Ford Car Insurance

Ford, one of the renowned car manufacturers commenced its operations in 1995 in India. It has its production facilities located in Chennai and Sanand. At present, the firm has above 370 sales and service outlets located in over 200 cities in India.

Why is it Important to Insure Your Ford Car?

As per the Motor Vehicles Act, it is mandatory for every vehicle plying on the Indian terrain to be insured with at least a third-party liability cover. Also, having a car insurance assures you with the necessary financial support at the time of a mishap.

Ford Car Insurance Providers

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

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

Ford Models

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

Ford Variants	Starting Ex-showroom Price
Next-Gen Figo	Rs.5,00,100
Aspire	Rs.5,57,500
Mustang	Rs.71,62,000
All-New EcoSport	Rs.7,66,700
Endeavour	Rs.25,64,700

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

 

Types of Ford Car Insurance

There are two kinds of car insurance available for Ford:

• Comprehensive Car Insurance

A comprehensive car insurance protects you financially from own damage liabilities as well as third-party liabilities incurred as a result of a mishap.

• Third-party Liability Cover

A third-party car insurance protects you financially from third-party liabilities alone that you incur as a result of a mishap.

Buying/renewing Ford Car Insurance

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

• Online:

You can purchase a new car insurance or renew your existing policy before it expires online via third-party insurance websites or insurer official websites.

• Offline:

You can purchase a new car insurance or renew your existing policy prior to its expiry by visiting the nearest branch office of the insurer or meeting with an insurance agent.

Ford Car Insurance Claim Process

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

• Inform your insurer as soon as the mishap takes place
• Register your claim request
• File an FIR at the nearest police station
• An authorised will be sent by the insurer to inspect your vehicle and assess your total loss/damages incurred
• Submit the relevant documents to the insurer for verification
• Take your car to the nearest garage and get it repaired. Post repairs, the insurer will pay the garage for the repairs in case of a cashless claim request.
• Take your car to the nearest garage and get it repaired. In case you have opted for a reimbursement claim, you will have the settle the repair bills with the garage and submit the payment receipt to the insurer to get the amount you spent on the repairs reimbursed

Inclusions and Exclusions of Ford Car Insurance

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

• Inclusions:
  • Third-party liabilities
  • Damage/loss due to theft of the vehicle
  • Damage/loss due to natural or man-made calamities
  • Own Damage Liabilities
• Exclusions:
  • Damage/loss as a result of drunken driving
  • Damage to the tyres alone
  • Damage/loss when your insurance policy is no longer active
  • Damage or loss as a result of wars, mutiny, nuclear perils, etc.

Add-ons Offered with Ford Car Insurance

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

• Engine and Circuit Protect Cover
• Key Replacement Cover
• Return to Invoice Cover
• No Claim Bonus Protect Cover

Discounts Offered with Ford Car Insurance

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

• Discount if you have installed ARAI approved security devices in the vehicle
• No Claim Bonus Discount
• Discount if opted for higher voluntary deductible
• Discount if you are a prominent member of one of the automobile associations in India

Ford Car Insurance FAQs:

1. What can I do with my existing car insurance when I sell my car?

You have the following options when you sell your car:

• Transfer the car insurance to the buyer’s name
• Cancel the insurance policy
• In case you are buying a new car, transfer the car insurance policy to the new car

2. Who all should I inform when I install my car with a CNG/LPG kit?

You need to inform the RTO as well as your insurer when installing an LPG/CNG kit in your car.

3. What is an endorsement in car insurance?

An endorsement is a change/correction you incorporate into your car insurance policy.

4. Can I renew my car insurance policy after its expiry?

   Yes, you can renew your car insurance policy after it expires.

5. Can the No Claim Bonuses (NCB) I have accumulated driving a company vehicle be used?

You can use the accumulated bonuses provided the company transfers the car to your name.