Protect your vehicle with a motor insurance policy starts at just ₹538 !
Instant policyVia website and app
Wide rangeof add-ons
5,700+ garagesfor cashless repairs
Fast & easyClaim settlement
Car
Bike
Instant policyVia website and app
Wide rangeof add-ons
5,700+ garagesfor cashless repairs
Fast & easyClaim settlement
Motor Insurance
According to the Road Accidents in India 2023 report, India recorded 4,80,583 road accidents (a 4.2% rise year-on-year), with two-wheelers accounting for around 48.6% of the total and four-wheelers (cars/ LMVs) accounting for about 11.7%.
This highlights the risk of accidents and the heavy repair or replacement expenses that vehicle owners may have to manage on their own.
With a motor vehicle insurance policy, you can cover these unexpected expenses at an affordable premium and safeguard your savings.
What is Motor Insurance?
Motor insurance is a type of insurance policy that covers the financial losses or damages to your vehicle caused by accidents, theft, natural disasters, and man-made disasters. It also ensures legal compliance by covering third-party bodily injuries, death or property damage caused by your insured vehicle.
For example, if you are on a long drive and unexpectedly meet with an accident that damages your vehicle as well as another vehicle, a motor vehicle insurance plan helps pay for the repair costs of both, as per the policy coverage.
In addition, you can customise your motor insurance policy with optional add-ons for enhanced protection. For instance, in the case of an accident on a long drive, a roadside assistance cover can help tow your vehicle to the nearest garage.
TATA AIG offers a range of motor insurance plan options with multiple optional add-ons to help you customise the coverage based on your driving conditions and usage. You can also benefit from the convenience of cashless repairs at 5,700+ network garages across India.
Why Do You Need Motor Insurance in India?
Legal Compliance
As per the Motor Vehicles Act, 1988, having third-party motor insurance in India is mandatory. In addition, following a recent Supreme Court order, all new vehicles must be sold with long-term third-party insurance.
It is 3 years for four-wheelers and 5 years for two-wheelers from the time of purchase. Failing to comply with this legal requirement can lead to hefty penalties.
Financial Cover against Damages
Even the safest driver can face unexpected accidents. Also, natural disasters like earthquakes and cyclones, man-made disasters such as strikes and riots, and thefts are events we hear about frequently.
According to the General Insurance Council’s FY2023-24 report , close to 95 lakhs motor own damage insurance claims were settled during the financial year, with total payouts of around ₹27,302 crore.
Any damage or loss due to these reasons can lead to costly repair expenses. With a motor vehicle insurance policy, you can cover a wide range of such risks and protect yourself from sudden financial burden.
Protection from Third-Party Liability
Third-party liability becomes an issue when the insured vehicle accidentally damages a third-party vehicle or property or injures a third-party individual.
Third-party vehicle insurance protects the policyholder from having to pay for repairs or hospital bills for the third party from their own pocket.
Key Features of TATA AIG Motor Insurance
Features of Motor Insurance
Details
Online Purchase
Buy motor insurance online in just a few simple steps with minimal documentation.
Affordable Premiums
Choose affordable motor insurance plans online with premiums starting at just ₹538 per year.
Various Motor Insurance Plans
Explore car insurance, bike insurance, electric vehicle insurance, commercial vehicle insurance, and auto rickshaw insurance plans.
Multiple Vehicle Insurance Plan Options
Choose between the third-party motor insurance, own damage motor insurance, and comprehensive motor insurance plans.
Personalised Policy Options
Customise your motor insurance policy by choosing from a wide range of over 20 optional add-ons.
Pay-as-you-drive Option
Choose a motor insurance policy where the coverage and premium are based on your actual usage (such as the number of kilometres you drive in a year).
Hassle-free Claims
Experience a seamless cashless or reimbursement claim settlement process, from initiating claim intimation and document submission to final settlement.
Digital Process
Buy, renew, claim, and manage your motor insurance policy easily through the TATA AIG app.
Extensive Cashless Garage Network
Benefit from access to 5700+ network garages across India for cashless repairs.
24/7 Customer Support
Get round-the-clock customer care support for product and claim-related queries.
