Bajaj Allianz Car Insurance – Benefits, Coverages, Renewal & More!

Bajaj Allianz is one of the most trusted names when it comes to insurance. Running as a joint venture by Bajaj Finserv Ltd. and Allianz SE, Bajaj Allianz offers a wide range of insurance products for individuals and businesses as well. Trusted by many, Bajaj Allianz offers one of the best car insurance policies which meets all the requirements of insurance and provides comprehensive coverage while protecting the rider/insured. The easy system at Bajaj Allianz makes it a brand that provides utmost customer satisfaction and convenience. With add on covers, one can enhance the coverage of the car insurance policy. Whether it is about the cashless settlement or 24*7 roadside assistance, Bajaj Allianz is always available to help its customers. One can really trust Bajaj Allianz Car Insurance Plans for securing their ride.

Importance of having a car insurance policy:

The most important reason for having car insurance is the legal foundation of mandatorily having car insurance but having car insurance actually helps one in many ways. Accidents can happen to anyone and anytime, causing huge losses financially, physically and mentally. The loss is not just limited to one person but can also involve the loss of the third party as well. Insurance policy comes to rescue in such situations. 

Compensating for the financial losses, whether to the policyholder or to the third party, insurance policy supports you and provides easy options to get out of critical situations. Owning an insurance policy actually reduces the stress of an uncertain event. 

Features and Benefits of Bajaj Allianz Car Insurance Plans:

The insurance policies of Bajaj Allianz General Insurance Company Limited are designed carefully and innovatively to provide complete coverage to the insured with easy options for renewal and claim settlement. 

Some of the key features of Bajaj Allianz Car insurance Plans are 

1. Bajaj Allianz provides insurance policies for both private and commercial vehicles
2. It also provides a towing facility in case of an accident or breakdown
3. 24*7 assistance support for queries related to the insurance policy
4. Lock and key replacement option for new and existing customers
5. Add-on cover features like conveyance benefits, consumable expenses, and accident shield
6. Easy and quick settlement of insurance claim through a hassle-free process 

Bajaj Allianz comes with a handful of benefits for the policyholders

1. Bajaj Allianz provides fast claim settlement and hassle free process of inspection for settlement
2. This is the first company that provides a vehicle tracking system called DriveSmart Telematics Device
3. Bajaj Allianz offers a transfer of 50% of No Claim Bonus discounts 
4. Bajaj Allianz has a network of more than 4000 garages all over India
5. Bajaj Allianz also comes with a key replacement, zero depreciation add on covers
6. The repair cost up to 75% is reimbursed to consumers in case of normal reimbursement
7. Easy status update of claim settlement through SMS 

Bajaj Allianz Car Insurance policy cover includes: 

1. Damage or loss due to natural calamities
   Bajaj Allianz Car Insurance policy covers the policyholder in case of loss or damage due to natural calamities like earthquake, typhoon, flood, hurricane, cyclone, storm, fire, self-ignition, explosion, landslide, etc. 
   
   
2. Damage or loss due to man-made activities
   The insurance policy provides coverage for man-made causes of loss or damage like theft, strike, burglary, terrorist activity or damage due to transit(road, rail, waterway, air, lift or elevator).
   
   
3. Personal accident coverage
   Bajaj Allianz Car Insurance Plans comes with the coverage of INR 2 lakh for the driver/owner to provide protection against uncertain events or accidents. Optional accident coverage is also available for the hired driver/ driver or co-passenger. 
   
   
4. Third-Party Liability
   Bajaj Allianz also provides protection for third party liability occurring due to the accident and damage caused to any third party resulting in permanent disability or death. 

Extensions to basic car insurance plans of Bajaj Allianz Car Insurance Plans:

The extensions available for the private car policy are 

• Liability towards the paid driver, any worker or cleaner
• Accident coverage for the occupants 
• Loss or damage to accessories 

Add – on covers offered under Bajaj Allianz Car Insurance Plans:

Bajaj Allianz motor insurance policy comes with several add-on features which enhances the user experience

1. 24*7 on the spot assistance
   Bajaj Allianz provides all-round assistance of on spot support to help its customers in case of sudden breakdown or accident anywhere. Under the policy, customers also get legal assistance along with the repair of the flat tire, battery jumpstart, etc. 
2. Key and lock replacement
   The insurance policy also gives you the option to get your car keys replaced and dealing with the expenses in case they are stolen or lost. 
3. Consumable cover
   The Bajaj car insurance policy also bears the cost of replacement and repair of damaged or lost consumable items like the engine box, brake oil, gas oil, engine oil, power steering oil, etc.
4. Accident shield
   Among the add-on covers, the policy also gives cover against any injury, permanent disability or death for the driver or the passengers. 
5. Engine protection
   In case of oil leakage or water regression causing damage to the engine or the gearbox, the add on cover assists in managing the cost of any repair or replacement of the damage for just one time. This needs prior approval from the company before beginning the repair. 
6. Conveyance assistance
   The Bajaj Allianz motor insurance also has an ad-on option for per day cash assistance according to the plan selected in case the vehicle is in the garage for repair for more than a day. The policyholder gets per day cash as per the selected plan. 

