Skoda Octavia Insurance

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Skoda Octavia Insurance

Skoda Octavia is a popular mid-size sedan in India that has been appreciated for its premium features, spacious interiors, and elegant design. The side profile is simple, long, and flowing, with a gently sloping roofline and a bold character line running through the doors. It has a fully digital instrument cluster, a panoramic sunroof, ambient lighting, dual-zone automatic climate control, and ventilated front seats. The car offers a smooth and refined driving experience, and the engines are responsive and punchy.

However, while exploring the different features, it is equally important to be aware of the increasing number of road accidents and know how car insurance has become a vital aspect of responsible driving. In India, the three basic types of motor insurance policies are third-party liability, comprehensive, and stand-alone own-damage policies.

Third-party liability car insurance is mandatory by law and covers damages or injuries caused to a third party due to an accident involving the insured car. It also covers legal liabilities. Comprehensive insurance covers damages to the insured car due to accidents, theft, natural disasters, and other incidents. It also covers third-party liabilities. Finally, stand-alone own-damage policies cover damages to the insured car due to accidents, theft, natural disasters, and other incidents. However, it does not cover third-party liabilities.

At Tata AIG, we offer comprehensive, stand-alone own-damage and third-party car insurance policies online with customisable features to help you determine the level of protection and coverage that is best suited for your vehicle.

Skoda Octavia Car Insurance Renewal/Buy via Tata AIG

Purchasing or renewing your Skoda Octavia can be easily accomplished by visiting the Tata AIG website. The process is simple and can be completed with just a few steps. Alternatively, you can visit a nearby Tata AIG office to purchase or renew your car insurance. However, if you book the Skoda Octavia insurance online, you can save time and enjoy more convenience.

Listed below are the steps for Skoda Octavia insurance renewal or purchase.

  • To purchase new car insurance for your Skoda Octavia, visit the Tata AIG car insurance webpage, enter the registration number of your vehicle, and click on the "Get Price" button to view the insurance cost for the policy. If you want to renew your existing Skoda Octavia insurance, select the "Renew" button to get a quote.

  • A form will appear on the screen where you must input relevant information about your car to receive an insurance quote. Be sure to accurately fill in the details and select any desired add-ons to obtain the best car insurance quote for your plan.

  • Select the right IDV for your vehicle, and indicate if you have ever filed an insurance claim for your Skoda Octavia insurance in the past. If not, you will be eligible to receive a No Claim Bonus (NCB) from Tata AIG.

  • After providing all the necessary information, you will receive a quote for your car insurance premium. If you are satisfied with the cost, you can proceed to the next step and pay using a digital mode of payment out of the available options.

  • Once the payment is processed, typically within minutes, Tata AIG will send you an electronic copy of your Skoda Octavia policy via email and WhatsApp. You can store a copy of the document in your car for emergency situations.

Skoda Octavia Car Insurance Price – Your Premium Amount

It is essential to understand the factors that affect the premium, to choose a cost-effective car insurance plan. These include the cost of the vehicle, the driver's age, driving history, the location where the car is primarily driven, the type of coverage, etc. You can take a look at the following factors and compare different policies to select a reasonably priced plan:

  • Insured Declared Value (IDV)

  • Age Of The Car

  • Insurance Coverage

  • Add-ons

  • Engine Capacity

  • Deductibles

  • Claims History

The premium for a car insurance plan can further be influenced by the make and model of the car, any modifications made to the vehicle, and the presence of additional security features. These factors either increase or decrease the premium for your vehicle's insurance.

Add-ons for Skoda Octavia Car Insurance by Tata AIG

Tata AIG add-on riders are added advantages you can buy along with your Skoda car insurance to strengthen the plan’s coverage. You can select from the following 12 add-ons:

  • No Claim Bonus Protection (NCB)

  • Roadside Assistance

  • Repair of Glass Fibre and Plastic Parts

  • Daily Allowance

  • Emergency Transport and Hotel Expenses

  • Key Replacement

  • Engine Secure

  • Tyre Secure

  • Consumables Expenses

  • Loss of Personal Belongings

  • Return to Invoice

  • Zero Depreciation (Depreciation Reimbursement)