No Claim Bonus
Benefit from a no claim bonus every claim-free year with discounts of up to 50% on the own damage premium.
Types of Motor Insurance Plans Offered by TATA AIG
1
Car Insurance
Car insurance is a type of motor insurance policy that covers damages to your car (due to theft, accidents, natural disasters, and more) and third-party injuries, death and property damage caused by your insured car. TATA AIG offers three types of four-wheeler insurance plans: third-party car insurance, own damage cover, and comprehensive car insurance.
You can choose a comprehensive car insurance policy for complete protection and customise it with a wide range of add-ons. This includes options, such as depreciation reimbursement, tyre secure, engine secure, NCB (No Claim Bonus Protection), and roadside assistance.
You can also benefit from a personal accident cover that offers up to ₹15 lakhs for accidental death and disability for the owner-driver.
Also Read: Temporary Car Insurance & Monthly Plans
Buy Car Insurance
2
Bike Insurance
Bike insurance is a type of motor vehicle insurance policy that offers financial protection against damages incurred to your bike and third-party liabilities arising from accidents caused by your insured bike.
TATA AIG offers three types of bike insurance plans: third-party bike insurance, own damage cover, and comprehensive bike insurance. You can also benefit from a long-term two-wheeler insurance plan that offers insurance coverage for 3 to 5 years.
You can also customise a bike insurance policy with add-ons, such as depreciation allowance, return-to-invoice cover, tyre and rim secure, and more, specific to your needs.
Buy Bike Insurance
3
Electric Vehicle Insurance
Electric vehicle insurance is a type of motor insurance policy designed specifically for electric vehicles. It offers coverage for risks unique to electric vehicles with unique add-ons, such as electric surge secure and zero depreciation on the battery.
TATA AIG offers different types of motor insurance options under this category for both electric cars and bikes, including third-party insurance, own damage cover, and comprehensive insurance plans.
Buy EV Bike Insurance
Buy EV Car Insurance
4
Commercial Vehicle Insurance
A commercial vehicle insurance policy is a type of motor insurance policy that offers financial protection against damages caused to vehicles used for business purposes.
TATA AIG offers commercial vehicle insurance plans for Ola/Uber, Taxi, and Tourist Vehicles.
You can also explore our Auto Rickshaw Insurance plans that offer both third-party and comprehensive insurance coverage.
Buy Commercial Vehicle Insurance
Types of TATA AIG Vehicle Insurance Plans
There are three different types of motor vehicle insurance plans.
Third-party Motor Insurance
Third-party motor insurance covers third-party liabilities arising from your insured vehicle. This includes third-party bodily injuries, death, and property damage. It does not cover damages incurred to your own vehicle.
For example, if your vehicle is involved in an accident that causes damage to another vehicle and injuries to its rider or driver, a third-party insurance policy can cover the medical expenses and repair costs of the third party.
Own Damage Motor Insurance Policy
An own damage insurance policy is a type of motor insurance policy that covers the financial losses arising from damage incurred to your vehicle. This includes damage caused by accidents, natural calamities, and man-made disasters. However, it does not cover damage to a third party, their vehicle or property.
For example, if your vehicle is damaged due to a cyclone, your own damage motor insurance policy can help cover the repair costs.
Comprehensive Motor Insurance Policy
A comprehensive vehicle insurance policy covers both damages to your vehicle and third-party liabilities. It includes the third-party insurance cover and own damage cover.
For example, if an accident results in excessive damage to both your vehicle and a third-party vehicle, a comprehensive motor insurance policy can cover the repair expenses for your vehicle and the third-party vehicle.
Benefits of Buying TATA AIG Motor Insurance Policy Online
Easy Comparisons
When you purchase your vehicle insurance policy online, you can compare the various options available easily. You can review the features, benefits and premiums online to choose a suitable policy.
Saves Time
Buying vehicle insurance online is a quick process. You do not have to meet with an agent and discuss your options. You can enter your vehicle details and purchase a motor insurance policy in a few minutes.
