Porsche Car Insurance
Buy car insurance online/renew non IFFCO Tokio car insurance policy
Porsche is – in the eyes of auto enthusiasts – as premium a car as one can get. The super-sleek looks, top-class leather seats, crisp engine, and an almost airplane-like pickup make it to the long list of attributes that define owning a Porsche as a dream come true. No wonder it is a car favoured by the rich and famous too!
A Porsche in your garage is not just a car – it’s a trophy, a statement. Therefore, you must take every effort to ensure it is well protected. The best way to protect your Porsche is by purchasing adequate automobile insurance. This is where IFFCO-Tokio General Insurance Co. Ltd. can help you in getting the best coverage suited to your needs.
Our Porsche car insurance plans include third-party and comprehensive policies. You can even customize your coverage with the help of add-ons. Indeed, buying car insurance has never been so easy!
Needless to say, when you are driving a premium quality car like the Porsche, you will be extremely careful out on the road. But sadly, other motorists can get careless. This may lead to a mishap that could cost you heavy!
Apart from the heartbreak your damaged Porsche will cause you, you would be further stressed by the need to pay heavily for repairs. Therefore, it makes sense to arm yourself with a Porsche car insurance plan from IFFCO-Tokio General Insurance Co. Ltd. A comprehensive Porsche car insurance plan will provide for your own car repairs as well as manage any financial liabilities you owe the third-party in the accident. Moreover, you also receive coverage from losses sustained in natural and man-made calamities like floods and riots.
Another reason to get your Porsche insured is that motor insurance is mandatory by law in India. So, you would want to drive around being legally compliant.
You can easily buy your Porsche car insurance policy from any of our offices. Our customer service team members would be more than happy to help you with the process. An even better option is to consider buying coverage online through our website in a few easy steps. Here’s how:
Log on to https://www.iffcotokio.co.in/ and follow the intuitive website’s instructions to buy your coverage. You simply need to furnish your name, contact details, and some information regarding your Porsche. Upon receiving these, we pull up the relevant insurance plans for your car.
Once you receive your insurance options from us, select the plan that suits your requirement. If you feel the need, bundle up some add-ons with the chosen plan.
Now, there is only one thing left for you to do. And that is, to pay the premium. Once you have done that, you are through. Very soon, you will receive the policy documents from us via email.
Buying your Porsche car insurance is highly recommended as it is:
You need to go through only 3 steps to buy the policy
You can access an insurance policy 24/7 from anywhere
Forget about handling physical paperwork as the policy will be in your inbox - safe and secure
Our insurance plans love your Porsche car just as much as you do.
Damages and losses that may arise out of collisions & accidents.
Coverage against losses incurred when your car is stolen.
Damages and losses caused to due to an accidental fire.
Damages and losses due to acts of nature such as floods, cyclones, etc.
Get compensation up to Rs. 15 lakh in case accident leads to death or disability of the owner.
Pays for property damages and injuries caused by your car.
Here are some recommended add-ons that can widen the coverage of your Porsche car insurance policy.
Your car can depreciate by up to 40% in 4 years. Therefore, after 4 years, you will only get 60% of the car’s value or total repair costs in case of a claim. To avoid this, you can opt for the zero depreciation add-on with your Porsche insurance policy. This will safeguard your car from depreciation and ensure you get complete compensation in case of a claim.
This is another important add-on you can opt for with your Porsche car insurance policy. This add-on protects the important parts of your engine such as the crankshaft, piston, pins, cylinder, gearbox, and so on from damage. This add-on is especially useful if you live in a low-lying area where flooding could damage your car’s engine.
If you drive safely and do not make a claim against your policy, you are entitled to a discount when you renew your plan. This discount is known as No Claim Bonus or NCB. If you continue driving safely and maintain your claim-free record, you could enjoy an NCB discount of up to 50%. However, make a single claim and your NCB discount is lost. If you wish to retain your NCB despite making a claim, you can opt for the No Claim Bonus protector add-in with your Porsche car insurance policy. This will ensure the NCB you’ve accumulated for years, is not lost when you make a claim.
