Third Party Car Insurance

Types of Motor Insurance Plans in India

Whether you are buying a car, bike or a commercial vehicle, the types of coverage under motor insurance are classified into two types:

• 1. Third Party Motor Insurance

• 2. Comprehensive Motor Insurance

 Let’s compare both motor insurance coverages-

Third party Motor Insurance Price list 2022

This is stipulated by the Insurance Regulatory and Development Authority of India (IRDAI), and it is directly proportional to your vehicle Engine Capacity / Battery Capacity / GVW. Let’s check the latest price of third party insurance as defined by IRDAI effective  1st June 2022.

Step 1 – Provide Vehicle Details 
Visit our website and provide vehicle registration number in ‘motor insurance’ tab.  System will auto fetch all the details of your vehicle. Once prompted, fill in your name , contact number and other details as per KYC documents. 

Step 2 – Cross-Check Details
Once you have completed filling up all the details, you need to cross-check the  details and coverage plan.  Once checked, make the payment through your preferred payment method. 

Step 3 - Get Policy Document 
A soft copy of your third party motor insurance policy would be emailed to you immediately. You can take print  out or simply access it in your email anytime you wish to.

Why Buy Third Party Insurance Online?

If you decide to walk into one of our branches, our staff would be more than happy to help you buy the motor insurance policy you need. However, we recommend that you consider buying the Third party insurance for bike or third party insurance for car online as you can avail the following benefits –

• Easy Purchase Process - Buying third party insurance online is very easy. All it takes are a few clicks/taps to get your coverage needs within a couple of minutes. 
• 24/7 Accessibility - Our website is available for you at any time of the day. Whether you’r in office or at home , simply log on at your convenient  time  to get your insurance policy.
• Paperless Documentation - One of the biggest advantages of buying coverage online is that you don’t have to worry about storing files of physical documents that can get misplaced. Your third party insurance policy copy stays safe in your mailbox & you may use it whenever you need it.

How to File a Third Party Insurance Claim?

Here is a quick look at the process of filing a third party motor insurance claim.

Step 1. File a First Information Report (FIR): You need to file a First Information Report (FIR) immediately at the local police station as soon as you  can. Without an FIR, your claim may not be processed. 

Step 2. Inform us(Insurance Company) : Get in touch with us immediately at 1800-103-5499 so that our customer support staff can guide you through the process of filing a claim.

What are the documentation required for filing a Third Party Insurance Claim?

We will guide you on the documents you require to make a claim, post which you need to arrange these in order. 

You will need to have 

• Filled claim form

• Copy of FIR

• Copy of Third party insurance policy

• Copy of your driving license

• Copy of your vehicle’s RC

• Any other situation-specific documents (such as photographic evidence).

Provided all your initial paperwork is in order, IFFCO Tokio team will assist you at every step so that your third party insurance claim gets processed smoothly.

Points to keep in mind while raising a third-party insurance claim

• File an FIR and Inform IFFCO Tokio
  You should file an FIR at the local police station and inform us about the incident/accident immediately. If you do not follow these steps or take these actions, your third party insurance claim may get rejected.
  
  
• Collect and Submit Evidence
  Collect all possible evidences of the incident/accident and make sure to handover the copy of these evidences to IFFCO Tokio.

Mistakes to Avoid While Filing Third Party Insurance Claims

Avoid belowmentioned mistakes in order to ensure that your third-party motor insurance claims process gets settled smoothly. 

• Do not drive away from the scene of the accident

• Do not get into personal discussions and settlement with the third party

• Do not forget to file an FIR with the police

• Do not forget to keep your insurer informed every step of the way

• Do not miss out on taking photographic evidence

For any queries or detailed guidance,  get in touch with us at IFFCO Tokio.

Disclaimer: 

Car insurance- *Third party premium for Cars with engines below 1000CC. Per day premium is for indication only. Premium is payable on an annual basis

Two Wheeler - **Third party premium for two-wheeler with engines below 75CC. Per day premium is for indication only. Premium is payable on an annual basis.

Commercial - ***Third party premium for three wheeled vehicles used for carrying passengers with carrying capacity not exceeding 6 passengers. Per day premium is for indication only. Premium is payable on an annual basis.