Quick Access to Online Calculators and Policy Documents
You can access our policy documents online. We also offer simple and user-friendly calculators to determine the premium quotes online. It is a significant advantage of motor insurance online. All you need to do is provide your vehicle details and choose the type of vehicle insurance coverage.
Paperless Process
In today’s digital world, you no longer need to submit hard copies of your documents to get your vehicle insurance policy. The entire purchasing and renewal process is completely paper-free and completed online.
Fast Digital Verification
With advancements in technology, we ensure a seamless and hassle-free verification process. Simply enter your details accurately, and we will fetch your vehicle information. Your application and documents are then quickly verified to enable faster processing.
Immediate Issue of Policy
When you purchase a policy online, you don’t have to wait for a hard copy of the motor insurance policy to reach your home address. As soon as you make the payment, a soft copy of your vehicle insurance policy gets sent to your email address.
Customisable Coverage
TATA AIG offers a wide range of add-on options that allow you to customise your motor insurance policy based on your specific needs. You can include them, review the premium quotes, and choose them as necessary when you buy motor insurance online.
Completely Secure
We offer multiple online payment options. With our TATA AIG app, you can complete your premium payment transactions securely.
Quick Renewal
The online renewal process is simple, easy, and instant. You can review your existing coverage, enhance the coverage by revising the IDV, and include add-ons. You can also retain your NCB and continue securing the coverage without any break.
Why Choose TATA AIG Motor Insurance?
Brand Reputation
Experience a trusted and reliable insurance journey backed by over 20 years of industry expertise.
Customer-centric Approach
Count on a customer-first approach built on the trust of over 5 crore customers.
Instant Policy Issuance
Buy online motor insurance instantly by entering your vehicle registration number and get recommended policy options.
Multiple Plan Options
Compare and choose from short-term and long-term motor insurance policies to determine the best motor insurance based on your needs.
Wide Range of Add-ons
Customise your policy with over 20 add-ons, including specialised add-ons for electric vehicles.
No Claim Bonus
Benefit from a No Claim Bonus of up to 50% on your own damage premium.
Personal Accident Cover
Get a personal accident cover of up to ₹15 lakhs for accidental death or disability of the owner-driver.
Wide Network of Cashless Garages
Access cashless repair services at over 5700 network garages across India.
Digital Processes
Experience seamless digital processes for quick verification, policy management, and other services.
Seamless Claim Settlements
Initiate and track claims online through a smooth and hassle-free claim settlement process.
24/7 Claim Support
Get your queries resolved anytime through our 24/7 customer support number (022-6489-8282).
Chanchal Bisht | Health Insurance Customer Testimonial
For Mrs. Chanchal Bisht, nothing matters more than the safety of her son. During a school trip, her ... Read More
Madhavi Sheth | Health Insurance Customer Testimonial
For Dr. Madhavi Sheth and her husband, taking good care of their health is a top priority. When she ... Read More
Dimple & Saurabh Jain | Health insurance Customer Testimonial
Mr. Saurabh Jain invested in TATA AIG Health Insurance, hoping he'd never need it. Unfortunately, wh... Read More
What’s Covered in TATA AIG Motor Insurance Policy?
Theft of the Vehicle
If your vehicle gets stolen or is accidentally damaged beyond repair, we will reimburse you the Insured Declared Value (IDV) of your vehicle.
Damages due to Natural Disasters
Damages caused to your vehicle by a natural disaster, such as a cyclone, earthquake, or flood, are covered under motor insurance coverage.
Damages due to Man-Made Calamities and Fire
Damages caused to your vehicle by strikes, riots and other malicious man-made calamities and fire due to lightning, self-ignition and explosions are covered under a motor insurance policy.
Accidental Damages
After an accident, your vehicle may end up with a few scrapes and dents or may need extensive repairs. Motor insurance policy provides coverage for these accidental damages.
Transit Damage
If your vehicle gets damaged during transit, via waterways, roadways, airways or railways, the repair expenses are covered under a motor insurance policy.
Third-Party Liability
If you happen to meet with an accident and another individual is hurt or their property is damaged, your motor insurance policy will help cover the related expenses.
