Four Wheeler Insurance Policy

When it comes to safeguarding your Maruti, one of India’s most popular car brands, securing the right four wheeler insurance policy is not just a necessity—it’s a priority. In a bustling market filled with numerous insurance options, finding the perfect fit for your vehicle can seem daunting. However, with Digibima, an innovative insurance aggregator in India, this journey becomes seamless and straightforward. In this comprehensive guide, we will walk you through how to secure the best insurance plan for your Maruti car, backed by examples and an inclusive FAQ section.

Understanding Four Wheeler Insurance Policy

Before diving into the specifics, let’s clarify what a four wheeler insurance policy entails. Essentially, it’s a contract between you (the car owner) and an insurance company, wherein the insurer covers your car against damages, theft, natural disasters, and third-party liabilities, depending on the type of policy you choose.

There are two main types of policies:

  • Third-Party Insurance: Legally mandatory in India, it covers damages to third-party property and life but does not cover your own vehicle.
  • Comprehensive Insurance: Offers extensive coverage, including third-party liability and damages to your own car due to accidents, theft, fire, natural disasters, and more.

Why Choose Digibima?

Digibima stands out in the crowded insurance marketplace for several reasons:

  • Wide Range of Options: Access to a plethora of insurance policies from leading providers, ensuring you find one that fits your specific needs.
  • Customization: Tailor your insurance coverage with add-ons like zero depreciation, engine protection, and roadside assistance.
  • Transparency: Clear, unbiased comparisons of different insurance policies based on coverage, price, and customer service ratings.
  • Expert Guidance: Our team of experts is always ready to assist you in making informed decisions, simplifying the process of buying insurance.

How to Find the Best Insurance for Your Maruti with Digibima

Step 1: Determine Your Needs

Consider the model, age, and usage of your Maruti car. If you drive frequently or in congested areas, opting for a comprehensive plan with add-ons like bumper-to-bumper coverage might be wise.

Step 2: Compare Policies

Digibima offers a personalized recommendation based on your exact needs, giving you a list of plenty of options to choose from. Then you can evaluate the various four wheeler insurance policy side-by-side. Look at premiums, deductibles, coverage extent, and exclusions to make an informed choice.

Step 3: Check Insurer’s Reputation

Consider the insurer’s claim settlement ratio and customer service reputation. The higher the claim settlement ratio, the better the chance of your claim being honored.

Step 4: Look for Discounts

Keep an eye out for discounts on premiums. Many insurers offer reduced rates for features like anti-theft devices or for being a part of automobile associations.

Step 5: Read the Fine Print

Before finalizing, thoroughly review the policy terms and conditions. Understanding the exclusions and limitations is crucial to avoid surprises during claim processing.

Real-Life Examples

Example 1: Mr. Sharma owns a Maruti Swift, a popular model in India. He opted for a comprehensive insurance plan through Digibima, adding zero depreciation and engine protection cover. Six months later, his car was involved in a flood, causing significant engine damage. 

Thanks to his foresightedness and comprehensive coverage, the insurance covered the entire cost of the engine repairs, sparing him a hefty out-of-pocket expense.

Example 2: Ms. Patel, a new driver, purchased a Maruti Alto. Considering her inexperience and the risks of accidental damage, she chose a policy with a lower deductible and added roadside assistance. When she accidentally locked her keys inside the car, the roadside assistance feature came to her rescue, all covered by her insurance.

FAQ Section

Q1: What factors affect the premium of my Maruti car insurance?

A: Several factors impact the insurance premium, including the car’s make, model, age, geographical location, chosen coverage, and your driving history.


Q2: Can I transfer my no-claim bonus (NCB) when switching insurers?

A: Yes, the NCB is transferable across insurers. It’s a reward for not making any claims in the previous policy year(s), reducing your premium on renewal.


Q3: How can I lower my four wheeler insurance policy premium?

A: Increase your deductible, maintain a clean driving record, transfer your NCB, install anti-theft devices, and compare policies on Digibima to find the best rates.


Q4: What is the process of claiming insurance in case of an accident?

A: Notify your insurer immediately, file an FIR if required, submit the necessary documents to your insurer, and take your car to an authorized garage for repairs. The insurer will assess the damage and either settle the claim directly with the garage under the cashless scheme or reimburse you for the repair costs.


Q5: Are there any exclusions I should be aware of in a comprehensive insurance policy?

A: Yes, common exclusions include damages due to wear and tear, driving under the influence of alcohol or drugs, using the vehicle for illegal activities, and damages caused when the policy is not active.


Q6: Is it possible to add or remove add-ons from my insurance policy mid-term?

A: Yes, most insurers allow you to add or remove add-ons at the time of policy renewal. However, some may permit changes mid-term subject to their terms and conditions.


Q7: How does the engine protection cover benefit me?

A: Engine protection cover is especially beneficial for cars prone to waterlogging or flooding areas. It covers damages to the engine outside of accidents, such as hydrostatic lock during monsoons, which is not covered under standard comprehensive insurance.