the garage will directly settle the bill with the insurance provider.

  • Reimbursement Claim Under Car Insurance

For reimbursement claims, you can choose a garage of your choice that isn’t associated with the insurer. Later, you can raise a claim and submit the original bills to get the right compensation amount.

Read more: Car Insurance Claim Process

Tips to Reduce Jeep Insurance Premium

Here are a few ways to reduce your Jeep car insurance premium cost:

  • Claim No Claim Bonus

With a No-Claim Bonus add-on cover, you can earn a reward for making zero claims during the policy period. This ensures your premium rate at the time of renewal is cost-effective.

  • Install Anti-Theft Devices

Installing additional safety devices in your vehicle is a smart move. But along with protecting your car, it also helps you in reducing your insurance premium rate.

  • Maintain Your Vehicle

If you want to buy car insurance at a more feasible rate, make sure that your vehicle is in its prime condition.

  • Avoid Unnecessary Car Modifications

More features, higher car insurance premiums! Hence, avoid making unnecessary modifications to your car.

Wrapping it Up!

With this, we have summed up the importance of car insurance and its features for your Jeep car. Even if you take all sorts of precautions on the road, insurance is a must without a doubt! To avail the suitable car insurance for your Jeep SUV, you can head over to Bajaj MARKETS right away!

To check the car insurance premiums for policies available on Bajaj MARKETS, use the online car insurance calculator. The tool helps you determine the premiums and compare the prices of car insurance plans offered by other insurers as well. That way, you will be able to make an informed decision. 

Check Out Car Insurance Plans Available at Finserv MARKETS

Top Car Insurance Pages

Other Jeep Cars & Model

Top Cities & Car Brands

FAQs on Jeep Insurance

✔️What is the Jeep car insurance premium price?

The Jeep car insurance cost depends on numerous factors such as fuel type of car, area of residence, age of the vehicle, NCB discount, etc.

✔️Do I need to carry my Jeep car insurance document when driving the vehicle?

Yes. You have to carry your Jeep car insurance policy with you at all times when driving on the Indian roads. Moreover, you must ensure you carry other important vehicle-related documents as well.

✔️Is third-party Jeep car insurance compulsory?

Yes. To drive legally in India, you must at least purchase a third-party car insurance plan. 

✔️Can I avail discounts on my Jeep car insurance premium cost?

Yes. You can avail a bonus on your Jeep car insurance premium prices if you install anti-theft devices approved by the ARAI and accumulate the NCB reward!

✔️What is IDV in car insurance?

IDV, also known as Insured Declared Value, is the maximum amount you shall receive from the insurance company on making a claim.

✔️How can I opt for an affordable Jeep car insurance plan?

You can get a cost-effective Jeep car insurance policy with Bajaj MARKETS! The Jeep insurance prices are affordable and provide extensive coverage to your precious four-wheeler.