Tata Indica V2 Car Insurance

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Your Tata Indica V2 deserves more than just regular maintenance; it needs the proper protection on the road. Car insurance acts as a financial shield, covering you against unexpected mishaps, third-party liabilities, and repair costs. Whether you are renewing your existing policy or exploring better options, knowing the details of Tata Indica V2 car insurance can help you secure the most suitable plan. 
Let us walk through everything you need to know before making your choice.

Benefits of Tata Indica V2 Car Insurance

Following is a list of some benefits of a Tata Indica V2 comprehensive car insurance policy:
 

  • Legal Compliance-A third-party insurance cover for your Tata Indica V2 is mandatory under Indian law. Having this coverage ensures you meet legal requirements and can drive your car on the roads without the risk of penalties or fines.
  • Financial Stability-Car insurance can protect you from the high repair and replacement costs of car parts in case of accidents. This helps to stabilise your expenses.
  • Third-Party Cover-A car insurance for your Indica V2 will financially protect you against damages caused to third-party people or their property. This also helps to maintain your legal compliance.
  • Price Flexibility-A comprehensive car insurance policy for your Indica V2 is available with flexible pricing options. You can regulate your IDV (Insured Declared Value) to get the best coverage within your budget.
  • Customisability-Enhance your Tata Indica V2 insurance by selecting from a range of add-ons that allow you to tailor the policy to your specific needs.
  • Peace of Mind-With comprehensive coverage against accidents, damages, and unexpected risks, car insurance provides you with complete confidence and security while driving.
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Types of Car Insurance for Tata Indica V2

The Tata Indica V2 car insurance comes with two primary insurance policies. Here is a detailed description of them.
 

Third-party Cover

A third-party insurance is the minimum coverage you need to drive your car legally in India. It covers you against injuries or damages caused to third-party people or their belongings by your vehicle and protects you against third-party liabilities.
 

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Comprehensive Cover

A comprehensive Tata Indica V2 car insurance covers third-party liabilities and compensates for damages to your vehicle as well. It comes with customisable coverage options and flexible prices, allowing you to choose the best insurance that fits your budget.
 

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Comprehensive Car Insurance Plan Vs Third-party Car Insurance Plan 

FeaturesThird-party Cover Comprehensive Cover
   
Legal RequirementHaving a third-party cover in your car insurance is mandatory under the Motor Vehicles Act of 1988.The own-damage cover in the comprehensive policy is not mandatory by law.
CoverageCovers third-party losses caused by your car in case of an accident.Covers third-party liabilities and damages to your vehicle as well.
Add-onsAdd-ons do not apply to this insurance plan.You can buy add-ons to enhance your insurance plan.
No Claim BonusDiscounts under NCB do not apply to this plan.You can avail up to 50% discount on premiums with NCB.
CustomisabilityIRDAI fixes the third-party coverage and price, and hence, it is non-customisable.Comprehensive plans have customisable coverage options with flexible prices.
Insurance costThe price is comparatively low.The price is comparatively high due to a greater coverage.

Inclusions/Exclusions in Tata Indica V2 Car Insurance

Inclusions in Tata Indica V2 Car Insurance

  • Coverage for injuries to third-party individuals or damages to third-party property.
  • Accidental damage to your Tata Indica V2.
  • Protection against theft, natural calamities, and man-made disasters.
  • Coverage for injuries, disability, or death of the policyholder in a car accident.
  • Compensation for damages caused by fire or explosion.
     
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Exclusions in Tata Indica V2 Car Insurance

  • Damages caused by breaking traffic rules or engaging in rash driving.
  • Regular wear and tear from depreciation.
  • Driving under the influence of alcohol or drugs.
  • Losses due to mechanical or electrical breakdowns.
     
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Add-ons for Tata Indica V2 Car Insurance

Add-ons are optional coverage options you can purchase to enhance your Tata Indica V2 car insurance. Here are some popular choices to consider.
 

Zero-Depreciation Cover

This add-on pauses the reduction in IDV due to depreciation. Zero dep cover helps to maximise your claim amount.
 

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NCB Protection

This add-on allows you to make one claim without breaking your NCB accumulation streak, ensuring constant discounts.
 

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Engine Cover

This add-on covers your car’s engine in your insurance policy. You can receive compensation in case of damage to your engine due to oil leakage or water ingress.
 

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Roadside Assistance

This add-on provides immediate assistance if your car breaks down on the road. Services included in this add-on are emergency towing, fuel fill, minor repairs, and other related services.
 

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Tata Indica V2 Insurance Price

The cost of insuring your Tata Indica V2 depends on several factors, including the car, location, and your driving history. Understanding these can help you estimate and manage premium costs effectively.
 

