Car Insurance Renewal

Car Insurance Renewal

A car is not only a valuable asset but also a liability. You have to ensure that you take good care of it so that you don’t experience a breakdown in the middle of the road when driving. At times, despite the utmost care and alertness when driving, unfortunate mishaps do take place. There is nothing much that you can do to avoid it.

The financial burden to repair the damage caused can take a toll on your finances. However, it can be easily manageable when you have a comprehensive car insurance plan under your name. 

As we all know, third party car insurance is mandatory by law. But it offers limited coverage as it only covers third-party liabilities. A comprehensive car insurance plan will cover third-party liabilities as well as damage caused to the vehicle in an accident as well. Hence, it is advisable to buy extensive coverage for your vehicle.

Moreover, to ensure that your car is well-protected at all times, it is necessary to renew your car insurance plan before it expires. The car insurance renewal feels like quite a hassle for a few people. 

But what if we tell you that you can renew car insurance online in just a few clicks? Yes, Bajaj Allianz Car Insurance Plans at Finserv MARKETS offer instant renewal facility. The process is seamless and hassle-free, and you can do it from anywhere, anytime.

Let’s take a look at the benefits of car insurance renewal at Finserv MARKETS online.

Key Benefits of Car Insurance Renewal at Finserv MARKETS

Renewing your Bajaj Allianz Car Insurance Plan at Finserv MARKETS is no rocket science. The entire process is convenient and seamless. Key benefits of renewing car insurance at Finserv MARKETS online are as follows –

1. Seamless Transfer of the No Claim Bonus (NCB)

The No Claim Bonus (NCB) is a benefit you earn for every claim-free year on your car insurance plan. But what happens to the earned benefit when you plan to switch the insurer?

Well, when you switch from your existing insurer to Bajaj Allianz, a 50% transfer of the NCB that you have previously earned is offered. That way, you can use this benefit for a higher sum insured amount or a discount on the premiums charged.

So, don’t worry! Your reward for driving responsibly will not go to waste when you decide to renew car insurance at Finserv MARKETS.

1. Cashless Claim Settlements

You no longer have to worry about breakdowns in the middle of the road. With Bajaj Allianz Car Insurance plans available on Finserv MARKETS, you can avail cashless services at over 4000+ network garages across the country.

You do not have to make any payment to the garage manager, as the insurer will directly settle the expenses once you have submitted the bills along with the claim application.

1. Car Roadside Assistance

Bajaj Allianz Car Insurance plans also offer car roadside assistance. Whether it is a flat tyre, car battery issue, or dealing with legal issues post an accident, you can avail car roadside assistance at any time. Just make a call, and an executive will get in touch with you instantly.

How Do I Renew My Bajaj Allianz Car Insurance Plan?

Follow the steps below to renew your car insurance online at Finserv MARKETS.

1. Enter the previous/existing policy details on Finserv MARKETS online portal

2. Enter the personal and car details

3. Pay the premiums online

4. Upon successful payment, the policy will be issued immediately so that you can continue to reap its benefits