About Hyundai

Hyundai is a multinational automobile manufacturer headquartered in Seoul, South Korea. Founded by Chung Ju-Yung in 1967, Hyundai is the fourth largest vehicle manufacturer in the world.

Hyundai Motor India Ltd is a wholly owned subsidiary of the South Korean automaker. By production volume, Hyundai is the second-largest automobile manufacturer in India. The company owns a state-of-the-art production plant near Chennai with high-level production, quality and testing abilities.

As the company is highly focused on innovation, it also owns a hi-tech multi-million-dollar R&D centre in Hyderabad, which enables Hyundai to be the leader in innovation and automobile engineering.

Hyundai has two car manufacturing units in India, both of which are located in Tamil Nadu. The first plant began its operations in 1996 in Irungattukottai. Following which, Hyundai opened its second plant nearby, in Sriperumbudur. Both these plants put together have a manufacturing capacity of 700,000 vehicles annually.

The company’s product line comprises ten car models across all segments. Active i20, Xcent, Verna, Eon, i10, Grand i10, Elite i20, CRETA, Elantra and Santa Fe are the various Hyundai models currently available in India.

Most Popular Hyundai Car Models

  • i10

The Hyundai i10 offers the best of both worlds – excellent mileage coupled with maximum performance for a splendid driving experience. Right from smart exteriors to the superior and state-of-the-art interiors, the i10 is a wonderful car inside out.

The interiors feature a 2-tone beige and light brown finish with blue lighting that gives the Next Gen i10 an exceptional feel. It is powered by the 1.1L iRDE2 engine, which offers an amazing mileage of 19.8 kmpl with low emissions.

  • Elite i20

Launched in August 2014 in India, the Elite i20 features a 'Fluidic Sculpture 2.0' design. Some of the major highlights of the new Elite i20 include re-worked headlights, trapezoidal fog lamps, wraparound tail lights and the hexagonal front grille.

It features a luxuriant beige and black dual-tone dashboard, steering installed audio controls, a dedicated engine start-stop button and automated temperature control. The diesel version offers a mileage of 19.84 kmpl while the petrol version offers 16.32 kmpl.

  • Eon

Featuring stunning design, the Hyundai EON is unquestionably a head-turner. It’s equipped with dynamic iRDE technology for ultimate performance. The interiors feature a smart, elegant & relaxed feel thanks to its fresh, spacious and ergonomically planned seats.

It is powered by an 814cc, 3-cylinder engine developed notably for Indian roads to achieve maximum power with exceptional fuel mileage of 21.1 kmpl. Overall, it’s a perfect family car with plenty of space combined with a stylish and chic appearance.

  • Grand i10

The Hyundai Grand i10 is an award-winning car, which won the country's biggest automotive award (COTY). The car features plush interiors with luxurious cabin colouring, textures, and contours, which grant it a capacious charm that is as good as any big luxury sedan.

Although the car features spacious interiors, it doesn’t look bulky from the outside. Power-packed with innovative features, the Hyundai Grand i10 meets every expectation.

The Hyundai Grand i10 is equipped with the 2nd generation CRDi technology which assures better performance, lower NVH, lesser emissions and improved efficiency with reasonable running costs. The Diesel variant offers a mileage of 22.43 kmpl while the same for the Petrol variant is 17.93 kmpl.

  • Verna

The Hyundai Verna is a beautiful sedan with top-notch safety characteristics, well-appointed interiors, and a mighty engine. Dynamic and vigorous, the Verna packs an impressive power up to 128 PS under the bonnet.

It’s equipped with a remarkably low NVH for a super-silent cabin and a peaceful driving experience. The Verna also boasts a host of hi-tech innovations and ergonomic design to provide exceptional ease for each drive. Protect your vehicle with our Hyundai Verna Insurance

Types of Insurance for Your Hyundai Car

You should choose a plan based on the coverage it offers. The two motor insurance plans available in the market are as follows -

  • Third Party Car Insurance:


Third Party car insurance is mandatory under the Motor Vehicles Act, 1988. However, the coverage provided under it is quite limited. It only covers you (the policyholder) for the third-party liabilities. Hence, the premiums charged on this plan are less and affordable.


  • Comprehensive Car Insurance:

Comprehensive insurance is the recommended car insurance plan for all vehicle owners. Under this plan, not only you are covered for the third-party liabilities but also the damage incurred by your vehicle in accidents. Although the premiums charged are slightly more than third party insurance, it offers you extensive coverage with the convenience of buying add-on covers.

Why is it Important to Insure Your Hyundai Car?

What's the difference between driving secure and driving safe? The answer is ‘Car Insurance’. No matter how good a driver you may be, or how well you maintain your Hyundai Car, there are always certain risks that you will be exposed to.

Dangers such as accidents, injury, theft, natural calamities, malicious acts, vandalism etc. will always be beyond your control. A comprehensive Car Insurance Policy will protect your car against all such risks by compensating the damages caused to your car.

Besides, having Third-Party Car Insurance is mandatory in India under the Motor Vehicles Act, 1988. Therefore, in order to enjoy joyous and carefree long drives in your Hyundai Car, it’s essential to get it insured.