With the return to invoice add-on, in case of total loss or theft of your vehicle, the insurance provider will pay the on-road price of your car as compensation. Whereas, with a normal plan, you would only get the IDV (on-road price minus depreciation) of your car and this decreases every year!
The Porsche is an extremely reliable car. However, even the best cars in the world can experience a mechanical breakdown. This is why it makes sense to include the Roadside Assistance add-on with your Porsche insurance. It will ensure that, if you are ever stranded due to mechanical failure, you can get help with just a single call.
These are some of the standard exclusions of car insurance in India.
In the case of a Third-Party or Liability Only Car Policy, damages to own vehicle won’t be covered.
You were driving drunk or without a valid driving licence.
You hold a learner’s licence and were driving without a valid driving licence-holder in the front passenger seat.
Any damage which is not a direct result of the accident (e.g. after an accident, if the damaged car is driven incorrectly and the engine gets damaged, it will not be covered)
Any contributory negligence(e.g. damage due to driving a car in a flood, which is not recommended as per the manufacturer’s driving manual, will not be covered)
If you want basic and affordable coverage for your Porsche, you can opt for third party insurance. These plans do 3 things for you. Firstly, they serve the basic legal requirement to drive your car on Indian roads. Secondly, they ensure you do not have to pay for third party damages and injuries in an accident you are involved in. And lastly, they will provide a payout of up to 15 lakhs in case an accident leads to your total permanent disability or death.
However, third party insurance does not cover damages or total loss of your own vehicle. So while these plans might be extremely affordable, they do not offer any protection for your Porsche.
If you want to give your car complete protection, on and off the road, you should purchase this type of Porsche car insurance. This is because, comprehensive plans are made of two components, third party cover and own damage cover. This means that they provide everything that third party insurance does.
But, along with this, comprehensive plans also protect your car. These plans offer coverage against damages and total loss of your vehicle due to accidents, acts of nature, theft, and other manmade calamities. Comprehensive car insurance also allows you to choose from different add-ons that widen the coverage of your plan and provide you with increase protection from perils of the road.
You should know these important car insurance terms before you buy a Porsche car insurance policy.
Premium is the cost of your Porsche car insurance policy. It is the amount you have to pay to enjoy car insurance coverage. It is usually payable annually, except for the case of long-term plans, where it is usually paid once every 3 years.
The financial protection provided by your insurance policy is known as coverage. The coverage of a car insurance policy will vary based on the insurance provider and the type of plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Porsche car insurance policy.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Porsche car insurance policy.
No claim bonus, or NCB, is like a reward for not making a claim. It is a discount you enjoy when you renew your plan after a claim-free year. This discount will keep increasing for every claim-free year. You can avail a maximum discount of 50% year after year for not making any claims against your policy.
Simple, just use the car insurance premium calculator. This online tool allows you to check the premium of your Porsche car insurance policy using some very basic information. To calculate the premium, you must provide the following details:
Until recently, innovation and insurance were rarely used in the same sentence. However, we have made it our mission to change this. At IFFCO-Tokio, we are bringing in technology to provide you with car insurance that’s quicker and more convenient.
One of the ways we’re doing this is through our QCS app, which puts a host of our services at your fingertips! You can submit claims using your nothing but your phone and get up to Rs. 50,000 in compensation in just 4 hours.
With close to 20 years of experience in the insurance industry, we have settled more than 8 lakhs claims (in FY19) with a settlement ratio of 92.65%. This is just one of the reasons why 1,00,000+ individuals entrust us with their car insurance needs.
4300+ Network Garages
We provide cashless services in more than 4300 garages, which are evenly spread across the country.
Quick Claim Settlement
We offer a QCS facility under which motor insurance claims get settled seamlessly within minutes.
Trusted Brand
For 19 years, we have been servicing our customers with a wide range of insurance policies.
Claims experience
We settled a total of 8.61 lakh claims in FY2019 and have a claim settlement ratio of 92.65%
Awarding winning protection
IFFCO-Tokio won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles.
Wide network of branches
Our policies can be brought from more than 20,000 agents and branches having a wide presence throughout the country.
