Car Insurance in Tamil Nadu

The rise in population has, in turn, resulted in a rise in the number of cars in the country. This has eventually led to ever-increasing traffic. With the stress of driving through populated roads in Tamil Nadu, car insurance can offer peace of mind, knowing that your assets and family are well-protected.

Just like many other regions, a car insurance policy is a mandatory document to carry while you are driving under the Motor Vehicles (MV) Act, 1988. If you fail to adhere to this requirement, you are liable to pay penalties or fines.

Additionally, four-wheeler insurance also offers personal and financial protection against third-party bodily injury, property damage, and repair costs incurred to your vehicle from accidents. With third-party or comprehensive car insurance, you can safely drive around Tamil Nadu and be protected from any disputes or damages.

Depending on car owners’ needs, Tata AIG offers three types of car insurance. It is important for you to be aware of their features, coverage, and premiums to make an informed decision. Here are the three types of car insurance by Tata AIG:

Stand Alone Own Damage Car Insurance Policy

This type of policy offers protection against damage to your car caused by natural and man-made disasters, theft, and accidents. The premiums for this policy are affordable and offer you peace of mind against unprecedented perils.

Pros:

Covers financial losses incurred to your vehicle due to theft, accidents, or disasters.

You can avail of no-claim bonus and add-on benefits.

Cons:

Coverage is applicable only to cars purchased before September 2018.

There is no third-party coverage with this policy.

Ideal for:

It is essential for people living in accident-prone or disaster-prone areas.

It can be a great add-on for a person with third-party insurance.

Third-Party Car Insurance Policy

According to the MV Act, 1988, this policy is legally mandatory for every car owner to have. It offers legal and financial protection for damages caused to third-party persons, property, and vehicles at affordable rates.

Pros:

It protects you from legal and financial losses caused due to damages incurred to any third-party property, vehicle or person.

It has affordable rates and a simple application process.

Cons:

This does not offer any protection for the insured car.

It has limited coverage and puts car owners at risk.

Ideal for:

It is ideal for people who only want legal cover and a safety net.

It is best suited for people who seek affordable premium rates or have a very old vehicle that would not benefit from higher coverage.

Comprehensive Car Insurance

Comprehensive car insurance is the ultimate protective shield for your car that provides all-round coverage and protects from unexpected perils. Additionally, it also provides coverage for third-party liabilities along with your own car protection.

Pros:

It offers accidental coverage to the car and the car owner-driver.

Offers all-round protection, including third-party liability coverage.

You can customise your comprehensive coverage as per your needs by opting for add-ons.

Cons:

Expensive premium rates as compared to third-party car insurance.

Ideal for:

It is ideal for those who own a new car with high value.

Those who seek overall protection from and can go for a higher premium charge.

While buying car insurance in Tamil Nadu, you must know the factors on which the premium rates are going to depend. They directly affect the premium rates, playing a crucial role. These are the factors deciding the car insurance rate:

Location:

Where you are located plays an important role in deciding your premium rates. If you live in a place where you are more prone to natural disasters like floods or sand storms, it is going to affect your car’s life.

IDV:

IDV or Insured Declared value is your car’s current value after taking into account its depreciation. It is one of the primary components when determining your insurance costs. If your car costs more, your insurance is likely to cost more.

Type of Insurance:

Your premium is going to change with the type of insurance you opt for. For example, suppose you only want insurance to complete the legal formalities. In that case, you will go for third-party insurance, which is going to cost much less than a comprehensive policy.

Make, Model, and Variant of the Car:

Your car insurance cost will change with changing vehicle composition. This means that the cubic capacity of the engine, type, manufacturer, fuel type, etc., will create a direct impact on the car insurance rate.

History of the Driver:

Your insurance company will also consider your driving history while providing insurance. However, it will not affect you if you are buying insurance for the first time. If you have previous fines or claim settlements for such reasons, your premium will be higher.

Choice of Add-ons:

Comprehensive insurance will give policyholders an option to opt for add-ons. A higher number of add-ons means a higher premium than a regular policy.

As mentioned earlier, insurance companies offer an additional set of “add-ons” for their customers who want enhanced security for themselves and their vehicles.

Many of these add-ons will not only add a layer of protection, but also provide crucial assistance at the time of its most needed. Such as daily allowance and emergency transport and hotel expenses add-ons will ensure that while your insured car is being taken care of, your additional expenses that may come with it unexpectedly are covered too.

