Kia Car Insurance

Korea’s oldest motor vehicle manufacturer Kia Motors set foot in India in 2017. The carmaker’s first manufacturing plant in India at Andhra Pradesh is capable of producing nearly 300,000 units per year. In 2019, the company launched its first vehicle in India, Kia Seltos. Read on to learn about Kia insurance, how to buy and renew online, the claim procedure and answers to some of the frequently asked questions.

Insurance for an automobile is the mandatory Third-party car insurance or optional Comprehensive cover. The latter offers benefits with the following coverage:

• Damages to the insured vehicle.

• Personal Accident cover for the policyholder or the owner-driver.

• Damages or losses to the third-party property or life.

• Coverage against theft.

• Damages or losses due to man-made calamities such as riots, vandalism, etc.

• Damages or losses due to natural calamities such as floods, earthquakes, storms, etc.

• Damages or losses due to fire, explosions, etc.

All types of insurances have their limitations or exclusions. So does the auto insurance for your Kia vehicle. Below are the exclusions of Kia insurance:

• Regular wear and tear of car parts caused over the years.

• Damages or losses while driving the insured vehicle without a valid driving licence.

• Found driving the insured car in an intoxicated state.

• Mechanical or electrical breakdown.

• Damages or losses caused while driving outside the specified geographical limits.

Digital insurance companies such as Acko are transforming the insurance industry with its innovative technology which is aimed at providing an excellent experience to customers. Below are the benefits of Acko car insurance for your Kia:

Whether to buy, renew or to even register a claim, the entire process is online by raising a request on the website or the smartphone app.

The entire process is online and hence is much quicker that the traditional method of paperwork.

Throughout the policy period, get expert advice on buying, renewing and settling claims from trained professionals.

Car insurances are mainly segregated by two types, they are:

This type of car insurance covers third party life and property; however, it does not cover damages to the insured car.

Under this type of car insurance, both third party and the insured vehicle are covered along with the option to choose Add-on covers.

The mandatory Third-party insurance policy covers the liabilities of a third party, while the Comprehensive insurance covers the liabilities of the third party as well as Own Damage (OD). The following Add-on covers for your Kia car insurance offer an added coverage for your vehicle:

• Zero Depreciation:

  Without factoring the element of depreciation on the value of the car, the insurance provider pays the claim amount.

• Engine Protection Cover:

  Extra shield to protect your engine in case of leakage of oil or physical damage to your gearbox or due to water ingression to your engine.

• Invoice Protection/Return to Invoice: 

  In case of a total loss due to fire or if the insured vehicle is stolen, you claim up to the ex-showroom price of your vehicle.

• NCB (No Claim Bonus) Protection: 

  Protect your NCB even if you register a claim during the policy period without forgoing the discount.

• Consumables Cover:

  Provides coverage of the cost of consumables which is not available with the basic insurance plan.

• Accessories Cover:

  High-value accessories such as a high-end stereo system, instrument console, or reverse camera are covered.

• Roadside Assistance:

  It provides immediate assistance in case of a mishap or a breakdown of your car along with emergency towing, flat tyre service, emergency fuel, repair on the spot, etc.

The claim procedure through new-age digital insurance companies has become efficient and hassle-free. Below are the steps to register claim from your Kia car insurance policy:

• Step 1: 

  Call the insurance company and inform them about the same.

• Step 2:

  Ensure you register the claim.

• Step 3:

  File an FIR (if required) at the nearest police station.

• Step 4:

  Upon raising the claim, the insurer will assign a surveyor to inspect the damage and assess the cost.

• Step 5:

  If the insurance policy offers cashless claims, the insurance company will settle the bill and you do not have to pay from your pocket.

• Step 6:

  in the case of a non-cashless claim, you have to submit the bills and receive reimbursement for the same.

Below is the car insurance for Kia models in India:

• Kia Sonet Insurance

• Kia Seltos Insurance

• Kia Carnival Insurance

• Kia Stinger Insurance

Below are answers to some of the frequently asked questions about car insurance in India:

Where can I buy Kia car insurance?

The traditional or the conventional method of buying car insurance for your Kia vehicle will require you to fill the required paperwork, approach the branch or the agent to buy Kia car insurance. However, this is not required in the case of new-age digital insurance companies such as Acko. They strive to provide paperless, hassle-free and technology-driven transactions. From the initial step of buying car insurance, renewal of the policy to the servicing of claims, everything is online. Simply visit the insurer’s website or their smartphone app to buy car insurance online.

Is the cost to buy Kia insurance expensive?

The cost of car insurance or the premium depends on the model, variant, year of manufacture, the location of the vehicle, fuel type, etc. Hence, the variant or the cost of the vehicle determines the car insurance premium for Kia cars. However, insurance costs are lower when opted through digital insurance companies. This is because they have removed the aspect of middlemen or insurance agents which has led to a reduction in operation costs, which is passed on to the customer. Online car insurance is transforming the way insurance is offered by an insurer.

How long does it take to renew a Kia car insurance?

Instantly. Yes, this is possible through digital insurance providers who have moved the complete process of car insurance renewal online. Simply visit the company’s website or download their mobile app to renew the policy instantly and receive the policy to your registered email address.

What are the mandatory documents required to insure my Kia car?

Below is the list of mandatory documents required while insuring your Kia car: >Registration certificate of the vehicle. >ID and Address proof of the policyholder. >Pollution Under Control (PUC) Certificate. >Previous policy details in case switching to a new insurance company.

How to reduce the insurance cost for Kia cars?

