Bajaj Allianz is a renowned name in the general insurance industry in India. It is 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 for stability and strength. In May 2001, the company received the registration certificate from IRDAI and since then, the company has been delivering great products to cater to different needs of the consumers. Bajaj Allianz comes out as one of the financially robust insurers by maintaining growth and profitability. The company also received iAAA rating from ICRA for the highest claim paying ability and holding a strong position in the industry.
Bajaj Allianz General Insurance offers multiple effective yet affordable car insurance plans which are equipped with great features and benefits to assist you better.
Car insurance is mandatory in India and so does its timely renewal. Bajaj Allianz Car Insurance allows its customers to easily insure their cars and quickly renew their existing plans. There are two ways of renewing your car insurance- through PolicyX.com or from the official website of Bajaj Allianz General Insurance. Let's find out more about them.
Bajaj Allianz Car Insurance comes out with useful features and benefits to assist you better in the hour of need. Let's take a look at them.
The company is offering multiple car insurance plans to cater to your different needs. You can choose the best one as per your requirements.
To provide more ease and comfort, the company has come out with 4000+ garages that will help the insured with cashless claim settlement.
The team of Bajaj Allianz Car Insurance is always there to help you in the hour of need, whether it is about the claim or any other query.
With the motive of saving more, the company is offering great discounts in the form of NCB. By investing in any Bajaj Allianz Car Insurance Policy, you will be entitled to get NCB ranging from 20% to 50%.
Time is of the essence and in case of an emergency, people need quick assistance. Fortunately, Bajaj always tops this service. They always give priority to those customers who are having a rough day.
Car insurance owners have to pay a fixed amount of premium to keep their policy active so that they can easily deal with unwanted emergencies in the hour of need. To know how much you have to pay to keep your car insurance active, you must use the car insurance premium calculator which is available on our site.
The simple formula that most people use to calculate car insurance premium is:-
Premium = Own Damage Premium – (No claim bonus + discounts) + Liability Premium as Fixed by the IRDAI + Cost of Add-ons
HYUNDAI CRETA-1.4L CRDI 6-speed manual base diesel
Audi A7- 1.4L CRDI 6-speed manual base diesel
MARUTI VITARA BREZZA - 1.4L CRDI 6-speed manual base diesel
Table Data updated on 05-11-2020
*The values are calculated on the basis of the city (Delhi) and year of registration (2020)
To enhance the basic cover, Bajaj Allianz Car Insurance Company offers a few add-on covers which are more than capable to deal with an emergency. Below is the list of such helpful add-on covers:-
Along with basic features, the company is offering roadside assistance (anytime & anywhere in India) to deal with an accident/breakdown. It will also assist with flat tire repair/replacement, car battery jumpstart, etc.
It is a helpful add-on cover that will look after 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 financially protect you 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.
In case of damage to consumables such as the engine box, AC, gas oil, brake oil, power steering oil & engine oil, the cost of replacement and repair will be covered by the insurance provider.
Your personal belongings in the car such as mobiles, laptops, etc. which are damaged/lost due to an unfortunate incident will be liable to get the cover.
Bajaj Allianz Car Insurance offers a unique service called Bajaj Drive Smart. It is an exclusive vehicle tracking system that keeps an eye on your vehicle's status (engine and motor condition) while analyzing one's driving pattern.
Following Are The Benefits of Bajaj Drive Smart
Whether it is a minor breakdown, theft, accident or any incident, the Bajaj Allianz Car insurance claim process is easy and hassle-free. 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 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/others, Km reading and police complaint number handy as the insurer can ask for it without any notice.
There are two ways to register a claim- via a toll-free number, mail or online process. Below is the procedure to file a claim online:-
In case of approval or rejection, the company will directly communicate you through call, SMS or email.
Bajaj Allianz General Insurance Company
Tollfree: 1800-209-0144 | 1800-209-5858
Email id: bagichelp[at]bajajallianz[dot]co[dot]in
Registered Address: Bajaj Allianz House, Airport Road, Yerawada, Pune-411006
PolicyX.com Insurance Web Aggregator
Contact number: 1800-4200-269/1800-4203-180
Email id: firstname.lastname@example.org
Registered Address: PolicyX.Com Insurance Web Aggregator Private Limited
1st Floor, Landmark Tower, Plot no-2, Southcity-1, Opposite C-113, Ashok Marg, Sector-41, Gurugram - Haryana - 122001 India.
A few benefits include-
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 insurers, you can easily carry the same with the new insurance company.
NCB refers to the no claim bonus which is basically a form of discount that the insured gets 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.
If your policy lapses, 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.
Comprehensive Motor Insurance is an all-round car insurance policy. The policy covers your vehicle from all aspects (like an ideal car insurance plan) along with the third-party liability cover. With the same, you insure yourself and your vehicle from road accidents, theft among others.
Whereas, Bajaj Allianz Third Party-Liability protects third parties for personal injury, death and property damage from an accident where a policyholder’s vehicle is involved.
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.
If you met with an accident and the repair amount comes up to Rs. 5000, then you have to pay around Rs. 1000 or 2000 rupees as a compulsory deductible or compulsory excess. It completely depends on 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 and later renew the same. 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 Aug 2022