Car Insurance In Hyderabad
Car Insurance In Hyderabad
Hyderabad, popularly known as the Pearl City, is famed for its Biryani, Nawabi culture, Osmania biscuits, and Irani cafés. The city is the state capital of Telangana.
It is currently well-known for its biotechnology, pharmaceutical, and IT firms, as well as its Deccani cuisine. The country's booming economy has spurred an upward movement in improving Indians' lifestyles.
Possessing a four-wheeler is no longer considered a luxury, especially in cities. The city of Hyderabad is no exception.
So, in Hyderabad's dynamic urban environment, a car insurance policy is an ultimate necessity to ensure a financial shield for unanticipated mishaps. Tata AIG Car Insurance values your concern and is committed to offering wide-ranging options for customised coverage.
Why Do You Need a Car Insurance Policy in Hyderabad?
Hyderabad, like other Indian metropolises, is growing at a rapid rate. Because of the large population and visitors from all over the world, the roads are always congested with vehicles and other modes of public transit. The planned metro building projects have also fueled the fire.
City traffic is a source of concern. Despite having numerous flyovers, it has almost been difficult to dodge the traffic congestion in Hyderabad. It is the same situation in every big Indian city.
To make matters worse, bumper-to-bumper traffic can cause accidents with the slightest of negligence on the driver’s part, which may lead to expensive accidental claims.
With a car insurance policy, you can get covered for all the unprecedented scenarios that can damage your car and drive with peace of mind. Tata AIG also provides a variety of plans to guarantee that you have options that meet both your budget and needs. Our online car insurance premium calculator lets you calculate how much you'll have to pay in premiums based on the coverage you pick. But we suggest you compare car insurance plans on Tata AIG to find the one suited best for you.
Key Features and Benefits of Tata AIG’s Car Insurance in Hyderabad
Key Features and Benefits | Details |
---|---|
Cost-effective Premiums | Premiums start at ₹2094*. Online purchases can help save up to 75% |
No-Claim Bonus | Premium can get reduced by up to 50% |
Third-Party Cover | Covers for the damages on third-party or third-party property |
Own Damage Cover | Covers damages incurred to your insured car due to accidents, natural calamities, and man-made disasters |
Comprehensive Cover | Covers your car’s own damages and third-party liabilities with the customisation of add-ons |
Personal Accident Cover | Up to ₹15 lakhs |
Add-On Covers | Choice of 17 add-on cover options |
Network of Cashless Garages | 7500+ garages across India |
Buy/ Renew | 3-step simple online process |
Claim Assistance | Seamless online claim processes with the assistance of 650 experts |
Terms and Conditions Apply
Types of Tata AIG Car Insurance in Hyderabad
Comprehensive Car Insurance
It's the most popular four-wheeler insurance policy in Hyderabad. It not only protects the car owner-driver, occupants, and the vehicle from damage but also protects the insured against costs and liability resulting from third-party damage, death, or injury.
Pros:
Wide-ranging add-on options are available
No Claim Bonus on premiums
Cons:
Comparatively expensive
Slightly detailed claim process
Ideal For:
If you are looking to ensure complete protection of your car, easing your mind from any financial constraints in one solution, comprehensive car insurance in Hyderabad is a fair choice.
Stand Alone Third-Party Car Insurance
In contrast to its counterpart, third-party four-wheeler insurance just covers losses to a third party, like death, property damage, or injury, and is required by law across Hyderabad.
Pros:
Most affordable
Less documentation
Cons:
Does not cover own car damages
Add-ons not applicable
Ideal For:
If you are well disciplined at driving, own a low-value vehicle, and drive significantly less frequently, a third-party car insurance policy in Hyderabad can be a sensible solution.
Stand Alone Own Damage Car Insurance
It is an insurance for four-wheelers that offers financial protection restricted to your own car damages.
Pros:
Coverage for your car can include accidental damages, theft cases, natural and man-made disasters, with add-on options
Cons:
Third-party liabilities not covered
Applicable to cars bought after September 2018
Ideal For:
If you own a high-value vehicle and navigate through high-risk areas frequently, the own damage car insurance policy in Hyderabad is a wise decision.
