Car Insurance in Nashik

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Car Insurance in Nashik

Nashik is a city in Maharashtra situated on the banks of the Godavari River. Roads are the primary form of transit and so all four-wheeler owners in Nashik need to have a car insurance policy in Nashik.

In fact, a third-party car insurance policy is mandatory as per the Motor Vehicles Act. Hence, in this guide, we will focus on the best car insurance in Nashik and how you can get one.

Why Do You Need a Car Insurance Policy in Nashik

There are various reasons to invest in a car insurance policy in Nashik, such as:

Narrow Road: Nashik is a small city in Maharashtra. The roads here are very narrow, which can cause traffic congestion. The traffic congestion sometimes damages vehicles. That's why having a car insurance policy is essential in Nashik.

Uncertain Weather: Another significant reason to buy a car insurance policy in Nashik is uncertain weather. Nashik is situated at a high altitude, which causes heavy rainfall in the city, which leads to skidding incidents.

Car Theft: Car theft is very prevalent in almost every part of India. Considering this, having insurance for a four-wheeler is a suitable decision.

Road Accidents: Another reason to invest in a car insurance policy is road accidents. These accidents can cause damage to vehicles. But with a car insurance policy, individuals don't need to worry about the repair expenses.

Key Features and Benefits of Tata AIG's Car Insurance in Nashik

Key Features and Benefits  Details
Claim Assistance At Tata AIG, we have 650+ claim experts to ease the claim process.
Customisation with Add-ons When buying a comprehensive car insurance policy, individuals can customise their plan by including add-ons according to their specific needs.
Cashless Repairs To offer hassle-free repair for a damaged vehicle, we have a network of 7500+ garages all across the country.
No Claim Bonus (NCB) We offer policyholders who have not made a claim on a car insurance policy for consecutive years a hefty discount on the policy premium.
Affordable Premiums At Tata AIG, we offer affordable premiums to our customers. 

Types of Tata AIG Car Insurance in Nashik

For individuals who are looking for the best car insurance near me, Tata AIG offers different policies tailored to their specific needs.

Third-Party Car Insurance

Tata AIG's third-party insurance for four-wheelers covers the financial implications of the insured vehicle for damage done to a third party or property. This insurance policy is mandatory by law.

Pros and Cons: The plan premium is low; however, it does not cover insured vehicle damages.

Ideal For: The plan is suitable for individuals who use their four-wheelers rarely and only need basic coverage to save fines and penalties.

Stand Alone Own Damage Car Insurance Policy

This Tata AIG car insurance policy offers protection to insured vehicles against risks such as theft, fire damage, and more.

Pros and Cons: This insurance policy covers insured vehicles against various damages; however, it is only applicable for four-wheelers bought after September 2018. Further, the plan does not cover third-party and property damage.

Ideal For: The car insurance policy is ideal for four-wheeler owners living in accident-prone areas in Nashik.

Comprehensive Car Insurance

This car insurance policy by Tata AIG offers extensive coverage by combining the coverage of both third-party and own-damage policies. It also protects the vehicle against various natural and man-made damages.

Pros and Cons: The comprehensive car insurance policy also comes with add-ons to enhance vehicle protection. However, due to the extensive coverage, the premium of this plan is relatively high.

Ideal For: It is the best car insurance policy in Nashik for four-wheeler owners who opt for advanced protection.

The Best Car Insurance in Nashik: Third-Party Vs Comprehensive Plans

Factors Third-Party Car Insurance Comprehensive Car Insurance
Coverage This car insurance policy in Nashik only offers coverage for third-party or property damage by the insured vehicle. The comprehensive car insurance policy offers vast coverage against various damages such as theft, vandalism, fire, etc.
Legal Compliance The third-party car insurance policy is mandatory by law. This policy is not legally mandated.
Customisation Benefit There is no customisation benefit under this plan. The comprehensive car insurance policy comes with a customisation benefit.
Premium The premium of a third-party car insurance policy in Nashik is low. The premium of this plan is high due to extensive coverage.
Exclusions The policy does not cover insured vehicle damage. The policy coverage will not be applicable in various cases, such as driving without a licence, driving while consuming alcohol, drugs, and more.

What is the Cost of a Car Insurance Policy in Nashik?

The car insurance premium is one of the deciding factors when choosing any plan. Many factors contribute to the insurance rate for a four-wheeler in Nashik.

Age of the Car: The vehicle's age and type are another deciding factor in the premium for a car insurance policy. A newly purchased car generally has a higher premium.

Insurance Coverage: Another thing that affects the car insurance premium is its coverage. If a policy offers only third-party or basic coverage, then its premium will be low. But if a policy offers vast coverage, then the car insurance policy premium will be high.

Engine Capacity: Engine capacity is another factor that affects car insurance policy premiums. A four-wheeler with a high cubic capacity engine has a higher premium than one with a lower cubic capacity engine.

