Bugatti is known for astonishingly expensive high-speed sports cars. Not many know about the brand's rich history of the struggle for existence and how it became the big brand it is now. Ettore Bugatti was an industrial designer who founded Bugatti in 1909. His son's death in 1939, followed by his own death in 1947, left the brand with no living successor. The brand’s struggle continued until it was revived by an Italian entrepreneur, Romano Artioli. The Bugatti we know today is owned by the Volkswagen group. Bugatti cars are technologically advanced and deliver exhilarating performance, and buying car insurance for such a marvel of engineering is a no-brainer. Considering the high value of Bugatti cars, buying insurance with comprehensive coverage becomes a must. Read on to learn more about Bugatti insurance.
Here are a few reasons why you should choose online car insurance for Bugatti cars.
Buying a car insurance policy is a legal obligation in India. Without a valid car insurance policy for the Bugatti, the driver will be charged with fines and penalties that can amount to a large sum of money. Driving without an insurance policy can also attract the punishment of imprisonment.
Bugatti cars are known for their top-notch speeds. A car can cause a lot of damage at such high speeds. This is where third-party car insurance can be helpful. It compensates the third-party for injuries, property damage, and death.
The cost of repairing a high-end car like Bugatti is also higher as compared to a normal car. The own damage component of a car insurance policy can become a financial backup in case of damages to the insured Bugatti under a comprehensive policy.
There are two types of car insurance plans for Bugatti cars. Here are more details regarding the same.
This is the most basic type of car insurance coverage available for Bugatti cars in India. It covers only the cost of compensating third-party persons against injuries, property damage, or death, a personal accident cover, and coverage for third-party legal liabilities. Any damage to the Bugatti is not covered under this plan. It is highly unadvisable to opt for only a third-party car insurance plan for Bugatti.
A comprehensive car insurance policy includes coverage for the damages to the insured Bugatti along with all the coverages offered by the third-party plan. Additionally, one can increase the scope of this plan by opting for an add-on like Zero Depreciation, Invoice Protect, or Engine Protect, etc. A comprehensive plan offers coverage for the theft of Bugatti as well.
Add-ons are optional coverages that are helpful to to cover certain unique scenarios. Add-ons can be bought only with a comprehensive car insurance policy. The following add-ons are available for Bugatti car insurance.
Any damage to the engine of an insured car is not covered in a comprehensive car insurance policy. However, it can be covered under insurance with the help of an Engine Protect Add-on.
Invoice cover, also known as Return to Invoice cover, helps the car owner claim for the ex-showroom price of the car in case of extreme damage or theft.
Due to the additional features, Bugatti's smart keys are expensive and losing them can burn a hole in your pocket. Buying the Key Protect Add-on along with the Bugatti Car insurance can help cover these costs.
NCB stands for No Claim Bonus. This discount drops to zero when the policyholder raises a claim. The NCB protect add-on keeps the NCB cycle going even if a few claims are raised.
People carry important personal belongings like mobile phones, laptops, etc., while travelling. These can get stolen from the car in some cases. The Theft of Personal Belongings add-on will be helpful in receiving compensation for such devices.
Every car insurance policy has a fixed set of coverages that helps define the scope of that policy. The following coverages are a part of Bugatti Car Insurance for a comprehensive type of policy:
Exclusions are situations where a policyholder cannot raise a claim for compensation. He/she will have to bear the cost of repair/replacement from their pocket. Following is a list of exclusions for the Bugatti Car insurance policy:
ACKO is one of the fastest-growing, customer-centric car insurance providers in today's market. Buying insurance for your Bugatti from ACKO will give you the following benefits:
Acko is a digital-first insurance company, i.e almost all the process can be completed online. Buying Bugatti car insurance and making a claim is also possible from acko.com.
Acko can offer an insurance policy for your Bugatti at the best price because the company works on no commission basis. There are no commission agents involved in buying a policy from acko.com.
Being a digital-first insurance company, no hard copies are required to buy Bugatti car insurance.
Acko’s efficient claims team ensures that the policyholder has to go through minimum hassle or follow-ups in case of a claim.
When a person gets in touch with Acko, he/she will be guided by a team of insurance experts and the best possible solution will be provided.
You can follow the steps below to buy insurance for Bugatti cars.
Visit the insurance provider’s website or app.
Share your vehicle details and any other information, if required.
Choose your plan, and add-ons and select a payment method for instant purchase or renewal.
The claim process of each insurance company can differ slightly. Overall, the following steps are common.
Intimate the insurer: The policyholder should get in touch with the insurance company to report the claimable event as soon as possible.
Arrange the documents: When the policyholder contacts the insurer, they will ask for certain documents that are to be submitted while filing the claim.
Claim: The policyholder should raise a claim as per the prescribed process.
Inspection: The insurer will most likely request an inspection before accepting the claim application.
Payment: The policyholder may have to pay the deductibles for the final claim settlement. Once the claim process is over, the insurer will pay the claim amount under the terms and conditions of the insurance policy.
You need to have the following documents when filing a claim against the Bugatti car insurance.
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Reviewed by Lokesh Shetty 
Acko Technology & Services Private Limited
#36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru, Karnataka 560102
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