Maruti Versa Car Insurance

How to Buy

When buying four-wheeler insurance for a used car, you may need to get your vehicle inspected.

• Step 1: Download our mobile app or scroll up to the top of the page to purchase Versa car insurance online.

• Step 2: Fill out your car’s registration number and click on Get Price.

• Step 3: Enter the details of the car and owner as requested.

• Step4: Explore our car insurance plans to find out your Maruti Versa insurance premium.

• Step 5: Make an online payment to get instant policy issuance.

Important Tip!

If you have recently bought a used Maruti Versa, make sure to transfer the insurance to your name within 14 days or get a new, affordable plan from TATA AIG.

How to Renew

• Step 1: Scroll to the top of the page or download our mobile app.

• Step 2: Fill in your policy number or vehicle registration number.

• Step 3: Check Versa insurance price for the plan of your choice.

• Step 4: Add or upgrade your car insurance cover if required.

• Step 5: Pay and download your Versa car insurance renewal policy.

Please Note:

TATA AIG provides a 90-day grace period from the expiry of your Versa car insurance policy. Renewal of a lapsed policy may require inspection before policy issuance.

Get Affordable Maruti Versa Insurance Plans with TATA AIG

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Third-Party Coverage is a Legal Requirement

Third-party motor insurance is mandatory for every car driven on Indian roads. Driving without valid insurance can lead to a fine of ₹2,000 for the first offence and ₹4,000 for a subsequent offence along with possible imprisonment of up to three months.

Moreover, if your uninsured Maruti Versa hits a pedestrian, another car, a motorcycle, a parked vehicle or roadside property, you may also have to pay the compensation yourself. A Maruti Versa third-party insurance can save you from these legal and financial liabilities.

No-Surprise Repair Bills

A Maruti Versa was built for practical family use and is commonly used for family trips and local travel. But with an older, discontinued model, a parking dent, scrape or minor accident can quickly turn into an unplanned repair expense. Getting the right parts can also be more difficult than with newer Maruti models.

With Maruti Versa car insurance, you can get your eligible accidental damages covered. It can also help avoid paying the full repair bill from your own pocket and can be especially helpful in case of high repair costs.

Access Authorised Maruti Service Centres in Our Network

Maruti has over 6,000 service touchpoints across 3,000+ cities and towns in India. Many of these authorised Maruti service centres are also a part of TATA AIG’s network of 6,300+ cashless network garages, making it easier to access trusted repairs in your area.

With access to dedicated claim handlers and cashless repairs with your Maruti Versa insurance, you can get your car repaired with less paperwork and no upfront costs.

Covers Fire and Natural and Man-Made Disasters

Not every risk to your Maruti Versa comes from driving it, and you cannot control everything that happens to your car. However, you can control the measures you take to protect it from natural and man-made disasters. Heavy rain and flooding can damage the engine, while strong winds or cyclones can send branches and other debris onto your car and crack the windshield or damage the body.

With a Versa four-wheeler insurance plan, you can cover damage from natural disasters such as flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, etc.1 It also covers man-made acts such as vandalism, riots, strikes, or terrorist activities.

Covers Theft and Total Loss

Car theft is not unheard of, and your Maruti Versa can also be a victim of it. Even with all the safety measures, it can still be stolen and theft or damage beyond repair can disrupt your family’s commute.

If you buy Maruti Versa insurance from TATA AIG, we cover losses due to burglary, housebreaking or theft,3 where the car cannot be recovered. The same applies for total loss claims, where eligible damages result in repair costs exceeding 75% of your car’s IDV.

When you compare car insurance plans for a discontinued model like the Maruti Versa, it is important to consider factors like the car’s condition, age, usage and the location where you would mostly use it. With TATA AIG, you get three main four-wheeler insurance options, including comprehensive, third-party and standalone own-damage car insurance plans.

Car Insurance Policy Types We Offer

Comprehensive Car Insurance - Best Overall Fit

This is the best option if you want overall protection for your Maruti Versa. It not only protects your own car but also protects you against liabilities toward third-party damage.

Key Highlights:

• Helps you meet the mandatory third-party insurance requirement while also covering your Versa against damages like accidents, theft, fire, natural calamities, etc.

• Can prove to be helpful for discontinued models like the Versa, where replacement of spare parts can be quite expensive and difficult to find.

Buy Comprehensive Car Insurance

Third-Party Car Insurance - Best for Low-Value/Older Maruti Versa

Third-party car insurance is a mandatory legal requirement for every car on Indian roads, including your Maruti Versa. It covers your legal liabilities for damage or injury caused to third parties, but not to your Versa.

Key Highlights:

• Cost-effective insurance option for older cars with a low IDV.

• Helps you stay legally compliant with insurance needs.

Buy Third-Party Car Insurance

Standalone Own-Damage Car Insurance - Useful in Specific Situations

This is an alternative choice for Maruti Versa insurance if you need own-damage coverage for your car. However, you must have an existing third–party insurance in place to be eligible for this plan.

Key Highlights:

• Only covers your car without any coverage for third-party liability.

• A suitable choice for vehicle owners who have an existing third-party coverage and are seeking wider protection.

Buy One-Damage Car Insurance

Which Maruti Versa Insurance Policy Do I Buy?

6300+ Cashless Garages

Authorised Maruti service centres included

750+ Claims Experts

With dedicated claims assistance

No IDV Negotiations

Fewer deductions and faster claims

Pick-up & Drop-off Service

For Doorstep Cashless Repairs

No Unnecessary Deductions!

