Download the Policybazaar app
to manage all your insurance needs.
- Home
- Motor Insurance
- Car Insurance
- Toyota Car Insurance
Toyota Car Insurance
A Toyota car insurance policy offers additional protection for your Toyota car from losses arising due to an unforeseen mishap such as a road accident, natural calamities, theft, fire, etc. It also provides the car’s owner-driver with personal accident cover and other useful add-ons for enhanced protection.
About Toyota Motor Corporation
Toyota Motor Corporation is one of the world's largest vehicle manufacturers, producing 10 million vehicles annually. This Japanese Company operates in India as Toyota Kirloskar Motor Private Limited.
Toyota cars are popularly known for their strong build, durability and luxurious features. Some of the best-selling Toyota car models in India include Toyota Fortuner, Toyota Glanza, Urban Cruiser, and Innova Hycross.
Toyota Car Models with Insurance Price
| Toyota Car Models (2023 Registration) |
Ex-Showroom Price | Insured Declared Value (IDV) | Zero Depreciation Cover | Toyota Insurance Premium* (Bundled Policy) |
| Glanza E MT | Rs. 6,81,000 | Rs. 6,46,950 | Rs. 1,617 | Rs. 17,220 onwards |
| Urban Cruiser E MT 2WD Petrol | Rs. 10,86,000 | Rs. 10,31,700 | Rs. 2,579 | Rs. 19,995 onwards |
| Rumion S MT NEO | Rs. 10,29,000 | Rs. 9,77,550 | Rs. 3,209 | Rs. 22,022 onwards |
| Toyota Innova Crysta GX (7S) M | Rs. 19,99,000 | Rs. 18,90,405 | Rs. 8,507 | Rs. 48,288 onwards |
| Fortuner (2.7L) 4x2 MT Petrol | Rs. 33,43,000 | Rs. 31,36,187 | Rs. 10,788 | Rs. 60,849 onwards |
| Camry Hybrid | Rs. 46,17,000 | Rs. 43,86,150 | Rs. 15,088 | Rs. 73,534 onwards |
*Disclaimer: The Toyota insurance rates for various car models may differ based on registration city, model variant, claim history, coverage, etc.
*The car insurance price has been estimated for brand-new cars as the car is under DL1 RTO.
Toyota Car Insurance Premium Calculator
To calculate the estimated Toyota car insurance premium, a policyholder can use a car insurance premium calculator before purchasing a policy. It is an online tool and calculates estimated premium based on the following factors:
- Toyota car's RTO
- Car's registration year, make, model, and fuel type
- Previous claim details
- NCB discount
- Ex-showroom price
Toyota Car Insurance Coverage
- Death or disability to third parties or third party property damages
- Covers losses arising as a result of fire, self-ignition or explosion
- Partial or Total loss arising as a result of theft or burglary
- Damages to the insured car while it was in transit via road, rail, airways or waterways
- Damages to the insured car due to natural disasters like earthquakes, cyclones, hurricanes, etc.
- Losses arising out of manmade acts like riots, terrorist activities, and strikes.
- Depreciation or general wear and tear on the parts of the Toyota car
- Damages due to contributory negligence of the driver
- Damages sustained while driving the Toyota car outside India
- Electrical or mechanical breakdown of the car
- Driving the insured car under the influence of drugs or alcohol
- Driving a Toyota car without a valid driving license
- Consequential loss of the insured car
- Commercial usage of private-use Toyota cars
Toyota Car Insurance: Add-Ons
Toyota vehicle insurance plans also offer add-on covers that can be purchased to get additional coverage for your car. Take a look at some of the commonly available add-on covers under the Toyota insurance policy:
- Zero Depreciation Cover
- No Claim Bonus Protection
- Alternative Vehicle Cover
- Emergency Assistance Cover
- Key Replacement Cover
- Return to Invoice Cover
- Consumable Cover
- Engine & Gearbox Protector
How to Buy/Renew Toyota Insurance Online?
Buying or renewing Toyota insurance online is very easy and convenient. Following are the steps to buy car insurance online from Policybazaar.com:
- From the website's homepage, click on the “Car Insurance” tab
- On the next page, enter your car number or proceed with the “Brand New Car” option
- Provide details of your Toyota car, such as RTO, registration year, car model, fuel type, etc.
