Toyota Car Insurance

Enhancing your Toyota car insurance policy with valuable add-ons can significantly improve your vehicle’s coverage and reduce out-of-pocket expenses during unforeseen situations. Tata AIG offers a range of optional covers designed to give you added confidence every time you drive. Here are some top add-ons you can consider:

• Zero Depreciation Cover: This Zero Depreciation Cover add-on ensures you receive the full claim amount without deductions for the depreciation of parts. It covers components such as rubber, plastic, nylon parts, batteries, and tyres, which are otherwise subject to up to 50 per cent depreciation under standard policies.

• Roadside Assistance: This Roadside Assistance provides 24x7 support for emergencies such as vehicle breakdowns, flat tyres, dead batteries, or towing needs. This cover is especially helpful during unexpected situations and is available as an add-on only.

• Engine Protection Cover: This Engine Protection Cover add-on covers repair or replacement costs for internal engine damage due to water ingress or lubricating oil leakage. It is particularly useful in flood-prone areas, where water damage is a common issue.

• Return to Invoice: This Return to Invoice cover ensures you get the full on-road price of your Toyota, including registration, tax, and insurance if it is stolen or declared a total loss. It helps you recover the maximum value without being impacted by depreciation.

• Consumables Cover: This covers the cost of consumables like engine oil, brake fluid, nuts, bolts, washers, grease, and lubricants used during accident-related repairs. This cover ensures that minor but essential repair costs are taken care of.

By selecting the right combination of these add-ons, you can customise your Toyota insurance plan for broader protection, better savings, and greater peace of mind on the road.

Understanding the different types of car insurance plans is key to choosing the right level of protection for your Toyota. Tata AIG offers three primary policy options that cater to varied coverage needs and regulatory requirements.

• Third-Party Toyota Insurance: This is the minimum insurance coverage required by law in India. It protects you against legal and financial liabilities arising from injury, death, or property damage caused to a third party. However, it does not cover any damage to your own Toyota vehicle.

• Comprehensive Toyota Insurance: This plan provides all-around protection by combining third-party liability cover with its own damage cover. It protects your Toyota against risks such as accidents, fire, theft, vandalism, and natural calamities like floods and earthquakes. This is a suitable option if you're looking for broader financial protection.

• Standalone Own Damage Cover: Available for Toyota vehicles purchased on or after 1st September 2018, this policy covers damages to your car caused by accidents, natural disasters, or fire. It does not include third-party coverage, which must be purchased separately. This plan is ideal for those who already have a third-party policy but want added protection for their own vehicle.

By understanding these options, you can select the most suitable insurance plan for your Toyota, ensuring both legal compliance and optimal coverage.

Before purchasing or renewing your Toyota car insurance, it's important to understand how your premium is calculated. Several factors influence the cost of your policy, and knowing them can help you choose the right coverage at the right price.

• IDV (Insured Declared Value):

The IDV represents the current market value of your Toyota and is a key factor in determining the premium. It is calculated based on the manufacturer’s listed price of the vehicle minus depreciation over time. A higher IDV increases the premium but ensures better compensation in case of total loss or theft.

• Vehicle Variant:

The make, model, and variant of your Toyota play a crucial role. Premium variants, including SUVs and luxury models, typically have higher premiums due to costlier repairs and parts replacement.

• Claim History (No-Claim Bonus – NCB):

If you haven’t raised any claims during your policy period, you earn a No-Claim Bonus, which can offer a discount of up to 50 per cent on your own damage premium over time. This reward encourages safe driving and responsible policy usage.

• Add-ons and Customisation:

Optional covers such as Zero Depreciation, Roadside Assistance, Engine Protection, and Consumables Cover enhance your policy by offering protection beyond the standard plan. Other available add-ons include Tyre Protection, Return to Invoice, Key Replacement, NCB Protection and more. While these add-ons increase your premium, they provide more comprehensive coverage and peace of mind.

By understanding these factors, you can use Tata AIG’s online car insurance premium calculator to customise your plan, compare coverage options, and select a policy that offers the right balance of protection and affordability for your Toyota.

Buying your Toyota car insurance online not only saves time but also offers exclusive digital benefits that enhance convenience and value. Here are some key advantages of choosing Tata AIG’s online platform:

• Quick and Easy Quote Generation (Tata AIG)

With just 2 clicks, you can get a car insurance quote quickly. This makes the process simple and fast, allowing you to get the information you need without any hassle. Tata AIG makes it easy to access a quote in a matter of seconds.

• Discounts on New Vehicle Insurance

When insuring a new Toyota, you can avail up to 85% discount on your car insurance. This helps you get affordable coverage for your new vehicle right from the start. Tata AIG ensures maximum savings when purchasing new vehicle insurance online.

• Access to 5900+ Network Garages

With 5900+ network garages across the country, you have access to quality service and repairs at trusted locations. This ensures easy maintenance and hassle-free repairs for your Toyota car.

• Discounts on Policy Renewal for Older Vehicles

If you have an older Toyota vehicle, you can get up to 75% discount on your policy renewal. This allows you to save money on your insurance while keeping your vehicle covered.

If you wish to carry out the purchase or renewal of your Toyota car insurance policy, you can do so in a few clicks on our website. Here is the process for Toyota car insurance renewal and purchase.

