Bajaj Finserv’s car insurance provides a comprehensive and affordable solution for protecting your vehicle. With flexible coverage options, a range of add-ons, and an easy application process, it’s never been easier to find the right car insurance near you. By comparing different car insurance quotes and selecting the right policy, car owners can ensure peace of mind, knowing that their vehicles are well-protected against any risks.
Bajaj Finserv provides car insurance that offers both affordability and extensive coverage, helping car owners protect their vehicles from damages, theft, and other risks. Starting at just ₹2,094 per year, these insurance policies ensure that even expensive repairs and replacements can be handled without financial stress. Whether you’re searching for “car insurance near me” or looking for “car insurance quotes,” Bajaj Finserv has options to meet every need.
Why Car Insurance Matters
Car insurance is not only mandatory under the Motor Vehicles Act of 1988 but also a critical safety net. A good insurance policy can protect you from significant out-of-pocket expenses in case of an accident, natural disaster, or theft. By offering the flexibility to compare various policies and their benefits, Bajaj Finserv makes it easier for car owners to find the right coverage.
Comprehensive Coverage Options
Bajaj Finserv provides a range of car insurance policies to suit different needs. Whether you need a basic third-party insurance plan or a more comprehensive cover, there are options available. For those who seek extensive protection, a comprehensive insurance plan is the best choice, covering both your vehicle and third-party liabilities.
Features and Benefits
Bajaj Finserv’s car insurance offers various features and benefits that make it an attractive option. These include instant claim settlements, 24×7 assistance, and access to a wide network of cashless garages across India. When looking for car insurance, these features are essential for ensuring a hassle-free experience.
Choosing the Right Insurance Provider
Several car insurance providers offer policies through Bajaj Finserv, each with unique benefits. For example, Bajaj Allianz Car Insurance has a claim settlement ratio of 98.54% and a premium starting at ₹2,094 per year. HDFC ERGO Car Insurance offers a similar starting premium with a slightly higher claim settlement ratio of 99%, along with access to over 8,200 cashless network garages.
Applying for Car Insurance
Getting car insurance through Bajaj Finserv is a straightforward process. Customers can use the ‘Car Insurance Premium Calculator’ on the Bajaj Markets website to get accurate car insurance quotes. By entering some basic details about the vehicle and the owner, users can compare different policies, select the best one, and complete the purchase online.
Types of Car Insurance
Bajaj Finserv offers three main types of car insurance:
- Third-Party Insurance: This is the most basic form of coverage, mandatory by law, and covers damages to third parties but not to your vehicle.
- Standalone Own Damage Cover: This policy covers damages to your car but does not include third-party liabilities. It’s ideal for those who want to protect their vehicle without paying for full coverage.
- Comprehensive Insurance: Combining third-party and own damage cover, this policy offers the most extensive protection for your vehicle and third-party liabilities.
Add-on Covers for Enhanced Protection
To customize your policy further, Bajaj Finserv offers several add-on covers. These include:
- No Claim Bonus (NCB) Protection: This add-on keeps your NCB intact even if you make a claim during the policy year, helping you maintain a lower premium during renewal.
- Roadside Assistance Cover: Provides 24×7 support in case of a breakdown, including towing services, flat tyre repair, and even cab arrangements.
- Zero Depreciation Cover: Covers the depreciation costs, ensuring you don’t have to pay out-of-pocket expenses for wear and tear during claims.
- Engine Protector Cover: Extends your policy to cover engine damages, which are usually not included in standard car insurance.
- Daily Allowance: Offers financial support for alternate transportation if your car needs extended repairs.
- Lock and Key Replacement Cover: Covers the cost of replacing lost or damaged keys and locks.
- Tyre Cover: Protects against the cost of replacing tyres in case of damage, making it more affordable.
- Return to Invoice: Ensures you receive the full invoice value of your car in case of total loss or theft.
- Personal Accident Cover: A mandatory cover that provides compensation in case of injury, disability, or death due to an accident.
- Personal Baggage Cover: Covers the cost of lost or damaged personal belongings, such as laptops and clothes, but may exclude items like jewelry or cash.
- Passenger Cover: Extends coverage to passengers, offering compensation for injuries or death due to an accident.