Bangalore, officially named Bengaluru, is the capital of Karnataka state. Bangalore is India's third most populated city and is known for its pleasant climate all year round. The city of Bangalore is synonymous with the 'IT capital of India.' It is also known as the 'Silicon Valley of India' as it is the leading Information Technology hub. The foremost IT companies worldwide have their offices in Bangalore. Bangalore is the largest city of Karnataka and has an urban population of more than 12 million. A significant fraction of this population uses a car for their transportation requirements; therefore, having the best car insurance in Bangalore protects you from the accidents and thefts linked to your car.
Whether it may be a natural or man-made calamity, being uncertain and unpredictable, they cause a lot of damage to your car. When you have car insurance in Bangalore, you need not worry about your financial security during such scenarios.
Car insurance in Bangalore provides third-party liability coverage if your car is involved in an accident. Your car insurance protects you from the legal liabilities arising due to death/injury to a third party.
The No Claim Bonus (NCB) facility is one of the perks of car insurance. You are eligible to avail of these NCB benefits for each claim-free year, generally offered as a discount on the insurance premium. Therefore you can reduce your car insurance cost in Bangalore.
One of the best advantages of car insurance in Bangalore is that it provides up to a certain amount of personal accident coverage. This coverage protects against total disability or death caused due to the accident.
The Motor Vehicles Act (1988) mandates third-party insurance for all vehicles in India. Therefore having valid car insurance in Bangalore safeguards you from fines or challans while driving on the road.
Read More: Car Insurance Add-On Cover
Read ahead to understand why you should avail bike insurance in Bangalore online and which are the best car insurances in Bangalore.
Car insurance plans available on the Bajaj MARKETS platform are Bajaj Allianz General Insurance, HDFC ERGO General Insurance and Acko General Insurance car insurance policies. Check out the features of different policies for car insurance in Bangalore here.
|
Bajaj Allianz General Insurance |
Acko General Insurance |
HDFC ERGO General Insurance |
Category |
Comprehensive |
Comprehensive |
Comprehensive |
Insured Declared Value |
Depends on the car make and model. |
Depends on the car make and model. |
Depends on the car make and model. |
Coverage |
Own damage, liability against third party cover, personal accident cover |
Own damage, liability against third party cover, personal accident cover |
Own damage, liability against third party cover, personal accident cover |
Tenor |
One year |
One year |
One year |
Premium |
Depends on the car make, year and model. |
Depends on the car make, year and model. |
Depends on the car make, year and model. |
Personal accident cover |
Available |
Available |
Available |
Claim settlement |
98% |
95% for FY 2020-21 |
99.8% for FY 2020-21 |
Key replacement cover |
Available |
Available |
Available |
No claim bonus cover |
Available |
Available |
Available |
Depreciation protection |
Available |
Available |
Available |
Engine protect cover |
Available |
Available |
Available |
Roadside assistance |
Available |
Available |
Available |
Consumable expenses |
Not available |
Available |
Available |
Claim registration process |
Digital |
Digital |
Digital |
With comprehensive car insurance, you can also avail the cashless claims facility at network garages. All you have to do is take your car to the nearest network garage that’s associated with your insurance provider and get it repaired. With this facility, you can repair your vehicle without paying the bill. The repair and replacement costs will be directly settled by the insurer. Regardless of which four-wheeler insurer you choose through Bajaj MARKETS, you can have access to a wide network of car insurance partner garages.
Regardless of which four-wheeler insurer you choose through Bajaj MARKETS, you can have access to a wide network of car insurance partner garages.
1. Bajaj Allianz: You can see the list of the Bajaj Allianz Car Insurance network garages in Bangalore on this page.
https://apps.bajajallianz.com/gmlocator/locate-garages.php
2. Acko: You can check the list of the Acko Car Insurance network garages in Bangalore on this page.
https://www.acko.com/garages/
3. HDFC ERGO: You can check the list of the HDFC ERGO Car Insurance network garages in Bangalore on this page.
https://www.hdfcergo.com/locators/cashless-garages-network
To enhance your safety cover on the road, you can opt for comprehensive or third-party coverage. You can visit the Bajaj MARKETS website and choose from the different policies of car insurance in Bangalore to drive stress-free on the road.
Comprehensive car insurance provides coverage for the damage caused to your vehicle and covers all the third-party liabilities.
Yes, you can easily renew your car insurance policy on Bajaj MARKETS. The process is straightforward; you just need to enter your car's registration number and previous policy details and complete the payment.
Car insurance in Bangalore can be easily transferred to the new owner; you just need to contact your insurance provider and follow the suggested method.
Yes, you can claim tax benefits if your car is used for commercial purposes, this helps you to reduce your car insurance cost in Bangalore. However, if used for personal purposes, you cannot claim the tax deduction.
If your car is stolen, you can easily claim your insurance cover. You should immediately register your claim online and lodge an FIR with the nearest police station. The FIR copy is required for claim settlement.
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