In today’s hectic world, most individuals travel in private vehicles rather than rely on public transportation. Owning a car allows one to travel at one’s own choice, time, and convenience, and to protect this freedom from any unforeseen loss or damage, one must insure the vehicle. The same is required under the Motor Vehicles Act of 1988.
In addition to covering damages to your car, vehicle insurance protects you against any legal issues and damages you may owe to a third party. Therefore, it is crucial to purchase comprehensive coverage to cover car damage.
One of the top insurance providers in the country, Bajaj Allianz, also offers comprehensive and affordable motor insurance. In this article, we’ll offer all the information you need to know about Bajaj Allianz’s motor insurance.
An Overview of Bajaj Allianz’s Motor Insurance
Motor insurance policies can only compete with Bajaj Allianz Auto Insurance Policy in terms of robustness and ease. ABP News- Banking, Financial Services & Insurance Accolades recognised Bajaj Allianz General Insurance Company as the “Best General Insurance Company” in the private sector, in addition to other awards and distinctions that acknowledge the company’s dedication to quality and service.
Similarly, the vehicle insurance division’s services are comparable and have been acknowledged for their qualities. Popular is the option to get a Bajaj Allianz Vehicle Insurance Policy online since the company is technologically savvy.
Protection Under Bajaj Allianz Automobile Insurance
In the table below, we’ve listed the cover, benefits, liability and even settlement claims that Bajaj Allianz offers through its motor insurance.
| Features | Bajaj Allianz Offers |
| Expense Cover | Accidents and damage caused by natural catastrophes, or vehicle failure are fully covered. |
| Third-Party Liability | Compensation for the harm done to others |
| Personal Benefits | Financial assistance after serious injuries or permanent incapacity as a consequence of an accident |
| PA Cover | Up to Rs. 15 lakhs |
| Claim Settlement Ratio | 98% |
| No Claim Bonus | Up to 50% |
| Add-on Benefits | Coverage for zero depreciation, breakdown support, conveyance benefit, consumable coverage, and much more |
| Online Services | Paperless insurance registration and administration, online settlements, spot assistance, and coverage acceptance are all digital. |
| Claims Process | Digital – Within 20 minutes* |
Advantages of Bajaj Allianz Automobile Insurance Plans
Listed below are the characteristics and advantages of Bajaj Allianz’s automobile insurance plans:
- Car repair help at 1024+ network facilities where cashless claim settlement is available to policyholders.
- The firm also provides roadside assistance 24 hours a day, seven days a week.
- 24/7 claim support by SMS, email, and phone calls, even holidays
- The Bajaj Allianz Drive Smart Service provides vehicle tracking and monitoring.
- A policyholder may also transfer his or her No-Claim Bonus from an earlier auto insurance policy to Bajaj auto insurance.
- In the event of a breakdown or accident, a policyholder may use the on-the-spot motor service, complete a self-inspection of his or her vehicle, and get claim payment on the spot.
- Additional coverage options, including Conveyance Benefits and Consumable Expenses, are available as part of the auto insurance policy.
- Car insurance policies from Bajaj Allianz provide Personal Accident Cover for policyholders.
- The percentage of claims paid by Bajaj Allianz auto insurance is 98%.
Inclusions of Bajaj Allianz’s Motor Insurance
Mentioned below are the inclusions you can receive with the motor insurance offered by Bajaj Allianz.
- Manmade Disasters: Loss or damage to the insured automobile caused by man-made catastrophes like strikes, riots, etc.
- Natural Disasters: Your motor insurance policy covers damages caused by floods, earthquakes, storms, cyclones, inundation, landslides, etc.
- Third-Party Legal Liability: All legal responsibilities originating from unintentional loss or damage to the property, vehicle, or person of a third party, including accidental death or injury.
- Theft: Damages to the insured vehicle resulting from theft, housebreaking, or burglary.
- In-transit Damages: Any automobile damage that occurred while transporting by train, road, air, inland canal, lift, or elevator.
- Fire: Damages caused by fire, explosion, self-ignition, and lightning are all covered by the Bajaj Allianz motor insurance policy.
Exclusions of Bajaj Allianz’s Motor Insurance
The Bajaj Allianz Motor Insurance will offer cover in the following situations:
- Contractual Responsibility: The Bajaj Allianz vehicle insurance plan does not cover claims from contractual responsibilities affecting the insured vehicle.
- Consequential Deficits: Under its auto insurance policies, the insurance company will not pay for any vehicle-related incidental damage.
- Depreciation: Normal wear and tear leading to the depreciation of automobile body components are also omitted.
- Drunk Driving: Damages to the insured vehicle caused by a motorist under the influence of alcohol are excluded.
- Improper Driving License: No coverage will be granted if the driver was operating a vehicle without a valid driver’s license.
- Breakdown: Damages caused by mechanical or electrical failure of the vehicle are not covered.
- Used for Other Reasons: The resulting losses are not covered if a privately insured vehicle is used for business purposes.
Bajaj Allianz Car Insurance Add-ons
Bajaj Allianz provides customisable add-on plans to meet your needs: Three distinct plans are offered.
1) Best Value
2) Standard
3) Flexible plan
In addition to the 24/7 Roadside Assistance offered with other plans, the Flexible plan includes Depreciation Shield and Engine Protect. Various add-on covers are shown below:
1. Depreciation Protection
If depreciable components need to be repaired or replaced, the cost of such parts is not entirely covered. The insured bears the depreciable cost that has been deducted. However, this coverage covers the whole cost, and the policyholder is not required to pay anything. It is best suited for vehicles with a maximum age of 5 years. The repair must be performed at a Company-authorized garage and is only eligible for up to two acceptable claims.
