Volkswagen GTI Insurance
Volkswagen GTI Insurance
The Volkswagen GTI is a performance-oriented variant of the Volkswagen Golf hatchback. The GTI is renowned among driving enthusiasts because of its sporty driving qualities. The original GTI debuted in 1976 and has been a popular model in the VW portfolio ever since. The four-wheeler was introduced in the Indian market in 2016 and was available till 2019. It was a limited edition four-wheeler, with only 99 units planned for sale nationwide. Despite its restricted availability, the VW GTI was favourably welcomed by Indian drivers. While the GTI may be reintroduced in India, the model is not presently offered in the nation.
Yet, if you still own this vehicle, it's vital to realise that car ownership comes with responsibilities. One of the most important of these tasks is to make sure your four-wheeler is appropriately insured. Four-wheeler insurance protects your vehicle from numerous types of damage and loss, such as theft, accidents, and natural disasters. While third-party car insurance plans are mandatory, you can consider opting for a comprehensive Volkswagen GTI car insurance if you want 360° coverage.
Choosing the right insurance provider is integral to a hassle-free experience for paying the premium and excellent customer support. Before you sign the dotted line, make sure that you compare providers and plans carefully. You can use the free online car insurance calculator Tata AIG offers to compare features and plans and find the best and most cost-efficient Tata AIG Volkswagen GTI insurance policy.
Volkswagen GTI Car Insurance Renewal or Purchase via Tata AIG
Tata AIG is committed to customer-centricity and offers simple processes to allow people to buy Volkswagen car insurance in India. Suppose you have an existing Tata AIG car insurance policy; in that case, you can opt for Volkswagen car insurance renewal online hassle-free.
Here is a quick look at the process to buy/renew VW insurance online from us:
The first step is to visit our official website at www.tataaig.com.
Next, click “All Products” >> “Car Insurance” at the top of the page. It will take you to the Car Insurance Page.
Enter the registration number of your Volkswagen GTI.
For a new policy, click the “Get Price” option or “Renew” for a Volkswagen car insurance renewal.
Enter the details in the form for a Volkswagen GTI insurance price.
Select the car’s appropriate Insured Declared Value (IDV).
Once you furnish the required information, Tata AIG will display the VW GTI insurance premium.
You can add riders at extra costs to enhance your Volkswagen insurance and make the payment.
Once payment is received, Tata AIG will email your VW GTI car insurance policy.
VW GTI Insurance Cost - Your Premium Amount
Motor insurers in India offer three insurance products with various riders to extend protection to your Volkswagen GTI. The premium for each of these products is computed differently.
The Insurance Regulatory and Development Authority of India (IRDAI) decides the premium for third-party liability insurance. It is determined by cubic engine capacity, implying that two distinct models with the same displacement size have identical premium costs. IRDAI reviews the third-party insurance rate regularly and revises it as needed. Furthermore, the IRDAI has established guidelines for premium fixation on the own damage portion of the insurance. However, insurers have discretion in determining the quotation.
At Tata AIG, we consider claim history, manufacturing year, make & model and variant, registration city, and IDV. While other parameters do not require explanation, IDV is something you must thoroughly understand.
Volkswagen GTI's IDV is its current market value. It is calculated after depreciation is deducted from the original sales invoice. The IRDAI determines the rate of depreciation for up to five years. The IDV is mutually agreed upon if your vehicle is over five years old. Remember that declaring a higher IDV raises the premium, whereas declaring a lower IDV has the opposite effect.
Also, if you aren’t sure about the premium payment, you can calculate the same with the help of our online premium calculator. By providing the required information, you can use the premium calculator to compare different policy options and make an informed decision about the one that best suits your needs and budget.
Add-Ons for Volkswagen GTI Car Insurance by Tata AIG
Add-on covers are saviours for specific liabilities not covered by comprehensive insurance. You can add them to a standalone own damage or comprehensive car insurance policy at extra costs.