- Fill in your contact details in the requested space
- Select the type of Toyota motor insurance coverage you want for your car
- Choose the policy and add-ons of your choice and pay the premium online
- After successful payment, your Toyota motor insurance policy will be issued. You will receive the policy copy at your email address.
How to Raise a Claim Under Toyota Car Insurance?
If you have a Toyota four-wheeler insurance policy, you need to raise a claim in order to get financial aid from your motor insurance company. If you get your car repaired at an approved garage of your insurer, you will be eligible to file a cashless claim with your insurer.
If your car is being repaired at a non-approved garage, you will have to file a reimbursement claim. Following is the procedure to file a car insurance claim for your Toyota car:
- Contact your motor insurer as soon as a mishap involving your Toyota car occurs
- File a police FIR if your car has been stolen or damaged due to a third party
- Cooperate with the surveyor sent by your insurer to assess the damages to your car
- Send your Toyota car to an approved/ non-approved garage after the survey has been done
- Submit all the requested documents to your insurance company
- Collect your car from the approved garage once it has been repaired
- In case of a non-approved garage, pay the repair bill and then collect your car
- Submit the car repair bill and payment receipts to your insurer
- Your motor insurer will verify your claim and pay the claim amount.
Documents Required to Raise Toyota Car Insurance Claim
The following documents need to be submitted while raising a Toyota car insurance claim:
- Toyota insurance policy document
- Car insurance claim form
- Toyota car registration certificate
- Police FIR copy (for third-party and theft claims)
- Driving license of the car's owner-driver
- Repair bill of the car
- Bill payment receipts
FAQs
-
Q1. If my Toyota insurance policy expires, will my car be inspected during renewals?
Ans: Yes. If your previous Toyota car insurance policy has expired, your insurer will inspect your car before renewing your policy.
-
Q2. Is online Toyota car insurance valid?
Ans: Yes. All Toyota insurance policies purchased online from IRDAI-registered insurance companies and broker websites are legally valid.
-
Q3. Do I need to pay any charges to avail cashless repair facility for my Toyota car?
Ans: No. All motor insurance companies offer cashless repair facilities free of cost at their approved garages. All you need is your Toyota car insurance policy to avail the facility.
-
Q4. How are Toyota insurance rates calculated?
Ans: The Toyota insurance rates for a car are calculated based on the following factors:
- Age of the Toyota car
- Type of policy coverage chosen
- Toyota car model and its variant
- IDV of the car
- RTO of the Toyota car
- Price of selected add-on covers
- Claim history, etc.
You can also use a Toyota car insurance premium calculator on Policybazaar.com to get an estimated premium for your Toyota car
-
Q5. How can I reduce my Toyota car insurance rates?
Ans: You can reduce your Toyota car insurance rates in one of the following ways:
- Build Your No Claim Bonus (NCB) - The NCB can help to reduce your car insurance premium by up to 50%, but it can be earned only if you don’t raise a claim in your policy year.
- Opting for a Higher Voluntary Deductible - If you opt for a higher voluntary deductible, you have to pay a portion of the claim amount during claim settlement. If you opt for a higher deductible, your insurer will grant you a discount on your premium.
- Availing other discounts - Besides, insurers also provide discounts if you are a member of the Automobile Association or you have an ARAI-approved anti-theft device installed.
Car Insurance By Manufacturers
Car insurance companies
Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Car insurance Articles
- Recent Article
- Popular Articles
20 Jun 2024
Top 5 Car Care Tips to Beat The Summer Heat
The extreme heat and constant heat wave warnings have made
Read more
11 Jun 2024
How to Check Car Owner Details By Registration...
Scenarios like hit-and-run accidents or purchasing a second-hand
Read more
21 May 2024
Get Faster Claim Settlement with Policybazaar...
Getting your car insurance claim settled is no longer a hassle
Read more
17 Apr 2024
Understand the Nitty-Gritty of Car Insurance...
Have you recently purchased a car insurance policy for your new
Read more
22 Feb 2024
IDV in Car Insurance
In layman's terms, the IDV full form is the Insured Declared Value
Read more#Rs 2094/- per annum is the price for third-party motor insurance for private cars (non-commercial) of not more than 1000cc
*Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.
##Claim Assurance Program: Pick-up and drop facility available in 1400+ select network garages. On-ground workshop team available in select workshops. Repair warranty on parts at the sole discretion of insurance companies. Dedicated Claims Manager. 24x7 Claim Assistance.