List of the variants of car insurance plans offered by Bajaj Allianz General Insurance Company Limited:

Bajaj Allianz has different plans to cater to the needs of different consumers. 

1. Bajaj Allianz Best Value Car Insurance Plan:
   This is the basic insurance plan for cars offered by Bajaj Allianz. This policy has the lowest premium to be paid among all the available plans. Covering the policyholder for third party liability, 24*7 roadside assistance and personal accident cover for driver/owner, this plan protects against all the basic covers. It also comes with additional optional covers for electrical and non-electrical accessories, accident cover for co-passengers, drivers and CNG kit.
    
2. Bajaj Allianz Standard Car Insurance Plan:
   This policy also offers regular coverage. At standard rates, it offers third party liability cover, 24*7 roadside assistance, accident cover for driver/owner along with coverage for electrical and non-electrical accessories, driver cover, co-passenger personal accident cover, and CNG kit coverage. 
   
   
3. Bajaj Allianz Flexible Car Insurance Plan:
   This plan offers enhanced protection but at higher rates of premium. This policy covers third party liability, personal accident cover for driver/owner, roadside assistance in an emergency, engine protection, depreciation shield, etc. This also has options for coverage of electrical and non-electrical accessories, co-passengers personal accident cover, driver cover, CNG kit coverage. The flexible plan also offers availing No Claim Bonus of up to 50%. 
   
   
4. Bajaj Allianz Liability-only Car Insurance Plan:
   This plan covers vehicles used for commercial purposes only under which the policyholder gets third party liability and personal accident cover for driver/owner in case of permanent disability or death. 

How to buy Bajaj Allianz Car Insurance plans?

You can buy Bajaj Allianz Car Insurance Plans directly from the company, either online or offline

Online Process:

1. To buy a Bajaj Allianz Car Insurance Policy, you can do so by logging into the company’s website
2. First you need to enter you name and click on “Get a Quote”
3. Then you need to confirm if you have a Bajaj Allianz policy for your car or not
4. Then you need to fill in the details of your car’s registration details
5. The details of your car would be automatically spooled if you have had any car insurance policy for your existing vehicle ever
6. All you need to do is check and confirm the variant and the model and click continue
7. You need to mention your claim details and your policy expiry details and No Claim Bonus details
8. Confirm the pincode of registration
9. Fill in your telephone details to get a valid quotation for the same
10. Once the quotation is received, you can pay online for your car insurance policy and the policy document would be sent to your registered email id
11. However, if your policy is lapsed, there would be a survey for your vehicle, which would be intimidated by the insurer

Offline Process:

In order to buy a policy offline, you need to walk into any of the branches of Bajaj Allianz General Insurance Company Limited and buy a car insurance policy from them.

Buy Online through Turtlemint:

You can also buy Bajaj Allianz car insurance from Turtlemint which is an online website that offers various options to choose from when it comes to car insurances. From Turtlemint you can select the Bajaj Allianz and avail the extra benefits offered by Turtlemint.

To buy Bajaj Allianz car insurance policy from Turtlemint all you have to do is

1. Go to https://www.turtlemint.com/car-insurance/Bajaj-Allianz-Car-Insurance
2. Enter the registration number of your vehicle. You can also apply for an insurance plan without registration number, by entering the registration location
3. This will lead you to a new page where you will be required to fill your information like model of the vehicle, year of manufacturing and purchase, details of the existing policy (if any), claim history, fuel type , vehicle variant, name, mobile number, email address, etc.
4. You will be directed towards the various available at www.turtlemint.com by defining the benefits and premiums to be paid
5. You can choose from the options available and select the best plan after comparing with others
6. Once you have decided upon the plan, you can buy it from the same page online
7. The policy document will be sent to your registered email address.

List of documents to buy Bajaj Allianz Car Insurance Plan:

The documents for Bajaj Allianz Car Insurance Plan are:

1. Form with duly signed signature and passport size photograph
2. Copy of driver’s license
3. Copy of vehicle registration number
4. Copy of existing vehicle insurance policy, for renewal
5. KYC document, proof of identity and address

How to renew Bajaj Allianz Car Insurance plans?

Bajaj Allianz Car Insurance Renewal:

Some of the features of Bajaj Allianz Car insurance renewal are:

1. It provides cashless claims at more than 1500 garages
2. Provides towing facility in case of breakdown
3. Updates through SMS on claim status and other updates 
4. More than 1500 workshops for hassle-free inspection of vehicles
5. Cover against loss due to natural calamities
6. Cover against loss due to man-made calamities
7. Accident cover for driver/owner
8. Third-party liability cover

Bajaj Allianz Car Insurance renewal online through the company website:

Process of Bajaj Allianz Car Insurance Renewal through the official website of the company:

1. It is convenient and gives quick renewal options to its customers. With just a few simple steps on Bajaj Allianz General Insurance website, one can renew the insurance policy online
2. Click on the renew tab on the main page of the website and choose private car
3. Fill the details required for the renewal process
   • Name 
   • Contact number
   • Email address 
   • Vehicle registration number
   • Existing policy number 

After filling the details click ‘proceed for renewal’ and you will be guided towards policy details page followed by premium and policy dispatch details. After filling all the required details, the policy will be renewed. 