2. Engine Shield
Water ingression and brake oil leaking inflicting any damage to the engine or gearbox components might cost you a lot of money out of your wallet. This add-on includes the cost of any engine and/or gearbox components loss or damage. There will be, at most, one claim accepted. Prior clearance from the firm is required before beginning the repair operation to guarantee that the claim is allowed.
3. On-the-spot Assistance 24×7
A vehicle breakdown is not entirely unavoidable. In the event of a minor or major breakdown, such as a flat tyre, running out of petrol, and so on, Bajaj Allianz offers high-quality roadside assistance 24 hours a day, seven days a week.
Assistance with
- Any failures.
- Alteration of tires (s).
- Availability of an emergency fuel
- Towing service.
4. Expenses for Consumables
Insurance coverage does not cover the cost of consumables. Nuts, bolts, screws, washers, lubricant, grease clip, AC gasoline, bearings, filtered water, motor oil, oil filter, fuel pump, brake oil, and so on.
5. Accident Protection
This add-on compensates the passengers in the event of long term disability or death as a result of an accident when traveling in the insured vehicle.
6. Conveyance Advantage
If unintentional damage is approved and the covered automobile is in a workshop, the insured will get a daily cash benefit based on the plan chosen by the insured. Suppose the covered vehicle is at a garage or workshop for maintenance. In that case, the policyholder will be compensated with a daily allowance or per day cash, depending on the plan chosen by the policyholder.
7. Personal Baggage
If the personal luggage carried in the covered vehicle is lost or destroyed due to the risks listed in the Own Damage, the policyholder will be compensated.
8. Replacement Lock and Key Cover
If you lose the keys or the lock is damaged during a burglary attempt, the price of repair and/or replacements will be reimbursed. There is a limit of two claims per policy term.
Bajaj Allianz Car Insurance Claim Procedure
To raise a claim, you’ll need your policy document. If you’ve misplaced them, you can consider Bajaj Allianz motor insurance policy download from the website. Here are the different ways you can raise a claim:
To raise a claim, use the following contact information:
| Channel | Information |
| Website | http://www.bajajaallianz.com/ |
| Toll-Free | 1800-209-5858 |
| customercare@bajajallianz.co.in | |
| Find the nearest garage | 020-66439001/2/3 |
Steps to take and papers to bring:
1. Automobile Accident Claims
- Contact Bajaj Allianz as soon as possible at 1800-209-5858.
- File a claim with a legally signed Claim Form and a copy of your driver’s license, RC book, policy document, and FIR, if applicable (Kindly take down the contact information of the people and vehicle number involved in the accident)
- In the event of cashless service, simply the invoice receipt is required.
- In the event of reimbursement, produce an estimated bill, the actual invoice, and the payment receipt.
2. In Case Of A Car Theft Claim
- Contact Bajaj Allianz as soon as possible at 1800-209-5858.
- File a claim with a legally signed claim form, original keys, a copy of your driver’s license, an RC book, and a copy of your policy paperwork. a copy of the FIR
- Forms 28, 29, 30, and 35 was duly signed.
- Police final certification with “No Trace Report” of the insured car
3. In The Event Of Third-Party Claims
- Contact Bajaj Allianz as soon as possible at 1800-209-5858.
- File the claim with a signed claim form and a copy of the police FIR.
- Copy of driver’s license, policy, and vehicle’s RC book.
Step-by-step claim procedure:
- Step 1 – The first step in filing a claim is to contact the Bajaj Allianz motor insurance customer care Toll-Free Helpline at 1800-209-5858.
- Step 2 – Schedule an appointment with the surveyor and bring your car to any of the Bajaj Allianz General Insurance-approved network outlets for repair for cashless service. Submit the necessary survey papers
- Step 3: The company confirms its responsibility.
- Step 4 – If cashless payment is feasible, the firm will settle repair costs directly with the mechanic up to the amount owed.
- Step 5 – If you do not choose the cashless option, you must pay for the repair expenses and return the invoices and the claim application to the surveyor/company for payment.
- 6th Step – Vehicle Delivery
FAQs
1. How to purchase and apply for Bajaj Allianz Car Insurance?
Purchase and apply for Bajaj Allianz vehicle insurance online using the company’s official website or Coverfox.com.
2. How can I check the status of my Bajaj Allianz vehicle insurance?
You may check your Bajaj Allianz auto insurance at the company’s official website or Coverfox.com.
3. How can I renew my Bajaj Allianz insurance policy that has expired?
If your automobile insurance has expired, you must take the following steps:
- Visit the insurer’s or online broker’s website.
- Select the premium renewal option.
- Log in with your associated email address and password.
- Make the payment online.
- The policy will be sent to your mailbox.
4. What are the advantages of purchasing Bajaj Allianz Comprehensive Car Insurance?
Aside from immediate policy and hassle-free claim processing, the following are the advantages of purchasing the Bajaj Allianz Car Insurance coverage:
- It covers personal damages caused by natural or man-made disasters.
- It offers coverage for the risk of car theft.
- It protects you against third-party responsibility and property damage.
- Add-on coverage may be added to the standard comprehensive insurance.
- Year after year, you may get savings via the No Claim Bonus 4000+ Cashless Garage Networks.
5. How can I earn discounts if I don’t make any annual claims?
When renewing your policy, you may indicate the number of claim-free years each year. No Claim Bonus is a reduction on your premium depending on the number of claim-free years you have.