SBI Car Insurance Renewal

• Get quotes from multiple insurers
• Choose from a variety of zero depreciation and roadside assistance covers
• 3100+ cashless garages

SBI General Insurance Co. Ltd. commenced its operations in 2010 as a joint venture between Insurance Australia Group (IAG) and State Bank of India. The firm has around 19,000 employees including the State Bank Group's employees and more than 8,000 authorised agents catering to the insurance needs in India. The firm has insurance services being provided in close to 21,000 branches of State Bank Group across the country, covering more than a hundred cities.

SBI Car Insurance Renewal Procedure

Car insurance renewal needs to be done online or offline before your existing insurance policy expires:

• Online:

You can visit the SBI general insurance website or download the app and search for your existing insurance policy that is about to expire by entering Policy No./Customer ID and Chassis No./Engine No./Registration No. Once you find the details, you can renew it online via any of the available payment options.

• Offline:

You can visit any of the SBI branches that offer SBI general insurance or meet with the insurance agents to renew your existing policy.

SBI Car Insurance Renewal Key Benefits and Features

SBI car insurance comes with a number of features that are beneficial to the policyholder:

• The motor insurance policy covers third-party liabilities as mandated by the Motor Vehicles Act in addition to loss or damage to the Vehicle itself.
• The policy also provides Personal Accident cover
• The policy provides the following for an additional premium:
  • Covers liabilities towards paid driver
  • Return to Invoice
  • Bi-fuel Kit
  • Key Replacement Cover
  • Nil Depreciation
  • Loss of Personal Belongings
  • NCB Protect

SBI Car Insurance Claim Process

SBI Car insurance claim process involves the following steps:

• As soon as the incident takes place, get in touch with the nearest SBI General Insurance branch office/contact them via their toll-free number 1800 22 1111/send ‘CLAIM’ to 561612/send your details to customer.care@sbigeneral.in and inform them about the unfortunate mishap
• Raise either a cashless claim or a reimbursement claim request
• The insurance personnel you get in touch with will provide you a claim number/id.
• You will have to provide the necessary details and submit the documents for processing your claim request
• The Claims Executive will contact you within 24 hours of raising the claim request to whom you will have to submit the copies of the necessary documents and get them verified against the originals
• Then, SBI General insurance will initiate your claim settlement process and your claim will be settled within 30 days, starting from the day the final survey report was submitted along with the necessary document

SBI Car Insurance FAQs:

1. What are the documents required for processing your claim request?

You need to submit a duly signed claim form, your insurance policy document (original and copy), your driving license and a copy of your car’s RC book.

2. What needs to be done in case of an accident?

Intimate the SBI General Insurance Co. Ltd. via their toll-free number: 1800 22 1111 or send ‘Claim’ to 561612.

3. My vehicle is financed by SBI, will the same be mentioned in my policy?

Yes, it will be mentioned under the financer details in your insurance policy document.

4. Can I cancel my insurance policy midway?

Yes, your insurance policy can be cancelled and the unused insurance premium can be refunded within a short period as long as you have an alternate insurance proof that you can provide and there isn’t an existing claim raised for the closing policy.

5. What should I do with the insurance policy once I sell my car?

You can either cancel the insurance policy or transfer it to the buyer’s name.