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Jeep Compass is a mid-size SUV (Sports Utility Vehicle) which was launched in India in 2017. The Compass is a rugged SUV known for its off-road performance. Purchasing car insurance for Jeep Compass SUV is a must as it provides you with coverage against legal and financial liabilities. If you are planning to buy car insurance for your Compass SUV, then this article will provide you with all the information about Jeep Compass Car Insurance.
Car insurance is crucial for Jeep Compass as it is compulsory to at least have third-party liability coverage to comply with the Motor Vehicles Act. You cannot drive a vehicle on the road without a valid motor insurance policy, and you can be penalised for the same Comprehensive Car Insurance provides extensive coverage, and it also provides you with an Own Damage cover. Below are the benefits of the buying car insurance for Jeep Compass:
A Third-Party and Comprehensive Car Insurance policy provides coverage against financial and legal liabilities arising due to damages to third-party property or life.
A Comprehensive Car Insurance policy provides coverage against damage to your vehicle and accidental death/injury to the driver. The insurance plan covers damage to your vehicle caused due to accident, fire/explosion or man-made/natural disasters.
Apart from Own Damage cover, a Comprehensive Car Insurance policy provides coverage against theft and total loss of the insured vehicle. If your Jeep Compass SUV is stolen or damaged beyond repairs, then the insurer is liable to pay you the Insured Declared Value (IDV) of the vehicle.
Add-ons allow you to expand the coverage benefits of the Comprehensive Car Insurance policy. You can choose individual add-ons for our vehicle, depending on your requirement. But note that only a Comprehensive Car Insurance plan will give you the option to opt for add-on covers.
You can opt for mainly two types of car insurance plans for Jeep Compass: Third-Party car insurance and Comprehensive car insurance. Below are the coverage details of third-party and comprehensive car insurance plans.
Purchasing at least a third-party car insurance policy is mandatory to adhere to the rules and regulations of the Motor Vehicles Act. A third-party car insurance policy provides coverage against damage to third-party property and life. A third-party liability policy does not offer an Own Damage cover.
Comprehensive Car Insurance policy proved extensive coverage which includes third-party and Own Damage cover. Apart from third-party damage, the insurance plan also covers damages to your vehicle and injury/accidental death of the owner/driver. The Comprehensive Insurance plan also provides coverage against theft and total loss of the insured vehicle. The Comprehensive Car Insurance Plan also gives the option of expanding the coverage benefits through add-on covers.
Jeep Compass Comprehensive Car Insurance will provide coverage against the following circumstances:
Loss/Damage to third-party property or life.
Loss/Damage to the vehicle due to an accident.
Loss/Damage to the vehicle due to fire or explosion.
Loss/Damage to the vehicle due to man-made disasters such as vandalism, etc.
Loss/Damage to the vehicle due to natural disasters such as cyclones, floods, earthquakes, etc.
Theft and total loss of the insured vehicle.
Jeep Compass car insurance will not provide coverage against the following circumstances:
Loss/Damage to the vehicle due to improper handling.
Loss/Damage to the vehicle due to mechanical/electrical failure.
Loss/Damage to the vehicle due to wear and tear.
Loss/Damage to the vehicle when driving without a valid driving licence.
Loss/Damage to the vehicle when driving under the influence of alcohol/intoxicating substances.
Any add-ons which are not purchased.
Jeep Compass Comprehensive Car Insurance allows you to purchase add-ons. Below are the available add-ons for Jeep Compass car insurance:
Zero Depreciation Cover
Key Protect Cover
ACKO car insurance gives you a host of benefits. Here are the advantages of purchasing Jeep Compass car insurance from ACKO.
ACKO offers a paperless experience while purchasing a car insurance policy. You can complete the entire process of buying car insurance online. With no paperwork, buying insurance is even simpler.
At ACKO, you can register for a car insurance claim online, and it takes only a few minutes. In case of minor damages, the claims will be settled instantly. For major damages, the claims will be settled in a few hours after the assessment of the damaged vehicle.
Whether it is about car insurance purchase or renewal, ACKO’s team of car insurance experts will guide you in making the right choice. With unbiased advice on car insurance plans, you can opt for the right insurance plan and car insurance add-ons for your Jeep Compass SUV.
ACKO provides different insurance plans, based on the ideal value (IDV) of your vehicle. You can compare Car Insurance Plans and Add-ons before making the purchase decision.
Registering a car insurance claim at ACKO is simple. Follow the below steps to register a car insurance claim:
Step 1. Log on to the website www.acko.com or download the smartphone app.
Step 2. Log in to your ACKO account.
Step 3. Select the Car Insurance option from the main products menu.
Step 4. Next, select the Car Claims option from the Claim menu.
Step 5. Fill in details about the damage and upload the pictures of the damaged vehicle.
Step 6. Claims will be settled instantly for minor damages.
Step 7. In case of major damages, ACKO will pick up* the vehicle from your location for repairs.
Step 8. The repaired vehicle will be dropped off* at your doorstep (Within3 days).
*Service available in select cities.
Below are some of the most commonly asked questions about Jeep Compass car insurance.
Yes. You can renew Jeep Compass insurance online. Log on to the insurer’s website to know more about the renewal procedure. Online car insurance renewal takes only a few minutes.
You can consider buying add-ons such as Engine Protection Cover, Passenger Cover, NCB Cover, Depreciation Cost Cover, Roadside Assistance Cover and Consumables Cover for Jeep Compass car insurance.
For online car insurance renewal, you need not submit the hard copies of the document. But for offline, renewal, you will need the following documents: >Insurance policy certificate >Vehicle registration certificate >Identity proof
For online car insurance claims, you need not require hard copies of the documents. You can upload the soft copies online via the insurer’s website/app. But for offline claims, you need to submit the following documents: >Claim form >Relevant proof/Original receipts >Insurance policy certificate >Vehicle registration certificate >Driving Licence >First Information Report (If applicable)
Yes. The Jeep Compass SUV is available in petrol variant.
Yes, Jeep Compass delivers a decent mileage, both on highways and city. The petrol model has a mileage of 14.30kmpl while the diesel model delivers a mileage of 18kmpl.
Claim settlement ratio of an insurance company depends on how efficient and smooth the claim procedure is. Claim Settlement Ratio (CSR) is nothing but the ratio between the settled claims and the received claims in a year.