Bajaj Allianz Car Insurance

Buying a new car is a major investment, but your costs can significantly increase if the car is involved in an accident. Whether small or big, the repair expense of these damages can put a dent in your long-term financial savings. Bajaj Allianz Car Insurance is the ideal way to protect yourself from mounting costs that are likely to be incurred in the long run. It allows you to enjoy long stress-free drives with the assurance that any unfortunate mishap and its related expenses will be properly taken care of.

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  • Overview
  • Renewal
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  • Customer Care

Driving on rough roads and dealing with insane traffic conditions are likely to cause several forms of damage to your car. Whether an insignificant or a severe accident, the repairs of a damaged car can be huge enough to hurt your savings. Bajaj Allianz car insurance will protect you from paying for the costs that are likely to be associated with a car accident. It will pay for the repair of your damaged car and also cover your third-party liabilities. 

 

You are just a few steps away from financially safeguarding your car from risks like accidents, natural and man-made disasters and more.

Why Buy the Bajaj Allianz Car Insurance?

 Bajaj Allianz Car Insurance

You are just a few steps away from financially safeguard your car from risks like accidents, natural and man-made disasters and more. 

How to Buy Bajaj Allianz Car Insurance

You can purchase Bajaj Allianz car insurance on Bajaj Markets by following a simple and hassle-free process. Just follow these five steps to secure the best of the insurance policy for your car:

 

Step 1: Enter your car number & mobile number.

 

Step 2: Fill the application form with some important details of your car.

 

Step 3: Pick the car insurance plan as per your needs.

 

Step 4: Make an instant online payment.

 

Step 5: And that’s it! Your Bajaj Allianz Car insurance policy and details will be issued to you within no time.

How to Renew your Bajaj Allianz Car Insurance Policy

To continue to avail the benefits of your Bajaj Allianz car insurance plan, you must renew it on time. The renewal process is quick and can be completed from the comfort of your home. Here are the steps to renew your car insurance plan:

 

Step 1: Visit the Bajaj Markets or your motor insurer’s website and go to the Car Insurance Renewal section.

 

Step 2: Enter your registration number and mobile number.

 

Step 3: Check your renewal premium.

 

Step 4: Make payment.

 

Step 5: Download policy copy.

Features of buying Bajaj Allianz Car Insurance

With Bajaj Allianz Car Insurance, your car is in safe hands! Here's why:

 

  • 24x7 Roadside Assistance

Car roadside assistance is made available to you 24x7. You can avail of facilities like towing, battery jump-start, hotel & fuel assistance, minor repairs and more.

 

  • Cashless Claim Facility

There are over 4500+ network garages available across the country wherein you can seek cashless claim facility. The claim settlement process is straightforward, fast, and secure.

 

  • Zero Depreciation Cover

Bajaj Allianz offers zero dep cover along with your car insurance so you make the most out of a plan. A zero depreciation cover means the depreciation value of your car will not be deducted from the claim amount. All the parts of rubber, metal, and fibre will be covered under this feature.

 

  • Customisation 

Customers are offered the option of customising their products and services for a better experience. You do not have to limit yourself to the base plan. You can purchase add-ons and further customise the plan to suit your requirements accordingly.

Benefits of buying Bajaj Allianz Car Insurance

There are several reasons why Bajaj Allianz is among the best when it comes to car insurance policies. Customers get to enjoy a number of benefits. These can be better put as:

 

  • Impressive Claim Settlement Ratio (CSR)

The claim settlement ratio of a car insurance company makes a huge impact on its market reputation and overall performance. Bajaj Allianz has maintained an impressive CSR figure of above 98%. The higher the claim settlement ratio, the higher your chances of getting a claim settled

 

  • Hassle-Free NCB Transfer

If you are switching from your existing insurance plan to Bajaj Allianz car insurance, you can transfer up to 50% of the existing NCB.

 

  • Easy Application Process

You can easily apply for Bajaj Allianz Car Insurance on Bajaj Markets online.

 

  • Round-the-Clock Support

Our team of experts is available at your service 24x7 attending to your queries. The team will also guide you through car claim assistance and keep you updated on your claim status.

 

  • Swift Claim Settlement

Filing claims was never so simple. With Bajaj Allianz car insurance on Bajaj Markets, you can get your claims settled instantly.

 

  • Quick Online Renewal

With minimal paperwork and a seamless online process, renewing Bajaj Allianz car insurance is very simple.