On partial losses

24/7 Customer Support

Call-back within 2-3 minutes & regional language support

What is Covered?

Maruti Versa is a discontinued car model. So your four-wheeler car insurance coverage will depend on the condition of your car, the policy terms and the declared IDV. Here is a breakdown of everything that your Versa insurance covers.

What is Not Covered?

• Normal Wear and Tear: Regular ageing, depreciation, servicing costs, maintenance and wear and tear of parts are not covered under car insurance.

• Accessories & Modifications After Purchase: Factory-fitted equipment is generally covered as part of the vehicle. If you add an aftermarket CNG/LPG kit or other modifications after purchase, you must declare them to the insurer.

• Mechanical or Electrical Breakdown: Damage caused by a mechanical or electrical failure, component fault or breakdown is not covered.

• Consequential Loss: Damage that happens because you continue driving after an accident or warning. For example, engine damage due to waterlogging.

• War and War-Like Events: Loss or damage caused by war, invasion, mutiny, rebellion or similar events is not covered.

• Loss or Damage Outside India: Your Maruti Versa insurance policy covers the vehicle within India. Damage or loss outside India is not covered unless specifically permitted.

For the Maruti Versa, most standard car insurance add-ons may not be available today. Since the model was discontinued around 2009, its age can make it ineligible for several add-on covers that insurers usually offer only for newer vehicles.

That does not mean your Maruti Versa gets anything less than the best car insurance. A comprehensive policy can still cover major risks such as accidents, theft, fire, floods, storms and total loss without relying on add-ons.

For an older Versa, the more important decision is therefore choosing the right base cover and setting a suitable Insured Declared Value (IDV). It can be tempting to choose a lower IDV to reduce your Maruti Versa insurance premium, but this can also reduce the amount you receive if the car is stolen or declared a total loss.

For older or discontinued cars, the IDV is decided based on an agreement between you and the insurer.9 So, choose an IDV that reasonably reflects your Versa’s current condition and value rather than focusing only on getting the lowest premium.

Choose an insurance that is as old and trusted as your Maruti Versa

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Cashless Claim

• Register the Claim: As soon as you are safe, reach out to the TATA AIG team to register your claim. You can:

• Call our helpline: 022-6489-8282

• Email us at: general.claims@tataaig.com

• WhatsApp us: 9136160375

Additionally, you can register the claim through our website and mobile app or visit our nearest branch office. A dedicated claim handler will be assigned to assist you. Photos and videos of the location and accident will help support your claim.

• Visit a Network Garage: The 6300+ network garages of TATA AIG also include authorised Maruti Suzuki workshops. Use our network garage locator to find your nearest workshop to be eligible for cashless Versa repair.

• Complete the Inspection: TATA AIG will appoint a surveyor or arrange a guided video inspection to assess the damage to your Maruti Versa. You must wait for TATA AIG’s approval before initiating the repair process for a smooth claim settlement.

• Get the Repairs Done: The garage will carry out the repairs after receiving the approval. If any additional damage is discovered during the process, it will send an updated repair bill to TATA AIG for reassessment and approval.

• Final Settlement: Once the repairs are completed, TATA AIG will directly settle your bill at the garage. You may still need to pay for deductibles, depreciation and any other damage that was not covered in your policy.

Reimbursement Claim

• Register Your Claim: Before starting any repair work, inform TATA AIG about the accident and register your claim. We will immediately assign a dedicated claim handler to assist you. You can inform us by:

• Calling our helpline : 022-6489-8282

• Sending an email to : general.claims@tataaig.com

• WhatsApp : 9136160375

You can also register the claim through our website and mobile app or visit our nearest branch office.

• Surveyor Inspection: Wait for TATA AIG to appoint a surveyor or conduct a digital inspection to assess your damages. Please do not start the repair process before receiving the survey/approval.

• Start the Repair: Take your Maruti Versa to any non-network garage of your choice and get a detailed repair estimate. Pay the bills post-repair and keep all the original receipts with you safely.

• Submit the Documents: Send all the original bills and invoices to TATA AIG for approval. Missing documents can delay approval, so make sure to include all the documents.

• Claim Settlement: TATA AIG will settle your car insurance claim within 7 days of receiving all the documents through NEFT. The reimbursed amount may be lower than your bill because of deductibles, depreciation and other ineligible damages to your Versa.

You will be notified of which documents to submit when you register your claim. If we need additional documents, we will inform you through your registered mobile number, email address, or by post.

• Duly filled and signed claim form

• Copy of your car insurance policy

• Copy of your Versa registration certificate

• Copy of your driving license

• Original vehicle keys for theft claim

• Self-inspection photos and videos of the damage

• Garage repair estimate

• Copy of FIR/Police report if needed

• Identity and address proof

• Original repair bills and payment receipts

• No Trace Report for theft claims. The police issue it once the investigation closes without recovering the car, and TATA AIG needs it before settling the claim as a total loss.

• RTO Forms 28, 29 and 30, for theft and total loss claims only. Once the claim is settled, ownership of the car or its salvage passes to TATA AIG, and these transfer forms complete that handover. Not required for repair claims.

• Financier NOC, for theft and total loss claims where the car is under an active loan or hypothecation. The settlement goes to the financier first, so the lender's consent is needed before release.

• Medical bills or documents for applicable personal-accident or third-party injury claims