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About Tata Nexon

The Tata Nexon is a 5-door subcompact SUV that is powered by a 1.2: petrol and 1.5L diesel engine capable of displacing up to 1199cc. The special thing about the Nexon is that apart from the petrol and diesel variants, it also comes in an electric variant that is capable of running up to 300kms on a single charge. In fact as of 2021, the Tata Nexon EV is the largest selling electric car in India. If you are looking to buy an electric vehicle, the Nexon EV is a great choice as electric vehicles require very little maintenance, and additionally are exempt from the annual pollution clearance checks. Insurance, however, is mandatory for electric vehicles, just like it is for petrol and diesel vehicles. Tata Nexon EV insurance cost, however, is the same as that of the petrol and diesel variants and one does not need to spend extra for insurance. 

Other Popular Tata Models

Tata Motors, once the market leader in the Indian auto sector, lagged behind the competition with the arrival of aggressive foreign car makers such as Hyundai and Honda. However, with a radical shift in its aesthetics with its futuristic “impact” design philosophy, Tata Motors has quickly regained a large part of its lost market share. Some of the best selling Tata models in the market right now are the Tata Harrier, Tata Tiago, and Tata Tigor. The Harrier is a subcompact SUV that gives stiff competition to the Jeep Compass and the Hyundai Alcazar. Tata Tiago has proved to be a runaway hit in the highly competitive hatchback segment, where it vies for market share with Hyundai i10, Maruti Suzuki Swift and the Volkswagen Polo. 

Model

Segment

Fuel Type

Price (in Rs.)

Tiago

Hatchback

Petrol

4.99-6.95 Lakhs

Tigor

Sedan

Petrol

5.59-7.73 Lakhs

Harrier

Compact SUV

Diesel

14-21 Lakhs

Safari

SUV

Diesel

14.99-21.81 Lakhs

Why Insure Your Tata Nexon?

The Tata Nexon is a crossover sub -4 meters SUV that stands out for its futuristic styling and great range of features, all available within a price range of Rs. 10 Lakhs. This is a car that makes heads turn and owners proud. Like all valuable things, the Nexon too needs a certain amount of care. One of the best ways of caring for your Tata Nexon car is securing it with a good car insurance policy. Under the motor vehicles act, having your car insured is mandatory by law in India. This is because a car insurance policy covers the cost of costly repairs and replacements to your car in case of an accident or theft.

Types of Tata Nexon Car Insurance Plans

Insurance plans for your Tata Nexon car can be of any of the following 3 types: :

1. Standalone Own-Damage Cover -

This is the most simplest type of car insurance. It covers your expenses in case of any repair and replacement arising due to any accidental damage to your own car.

2. Third Party Insurance -

This kind of insurance covers you in case you are involved in an accident with a third party who has suffered damage/injury. It is mandatory to carry third-party insurance.

3. Comprehensive Cover-

A comprehensive cover protects you both in case of own damage and third party damage, thereby providing the most extensive insurance coverage.

Tata Nexon Insurance Price

Your Tata Nexon insurance cost would depend on the type of variant, its on-road price and year of registration, its insured declared value, the type of policy you opt for and the kind of add-ons you include in your policy.

Below table lists the price of various Tata Nexon variants.

Variant (2019 Registration)

Insured Declared Value (in Rs.)

Fuel Type

Tata Nexon XE

6,95,000

Petrol

Tata Nexon XM Diesel

9,20,000

Diesel

Tata Nexon XZ Plus (o)

10,40,000

Petrol

Tata Nexon XZA Plus DT Dual Tone Roof AMT

12,40,000

Diesel

Tata Nexon XZ Plus Dual Tone Roof Diesel S

11,80,000

Diesel

Tata Nexon XZA Plus Dual Tone Roof AMT Petrol

10,30,000

Petrol

You can get a quote for your Nexon insurance cost, by using the handy online car insurance premium calculator by Finserv MARKETS that lets you view the best quotes from several insurance providers. Simply enter your car number, and model and you will be provided with the best quote for Tata Nexon insurance price.