Personal Accident Cover
Offers protection against permanent total disability, death and major injuries caused to the owner-driver as a result of an accident.
What’s Not Covered in TATA AIG Motor Insurance Policy?
Unauthorised Driving
- Damages suffered after driving without a valid or proper driving licence.
- Damages caused by driving under the influence of alcohol or drugs.
Geographical Limitations
If the vehicle is used outside the geographical area specified in the vehicle insurance policy, that is, outside India.
Wear, Tear, and Maintenance
- Ordinary wear and tear due to regular usage and depreciation.
- Costs incurred towards the general maintenance of the vehicle.
- Reimbursement of only 50% of the cost for the replacement of consumables due to wear and tear.
Improper Use and Negligence
Engaging in Risky Activities
Loss or damages due to speed racing, crash testing, or similar activities.
War and Nuclear Risks
Damages caused due to war, war-like situations, or nuclear perils.
Add-on Related Exclusions
Damages that are covered only under a specific add-on when the add-on has not been included.
Add-on Covers in Motor Insurance
Here are some popular add-ons available with Motor Insurance:
Depreciation Reimbursement/ Allowance
Covers the depreciation amount deducted under the own damage vehicle insurance claim.
Return-to-invoice Cover
Covers the difference between your vehicle’s Insured Declared Value (IDV) and its original on-road price, including registration and road tax.
Consumables Cover
Covers the cost of consumables such as engine oil, gearbox oil, lubricants, nuts and bolts, screw, grease, distilled water, and oil filter.
Emergency Medical Expenses
Covers emergency medical expenses incurred for bodily injuries sustained by you or your co-passengers due to an accident that damages your vehicle.
Additional Third-party Property Damage Cover
Provides extended coverage for damage caused to third-party property, up to the specified limit under the motor insurance policy.
Road Side Assistance
Offers repair and towing assistance, including service for flat tyres, flat battery jump start, emergency fuel delivery and hotel accommodation.
Engine Secure
Covers the repair and replacement expenses for loss or damage to internal engine parts and gear box and transmission.
Things to Consider While Buying Motor Insurance Online
Type of Vehicle Insurance Plan
Assess your driving conditions and usage to choose the right plan, between third-party, own damage, or comprehensive motor insurance.
- Third-party insurance - Legally mandatory and covers injuries, death, and property damages caused to a third party.
- Own damage motor insurance - Covers damages incurred to your own vehicle only.
- Comprehensive motor insurance - Covers both third-party liabilities and damage to your own vehicle.
Insured Declared Value (IDV)
The Insured Declared Value (IDV) is your vehicle’s current market value after accounting for depreciation. It is the maximum amount that you will get in case of a theft or total loss. Ensure the IDV is adequate and reflects the actual value of your vehicle.
Optional Add-ons
Motor insurance plans offer a wide range of optional add-ons like Depreciation Reimbursement, Roadside Assistance, Engine Secure, and Tyre Secure. Explore the add-ons available and choose add-ons that provide additional protection based on your needs.
Deductibles
Deductibles refer to the amount that you need to pay during a claim settlement before we cover the remaining amount. Check the applicable deductible amount before you buy motor insurance.
Policy Inclusions and Exclusions
Read the policy document carefully to understand what is covered and not covered under the policy. Some inclusions may be subject to certain conditions. Make sure you understand them clearly.
Premium
Evaluate the premium based on the coverage and add-ons you have chosen when you buy motor insurance online. Find the right balance between coverage and affordability.
Claim Process
Understand the claim settlement process, from intimation to document submission and settlement. This will help you take the right steps for a smooth claim process.
Network Garages
Check for network garages near your location for cashless repairs. This can make the repair and claim process quicker and more convenient when you need it most.
How Can I Buy Motor Insurance Online?
1
Step 1 - Visit the TATA AIG official website
Visit the TATA AIG official website. Under the ‘Personal’ tab, select ‘Motor Insurance’. Choose between ‘Car’ or ‘Bike’, enter your vehicle’s registration number, and click on ‘Get Price’.
For commercial vehicle or auto rickshaw insurance, select the appropriate option under ‘Motor Insurance’.
