Comprehensive Car Insurance

Comprehensive car insurance offers complete coverage for both your vehicle and third-party liabilities, providing protection for damages to your insured vehicle as well as any harm caused to others or their property. Unlike third-party insurance, which covers only third-party bodily injury or property damage, comprehensive insurance offers broader protection, including loss or damage to your vehicle due to accidents, theft, fire, vandalism, and natural calamities such as floods, storms, and earthquakes (subject to policy terms and conditions).

Comprehensive car insurance also covers third-party liabilities. If your car causes damage to another person’s property or injures someone, your insurance will help pay for their medical bills or repair costs. The policy’s Insured Declared Value (IDV) is used to determine the amount of compensation you will receive if your car is stolen or damaged beyond repair.

A key benefit of comprehensive car insurance is its extended coverage for unforeseen situations, including accidents, theft, fire, natural disasters (such as floods or storms), and damage caused by vandalism. It covers the vehicle’s damage and provides financial security against legal costs and third-party claims. TATA AIG comprehensive car insurance offers additional benefits, including coverage for vehicle removal and protection costs, which helps cover the expenses of relocating the car to the nearest repair facility. This makes comprehensive car insurance a reliable choice for anyone looking to protect their vehicle and avoid unexpected costs

Comprehensive car insurance covers both your vehicle and the legal responsibility for any damage or injury you might cause to others. If your car gets damaged by an accident, theft, fire, or natural events like floods or storms, Tata AIG will help cover the repair costs, according to the policy’s terms and conditions.

Comprehensive car insurance covers both your vehicle and the legal responsibility for any damage or injury you might cause to others. If your car gets damaged by an accident, theft, fire, or natural events like floods or storms, Tata AIG will help cover the repair costs, all according to the policy’s terms and conditions.

If your car is stolen or damaged beyond repair, Tata AIG pays you an amount based on the Insured Declared Value (IDV). This IDV is the agreed value of your car at the time you buy or renew your policy, and it sets the maximum payout you can get.

You can also make cashless claims if you get your car repaired at any of Tata AIG’s authorised garages. This means you won’t have to pay the repair shop upfront — Tata AIG settles the bill directly with the garage, once your claim is approved.

For example, imagine Mr. A’s car gets badly damaged in a flood. Because he has comprehensive insurance with Tata AIG, the company will cover his repair costs up to the IDV. If the damage is so severe that the car can’t be repaired, Tata AIG will pay him the IDV amount.

Additionally, Tata AIG covers reasonable costs if Mr. A’s car needs to be safely moved to the nearest repair workshop after such damage. This protection and removal cost is covered up to ₹1,500 per claim.

Additionally, TATA AIG’s personal accident cover for the owner-driver is a valuable feature. If Mr. A suffers an injury that results in permanent total disability, such as loss of limb, arm, or sight, or in the unfortunate event of death due to an accident involving his car, TATA AIG provides compensation as per the policy terms. This cover offers Mr. A peace of mind, ensuring financial protection beyond just vehicle damage.

TATA AIG’s comprehensive car insurance provides extensive coverage for your vehicle and third-party liabilities. It protects against a wide range of risks, offering you financial security in case of accidents, theft, fire, floods, natural disasters, and more. This policy ensures that you are covered for both your vehicle and any third-party damages, including injuries and property damage caused by your car.

• Coverage for Third-Party Liabilities

This insurance covers damages caused to another vehicle, property, or injuries to a third party. If you’re at fault, your policy helps pay for their damages, easing the financial burden on you.

• Protection for Your Vehicle

Comprehensive car insurance safeguards your car against accidents, theft, fire, floods, and vandalism. It ensures that your vehicle is well-protected in all unexpected situations, offering you peace of mind.

• Personal Accident Cover

This policy includes compensation for the owner-driver if they are injured or killed in an accident. It offers 100% compensation for major injuries or death, helping to cover medical expenses or loss of income during recovery.

• Peace of Mind

With comprehensive coverage, you avoid unexpected repair or replacement costs. TATA AIG’s policy ensures that you are financially protected in case of damage to your vehicle or a third party.

• Customisation with Add-ons

You can further enhance your coverage with various add-ons such as:

• Depreciation Reimbursement: Covers depreciation costs for parts.

• Roadside Assistance: Provides emergency services like towing and breakdown assistance.

