Car Insurance
Let’s get you started on your car insurance journey!
Key Features of Car Insurance
| Key Features | Benefits of Car Insurance |
|---|---|
| Savings & Affordable Premiums | Save up to 75% on car insurance premiums by buying your policy online |
| Claim Assistance | Our 650 claim experts across India ensure an easy and quick claim process for you |
| High Claim Settlement Ratio | Our 98% claims settlement ratio as of FY 2020-2021 can assure a high settlement ratio for car insurance claims |
| Cashless Repairs | Our network of over 10,000 garages ensures cashless services for your car repairs |
| Damages to Third Party | Damages to a third party or third-party property are covered |
| Own Damage Cover | With our Own Damage cover for your car, we can cover damages from accidents, man-made disasters, and natural disasters |
| Customizable with Add-ons | Up to 13 add-ons to protect your four-wheeler with an all-round car insurance policy |
| No Claim Bonus | Up to 50% discount on car insurance premiums after 5 consecutive claim-free years |
| Buy/Renew Car Insurance Online | Quick renewal of your car insurance with an easy 3-step process with Tata AIG |
Why Do You Need Car Insurance
Compliance with the law
According to the Motor Vehicles Act, having a third-party car insurance policy is compulsory by law. Therefore, every car plying on Indian roads must be covered at least by 3rd party insurance. Without a valid policy, you could get into trouble with the law and have to pay hefty traffic fines.
Protection from third-party liability
Third-party liability arises when the insured four-wheeler causes accidental damage to a third-party vehicle or property or injuries to a third-party person. Third-party car insurance or even a comprehensive car insurance policy covers these third-party liabilities and protects the policyholder of the insured car from financial damages. At Tata AIG, we offer four-wheeler insurance policies with basic and extensive insurance coverage to protect you from a host of damages.
Cover against theft
If your four-wheeler or the car parts are stolen, then your car insurance policy can cover the financial damages and compensate you for the loss of the car or the replacement or repair of the car parts. In case of total loss (damaged beyond repair) or theft of your car, Tata AIG ensures a quick and convenient settlement process to provide you with the sum insured of your car.
Protection against financial losses
A bump or deep scratch on your car due to an accidental collision or an act of vandalism can lead to financial damages. Here, an Own Damage cover or comprehensive car insurance is useful as they offer complete protection to the insured vehicle from various kinds of damages, right from theft and accidents to damage due to natural disasters and more.
Cover against natural calamities
In case of floods, cyclones, storms, earthquakes or other natural calamities, your car can face significant damages and the extent of repairs can get costly. The financial plan provided by your four-wheeler insurance cover helps take care of these damages so that your car is safe and in good condition even in harsh weather.
Personal Accident Cover
With a car insurance policy, you can avail of a personal accident cover of up to ₹15 lakhs, as per guidelines issued by the Insurance Regulatory and Development Authority of India, in the event of bodily injuries, disability or even death of the policyholder or the owner-driver of the vehicle.