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4000 Cashless garages
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96.6% Claim settlement ratio
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Claims assured
4000 Cashless garages
96.6% Claim settlement ratio
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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.
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.
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.
The following are some essential documents that are required for renewing your Magma HDI car insurance policy.
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*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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*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.
Policybazaar Insurance Brokers Private Limited CIN: U74999HR2014PTC053454 Registered Office - Plot No.119, Sector - 44, Gurugram - 122001, Haryana Tel no. : 0124-4218302 Email ID: enquiry@policybazaar.com
Policybazaar is registered as a Composite Broker | Registration No. 742, Registration Code No. IRDA/ DB 797/ 19, Valid till 09/06/2027, License category- Composite Broker
Visitors are hereby informed that their information submitted on the website may be shared with insurers.Product information is authentic and solely based on the information received from the insurers.
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