Lexus Car Insurance

Lexus is a car brand that is synonymous with luxury and style. The brand has been offering spectacular models for three decades. Lexus has its roots in Japan and caters to car enthusiasts’ needs all over the globe. Lexus cars can be seen zooming on the roads of 70 countries. Just like any important asset you need to insure your Lexus for peace of mind. Lexus car insurance is available in India and can be purchased online.

Considering you are purchasing a Comprehensive Plan for your Lexus, here’s what you can expect to be covered by the car insurance policy.

Considering you are purchasing a Comprehensive Plan for your Lexus, here’s what is usually not covered by the car insurance policy.

Listed below are suitable car insurance add-ons for your Lexus that can be purchased with a Comprehensive Cover. Note that Add-ons need to be purchased based on suitability, which can be gauged after analysing one’s driving habits, the location where the car is parked and usually driven around, and other insurance requirements.

A Lexus’ engine is expensive to repair and an Engine Protection Add-on will provide the much-needed engine cover.

If the insured car is damaged beyond repair or stolen, the insurer will pay the invoice value of the car, which in case of a Lexus can certainly be beneficial. 

If your car breaks down mid-journey? Don’t stress. Call your insurer. Help will be on its way. This is the benefit of a Roadside Assistance Add-on. 

A car insurance claim is settled after factoring in depreciation. With a Zero Depreciation add-on, this will be skipped. 

Apart from the ones mentioned above, here are some other add-on options.

The claim procedure will vary depending upon your insurance company. If the insurer is tech-savvy, much of the process will be automated requiring minimal or no paperwork. If the insurer follows the traditional process, you will be required to fill forms and submit documents for claim application and settlement. Here’s a generic process followed by insurance companies in India to settle car insurance claims.

Step 1: You are required to initiate a claim by contacting the insurer. Nowadays, there are multiple contact points available. 

Step 2: The insurance company will go through your claim application. If it all adds up, the company will let you know the next steps based on the extent of the damage.

Step 3: If it’s minor damage, the company might offer instant settlement. If they do not support such a measure and if the damage is a major one, they will allocate an officer to inspect the damages.

Step 4: Assuming the inspecting officer checks the damages and authenticates them, the damage can be repaired in a Cashless manner or via the reimbursement model.