2
Step 2 - Review details
Review your vehicle details and fill in the required information to buy motor insurance.
3
Step 3 - Compare options
Compare the available motor insurance plans and choose a suitable policy. Further, customise it with optional add-ons for additional protection.
4
Step 4 - Get Premium
Get your premium quote instantly. You can also revise your inputs to find the right balance between coverage and budget before completing the purchase.
5
Step 5 - Pay the Premium Online
When you find the coverage adequate and the premium affordable, you can proceed to pay the premium online.
Documents Required to Buy a Motor Insurance Online?
Vehicle Registration Certificate (RC)
Valid Driving Licence
Vehicle Invoice
Previous Motor Insurance Policy, if applicable
Pollution Under Control Certificate (PUCC)
Proof of Identity
Aadhaar Card, Passport, etc.
Proof of Address
Aadhaar Card, Passport, Ration Card, Utility Bills, etc.
Passport-size Photographs
Factor Affecting Motor Insurance Premiums
Insured Declared Value (IDV)
Insured Declared Value, or IDV, is the current market value of your vehicle after depreciation. It is the maximum claim payout in case of theft or total loss. A higher IDV increases the premium, while a lower IDV can reduce the claim payout. Therefore, it is important to choose the IDV carefully.
Age of the Vehicle
Insurance premiums are generally higher for brand new cars and lower for older cars due to a reduction in IDV over time. However, older vehicles may involve higher damage repair costs, and premiums may not reduce significantly as the vehicle continues to age.
Insurance Coverage
A comprehensive motor insurance plan has a higher premium than a stand-alone own damage or a third-party liability only policy due to wider coverage.
Add-Ons Selected
Opting for add-ons will increase your overall motor vehicle insurance premium. The increase will depend on the type and number of add-ons chosen.
Engine Capacity
Vehicles with higher cubic capacity attract higher premiums. Third-party vehicle insurance premium rates are fixed by IRDAI based on engine cubic capacity.
Deductible
A deductible is a percentage of the total claim amount that the insured individual offers to pay. Choosing a higher voluntary deductible can reduce the premium. However, it means the insured will have to pay a significant portion of every claim.
Claims History
Frequent claims indicate a higher risk and can lead to increased premiums. On the other hand, maintaining a claim-free year gets you a no-claim bonus that you can accumulate every year. It provides a premium discount that can increase up to 50% in 5 years.
Miscellaneous Factors
Factors, such as make and model of the vehicle, safety features, registration location, and the owner-driver’s driving record, impact motor insurance premiums. Vehicles with advanced safety accessories and devices will attract lower premiums.
How to Reduce Motor Insurance Premiums?
Opt for Necessary Add-Ons Only
Make sure you only select the add-ons that you require. For example, if you intend to use your vehicle just within city limits, you may not have to purchase a roadside assistance add-on.
Installing Security Accessories
Your vehicle insurance premium may be lower if the risk is reduced. A car with anti-theft accessories installed will have a slightly lower premium than a similar car without these safety features.
Don’t Make Unnecessary Claims
Every claim-free year will help you earn a no-claim bonus. This provides a discount on your premium for the next policy year. The no-claim bonus keeps accumulating and can reach up to 50% in five consecutive years.
Opt for a Higher Voluntary Deductible
Choosing a higher voluntary deductible can help you lower your premium. However, it can increase your out-of-pocket expenses every time you make a claim. Choose a deductible that you can afford to pay and that can help you lower your premium as well.
How is Motor Insurance Premium Calculated?
The motor insurance premium is calculated based on the type of vehicle insurance.
1
Third-party Motor Insurance Premium
The premium for a third-party motor insurance plan is determined by the Insurance Regulatory and Development Authority of India (IRDAI) every year. It is based on the vehicle’s engine cubic capacity. You can check the notification for these rates on the IRDAI website.
2
Own Damage Motor Insurance Premium
The premium for own damage motor insurance cover depends on various factors, such as the IDV, age, type of vehicle, make and model, location, type of policy and add-ons chosen, no claim bonus, and claim history.
