Fiat Car Insurance

Why is it Important to Insure Your FIAT Car?

Having a car insurance protects you from any unforeseen liabilities such as third-party liabilities and own damage liabilities that you incur as a result of a mishap. Also, as per the Motor Vehicles Act, it is mandatory for all to insure their vehicles with at least a third-party liability cover.

FIAT Car Insurance Providers

A number of insurers provide FIAT insurance in India, a few of them are listed below:

• Bajaj Allianz General Insurance Co. Ltd.
• Reliance General Insurance Co.Ltd.
• Royal Sundaram General Insurance Co. Ltd.
• HDFC ERGO General Insurance Co. Ltd.
• Bharti AXA General Insurance Co. Ltd.
• ICICI Lombard GIC Ltd.

FIAT Models

The table below exhibits various models of FIAT along with their starting *prices

FIAT Variants	Ex-showroom Price (New Delhi)
FIAT Urban Cross	Rs.6,77,618
Abarth Punto	Rs.9,67,082
Punto Evo	Rs.5,35,562
Punto Pure	Rs.4,82,330
Linea	Rs.7,15,860
Linea Classic	Rs.6,46,336
Avventura	Rs.7,11,801

*Please note that the above prices are subject to change with respect to the city you purchase the vehicle from.

Types of FIAT Car Insurance

There are two kinds of car insurance available for FIAT:

• Comprehensive Car Insurance

A comprehensive car insurance is an insurance plan that covers both third-party as well as own damage liabilities at the time of a mishap.

• Third-party Liability Cover

A third-party liability cover is an insurance plan that covers only third-party liabilities at the time of a mishap.

Buying/renewing FIAT Car Insurance

You can purchase or renew your car insurance online or offline depending on your convenience

• Online:

You can purchase or renew a car insurance online via third-party insurance websites or the insurer’s official website.

• Offline:

You can visit the nearest branch office of the insurer or meet with an insurance agent to buy or renew a car insurance.

FIAT Car Insurance Claim Process

The claim process for FIAT car insurance involves the following steps:

• Inform the insurer as soon as the mishap takes place
• Register your claim with the insurer
• File an FIR at the nearest police station
• The insurer will send an authorised personnel to conduct an incident survey and assess the total loss or damage incurred
• Submit the relevant documents to the surveyor as requested for verification
• Take the car to the nearest garage and get it repaired
• In case of a cashless claim, the insurer will settle the repair bills directly with the garage
• In case of a reimbursement claim, you will have to settle the repair bills directly with the garage and submit the payment receipt to the insurer to claim reimbursement for the same

Inclusions and Exclusions of FIAT Car Insurance

FIAT Car Insurance comes with a number of inclusions and exclusions, a few of them are listed below:

• Inclusions:
  • Third-party liabilities
  • Own damage liabilities
  • Loss/damage due to hurricanes, storm, etc.
  • Loss/damage due to vandalism, theft, etc.
• Exclusions:
  • Loss/damage if the driver was without a valid licence at the time
  • Loss/damage if the driver was under the influence of intoxicants at the time
  • General wear and tear of the vehicle
  • Loss/damage in case the commercial vehicle was being used for private purpose or vice-versa at the time

Add-ons Offered with FIAT Car Insurance

There are a number of add-ons available in the market for FIAT Car Insurance, a few of them are listed below:

• Zero Depreciation Cover
• Engine and Circuit Protect Cover
• No Claim Bonus Protect Cover
• Return to Invoice Cover

Discounts Offered with FIAT Car Insurance

You can avail discounts on your car insurance premium such as:

• No Claim Bonus Discount
• Discount if you avail a higher voluntary deductible
• Professional Discount
• Discount if you install ARAI approved anti-theft devices in your car

FIAT Car Insurance FAQs:

1. Can I renew my car insurance policy after it expires?

Yes, you can renew your car insurance policy after it expires provided the insurer has completed the inspection of your vehicle.

2. Can I transfer my car insurance policy?

Yes, you can transfer your car insurance policy.

3. What is a voluntary deductible?

A voluntary deductible is a part of the insured amount that you opt to pay at the time of the claim settlement.

4. What is an insurance certificate?

An insurance certificate is the insurance policy document that contains all the information pertaining to the insurance policy.

5. What is depreciation in car insurance?

Depreciation is the loss in the market value of the car at any given point in time.