• No Claim Bonus (NCB) Protection: Keeps your NCB benefits intact even after making a claim.

• Consumable Expenses : Covers essential consumables like brake fluid, engine oil, etc.

A comprehensive car insurance policy offers extensive protection beyond just third-party liability, ensuring financial security against unforeseen damages. Here are the key benefits of opting for full comprehensive car insurance:

• Third-Party Protection: Covers injuries, property damage, or legal expenses if your vehicle causes an accident. Liability for third-party damage is also subject to specific limits of indemnity as per the policy.

• Own Vehicle Coverage: Protects against accidents, theft, fire, and natural disasters like floods, earthquakes, or hailstorms. Loss due to malicious acts or terrorism is also covered.

• Personal Accident Cover: Provides financial support in case of injury, disability, or death due to an accident. Compensation is provided for bodily injury resulting from external, violent, and visible means

• Cashless Repairs: Get your car repaired at network garages without paying upfront. Repairs must be carried out at authorised service stations for direct settlement.

• Customisable Add-Ons: Enhance your plan with add-ons such as Depreciation Reimbursement, roadside assistance, engine protection, consumable expenses , etc. Add-ons such as ‘Key Replacement’ and ‘Return to Invoice’ are also available depending on the selected coverage.

• Affordable Comprehensive Car Insurance: Compare comprehensive car insurance prices to find a policy that fits your budget. Factors such as add-ons and deductibles play a significant role in determining the overall cost of your car insurance. However, other factors, including vehicle model and IDV, also influence the price.

When you buy comprehensive car insurance, you get extensive coverage that protects your vehicle from accidents, theft, fire, and natural disasters, along with third-party liabilities. However, it doesn't cover everything. For example, damage due to normal wear and tear or accidents caused by driving under the influence are typically excluded. Understanding what’s included and excluded helps you make an informed choice when selecting your policy.

Comprehensive Car Insurance vs Third-Party Car Insurance

Comprehensive car insurance from Tata AIG provides protection beyond mandatory third-party liability, covering your vehicle against theft, accidents, natural calamities, and other unforeseen events. To extend this protection further, Tata AIG offers a wide range of Add-Ons (Riders) that you can opt for alongside the base comprehensive policy. These add-ons address specific risks and expenses not covered under the standard policy, giving you complete peace of mind

No Claim Bonus (NCB) Protection Cover

Allows policyholders to file one own-damage claim per policy period without losing the accrued No Claim Bonus, provided the insured has maintained at least two preceding claim-free years. This preserves your premium discount benefits even after a claim.

Depreciation Reimbursement

Covers the depreciation amount deducted on replaced parts during an own damage claim. Tata AIG reimburses this depreciation for the first two claims within a policy period, reducing your out-of-pocket expenses.

Return to Invoice Cover

In cases of total loss, constructive total loss, or theft, this cover pays the difference between the Insured Declared Value (IDV) and the original on-road price of your vehicle, including registration fees, road tax, and manufacturer-fitted accessories. This compensates for depreciation not accounted for in the IDV.

Engine Secure Cover

Covers repair or replacement costs for internal parts of the engine, gearbox, transmission, and differential assembly damaged due to the ingress of water or lubricant leakage. Consumables such as engine oil and filters are excluded. This cover is valid only when damage arises from insured perils.

Repair of Glass, Fibre, Plastic & Rubber Parts

Enables repair (not replacement) of non-metallic parts such as glass, plastic, fibre, and rubber at authorised workshops without affecting your No Claim Bonus, limited to one such claim per policy period.

Key Replacement and Break-in Protection

Covers replacement costs of lost or stolen vehicle keys and locks, including labour charges for lock replacement after a vehicle break-in. This add-on excludes keys for vehicles not owned for personal use.

Tyre Secure

Provides coverage for the repair or replacement of tyres and tubes damaged accidentally, excluding damage due to wear and tear, mechanical defects, or incidents occurring within the first 15 days of policy inception.

Loss of Personal Belongings

Insures personal belongings inside the vehicle against loss or damage during an insured event, subject to exclusions such as cash, jewellery, travel documents, and items related to business or trade.

Additional Towing Charges

Pays for towing costs to the nearest garage or service centre over and above the towing amount covered under the base policy, when the vehicle is disabled due to an insured peril.

