Ford Figo Aspire Car Insurance

Ford commenced its operations in India in 1995 and has its production plants located in Chennai and Sanand. It has, at present, more than 370 sales and service outlets located in more than 200 cities across India.

Why is it Important to Insure Your Ford Aspire?

Insuring your Ford aspire will ensure that you are financially protected against third-party liabilities and own damage liabilities that may arise due to a mishap. Also, as per the Motor Vehicles Act, it is mandatory for every car in India to be insured with at least a third-party liability car insurance.

Ford Aspire Car Insurance Providers

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

• New India Assurance General Insurance Co. Ltd.
• HDFC ERGO General Insurance Co. Ltd.
• Universal Sompo General Insurance Co. Ltd.
• IFFCO-Tokio General Insurance Co. Ltd.
• Future Generali India Insurance Co. Ltd.
• Bajaj Allianz General Insurance Co. Ltd.
• Bharti AXA General Insurance Co. Ltd.

Ford Aspire Models

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

Ford Aspire Variants	*Ex-Showroom Price (New Delhi)
1.2P Ambiente MT	Rs.5,57,500
1.2P Trend MT	Rs.6,18,600
1.2P Titanium MT	Rs.6,49,300
1.2P Titanium+ MT	Rs.7,20,300
1.5D Ambiente MT	Rs.6,68,100
1.5D Trend MT	Rs.7,29,400
1.5D Titanium MT	Rs.7,60,100
1.5D Titanium+ MT	Rs.8,31,400
1.5P Titanium AT	Rs.8,53,800
1.2P Sports Edition MT	Rs.6,83,300
1.5D Sports Edition MT	Rs.7,94,100

*Please note that the above prices are exclusively for New Delhi and are subject to change with respect to the city you purchase the vehicle from.

Specifications of the Ford Aspire Models

The below table exhibits engine specifications of the Ford Aspire Models

	1.2P	1.5D	1.5P
Displacement (cc)	1196	1498	1499
Maximum Engine output	64.7 kW @ 6300 rpm	73.8 kW @3750 rpm	82.3 kW @ 6300 rpm
Maximum torque	112 Nm @4000 rpm	215 Nm @ 1750-3000 rpm	136 Nm @ 4250 rpm

Types of Ford Aspire Car Insurance

There are two kinds of car insurance policies available for Ford Aspire:

• Comprehensive Car Insurance

It is a motor insurance plan that covers both third-party liabilities as well as own damage liabilities at the time of a mishap.

• Third-party Liability Cover

It is a motor insurance plan that covers third-party liabilities alone at the time of a mishap.

Buying/Renewing Ford Aspire 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 policy online via third-party insurance websites or official websites of insurers.

• Offline:

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

Ford Aspire Car Insurance Claim Process

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

• Get in touch with your insurer as soon as the mishap takes place and raise a claim request for the same.
• An authorised surveyor will be sent to inspect your car and assess the total loss/damage incurred.
• Submit the copies and originals of the requested documents to the insurer/surveyor for verification.
• Post document submission, on the approval of the insurer, take your car to the nearest garage and get it fixed.
• In case of a cashless claim, the insurer will settle the repair bills directly to the garage.
• In case of a reimbursement claim, you will have to settle the repair bills directly to the garage and later submit the payment receipt/invoice to the insurer to get the amount you spent on repairs reimbursed.

Inclusions and Exclusions of Ford Aspire Car Insurance

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

• Inclusions:
  • Own damage liabilities
  • Third-party liabilities
  • Damage or loss due to natural calamities, theft, etc.
  • In case your car gets stolen
• Exclusions:
  • If your policy has expired when the mishap takes place
  • If the accident was staged
  • If the driver doesn’t have a valid licence during the mishap
  • If the driver was under the influence of intoxicants at the time of mishap

Add-ons Offered with Ford Aspire Car Insurance

There are a number of add-ons offered with Ford Aspire Car Insurance, a few of them are given below:

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

Discounts Offered with Ford Aspire Car Insurance

The insurers offer a number of discounts to Ford Aspire car owners, a few of them are given below:

• Accumulation of No Claim Bonuses
• If you are a member of any of the automobile associations of India, you can avail a discount on your car insurance premium
• If you have installed ARAI approved security devices in your car, you can avail the car insurance at a discounted premium
• Professional Discount

Ford Aspire Car Insurance FAQs:

1. What should be done in case the vehicle meets with an accident outside of the specified geographical location?

   Contact the insurer as soon as the mishap takes place and inform them about the same. Act as per the insurer’s advice.

2. Will I still be eligible for No Claim Bonuses even after my insurance policy expires?

   You will be eligible for the No Claim Bonuses even after the expiry of your insurance policy, provided you renew your insurance policy within 90 days of your policy expiry.

3. Can I choose to renew my car insurance policy with a different insurer?

   Yes, you can renew your car insurance policy with another insurer and transfer the accumulated No Claim Bonuses too.

4. Can I switch my third-party liability cover to comprehensive cover at the time of policy renewal?

   Yes, you can transfer your insurance from third-party liability cover to comprehensive cover at the time of renewal after the insurer has conducted an inspection of your vehicle.

5. What is an IDV?

   IDV stands for Insured Declared Value which is the market value of your car at any given point of time with respect to its age. A vehicle’s IDV is calculated after taking the depreciated value of the vehicle into account.