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      How to Renew Magma HDI Car Insurance Online?

      Car owners must have a valid car insurance policy to ply their vehicles on Indian roads, as this is a mandatory requirement as per the Motor Vehicle Act, 1988. It is important to renew your Magma HDI car insurance policy before its expiration to ensure compliance with the traffic rules and to remain financially covered. Please read the detailed guide below to learn more about the Magma HDI car insurance renewal process.

      Read more

      Why is Timely Renewal of Magma HDI Car Insurance Important?

      Car owners must be vigilant about their Magma HDI car insurance policy validity date and must take proper steps to renew their policy before it expires. Timely renewal of your Magma HDI car insurance policy allows the car owner to enjoy uninterrupted coverage in case of unfortunate events like vehicle damage or accidents.

      Many Insurance providers also reward their customers with a premium discount for timely renewal. Also, having a valid car insurance policy is mandatory under the Motor Vehicles Act, 1988. Car owners who do not renew their Magma HDI car insurance policy before its expiration date may be levied hefty traffic fines and face legal consequences.

      Magma HDI Car Insurance Renewal Online

      Car owners can follow the steps listed below to renew car insurance policy via the insurance provider's official website or through the Policybazaar.com website.

      1. Through Magma General Insurance's Website

        • Open the official Magma HDI website in your browser.
        • Click the 'Renew' tab on the homepage.
        • Click 'Renew Now' under the Motor Renewal icon.
        • Now, enter details like your car insurance policy number and Engine/Chassis/Registration number.
        • Click on the arrow button after entering all the required details.
        • Your car insurance policy details and premium payable will be displayed on the screen.
        • Select your preferred mode of payment and pay the car insurance premium to renew your Magma HDI car insurance policy.
        • You will receive your policy documents in your email.
      2. Through Policybazaar Insurance Brokers Limited's Website

        • Open Policybazaar.com car insurance page on your browser.
        • Enter your car's number and click on 'View Prices'.
        • Now, enter your name and phone number. Click on 'View Prices'.
        • Select your car insurance expiry date on the calendar.
        • A list of different car insurance providers and their premium prices will be displayed on the screen.
        • Click on the premium amount listed adjacent to Magma General Insurance Limited.
          Select your preferred mode of payment and pay the insurance premium to renew your car insurance policy.
        • You will receive your renewed car insurance policy documents in your email.

      Documents Required for Magma HDI Car Insurance Renewal

      The following are some essential documents that are required for renewing your Magma HDI car insurance policy.

      • Government-issued ID proof - Aadhaar/PAN/Passport
      • Address Proof - Passport/Driving Licence
      • Recent passport photos
      • Existing car insurance policy number
      • Valid driving licence and pollution certificate
      • Credit/debit card details for online banking

      Benefits of Renewing Magma HDI Car Insurance Online

      • Ease of buying: With online renewal, car owners can easily renew their car insurance policy from the comfort of their home.
      • Online discounts: Insurance providers often offer special discounts for their customers who opt to renew their car insurance policies online.
      • No paperwork: Online car insurance renewal eliminates the need for signing insurance papers. The renewed policy is also sent to the customer at their email.
      • No agent required: Policyholders do not need an agent's assistance to renew their car insurance policy, as they can do so by themselves through the official website.

      FAQs

      • Q1. Can I renew my Magma HDI car insurance policy before its expiration date?

        Ans: Yes. It is advisable to renew your Magma HDI car insurance policy before its expiration date to enjoy continuous coverage from risks.
      • Q2. Do all insurance providers offer a grace period for car insurance policy renewals?

        Ans: Most insurance providers offer a grace period to their customers to allow them to renew their car insurance policy even after its expiration. This grace period may vary from a few weeks to a few months.
      • Q3. Can I choose more add-on covers when my Magma HDIcar insurance policy is renewed?

        Ans: Yes. You can include extra add-on covers to increase your coverage when your car insurance policy is renewed. Select the add-on covers you want before making the final payment to renew your car insurance.
      • Q4. What happens if I forget to renew my Magma HDI car insurance?

        Ans: If you forget to renew your car insurance policy, then your policy will lapse. The car owner will be financially liable for any damages or accidents caused by the vehicle. Also, a lapsed policy will attract traffic penalties as it violates Indian traffic regulations.
      • Q5. Can I change my insurance provider at the time of renewal?

        Ans: Yes. You can change your insurance provider at the time of renewal if you are not happy with the services being offered by your current car insurance provider.

      Save upto 91% on Car Insurance
      Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
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      #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.

      +Savings are based on the maximum discount on own damage premium as offered by our insurer partners.

      ##Claim Assurance Program: Pick-up and drop facility available in 1400+ select network garages. On-ground workshop team available in select workshops. Repair warranty on parts at the sole discretion of insurance companies. Dedicated Claims Manager. 24x7 Claim Assistance.

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