Consumable Expenses Cover

Covers costs of consumables like engine oil, lubricants, nuts, bolts, distilled water, and air conditioning gas replaced due to an insured accident. This benefit is applicable only if the vehicle is repaired at an authorised garage and there is a valid own damage claim.

Misfuelling Cover

Reimburses the cost of flushing out wrong or adulterated fuel, including replacement of damaged parts, up to a specified limit, and limited to one claim per policy period.

Daily Allowance Plus

Offers a daily monetary allowance or arranges a courtesy/hire car during the period your insured vehicle is under repair for covered damages, reducing inconvenience. Allowance and hire car benefits are subject to limits specified in the policy schedule.

Roadside Assistance

Provides emergency services such as flat tyre repair, battery jump-start, emergency fuel delivery, towing assistance, lockout support, vehicle pick-up for repairs, accommodation, and taxi support in case of breakdowns or accidents.

Emergency Transport and Hotel Expenses

Covers reasonable costs for hotel accommodation and taxi charges incurred if your vehicle is immobilised following an accident, applicable only if a valid vehicle claim exists for the same incident.

Emergency Medical Expenses

Pays for emergency medical treatment for bodily injuries sustained by the insured, driver, or passengers caused by violent, accidental external means while mounting, dismounting, or travelling in the insured vehicle.

Electric Surge Secure (for Electric Vehicles)

Covers repair or replacement costs for electric vehicles and their charging equipment damaged due to electrical surges, arcing, short circuits, or water ingress, limited to the insured declared value (IDV).

Vehicle Loan Protector

In case of the owner-driver’s death or permanent total disability due to an accident involving the insured vehicle, this add-on pays the outstanding vehicle loan amount payable to the financial institution, subject to policy terms.

Reinstate Cover

Allows reporting and claiming for damage to one vehicle panel that was not immediately reported but is discovered during a subsequent claim, provided the damage can be repaired without part replacement and occurred during the policy period.

A comprehensive car insurance policy, although highly recommended for a new car, is equally essential for an old car if you are still using it regularly or even once in a while. It will protect you against unforeseen circumstances leading to severe damage to your car, incurring excessive repair costs.

Furthermore, a comprehensive car insurance plan helps you maintain your car to the best standards and fetch you a reasonable resale value if you are planning to sell it at a later date.

However, when you purchase comprehensive car insurance coverage, you must consider the age of your car and the number of years you are planning to use it further to decide on the optimum coverage. As the market value gets lower with age, you can benefit from purchasing full coverage car insurance for your vehicle at a lower rate.

In this subsection, we will delve into the essential factors that insurance providers consider when determining the cost of your comprehensive car insurance. By grasping these factors, you can gain insights into the pricing structure and potentially optimise your coverage while keeping the premiums within your budget.

Here are the key elements that shape your comprehensive car insurance premium.

• Make, Model, and Variant of the Car The cost of the car, determined by its make, model, and fuel variant, significantly impacts the insurance premium. Expensive or premium cars tend to have higher premiums than more affordable models.

• Registration Date and Location The car's age, represented by the registration date, affects its value due to depreciation. Older cars generally have lower premiums. Additionally, the city of registration plays a role, with urban areas having higher premiums due to increased risks and repair costs.

• Insured Declared Value (IDV) The IDV is the maximum claim amount for theft or total loss, calculated by deducting age-based depreciation from the car's actual cost. Higher IDV leads to higher premiums for comprehensive policies.

• Add-ons Selected Add-ons provide additional coverage benefits, but each comes with an additional premium. Including add-ons in the policy increases the overall premium.

• Available No Claim Bonus (NCB) Accumulated NCB allows policyholders to claim premium discounts when renewing their comprehensive car insurance policy, rewarding them for claim-free years.

• Driving Record and Claim History A clean driving record and claim history reflect lower risk, leading to potential premium discounts. Conversely, a history of multiple claims may result in higher premiums.

• By understanding these factors, car owners can make informed decisions while choosing the right comprehensive car insurance policy that suits their needs and budget.

Calculating the premium for a comprehensive car insurance policy may seem daunting, but fear not - Tata AIG is here to make it a breeze! By breaking it down into manageable steps, we ensure you understand the components of the calculation.