Tata AIG understands your car’s needs and offers the following add-on covers:
● No Claim Bonus Protection
● Engine Secure Cover
● Tyre Secure Cover
● Key Replacement Cover
● Zero Depreciation Cover
● Return to Invoice Cover
● Daily Allowance Cover
● Roadside Assistance Cover
● Consumables Expense Cover
● Emergency Transport and Hotel Expense Cover
● Loss of Personal Belongings Cover
● Repair of Fibre, Glass, and Plastic Parts Cover
Things Included and Not Included under Tata AIG Volkswagen GTI Car Insurance Policy
Here is a list of things covered and not covered under a Volkswagen GTI insurance policy:
|Things Included under Tata AIG Volkswagen GTI Insurance||Things Not Included under Tata AIG Volkswagen GTI Insurance|
|This coverage protects you against any third-party liability arising in an accident involving your car. It includes coverage for death or bodily injury to a third party or damage to their property||This insurance policy does not cover your car's everyday wear and tear, including mechanical or electrical breakdowns.|
|This coverage protects your car against accidental damage, theft, or fire. You will be reimbursed for repairing or replacing your four-wheeler in case of a covered loss.||Your policy will not cover losses if you move your car without a valid license.|
|The comprehensive motor insurance plan provides the policyholder with a Personal Accident Cover of ₹15 lakhs. If anything is to happen to the driver-owner during a car accident, this insurance cover helps take care of the treatment cost of the individual. Additionally, if the accident turns out to be fatal, the policyholder's nominee or the named beneficiary receives the predetermined amount.||The policy will not cover any losses if you are driving your car under the influence of alcohol or drugs.|
|You might require transferring your vehicle from one location to another via waterways, roadways, airways, or railways. The Tata AIG comprehensive car insurance policy helps cover the repair costs if your vehicle gets damaged in transit.||Your policy will not cover losses resulting from war, invasion, an act of foreign enemies, hostilities, civil war, rebellion, revolution, insurrection, military or usurped power, or confiscation, nationalisation, commandeering, or destruction by order of any government or public authority.|
|The Tata AIG Volkswagen GTI car insurance plan or an own-damage car insurance policy provides security against damages caused due to strikes, riots, terrorist attacks, and other man-made disasters. Also, the insurance provider offers you a cover for damages caused by fire, including explosions, self-ignition, lightning, etc.||Your policy will not cover any losses from your car's mechanical or electrical failure unless an external event, such as an accident or collision, caused the failure.|
Why Is It Necessary to Have Tata AIG for Your Volkswagen GTI Car Insurance?
Here’s why you should insure your Volkswagen GTI car with Tata AIG:
Tata AIG car insurance plans come with a 150-year-old trust and legacy of Tata. For over 20 years, we have committed to looking after our clients, four-wheelers, and funds as an insurance provider brand.
Tata AIG prioritises its consumers' demands. We have serviced over five crore consumers throughout the years, and our family is growing by the day.
We have a vast team of professionals who always search for new methods to help clients. We have over 650 qualified specialists working around the country to ensure quick claim payouts. We also have a specialised service and operations staff that assists clients in understanding the process and answering any of their questions.
The claim settlement ratio is the percentage of settled claims of all the insurance claims received. We settled about 98% of the accepted insurance claims in the last financial year.
The claim settlement ratio is the proportion of settled claims divided by the total number of insurance claims received. We settled around 98% of accepted insurance claims in the previous fiscal year.
Volkswagen GTI: A Brief Overview of the Car
The Volkswagen GTI is a high-performance variant of Volkswagen's famous Golf hatchback. Since the mid-1970s, this famous four-wheeler has become a cult favourite among automotive fans worldwide. It is a well-rounded vehicle that provides an exciting driving experience while still being practical and comfortable for daily use. Whether you're a driving fanatic or just looking for a fun and dependable car, the VW GTI is a great option.