With Finserv MARKETS, you can secure comprehensive Hyundai insurance policies with extensive coverage for all Hyundai Car Models.

Hyundai Car Insurance Price

Do you reside in a theft-prone, accident-prone, or flood-prone area? Does your car have an anti-theft installed in it? The reason behind asking you these questions is that these factors are considered when determining the Hyundai car insurance premium amount.

Other factors that are taken into consideration are as follows -

  • The make and model of the vehicle

  • Manufacturing year

  • The cubic capacity

  • Age of the vehicle

  • Insured Declared Value (IDV)

  • Area of registration

  • Other safety factors

You can buy a comprehensive car insurance plan at Finserv MARKETS online. We cater to your needs by offering you bespoke insurance services.

Hyundai Car Insurance Premium Calculator

To check the car insurance premiums for policies available on Finserv MARKETS, use the online car insurance premium calculator. The tool helps you determine the premiums and compare the prices of car insurance plans offered by other insurers as well.

You need to provide the following details when using the car insurance calculator available on Finserv MARKETS.

  • Your vehicle registration number

  • Your contact information

  • Date of birth

  • Whether your vehicle is used as a commercial vehicle or not

  • Whether your car insurance plan has expired or not (in case you have an existing car insurance policy)

Based on the premiums calculated by the tool, you will be able to make an informed decision when buying a car insurance policy in India.

Why Choose Finserv MARKETS for Hyundai Car Insurance?

Besides monetary compensation for the damages caused to your car, buying a car insurance policy with Finserv MARKETS will give you the following benefits:

  • Cashless Settlement - Get cashless repairs done for your car across a network of 4000+ garages.

  • 24/7 Claims Assistance - With one of the swiftest car insurance claim processes, rest assured while filing an insurance claim in case of any mishap.

  • Roadside Assistance - Get 24/7 roadside assistance, which includes services such as emergency repairs, towing facilities, storage facilities etc.

  • No Third Party Involvement - Be assured of swift claim verification and processing as there’s no involvement of third parties.

  • Online Insurance Renewal - Applying for a Hyundai car insurance renewal online within a few minutes.

Inclusions in Hyundai Car Insurance Policy

Just as it is essential to safeguard your vehicle with a car insurance plan, you must also know what are you covered for -

  • Damage due to fire explosion self-ignition or lightning

  • Damage due to burglary, housebreaking, or theft

  • Damage due to Riot and Strike

  • Damage due to Earthquake (Fire and Shock Damage)

  • Damage due to Flood, Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone, Hailstorm, frost

  • Damage caused by accidental external means

  • Damage due to malicious acts

  • Damage due to terrorist activity

  • Damage whilst in transit by road, rail, inland, waterway, lift, elevator or air

  • Damage due to Landslide/Rockslide

Exclusions in Hyundai Car Insurance Policy

Every policy has certain exclusions. The things that are not covered under Hyundai car insurance are as follows

  • Damage or loss caused outside the designated geographical area in the Hyundai insurance policy

  • Claims arising out of any Contractual Liability

  • The accidental losses incurred if the vehicle was being used for speeding, riding someone else’s bike, under the influence of alcohol etc.

  • Any damages caused directly or indirectly by ionizing radiation or contamination by radioactivity from any nuclear fuel or any nuclear waste

  • Any accidental loss or damage caused by or contributed due to nuclear weapons

  • Any accidental loss or damage arising out of or in connection with the Invasion by foreign enemies, hostilities or Warlike operations (whether before or after the declaration of war), Civil War, Mutiny Rebellion, Military or usurped power

Add-On Covers For Your Hyundai Car Insurance

When you buy a comprehensive car insurance plan, it allows you to extend your existing coverage with add-on covers. Here’s a list of add-on covers that you can purchase with your comprehensive Hyundai car insurance.

  • Zero Depreciation: With a zero depreciation car insurance cover, you will receive full compensation on the claim without factoring in depreciation.

  • Return to Invoice: In case your vehicle is lost/stolen, you will receive the invoice value of your Hyundai car. The invoice value is nothing but the amount you paid at the time of purchasing the car.

  • No Claim Bonus Protection Cover: With the NCB protection cover, the NCB earned remains even after you make a claim on your car insurance plan.

  • Consumable Expenses: Consumables include the items used for the proper functioning of the vehicle’s engine and other parts. These items are the engine oil, gearbox oil, nut and bolt, screws, distilled water grease, brake oil, oil filter, bearings, washers, AC gas, etc.

  • Engine and Tyre Secure: With this cover, you are adding safety to your engine and tyres. So, in case of replacement/repair, the insurer will compensate you for the expenses incurred. Also, any damage to the internal parts such as the engine, gearbox, and transmission is covered.

Modes of Buying Hyundai Car Insurance

You can buy Hyundai car insurance at Finserv MARKETS in two ways.

  • You can either get in touch with us by visiting our branch.

  • Visit Finserv MARKETS online.

