Car Insurance in Varanasi

Covering repair damages to your vehicle, no matter the city you live in, can put a strain on your pockets. In such cases, a valid car insurance policy can save you from spending your travel budget on heft repair costs and let you travel worry-free.

Apart from coverage against damages, a valid third-party car insurance is a mandatory document for every car owner under the Motor Vehicle Act of 1988. According to the act, anyone driving a car, when found without valid insurance, is liable to pay a penalty.

To ride safely on the holy streets of Varanasi and avoid penalties, you must have at least third-party insurance for your vehicle.

You can choose the best car insurance in Varanasi from Tata AIG. Before buying one, let us look at the types of Tata AIG car insurance:

Third-Party Car Insurance

Third-party insurance is a basic coverage designed for those who simply want to fulfil the legal requirements of owning a car. This offers very limited coverage, but at the same time, at affordable prices.

Pros:

The premium of third-party insurance is the lowest.

It offers financial and legal protection against damages caused to any third-party person, property, or vehicle.

It completes one of the four mandatory documents required by a car owner.

Cons:

It offers limited coverage.

It does not cover own vehicle damage.

Ideal for:

It is ideal for old car owners who do not require overall car protection.

It is best suited for people who are looking for low-premium options.

Standalone Own Damage Insurance

This type of insurance policy from Tata AIG offers protection to your vehicle from damages caused by driving your car in Varanasi. It has a wider scope of coverage when compared with third-party insurance.

Pros:

This policy offers protection against damages caused by road accidents, natural or man-made disasters, etc.

It opens the policyholders to a broader range of add-ons to enhance their vehicle’s security.

Cons:

It is applicable only to those cars that are bought before September 2018.

It does not offer third-party liability coverage.

Ideal for:

It is ideal for those who travel through accident-prone areas frequently or live in disaster-prone geographical regions.

People with an existing third-party insurance plan can buy this for securing their vehicle.

Comprehensive Car Insurance

This type of policy offers overall protection to your car. It covers protection against own damages as well as third-party liabilities. This is the best option to protect your vehicle from theft, vandalism, or any other damage.

Pros:

It offers extensive protection against theft, damages to your own car, third-party liabilities, and much more.

It is customisable with a variety of add-on options.

Cons:

The premium charges for this type of insurance are the highest.

With add-ons, the insurance rate goes higher.

Ideal for:

It is best for new or expensive car owners who are looking for overall protection.

Purchasing the best car insurance in Varanasi is important for all the above-mentioned reasons. And before choosing what’s best for you, it is important to understand which factors affect the insurance for four-wheelers in Varanasi.

Type of Insurance Policy

Based on the type of insurance you choose, your premium rates will vary significantly. If you choose third-party insurance, you will receive limited coverage but at minimum premium rates. On the other hand, if you go for a comprehensive insurance policy, you will get all-round coverage at higher premium rates.

Car Model, Type, and Variant

Based on the type and model of the car you buy, you will either get a higher or lower premium. Furthermore, if you buy an expensive car, the cost of repairs and replacement will increase, explaining the higher premium rates.

Insured Declared Value (IDV)

IDV plays a key role in determining your insurance premium rate. It represents the current market value of the insured car after considering depreciation. Based on the IDV of your vehicle, your premium rate is calculated, and it also determines the coverage you will receive while claiming your insurance.

Geographical Location

If you are living in a disaster-prone area or commute through accident-prone areas frequently, your premium rates will change based on it. Since you and the insured vehicle are more likely to incur damages, the cost of repairs will increase, and so will the premium rates.

Driving History

If the owner of the car has a record of unlawful driving practices in their records, it is more likely for them to pay a higher premium rate than the regular car owners. Before accepting your application, insurance companies go through a check to see if there are any fines, poor driving records, dangerous driving, etc.

Choice of Add-ons

Apart from third-party insurance, you can choose from the 12 add-on options to enhance your security. Thus, depending on your security requirements and choice of add-ons, your premium rates will change.

Car insurance is already categorised into three types based on car owners’ requirements. But to add more security and ensure more perils are covered, you can choose from our 12 add-on options. They not only offer personal or car protection but also assist you in challenging situations.

