Toyota Corolla has been one of the most iconic cars on Indian roads, with over 40 million cars sold. Toyota Corolla got recognised for its robustness, back seat comfort, and elegance. The sedan saw success for the Japanese automaker abroad and in India. The Corolla has seen numerous alterations over the years, and the I.8 litre VVT-I petrol engine got tuned various times to improve output.
The Corolla became available in India when the 9th generation of the sedan debuted in 2003. Toyota Corolla, in India, got revised in 2005, 2008, 2010, 2011, 2014, and 2017. The name Corolla 'Altis' was introduced in 2008 in the form of a new iteration. The 1.8-litre engine was tuned to produce 132PS. In 2010, a diesel variant with a 1.4 litre D-4D Diesel engine providing 87PS got added to the line-up. The sedan received a redesign in 2011. The model was discontinued as the company dropped the launch of its 12th generation model in the country.
Toyota Corolla is priced between Rs 15.00 Lakhs to Rs 20.19 Lakhs. The Corolla petrol model costs between Rs 15.00 Lakhs and Rs 20.19 Lakhs, whereas the diesel variant costs between Rs 17.71 Lakhs and Rs 19.36 Lakhs (Ex-showroom, Delhi).
The single-year comprehensive insurance for Toyota Corolla comes with an annually renewable own damage cover, and a third-party liability cover that protects you financially against accidental damage, theft, and damage due to natural and manmade disasters. It also comes with a personal accident cover of INR 15 lakhs to ensure your treatment costs are taken care of in case of an accident.
Accident
Personal accident cover
Natural calamities
Third-party liability
Choice of add-ons
Theft
A mandatory cover for any car on the road, the third-party liability insurance is a basic car insurance policy that only covers against financial liability to a third-party person for injuring them or causing damage to their property as a result of an accident involving your car.
Personal accident cover
Third-party property damage
Injury to a third-party person
This is a component of the comprehensive cover that can also be bought separately as a standalone policy, especially if you already have third-party insurance for the vehicle. This policy covers damage to your own vehicle as a result of an accident, or natural and manmade disasters. It also comes with a theft cover that provides you the Insured Declared Value (IDV) in case of irretrievable theft.
Accident
Natural Calamities
Fire
Choice of add-ons
Theft
This is the policy that is the most recommended and is the one that you must choose when buying a new vehicle. It comes with a three-year third-party liability cover and an annually renewable own damage component, so that you stay covered for an extended duration. It also comes with a personal accident cover, theft protection, and the choice of add-on covers.
Accident
Natural Calamities
Personal accident
Third-party liability
Choice of add-ons
Theft
Accidents are often unpredictable, and sometimes, unavoidable. However, the cost of repairing your vehicle can be mitigated with an own damage cover.
Disasters strike without warning. Keep your car financially protected against damages as a result of earthquakes, floods, storms, fires, vandalism, rioting, etc.
Theft of your Innova can result in a significant financial loss without car insurance. However, with insurance, you will get the IDV of the vehicle, and if you have the Return to Invoice cover, then the entire on-road price of the car.
A personal accident cover of at least INR 15 lakhs is mandatory for all owners, in order to mitigate the cost of treatment in case of an accident.
This takes care of your financial liabilities in case you cause injuries or damage to a third-party person or property.
Cars are getting smarter and so are insurance companies. The days of lining up at the insurer’s office are long gone. You can now renew your Toyota Corolla car insurance policy online easily, from the comfort of your own home, in a matter of minutes. Here’s how:
When choosing an insurer, you should check its claims settlement ratio and process, customer base, and presence across your region. Only then you can get the assurance of a great experience. Here’s why you should choose HDFC ERGO:
Save up to 70% on your premiums with HDFC ERGO. Also, enjoy up to 50% off on your own damage premium with the No Claims Bonus discount.
Get your car repaired without denting your own finances, even temporarily, with our cashless garages. With over 8700 cashless garages across the country, you’re always covered.
We process over 80% of car insurance claims on the very day they are filed. This ensures there’s minimal wastage of time between your car getting damaged and repaired.
Our unique overnight repair service ensures that minor repair works, in the event of an accident, are taken care of while you catch up on sleep. The car is ready for your use the next morning.
Never get stranded anywhere with our 24x7 assistance service to help you with breakdowns, tows, etc.