• Determine the Insured Declared Value (IDV) To begin, calculate the IDV of your car by considering the list price and the cost of accessories. Once depreciation for both the vehicle and its accessories is deducted, the IDV is derived.

• Assess No Claim Bonus (NCB) and Other Discounts Refer to the NCB table to determine the NCB discount applicable to the Own Damage component. Additionally, consider any insurer-declared discounts applicable to the car insurance renewal premium.

• Calculate Own Damage Premium Using the formula [Insured Declared Value * Insurer’s Premium Tariff] + [Add-ons] - [NCB discount], calculate the Own Damage premium for your car insurance policy.

• Determine Third-Party Cover Tata AIG's third-party car insurance cover is calculated based on your car's cubic capacity, per the Insurance Regulatory and Development Authority of India (IRDAI) rates. Check the prevailing rates for your engine's cubic capacity.

• Evaluate the Total Cost of Add-ons The add-ons you select will contribute to the policy premium. Determine the cost of each add-on or the total cost of all the add-ons combined.

To sum it up, the comprehensive car insurance premium is calculated as follows**

[Own Damage Premium] – [No Claim Bonus + Discounts] + [Cost of Add-ons] + [Third Party Premium as Fixed by IRDAI]

Complicated? Not with Tata AIG!

We provide an online car insurance premium calculator that simplifies the process. You can calculate your car insurance premiums hassle-free with simple steps:

• Enter your Car Registration Number.

• Click on 'Get Price' for a new policy or 'Renew' for the Tata AIG car insurance renewal premium calculator.

• Provide the required information, and with a click on 'Get Quote,' you'll have your car insurance cost at your fingertips.

Filing a claim under your comprehensive car insurance policy is a simple process that ensures you receive financial support for vehicle damages, third-party liabilities, or theft. Here’s a step-by-step guide to help you through the claim process:

Step 1: Report the Incident

Immediately inform Tata AIG about the damage, theft, or accident. Claims must be reported as soon as reasonably possible after the event. You can initiate the claim via the online portal, mobile app, or toll-free helplines. If the vehicle is stolen, the insured must report the theft to the police within 48 hours and obtain an FIR or a written acknowledgment from the police authorities.

Step 2: Submit Required Documents

You need to submit several documents, including the insurance policy details, vehicle registration certificate (RC), driving license, FIR (if applicable), repair estimates, and maintenance records. Any additional documents required by Tata AIG will also need to be submitted.

Step 3: Vehicle Inspection and Claim Approval

Tata AIG may arrange for a surveyor to assess the damage to the vehicle before the claim is approved. The insured vehicle must be transported to an authorised location for the inspection. If repairs are necessary and the estimated cost does not exceed Rs. 500, the insured may authorise the repair and inform Tata AIG later.

Step 4: Claim Settlement

If the repairs are carried out at a network garage, Tata AIG will directly settle the bill with the garage. For repairs done at non-network garages, the policyholder must pay the repair cost upfront and apply for reimbursement from Tata AIG. The insurer may also choose to repair, replace, or pay the cash equivalent for the loss.

When you purchase comprehensive car insurance, understanding the claim process ensures a smooth experience and prompt financial support in the event of unexpected incidents.

At Tata AIG, we don't just offer comprehensive car insurance; we deliver peace of mind. Our comprehensive coverage and dedication to customer satisfaction set us apart as a trusted partner on your car ownership journey.

With us by your side, you can drive with confidence, knowing that your prized possession is protected under the vigilant care of Tata AIG.

• Unbeatable Premium Offers Choosing Tata AIG's comprehensive car insurance policy has the added benefit of saving more on your insurance premium. We offer attractive discounts online, ensuring that protecting your car from potential damages doesn't weigh heavily on your pockets!

• Extensive Cashless Network Garages With a vast network of over 7500 garages spread across the country, finding the nearest one to your location becomes a breeze. Rest assured, if your car needs repairs, we'll pay the payment settlement directly with the network garage, making the process hassle-free.

• Roadside Assistance Cover We understand the inconvenience of a car breakdown, so our Roadside Assistance Cover comes to your rescue. Offering on-spot repairs and towing facilities to the nearest network garage, we ensure you get back on the road quickly. Just call our Roadside Assistance number at 022 6489 8282.