• Visit the car insurance page on our official website.

• Enter your car's registration number and select 'Get Price' for a new car insurance policy and 'Renew' if you already have a car insurance policy with us.

• Submit the necessary personal details on the next page, including your email address and mobile number.

• Choose the 'Insured Declared Value' for your Toyota car.

• Input the details for your car insurance claims and accumulated 'No-claim Bonus' for the preceding year.

• Click on 'Get Price' to receive a quote for your Toyota motor insurance policy.

• If you find the aforementioned quote feasible, make the online payment and complete the purchase/renewal process.

• You will receive your Toyota insurance policy in your email inbox.

The amount of the premium for your Toyota motor insurance policy shall be determined on the basis of various factors, including the make and model of the car as well as its 'Insured Declared Value' (IDV). The IDV of your car is the maximum sum that an insurer promises to pay you in the event of theft or irreversible damage to your car.

You must quote the accurate IDV during the purchase or renewal of your Toyota car insurance policy so as to have optimal coverage for your precious vehicle. After ascertaining the 'Insured Declared Value' of your Toyota car, you can input it in our car insurance premium calculator and get a quote for your Toyota car insurance policy.

It is important to have clarity on what is covered in your Tata AIG Toyota motor insurance policy and what is excluded from it. Here is a table detailing the extent of the coverage you get with our car insurance policy for your Toyota car.

Choosing the right insurer for your Toyota car is incredibly important, and at Tata AIG, we have car insurance policies and a commitment to customer service that makes us the right insurer for you. Here's why you should choose us for your Toyota motor insurance policy.

• You get the security of a TATA promise that has been a hallmark of trust in India for the past two decades.

• You select a car insurance company with a consistently high claim settlement ratio, speaking of which, we settled 98 per cent of the car insurance claims received by us in the financial year 2020-2021.

• You benefit from 24x7 assistance from our team of more than 650 claims experts.

• You get the option to avail of cashless insurance at our network of more than 5,400+ garages across India.

• You can experience a streamlined claims process with the online filing and tracking of your Toyota car insurance claims.

• You benefit from comprehensive car insurance coverage for your Toyota car.

• You can receive up to 80 per cent discounts on the purchase/renewal of car insurance for Toyota.

Accessing your Toyota car insurance policy online is quick, secure, and hassle-free. Whether you need it for renewal, claim support, or verification, here's how you can download your Tata AIG car insurance policy in just a few simple steps:

• Visit the official Tata AIG website or open the Tata AIG mobile app.

• Log in using your registered mobile number, email ID, or policy number associated with your Toyota insurance policy.

• Navigate to the “My Policies” or “Policy Documents” section on the dashboard.

• Select your Toyota car insurance plan from the list of active policies.

• Click on the Download option to save a digital copy of your policy in PDF format.

• You may also request your policy document via email or SMS for quick access and future reference.

Downloading your Toyota vehicle insurance online ensures you always have a valid copy ready for use during renewals, toll verifications, or service centre visits.

The Toyota Motor Corporation is one of the world's oldest and largest manufacturers of automobiles. As of March 31, 2021, the Japan-based multinational registered annual revenue of ¥635 billion and 71,373 employees. The company has its headquarters in Tokyo and several other offices across Japan and the rest of the world through its many subsidiaries.

One of the principal philosophies of the company is Kaizen which is a Japanese 'Total Quality Management' technique revolving around continuous improvement. Toyota has upheld the tradition of designing and manufacturing high-quality cars and delivering excellent service to its customers. In the Indian automobile sector, the company has established its unique place due to its celebrated adherence to Quality, Durability, and Reliability (QDR).

In recent years, the company has been focused on the innovation and development of hybrid vehicles to create cars that are in line with the vision of a sustainable future. With its wide-ranging initiatives in the fields of education, environmental protection, and community service, Toyota aims to be an organisation that is beneficial to both society and nature.

Some of the cars offered by Toyota in India are:

1. Toyota Glanza
2. Toyota Urban Cruiser
3. Toyota Innova Crysta
4. Toyota Fortuner
5. Toyota Camry

Toyota Motors India has several excellent cars available in the Indian market. Here is a quick glance at the company's car offerings in the country.

Toyota cars have many distinct features that have been the driving force behind their growing popularity in India.

Here are some of the Unique Selling Points of Toyota cars:

1. A Wide Product Portfolio: Since its inception in the year 1937, Toyota Motors has been expanding its portfolio of cars. In the present times, the company has offerings across market segments, including Sedans, SUVs, and hatchbacks, making it easier for them to target different income groups.

2. Global Brand Equity and Presence: Toyota is a brand name to be reckoned with across the globe. With its rich history, legacy, and tradition of continuous, the company is looked at with great reverence in the global car market. As a result of this, Toyota enjoys an enviable market position in various countries.

3. Pioneer in Hybrid Cars: Toyota Motors has been one of the pioneers in the development and application of hybrid technology in vehicles. With their adherence to various Japanese principles of quality control, the company has always been one step ahead of its competitors in research and development and quality management.

The main rivals of Toyota Motors in India are:

1. Maruti Suzuki India Limited
2. Hyundai Motors India Limited
3. Mahindra and Mahindra Limited
4. Tata Motors Limited
5. Honda Cars India Limited

Disclaimer / TnC

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