The Best Car Insurance in Hyderabad: Third-Party Vs Comprehensive Plans
Factors | Third-Party Car Insurance | Comprehensive Car Insurance |
---|---|---|
Coverage Applicable | Covers third-party damages, including third-party person and property | Covers third-party damages and own car damages, including accidental damages, theft cases, man-made and natural calamities, and personal accident cover (for the owner-driver) up to ₹15 lakhs |
Legal implication | It is legally mandatory per the Motor Vehicles Act 1988 | It is not legally mandatory |
Premium | As it offers basic coverage, the premium is lower | Premium is higher, considering the broad coverage |
Add-ons | Inclusion of add-ons is not applicable | Any number of add-ons can be included. Wide-ranging options are available. |
Exclusions | Own car damages | Damages incurred to your car due to: |
Third-party liabilities due to your insured car in scenarios such as: | General wear and tear | |
Taking your private vehicle for commercial purposes | Negligent driving | |
Driving after consuming alcohol or taking drugs | Taking your private vehicle for commercial purposes | |
Not having a valid licence | Driving after consuming alcohol or taking drugs | |
Negligent driving | Not having a valid licence | |
Found driving outside the geographical boundaries mentioned | Found driving outside the geographical boundaries mentioned | |
Speed racing, crash testing | Speed racing, crash testing | |
War or war-like situations | War or war-like situations | |
For replacing the consumables caused due to wear and tear, the reimbursement is up to 50% |
What is the Car Insurance Rate in Hyderabad?
The car insurance policy premium is the most crucial aspect. It is based on your car specifications and the coverage required. While comparing the options, make well-informed decisions by choosing the best car insurance policy and ensuring it is affordable.
Here are a few of the most important factors that affect your car insurance premium.
IDV- The IDV full form is Insured Declared Value. It refers to the maximum coverage you can get from the insurance for your four-wheeler. It is calculated based on your car’s current market value, subtracting the depreciation value.
Type of car insurance and add-ons included- The car insurance premium will vary for the third-party, own damage, and comprehensive car insurance plans. Further, it will increase if you have included add-ons.
Age and Engine Capacity- New vehicles will attract a higher premium rate compared to the older ones. Furthermore, the premium for cars with a higher cubic capacity is higher compared to the ones with a lower cubic capacity.
Deductibles- It is the extent of the amount that you pay towards the repair expenses. If the deductibles are higher, the premium gets lower.
Claims History- If you have made no claims in the previous year, you are entitled to receive a No Claim Bonus that can reduce the premium.
Other Factors- Other factors, including the make and model, variant, modifications and additional security features on your car, and the location, can significantly impact car insurance premium.
Best Car Insurance Add-Ons to Get in Hyderabad
When you purchase car insurance online or offline from us, you do not just get complete coverage but also get the whole package with reasonable and personalised four-wheeler add-on covers. At Tata AIG, we offer 17 add-on covers, and some of the common ones are as follows:
No-Claim Bonus (NCB) Protection Cover
Return to Invoice Coverage
Coverage for Roadside Assistance
Personal Accident Insurance (for the owner-driver)
Engine Secure Coverage
Depreciation Reimbursement Coverage
Key Replacement Coverage
Tyre Secure Coverage
Coverage for Consumables Expenses
Emergency Transport and Hotel Expenses
Loss of Personal Belongings
Repair of Glass Fiber and Plastic Parts
Daily Allowance
Return to Invoice
If you want to determine the best car insurance in Hyderabad, it is the one customised to your specific needs. Add-ons help in customisation. However, they are provided at an additional cost. Therefore, evaluate the benefits of add-on covers and their costs to choose the most necessary options.
How to Buy and Perform Car Insurance Renewals in Hyderabad with Tata AIG
How to Buy Car Insurance?
Visit our Tata AIG official website.
Select the ‘Car’ tab, enter your car's registration number, and click on 'Get Price'.
Enter the required details - personal and car details.
Decide on the type of car insurance policy, coverage, and add-ons required.
An instant premium quote will be displayed on the screen. You can proceed to purchase the car insurance online if you are satisfied.
How to Renew Car Insurance?
Visit our Tata AIG official website.
Select the ‘Car’ tab, enter your car's registration number and click on 'Renew'.
Enter the required details - personal and car details.
Decide on the car insurance coverage and add-ons required.
An instant premium quote for your car insurance renewal in Hyderabad will be displayed on the screen. You can go ahead and renew the car insurance online.
How to File a Claim for Car Insurance in Hyderabad?
If you want to initiate a claim for your car insurance policy in Hyderabad with Tata AIG, you have two options: Cashless Claims and Reimbursement Claims.