These are the add-ons that Tata AIG offers:

• Engine Protection

• Zero Depreciation

• Key Replacement

• No Claim Bonus Protection

• Roadside Assistance

• Daily Allowance

• Return to Invoice

• Emergency Transport and Hotel Expenses

• Tyre Secure

• Loss of Personal Belongings

• Consumable Expenses

• Repair of Glass Fibre and Plastic Parts

To buy the best car insurance in Tamil Nadu, follow these easy steps to save yourself from the hassle of standing in long queues:

How to Buy a Car Insurance Policy in Tamil Nadu

• Go to the Tata AIG official website.

• Enter your vehicle’s registration number in the car tab and click on “Get Price.”

• Fill out your personal details and vehicle details on the next page.

• Choose the type of car insurance policy you need.

• You will receive a quote based on the type of policy chosen in the previous step.

• Verify the price and complete the payment with your preferred method of payment.

Steps for Car Insurance Renewal Tamil Nadu

Regardless of the type of insurance you go for, it is valid only for a year. After its validity is over, you have to renew the insurance policy to avoid the worry of legal and financial damages.

• Go to the Tata AIG official website.

• Click on the “Car” tab on the home page.

• Enter your vehicle’s registration number and select “Renew Existing Tata AIG Policy.”

• Select your policy to renew.

• We will share a quote for the renewal of your existing policy.

• Complete the payment to complete the renewal process.

Tata AIG offers one of the best car insurance in Tamil Nadu that serves as a safety net while you wander the picturesque locations. However, if you face an unfortunate event and need your four-wheeler insurance to play its part, claim it in either of the following ways:

Reimbursement claim

Cashless claim

Reimbursement Claims

• You can easily claim a reimbursement with us to avoid paying heft repair charges. In this type of claim, the policyholder pays for the necessary damage and repair costs and claims the cost later. This can be done by submitting your invoices and other necessary documents by following these steps:

• Register your claim with us by contacting us at 1800-266-7780 or providing us with claim details on our claim support page.

• Choose the claim type as “reimbursement method.”

• Upload the necessary documents like invoices, FIR, policy documents, etc.

• Get the reimbursement against your invoices from us.

Cashless Claims

• By choosing this as your claim type, you can get the damages repaired at any of our cashless network garages. Follow these easy steps to get your cashless claim:

• Register your claim with us by contacting us at 1800-266-7780 or providing us with claim details on our claim support page.

• If you visit our support page, go to “initiate claim” and select “Car” as your vehicle.

• Fetch claim details and proceed.

• Next, you will need to fill out a “self-inspection form” and provide us with specific details about the incident and the damage incurred to your vehicle.

• One of our team members will visit to inspect the damages.

• Select “Cashless” as your preferred method to claim your insurance.

• Once the claim goes through, take your vehicle to any of the listed garages near you.

• Claim form (signed and filled)

• Copy of policy documents

• No trace report from the police (in case of theft)

• FIR (in case of an accident)

• NOC and Form 35(in case of car loan)

• Copy of legal notice (in case of third-party claims)

• Transfer papers along with Forms 28, 29, & 30

• Copy of driver’s licence

• Original car keys

• Copy of RC

• Approximate repair expenses

Are you looking for a car insurance company that provides the best car insurance in Tamil Nadu and your search history is filled with “car insurance near me?” Do not go any further. With Tata AIG’s quick service, high claim settlement ratio, and cashless repairs, you will be assured of the best care for your beloved vehicle.

We have an extensive list of garages that form a network to provide you with cashless facilities. These networks of garages are in almost every city in India, and you can find one using our “garage locator.”

We have tie-ups with these garages and once your cashless claim goes through, you can visit any cashless network garage near you and get your repairs done.

However, it is important to note that these networks are available only in select cities and this service is available to only those who hold comprehensive car insurance. Thus, before buying 4-wheeler insurance, make sure you verify that you have a network garage in your city. For all other cases, we have a straightforward and customer-friendly reimbursement process as well.

To avoid confusion and receive quick information about the policies and services, feel free to get assistance from Tata AIG customer service before buying a policy. Additionally, you can also make use of Tata AIG’s new car insurance calculator to determine the cost of your insurance with your desired policy and add-ons. At Tata AIG, we help our customers make the best decisions that cater to their insurance needs.