Car Insurance Online

Are you paranoid about your car's safety every time you drive it? With potholes-like conditions and reckless driving, any damage caused to your vehicle such as damage to windshields, dents or scratches can burn a hole in your pocket.

Your car is your precious possession and to overcome every minor distress caused to/by your vehicle, you certainly cannot keep draining your savings. And if you do, it can dawn a financial crisis upon you.

Does this mean that you have to quit driving your car altogether? Well, no.

What if we tell you that you can enjoy care-free drives in your vehicle? Yes, you heard us right! With Bajaj Allianz Car Insurance at Finserv MARKETS, get your vehicle insured within minutes. Protect your precious asset against accidents, theft, and loss incurred due to natural and man-made calamities.

 

Reasons to Buy Bajaj Allianz Car Insurance at Finserv MARKETS

 

These are just a few of the many benefits of availing a policy from Finserv MARKETS. If you are still wondering why you should choose us, take a look below –

  • Swift Claim Settlements: Filing claims was never so simple. Follow these steps and you are done –

Claim Process for Car Insurance

Filing claims was never so simple. Just follow these steps and you’re done!

  • 1

    Register your claim online

  • 2

    Upload documents online

  • 3

    Claim Assessment

  • 4

    Claim Decision

  • Process
  • Download
  • Emergency Contact
  • Register a Claim
  • Documents Required
  • Vehicle Repair
  • Claim Settlement
  • Cancellation Process
  • Register a claim

    You would need to register a claim as soon as possible following the accident/theft of your four-wheeler. You can register a claim under your Bajaj Allianz car insurance policy online by visiting the page here or over the phone by dialing our Toll free number - 1800-209-5858, post which you will be connected to our customer care executive who will guide you through the entire Four-Wheeler Insurance claim process. Use the link below to register your claim.

  • Documents required

    Please keep the following information handy while registering a claim:

    • Engine and Chassis Number
    • Accident date and time
    • Description and location of the accident
    • Car inspection address
    • Km. reading
    • Police complaint, in case of theft

    Please note that in case of theft, you would need to file a police complaint as soon as possible, so that when you are registering a claim with us you are able to produce the same, along with the other documents.

  • Vehicle Repair

    Whether your four-wheeler is vandalized, meets with a collision, or gets damaged by some peril, you would need to take it to the garage, if it is in a movable condition, or have it towed there to avoid any further damage.

  • Claim Settlement

    You will have to submit the copies of all the required documents to the garage/dealer who is helping you with your Vehicle Insurance claim and get them verified with the originals. Following which, we will make the payment for the repair directly to the network garage once it is ready to be sent back to you. Do note that you will have to pay the excess amount according to the norms mentioned in your policy that include depreciation amount, salvage etc. which will be informed to you by our surveyor.

    If the loss is not so severe, we suggest that you avail the spot settlement of Four-Wheeler Insurance claims through Bajaj Allianz Mobile settlement service.

  • Company Cancellation

    The insurance provider may cancel your insurance policy providing a written notice 15-days prior to the date of cancellation. If no claim has been made, a refund of the premium for the unexpired policy period shall be provided on a pro-rata basis.

    Your insurance policy will be cancelled for reasons such as non-disclosure of material facts, misrepresentation, fraud and non-cooperation.

  • Customer Cancellation

    As a customer, you may cancel your insurance policy by providing a written notice 15 days prior to cancellation date. If you've made no claims, the insurer will refund short-term rates for the unexpired policy period.

  • Document Checklist
  • Mandate Form for Electronic Transfer of Claim Payment
  • Motor Insurance Claim Form

Line to redirect customers to links category.

  • Document checklist for four-wheeler insurance
  • Mandate form for four-wheeler insurance
  • Claim form for four-wheeler insurance

Need further assistance? Reach out to us on our Toll-Free Number: 1800-209-5858 and our insurance experts will connect with you shortly.

For your better understanding, read more about how to claim car insurance on our platform.

 

  • We Are A Trusted Companion: More than 100 million customers believe in our services. With us, you can be rest assured that all your car insurance-related needs will be taken care of.

  • Round-The-Clock Assistance: Our experts are available at your service anytime and anywhere! So, get in touch with us and put all your queries to rest.

  • Avail Cashless Facility: Car breakdown in the middle of the road? Just walk-in at one of our nearby network garages and get your car fixed. Based on your insurance policy, the payment will be taken care of!