The formula for calculating own damage premium is as follows:
OD Motor Insurance Premium = (Insured Declared Value * Insurer’s Premium Tariff) + (Premium for Add-ons) - (NCB discount)
3
Comprehensive Motor Insurance Premium
The comprehensive car insurance premium is calculated by adding the third-party insurance premium and the own damage cover premium.
Comprehensive Motor Insurance Premium = (Own Damage Cover Premium) + (Premium for Add-ons) – (No Claim Bonus + Discounts) + (Third Party Insurance Premium as fixed by IRDAI).
4
Example
Let us consider a quick example. Suppose you have a 100 cc two-wheeler, Honda Activa.
- Third-party Insurance Premium: ₹714 (Currently for two-wheelers between 75 and 150 cc fixed by IRDAI)
- IDV Value: ₹63,382
- OD Damage Motor Insurance Premium: ₹1,062.30
- Add-ons: Roadside Assistance - ₹99, Consumables Cover - ₹29.16, Engine Secure - ₹76.06
- OD Premium + Add-ons: ₹1,062.30 + (₹99 + ₹29.16 + ₹76.06)] = ₹1,266.22 , ₹1,266.22 + ₹227.76 (18% GST) = ₹1493.98
- Total Premium: ₹1493.98 + ₹714 = ₹2,207.98
How to Use a Vehicle Insurance Calculator?
TATA AIG offers simple and user-friendly online tools to determine the actual premium quote. If you have a bike, you can use our bike insurance premium calculator. And if you own a car, you can use our car insurance premium calculator.
You can follow these simple steps to use the motor insurance calculator.
1
Step 1 - Open the calculator page.
Open the calculator page and provide your vehicle’s registration number.
2
Step 2 - Review vehicle details.
The system will fetch the vehicle details, such as the make and model. Review the details and proceed.
3
Step 3 - Enter the required details.
Enter the required vehicle and personal information. Now, the system will provide you with an estimated IDV of your vehicle and a few plans with various add-ons covers.
4
Step 4 - Determine coverage and add-ons.
Compare the options available, revise the inputs if necessary, and choose the best motor insurance policy that suits your needs. Include add-ons to enhance protection.
5
Step 5 - Check the premium quote.
Based on your inputs, the premium quote with the breakdown will be provided.
How Do You File a Motor Insurance Claim with TATA AIG?
1
Step 1 - Register your Claim
Inform TATA AIG about the incident as soon as possible. You can call us on our helpline - 0422-6489-8282, initiate the claim online, or through our TATA AIG app. In case of theft or a major accident, file an FIR with the local police.
2
Step 2 - Inspection
Depending on the incident and the damages incurred, TATA AIG may arrange for a surveyor’s inspection for the motor insurance claim process.
3
Step 3 - Take the Vehicle to the Garage
- For cashless claims - Take your vehicle to a network garage and get it repaired.
- For reimbursement claims - Take your vehicle to any garage, get it repaired, and pay the bills upfront.
4
Step 4 - Document Submission
Gather and submit all the required documents, such as the motor insurance claim form, original repair bills, payment receipts, FIR, etc.
5
Step 5 - Claim Settlement
- For a cashless claim - We will settle the repair bill directly with the network garage.
- For a reimbursement claim - We will reimburse you for the eligible expenses after verification of the required documents
Documents Required for Motor Insurance Claim
For Own Damage Claims
- Claim form
- Policy document
- Vehicle Registration Certificate
- Driving Licence
- FIR, in case of accidents.
- Proof of damage (Photographs and Videos)
- Original repair bills and payment receipts
For Third-party Liability Claims
- Vehicle Registration Certificate
- Policy document
- Driving Licence
- FIR
- Court notice or summons received
- Repair bills and receipts
- Medical bills and receipts
For Theft
- Claim form
- Policy document
- Vehicle Registration Certificate
- Driving Licence
- FIR
- Non-Traceable Certificate/ Police Report
- Original Vehicle Keys
- No Objection Certificate (NOC) from the financier
- RTO Transfer Forms (Form 28, 29, and 30)
For Personal Accident Cover
- Vehicle Registration Certificate
- Policy document
- Proof of Vehicle Ownership
- Driving Licence
- FIR
- Medical bills and receipts
- Death Certificate
How Can I Cancel My Motor Insurance Claim?