Things Covered and Not Covered under Skoda Octavia Car Insurance

Things Covered under Skoda Octavia Car Insurance Things Not Covered under Skoda Octavia Car Insurance
The comprehensive car insurance policy covers reimbursement of the IDV or market value of your car if it is stolen or deemed a total loss due to an accident. Damages incurred from driving without a valid licence.
A stand-alone own-damage or comprehensive coverage offers financial security for injuries and damages caused by natural events such as floods, snowfall, cyclones, frost, rainfall, and earthquakes. Vehicles used outside the designated geographical location
A comprehensive or own-damage cover for a four-wheeler policy provides coverage for damages caused by terrorist attacks, riots, strikes, malicious acts, and fire damage resulting from explosions, lightning, and self-ignition, among other causes. Damages caused due to driving while under the influence of drugs or alcohol.
A stand-alone own-damage cover or a comprehensive car insurance plan will cover the financial costs for repairs resulting from accidental damage, whether minor or major. Damage caused by normal wear and tear from regular use and depreciation.
A comprehensive car insurance policy covers damages to your car incurred during transit, whether by waterways, railways, roadways, or airways. Costs covered for general maintenance of the vehicle.
Our third-party car insurance and comprehensive policies include coverage for third-party liabilities. This includes bodily injury to a third party, death of a third party, and damage to third-party property caused by the insured vehicle. Damages resulting from driver negligence.
Our comprehensive four-wheeler insurance plans include personal accident cover of INR 15 lakhs for owner-drivers. The coverage reimburses emergency medical expenses for injuries from accidents, including ambulance costs, and in case of death, the predetermined amount is paid to the designated beneficiary. Using a private car for commercial purposes.
Our comprehensive car insurance coverage can be enhanced by selecting from a range of 12 add-ons. These include coverage for roadside assistance, specific parts of the vehicle (such as engine and tires), zero depreciation, and others.  Damages resulting from activities such as speed racing or crash testing.

Why is it Important to Have Tata AIG for Your Skoda Octavia Car Insurance?

Tata AIG motor insurance can be the right financial partner for your car for the following reasons:

  • Tata AIG's 20 years of experience in the insurance industry represents a commitment to integrity and transparency in each car insurance plan.

  • Our claim settlement ratio for FY 2020-2021 was 98%. We ensure a smooth and reliable claims process for all our customers.

  • We have more than 650 insurance claim experts throughout India, working to ensure a seamless purchase/renewal/claim experience for you.

  • Our network includes more than 5400 garages where the insured cars can be sent for repairs. We are also proud to have a large, satisfied customer base of 5 crore.

Overview - Skoda Octavia Car Model

The Skoda Octavia is a compact family car produced by the Czech manufacturer Skoda. It is a stylish sedan known for its spacious interior, affordable price, and good fuel economy. The Octavia has been praised for its fuel efficiency, making it a favoured option among customers looking for a practical and economical car. It also offers a comfortable ride, a well-built interior, and a wide range of standard and optional features. It is positioned as a more affordable alternative to other cars in its class and is known for its great value for money.

The Octavia has advanced safety features, such as lane departure warnings, automatic emergency braking, and a driver fatigue detection system. It is known for its solid build quality, with high-quality materials used throughout the cabin. In addition, it comes with a wide range of standard and optional features, including a touchscreen infotainment system, climate control, etc.

Skoda Octavia Price and Variants

Here are the variants of the Skoda Octavia:

Variant Ex-Showroom Price
Octavia Style ₹27.35 lakh
Octavia Laurin and Klement ₹30.45 lakh

Unique Selling Points: Skoda Octavia Car Features

Here are some unique selling features of the Skoda Octavia:

Power Steering

Engine Type - 2.0 L TSI Petrol Engine

Power Windows Front

Cruise Control

Anti-Lock Braking System

Max Power - 187.74bhp@4180-6000rpm

Air Conditioner

Seat Lumbar Support

Driver Airbag

Passenger Airbag

Max Torque - 320nm@1500-3990rpm

Fog Lights - Front

Rear AC Vents

Alloy Wheels


Multi-function Steering Wheel

Rivals of Skoda Octavia Car

Here are some rivals of the Skoda Octavia:

Honda Civic

Hyundai i30

Ford Focus

Toyota Corolla

Audi A3

Volkswagen Golf


Peugeot 308

Mazda 3

Vauxhall Astra

Disclaimer / TnC

Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.

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How can I know my Skoda Octavia insurance cost?

How can I know my Skoda Octavia insurance cost?


You can visit the Tata AIG website and use the online premium calculator to calculate your Skoda insurance cost. This calculator will efficiently calculate your Skoda insurance premium and get you the most suitable quote based on your needs.

How can I book a Skoda insurance renewal?


Renewing insurance for a car is easy and quick with Tata AIG. Visit the Tata AIG car insurance webpage, enter your vehicle's registration number in the provided box, and click on "Renew" for car insurance renewal online. Fill in the details of the car, and you will have your new policy within minutes.

Can I transfer my car insurance policy to a new owner?


Yes, it is possible to transfer the car insurance plan to a new owner when you sell your vehicle. The new owner will have to apply for a transfer of the policy in their name, and the insurance company will make the necessary changes to the policy.

What is the tenure of car insurance policies?


In July 2018, The Supreme Court mandated that all new motor insurance policies should have third-party cover for a period of 3 years. However, while third-party insurance can be issued for three years, a comprehensive car insurance policy can be purchased for one year.

Disclaimer: All the car prices and other information listed above pertain to a specific city and vehicle model. Since this information is subject to change, it is advisable to check the latest information before purchasing a vehicle or an insurance policy.