Why Choose Finserv MARKETS for Tata Nexon Car Insurance

With Finserv MARKETS your car insurance for Tata Nexon is just one click away.

1. Get the Best Quotes With a Click -

Finserv MARKETS allows you to check out the best insurance quotes from the leading insurance providers in one go and choose the plan that best suits your needs.

2. Hassle-free Purchase-

You can even purchase the insurance plan online with a few clicks using your preferred mode of payment such as netbanking, debit/credit cards, digital wallets, etc.

3. Minimal Paperwork -

Finserv MARKETS enables you to buy and renew your insurance policy with minimal paperwork involved. Your policy gets delivered to your inbox instantly or you can download it from the portal.

Inclusions in Tata Nexon Insurance

Your Tata Nexon car insurance covers the following:

  1. Any damage caused to the car on account of an accident.

  2. Any damage occurring as a result of natural calamities.

  3. Cost of replacement in the event of theft of your car.

  4. If you have purchased comprehensive insurance, then you will also be covered for third party damage in case your insured Tata Nexon is involved in an accident leading to injury or damage to the person or property of a third party.

  5. Any loss or damage occurring to your car due to fire, explosions, terrorist attacks, etc.

These inclusions are for a comprehensive insurance plan only. The inclusions in other kinds of insurance plans may vary from this list.

Exclusions in Tata Nexon Insurance

The following may not be included in your Tata Nexon car insurance:

  1. Natural wear and tear, including depreciation.

  2. Damaged tyres, unless they are the result of an accident, are not covered by your Tata Nexon car insurance.

  3. Damage to electrical and mechanical components, including the engine is not covered unless it is the result of an accident.

  4. In case the car suffered accidental damage while being driven in an intoxicated state, such damage will not be covered by the car insurance policy.

  5. In case the car suffered accidental damage and the driver was not in possession of a valid driver’s licence at the time of the accident, then such damage will not be covered by the car insurance..

  6. In case the suffered accidental damage while it was being used for illegal purposes, such damage will not be covered by the insurance policy.

  7. Any damage or loss to the car while it was being driven outside the permitted geographical limits will not be covered by the insurance policy

Add-On Covers for Your Tata Nexon Car

Add-on covers provide great value as they give you extra protection for a very nominal price. Here are a few add-on covers for your Tata Nexon that you can consider pairing with your regular car insurance.

1. Zero Depreciation Cover -

A zero depreciation cover allows you to claim replacement without any deductions being made for depreciation.

2. No-claim Bonus Cover -

A no-claim bonus allows you to get extra coverage for every year that you do not file an insurance claim, thereby making sure that you get the best value for your insurance premiums.

3. Engine Protection Cover -

Most insurance policies do not cover damage to the engine unless occurring due to accidental damage. For a nominal top up to your Tata Nexon insurance price, you can avail of insurance cover for your car’s engine.

4. Return to Invoice Cover -

The insured declared value of your car depreciates with time. This is the value on which you are entitled to insurance coverage. A return to invoice add-on however entitles you to claim insurance coverage on the invoice value of your car, thereby negating the effect of depreciation.

How to Apply for Tata Nexon Car Insurance Online

Applying for Tata Nexon Car insurance online is a simple process. Just follow these easy steps:

  1. Log on to the Finserv MARKETS website www.bajajfinservmarkets.in and navigate to the car insurance tab.

  2. Enter your car number, mobile number, and date of birth. You will receive an OTP on your mobile number for verification.

  3. On the next page you will see the best insurance quotes for your Tata Nexon car. Go through the details of each and choose the one that best suits your needs. Make sure to select the appropriate add-on according to your needs.

  4. Make a simple online payment using your preferred mode of payment.

That’s it. It’s that simple. The policy documents will be delivered to your inbox instantly.

