Bajaj Allianz Own Damage Car Insurance

The Bajaj Allianz Standalone Own-Damage Car Insurance offers policyholders protection for their cars in case of a mishap. In the event of an unfortunate incident, this insurance will compensate the policyholder for the damage to the vehicle, thereby providing protection both to the car and the owner by giving them financial stability in times of crisis. The standalone own-damage car insurance is not compulsory, however, it is a wise choice to purchase this alongside third party insurance.

Standalone Own-Damage Insurance V/S Third Party Insurance V/S Comprehensive Insurance

What is Covered Under Bajaj Allianz Standalone Own-Damage Policy?

Following are features that are covered under Bajaj’s standalone own-damage car insurance policy:

• Road Accidents such as collisions on the road.
• Damages to the car due to fire or explosions.
• Vandalism
• Theft of the car.
• Damage caused due to a natural or man-made calamity, such as cyclones.

What is Not Covered Under Bajaj Allianz Standalone Own-Damage Policy?

The following are the aspects that are not covered under a Bajaj Allianz standalone own-damage car insurance policy:

• Breakdowns caused due to electrical or mechanical failures.
• Any mishap that occurs due to illegal driving.
• Depreciation of the car.
• Unfortunate incidents that occur outside the predetermined geographical boundaries of the insurance.

The list of benefits includes:

• Adds a layer of protection for the car by compensation in case of a fire, road accident, case of vandalism etc.
• The insurance provider offers a No Claim Bonus (NCB) for every claim-free year.
• Add-on covers can be purchased to further strengthen your standard insurance policy.

How To Purchase Bajaj Allianz Standalone Own-Damage Policy?

Step 1: Visit InsuranceDekho and click the ‘car insurance’ tab. A drop-down menu will appear, select ‘Standalone Own-Damage’ from the options.

Step 2: Provide your car’s registration number or its make, model and registration year if you do not have the information with you.

Step 3: Enter your personal details, such as your name and phone number. Next select ‘Submit and Get Quotes’.

Step 4: On your screen, all the quotes in your category will be visible. Select the one offered by Bajaj Allianz and any add-ons you want to purchase with it.

Step 5: Pay for your selected Bajaj Allianz standalone own-damage policy and the policy document will be sent to your registered email ID.