Car Insurance in Bangalore

Insurance for a car in the metropolitan city of Bengaluru is a necessity. The city is one of the most congested in India and has thousands of vehicles on the road, resulting in massive traffic. Combined with poor road conditions with multiple potholes, the chances for unfortunate events magnify. Your car insurance ensures financial protection against such mishaps on the road.

Apart from collisions, explosions are also responsible for damages to vehicles witnessed in Bengaluru. With such unforeseen events likely to derail your finances due to high vehicle repair costs, opting for vehicle insurance in India with a reliable company is a priority.

Car insurance ensures that you get the right financial assistance to compensate for losses resulting from accidents. Moreover, motor insurance is also a mandate by the Indian government.

As far as dependability and brand value are concerned, Tata AIG is a preferred insurance company for countless Indians. The commitment to meeting our liability towards policyholders is reflected in an outstanding claim settlement ratio of 99% in FY 2022-23.

*Terms and Conditions Apply

Stand Alone Third-Party Car Insurance

A Third Party Car Insurance protects against the legal and financial liabilities arising due to accidents involving your vehicle causing property damage or injury to another individual.

Pros:

Cost-effective

Simple and quick purchase procedures

Cons:

Damages incurred to your own car are not covered

Add-on coverage options are not applicable

Ideal For:

If you are a person who is good at driving and owns a low-value car that is also minimally used, consider purchasing third-party car insurance in Bangalore.

Stand Alone Own Damage Car Insurance

It is a car insurance policy that covers the damages limited to your insured car due to various reasons, including theft, accidental damages, man-made and natural calamities, etc.

Pros:

Broader coverage

Cons:

Third-party liabilities are not covered

Applicable to cars purchased after September 2018

Limited add-on coverage options

Ideal For:

If you travel frequently in high-risk and accident-prone zones and also own a high-value vehicle, consider purchasing a stand-alone damage car insurance policy in Bangalore.

Comprehensive Car Insurance

The Comprehensive Car Insurance extends financial assistance both for damages to your vehicle as well as to any third party in case of an accident.

Pros:

Enhanced coverage with various add-on options

No Claim Bonus to reduce premium rates

Cons:

Expensive due to the broader coverage

Can involve a detailed documentation process during claim settlement

Ideal For:

If you are a person seeking complete protection for your car while also finding the need to secure funds for third-party damages, purchase a comprehensive car insurance policy in Bangalore.

When you consider the options for insurance coverage and inclusions, the most crucial aspect that comes to your mind is the car insurance cost in Bangalore. Well, the cost is variable and not predefined for the individual type of car.

Various factors affect the car insurance policy premium. Some of the most important ones are:

Insured Declared Value (IDV)- The IDV in insurance is based on your car’s current market value, less the depreciation costs. It is the maximum possible compensation that you can get for your car if it is totally damaged or stolen.

Type of Car Insurance Policy Coverage- The type of car insurance plan, whether third-party, own-damage, or comprehensive coverage, affects your car insurance cost.

Engine Capacity- Cars with a higher engine cubic capacity will attract higher premiums.

Age- The premium for new cars is higher compared to old cars.

Deductibles- If you decide to pay a higher proportion of the claim amount, your premium gets reduced.

Add-on Covers- Add-on covers enhance the coverage. However, it is applicable at an additional premium.

Claims History- If you have not raised any claims during the past policy years, you can accumulate NCB and use it to reduce the premium.

Other Factors- Other factors, including the make and model, location, additional modifications on your car, and security features added, can also significantly affect your car insurance cost in Bangalore.

Best Car Insurance Add-Ons to Get in Bangalore

Insurance for a four-wheeler can be enhanced for the coverage using add-on options. It can be instrumental when you seek additional protection specific to scenarios that you can come across in your life.

For example, let us consider two of the common add-ons: No Claim Bonus Protection and Roadside Assistance.

NCB Protection - If you have raised a claim during the previous policy year, you will lose the NCB discount on the current premium. The NCB Protection will cover this claim and make the NCB discount applicable.

Roadside Assistance - If you are held up on a journey outskirts or even within the city due to a breakdown, with a roadside assistance add-on cover, you can get assistance to get it repaired. It can be servicing a flat tyre, towing your car to the nearest garage, refuelling, etc.

At Tata AIG, we offer 17 add-on options for the comprehensive car insurance policy.

• Zero Depreciation

• No Claim Bonus Protection

• Roadside Allowance

• Daily Allowance

• Key Replacement

• Repair of Glass Fiber and Plastic Parts

• Emergency Transport and Hotel Expenses

• Return To Invoice

• Loss of Personal Belongings

• Engine Secure

• Tyre Secure

• Consumables Expenses

How to Buy Car insurance

• Visit our official Tata AIG car insurance webpage.

• Enter your car's registration number and click on 'Get Price'.

• Enter the details as prompted by the screen about your personal information and car details.

• Select the car insurance policy coverage and add-ons, if necessary.

• We will provide an instant premium quote. If you are satisfied with the premium, you can proceed to buy the car insurance policy online.

How to renew Car Insurance

• Visit our official Tata AIG car insurance webpage.

• Provide your car's registration number and click on 'Renew'.

• Check the car insurance policy coverage and include add-ons, if necessary.

• We will provide an instant premium quote for car insurance renewal in Bangalore. If you are satisfied with the premium, you can proceed to renew the car insurance policy online.

When you want to raise a claim with Tata AIG car insurance in Bangalore, you have two different options: Cashless Claims and Reimbursement Claims.

Cashless Claims

In a cashless claim, you can register with us and take your car to any of our network garages for repair. We will conduct a survey and approve the claim amount. Upon completion, we will pay the applicable claim amount directly to the garage, and you can take your car.

Reimbursement Claims

In a reimbursement claim, you can register with us and take your car for repair to any garage of your choice. Upon completion, you can pay for the repairs, submit the bills and receipts, and we will reimburse you for the expenses.

The choice of claim requests is left to you to decide based on your financial condition and requirements. Cashless claims are simple and hassle-free, while reimbursement claims can have a slightly detailed documentation process.

The documents needed for a car insurance claim can vary based on the individual scenario. Some of the common documents are:

• Duly filled claim form

• Personal details - address and identification proof

• Policy documents

• Legal Notice of the concerned party in case of third-party liabilities

• No Trace Report from the police if your vehicle is stolen

• Hospital bills in case of personal accident claim

• Repair bills from the garage for reimbursement claims

• First Information Report (FIR) for accidents

A garage that is authorised by us and is a part of our network of garages, we pay them directly for your car repairs and, hence, called cashless garages. There are 7500+ garages across India, and they offer faster and good quality repair services.

How do cashless claims work?

Inform us, locate the nearest garage and take your car.

We will survey the damages and approve the claim amount.

Repairs will be done at the garage, and upon completion, we will pay them directly.

Click here to find Tata AIG Cashless Network Garages.

Cashless repairs are only available under comprehensive car insurance policies, and certain services are available only in select cities. You can connect with Tata AIG customer service before moving forward with any purchases.