How to Renew Tata Nexon Insurance

To renew your Tata Nexon insurance, follow these step:

  1. Log on to the Finserv MARKETS website www.bajajfinservmarkets.in and navigate to the car insurance page.

  2. Next, select “Renew car insurance”. On the page that opens, you will see a “Get Quote” button on the right hand side. Click on it.

  3. Enter your car number, date of birth, and mobile number. Additionally, check “Yes” on the button at the bottom of the page that says “Has your policy expired”.

  4. Provide the details of your previous insurance policy.

  5. Check your renewal premium.

  6. Make an instant online payment using your preferred mode of payment and download your policy copy.

Tata Nexon Insurance Claim Process

Claiming your Tata Nexon car insurance is a simple process. Just follow these easy steps:

  1. Raise Claim Request - Log on to the Finserv MARKETS website www.bajajfinservmarkets.in and raise a claim request through the website. You can also do this by calling up the toll-free number mentioned on the website.

  2. Provide Details - Provide the following details while making a claim - policy number, car registration number, engine chassis number, and date and time of the accident/theft.

  3. Cashless Insurance for Tata Harrrier - Take your car to the nearest garage for repair. Provide them with your policy details. You can avail of the cashless claim facility if you take your car to one of the network garages.

  4. Reimbursement for Tata Nexon - If you are not claiming cashless claim facility, provide a copy of the repair bills from the garage along with your insurance claim form for reimbursement.

Steps to Claim Tata Nexon Insurance Online

You can file your Tata Insurance claim online through two modes - cashless claim or reimbursement.

Process for Filing Cashless Claims for Tata Nexon

1. Raise an insurance claim request by logging on to www.bajajfinservmarkets.in or calling the toll-free number.

2. Take your car to any of the garages from the wide garage network spread all over the country.

3. Submit a copy of the relevant documents including a copy of your policy and claim application form to the garage. That’s it. Your cashless insurance claim will take car care of your car repair.

Process for Filing Reimbursement Claims for Tata Nexon

1. Raise an insurance claim request on the Finserv MARKETS website www.bajajfinservmarkets.in or by calling the toll-free number.

2. Submit the repair bills of the car along with relevant details such as your insurance policy number, RC number, engine chassis number, etc.

3. Once the documents and bills have been verified, the claim amount will be reimbursed to your bank account.

Documents Required for Tata Nexon Insurance Claim

The following documents are needed for filing a Tata Nexon insurance claim:

1. Copy of your vehicle’s registration certificate (RC) and insurance policy.

2. Copy of repair bills. ( if claiming reimbursement)

3. The duly signed claim form.

4. In case of theft of car, a copy of the FIR may also be required.

Check Out Car Insurance Plans Available at Finserv MARKETS

FAQs on Tata Nexon Insurance

  • ✔️ What is the cost of Tata Nexon insurance?

    The cost of Tata Nexon insurance depends on the type of variant, the age of the car, etc. To get Use this handy online car insurance premium calculator by Finserv MARKETS to get an exact value for Tata Nexon insurance price.

  • ✔️Which documents are required to claim Tata Nexon insurance?

    You will need copies of your car’s RC, policy documents, duly signed insurance form and repair bills, if claiming reimbursement. In case of car theft, a copy of the FIR might be required as well.

  • ✔️Does Tata Nexon car insurance cover engine damage?

    Your insurance policy covers engine damage only if it was caused due to an accident. Any mechanical failure in the engine or any damage caused due to wear and tear is not covered.

  • ✔️Is it necessary to buy add-ons with my Tata Nexon car insurance?

    No. But it is highly recommended that you get add-ons as they increase the coverage of your insurance policy at a nominal price.

  • ✔️I want to opt for cashless insurance but I'm not sure if there is a network garage in my vicinity. How do I locate one?

    Purchasing insurance from Finserv MARKETS allows you access to a wide network of garages spread across the country where you can avail of cashless insurance. To locate your nearest network garage, log on to the Finserv MARKETS website or call the toll-free number.

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