• Happy Customers Count Our commitment to delivering quality services has earned us a content customer base of over five crores. We strive to maintain the same level of service excellence, ensuring our customers' satisfaction remains at the forefront of everything we do.

• Streamlined Claim Intimation Filing a comprehensive four-wheeler insurance claim is easy with our simple claim intimation process. We've designed it to be quick and user-friendly, so you can settle your claim online in just a few easy steps, giving your car the protection it deserves.

• High Claim Settlement Ratio Tata AIG boasts an impressive claim settlement ratio of 98% during FY 2020-21. It speaks volumes about our commitment to efficient and swift claim settlements. With our car insurance policy, we guide and support you throughout the claim settlement process, ensuring no delays

Prepare to embrace the open road with unwavering confidence, for Tata AIG's comprehensive car insurance is your ultimate co-pilot on this thrilling voyage. As you set your sights on new horizons, let the wind carry you, knowing that you've chosen a partner committed to safeguarding your dreams with utmost dedication.

Embark on this exhilarating journey to secure your ideal policy, following these steps that make the process a seamless adventure

• Prepare for Takeoff Open your internet browser and navigate to Tata AIG's official website. Once you've arrived at the website, steer straight to the Car Insurance section.

• Personal Details Share your personal information, including your name, contact details, and address. These details are essential for processing your insurance application and generating personalised policy documents.

• Car Details Unveil the unique characteristics of your beloved bike - its make, model, variant, manufacturing year, registration number, and other relevant details. By providing these insights, we can tailor the premium and coverage to suit your car's needs perfectly.

• Review and Customise Your journey doesn't end with filling in the details; it's time to navigate the course of your policy. Review the policy details, coverage limits, deductibles, and premiums. Make necessary customisations based on your preferences, ensuring your chosen policy aligns perfectly with your requirements.

• Smooth Payment The road to comprehensive coverage is paved with convenience. Proceed to the payment stage, where you can choose your preferred method. Whether through net banking, debit/credit cards, or digital wallets, paying for your chosen policy is a breeze.

• Policy Issuance Like a cherished map, your car insurance policy documents will be carefully crafted and issued. These documents will be sent to your registered email address or made available for download on our website. Take a moment to review and save them, for they will be your trusted companions on this voyage.

• Renewal Reminders Remember to keep track of your car policy's expiry date as you cruise through life's adventures. Set reminders to ensure timely renewal, and we will make the process effortless with easy online renewal options. By renewing before it lapses, you provide continuous coverage, ready to embrace the unknown confidently.

While a comprehensive car insurance policy is highly recommended for any individual seeking complete protection for their cars, it is essential for the following categories of people.

• High-value car owners- A comprehensive car insurance policy offers extensive coverage, including damages due to accidents, thefts, and man-made or natural disasters. It will serve as a safety net to accommodate any unforeseen incidents.

• New car owners- A new car is a highly-valued possession. If you want to maintain your car to the best standards, you must consider having comprehensive insurance as a backup for financial security. And with an add-on cover such as depreciation reimbursement car insurance, it will ensure complete protection at any time.

• People exploring different places- If you are a person who likes to travel and explore different places, you need to have a comprehensive car insurance policy. It will serve as a financial safeguard to enjoy your travel experiences. You can compare and choose the best comprehensive car insurance in India at an affordable rate.

• People residing in metropolitan cities- If you are residing in a metropolitan city such as Chennai, Delhi, Mumbai, etc., you are bound to face heavy traffic almost every day. It can lead to minor accidents that can cost you a great deal of money.

• People residing in accident-prone zones- If you are commuting through accident-prone zones or reside in such places, you need to seek complete protection for your car, irrespective of the comprehensive car insurance cost. It will protect you against any unprecedented events that are highly probable to occur.

• Beginners to driving- If you have just started driving, you might find it challenging to drive in localities that may not be familiar to you or park your car in a restricted space. In such cases, if you happen to cause an accident, comprehensive car insurance will be a financial shield protecting you from excessive expenses.

• Car enthusiasts- If you are a car enthusiast concerned about every single dent or scratch on your car and want to preserve it to the best quality, as always, comprehensive car insurance is undoubtedly ideal.

Tata AIG comprehensive car insurance offers extensive coverage with various add-on options that can let you customise the car insurance policy to your advantage. You can customise it at the time of purchase or car insurance renewal online or offline.