  • Insurance Premium in Instalments: Pay your car insurance premiums on a monthly basis with the Bajaj EMI Card. Enjoy the protection of Bajaj Allianz Car Insurance in easy instalments.

  • Hassle-Free Renewal: Renew car insurance easily at Finserv MARKETS online.

What Is Included in Bajaj Allianz Car Insurance at Finserv MARKETS?

Things that are covered under the policy are as follows –

  • Loss or damage incurred due to natural or man-made calamities

  • Third party liability coverage

  • Repair and replacement expenses

  • Protection for self and other riders

  • The cost incurred due to accidents

What is excluded in Bajaj Allianz Car Insurance at Finserv MARKETS?

Things that a car insurance plan does not cover are as follows –

  • Basic wear and tear to the four-wheeler is not covered
  • Any mechanical or electrical breakdown
  • Damage caused under the influence of alcohol or other intoxicants
  • The loss incurred while driving without a valid driver's license
  • Damage caused when the policy is inactive
  • Damage or loss incurred during a war-like situation
  • Damage or loss incurred due to malicious activities

About Bajaj Allianz Car Insurance

The below table gives a brief description on the two Bajaj Allianz Car Insurance plans available on Finserv MARKETS. These two plans are compared based on certain parameters. Here, take a look!

Parameters

Third Party Plan

Comprehensive Plan

Premium Cost

Low

Enhanced

Coverages

Only Third Party Cover

Accidental damages, Theft, Natural and manmade losses ,Third Party losses

No-Claim Discount/Bonus

Not Available

Available as per eligibility

Owner Driver Cover Up to 15 Lakhs

Optional

Optional

Personal Accident Cover for co-riders

Optional

Optional

Voluntary Deductibles

Not Available

Optional

CNG Kit Coverage

Not Available

Available

Zero Depreciation Cover

Not Available

Optional

Engine Cover

Not Available

Optional

Consumables Cover

Not Available

Optional

Key and Lock replacement cover

Not Available

Optional

Loss of Baggage Cover

Not Available

Optional

Key Features of Bajaj Allianz Car Insurance

One of the best car insurance plans in India is identified based on its hassle-free claim settlements, various features and benefits that it offers, and more. Baja car insurance offers all this and much more. Here, have a look –

Benefit

Information

Cashless Claim Facility

There are over 4000+ network garages available across the country wherein you can seek cashless claim facility. The claim settlement process is straightforward, fast, and secure.

Easy Application Process

You can easily apply for Bajaj Allianz Car Insurance at Finserv MARKETS online.

Hassle-Free No Claim Bonus (NCB) Transfer

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

Quick Online Renewal

Renewing Bajaj Allianz car insurance at Finserv MARKETS online is simple.

24x7 Assistance

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

24x7 Roadside Assistance

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

How to Calculate Your Car Insurance Premium?

The premium amount payable towards your insurance policy depends on the following factors:

  • The make, model, size and age of your car
  • The city/state in which you reside
  • Your claim history, driving history and driving frequency

These factors help get a car insurance quote before you decide to purchase a policy. A quote helps you estimate what your actual premium amount is going to be. Therefore, it is advisable to give accurate information while filing a quote form. Another important factor that plays a vital role in determining your premium amount, is the Insured Declared Value (IDV) of your car. The IDV signifies the current market value of your car. Newer the car, lower will be the premium amount. It is important to understand what is IDV before you calculate your premium amount.

Ways to Lower Your Car Insurance Premium

  • Drive responsibly and take good care of your car
  • Do not make claims for small dents or scratches, this will refrain you from availing the no claim bonus while renewing your policy
  • Opt for higher voluntary deductibles

Looking for ways to lower your premium is not a bad option, but it should not result in choosing a policy with low coverage. At times, having a good add-on cover can be rewarding. For instance, read in detail about the zero depreciation car insurance cover which you should definitely consider buying along with your base policy.

How to Apply for Bajaj Allianz Car Insurance at Finserv MARKETS?

Purchasing car insurance with us at Finserv MARKETS has never been simple. Just follow these five steps, and you are done –

  • Choose the type of coverage you require

  • Fill the application form – with personal and car details

  • We will assess your application

  • Make an online payment

  • The policy will be issued to you in no time

Also, if you have a used car, read along to know how to get used car insurance.

Bajaj Allianz Car Insurance Renewal

To continue to reap the benefits of your Bajaj Allianz car insurance plan, you must renew the same on time. Bajaj car insurance renewal can be done online at Finserv MARKETS from the comforts of your home.

