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.
How to buy Skoda Car Insurance Online in Minutes
Here are the steps you can follow to buy Skoda car insurance online at Bajaj MARKETS:
Step 1: Go to the car insurance premium calculator.
Step 2: Enter your car registration details and brand/model information on the calculator form along with other personal information required.
Step 3: A set of Skoda car insurance options will appear on the website.
Step 4: Choose a Skoda motor insurance plan that suits your needs.
Step 5: Pay the online insurance premiums for your chosen plan.
Step 6: Your Skoda insurance plan will be activated and the details will be sent to your registered email.
How to Renew Your Skoda Car Insurance Online
If your Skoda car insurance is about to expire, you can follow the given steps to renew your Skoda car insurance online:
Step 1: Visit the car insurance renewal page of any insurance company’s website.
Step 2: On their renewal page, enter the existing policy details of your Skoda car along with any other information required.
Step 3: Choose from the available Skoda car insurance renewal options available on the website.
Step 4: Pay the online premiums for the insurance renewal.
Step 5: Your Skoda car insurance will shortly be renewed.
Read More: Car Insurance Renewal
Why is it Important to Have Skoda Insurance?
While Skoda Cars are exceptionally easy to drive and come with top-notch safety features, there are always certain risks that they will be exposed to. Even if you drive with the utmost care, accidents can happen due to the fault of others. The repair and replacement costs for all such damages might go as high as ₹1 lakh - ₹2 lakh and sometimes even more than that. A comprehensive car insurance policy will protect your car against all such risks by compensating for the damages caused to your vehicle. Besides, having at least third-party car insurance is mandatory in India under the Motor Vehicles Act, 1988.
Types of Skoda Car Insurance Plans to Choose From
Third-Party Car Insurance
Having third-party car insurance is mandatory by law in India under the Motor Vehicles Act, 1988. It covers only third-party liabilities, and hence, the premium charges are also cheaper. The coverage protection is not extended to you or your Skoda car in any unfortunate event. Therefore, If you are looking to buy an extensive cover for your vehicle, it is recommended that you should buy a comprehensive Skoda car insurance policy.
Comprehensive Car Insurance
A comprehensive car insurance plan for Skoda cars will cover third-party liabilities and damage to your own vehicle as well. You can also extend the scope of your comprehensive Skoda car insurance policy with various add-on benefits. The comprehensive plan has a higher premium as compared to third-party car insurance. However, having comprehensive Skoda car insurance will keep your vehicle protected against unfortunate events at all times.
What is Covered Under Skoda Car Insurance?
Third-party Skoda car insurance covers only damage to the third-party vehicle, physical injuries, and death. A comprehensive Skoda car insurance covers self-damage, theft, man-made or natural disasters, third-party losses and personal accidents as well.
What is Not Covered Under Skoda Car Insurance?
Some of the exclusions of your Skoda car insurance are any damage caused due to speeding, riding someone else’s car, riding under the influence of alcohol, damage caused outside the designated geographical area in the insurance policy, and claims arising from contractual liability, etc.
Add On Covers to Get the Most Out of Your Skoda Car
While getting comprehensive car insurance for your Skoda car, you can buy various additional covers to provide extensive protection to your vehicle. These add-ons are optional, and you can choose the best suited for your vehicle.
Depreciation is not considered during a settlement under a zero-depreciation car insurance add-on. Zero depreciation cover allows you to receive the full market price of the car parts as compensation.
Any damage caused to your Skoda car accessories will be covered in the accessories cover add on.
Consumable Expenses Cover
Expenses for consumables like engine oil, coolant, etc. that are used for the proper functioning of a vehicle’s engine and other parts are covered under this add on.
Engine and Tyre Secure Cover
Your car engine and tyres are covered in this add on. In case of any replacement or repair, you will be compensated for the expenses. Engine damages that are usually not covered under general car insurance will be covered under this add-on.
Read more: Add-on Covers in Car Insurance
Claim Process of Skoda Car Insurance
Take a look at the important documents required for claiming your Skoda car insurance:
Skoda insurance policy document
Skoda car details
Details of the Incident
FIR copy, in case of theft/vandalism
Original bills and receipts of the vehicle repair
Skoda car insurance provides all-around protection in case of any unfortunate accidents, car theft, etc. While getting Skoda car insurance is the first step to having this security, the next important step is understanding how these claims are registered.
There are two ways to claim Skoda car insurance:
Claim Cashless Car Insurance for Skoda Cars
With this type of claim, you can get your Skoda car with accidental damages repaired at any network garage that is close to your location. The insurer will directly settle the expenses with the garage.
Claim Reimbursement for Skoda Cars
Here, you can get your car fixed at your preferred garage, pay the expenses, and then raise a reimbursement claim. After the claim is approved, the settlement amount is transferred to your bank amount.
Read more: Car Insurance Claim Process
How to Reduce Your Skoda Insurance Cost
Given below are some of the tips using which you can reduce your car insurance premium.
By paying for any small claims from your own pocket, you can reduce the premium price required to pay.
By installing anti-theft devices in your car, you can add extra security to your vehicle as well as lower the insurance premium prices. You should always install any such devices authorised by the Automotive Research Association of India (ARAI).
You can get this bonus by making zero claims throughout the policy tenor. Use these bonus rewards and get a cost-effective renewal premium for your Skoda car insurance.
As your Skoda car insurance premium is decided on various factors including the condition of your car, you should take care of your car and keep it in mint condition.
Even though Skoda cars are built well and are high on safety, an unfortunate accident or natural calamities are out of your control. To get financial stability and avoid any loss, you should get your Skoda car insured with a good insurance policy. Choosing the right Skoda car insurance plan is also an essential step that will further protect you financially in case of accidents, theft or loss due to man-made or natural disasters. You can take a look at the various Skoda car insurance plans and Skoda prices for insurance at Bajaj MARKETS.