Because of its potent engine and sport-tuned suspension, the GTI is noted for its remarkable speed and agility. The newest GTI is powered by a 2.0-litre four-cylinder turbocharged engine with 228 horsepower and 258 lb-ft of peak torque. Its engine is paired with a 6-speed dual-clutch automatic or 6-speed manual transmission, providing rapid and responsive shifting.
The GTI has a clean and elegant style, with a dynamic front fascia, rear spoiler, and distinctive GTI badging, in addition to its remarkable performance. The GTI's interior is likewise well-appointed, with supportive and comfy sports seats, an easy-to-use infotainment system, and a slew of modern safety measures.
Volkswagen GTI Car Variants and Prices
The VW GTI was introduced in India in 2016 with a single model.
The VW GTI was priced ex-showroom in New Delhi at about ₹20.69 lakhs.
Volkswagen GTI Features: Unique Selling Points of the Car
The Volkswagen GTI has several unique selling points, making it a popular choice among driving enthusiasts worldwide. Here are some key features that set the GTI apart from other cars in its class:
Because of its potent engine and sport-tuned suspension, the GTI is noted for its remarkable speed and agility. The car has fast and responsive handling, which makes driving on twisting roads and tight curves a pleasure.
The appearance of the GTI is sleek and attractive, with distinctive GTI badging and sporting details like a rear spoiler and characteristic front fascia. The inside is similarly well-appointed, with supportive sports seats and an easy-to-use infotainment system.
Besides its high-performance characteristics, the GTI is a practical vehicle that can be driven daily. Its cabin is big and pleasant, with lots of space for people and baggage.
Volkswagen is recognised for building dependable vehicles, and the GTI is no exception. The car is well-built and comes with a complete warranty and service plan.
Top Competitors of the Volkswagen GTI
In the compact four-wheeler market, the VW GTI has stiff competition. These are some of the main options to think about:
Honda Civic Type R
Ford Focus RS
Subaru WRX STI
Mini Cooper S
Frequently Asked Questions (FAQs)
1. Which car insurance policy is the best in India?
Comprehensive car insurance coverage is often considered India's finest four-wheeler insurance policy. It is because it covers a wide variety of risks, including third-party liability, own damage, and personal accident coverage for the driver and passengers.
2. How to calculate the premium amount for my Volkswagen GTI Insurance via Tata AIG online?
To calculate the premium amount for your Volkswagen GTI insurance via Tata AIG online, follow these steps:
Visit the Tata AIG website and navigate to the car insurance section.
Select the type of insurance policy you want to purchase - Third-party Liability or Comprehensive Insurance.
Fill in the necessary details of your car, such as make and model, registration number, and manufacturing year.
Provide details such as your name, email ID, and phone number.
Select the coverage and add-ons you require.
Submit the details to get a quote.
The premium amount will be displayed based on your coverage and add-ons.
3. Are No Claim Bonuses transferrable if I switch VW GTI insurance companies?
Yes, if you change your Volkswagen GTI insurance carrier, your No Claim Bonuses (NCBs) are transferrable. If you decide to change insurance companies, you can ask your existing insurer for a No Claim Bonus Certificate. This certificate will validate the number of claim-free years you have accrued and the concession percentage you are entitled to. You can present this certificate to your new insurer to receive the corresponding premium discount.
4. Can I acquire third-party VW GTI insurance to cover fire-related damages?
Unfortunately, third-party Volkswagen GTI insurance will not cover fire-related losses. The Indian Motor Vehicles Act requires third-party four-wheeler insurance and covers damages caused by you to the property or person of a third party in the case of an accident. It does not cover any damage to your vehicle. A comprehensive four-wheeler insurance coverage will be required to cover fire-related losses to your VW GTI.
5. What should I do if the information on my Volkswagen GTI insurance policy is incorrect?
If the information on your Volkswagen GTI car insurance policy is wrong, you must contact your insurance provider and seek an endorsement. You must apply to your insurance carrier to receive an endorsement and provide proof of accurate information. Nonetheless, doing so may affect the cost of your four-wheeler insurance plan.
Disclaimer: All the 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.
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.