How is the own-damage premium calculated?

Premium depends on the vehicle, IDV, registration location, NCB, claim history and selected add-ons. Obtain a current vehicle-specific quote.

Can I add zero-depreciation cover?

Royal Sundaram lists a Depreciation Waiver add-on. Check current availability, eligibility and terms before selecting it.

Royal Sundaram Standalone Own-Damage Car Insurance

Royal Sundaram Standalone Own-Damage Car Insurance Overview

Royal Sundaram Standalone Own-Damage Car Insurance protects the insured vehicle against covered accidental loss or damage. The official product information describes protection against risks such as collisions, fire, explosion, self-ignition, theft and specified natural calamities. This policy is separate from third-party liability insurance, which must remain active for the vehicle. Third-party cover may be maintained with another insurer, subject to applicable requirements. Customers can choose an appropriate insured declared value (IDV) and explore eligible add-ons. Premium depends on vehicle details, IDV, registration location, claim history, No Claim Bonus and selected covers. The policy schedule and wording determine the final benefits, limits and exclusions.

Protects your own car separately from third-party liability cover

Expert Review of Royal Sundaram Standalone Own-Damage Car Insurance

Standalone own-damage insurance can be useful when third-party liability cover is already in place and the owner wants separate protection for their own car. It does not replace mandatory third-party insurance. Before purchase, check the IDV, deductibles, applicable NCB, vehicle inspection requirements if there is a break in insurance, and the terms of any selected add-ons. The final premium and claim settlement depend on the policy schedule and applicable wording.

Pros

Provides own-vehicle damage protection separately from third-party liability cover.
Covers eligible accidental damage, theft and specified insured perils.
Optional add-ons can extend protection when available and selected.

Cons

An active third-party liability policy is required separately.
Premium varies with vehicle details, IDV, NCB and selected covers.

About Royal Sundaram (Insurer Profile)

Royal Sundaram

Key Insights

Founded

2000

Royal Sundaram was established 26 years ago and has built strong credibility over time, backed by its long-standing presence in the market.

Claims Experience

95% CSR, calculated as a 3-year average

Royal Sundaram settles 95% of all claims it receives, demonstrating strong credibility.

Contact Details

1860 425 0000

Headquarters: Vishranthi Melaram Towers, No. 2/319, Rajiv Gandhi Salai (OMR), Karapakkam, Chennai – 600097, Tamil Nadu, India

Royal Sundaram Standalone Own-Damage Car Insurance Features and Benefits

Accidental damage

Covers eligible physical damage to the insured car caused by an insured accident.

Subject to policy terms, deductibles and exclusions.

Theft

Provides cover for theft of the insured vehicle under the policy conditions.

Settlement is subject to policy requirements and applicable IDV.

Fire and explosion

Covers eligible vehicle damage resulting from insured fire or explosion events.

Refer to the policy wording.

Natural calamities

Specified events such as floods and cyclones may be covered.

Only insured events listed in the applicable wording are covered.

No Claim Bonus

Eligible claim-free policy periods can earn a discount on own-damage premium.

NCB eligibility and transfer rules apply.

Insured Declared Value

IDV is used to determine the insured value for applicable total-loss and theft settlements.

Choose an appropriate value; settlement remains subject to policy terms.

Cashless repair facility

Eligible repairs may be available through the insurer network garage arrangements.

Garage availability, authorisation and claim conditions apply.

Add-ons of Royal Sundaram Standalone Own-Damage Car Insurance

Depreciation Waiver

The official add-on prospectus describes cover for eligible replaced parts without depreciation deductions.

Optional; eligibility and policy conditions apply.

Aggravation (Damage) Cover

The official add-on prospectus describes specified engine, gearbox, transmission and power-steering damage protection from water ingress or oil leakage.

Optional; defined events, limits and conditions apply.

What Royal Sundaram Standalone Own-Damage Car Insurance Does Not Cover (Exclusions)

Conditions or treatments that the policy clearly says it will not cover.

Ordinary wear and tear and routine maintenance are not covered.
Mechanical breakdown is not automatically covered unless an applicable cover specifically provides protection.
Damage while driving without a valid licence or under the influence of alcohol or drugs is excluded under the applicable policy conditions.
Consequential loss and other exclusions specified in the policy wording are not covered.

Disclaimer: For illustration purposes only - exact terms are in the policy wording.

Royal Sundaram Standalone Own-Damage Car Insurance FAQs

What does Royal Sundaram Standalone Own-Damage Car Insurance cover?

It covers eligible damage to your own car from insured events such as accidents, theft, fire and specified natural calamities, subject to policy terms.

Is third-party insurance required separately?

Yes. The vehicle must have active third-party liability insurance. It may be with another insurer, subject to applicable requirements.

Does this policy cover third-party liability?

No. Standalone own-damage insurance covers the insured vehicle, not third-party liability. Maintain separate valid third-party cover.