Bajaj Allianz Car insurance Company is a renowned name in the General Insurance industry. It is basically a consolidated collaboration between Bajaj Finserv Limited and Allianz SE. With the expertise of many years in the general insurance industry, the company carries a reputation of stability and strength. In May 2001, the company received the registration certificate from IRDAI and since then the company is delivering great products to cater to different needs of consumers. Bajaj Allianz comes out as one of the financially robust insurers by maintaining growth and profitability as well. The company also receives iAAA rating from ICRA for the highest claim paying ability and holding a strong position in the industry.
4000+ Network garages
To provide ease, the company is offering cashless claim settlement with 4000+ network garages
When your car gets immobilized in between of the road, don’t panic Bajaj Allianz will there to rectify it.
The customers can easily renew their Bajaj car insurance policies by just sharing few details of your insured cars.
The company is great at offering quick services. You can easily get the best insurance plan instantly and can renew the existing one within a few minutes.
Different Forms of Policies
The company is offering multiple car insurance plans to cater to different needs of yours. You can choose the best one as per your vehicle requirements.
To provide more ease and comfort to the insured, the company has come out with 4000+ garages that will help the insured with cashless claim settlement.
24*7 Customer Assistance
The team of Bajaj Allianz Car insurance is always there to help you in the hour of need, whether it is about claim or any other query.
No Claim Bonus
With the motive of saving more, the company is offering great discounts in the form of NCB. By investing in any Bajaj car insurance policy, you will be entitled to get NCB ranging from 20% to 50 %.
To cater to the different needs of customers, Bajaj Allianz has is offering multiple insurance products and helping people in insuring their vehicle successfully. Below is the list of such effective insurance plans for your perusal:-
Bajaj Allianz car insurance is an all-round car insurance policy. The policy covers your vehicle from all aspects like an ideal car insurance plan. With the same, you insure yourself and your vehicle from road accidents, theft, among others. It also assists you with the cashless claim settlement at network garages and a lot more! To enhance your car insurance policy cover, you can also opt for add on covers. Along with this plan, you are getting 24*7 roadside assistance to assist you in the hour of need.
What it covers?
Bajaj Allianz Third Party-Liability only insurance cover offers legal liability towards third parties for personal injury, death and property damage from an accident where your vehicle is involved. This insurance policy offers the required peace of mind to the insured along with the confidence of driving on Indian roads.
What it covers?
Commercial vehicle third party liability only insurance policy is also known as the act only cover. It is a mandatory cover that you should have if you own any commercial vehicle to stay away from any legal trouble. This policy doesn't offer any coverage to the insured’s vehicle but it takes care of all financial losses and legal liabilities which may come out of an accident caused to a third party.
What it covers?
To enhance the basic cover, Bajaj Allianz Car Insurance Company offering a few add- on- covers which are enough to deal with any road emergency. Below is the list of such helpful add on covers:-
24*7 Spot Assistance
Along with coverage in all over the country, the company is offering on-spot assistance to deal with an accident or breakdown at any time and anywhere. Legal assistance services will also be there with flat tire repair, replacement, car battery jumpstart, and other such emergencies cover.
Lock & Key Replacement
It is a helpful add on the cover that will help you to deal with the expenses of the cost of replacement of car keys in case they are lost or stolen. Moreover, locks of the insured vehicle will also be liable to get the required cover.
This add on cover will help you to get the cover against bodily injury that may occur because of permanent disability or an unfortunate event such as death. It is also available for other passengers apart from the driver.
Cover For Consumables
In case of damage to consumables such as the engine box, AC, gas oil, brake oil, power steering oil, engine oil, etc, the cost of replacement and repair will be covered by the insurance provider.
Your personal belongings which are there in the car such as laptops, mobile phones, etc, are damaged or lost due to an unfortunate incident will be liable to get the cover
Bajaj Car Insurance is one of the insurance companies that offers complete security and peace of mind to the customer. There are a few documents that you will require to insure your vehicle with Bajaj Car Insurance Company
Please keep in mind that insurer can ask for additional documents as well. Alternatively, when you are applying for the Bajaj Allianz Car Insurance plan online, there will be no such demands of original documents on an immediate basis. On purchasing the policy online, your vehicle will get insure instantly and the hard copy of the same will be shared within 7 working days. Moreover, the company will share a soft copy instantly.
Whether it is a minor breakdown, theft, accident or any incident, the Bajaj Allianz Car insurance claim process is easy and hassle free as well. The company follows a simple claim process which is not complicated at all. There are several ways through which you can register a claim easily. You can make a call to the company through the toll-free number or even file the claim online as well.
If you are going to use the toll-free number to register the claim, the company will assign a customer care executive to help you further with the entire claim process. If it is a case of accident or theft, you must make sure to file a complaint in the nearest police station as soon as possible. Also, it is highly important to keep basic details such as Date/time of accident/theft/fire, Policy number, Location of accident/theft/fire, etc, Location of accident/theft/fire, etc, Km reading and Police complaint number handy as the insurer can ask for it any time.
Cashless Claim Process for Bajaj Allianz Car Insurance
You can get the cashless claim service in any network garages across the country. Below is the procedure to file a cashless claim:
Reimbursement Claim Process for Bajaj Allianz car insurance
Bajaj Insurance Company has become a preferred choice of customers when it comes to car insurance purchase. The reason behind the huge success is its 4000+ network garages which are providing cashless services and 75% on account payment in case of reimbursement. With 24*7 roadside assistance, Bajaj Allianz manages to gain the hearts of its customers.
The company is offering effective car insurance plans which are with appropriate add-on features to offer wider coverage to customers. WIth a proven fast and easy claim settlement record, the company is in the list of top insurance companies for your car insurance purchase.
NCB refers to the No Claim Bonus which is basically a form of discount that the insured get for every claimless year at the time of renewal of your policy. It is applicable only for those who did not file any claim in the last year policy.
A few benefits include
Instant issuance of policy through soft copy
24*7 customer assistance
Easy and quick claim settlement
Wider cover and cashless service as well
Yes, you can easily transfer your NCB when you are switching the plan or the insurance company. It is completely associated with the claim free record and on changing insurer, you can easily carry the same with the new insurance company.
If you do not pay attention to the renewal of your car insurance on time then your policy may get lapse. In the case where your policy got lapse, then your vehicle has to go through the inspection. If you hold any NCB and you have not renewed the existing policy within 90 days, then you will not be liable for NCB benefits as well
In India, there are basically two forms of car insurance policy that you can purchase-Comprehensive Motor Insurance policy or Third Party Insurance policy. Under a comprehensive insurance cover, you will get coverage on own vehicle and third party liability also which is referred to a complete cover.
IDV is basically the existing market value of your car in the current market. It is a value that is fixed on current/ ex-showroom price - Deprecation value or by Mutual understanding between the policyholder and insurance company for vehicles above 5 years or obsolete model.
Suppose, you met with an accident and the repair amount comes up to Rs 5000 then you have to pay around 1000 or 2000 rupees as a compulsory deductible or compulsory excess. It completely depends up to you, as if you have chosen the voluntary deductible option then only you have to pay the amount otherwise the insurer will take care of the same.
Many insurers have defined a period for which the insurance cover is applicable. In India, you can insure your vehicle for 1 or 3 years. Both the policy start date and end date will be mentioned in the policy’s documents. At the end of the policy, you have to renew the same for further insurance cover.
Last updated on 01-07-2019