Steps to renew your car insurance plan –

1.       Enter your registration number and mobile number

2.       Check your renewal premium

3.       Make Payment

4.       Download policy copy

Also, do not forget to avail your no claim bonus at the time of policy renewal. This discount will only be given to you at the time of renewal if you have made no claims on your car insurance plan in the previous policy year. 

Benefits Of Renewing Car Insurance

Bajaj Allianz car insurance renewal has its advantages. With us at Finserv MARKETS, you can renew your car insurance plan online at any time and on the go. Some of the benefits of renewing car insurance are as follows –

  • Switch Insurer and Coverage: Most people purchase their first car insurance from the car dealer itself. At the time of renewal, you thus have an opportunity to switch the insurer and review your coverage. Choose a reliable insurance provider that offers adequate insurance coverage fulfilling your requirements.
  • No Claim Bonus (NCB): If you have not made even a single claim during the policy term, then you can avail the NCB. With NCB, you can avail discounts on your premiums starting at 20% and going all the way up to 50%.
  • Add-On Coverage: In case you want to some additional coverage along with your existing coverage, then you can opt for add-ons at the time of renewal. You can seek add-ons such as zero depreciation cover, engine cover, coverage for accessories, and more.

Still Not Convinced?

Third-party car insurance is mandatory as per the Motor Vehicles Act, 1988. If you do not have appropriate motor insurance while driving your vehicle, you may face hefty penalties or imprisonment in extreme cases.

A lot of people buy car insurance because it is mandatory by law. They do not review the policy terms and conditions and find themselves lost in times of distress. Hence, it is essential to evaluate different plans and choose the right one that fulfils your insurance demands.

When purchasing car insurance, many of you are confused between buying third-party insurance and comprehensive coverage.

Don’t worry! We are here to help.

Consider the following table for a better understanding of these two policies –

 

Third Party Liability Car Insurance

Comprehensive Car Insurance

Nature of Benefit

Any damage or injury caused to other people or their property due to your vehicle is financially covered in this plan.

While covering third party liabilities, it also provides financial coverage to you, the driver of your car, and your vehicle as well.

Compulsion

It is mandatory by law under the Motor Vehicles Act, 1988.

It is not mandatory by law. However, it is highly advisable to seek comprehensive coverage as it provides extensive protection to your car.

Nature of Coverage

Damages incurred due to man-made or natural disasters are not covered. Theft and loss caused to your car are not included.

Any damage, theft, or loss incurred due to natural and man-made disasters is covered under this plan.

Read more about what is third party insurance for car to understand the difference between these two policies.

Know more about Car Insurance

Keep your car safe with Bajaj Allianz Car Insurance at Finserv MARKETS – all at affordable premiums. Take a look at our full range of insurance plans across different brands and models, and choose one that best suits your needs.

Why Buy Bajaj Allianz Car Insurance from Finserv MARKETS?

Car Insurance

 Drive worry free with Bajaj Allianz Car Insurance Policy available on Bajaj Finserv MARKETS. Avail benefits like No Claim Bonus and instant claim settlement of up to Rs. 20,000 via the Motor OTS wallet. Get 24*7 roadside assistance and Cashless claims facility across 4,000+ network garages. Renew your car insurance policy within minutes in just three simple steps.

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Buy Car Insurance Instantly on Finserv MARKETS App

Personalized choices for Loans, Cards, Insurance, Investments & UPI Payments along with No Cost EMI offers to shop for a wide range of lifestyle products – discover more on the Finserv MARKETS App.

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Manage all your Car Insurance Questions Here

  • ✔️I have bought car insurance from you. Please help me understand what is covered as part of my car insurance policy.

    Under the Bajaj Allianz car insurance policy, you are covered against the following: 1. Own Damages: This includes damages caused to your vehicle due to theft, fire outbreaks, natural calamities, riots, terrorism and acts arising out of terrorism, accidents, self-ignition and lightning, 2. Third-party damage policy: Only covers legal liability for any damage caused by the policy holder to a third party. This also includes death, bodily injury or damage caused to property of a third party, 3. Personal Accident coverage for the driver-owner: This offers coverage in the event of an unfortunate incident resulting in death or disability of the owner/driver.
  • ✔️What do you mean by NCB for car insurance?

    NCB is the abbreviation of No Claim Bonus and 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.
  • ✔️Are there any add-on covers that I can include in my online car insurance package?

