Bajaj Allianz Car Insurance

Bajaj Allianz General Insurance Company is a widely recognized insurance provider and is popularly known for offering a variety of motor insurance products at affordable rates. They majorly provide 3 different types of car insurance plans which are comprehensive insurance plan, third-party liability plan, and standalone own-damage insurance plan. A car insurance policy acts as a safety net for car owners, providing financial and legal protection for any third-party liabilities or/and damages incurred by the insured car during any mishap or accident.

Key Features of Bajaj Allianz Car Insurance

Why Should You Buy Car Insurance with Bajaj Allianz

In today’s time, there are a number of insurance companies that offer car insurance plans which makes it difficult to choose the right company. Listed below are some of the reasons why should buy car insurance with Bajaj Allianz:

• Mandatory Requirement: A third-party car in India is mandatory as per the Motor Vehicles Act of 1988. So, to adhere to motor laws, it is a must to have a car insurance policy.
• Cover Against Damage: With a car insurance plan, policyholders can protect their car against any mishap that takes place on Indian roads. Be it third-party damage or damage to the car, everything is covered under a car insurance plan.
• Add-on Options: Bajaj Allianz has over 10 add-on options available with which you can enhance the car insurance plan benefits even more. Some of the add-on options available are the Key Protector cover, NCB Protector cover, and more.
• 24*7 Assistance: Bajaj Allianz provides 24*7 claim support. You can contact the support team of Bajaj Allianz anytime and get all your queries resolved.
• High Claim Settlement Ratio: With a claim settlement ratio of 98.50%, you can get your car insurance claims settled easily and in a hassle-free manner. The claim settlement ratio indicates the insurer’s efficiency in settling claims.
• Network Garages: There are over 4,000 cashless garages associated with Bajaj Allianz. At these network garages, policyholders can get their car repaired without spending anything from their pocket.

Bajaj Allianz Car Insurance Premium Calculation

Before buying a car insurance plan with Bajaj Allianz, you must check the premium. Bajaj Allianz’s premium calculator lets you estimate the premium you need to pay for buying a desired car insurance plan. Just enter a few details and get premium details in a few clicks with the Bajaj Allianz premium calculator.

Types of Bajaj Allianz Car Insurance

There are different types of car insurance plans that you can buy with Bajaj Allianz such as the following:

• Third-party Car Insurance: Third-party car insurance provides coverage against third-party liability. If a third party is injured due to the insured car, then third-party car insurance will provide the necessary coverage.
• Standalone Own Damage Car Insurance: Standalone Own Damage Car Insurance provides coverage if the insured vehicle is lost or damaged.
• Comprehensive Car Insurance: Comprehensive Car Insurance provides coverage for both standalone own damage and third-party damage. The premium of Comprehensive Car Insurance is higher than the other two.

List of Add-ons Available with Bajaj Allianz Car Insurance

Listed below are the add-ons available with Bajaj Allianz Car Insurance:

• Zero Depreciation Cover
• Key Loss Cover
• NCB Protector Cover
• Engine Protector Cover
• Consumables Cover

Factors Affecting Bajaj Allianz Car Insurance Premium

Several factors influence car insurance premiums, and understanding them can help individuals make informed decisions when purchasing insurance. Here are the key factors:

• Vehicle Make and Model: Expensive or high-performance cars often have higher premiums due to increased repair costs and theft risks.
• Age and Driving Experience: Younger and less experienced drivers are considered higher risk, leading to higher premiums.
• Driving History: A clean driving record with no accidents or violations may result in lower premiums.
• Coverage and Deductibles: Comprehensive coverage and lower deductibles typically lead to higher premiums.
• Credit Score: In some regions, credit history can impact insurance costs.
• Safety Features: Cars equipped with safety devices may qualify for premium discounts.
• No Claim Bonus (NCB): Accumulating NCB over claim-free years can significantly reduce premiums.

Tips to Buy the Best Car Insurance

Before buying a car insurance plan, there are certain things that you need to keep in mind. Some of the key things to consider before buying a car insurance plan are as follows:

• First, and foremost, you must check whether the car insurance premium fits your budget. You should only buy a plan that is affordable.
• You should also check the number of network garages. The greater the number of network garages, the easier it is for you to get your car repaired in a cashless manner.
• Before buying any car insurance plan, you must also check its inclusions and exclusions. Understand with your insurance what all is offered under the plan you are buying.
• Another thing to keep in mind is the claim settlement process and the company’s efficiency in settling claims. You should ideally choose a company that has a higher claim settlement ratio.

Inclusions and Exclusions of Bajaj Allianz Car Insurance

Listed below are the inclusions and exclusions of Bajaj Allianz Car Insurance:

Inclusions:

• Any loss or damage due to a natural activity
• Any loss or damage due to accidents or other man-made activities
• Personal accident cover
• Third-party coverage

Exclusions:

• Normal wear and tear of the vehicle
• Damage to a vehicle if the driver is riding under the influence of alcohol or drugs
• Damage to a vehicle if a driver is riding without a valid driving license
• Any damage due to war, mutiny or nuclear risk

How To Buy Bajaj Allianz Car Insurance With InsuranceDekho?

Here’s a step-by-step guide to buy Bajaj Allianz Car Insurance online with InsuranceDekho:

• Visit the InsuranceDekho website. Click the "Buy" button after selecting the Motor Insurance. You will then need to decide which kind of insurance coverage you want to purchase.
• To view the plans, provide a few details such as the registration state, manufacturer, model, make, year, RTO name, IDV, registration date, etc., and then click the button.
• Choose a car insurance plan from the wide range of coverage quotations available. If necessary, you can also purchase a few add-on covers with your base auto insurance policy.
• Use a debit card, credit card, net banking, or e-wallet to pay for the selected insurance policy quote. Following payment, you will receive the insurance plan document through email.

Advantages of Purchasing Car Insurance Plan Online

Listed below are the advantages when you renew car insurance online:

• On purchasing car insurance online, you can save time.
• When you purchase car insurance online, you can easily complete the process with a few clicks.
• When you purchase car insurance plans online, you also get discounts that will help you in saving car insurance premiums.

How to Renew Bajaj Allianz Car Insurance?

Here is how you can renew Bajaj Allianz car insurance:

• Go to the car insurance tab of Bajaj Allianz
• Enter details like name, email id, car insurance number, and other details
• You will be redirected to the quotes page
• Choose the add-ons you want to include in your plan and pay the Bajaj Allianz car insurance premium
• Finally, you will receive car insurance renewal details on your registered email id.

How to File Bajaj Allianz Car Insurance Claim?

To file a Bajaj Allianz Four-wheeler insurance claim, you must complete the steps outlined below:

• First, report the occurrence to the insurance provider.
• The Bajaj Allianz Insurance team will get in touch with you and start the process after your claim has been filed.
• The entire damage will then be assessed by a surveyor.
• Next, send the necessary documents to the network garage—or any other garage—and have the vehicle fixed.
• When you file a cashless claim, the insurance provider will pay all of your bills directly, and when you file a reimbursement claim, the provider will reimburse the whole amount.

Documents Required to File Bajaj Allianz Car Insurance Claim

Listed below are the documents required to file Bajaj Allianz Car Insurance:

• A copy of the car insurance
• Copy of valid driving license
• Repair bills
• Copy of registration certificate
• FIR
• Duly-signed claim form