  • Car’s Age: As your Tata Indica V2 gets older, its Insured Declared Value (IDV) reduces due to depreciation. A lower IDV generally results in a lower insurance premium.
  • RTO Location: Your insurance price varies by region. Policies tend to be more expensive in metro cities or accident-prone zones due to higher risks of accidents or theft.
  • Claim History: Frequent or multiple claims can increase your risk profile, potentially leading to higher renewal premiums. Maintaining a claim-free record may earn you a No Claim Bonus (NCB).
  • Driving Records: A history of traffic violations or frequent accident claims may negatively impact your driving profile, resulting in higher insurance costs at renewal.

Benefits of Buying ACKO Car Insurance for Tata Indica V2

ACKO’s well-optimised digital interface makes vehicle insurance simple for its users. Here is how ACKO can enhance your insurance journey.
 

Buy, Renew, and File Claims Online

You can do all kinds of operations, including making claims, through the ACKO app or the ACKO car insurance website within minutes.
 

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Instant Claim Settlement

ACKO settles your minor claims instantly and reimburses you the claim amount within 2 hours, with minimal paperwork required. Moreover, our team will guide you through the steps ahead for major claims.
 

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Seasonal Discounts and Offers

ACKO offers discounts on seasonal and festive days. Renewing your Tata Indica V2 car insurance now can help you secure better coverage within your budget.
 

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Professional Guidance

Insurance experts at ACKO will assess your potential risks and help you select the best insurance plan within your budget.
 

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How to Buy Tata Indica V2 Car Insurance From ACKO?

Purchasing or renewing your Tata Indica V2 car insurance is simple with ACKO. Here is how you can do it through the ACKO app or website.
 

Step 1: Visit the ACKO car insurance website or open the ACKO app.
Step 2: Enter your Indica V2 car registration number in the white box and click on “View Offer Price”.
Step 3: Share and verify the requested details, including additional information about the previous insurer.
Step 4: Select your coverage type, add necessary add-ons, and pay online.
Step 5: With successful payment, you will receive your Tata Indica V2 car insurance documents via email.

Documents Required for Tata Indica V2 Car Insurance

Here are the documents that you must have readily available while renewing your Tata Indica V2 car insurance online.

  • Aadhaar Card
  • Pan Card
  • Driving License (DL)
  • Vehicle Registration Certificate (RC)
  • Make, Model, and other vehicle details as required.
  • NCB Details
  • Previous insurance documents, etc.
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Claim Procedure for Tata Indica V2 Car Insurance

Making a Tata Indica V2 car insurance claim is simple with ACKO. Here are the steps to make an ACKO car insurance claim.
 

Step 1: Open the ACKO app or visit the ACKO car insurance website and log in to your profile with your registered mobile number.
Step 2: You will see all insurance policies registered to your number.
Step 3: Select the Tata Indica V2 car insurance and click on “Claim Now”.
Step 4: Upload multiple pictures of your damaged vehicle, provide the necessary information as required and click on “Submit”.
Step 5: ACKO will settle your minor claims instantly on the same day, and our team will guide you through the steps in case of major claims.
 

Tata Indica V2 Overview

The Tata Indica V2 is a 5-seater hatchback available in 4 variants with manual transmission. It comes with 1193 cc - 1405 cc engine options, generating a power of 52.8 - 69 bhp.
The car entered the Indian market in 2001 and remained in business until 2013, when Tata discontinued it. However, you can still buy a Tata Indica V2 in the second-hand car market at a price ranging from ₹3.29 Lakh to 5.11 Lakh*

*The price may vary as per the seller.

Tata Indica V2 Rivals

  • Maruti Zen
  • Hyundai Santro Xing
  • Maruti Suzuki Alto
  • Fiat Palio Stile
  • Hyundai Getz Prime
  • Maruti Wagon R 

Frequently Asked Questions

Yes, a second-hand Tata Indica V2 can be insured. The premium varies based on the age of the car, its condition, change of ownership, and Insured Declared Value (IDV). Valid insurance also ensures hassle-free transfer of ownership and compliance with legal requirements.
 

Yes. At the time of resale of the vehicle, the insurance policy can be transferred to the new buyer. You need to notify the insurer, present the necessary documents for transferring ownership, and update the information to ensure the process is legal.
 

Yes, car accessories such as music systems, CNG kits, or other installed devices can be covered by paying an add-on premium. These are not included in the basic policy, and an additional premium is required for them.
 

Yes, old cars can be insured, although the insurance may be limited to third-party coverage only. Comprehensive cover might also be possible, but the premium is subject to the condition and market price of the car.
 

Online renewal is fast and typically takes only minutes. By entering vehicle and policy information, selecting coverage, and paying, your new insurance documents are emailed to you immediately.
 

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Written by Saumya Srivastava

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Reviewed by Lokesh Shetty Author info Icon

A professional writer who loves delivering content that resonates, educates, and keeps readers engaged, making the often complex world of insurance more approachable and enjoyable. Beyond the pen, she is a passionate foodie at heart who believes in savoring life’s flavors in all aspects, whether it's a new dish or a well-crafted sentence.

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