IDV: The Insured Declared Value, IDV’s full form, has a huge impact on car insurance premiums. It is the maximum amount a policyholder will claim in case of total loss or damage to a vehicle. The higher the IDV value, the higher the premium

Add-ons: The car insurance policy premium will be increased if the policyholder has included add-ons or riders with the policy. It is a voluntary offering to enhance the four-wheeler protection.

Best Car Insurance Add-Ons to Get in Nashik

Consumables Expense: This Tata AIG add-on covers consumables expenses that have been lost or damaged during the incident.

Key Replacement: This add-on will cover key replacement expenses in case of key theft or loss.

Loss of Personal Belongings: In case of theft or accident, this add-on will cover expenses for personal belongings, such as clothes, audiotapes, etc., inside the car.

Engine Secure: This add-on will cover engine repair expenses due to accidents, natural calamities such as floods, etc.

How to Buy and Perform Car Insurance Renewals in Nashik With Tata AIG

Individuals who want to buy new car insurance or renew their car insurance in Nashik need to follow the **Steps listed below.

How to Buy Car Insurance in Nashik

Step 1: To purchase new car insurance, go to Tata AIG’s website.

Step 2: Click on the "All Products" section.

Step 3: Click on the "Motor Insurance" section. Under that option, select the "Car Insurance" option.

Step 4: Next, fill out the vehicle registration number in the mandatory field and then click on the "Get Price" button.

Step 5: Fill out the vehicle variant, brand and other details and then continue.

Step 6: After that, fill up the year of purchase and registered mobile number. Then click on the "See Price" button.

Step 7: Now, select the suitable policy and add-ons if required.

Step 8: Next, fill out the basic information such as name, email, etc and upload the necessary documents.

Step 9: Review the policy details and then pay the policy premium.

Step 10: Once the payment is made, the car insurance policy will be sent to the provided email address.

How to Renew Car Insurance in Nashik

Step 1: To initiate the car insurance renewal in Nashik, go to the Tata AIG website.

Step 2: Head to the "All Products" section.

Step 3: Next, hover to the "Motor Insurance" section.

Step 4: Choose the "Car Insurance" option.

Step 5: Next, add the car registration number and hit the "Renew" button.

Step 6: The expired policy details will appear, add or remove any add-ons from the policy if needed.

Step 7: Next, fill up the car insurance renewal form or upload documents.

Step 8: After filling out the form, pay the car insurance policy premium.

Step 9: Once the payment is made, the car insurance policy will be sent via email address.

How to File a Claim for Your Car Insurance in Nashik?

Policyholders can file a car insurance claim in Nashik via two methods.

Reimbursement Claims

  • To get reimbursement, policyholders need to contact the Tata AIG representative and notify them about the incident.

  • After the customer notifies the representative, a surveyor will assess the vehicle's damage.

  • The surveyor will submit the report to the insurance provider.

  • After the inspection, policyholders can take the four-wheeler for repair in any garage in Nashik.

  • After that, they need to submit a claim request by visiting the claim page on the website.

  • Fill out the claim form and upload all necessary documents.

  • The representative will examine all the submitted documents.

  • Once the representative is assured, they will initiate the payment process for a claim.

Cashless Claims

  • For the cashless claim, notify the Tata AIG representative about the accident within 48 hours.

  • After getting the notification, the representative will send a surveyor for vehicle inspection.

  • After the inspection, the vehicle will be sent to the network garage of Tata AIG in Nashik.

  • The vehicle repair dues or payments will be settled directly between the insurance company and the garage.

  • Policyholders don't need to pay the repair costs, but they do need to provide the necessary documentation to representatives for cashless claim service.

Documents Needed for Car Insurance Claims in Nashik

  • Original and valid car insurance document.

  • Repair bill copies.

  • First information report.

  • Driving licence copy.

  • Registration certificate copy.

  • Any other documents needed by the insurance company.

Tata AIG Cashless Network Garages for Best Car Insurance in Nashik

Network garages are repair garages that have ties with the insurance company. The network garage aims to offer cashless repair services to the policyholders. In fact, we at Tata AIG have 7,500+ network garages across India.

To locate your nearest network garage in Nashik, go to our garage locator page, enter your city name and car model and click on the "Search" button. The list of network garages available in Nashik will appear.

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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Which insurance cover is best for a car?

Which insurance cover is best for a car?


It is best to choose a car insurance policy that offers maximum coverage for vehicles against various risks such as theft, vandalism, flood damage, etc. For example, new car owners would benefit the most from getting a comprehensive plan.

Can I do a car insurance policy claim in Nashik online?


Individuals can make a car insurance policy claim online by visiting the Tata AIG website.

Is it mandatory to buy car insurance?


A third-party car insurance policy is mandatory to purchase before getting behind the wheel. This coverage can either be bought as a separate plan or bundled with a comprehensive plan.