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icon Car Insurance icon Chevrolet icon Corvette
  • Overview
  • Types
  • Addons
  • Inclusions
  • Exclusions
  • How to Buy
  • How to Claim
  • Frequent Questions

Chevrolet Corvette Insurance

Chevrolet Corvette is an exotic sports car that promises you a great driving experience. It is a supercar of sorts that comes with an affordable price tag, and flashy styling. The car which is an 8th generation Corvette is bold and breaking, featuring a beautifully sculpted mid-engine with potent aerodynamics.

When driving a Chevrolet Corvette on Indian roads, it is essential that you do not miss out on insuring your car with a third party or comprehensive insurance cover. Having a comprehensive Chevrolet Corvette provides you with coverage against third party as well as own damage, thus ensuring that you don't have to spend anything out of your pocket at the time of claim or damages caused to third person or property.

Types of Chevrolet Corvette Insurance

third party car insurance

Third Party

This type of car insurance provides coverage to third party life and property and does not cover the insured vehicle

comprehensive car insurance

Comprehensive

This type of car insurance provides coverage to your vehicle as well as third party and property

standalone own damage car insurance

Standalone / Own Damage

This type of insurance provides coverage for your car’s damages and losses including events caused due to man made, natural calamities, and theft.

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Boost the Protection of your Chevrolet Corvette with these Add-ons

subtitle
No Claim Bonus

No Claim Bonus

No claim bonus is retained despite making multiple claims in one policy year.
Zero Depreciation

Zero Depreciation

Depreciation on parts made up of glass, plastic, rubber, nylon, etc. is is not taken into consideration at the time of claim.
Roadside Assistance

Roadside Assistance

Also known as breakdown cover, roadside assistance cover provides you with assistance like towing service, minor repair, spare key arrangements, etc.
Personal Accident Cover

Personal Accident Cover

This type of cover provides compensation up to Rs. 15 lakh in case the owner-driver dies, becomes disable or is injured due to an accident.
Engine Protection Cover

Engine Protection Cover

Provides coverage in case of loss or damages caused to the engine due to issues such as water ingression, oil spill, etc.
Daily Allowance Cover

Daily Allowance Cover

In case the insured’s car is damaged and is being repaired at a garage, then this type of cover provides travel allowance to take care of day to day expenses
Consumable Cover

Consumable Cover

A regular car insurance policy does not provide coverage for cost of consumables such as oil, nuts and bolts, lubricants, etc. But with this type of add-on such costs are covered.
Accessories Cover

Accessories Cover

With this add-on, you get coverage for car accessories such as vacuum cleaner, anti-theft device, battery charger, fire extinguisher, etc.
Passenger Cover

Passenger Cover

In case if the passengers traveling in the car get injured then this cover provides coverage for cost of hospitalization, ambulance charges, etc.
Invoice Cover

Invoice Cover

In the event of total loss, constructive loss or theft of the car, return to invoice cover provides the car owner up to the amount mentioned in the invoice.
Key Replacement Cover

Key Replacement Cover

This add on provides coverage for expenses arising from replacing the keys of the insured car.
Loss of Personal Belonging

Loss of Personal Belongings

With Loss of personal belongings Cover, your insurer will pay for any type of damages or losses to most of your personal belongings kept in the car.
Paid Driver Cover

Paid Driver Cover

Paid Driver Cover is quite helpful when you have an employed driver as it pays for any injuries caused to your driver in case of an accident.
Tyre Damage Cover

Tyre Damage Cover

Tyre Damage Cover comes in handy and provides a great deal of assistance in case of a flat tire while you are traveling.
RIM Damage Cover

RIM Damage Cover

Any warping or damages caused to rim is covered when you have purchased the Rim Damage Cover Add-on.
Voluntary Deductible

Voluntary Deductible

A Voluntary Deductible refers to a precise portion of the claim money that the policyholder agrees to pay out of his own pocket. This makes premium cheaper.

What's Covered under Chevrolet Corvette Insurance?

Accidents
Accidents
Accidents are uncertain. In case of damages caused to car due to an accident, don’t panic as with car insurance you are covered
Theft
Theft
In case of theft of the vehicle, coverage is offered up to the insured declared value mentioned in the policy
Natural and man-made calamities
Natural and Man-made Calamities
Your car is protected against man-made and natural calamities like fire, earthquake, landslide, vandalism, terrorist attack, etc.
Personal Accident
Personal Accident
Provides coverage up to Rs. 15 lakh in case of death or disability caused to the owner-driver due to an accident.
Third party liability
Third Party Liability
Get protection against death, disability or injury caused to the third party due to your car
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What's Not Covered under Chevrolet Corvette Insurance?