What's covered & Not covered in the Bajaj Allianz Car Insurance

All the essential coverage is provided under the Bajaj Allianz car insurance plan. At the same time, there are a few conditions that cannot be covered under the plan. These are known as the exclusions of the plan. Check out the table below to understand the coverage and exclusions of the plan:

Inclusions of Car Insurance Plan

Exclusions of Car Insurance Plan

Terms

Explanation

Terms

Explanation

Third-party Liability Coverage

With Bajaj Allianz Car Insurance, you get covered for third-party damages caused by your car to a third party.

Regular Wear and Tear

Basic wear and tear to the four-wheeler are not covered.

Damage due to Calamities

Loss or damage incurred due to natural or man-made calamities is taken care of under the plan.

War-like Scenarios

Damages caused to your car during a war or similar scenarios are not covered under the policy.

Theft of Vehicle

With Bajaj Allianz Motor Insurance, your vehicle is insured against theft so that you can rest assured.

Lapsed Policy

In case your policy has lapsed when your car is damaged, the policy does not cover any damages incurred.

Repair and Replacement Expenses

Repair and replacement as a result of an accident are covered under the plan.

Illegal Driving

In case of any damages caused when driving without a valid licence or when driving under the influence of alcohol or other intoxicants, insurance does not take care of the expenses incurred.

Personal Accident

The plan offers protection for self and other riders under the Personal Accident (PA) cover

Mechanical or Electrical Breakdown

Any non-accidental damage incurred by your car is not covered under the plan.

Liability-Only Motor Insurance Policy By Bajaj Allianz

In very simple language, Liability-Only Motor Insurance refers to a third-party motor insurance policy. Under this plan, the losses and damages incurred by a third-party person or property (due to the insured car) are covered. The Motor Vehicles Act of India has mandated that all motor vehicle users have a minimum of third-party cover for their vehicle. You can either purchase a comprehensive insurance plan that includes third-party cover as well or go for a Liability-Only motor insurance plan. 

 

Inclusions of a liability-only motor insurance plan

 

  • Death, injury, disability of a third-party person due to accident by the insured vehicle

  • Damages or loss of a third-party property due to an accident by the insured vehicle.

 

Exclusions of a liability-only motor insurance plan

 

  • Death, injury, disability of the policyholder/owner of the insured vehicle

  • Damages or loss of the insured vehicle.

 

Add On Covers Offered By Bajaj Allianz

Add-ons are the extra dose of coverage that you purchase for your motor insurance plan. It lets you widen the coverage of the plan. Bajaj Allianz offers various add-ons for your vehicle so you can customise your insurance plan as per your requirement. Check the list of add-ons given below:

 

  • 24*7 Roadside Assistance

Vehicles can suffer breakdowns at odd hours and it can become tough to find a way through. For such situations, you can purchase 24*7 roadside assistance. Once you inform Bajaj Allianz about the problem, the company will send immediate help to tow the vehicle to a nearby service centre. Also, the company helps you fix minor issues on the road itself to help you continue your ride.

 

  • Engine Protector

Engines may suffer certain issues and, mostly, engine damages are not covered under the base plans. So, with this add-on, you can ensure that your engine problems are also covered. 

 

  • Zero Depreciation Cover

With time, the market value of the car decreases. This depreciation value is calculated and deducted from your claim amount. However, if you have a zero depreciation add-on cover, the depreciation value will not be calculated.

 

  • Key and Lock Replacement Cover

In case you lose your vehicle's key and lock or they suffer damages, you can get it easily replaced if you have a key and lock replacement add-on cover. 

 

  • Consumable Expense Cover

The standard plans of motor insurance do not cover the cost of consumables. However, if you want to cover this part, you can purchase a consumable expense add-on cover. It includes the cost of nuts and bolts, bearings, engine oil, screen washers, etc.

 

  • Accident Shield

Accidents not only hurt the vehicle or the driver but can also severely impact passengers in the vehicle. With an accident shield add-on cover, you can protect not just yourself but also those sitting with you in the vehicle.

Bajaj Allianz Car Insurance Claim Process

Bajaj Allianz car insurance online claim process is equally simple and convenient. Here is an illustration of the steps involved:

  • 1

    Register your claim online

  • 2

    Upload the necessary documents

  • 3

    Our insurer assesses your claim

  • 4

    Claim decision

Why Buy the Bajaj Allianz Car Insurance?

You are just a few steps away from financially safeguarding your car from risks like accidents, natural and man-made disasters and more. 