    Here are some of the add-on’s we offer our customers: 1. 24X7 spot assistance where we offer services pertaining to repairing of flat tyres, help jump start the car battery, provide legal advice and assistance to deal with emergency situations, 2. Lock and Key replacement coverage (fitting or purchasing new locks, replacing keys in the vehicle that is insured, 3. Accident Shield: Get compensation for total permanent disability or the death of the occupants (paid driver excluded) or any bodily injury that may be caused due to an accident that occurs when travelling in the car that is covered under the insurance policy.
  • ✔️What do you mean by comprehensive car insurance policy?

    There are two types of car/four-wheeler insurance policies – Comprehensive Car Insurance Policy and Third-Party Insurance Policy. The first provides coverage for own vehicle damage and as well as third-party liability whereas the second option covers only third-party liability. The rules prescribed by the Government of India makes it mandatory to have third-party liability insurance in place. Bajaj Allianz car insurance policy available on Finserv Markets is a comprehensive car insurance plan.
  • ✔️I plan to sell my car. If I do so, 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 (explained in the Motor Insurance page FAQs) 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.
  • ✔️What do you mean by IDV for car insurance? How is this calculated?

    In simple terms, IDV or Insured's 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 of the same. This is calculated on the basis of the selling price that is listed by the current manufacturer minus depreciation.
  • ✔️I want to know what is excluded from my car insurance policy!

    No doubt we offer the best car insurance online, there are certain limitations or exclusions as listed below: 1. Normal wear and tear of the vehicle/general ageing if the car insured, 2. Consequential loss or depreciation, 3. Electrical or mechanical breakdown of the insured vehicle, 4. Normal wear and tear of tyres, tubes. However, if the insured vehicle is damaged at the same time, then the liability amount payable by the insurance company is limited to 50% of the expenses related to replacing that damaged part, 5. Instances where the insured vehicle is used otherwise, beyond limitations, 6. Any damages caused to the vehicle when driven by a person who does not hold a valid license, 7. Damage caused to the vehicle when driven by a person who is under the influence of alcohol or drugs, and 8. Loss or damages caused due to war, nuclear risks or mutiny.
  • ✔️Do your policies offer 24X7 spot assistance. If yes, what does the Bajaj Allianz car insurance policy cover?

    Yes, policies available on Bajaj Finserv MARKETS offer 24X7 spot assistance. It is an add-on feature that provides much coverage against loss of car keys, minor repairs that could include jump starting dead batteries, replacing flat tyres, towing facility, fuel assistance, providing taxi and accommodation for the policy holder and also providing legal assistance.
  • ✔️While paying for insurance premium using my Bajaj EMI Card, do I need to make a down payment?

    Your Bajaj EMI Card is only a tool that helps you pay your insurance policy premiums in installments. At Finserv MARKETS, you do not have to make a down payment when you choose to pay your policy premium via EMI card.
  • ✔️Is there an eligibility criteria to buy an EMI card?

    To be eligible for an EMI card, you should be aged between 21 to 60 years and must have a regular income. You also require the following: 1. An active mobile number, 2. Pan card, 3. Active Bank account 4. Current Address proof (Aadhaar/Voter ID/Driving License/Passport/Rental Agreement/Utility Bills etc. that are in your name.
  • ✔️While paying for my car insurance premium using the EMI Card, can I also pay for any other insurance?

    At Finserv MARKETS, you can make use of your Bajaj EMI card for insurance premium payment of Bajaj Allianz Health Insurance
  • ✔️Does paying via EMI diminish the cover I get during the tenor of premium payment?

    No, paying via EMI doesn’t have any impact on the cover of the policy purchased.

Explore all the car insurance FAQs to find more answers.

Motor Insurance Reviews

Motor Insurance Reviews

3.8out of 5

5 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.

Superfast Service of Bajaj Car Insurance Online

I applied for a Bajaj car insurance online. I am very much happy with the services. The customer support team guided me throughout the process. Keep up the good work.

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.

Convenient and Easy!

Getting the Bajaj Allianz car insurance policy online was so easy. All the details about the policy were mentioned properly, so I could choose the plan easily. Great job Finserv MARKETS!

Happy with the quick online renewal process

When I missed the renewal of my Bajaj Allianz car insurance policy by a day, I thought it will take time to get approval for my new policy. But the online car insurance renewal process of Finserv MARKETS was really quick. Thanks.

Convenient and affordable plan

Getting a Bajaj Allianz car insurance plan online was so easy through Finserv MARKETS. The platform had all the details about the policy listed out properly. This made it easy to choose the online car insurance plan based on my requirements.