Maruti cars have been winning hearts in India since the 1980s. The journey began with the iconic Maruti 800, and today it is one of the largest passenger car companies in India. It is quite common to spot a Maruti car on the road while you are travelling. Maruti Suzuki was named after a collaboration between the Government of India and Suzuki Motor Corporation in February 1981.
Since having at least a third-party motor insurance is mandatory, getting car insurance for your Maruti car is also obvious. Before the policy lapses, it is important to get it renewed to continue the benefits and fulfil legal requirements. Understanding how to renew Maruti car insurance online can be quite helpful. That's what this guide is all about.
Is Renewing Car Insurance Important?
A minimum third-party car insurance policy is mandatory in India for motor vehicles under the Motor Vehicle Act of 1988. So, Maruti cars must also be insured to be legally eligible to run on Indian roads. However, the policies have a specific tenure, say 1-2-3 years. Before the policy tenure expires, it is crucial to renew the plan. This is not only legally mandatory but also ensures your vehicle’s protection.
You may renew Maruti car insurance online as well as through offline methods. The online process gives you the flexibility of renewing the plan from the comfort of your home. At Generali Central, we assure safe, quick, and easy motor policy renewal procedures.
Steps to Renew Car Insurance Online
You need to complete a few simple steps to successfully renew your Maruti car insurance online. The steps involved are shared below:
Step 1: Click On “Car Insurance”
You may find the “Renew” option on the website. Search for and find the option of “Car Insurance” and click on it
Step 2: Enter Registration/Policy Number
On the next page, enter your vehicle’s registration number (example: MH03XX1234) or policy number (example: V1234567 or 132/22/18/1224/MOD/XXXXXXXXXX) to continue
Step 3: Check Policy Details
You will then be able to see your policy details on the screen
Step 4: Choose Plan & Add-ons
Before renewing, you may switch your car insurance policy to a new one and purchase/remove add-ons for a more personalised coverage. You may compare different car insurance plans to choose the right policy
Step 5: Make Payment
The final step is to make the payment for policy renewal. You may pay through online modes. A confirmation of the policy renewal will be sent to you at the registered contact details.
Note: The car insurance policy may get renewed even during the grace period.
Tips to Reduce Car Insurance Premium During Renewal
People often look for ways to lower their car insurance premiums during policy renewal. Here are some smart ways in which you can lower premiums while getting maximum coverage:
1. Use No Claim Bonus
NCB is a type of reward offered to a car owner then they raise no claims in a policy year. It keeps increasing with each consecutive claim-free year (maximum up to 50%). During policy renewal, you may check for no-claim bonus benefits and utilise them to get premium discounts.
Note: NCB refreshes if you raise any claim in a policy year. You may purchase NCB Protect add-on cover to protect NCB benefits even after raising a few claims in a policy year.
2. Choose Deductibles Carefully
Deductibles are an important clause in motor insurance. It is the amount/percentage of the claim amount that the policyholder agrees to pay. So, higher deductibles mean lower premiums and vice versa.
Tip: Choose deductibles wisely, as higher deductibles also mean an increased burden on your pockets during claim settlement.
3. Avail Discounts
At the time of renewing the car insurance policy, your insurer may have certain ongoing discounts and offers. Use these to get additional premium discounts. This is mostly available when you renew the policy on time.
4. Choose the Right Add-ons
Add-ons come at an additional premium. So, it is crucial to carefully choose add-ons. There may be many options available, but make sure to choose only those that you really need.
5. Renew Policy Before Expiry
Renewing a car insurance policy before expiry is essential. It not only saves you time but also avoids the trouble of a car inspection if the policy expires.
To Conclude
Renewing a car insurance policy online is a matter of a few clicks. You just need to enter a few basic details and pay the premium. If you have, by chance, missed the expiry date, you can still renew your policy smoothly; however, it is highly recommended that you renew your Maruti car insurance before your policy lapses. It helps enjoy break-free coverage.