Here are some of the popular add-ons to choose from:

• Emergency Transport

• Key Replacement

• Engine Protection

• Consumable expenses

• Tyre Secure

• Repair of Glass Fibre and Plastic Parts

• Loss of Personal Belongings

• Zero Depreciation

• Daily Allowance

• No Claim Bonus Protection

• Return to Invoice

Ensure your safety by choosing the best car insurance in Varanasi- Tata AIG Car Insurance. Follow these simple steps to apply:

How to Buy a Car Insurance Policy in Varanasi

• Visit the Tata AIG official website.

• Click on the “Car Insurance” tab under “All Products” and enter your vehicle’s registration number.

• Click on “Get Price.”

• Carefully fill in your personal details and vehicle details.

• Based on your requirements, choose any one of the types of car insurance policy.

• In the next step, you will get a quote, which will depend on the type of policy and other important factors.

• If the price fits your expectations, complete the payment using your preferred mode of payment.

**Steps for Car Insurance Renewal Varanasi **

• If you want to renew your car insurance before it expires and are looking for easy ways to do that, you are at the right place. Start by following these steps, and you’ll be within a few minutes:

• Visit the Tata AIG official webpage.

• Go to the ‘Car Insurance’ page. Enter your vehicle’s registration number.

• Click on “Renew Existing Tata AIG Policy.”

• Enter your existing Policy Number. If you don’t have it with you, click on “Proceed With Registration Number.”

• Select the policy you want to renew.

• Choose add-ons (if needed) from the list while renewing your policy.

• If you have made any claims in the past year, keep the necessary information handy while filling out the renewal application.

• Enter your personal details and car information, and click on “Submit.”

• Next, the premium will be generated automatically and will be displayed on the screen.

• Complete the payment, and it is done. You will receive the renewed policy via email.

Claiming your insurance with Tata AIG can be done in two ways: by opting for either a reimbursement claim or a cashless claim settlement. The process of claiming your insurance can be conveniently done online by following these steps:

Reimbursement Claims

• Reimbursement claims work great when you don’t find a network garage for your car insurance near you. You can use this facility by Tata AIG to complete the necessary repairs to your car and claim the reimbursement later by completing an online claim form.

• These are the steps to follow if you want to claim reimbursement:

• First of all, register your claim by contacting us at 1800-266-7780.

• You can also do that by visiting our claim support page.

• Next, choose your claim type. In this case, choose the “reimbursement method.”

• Keep the necessary documents handy while filling out the claim form and upload it wherever applicable.

• Once the process is complete and you have uploaded the invoices, you will get reimbursement from us.

Cashless Claims

• If you do find a network garage near you, you can take your vehicle to the listed garage and utilise the cashless repairs facility. Here is how you can claim a cashless facility:

• Contact us at 1800-266-7780 to register your claim.

• Go to “initiate claim” on our claim support page and select “Car.”

• Carefully fill out a “self-inspection form.” You will need documents like an FIR with you while filling out the form.

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

• After your form is submitted, you will receive a claim number.

• Next, your car will be inspected by one of our expert team members.

• Based on the inspection, you can take your car to the network garage and get it repaired without spending any money from your pockets.

• Copy of policy documents

• Claim form (signed and filled)

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

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

• Copy of driver’s licence

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

• Original car keys

• Approximate repair expenses

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

• Copy of RC

Tata AIG offers cashless claims to all those who need it to carry out repairs on their insured cars without worrying about the money they spend. There are more than 7500+ network garages registered with us, which are ready to assist you with all the repair works.

With the availability of cashless claims, you simply have to take your car to the nearest garage and let us do the rest, including settling the hefty bills.

To avail yourself of these services, you can visit our website, and go to the “Garage Locator” to find the nearest authorised garage.

However, note that this facility is available only to those who have bought a comprehensive 4-wheeler insurance policy from us. Additionally, it is available in only select cities. If you don’t find a network garage near you, you can choose the reimbursement claim.

Furthermore, before buying an insurance policy, ensure that you get all the information from our customer service and that you are purchasing the best-suited plan for you and your family. You can check the premium rate according to the insurance type and make and model of your car using our car insurance premium calculator.

This way, you can choose the best car insurance in your budget.