Private Car Insurance Policy

Why do you carry a spare tire? Because you never know when you're going to need one. Car Insurance is no different.

It helps you take care of expenses arising from unexpected events like road accidents, theft and third party liability. Disability, physical injuries, death; the consequences are scary. Also, In the event of an accident, car repairs can cost you a big chunk of money which can throw your finances into disarray.

You'd think you would probably be better off never letting your stallion out of the stable. But where's the fun in that?

Car insurance is the knight in shining armour that covers you and your hard earned money from accident expenses and legal liabilities. Bajaj Allianz brings to you a range of customized solutions that let you indulge your 'need for speed' without excessive worry

What's more, our world class insurance products cover your vehicle against most threats- from theft to accidents - like an invincible force field.

We are all-rounders when it comes to car insurance plans. From easy vehicle insurance renewals, innovative plans, add-ons and best-in-class customer service, we leave nothing to chance when it comes to giving you the experience you deserve.

Our extensive network of garages and 24x7 Roadside Assistance facilities help you get your engines revving in no time. And yes, we believe in cashless service with a smile.

A third party risk policy is a mandatory insurance policy that covers the vehicle owners against risks as per Section 146 of Motor Vehicles Act 1988. The scope of the cover of the third party insurance is to pay compensation for the damage caused to the property of the third party and death due to bodily injuries to the third parties. This does not include damage of your own vehicle.

It is usually not advisable to make claims that are less than Rs. 2000/- since it is less than the NCB you would bear in the corresponding year which is Rs. 2251 (Rs. 11357 Rs. 9006). What is advisable is that when your car gets damaged, get an estimate for the repairs. If the No Claim Bonus you stand to forfeit in the forthcoming year exceeds the estimate, it makes sense not to raise a claim and instead pay for the damage yourself.

You can reduce your motor insurance premium when you maintain a claim free record as the No Claim Bonus which you accumulate and get it translated into discount on the Own Damage Premium.

Another way of reducing cost of premium is opting for voluntary excess, which means opting to bear a certain amount of loss from each claim.

An endorsement is a written evidence of an agreed change to your policy. It is a document that incorporates changes in the terms of the policy. Any changes or alterations that you need to make can be done by way of an endorsement.

An endorsement may be issued at the time of issuing the policy to provide additional benefits and cover (e.g. legal liability to driver) or to impose restrictions (e.g. accidental damage deductible).

The wordings of those endorsements are provided by the insurance company. An endorsement may also be issued subsequently to record changes such as change of address, change of name, change of vehicle etc. at the time of renewal or if and when there's any changes in the address, name or vehicle. The customer needs to contact their local office for the same