Secure Your Car With The Super Car Insurance Plan!

Believe it or Not! Save upto* 75% on TATA AIG Car Insurance

Secure Your Car With The Super Car Insurance Plan!

Believe it or Not! Save upto* 75% on TATA AIG Car Insurance

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Cashless Garage Facility in Car Insurance

  • Author :
  • TATA AIG Team
  • Published on :
  • 07/07/2022

The Motor Vehicles Act of 1988 mandates for all cars and bikes plying on Indian roads to have a valid insurance policy. Having a motor insurance or car insurance policy protects you from incurring several kinds of unforeseen expenses. For bikes and scooters, you can buy a two-wheeler insurance policy, whereas, for cars or four-wheelers, you can buy a 4-wheeler insurance policy.

Although only a third-party policy is mandatory as per the law, it’s recommended for every car owner to procure a comprehensive car insurance policy. There are several added benefits of having a comprehensive car insurance policy as it provides 360-degree protection for your car. They include:

  • Coverage for mandatory third-party liabilities incurred by the car owner due to an accident involving his/her car

  • Coverage for loss or damage to your car due to any natural or man-made calamities, such as earthquake, tsunami, storm, lightning, flood, fire, riot, theft, burglary, etc.

  • Financial protection against any loss or damage sustained by your car due to a road accident

  • Cashless repair facility at network garages

In the article, we will discuss what a cashless garage facility is and why it is important for a car insurance and two-wheeler insurance policy buyer.

What is a Cashless Garage Facility?

In the world of insurance, providing cashless services by insurers is a very common and critical phenomenon. This concept first started with health insurance policies. You must have heard about the cashless treatment facility with a health insurance plan. Under this facility, you can walk into a network hospital and get treated without having to pay money from your own pocket. The hospital bills, in this case, are settled directly between the health insurance provider and the hospital.

Similarly, in the case of a car insurance policy, insurers offer a cashless garage facility. Under this facility, you can bring your damaged car to a network garage and get it fixed without any out of pocket expense. The owner of the garage and your car insurance company settle the repair bills between themselves.

How Does a Cashless Garage Facility Work?

When you meet with a road accident and your car gets damaged in the process, you need to take it to a nearby garage for repair work. If you’ve secured your car with a comprehensive car insurance policy, you can file a claim on it to recover your car’s repair expenses.

When you file a claim on your car insurance policy, you have two options — you can either pay from your pocket for the repayment of your car and then, ask for a reimbursement of your expenses from your car insurance company. Or else, you bring your car to a network garage to repair it and the bills would be settled directly between your insurer and the garage owner.

If you have purchased a car policy online from Tata AIG, you can find your nearest Tata cashless garages from the list of Tata AIG network garages.

What is A Cashless Garage?

When you buy a comprehensive car insurance policy, you may get a list of its cashless garages in your city. A cashless garage or a network garage is the one that has a tie-up with the insurance company to provide the cashless repair facility to its policyholders.

So, when you take your car to a cashless garage for repairs, you won’t have to pay anything out of your pocket. The expenses are borne by your car insurance company and it pays the requisite amount directly to the garage owner.

However, you need to remember that not all garages are cashless garages. Only those garages that have a tie-up with your car insurance company qualify as cashless garages. To know the name and location of a cashless garage in a particular area, you can contact the helpline number of your car insurance provider. Or you can also look at the cashless garages list of your car insurer by visiting its website.

What Are The Benefits of A Cashless Garage Facility?

With a car insurance policy with cashless garage facilities, you can get your car repaired after a mishap in a quick and hassle-free manner. A cashless garage facility makes the entire car insurance claim process more transparent as compared to the reimbursement claim process.

The following factors determine the importance of the cashless garage facility:

  • Hassle-free repairment of your car

In the absence of a cashless garage facility, you are required to pay for the damages to your car from your pocket and then file for the reimbursement. However, in the case of a car insurance policy with a cashless garage facility, you can ensure the hassle-free repair of your car without having to pay anything from your pocket.

  • Speedy claim settlement

Cashless claims are settled much faster by car insurance providers as compared to reimbursement claims. The settlement of reimbursement claims usually takes seven to ten working days, whereas cashless claims are generally settled within 24 hours. It’s because the insurers are not required to verify repair bills, and they don’t want their customers to wait for the repair of their cars.

  • Priority service

When you take your car to a cashless garage for the repair, you can expect priority services at the garage. Since they have a tie-up with insurance companies, cashless garages provide priority and improved services to their customers. Also, the cashless garages ensure that the best quality services are provided to the policyholders.

  • No unplanned financial burdens

Any loss or damage sustained by your car during a mishap may create an unplanned financial burden on you. Although you can get compensation with reimbursement claims, you may still have to pay for the repairs initially from your pocket. However, with a cashless garage facility, you are not required to pay anything from your pocket as your insurer takes care of the repair expenses.

  • Stress-free driving

With a car insurance policy with a cashless garage facility, you can drive your car with complete peace of mind. You won’t have to worry about the occurrence of any unforeseen mishap and the resulting damage to your car.

Buy Car Insurance from Tata AIG

By now, you must have understood the importance of the cashless garage facility in car insurance. So, you should look at the cashless garages list of an insurer before buying a car insurance policy from it.

With Tata AIG, you can buy a comprehensive car insurance plan from our website. Tata AIG four-wheeler insurance offers more than 5900+ Tata AIG network garages across India. Our cashless garages are spread across all major cities, including Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, and Kolkata.

Other features of the Tata AIG cashless garage policy include:

  • 5900+ network garages across India

  • 650 claim experts for quick and easy claim settlement

  • 98% claim settlement ratio as of the FY 2021-22

  • 75% savings on purchasing a car policy online

  • An easy 3-step process for policy purchase and renewal

  • Availability of 12 unique add-ons

To browse the Tata AIG cashless garages list, you can click here.

To Conclude

The cashless garage facility can be quite useful for you as a car owner. In the case of an accident or a mishap, you can take your car to your nearby cashless garage, and they will repair it without asking for any money from you. All you need to have is a valid car insurance policy with a cashless garage facility. Moreover, the insurers don’t ask for any extra premium for providing this facility to their policyholders.

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Disclaimer / TnC

Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.

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