**Cashless Claims **
For a cashless claim, you can just register and sit back to relax. We will pay the garage for the repair expenses directly.
In the event of an accident, you will inform and register for the cashless claim with us. Further, you can take your car to any of our network garages nearest to you.
There will be a survey on the damages, and we will approve the cashless claim amount based on that report. Upon completion of the repair, we will settle the approved amount directly with the garage. The responsibility of paying the uncovered expenses will be left to you.
**Reimbursement Claims **
For reimbursement claims, you can get the repairs done at your will!
In this case, you will register for the reimbursement claim with us and go to any garage to get your car repaired and pay the expenses. Later, you can submit the applicable receipts to us, and we will reimburse it after the verification.
Although you have the option to choose the garage of your choice, it may require additional documentation.
Documents Needed for Car Insurance Claims in Hyderabad
Make a list of the following papers that are generally requested for four-wheeler insurance claim resolution:
Claim Application form duly completed
Identity and Address Proofs
Registration Certificate and Original Keys
File an FIR (First Information Report) in the event of an accident
File a Non-Traceable Report from the police if your car is stolen
The relevant party must provide legal notice in the event of third-party liabilities
Insurance policy papers and driving licence
Personal information - proof of identification and address
Hospital bills in the event of a personal accident claim
Garage-related repair expenses (for reimbursement claims)
The original estimate for the repairs, invoice and payment receipt provided at a network garage
Any other documentation necessary for claim resolution
Tata AIG Cashless Network Garages for Car Insurance in Hyderabad
Do not be concerned about getting your car fixed! Find the nearest authorised garage in our vast network. You may get first-rate services and rapid cashless repairs. And in case of accidents, you can also utilise the funds for your hospitalisation and medical expenses.
Tata AIG offers cashless car repair services at numerous sites in Hyderabad.
Click here to find our network garages specific to your car 'Make' for Tata AIG car insurance Hyderabad.
How do cashless claims work?
First things first, you will register for the cashless claims with us. Then, it is time to find the closest garage and take your car.
Once you reach the location, a survey will be done to investigate the damages. After the assessment, we will confirm the approved amount.
And that's it all! Upon completion, we will pay the garage directly, and you can take your car. But, do remember, uncovered expenses will be your responsibility.
Cashless repairs are only available under comprehensive plans, and certain services are available only in select cities. You can get your queries cleared with Tata AIG customer service before moving forward with any purchases.
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.
How can I find car insurance near me?
How can I find car insurance near me?
You can easily find a car insurance provider nearby using search engines that allow you to explore the options based on your location.
At Tata AIG, we offer seamless online services that allow you to compare and buy a car insurance policy online. We also offer customer support and claim assistance online for better and more convenient engagement. However, if you prefer offline support, you can locate our branch offices here.
Should I get a comprehensive or third-party car insurance plan?
As per the 1988 Motor Vehicles Act, third-party four-wheeler insurance is compulsory. Nevertheless, it is recommended that you purchase comprehensive four-wheeler Insurance because third-party insurance just protects third-party liability and does not cover any damage to your vehicle.
You may select a variety of Tata AIG car insurance coverage to meet your needs and avoid financial hardship if your vehicle is destroyed.
What exactly are add-on covers?
Well, add-on covers or add-on riders are basically added layers of protection. They lend you a 360-degree cover in addition to your existing policy cover. You may select from a variety of add-on covers like -
Zero Depreciation
No Claim Bonus Protection
Key Replacement
Roadside Assistance
Engine Secure
Tyre Secure
Consumables Expenses, etc.
These riders or add-ons are not included in your four-wheeler insurance plan and must be purchased separately.
Which is the best car insurance in Hyderabad?
When you look out for car insurance policies in Hyderabad, you have plenty of options. The best car insurance policy will depend on your needs and affordability. You can compare the different options and their features online to conclude.
A comprehensive car insurance plan is a fair option if you seek complete protection for your car under one simple solution. In addition, based on your location and usage, you can customise it with various add-on options for enhanced protection.
Where can I check my car insurance details?
You can check your car insurance details using any of the following options:
By accessing your car insurance provider's official website
By logging into the T AppFolio mobile application of the Government of Telangana State, Transport Department.
The official website of the Government of Telangana State, Transport Department. Click on 'Know Your Vehicle Details' found under the list on the right-hand side.