Car Insurance Bangalore

Bangalore is one of the most popular and crowded metropolitan cities in India. Due to the increasing population and increasing number of vehicle users who contribute to heavy traffic, there are increasing number of accidents taking place. To financially protect the car owners from unforeseen liabilities as a result of any unfortunate road mishap, it is always a good idea to avail a car insurance.

Types of Car insurance Available in Bangalore

There are two kinds of car insurance plans being offered in Bangalore:

• Comprehensive Car insurance

A comprehensive car insurance covers third-party as well as own damage liabilities at the time of a mishap.

• Third-party Liability Cover

A third-party liability car insurance plan covers third-party liabilities alone at the time of a mishap.

Top Car Insurers in Bangalore

A number of car insurers in Bangalore offer good car insurance plans, a few among them are mentioned below:

• Bajaj Allianz General Insurance
• Bharti AXA General Insurance
• HDFC ERGO
• ICICI Lombard

Car Insurance Policy Purchase and Renewal in Bangalore

You can avail a car insurance, either comprehensive or third-party, online or offline, depending on your convenience.

• Online Purchase/Renewal of Car Insurance Policy

You can visit any of the official insurance websites or third-party insurance websites to purchase or renew your car insurance policy. The in-built premium calculator present on these websites will help you get an estimate of your insurance premium based on which you can make the right decision.

• Offline Purchase/Renewal of Car Insurance Policy

You can also visit the nearest branch office of the insurer or meet with an insurance agent to discuss your options and buy a suitable car insurance plan.

Car Insurance Claim Process in Bangalore

When you file a claim, there are certain steps involved before you can get your claim settlement. Below mentioned are the steps involved in the claim process:

• Inform the insurer as soon as the mishap takes place and raise a claim request
• File an FIR at the nearest police station, in case of an accident or theft and obtain a copy of the same
• An authorised surveyor will be sent to inspect your vehicle and assess the total damage incurred
• Submit the relevant document copies to the surveyor and get them cross-verified with the originals
• Once all your documentation is found to be in order, the surveyor will permit you to get your car fixed at the nearest garage
• In case of a cashless claim, have your car towed or take your car to the nearest cashless garage and get it repaired. Post all the repair work, the insurer will pay the garage directly for the services rendered
• In case of a reimbursement claim, take your car to the nearest garage and get it repaired. You have to pay the garage for the repairs made and submit the supporting receipts to the insurer to claim the reimbursement for the amount spent by you on the vehicle repairs

Car Insurance Inclusions and Exclusions

Car insurance in Bangalore comes with certain inclusions and exclusions such as:

• Inclusions:
  • Third-party liabilities
  • Damage/loss as a result of natural calamities
  • Damage/loss in case of theft
  • Own damage liabilities
  • Damage/loss as a result of man-made calamities
• Exclusions:
  • Damage/loss when the policy has expired
  • Damage/loss if a private vehicle was being used for commercial purpose and vice-versa
  • Damage/loss if the driver was under the influence of alcohol or drugs
  • Damage/loss due to nuclear perils or wars
  • Damage/loss if the driver was underage or didn’t have a valid license

Car Insurance Add-ons Offered in Bangalore

Insurers in Bangalore offer certain add-ons with the comprehensive car insurance policy to increase the insurance coverage, a few of them are mentioned below:

• Key Replacement Cover
• Zero Depreciation Cover
• Engine and Circuit Protect Cover
• No Claim Bonus Protection Cover
• Return to Invoice Cover

Discounts Offered on Car Insurance Premiums in Bangalore

Insurers in Bangalore offer a n umber of discounts on the car insurance premium, a few of them are mentioned below:

• Discount if you have installed ARAI approved safety devices in your car
• No Claim Bonus Discount
• Discount if you have opted for a higher voluntary deductible
• Discount if you are a member of any automobile associations in India
• Professional Discount