It is highly recommended to buy car insurance online as you can do so from the comforts of your home and on the go. The buying process is easy and hassle-free, as well. Read on to buy car insurance at Finserv MARKETS.

How to Apply for Hyundai Car Insurance

Just follow the steps given below

  • Visit Finserv MARKETS online

  • Fill the application with the relevant details

  • Choose the car insurance plan you want

  • Make an online payment

  • The policy will be issued in no time

How to Renew Hyundai Car Insurance

To continue to reap the benefits of your Hyundai car insurance, you have to renew the policy repeatedly. Just follow these given steps -

  • Visit Finserv MARKETS online

  • Enter your registration number and contact details

  • Check your renewal premium

  • Make the payment online

  • Download the policy copy

Also, do not forget to avail the No Claim Bonus discount at the time of policy renewal. However, note that NCB is earned on a claim-free policy term.

Benefits of Renewing Your Hyundai Car Insurance Online

Renewing your Hyundai car insurance policy online has several advantages.

  • Convenient and Time-Saving

The internet has made our lives easier. Today, you can buy anything and everything online. The same is true when it comes to buying/renewing a comprehensive car insurance policy. Yes, that’s right! Insurers in India provide hassle-free car insurance renewal online on their website or car insurance app. The process is simple and quick. Moreover, it saves a lot of your valuable time as you can renew your car insurance plan online at any time and anywhere.

  • Safe and Secure

The rising number of internet frauds have made a lot of people wary. Therefore, when renewing car insurance online, security is a concern for most customers. It would be a relief to know that the entire process of online car insurance renewal is fully secure. The insurer provides complete transparency, making it easier for you to make an informed decision. Even the premium payment process is secure, and you do not have to worry about being exposed to any fraudulent risks.

  • Easy Transfer of Policy and No-Claim Bonus

Usually, people tend to switch their insurance provider at the time of car insurance renewal. This could be due to various reasons. However, what’s important to understand is that transferring your car insurance plan from your existing insurer to a new one is easy. Besides, when renewing your car insurance plan with a new insurer online, you can also transfer/avail your No-Claim Bonus (NCB) benefits.  

How to Claim on Hyundai Car Insurance?

Whether your car is vandalized, damaged in a collision or by some other peril, you would need to take it to the nearest network garage if it is in a working condition, or else have it towed there to avoid any further damage.

Once you send your car for repair, you can file a claim with us. With Finserv MARKETS, you can file for a Hyundai insurance claim in two ways

  • File a claim online by visiting our claims page and providing the necessary details.

  • You can also file a claim by calling our Toll free number - 1800-209-5858, after which you will be connected to our customer care executive who will guide you through the entire Car Insurance claim process.

Documents Required to Claim on Hyundai Car Insurance

You need to submit the following documents to claim on your Hyundai car insurance policy.

  • Duly filled claim request form

  • Hyundai car insurance policy

  • Vehicle registration certificate of the vehicle

  • Driving licence copy

  • Copy of the FIR (in case of accidents, theft, and third-party claims)

  • Damage repair bills

  • Bill payment receipt

Check Out Car Insurance Plans Available at Finserv MARKETS

Manage all Queries related to Hyundai Car Insurance Here

  • ✔️What are the recommended add-on covers bought along with Hyundai car insurance?

    Some of the recommended add-on covers that you can buy to enhance the insurance protection of your Hyundai car include engine protection cover, no claim bonus protection cover, zero depreciation cover, roadside assistance cover, etc.

  • ✔️Do I get an insurance certificate after buying Hyundai car insurance?

    Yes. The insurance certificate will be issued to you immediately after you insure your Hyundai car with a car insurance plan of your choice.

  • ✔️Do I need to carry my Hyundai car insurance when driving the vehicle?

    Yes. You have to carry your Hyundai car insurance policy with you at all times when driving on the Indian roads. Besides, keep your driving licence, vehicle registration certificate, PUC, and any other vehicle-related permit issued by the RTO with you at all times.

  • ✔️What types of Hyundai car insurance plans are available in India?

    You will come across two types of car insurance plans for your Hyundai motor vehicle:

    1. Third-party car insurance

    2. Comprehensive car insurance

    You can read in detail about the difference between comprehensive and third party insurance on Finserv MARKETS.

  • ✔️Can I buy Hyundai car insurance online?

    Yes. You can buy Hyundai car insurance online with us at Finserv MARKETS. Just follow the steps mentioned below:

    1. Go to the ‘Car Insurance’ section on our website.

    2. Enter your personal and vehicle details.

    3. Choose the type of coverage you need.

    4. Select the add-on covers (if needed).

    5. Review your policy details and proceed to pay the premium amount.

    6. Upon successful premium payment, the insurer will issue the policy in no time.

    Besides this, you can also buy/renew your car insurance plan online using the Finserv MARKETS app.

  • ✔️What factors can affect my Hyundai car insurance premium?

    Generally, your car insurance premiums are determined based on the following factors:

    • Engine cubic capacity (cc)

    • History of claims raised on any existing car insurance plan

    • Make and model of the vehicle

    • Voluntary deductible

    • Fuel type

    • Coverage chosen

    • Area of residency

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