- About Coverfox
"Universal Sompo Car Insurance is a comprehensive car insurance package offered by Universal Sompo General Insurance Company Limited. The private-public partnership based insurer is a joint venture between Allahabad Bank, Indian Overseas Bank, Karnataka Bank, Dabur Investment Corporation and Sompo Japan Nipponkoa Insurance Inc. The insurer offers private as well as commercial insurance under its four-wheeler banner. The private car package covers loss arising out of man made and natural calamities, legal liability to third party personal injury and property damage and compulsory Personal Accident cover for owner drivers. You can also avail a discount for opting higher voluntary excess."
This policy covers damages to your car caused due to explosions, lightning, theft, burglary, riot, strike, malicious acts, terror attacks, earthquakes, floods, and accidental external means land or rock slide.
This policy under its comprehensive coverage offers compulsory personal accidental cover to the driver and car owner.
Loss of Accessories – It offers coverage for electrical and non-electrical accessories of your car with this cover.
Personal Accident Cover – This option provides personal accident cover to occupants of the car
Legal Liability – With this option as the name suggests it offers a legal liability to cleaner, paid driver or any workman who is specifically named in the policy.
Emergency Assistance Coverage
This is an add-on benefit offered under Private car insurance policy. Under this benefit on site minor repair of car, battery jump start, fuel delivery, lost/ stolen key coverage, etc. are provided within 50 km from the breakdown point up to nearest vendor (a place where possible solution is available) or city.
Nil depreciation/ Zero depreciation
This cover protects the vehicle from the depreciated or reduced value of car parts (this includes the paint, plastic parts, etc.). The depreciated value is anywhere between 5- 50% and is effective right after the car drives out of the showroom. Thus, with this add-on cover the out of pocket expenses of the insured are saved to a large extent at the time of claim.
Note: This add-on cover is available only up to 3 years from the date of first purchase.
Return to Invoice
This benefit the ensures that insured gets an invoice price in case it is stolen or has total loss due to a major accident.
Flat Tyre Support
This plan offers two add-on covers namely Zero Depreciation (available in Silver plan mentioned above) and
Loss of Use/ Down Time protection
The loss of Use/ Down Time protection benefit offers daily cash allowance up to INR 500 per day for a maximum of 5 days or 15 days depending on partial or complete loss respectively. Under this benefit, the cost of alternate transport for the period of repair or replacement of car is also covered.
This plan offers three add-on covers namely Zero depreciation, Engine and Gear box cover and No-claim bonus protection.Engine and Gearbox cover - This add-on cover offers coverage for the non-accidental of engine, its parts and/ or gearbox damage. This damage can be a result of floods, leakage of lubricating oil, etc.No-claim bonus protection - This add-on cover offers coverage for the no-claim bonus which is the premium discount which insured earns after every claim free year. Normally, the no-claim discount is lost after a single claim however, with no-claim bonus protect the no-claim discount earned is protected after one claim in a year.
This plan offers four add-on covers namely Zero depreciation, Engine and Gear box cover, No-Claim Bonus Protect and Cost of Consumables.The cost of consumables add-on cover offers coverage for expenses towards consumable items like lubricants clip, nut bolt, break oil, etc.
Required steps for claim settlement and supporting documents:
1. In case of Own Damage
At the time of intimation, you need to provide the following details:
After intimation, following are the steps to complete the process of claim -
2. In case of Vehicle Theft
3. In case of Third Party Claims
Once you have lodged the claim, Universal Sompo offers a Claim Tracking facility, so that you can track the status of the claim.
Renew your Universal Sompo car insurance policy online (before due date)
If your car insurance policy is still in force, you can renew it instantly. Here's how:
Renew your Universal Sompo car insurance policy online after expiry
Universal Sompo offers claims assistance with the most convenient and hassle-free processing. You can buy a completely tailor-made car insurance policy to suit your requirements. Get the most comprehensive coverage for your private car from Universal Sompo, which has more than 2000 authorised network garages to support cashless claim service. You can also attach optional Add-on covers to your car insurance policy. Universal Sompo comprehensive car insurance policy provides a protective shield to deal with natural and man-made perils that may incur to your car. Stay covered.