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One Day Car Insurance India – Car insurance or four-wheeler insurance is a contract between car owners and car insurance providers that provides 4-wheeler insurance coverage in case of financial loss due to unforeseen events like accidents and natural disasters.
Tata AIG offers third party car insurance, own damage car insurance and comprehensive car insurance policies online and helps you choose the type of cover you need for your car. You can further upgrade your comprehensive car insurance coverage by adding 13 car insurance. Fill in your vehicle details and check the quote to find the right car insurance policy for your four wheeler!
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As of FY 2020-2021 our claim settlement ratio of 98% ensures high settlement ratio for car insurance claims
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With our damage cover for your vehicle, we can cover damages caused by accidents, man-made disasters and natural calamities.
A car insurance or four wheeler policy is essential to protect your vehicle and yourself from various situations and circumstances that can lead to financial loss. Here are some reasons why you should have a third-party or comprehensive four-wheeler insurance policy:
According to the Motor Vehicle Act, a third party car insurance policy is mandatory by law. Therefore, every vehicle plying on Indian roads should have at least third party insurance coverage.
Without the right policy, you can end up in trouble with the law and have to pay huge traffic fines.
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Third party liability arises when the insured four wheeler causes accidental damage to a third party’s vehicle or property or to a third party. Third party car insurance or comprehensive car insurance policy covers third party liabilities and protects the insured car policy holder from financial loss.
At Tata AIG, we offer four wheeler insurance policies with basic and comprehensive coverage to protect you against a range of losses.
If your car or car parts are stolen, your car insurance policy may cover the financial loss and compensate you for the damage to the car or the replacement or repair of the car parts.
In case of total loss (worse than repair) or theft of your vehicle, Tata AIG ensures a quick and easy settlement process to provide you with your car insurance amount.
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A dent or dent on your car can cause financial loss due to an accident or wreck.
Here, auto damage cover or comprehensive car insurance is useful as they provide complete protection to the insured car against various types of damage, theft and accidents, damage from natural calamities and much more.
In the event of a flood, typhoon, storm, earthquake or other natural disaster, your vehicle can suffer extensive damage and repair costs can be expensive.
The financial plan provided by your four-wheeler insurance coverage can help take care of these damages so that your vehicle remains safe and in good condition even in harsh weather.
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With a car insurance policy, you can get a personal accident cover of up to Rs 15 lakh in case of bodily injury, disability or death of the policyholder or the owner-driver of the vehicle, as per the guidelines issued by the insurance regulator and as developed. Authority of India.
With No Claim Bonus (NCB), you can get a discount on renewal OD premium after consecutive claim free years. You start with a 20% discount after the claim-free year, which increases to 50% after the claim-free year.
With a network of more than 5400 cash garages, you can be sure that your car will be taken care of in case of damage or loss. You don’t have to worry about payment arrangements; Claim with us, and we’ll settle the balance with Cash Garage in no time!
Factors to Consider When Choosing Car Insurance The process of buying car insurance is simple but requires time and some research. In addition, it is very important to get at least third party car insurance policy from a legal point of view. Tata AIG understands the importance of the right four-wheeler insurance policy and offers car insurance policies that suit different individual needs and budgets. Below are some factors that you should consider when buying car insurance:
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When choosing four-wheeler insurance, you can choose between basic third-party liability coverage and comprehensive insurance coverage.
While basic third-party insurance coverage is required by law and only covers damage to a third party’s person or property, a comprehensive four-wheeler car policy offers more comprehensive coverage, covering accidental damage, accidental damage and loss. is the. It also provides coverage for theft, natural and man-made disasters and personal accidents.
At TATA AIG we also provide different types of car insurance like comprehensive car insurance policy, stand alone own loss car insurance policy and third party car insurance policy. With this range of options you can find the right type of car insurance for you and your vehicle’s needs.
Your car insurance policy coverage depends mainly on your needs and your budget. Additionally, the make and model of your car, the area you live in and other factors affect policy coverage. While choosing the right insurance policy, you can use the Tata AIG car insurance calculator to calculate and compare the coverage of various policies before making an informed decision.
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When you buy car insurance online or renew your policy, you can consider expanding or upgrading your policy coverage with the help of appropriate add-ons. We offer a set of 19 special add-ons like Key Replacement, Receipt Refund, Engine Safe and others that cater to various situations that are beyond the scope of your car insurance policy. Choosing the right add-on to your car insurance policy can provide comprehensive protection for your four-wheeler.
A vehicle’s IDV or Insured Declared Value is its current market value. When calculating your car insurance, the IDV is important because it is your car insurance. In the case of “total loss” – the total loss of the vehicle or theft – the policyholder receives the declared insured value when the claim is settled. Always choose IDV carefully as a lower IDV means adequate compensation in case of total loss, which means lower policy premium. On the other hand, a higher IDV means paying a higher premium.
If you want to repair your car in case of minor or major damage, you can go to your insurance provider’s network garage to repair the damage. By doing this, you can take advantage of cash claims where the insurer pays the cost of repairs directly to the garage and you don’t have to spend a fortune on repairs!
Tata AIG’s online car insurance calculator makes it easy for you to compare different four-wheeler insurance policies online. Depending on your budget and needs, you can choose the insurance amount, add-ons and then compare different plans to find the right one to protect your car.
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A company’s claims settlement ratio is an important factor to consider when purchasing your car insurance. If your insurance claim settlement ratio is high, it indicates that there is a good chance of settling your claim on time. Similarly, the service offered by the insurance company directly affects the customer loyalty and you should check before buying a four wheeler insurance policy from the company.
Types of Car Insurance Policies from TATA AIG Tata AIG offers several types of car insurance policies, each designed to meet the different needs of car owners and the coverage they require:
A comprehensive car insurance policy offers wider coverage than basic third-party four-wheeler insurance and provides protection against third-party liability and loss due to natural calamities such as accidents, vehicle damage, floods, earthquakes, cyclones, etc. and man-made insects. However, damages caused by driving under the influence of substances and driving outside a specified geographical area are not covered under a comprehensive four-wheeler insurance policy.
If the insured vehicle is purchased after September 2018 and there is financial loss as a result of an accidental damage, your loss coverage will only take care of the damage to the insured vehicle. This policy does not cover third party damage and is applicable only for vehicles purchased after September 2018.
What Is Insured Declared Value (idv) In Car Insurance?
Third party car insurance policy is a basic but legal car insurance policy. It protects you from legal and financial liabilities that may arise due to your insured vehicle causing damage to the person or property of a third party. However, this policy does not cover any damage to the insured vehicle.
There are two basic types of car insurance in India – comprehensive car insurance and third party car insurance. To choose the right policy for your needs, you should understand the difference between third-party and comprehensive insurance policies. Here’s a comparison study to help you decide:
Comprehensive car insurance is a comprehensive cover that protects you against any financial loss caused by damage to your car and any third party involved, i.e. you, your car,
