Tata Nexon Car Insurance in India - Cost & Specifications

Tata Nexon Car Insurance

The Nexon is a compact SUV from the Indian automobile manufacturer Tata. The vehicle received a whopping 5-star safety rating at the Global NCAP crash tests. With an ex-showroom price of ₹7.39 lakh - ₹13.34 lakh, the Nexon has an engine capacity of up to 1497cc. But no matter how safe a car is, it never beats the need for insurance as it financially safeguards the owner-driver. In this article, let’s understand more about various Tata Nexon variants and prices.

Best Tata Nexon Car Variants

*The ex-showroom prices are for Delhi and are subject to change on the basis of the city.

**Third-party premium rates are indicative. The actual premium that you may have to pay may change depending on various facto₹ Please check the prevailing premium rates before purchasing your car insurance policy.

Buy Tata Nexon Car Insurance Online Easily!

You can avail Tata Nexon car insurance at an affordable amount with Finserv MARKETS:

Step 1: Fill in the car registration number and mobile number.

Step 2: Provide the necessary information in the application form.

Step 3: Pick the car insurance that suits your needs.

Step 4: Make an instant online payment.

Step 5: Your insurance policy will be sent to your email address.

Renew Tata Nexon Car Insurance Online in a Few Steps

Safeguard your Tata Nexon by renewing your car insurance plan in the following way:

Step 1: Enter your registration number and mobile number.

Step 2: Provide your previous policy details.

Step 3: Check your renewal premium.

Step 4: Make an instant online payment.

Step 5: Download your insurance policy copy.

Read More: Car Insurance Renewal

Why is it Important to Insure Your Nexon?

With rising traffic and a higher number of vehicles on the road, safeguarding your Nexon against accidental damage or disasters such as fire or explosion is a priority. If a vehicle is involved in a mishap, the cost of replacing car accessories as well as other damaged parts can be more than ₹1 lakh - ₹2 lakh for any low-end car model. On the other hand, it may be higher for a premium SUV such as the Tata Nexon. But car insurance takes away the monetary burden of covering the repair expenses and compensates for such losses without hassles!

Comprehensive or Third-Party Car Insurance: Which One Should You Buy?

• Third-Party Car Insurance

Third-party car insurance secures you against third-party liabilities like damage to property, bodily injuries or even the death of the victim. Such a policy is mandated under the Motor Vehicles Act, 1988, and you cannot opt out of purchasing it. However, the third-party cover doesn’t compensate for the loss incurred by your Tata Nexon.

• Comprehensive Car Insurance

Comprehensive insurance protects your Nexon against numerous perils like calamities, theft, third-party liabilities, etc. Though the Tata Nexon car insurance price is higher, the extensive coverage is worth every dime. You not only get a comprehensive cover but also a chance to extend it further with add-on covers!

What’s Covered Under Car Insurance?

Third-party insurance covers loss or damage caused to the third party, bodily injuries, death of the victim and offers a personal accident cover. Moreover, a comprehensive car insurance plan includes own damage, third-party liabilities, theft, calamities, and other such perils.

What’s Not Covered Under Car Insurance?

The exclusions of comprehensive car insurance are damage resulting from drunk driving, electrical or mechanical breakdown, driving without a valid licence, using the private vehicle for commercial purposes, etc.

Lucrative Add-On Covers for Tata Nexon Car Insurance

You can opt for the following add-on covers separately with your Tata Nexon car insurance plan:

• Engine & Tyre Protect Cover

Get the engine and tyres of your Nexon covered under insurance with this add-on cover!

• Zero Depreciation Cover

With zero depreciation cover, the insurer won’t consider the depreciation rate of your vehicle and pay out the complete claim amount.

• Roadside Assistance Cover

This add-on enables you to get help in the case of a car-related emergency no matter what!

• Lock & Key Replacement Cover

In case of loss or misplacement of car keys, the insurer shall cover the cost of replacing the locks and new keys.

Read more: Add-on Covers in Car Insurance

File a Claim Under Tata Nexon Car Insurance

Submit the following documents to raise a car insurance claim:

• Tata Nexon car insurance policy

• Vehicle details

• Insurer details

• Registration Certificate

• Details of the incident

• FIR copy in case of theft

• Original bills and receipts of the vehicle repair

There are two types of Tata Nexon car insurance claims:

• Cashless Claim Under Car Insurance

With a cashless claim facility, you can take your Nexon to a network garage where the bill will be settled by the insurer. You only need to cover the applicable deductibles under the policy.

• Reimbursement Claim Under Car Insurance

With a reimbursement claim, you can opt for a preferred garage in the case of damage. Here, you need to cover the repair cost and later raise a claim to get the compensation.

Read More: Car Insurance Claim Process

How to Avail Lower Tata Nexon Car Insurance Premium?

Make great savings with the below tips to reduce your Tata Nexon car insurance prices:

• Opt for No Claim Bonus

The No Claim Bonus (NCB) is a reward that you can avail on your renewal premium for not making any claims during the policy year.

• Compare Plans Online

You can get a cost-effective insurance quote by comparing plans offered by various insure₹

• Abide by Traffic Laws

You shall incur fewer claims by following the traffic rules and driving your Nexon cautiously.

• Install Anti-Theft Devices

To get an additional reward on your premium, installing ARAI (Automotive Research Association of India) approved anti-theft devices is a must!

• Pay for Smaller Claims

Secure the NCB reward by paying for smaller insurance claims if you can afford to cover them.

• Maintain Your Vehicle

Servicing your Nexon regularly and getting it checked for issues can help you keep the insurance claims on the low!

Tips to Keep Your Tata Nexon in Pristine Condition

• Check the Battery

Making sure the battery of your Nexon is in good condition and cleaning it is a must!

• Go Through the User Manual

As the car user manual has all the information regarding your Nexon, go through it carefully to avoid car troubles in the future.

• Maintain the Tyre Pressure

Before you go off in your Nexon, ensure to check the tyre pressure and maintain it regularly.

• Look Out for Warning Lights

In case of any issues, the dashboard of your Nexon shall flash warning lights, so make sure to look out for such signs.

Tata Nexon Maintenance Cost

The Tata Nexon service and maintenance cost for five years is estimated to be ₹18,000 - ₹22,500. But you can avail the first two services for free after completing 10,000 km and 20,000 km. Here is the Tata Nexon servicing schedule for both fuel variants and the total expense:

• Diesel Variant

• Petrol Variant

*Disclaimer: These are indicative prices. The actual cost of maintenance of the Tata Nexon may vary and change from time to time.

About Tata Nexon

The Tata Nexon car was first launched in 2017 and has since seen a number of upgrades including a 2019 BS6 compliant engine. Since its launch, the Nexon has been a hit in the Indian market thanks to its futuristic design and SUV road presence. The car has a number of modern features like a full-screen infotainment system, projector headlamps, horizontal ‘Y’ shaped LED tail lights, and more.

Tata Nexon Specifications

Tata Nexon On-Road Price

Tata Nexon Features

Final Thoughts!

Now that we have explained the Tata Nexon car insurance features and importance, you must opt for the right policy to avoid any financial burden. If you own a discontinued Tata Nexon variant, you can rest worry-free, as Finserv MARKETS offers coverage to such four-wheelers! So, don’t put off the task of purchasing car insurance for your Nexon and head over to our platform now.

Check Out Car Insurance Plans Available at Finserv MARKETS