Future Generali India Car Insurance Review

The Future Generali India car insurance policies are designed to provide extensive coverage to the insured vehicle in the form of third-party coverage, own damage coverage along with nine add-on covers such as zero depreciation, return on invoice, coverage for engine replacement and tyre protection, among others. The policy also covers legal liabilities for hired drivers and co-passengers, arising out of accidents.

FEATURED PARTNER OFFER

Future Generali Car Insurance

3.5

Our star ratings are based on a range of criteria and are determined solely by our editorial team. See our methodology for more information.

Cashless Garages:

4,000+

Zero Depreciation Cover:

Available

Roadside And Towing Assistance

Cashless Garages:

4,000+

Zero Depreciation Cover:

Available

Roadside And Towing Assistance

Pros & Cons

• Instant car insurance policy issuance.
• Towing and roadside assistance in case of accidents.
• Reminder for renewals.
• Speedy claim settlement via Future Xpress and Xpress+, two express claims services.

• Limited number of cashless garages.
• Regular servicing expenses are not covered.

• Network of more than 2,500 cashless garages.
• No claim bonus for up to 50% with a claim-free year.
• Option to choose from nine add-on covers.
• The policies can be renewed for up to three years.
• Personal accident coverage up to INR 15 lakh for registered owner driver. An optional personal accident cover of INR 2 lakh is available for hired drivers and co-passengers at an extra premium.
• Covers the damage to third-party vehicles and injury related to third-party persons.
• Covers any damages related to natural calamities such as floods.
• Covers any damages related to unpredictable events such as theft, fire.
• Apart from roadside assistance, the company also pays for the car towing charges in case of accidents.
• The policyholder can cover any electrical or non-electrical accessories installed in your vehicle on the payment of extra premium cost.
• The policyholder can avail further discount if they opt for voluntary deductibles. Deductible is any amount that is to be incurred by the policyholder, before the insurance company pays for the compensation.
• If an anti-theft device has been installed in the insured vehicle, then there is a further discount of 2.5% on the premium, up to a maximum of INR 500.

Third-Party Car Insurance

The third-party car insurance policy is a mandatory coverage for any vehicle. This policy provides financial protection to the insured from any legal liability arising due to any loss or damage caused to third person or property up to INR 7.5 lakh. Third party car insurance does not come along with any add-ons; however, one can avail personal accident cover with this plan.

Comprehensive Car Insurance

This kind of insurance policy provides coverage for any damage arising due to accident or any man-made or natural calamities such as theft, fire, floods or landslide. This policy also covers the damages caused to the vehicle while in transit via road, rail, air or elevator.

The Future Generali India car insurance provides nine add-ons which can be opted by the policyholder while buying the car policy at a nominal premium cost. The add-on covers are explained as follows:

Zero Depreciation Cover: This is also known as bumper to bumper cover which provides coverage for the entire value of repairs without any deduction for depreciation, in case of any damage to the vehicle. So, even if the car is old or partially depreciated, the insured gets the full claim value.

Personal Belongings Cover: Get the coverage for the loss of the insured’s personal belongings such as new phone, laptop.

Tyre Protection Cover: The insured gets the coverage for tyre bursts, bulges, puncture, cuts, accidental damage and more.

Engine Protection Cover: Offers protection against any damage of the engine arising due to any sort of oil leakage, natural calamities or mechanical issues.

Key Protect Cover: Cover the expenses related to the repair or replacement of car keys or lock set in case of the theft or loss of keys.

NCB Retention Cover: This cover retains the no-claim bonus even if the insured makes a claim during the last policy tenure.

Return to Invoice: Provides the benefit of receiving back the amount of your car’s invoice value, which includes the cost of registering a new vehicle and its road tax.

Daily Allowance: The insured gets paid on per day basis for the conveyance, when their car is in any of the network garages for repairs.

Legal Liabilities: At an extra premium cost, the insured gets the coverage for legal liabilities related to the hired driver or for any named and unnamed co-passenger in the car.

The Future Generali India Insurance offers optional services such as Future Xpress and Xpress+ which facilitates quick claim settlements and also ensures priority based car repairs. Below mentioned are the key benefits for these two services which can be availed at the extra premium cost:

• The insured vehicles get on-priority repairs at comparatively low cost.
• Personalized service engineer.
• Easy document verification.
• Speedy and instant claim settlement service.
• Option to repair a car at the choice of the insured.

• Any claims due to incidents or accidents when the insured was intoxicated.
• Any loss or damages arising due to war or nuclear risk.
• No coverage for the regular wear and tear because of aging and usage of a car.
• If any accident happens outside the geographical area.

• Duly filled and signed insurance proposal form.
• Identity proof such as PAN card, Aadhar card or passport.
• Address proof such as electricity bill/ration card or Aadhar card.
• A recent passport sized photograph.
• A copy of driving license.
• A copy of registration certificate or RC of the vehicle.
• Pollution certificate.

The policyholder can settle their claims quickly via two express claims services: Future Xpress and Xpress+ services. The other way is either by visiting the company’s website or calling their toll-free number. Below is the step-by-step claim settlement process of Future Generali India Car Insurance policies:

• Step 1. Fill the claim form online or call the company at their toll-free number.
• Step 2: The insurer will inspect the insured vehicle.
• Step 3: Submit the necessary documents as per the company’s requirements.
• Step 4: Approved claim amount would be notified to the workshop or network garages.
• Step 5: Direct payment would be made to the company’s network garages and the insured vehicle would be repaired.

Below are the steps to be followed to renew car insurance online: ​

• On the company’s webpage, click car insurance.
• Enter the details of the car and check insurance policy renewal quotes.
• Submit the details such as name, email, car’s registration number, insurance policy number, policy expiry, previous claim details.
• Select a car insurance renewal plan from the available options and the needful add-ons.
• If the policyholder had a claim-free previous year, then they are required to enter No Claim Bonus.
• After filling in these required details, make the premium payment, and the car insurance policy will be renewed. ​​​

We have analyzed the Future Generali India Car Insurance on the basis of the following five metrics:

• Type of Policy Coverage (30% of the score)
• Claim Process (20% of the score)
• Insurance Add-on Options (20% of the score)
• Cashless Network Garages (20% of the score)
• Ease of Access (10% of the score)