Tata AIG General Insurance Company Limited was established in the year 2001 and since then, it has offered a list of innovative products to its customers that have been made available to its clients through agents and brokers. The company has a renowned name in the car insurance industry. It is a joint venture between the TATA Group and the American International Group (AIG). The company has more than 200 branches spread all over the country with a current asset base of approx Rs.10,050 Crores. The company has also entered into a partnership with Banks, Non-Banking Financial Corporations, Housing and Finance Corporations. The company’s workforce includes more than 400+ product experts and the customer service team comprises more than 450 customer service staff. It has also provided a robust digital platform to enable the online distribution of its products.
Tata AIG Car Insurance provides suitable coverage against loss or damage to the car caused due to any natural disaster, man-made calamities, theft, accident, etc. It offers a huge list of 3800 network garages across India.
|Parent||Tata Sons (74%) American International Group (26%)|
|Number of Locations in India||160|
|Number of Licensed Agents||10,328|
**Last Updated on 05-11-2020
Tata AIG General Insurance Company Ltd. offers a simple procedure to its customers for easy online renewal of your car insurance policy. Please keep the details of the policy and proceed with the following steps:
PolicyX.com allows renewing your car insurance policy online within 10-15 minutes. Make sure to follow the below steps carefully:
Customer Support: To provide the required assistance to the customers, the company is always on high alert with the respective teams. They work seamlessly to solve all your queries on time.
Easy Application Process: The process is faster and easier than ever. You just have to fill out the necessary details, submit the required documents and you are just a step away from buying your policy.
Discounts: If you have installed an anti-theft device in your car or you are an active member of a recognized automobile association, the company will proudly offer you certain discounts.
Premium calculation is crucial prior to purchasing a car insurance policy as it may vary depending on several factors. You can easily calculate your premiums using the premium calculator provided by PolicyX.com.
In this table, we will show the premium calculation of different car variants along with their zero depreciation cover and IDV.
|Car Variant||Price of the Car||IDV*||Zero Depreciation (Add On)*||Estimated Premium*|
|FIAT Urban Cross Active (1248 cc)||Rs. 6,77,618||Rs. 5,82,255||Rs. 2,329||Rs. 14,313|
|Hyundai EON Petrol 10 Era (998 cc)||Rs. 6,81,000||Rs. 3,59,864||Rs. 2,415||Rs. 11,847|
|Maruti Suzuki Dzire LXi (1197 cc)||Rs. 5,89,000||Rs. 4,40,088||Rs. 2,055||Rs. 13,781|
|TATA Tiago Revotron XE (1199 cc)||Rs. 5,13,000||Rs. 3,13,956||Rs. 1,256||Rs. 12,111|
Table Data updated on 05-11-2020
**The values are calculated on the basis of the registration year as 2020 and Delhi city.
Policyholders need to immediately report emergencies and accidents to the insurer after attending to self and others' care. You can either SMS ‘CLAIMS’ to ‘5616181’ or call at 24x7 toll-free helpline number 1800-119-966. You can also write an email at general[dot]claims[at]tata-aig[dot]com.
Unnecessary and unexplained delays in reporting incidents may lead to the cancellation of the claims.
In order to get timely assistance, policyholders must be ready with the following:
The claim representative will reach the destination after claim intimation for the survey. The representative will examine the car, mark all the damages and prepare a report. The survey report will be then verified by the insurer according to the clauses of the policy. On successful verification, the insurer will approve the claim for settlement purposes.
On approval of the claim, the whole amount (subject to depreciation costs for rubber and plastic parts as mentioned in the policy) will be settled and paid to the policyholder.
Registered Office Address: Tata AIG General Insurance Company Limited, Peninsula Business Park, Tower A, 15thFloor, G.K.Marg, Lower Parel, Mumbai-400 013, Maharashtra, India.
Telephone (Toll-free): 1800-266-7780, 1800 266 1363
Phone: 1800 22 9966 (only for senior citizen policy holders)
Fax Number: 022 66938170
Email: customersupport[at]tataaig[dot]com (Any queries or complaints regarding your car insurance policy)
Registered Office 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.
Email: firstname.lastname@example.org (For assistance & complaints), email@example.com (For any Sales query)
Toll-Free Number: 1800-4200-269
There are many discounts that you can get with Own Damage Premium for membership of the Automobile Association of India, Vintage Cars (Pvt. Cars certified by the Vintage and Classic Car Club of India); Installation of ARAI approved anti-theft devices.
No, loss of wallet and jewellery will not be covered under Tata AIG Car Insurance.
Yes, you can opt for a ‘Tyre Secure’ add-on cover that provides replacement of 4 damaged tyres due to accident during the policy tenure.
No, roadside assistance cover of Tata AIG car insurance is only for private cars and not for commercial cars.
Yes, you can ask for a change in the IDV of your insured car with Tata AIG car insurance by calling on the toll-free number (1800-266-7780) and placing a request. This can be done only during the renewal of the policy as per the terms and conditions of Tata AIG.
No, there is no limit for making claims of Tata AIG car insurance policy. However, the number of claims cumulatively should not exceed 75% of the IDV value.
No, a comprehensive auto insurance policy of Tata AIG does not come along with zero depreciation cover. You will be required to opt for the same separately.
Yes, Tata AIG car insurance policy offers direct settlement benefit only if the car is repaired from an authorized workshop or garage.
The applicable GST (Goods & Services Tax) for an auto insurance policy of Tata AIG Car Insurance is 18%.
Yes, you can place a request for modifications in existing add-ons as well as opt for new ones at the time of policy renewal of Tata AIG Car Insurance.
Last updated on 05-11-2020