Bajaj Allianz Car Insurance is one of the leading car insurance providers in India, offering comprehensive coverage to car owners to protect their vehicle against damages, theft, and third-party liability. With the rise in the number of vehicles on Indian roads and the increasing risk of accidents, having car insurance has become a necessity for car owners to avoid financial losses. Bajaj Allianz Car Insurance provides a wide range of policies to cater to the diverse needs of car owners, including third-party liability, own damage, and comprehensive insurance policies.
The Importance of Car Insurance
Car insurance is required by law in India as per the Motor Vehicles Act, 1988. Third-party liability insurance is mandatory for all car owners to cover any damage or injury caused by their car to a third party. However, having only third-party insurance does not cover the damages or loss to your own vehicle if you are involved in an accident or theft. In such cases, own damage or comprehensive insurance policies are recommended to save your financial loss on repairs or replacement.
Bajaj Allianz Car Insurance Policies
Bajaj Allianz offers three types of car insurance policies to suit the individual needs of car owners, including:
1. Third-Party Liability Insurance
This policy covers damages caused by your car to a third party, including injury, death, or property damage. It is the basic policy required by law in India. The premium for this policy depends on the engine capacity of your car.
2. Own Damage Insurance
This policy covers the damages or loss caused to your own car due to accidents, fire, theft, natural calamities, or man-made disasters. It can be bought as a standalone policy or added as an extension to your third-party liability policy. The premium for this policy depends on the age, make and model of your car.
3. Comprehensive Insurance
This policy is the most extensive cover offered by Bajaj Allianz and includes both third-party liability and own damage cover. It also offers additional benefits like personal accident cover, roadside assistance, and zero depreciation cover. The premium for this policy depends on the age, make, and model of your car.
Benefits of Bajaj Allianz Car Insurance
Bajaj Allianz Car Insurance provides several benefits to its customers that set it apart from other insurance providers. Let’s take a look at some of the key benefits of Bajaj Allianz Car Insurance:
1. Cashless Claim Settlement
Bajaj Allianz has a vast network of partner garages where you can get your car repaired without paying cash upfront, as the insurer settles the repair costs directly with the garage. This service saves you from the hassle of arranging the funds for repairs, and the insurer takes care of the repair costs.
2. Personal Accident Cover
Bajaj Allianz Car Insurance offers personal accident cover for both the driver and passengers of the insured vehicle. The coverage includes accidental death, permanent disability or partial disability due to an accident. This benefit is included in the comprehensive policy and can also be added to third-party and own damage policies.
3. 24×7 Assistance
Bajaj Allianz Car Insurance provides round-the-clock assistance to its customers for any car insurance-related issues. Customers can call the customer service helpline for policy renewal, claims registration, or any other query related to their policy.
4. No Claim Bonus
Bajaj Allianz offers a no-claim bonus (NCB) for customers who have not made a claim during the policy period. The NCB can be used to avail of a discount on the premium for the next policy period, reducing the overall cost of the policy.
5. Roadside Assistance
Bajaj Allianz Car Insurance provides roadside assistance to customers in case of a breakdown, flat tyre, or any other emergency. The assistance includes towing, battery jump-start, fuel delivery, and key replacement. This service is available in select locations and can be added as an option to your policy.
M Parivahan
Bajaj Allianz Car Insurance has tied up with the M Parivahan diigital platform for seamless registration and renewal of vehicle insurance policies. M Parivahan is a government-owned portal that allows vehicle owners to register their insurance policies without the need for physical documents. This digitization initiative has made the insurance process much smoother and hassle-free for car owners.
Conclusion
Car insurance is an essential aspect of owning a car, and Bajaj Allianz Car Insurance provides comprehensive coverage and valuable benefits to its customers. Whether you choose third-party liability, own damage, or comprehensive insurance, you can be assured of timely support and hassle-free claim settlements from Bajaj Allianz. With the added benefits of no-claim bonuses, personal accident cover, and roadside assistance, Bajaj Allianz Car Insurance is an excellent choice for car owners who value their peace of mind.
