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Daewoo was a South Korean motor insurance company established in the year 1937. The company was known for producing great value for money cars. The brand entered the Indian market in the year 1995. In case you still own a Daewoo Car then it is important that you insure the car with a third party or comprehensive car insurance.
Having car insurance for Daewoo vehicles protects you against natural and man made calamities, theft, third party damages, etc. You can choose to insure your Daewoo Car online with Coverfox and get a 70% renewal discount.
This type of car insurance provides coverage to third party life and property and does not cover the insured vehicle
This type of car insurance provides coverage to your vehicle as well as third party and property
This type of insurance provides coverage for your car’s damages and losses including events caused due to man made, natural calamities, and theft.
|Name of the model||Price of the variant|
|Daewoo Cielo||Rs. 5.47 lakh|
|Daewoo Matiz||Rs. 3. 05 lakh|
|Daewoo Nexia||Rs. 6.22 lakh|
You can either choose to buy comprehensive car insurance or third party car insurance for your Daewoo Car
Daewoo Car insurance provides the below coverage:
Daewoo Car insurance does not cover the below
Yes, you can still buy insurance for your Daewoo car online on Coverfox.com. You can get up to 70% discount on purchase and renewal of Daewoo car policy.
Yes, you can renew your old Daewoo car insurance online simply by entering your vehicle registration details, car make and model, previous policy number, etc.
Renewal of Daewoo car insurance online takes less than 3 minutes. All you need to do is enter your car details, submit identity and address proof, check on insurance quotes and make the payment online.
You can choose to buy various car insurance add ons such as roadside assistance, engine protection, zero depreciation, key loss, passenger assistance, tyre damage, etc.
No, Daewoo cars are not being made and the brand has been taken over by General Motors in the year 2002.
One of the main reasons why Daewoo cars failed is because they started offering huge discounts to customers which resulted in bankruptcy in late 1999.