1
Step 1
Inform TATA AIG about your cancellation request. You can call us on our 24/7 Customer Support Number - 022-6489-8282 for the same.
2
Step 2
Submit a written request for the motor claim cancellation. Ensure to mention the intent and reason, claim reference number, and policy details.
3
Step 3
Provide any further details, if required.
Does Renewing a Motor Insurance Policy Online Provide You With Any Benefit?
Yes, renewing your motor insurance policy online offers several benefits.
Quick Process
Motor policy renewal online is simple and quick. You just need to provide your policy number, revise the coverage if required, and pay the renewal premium online.
Zero Paperwork
You can renew motor insurance online easily without any paperwork. Just provide the required details, and the process will be completed within a few minutes.
Enhance Coverage
You can increase your insurance coverage by revising the IDV or including optional add-ons for enhanced protection in just a few steps.
Instant Policy Issuance
The renewed policy will be instantly sent to your registered email address once you make the premium payment online.
Easy NCB Protection
If you have not made any claims in the previous year, you are eligible for a no-claim bonus. This benefit is applied automatically when you renew your policy online with us.
Reminders to Avoid Policy Lapse
You will get timely reminders for motor insurance renewal online. This will ensure you renew your policy on time and avoid any lapse in coverage.
24/7 Accessibility and Secure Payment
You can renew your vehicle insurance online anytime at your convenience and make the premium payment through our secure payment gateway.
How Do You Renew Motor Insurance Online?
1
Step 1 - Visit our official website.
Visit the TATA AIG official website. Under the ‘Personal’ tab, select ‘Motor Insurance’. Choose between ‘Car’ or ‘Bike’ and click on ‘Renew your existing TATA AIG policy’.
For commercial vehicles, under the ‘Renewal’ tab, choose ‘Others’.
2
Step 2 - Enter required details.
Enter your vehicle registration number or policy number and click on ‘Renew’ for motor insurance renewal.
3
Step 3 - Review and revise existing coverage.
Review your existing coverage and enhance it based on your evolving requirements. For example, you can consider revising the IDV and including additional add-ons that you may feel are necessary now.
4
Step 4 - Determine the premium.
Determine the premium. Revise the inputs for better coverage or an affordable premium, if necessary.
5
Step 5 - Pay the premium.
Pay the premium online and renew your vehicle insurance instantly.
Difference Between Third-party, Comprehensive and OD Vehicle Insurance
Differentiating Factors
Third-party Insurance
Own Damage Insurance Cover
Comprehensive Insurance
Scope of Coverage
Includes third-party bodily injuries, death, and property damage only.
Includes coverage for own damage due to accidents, theft, natural disasters, fire, etc.
Includes coverage for third-party liabilities and own damages.
Legal Requirements
Mandatory
Not Mandatory
Not Mandatory
Add-ons
Not Available
Limited
Wide Range of Options Available
Premium
Lower due to basic coverage
Moderate, and depends on the type of vehicle.
Higher due to broader coverage.
Motor Vehicle Rules Updation by IRDAI
Mandatory Customer Information Sheet
Insurers must provide a customer information sheet clearly outlining inclusions, exclusions, and the steps involved in the claim process.
Strict Timelines for Claim Settlements
Insurers must take the necessary steps to process the claim once all necessary documents are submitted. The defined timelines must be clearly mentioned in the customer information sheet.
No Claim Rejection due to Unavailability of Documents
Insurers must request all essential documents related to a claim upfront and cannot reject a claim solely due to the need for additional documents.
Introduction of Pay-As-You-Drive Option
Insurers should offer pay-as-you-drive motor insurance policies where the coverage and premium are based on actual vehicle usage.
Motor Insurance Cancellation
Insurers can cancel a motor insurance policy in cases of fraud and must give a 7-day notice.
Frequently Asked Questions
Car Insurance for Top Brands & Top Models
Two-Wheeler Insurance for Top Brands & Top Models
Follow Us
Motor Insurance
Other Insurance