Magma HDI Standalone Own Damage Car Insurance

Magma HDI Standalone Own Damage car insurance policy covers damages sustained by the insured car as a result of an untoward incident such as theft, fire, accident etc. This policy can be easily purchased online at a nominal premium along with third-party car insurance.

4000 Cashless garages
Plan starting @ ₹3507^#
97.1% Claim settlement ratio

#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 ^#

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Key Features of Magma HDI Standalone Own Damage Car Insurance

Categories	Key Features
Own Damage Cover	Yes
Mandatory	No
No Claim Bonus	Yes
Add-on Covers	Offered
Zero Depreciation cover	Yes
PA Cover	Upto Rs. 15 Lakh

Coverage Under IFFCO Tokio Standalone Own Damage Car Insurance

Inclusions
Exclusions

Damages to the insured car due to manmade acts such as riots or strikes
Losses caused to the insured car due to fire or self explosion
Partial or total loss arising out of theft or burglary of the insured car is covered
Damage to the insured vehicle while it was in transit via road, rail, inland waterway or air.
Damages caused due to external means such as road accidents or collision
Damages sustained by the insured car due to natural calamities like earthquakes, cyclones, floods, etc.

Third-party property damage, death or bodily injuries to the third person due to the insured car
Any consequential damage is not covered under the Own damage car insurance policy
Damages sustained by the insured vehicle when the driver was drunk driving
Losses caused to the insured car when the driver was not carrying a driving license are not covered
Claims arising out of any contractual liability
Accidental losses or damages caused due to nuclear or civil war
Damages arising outside the geographical area as mentioned in the Magma OD car insurance policy

Add-ons Under Magma HDI Standalone Own Damage Car Insurance

The coverage of a Magma HDI Standalone own damage car insurance policy can be enhanced by purchasing additional covers along with the plan. The add-ons offered by Magma OD car insurance policy include:

Basic Roadside Assistance
NCB Protect Cover
Inconvenience Allowance
Loss of Personal Belongings
Key Replacement Cover
Engine Protect Cover
Return to Invoice
Depreciation Reimbursement Cover
Cover for Consumables

How to Buy Magma HDI Standalone Own Damage Car Insurance Policy?

Below mentioned are easy steps to purchase a Magma HDI car insurance policy for own damages online:

Visit the official website of Policybazaar Insurance Brokers Private Limited (Policybazaar.com)
Select the ‘Car Insurance’ tab from the homepage
Enter your car number on the given form and proceed forward
Select your car details such as car make, model, variant, RTO and registration year
From the given car insurance policy, select the Magma OD car insurance
Select any add-on cover you wish to add to your plan
Pay the final premium amount via online payment methods
Once you have made the payment, your car policy documents will be sent to your email address.

Documents Required to Raise Magma HDI Standalone Own Damage Claim

Claiming for Magma HDI OD car insurance can be done by informing the insurance company about the damages sustained by your car. However, you will also need some documents for your claim to be processed successfully. These documents include:

Vehicle Registration Certificate
Driving license of the driver
Police FIR copy
KYC documents
Original estimates of repairs
Original repair invoice
Original OD car policy document

FAQs

Q1. Can I renew my Magma OD car insurance plan online?

Ans: Yes, you can renew your Magma HDI own damage car insurance online easily from Policybazaar.com. For car insurance renewal, simply enter your car number on the given form and enter the rest of your car details. Choose the desired plan, pay the premium amount, and your Magma OD car insurance plan will be renewed.
Q2. How can I check the status of my Magma HDI own damage car insurance policy?

Ans: In case you have purchased your Magma HDI OD car insurance cover from Policyabazaar.com, you can simply check your car policy status by signing into your Policybazaar account.
Alternatively, you can also check your own damage car insurance status from the insurer’s official website, IIB portal or Parivaham Sewa portal.
Q3. How can I get OD discount in car insurance?
Ans: You can follow these tips to get a discount on your Magma HDI own damage premium:
- Install an anti-theft device in your four-wheeler
- Opt for voluntary deductibles
- Become a member of the Automobiles Associations of India
- Do not raise a claim during the policy year
- Choose car insurance after comparing multiple plans online
Q4. How can I calculate the basic OD premium for Magma car insurance?

Ans: You can calculate the premium of your Magma HDI own damage car insurance policy by using a Car Insurance Premium Calculator. This tool lets you calculate the premium based on your car’s make, model, registration year and RTO.