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The Hyundai i20 is a super mini hatchback produced by the South Korean manufacturer Hyundai since 2008. The Hyundai i20 is positioned between i10 and i30. The second generation of Hyundai i20 (Elite) was launched in August 2014 in India. The Hyundai Elite i20 is available in five variants: Era, Magna Executive, Sportz, Asta and Asta Option. The prices of the Hyundai i20 Elite start from Rs. 5.43 lakhs and go up to Rs. 9.23 lakhs (ex-showroom Delhi).It has Antilock Braking System with 6 airbags and a reverse parking camera.
If you are the owner of this car then you must have a car insurance to follow the Motor Vehicles Act, 1988.
Note: All information has been sourced from the official website of Hyundai Motors India.
Hyundai i20 Car Insurance premium rates for the top Hyundai i20 Variants are as follows:
|Hyundai i20(2019 Registration)||Fuel Type||Insured Declared Value||Zero Depreciation Cover||Insurance Price||More Plans|
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.
The salient features of Hyundai i20 Elite car are:
In India, as per the Motor Vehicles Act of 1988, it is mandatory that every vehicle being driven on the road be insured. This rule applies to your Car too. Broadly, car insurance is divided into two categories i.e. third-party car insurance and comprehensive car insurance. However, you’ll be surprised to know [if you don’t know already] that only the third-party liability insurance is mandatory by law. Buying a comprehensive car insurance policy is a matter of choice.
The total volume of all the cylinders in a car’s engine added together is expressed in cubic centimetres(cc) or, more frequently in litres. So, an engine with a capacity of 1499cc will be referred to as a 1.5litre unit. The cubic capacity of your car is mentioned in your car registration certificate (RC).The premium calculation is done as per below:
Incidentally, the cubic capacity of the car also has a direct impact on the Third Party premium, too. So, the higher the cubic capacity of your car, the more is the premium.
With the availability of online platforms, buying insurance is a very simple and hassle-free procedure. However, following are the documents that you would need to keep handy.
You may wish to make changes to your existing Hyundai i20’s car insurance policy, and these changes are done through an endorsement. An endorsement is a written evidence of the changes made in the policy. If you need to make any changes then you can submit a letter to the insurer with the necessary proofs. This helps you obtain an endorsement, which can affect the premium to be paid for the policy.
Yes it’s possible to switch from third-party to comprehensive. However, a vehicle inspection will be required.
Yes, you can renew your car insurance with another insurance company without any hassles.
When you compare quotes on Coverfox.com, you get to customize your car insurance premium based on the different insurers available, the IDV and add-on covers. You can schedule inspection of your car if required by the insurance company. In case you do not understand the plan that you choose or any other aspect of the plan that you wish to buy, then our expert advisors are available to guide you through the process.