Electrical breakdown
Mechanical breakdown
Normal wear and tear
Driving without valid driving license
Consequential loss of car
Driving under influence of drugs/alcohol
Using car for illegal purpose
Commercial use of private car
Depreciation of car parts
Damages due to contributory negligence
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How to Buy / Renew Chevrolet Corvette Insurance Online at Coverfox?

  • 1 Enter Car Details
    Enter Car Details
    Fill in your Car registration number and other basic details
  • 2 Compare & Select Right Plan
    Compare & Select Right Plan
    Go through the shortlisted plans, their premiums and choose the best plan
  • 3 Add Additional Covers
    Add Additional Covers
    Increase the protection by attaching add-ons like Zero Dep. Engine Protection, etc.
  • 4 Make Online Payment
    Make Online Payment
    Pay premium online through a secure gateway from your credit/debit card, internet banking, wallet, etc.

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How to Claim Chevrolet Corvette Insurance?

  • Contact the insurance company within 48 hours of the accident or theft
  • File an FIR in case of third party damage or theft of the bike
  • Submit the required documents
  • The insurance company will appoint a surveyor to check on the extent of damages
  • The car will be sent to the garage for repair
  • Cashless service will be provided in case the car is being repaired at a network garage
  • In case of theft, insured declared value will be given to the policyholder after the police shares non traceable report
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Chevrolet Corvette Specification

Name of the variant Price of the variant
Corvette 6.2 CGI Rs.50.00 lakh
Corvette New Rs.50.00 lakh
Engine
Number of Cylinders 8
Number of Valves 4
Transmission type Automatic
Fuel Type Petrol
Maximum Power 638 bhp @ 6500 rpm
Gear box 6 speed
Maximum Torque 819 Nm @ 3800 rpm
Body Type Coupe
Engine displacement 6161
Fuel Tank Capacity 65 l
Suspension
Front MacPherson strut independent suspension
Rear Leaf Spring
Brakes
Front Disc
Rear Disc
Capacity
Seating 2
Dimensions
Length 4475 mm
Height 1237 mm
Width 1928 mm
No. of doors 2
Weight
Kerb Weight NA
Gross weight NA

Frequently Asked Questions

  • What is the on road price of a Chevrolet Corvette?

    • The on road price of Chevrolet Corvette is Rs. 50 lakhs

  • What is the mileage offered by Chevrolet Corvette?

    • Chevrolet Corvette offers mileage of 10.5kmpl

  • What is the engine capacity of a Chevrolet Corvette?

    • Chevrolet Corvette offers engine capacity of 6161 CC

  • Which is the best insurance policy for Chevrolet Corvette?

    • The best insurance policy for Chevrolet Corvette is comprehensive car insurance as it offers you protection against third party and own damage liability

  • Where can I buy Chevrolet Corvette insurance?

    • You can buy Chevrolet Corvette car insurance online in India. All you need to do is submit a few details related to the car's make and model, registration year, your identity proof, address proof, etc.

  • Which company has the best claim settlement ratio for Chevrolet Corvette insurance?

    • Many top companies in India have the best claim settlement ratio for Chevrolet Corvette insurance. These include names like Bharti Axa, Reliance General, Acko, etc.

  • How can I claim for Chevrolet Corvette insurance?

    • You can claim for Chevrolet Corvette insurance by contacting the insurance company, submitting the required documents, and post verification of the details shared, the insurance company will settle the claim

  • What is the maximum NCB discount I can get with Chevrolet Corvette insurance?

    • With Chevrolet Corvette insurance, you can get no claim bonus discount up to 50% for making no claim for 5 consecutive years

  • What does third party Chevrolet Corvette insurance cover?

    • Third party insurance for Chevrolet Corvette provides coverage against third party liability arising out of damages caused to third party person or property; it does not provide any cover to damages caused to your car.

  • What is the grace period for renewal of Chevrolet Corvette Insurance insurance?

    • You can renew Chevrolet Corvette Insurance within 30 days of policy expiry

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