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Insurance Premium of Top 5 SUVs in India

By Juhi Walia
22 September 2022, 1:39 PM

The rising desire for luxury cars in India contributes to the fast expansion of the SUV market in that country.

The sport utility vehicles (SUVs) that sell the most in India are:

  • Ford Endeavour
  • Hyundai Grandeur
  • Toyota Land Cruiser
  • Mahindra Scorpio
  • Nissan Patrol

The above sport utility vehicles have a price tag that falls anywhere around INR 8-10 lakhs.

The car insurance costs for sturdy SUVs are as crucial as their specifications, just as the cars are magnificent pieces of engineering in their own right. If considering purchasing an SUV, you should carefully review this list. You are going to be blown away by how reasonable these rates are! When comparing the prices of auto insurance premiums for India's Top Five SUVs, be sure not to put your safety at risk.

There is a range of prices available for each of the five SUVs discussed in this piece, all of which are popular with purchasers in India. Please continue reading to find out further information on each of them.

Insurance Premiums for India's Top 5 Suvs

If you are looking for a safe SUV with a low insurance premium, you should consider one of the top five models mentioned in this article.

1. Hyundai Venue

Hyundai Venue car has features like:

  • A panoramic sunroof
  • Ten airbags
  • Alloy wheels
  • Power steering
  • A 6-speed automatic gearbox.

For a starting premium of INR 15000, online car insurance companies will provide you with 1+3 comprehensive coverage for your New Hyundai Venue (basic model).

This includes a one-year premium for personal damages coverage in addition to three years of coverage for third-party liability. The sum covered under the insurance is around INR 6 lakhs.

2. Maruti Suzuki Vitara Brezza

The Maruti Suzuki Vitara Brezza is one of the most popular SUVs in India. It comes with a range of features and offers excellent value for money. 

The car insurance premium of the Vitara Brezza is relatively low compared to other SUVs in its class. This is because it has several features that make it a desirable option. These include excellent fuel economy, a comfortable and spacious cabin, and a powerful engine. 

The car insurance coverage extends to amounts of INR 6 lakhs and above. Its insurance premiums reflect this, which makes it one of the cheapest options in its class.

3. Mahindra XUV300

The Mahindra XUV300 is one of the most popular SUVs in India. It is available in both manual and automatic variants. The manual variant costs INR 28.02 lakh, while the automatic variant costs INR 31.06 lakh.

The Mahindra XUV300 is a good option for people who want a large SUV that is comfortable and efficient. It has a spacious interior and excellent fuel efficiency.

The online vehicular insurance policy offers a brand-new coverage option for INR. 16000 approximately, with three years of third-party car insurance and one year of personal damage premium included in the package. The total sum guaranteed is close to INR 7 lakh or such.

4. Mahindra Scorpio

Mahindra Scorpio is one of the most popular SUVs in India. It has many features that make it an excellent choice for drivers and families.

One of the most affordable four-wheel-drive SUVs in India, that also has anti-lock brakes and airbags. Its attractiveness also stems from the fact that it is very much sturdy.

The manufacturer tailored it to handle the challenging terrain in India. Because it can drive for hundreds of kilometres without breaking down, this SUV is quite reliable.

The regular Mahindra Scorpio has access to three different car insurance alternatives that are satisfactory. Purchasing auto insurance online is the most cost-effective solution.

You have the option of insuring the vehicle for INR. 37,000 onwards, which would cover three years of third-party liability insurance and one year of coverage for your losses. The total amount of guaranteed money is around INR 12 lakh.

5. Tata Nexon

The SUV segment's lightest vehicle is Nexon. This package includes:

  • Anti-lock brakes
  • A sophisticated sensor array
  • An ISOFIX safety harness etc.

The atmosphere inside, in addition to its efficiency, helps to drive sales.

There are five respectable options available for those looking for car insurance for the base model of the Tata Nexon. The most basic vehicle insurance policy available is a 1+3 combination.

This protection costs around INR 16000 annually and includes three years of third-party car insurance and one year of damage mitigation. The whole total of the insurance is around INR 5 lakh onwards.

In Review

Regarding car insurance, the top SUVs in India tend to come with high premiums. This is because these vehicles are often chosen for their high value and luxury.

However, there are ways to get vehicular insurance for your new SUV without paying a high premium.

One option is to get car insurance online. This is a fast, easy and convenient way to get the coverage you need without leaving home. You can also compare car insurance renewal rates and find the best policy for your vehicle.

Read more -

FAQs

1. Which One is India's Leading SUV in 2022?

The top SUV models in India are the Audi Q7, Toyota Land Cruiser, Volvo XC60 and Jeep Compass. All of these SUVs have been predicted to be the leading models in India in 2022.

2. Which SUV is the Most Stable One in India?

The most stable SUV in India is the Toyota Innova. It is also the cheapest option.

The Innova is a very stable SUV, and it is also the cheapest option. It has a V6 engine that provides good performance and fuel efficiency.

3. Is the Insurance Premium on the Higher Side for SUVs in India?

SUV insurance premiums in India are comparatively higher than those on sedans. Some models of SUVs carry an insurance premium much higher than the premium for a sedan.

4. Why are SUVs a Value for Money?

SUV is the most popular type of car in India. The reason is that they offer many features and comfort at a comparatively low price.

SUVs are becoming more and more popular in India. This is because SUV drivers have a lower risk of being involved in an accident.

5. Which SUV is the Best for Off-Roading in India?

There are various SUVs perfect for off-roading in India, but each has its unique features and advantages. Here are five of the best SUVs for off-roading in India:

1. Tata Safari Storme: Tata Safari Storme is an excellent option if you want a rugged SUV that can handle many challenging terrains. This vehicle has excellent off-road performance thanks to its terrain response system (TRS), suspension system and powerful engine.

2. Mahindra Scorpio: Mahindra Scorpio is another excellent option if you want an SUV that can handle a lot of terrains. This vehicle offers excellent fuel efficiency and plenty of power for off-road adventures.

3. Ford Everest: It is a reliable SUV for off-road adventures. This vehicle has strong corrosion resistance and offers excellent fuel efficiency while on the road.

Note - Insurance premium estimates shown in the article can vary. So, check the four-wheeler insurance premium calculator or the insurer for exact numbers.

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