Bajaj Allianz DriveSmart Service

Bajaj Allianz DriveSmart is a unique and innovative service based on telematics. The primary purpose of this service is to enhance the safety of your vehicle. It monitors the driving patterns and keeps track of your car’s battery and engine condition. Moreover, this service helps identify and track the location of your vehicle, making it a vital offering for enhanced security for you and your car.

Contact Details

The Bajaj Allianz car insurance online team is dedicated to providing you with a great customer experience. Here’s where you can get in touch with them.

 

  • For any Bajaj Allianz vehicle insurance-related claims, you can call the customer care number: 1800 209 5858

  • You can also connect on their WhatsApp service number: +91 75072 45858

  • You can also email them at: bagichelp@bajajallianz.co.in

 

The Bajaj Markets team is committed to serve you better at every point of time. Here’s how you can connect with us, should you need any help with Bajaj Allianz Car Insurance

 

  • You can call us on: 020-66399444 (Mon to Sat - 10 am to 6 pm)

  • You can write to us at: insuranceconnect@bajajfinservmarkets.in

  • You can also login to our Customer Portal - https://www.bajajfinservmarkets.in/cust/#/

  • You can also download the Bajaj Markets App that helps you manage your account and track your applications - anytime, anywhere!

Check Out Car Insurance Plans Available at Bajaj Markets

FAQs on Bajaj Allianz Car Insurance

  • ✔️Which is the best add-on cover for emergencies?

    The 24x7 Spot Assistance Cover, offered by Bajaj Allianz car insurance, provides vital assistance when you truly need it. If you have mechanical issues, engine or battery-related trouble, run out of fuel or have a flat tyre, this cover can provide a towing facility, fuel assistance, transportation and even accommodation around the clock.

  • ✔️What is the benefit of NCB?

    NCB stands for No Claim Bonus. It refers to a discount amount offered to the Bajaj Allianz Car Insurance policy holder during policy renewal. However, to avail NCB, the policy holder should not have made any claim/s during any previous policy tenure.

  • ✔️Which type of insurance plan should I opt for?

    Comprehensive car insurance is a far superior product in safeguarding you from the expenses that you may have to pay due to a variety of damages that can happen to your car in an accident. It is the most financially prudent purchase when it comes to Bajaj Allianz vehicle insurance.

  • ✔️What do you mean by IDV for car insurance? How is this calculated?

    In simple terms, IDV or Insured Declared Value is the current market of your car. It is the maximum sum assured that the car insurance company fixes on the vehicle which is provided only in the event of total loss or theft. This is calculated on the basis of the selling price that is listed by the current manufacturer minus depreciation.

  • ✔️If I sell my car, what will happen to my car insurance policy?

    You can transfer your Bajaj Allianz Car Insurance policy to the buyer of your vehicle by applying to your insurance company in writing. For this, an endorsement needs to be made to the policy. However, do keep in mind the NCB or No Claim Bonus is not transferred and the difference in the amount needs to be paid. The seller (you) retains the NCB.

  • ✔️Is NCB transferable in Bajaj Allianz?

    Yes. If you are transferring your existing motor insurance plan or purchasing it from someone else, the existing no-claim bonus is also transferable.

  • ✔️ Which type of cars does Bajaj Allianz insure?

    Bajaj Allianz provides motor insurance coverage for both personal cars and commercial vehicles.

  • ✔️How much coverage does Bajaj Allianz Car Policy provide?

    There are various coverage options provided under the Bajaj Allianz car insurance plan, like

    • Own damage cover (in comprehensive plans) 

    • Third-Party liability cover

    • Personal accident cover up to ₹15 lakh

  • ✔️How long does it take for Bajaj Allianz to settle its claims?

    The fastest way to settle a claim with Bajaj Allianz is via OTS (Motor On The Spot) feature. This is a mobile application that settles claims within 20 minutes.

Bajaj Allianz Car Insurance - Customer Reviews

Bajaj Allianz Car Insurance - Customer Reviews

3.8out of 5

3 reviews

Prompt Service for Car Insurance

I missed to renew my car policy by one day, I thought it will take time to get approval for my new policy. But the process of Bajaj Allianz car insurance renewal was quite quick. Thanks.

Convenient and Affordable Car Insurance

Getting a Bajaj Allianz car insurance online is so easy. And all the details about the policy was listed out properly. So, I could choose the insurance plan based on my requirements.

Quick service for four-wheeler

Getting the Bajaj Car Insurance was a win-win for me! Thanks to their 24X7 roadside assistance feature, I could call for quick help when my car broke down on the way.