Magma HDI Car Insurance Claim

Get Car Insurance starting at only ₹2,094/year #
Car Insurance
Processing

Magma HDI car insurance claim settlement process is straightforward and hassle-free. The claim settlement ratio of Magma HDI General Insurance Company was 95.84% in FY 2021-22. The company also offers cashless claim settlement in 4,000+ cashless garages all over India.

Read more

  • 4000 Cashless garages

  • Claim assured certificate
  • 97.1% Claim settlement ratio

Car Insurance

#TP price for less than 1000 CC cars. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

Get Car Insurance starting at only ₹2,094/year #
Looking for Car Insurance?
    Other models
    Other variants
    Select your variant
    View all variants
      Full Name
      Email
      Mobile No.
      Secure
      We don’t spam
      View Prices
      Please wait..
      By clicking on “View Prices”, you agree to our Privacy Policy & Terms of Use
      Get Updates on WhatsApp
      Select Make
      Select Model
      Fuel Type
      Select variant
      Registration year
      Registration month
      Save & update
      Please wait..
      Search with another car number?

      We have found best plans for you!! Our advisor will get in touch with you soon.

      Documents Required for Magma HDI Car Insurance Claim

      To raise a Magma car insurance claim, you will need the following documents:

      • Duly filled and signed Magma HDI motor claim form
      • Copy of car insurance policy
      • Copy of car's RC
      • Copy of driving license
      • Copy of Police FIR
      • Estimates for repairs
      • Repair bills/invoices
      • Other documents like permit, load challan, trip sheet, tax token etc. as applicable

      Types of Magma HDI Claim Settlement Process

      Magma HDI General Insurance Company offers two types of claim settlement processes, cashless claims and reimbursement claims. The company has more than 4,000 network garages spread across India where a policyholder can get his/her four-wheeler repaired.

      Cashless Claim Settlement

      Magma HDI car insurance offers a cashless claim process under which a policyholder can get the insured car repaired in an authorised network garage without having to pay anything from his/her pocket. Under this process, the car insurance company settles the claim directly with the network garage.

      Reimbursement Claim Settlement

      If a policyholder gets the insured car repaired at a non-authorised network garage, then he/she can claim the repairs under a reimbursement claim settlement process. Under this process, the insurance company upon complete verification reimburses the repair amount to the policyholder after the repairs are completed in a non-network garage.

      How to File a Magma HDI Car Insurance Claim?

      Follow these steps to raise a Magma HDI motor insurance claim:

      Accidental Claims:

      • Inform the Insurer: In the event of accidental damages, the first step would be to inform the insurer about the damages sustained by the insured car. You must intimate the insurer within the next 48 hours of the accident. Upon intimation, the insured will register your claim.
      • Damages Assessment: Once the claim has been registered, the insurer will send a surveyor to assess the cost of damage sustained by the insured four-wheeler.
      • Documents Verification: You will also need to submit some compulsory documents to the surveyor for claim verification. Make sure to keep these documents handy with you.
      • Claim Settlement: After claim verification, the insured car will be sent to the network garage for repairs. As soon as the repairs are done, your insurer will settle the claim under cashless claim settlement. In case of repairs done in a non-network garage, the insurer will reimburse you the claim amount covered in your car policy after the repairs.

      Alternatively, if you are a Policybazaar customer, you can call our toll-free number 1800-258-5881 for easy claim assistance.

      Third-Party Claims

      • If your vehicle has damaged a third party's property or has caused injuries to the third party, immediately lodge an FIR at the nearest police station. Also, inform your insurer about the same.
      • The insurance company will then forward the same to the Motor Insurance Claim Tribunal Court for the verdict
      • Once the case has been verified, the court will decide the amount of compensation to be paid to the third party.
      • The process will be the same if your car has been damaged by a third party and you are to receive compensation for the same.

      FAQs

      Find similar car insurance quotes by body type

      Hatchback Sedan SUV MUV
      Save upto 85% on Car Insurance
       Why buy from policybazaar

      Car insurance articles

      Recent Articles
      Popular Articles
      IDV in Car Insurance

      22 Feb 2024

      In layman's terms, the IDV full form is the Insured Declared Value
      Read more
      Must-Have Car Insurance Addons for Brand New Cars

      31 Jan 2024

      Investing in a full-coverage car insurance policy is essential for
      Read more
      No Claim Bonus (NCB) in Car Insurance

      29 Jan 2024

      No Claim Bonus (NCB) is a reward given by an insurer to a
      Read more
      How to Choose the Right Car Insurance for Your First Car?

      17 Jan 2024

      Buying their first car is no less than a milestone unlocked for
      Read more
      Things To Know Before Purchasing Sedan Car Insurance

      12 Dec 2023

      The type of four-wheeler you purchase also impacts its insurance
      Read more
      Check Vehicle or Car Insurance Status/Validity Online
      It doesn’t matter if you are an excellent driver or take your car out only once in a few months; your car must be
      Read more
      Getting Your Duplicate Car Insurance Policy is Easy-Here’s How!
      Losing your car insurance documents can be daunting. In such a state of affairs, the first thing that comes to your
      Read more
      Find Car Insurance Details By Registration Number
      Sometimes, you may face situations when you need car insurance or vehicle owner details but cannot readily access
      Read more
      How to Transfer Car Insurance Policy?
      An integral part of selling a car for both the buyer and the seller is ensuring a successful car insurance transfer
      Read more
      Comprehensive Insurance Vs Third Party Insurance
      Comprehensive car insurance offers protection to the insured car against third-party liabilities and own damages due
      Read more

      #Rs 2094/- per annum is the price for third-party motor insurance for private cars (non-commercial) of not more than 1000cc

      *Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.

      top
      View Plans
      Close
      Download the Policybazaar app
      to manage all your insurance needs.
      INSTALL