While the insurance cost for all vehicles is determined by the value of the car, the model, the year of manufacture, the variant, and the location of the vehicle, you can still reduce the cost of the insurance. This is possible if you are a member of the Western India Automobile Association (WIAA) or the Automobile Association of India (AAI). Furthermore, you can install anti-theft devices on your car as this is taken into consideration when the insurance company fixes the premium for the vehicle.

What are the factors which influence the Kia car insurance premium?

Typically, the Comprehensive car insurance for your Kia will include coverage towards losses or damages to the third party life or property as well as to the insured Kia car. The premium under the Comprehensive car insurance is calculated based on the model of the car, year of manufacture, the type of variant, any voluntary deductibles, discounts (if any), the number of Add-on covers and No Claim Bonus (if applicable).

Which add-on covers are best for Kia cars?

Add-on covers can be bought if you want to insure your car with the Comprehensive insurance. They provide extra coverage, which the basic policy does not cover such as engine damages, depreciation cover, etc. You can choose from a various add-on covers mentioned-above which suits your requirement since these cater to a specific need.

My Kia car insurance has expired. Is an inspection required by the insurer to renew the policy?

When the car insurance policy has lapsed or expired, then the insurance provider will send a surveyor to inspect and assess your vehicle for any possible damages after the policy expired as they will not be covered. It is important to renew the policy with its due date to avoid penalties and avoid financial burden in case of an accident to the insured vehicle. Insurance companies usually provide 30 days of grace period when you need to renew the policy. However, during the grace period, the policy is not active. You can still renew the policy after the grace period, but you may have to pay the required charges as prescribed by the insurer.

Can I renew my Kia car insurance with a new insurance company?

Yes, you can switch to a new insurance company while renewing the policy. Visit the new insurer’s website or mobile app, provide the details of your vehicle such as registration number, year of manufacture, the variant, location of the vehicle and the details of the existing policy. Upon providing the details, the new insurance will provide a quote for the same. If you are able to get wide coverage at a competitive price, then you should switch to the new insurance company after performing a background check of the insurer.

Should I buy the car insurance for my Kia from the car dealer?

Typically, the car dealer will assist you in getting the car insurance for your Kia; however, this is not mandatory and you can buy the car insurance yourself. You can approach digital insurers who are offering a wide range of coverage at a lower premium with a hassle-free experience.

The origin of Kia dates back to the 1940s when the Korean company began its foray into the automotive industry. While Kia was initially known for introducing Korea’s first bicycle, the company later forayed into light commercial vehicles. It was in the 19070s that Kia entered the passenger segment with the introduction of the Kia Brisa. From then on the company has steadily increased its market share with other types of passenger cars such as SUVs, sedans and hatchbacks.

One of its earlier accomplishments in the automotive industry was its Kia Sportage SUV, which completed the Paris-Dakar Rally in 1993. Kia established itself as a serious automotive company not just in Korea but across the globe. The company claims to have sold more than 50 million vehicles as exports. In 1998, Kia and Hyundai merged and the company became part of the Hyundai-Kia Automotive Group.

For a brand which has established across the world, their cars do require Kia motor insurance to protect against losses or damages to the insured vehicle. Furthermore, car insurance company should offer excellent service especially during the process of buying, renewing and settlement of claims. Car insurance for Kia cars should offer wider coverage at a competitive price or premium. While the mandatory Third-party car insurance covers third party life or property, Comprehensive car insurance offers to cover both third party and the insured vehicle in case of losses or damages.

Cars designed and manufactured by Kia Motors are known for their muscular design and sturdiness. The company is known for its engineering capabilities and has won several Red Dot design awards and won several accolades in several countries. The company has sold over 50 million vehicles outside its home country. Apart from its sturdy and stylish design, Kia cars are loaded with new features and additional safety features which are accessible for buyers in countries like India. Recent launches such as the Kia Seltos, Kia Carnival and the Kia Sonet has established themselves in the respective passenger segment as serious contenders for winners.

• Kia Signature Front Grille

• LED DRLs

• LED lighting

• Stylish alloy wheels

• Signature Kia badging on the grille

• Premium colour options

• Fog lamps

• Sunroof

• Flat-bottom three-spoke steering wheel

• Premium leather upholstery

• Hi-tech touchscreen infotainment system with Android Auto and Apple CarPlay

• Cruise control

• Auto climate control

• Electric power steering

• Cruise control and audio control on steering wheel

• Bose premium sound system

• Smart air purifier

• Digital driver information display

• Spacious cargo space

Kia Motors has launched vehicles in different segments, which cater to SUVs, sub-compact SUVs and the Compact SUVs. Below is the Kia car price for different models being sold in India:

*Prices are indicative and subject to change.

Kia Motors has launched a vehicle in the sub-compact SUV, compact SUV and the MPV segments in the country. The company is optimistic about the India automotive market and is expected to cater to different segments. While the company has not revealed details of the upcoming Kia cars in India, the company is positive about the market and is expected to launch vehicles in various segments in the upcoming future.

Motor insurance for your Kia vehicle is of utmost importance since it acts as a shield against possible losses or damages to the third party as well as the insured vehicle. Besides, the cost of replacing damaged parts can sometimes be expensive. To ensure your vehicle is covered and coverage for third parties, it is possible through Comprehensive car insurance compared to Third-party car insurance. Below are the main benefits of Comprehensive insurance for your Kia cars:

• Coverage for third party life and property.

• Coverage for the insured vehicle in case of damages.

• Personal accident cover for owner-driver.

• In case of theft or total loss to the insured vehicle, get the sum insured amount.

• Coverage against man-made calamities such as riots, vandalism,etc.

• Coverage against natural calamities such as floods, storms, earthquakes, etc.

• Coverage against damages or losses due to fire.