Sedan Car Insurance Guide: Everything You Need to Know Before Buying
Finding the right car insurance plan for your sedan doesn't have to be overwhelming! In this
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Benefits of Purchasing Sedan Car Insurance
Before taking your favourite Sedan on the road, it is extremely important that you insure it with a suitable car insurance policy. Here are some reasons to invest in Sedan car insurance:
- Compulsory by Law:
Under the Motor Vehicles Act of 1988, having at least a third-party car insurance policy for cars is mandatory. Thus, by investing in a Sedan car insurance policy, you can comply with this legal requirement and avoid traffic fines.
- Covers Accidental Damages:
Not only legally, but a Sedan motor insurance policy can also financially protect you and your car in case of accidental damages. Damages arising from collisions, natural disasters, theft, fire, and accidents are all covered under a comprehensive car insurance policy for Sedans.
- Covers Third Party Liabilities:
With a Sedan vehicle insurance policy, you can also cover third-party liabilities arising from the insured Sedan car. These liabilities include death, bodily injury of a third person, along with third party property damages.
- Personal Accident Cover:
A Sedan car insurance not only covers your car from accidental damages but also the owner/driver of the insured car with the help of Personal Accident Cover. If the owner/driver of the car suffers a disability or dies in an accident, the insurer will offer compensation of up to Rs.15 Lakh under this cover.
- Additional Covers:
The coverage of a Sedan motor insurance policy can also be enhanced by purchasing additional covers at a nominal premium. Some popular add-ons include Zero dep cover, NCB Protect cover, Roadside Assistance cover, etc.,
Sedan Car Insurance Costs
Sedans usually cost more to repair than a hatchback or an SUV, resulting in higher insurance prices. Below is the table showcasing the insurance cost of a brand-new sedan at Policybazaar.com:
| Premium Breakup |
Cost of Sedan Car Insurance (Rs.) |
| Basic Own Damage Premium (1 year) |
36,269 |
| Third Party Cover Premium (3 year) |
10,640 |
| Zero Depreciation (Add-on) |
2,862 |
| Final Premium (after discounts and GST) |
19,784 onwards |
*The above-mentioned quote is for a brand-new Honda New City SV (Manual) car registered under DL1 RTO. The prices are for a three-year TP and 1 year OD policy. All prices are on ex-showroom cost.
Tips to Save on Your Sedan Car Insurance Premium
Below are some essential tips you can follow to save on insurance costs for your sedan car:
- Compare Quotes Online: Start by comparing quotes from multiple insurers, as each company assess risk factors differently. You can use online tools on websites like Policybazaar.com to quickly compare car insurance online.
- Avoid Unnecessary Add-ons: Only choose add-ons that are really needed based on your car type and driving habits. Opting for unnecessary add-on covers can increase premium costs.
- Opt for Deductible: Selecting a higher deductible can help lower your sedan car insurance premium for your sedan. Just make sure that the deductible you choose is an amount you can easily pay in case of a claim.
- Maintain a Good Credit History: Insurers also examine your credit score when calculating premiums. If you have a good credit history, you can get your sedan car insurance at a lower premium.
How to Raise a Sedan Car Insurance Claim?
Raising a claim under your sedan car insurance policy is very simple. Simply follow these steps to ensure a smooth claim settlement:
- Inform the insurer immediately after your sedan has met with an accident. Upon intimation, the insurer will register the claim.
- A surveyor will be sent to assess the damages caused to your insured vehicle.
- Once the survey is done, you will be required to submit some documents for claim verification.
- Now, the insured sedan will be sent to the network garage for repairs.
- Once the repairs are complete, the insurer will settle your cashless claim directly with the garage.
Summing it Up!
No matter which sedan you drive, choose an insurance policy that offers complete protection to your car. There are many insurance companies that offer sedan insurance policies at competitive prices. For a quick quote for your sedan, compare car insurance plans on Policybazaar.com and choose a policy that best suits your needs.