Bajaj Allianz Car Insurance renewal online through Turtlemint:

Alternately, you can also renew the policy online through Turtlemint. The steps are as follows:

1. You need to login https://www.turtlemint.com/car-insurance
2. You need to put in your vehicle’s registration details and then click enter
3. The details of your vehicle would be automatically spooled, which you can check or change, if necessary. The details include:
   1. Make & model
   2. Manufacturing Year
   3. Fuel Type
      1. Petrol
      2. Diesel
   4. Variant
4. Enter the policy expiry details and type of previous policy, whether third-party or comprehensive and claims made in the previous year along with the No Claim Bonus of your last policy
5. Then you need to mention which the name of the insurer from which you had your previous policy. If it is not Bajaj Allianz, the same would be ported to Bajaj Allianz, with all continuity benefits
6. You also need to mention whether the policy was previously taken from Turtlemint or not
7. Then you need to enter your name, email address, phone number and click “Next” to get the quotation
8. Then the list of policies from would be shown as per your details along with the quotation for you to choose the best possible option and click “buy”
9. Then you need to purchase the policy online by filling in your details and make the payment online
10. The policy document will be sent to your registered email address.

Documents required to renew the policy

The documents required for buying or renewing the New India Insurance policy are 

1. Name, Date of birth, address, gender and occupation and proof of identity 
2. Driving license
3. Vehicle registration certificate and number 
4. Old insurance policy
5. Recent photographs 

Discounts offered by Bajaj Allianz:

Bajaj Allianz offers various discounts to policyholders like 

1. No Claim Bonus:
   If the policyholder does not make any claim throughout the year, the policyholder is entitled to a 20% discount on second-year premium which increases every year
   1. 1 claim free year- 20%
   2. 2 claim free year- 25%
   3. 3 claim free year- 35%
   4. 4 claim free year- 45%
   5. 5 claim free year- 50%
2. Voluntary discounts:
   If the policyholder decides to pay the minimum amount of claim settlement, then this discount is offered on the premium next year.
3. Other discounts:
   Bajaj Allianz also offers discounts if the policyholder installs an anti-theft device in the vehicle and if the policyholder is a member of the Automobile Association of India.

Exclusions under Bajaj Allianz Car Insurance Plans:

The policy also has some exclusion for insurance claim like

1. Wear and tear arising out of normal ageing of the car
2. Consequential loss, if any
3. Electrical or mechanical breakdown
4. Wear and tear of the consumable accessories like tubes and tires
5. Using vehicle otherwise other than in accordance with the limitations of its use
6. Driving without a valid driving license
7. Driving under the influence of alcohol and drugs
8. Damage or loss due to war, nuclear attack or mutiny

What is the claim process of Bajaj Allianz Car Insurance plans?

There are multiple instances for claiming a Bajaj Allianz Car Insurance plan. The claiming process of Bajaj Allianz Car Insurance can be explained properly in the following steps:

1. Bajaj Allianz Car Insurance Accidental Claim:
   1. Contact Bajaj Allianz at their toll-free number 18002095858
   2. Fill claim form and lodge the claim
   3. Submit a copy of the driving license, policy document, and vehicle registration certificate 
   4. Copy of the FIR, if required 
   5. Original bill of the estimated cost
   6. Receipt of cashless service, if any
   7. For reimbursement submit original payment receipts and invoice and estimated bill
2. Bajaj Allianz Car Insurance Theft Claim:
   1. Contact Bajaj Allianz at their toll-free number 18002095858
   2. Fill claim form and lodge the claim
   3. Submit original keys along with driving license, policy document, and vehicle registration certificate
   4. Copy of the FIR
   5. Signed form 28,29,30 and 35
   6. Confirmation and ‘No trace report’ by the police of the insured vehicle
3. Bajaj Allianz Car Insurance Third-party Claim:
   1. Contact Bajaj Allianz at their toll-free number 18002095858
   2. Fill claim form and lodge the claim
   3. Copy of the FIR
   4. Copy of the driving license, vehicle registration, and policy document

Bajaj Allianz Car Insurance Claim Process:

All Bajaj Allianz Car Insurance Plans can be either cashless or reimbursed. 

Bajaj Allianz Car Insurance Cashless Claim Process:

The steps to claim for Bajaj Allianz Car Insurance Plans are:

1. You need to contact Bajaj Allianz at their toll-free number 18002095858
2. Make an appointment with the surveyor 
3. Take the vehicle to the authorized garage of Bajaj Allianz General Insurance for repair or cashless service and submit the document to the surveyor
4. Fill claim form and lodge the claim
5. The insurance company will confirm the liability 
6. Opt for cashless facilities for the settlement of repair bills 

Bajaj Allianz Car Insurance Reimbursement Claim Process:

In order to claim Bajaj Allianz Car Insurance Policy as a reimbursement, you need to pay for the expenses first and then submit all relevant documents with original bills to the company for reimbursement. 

Alternatively, you can also avail claim settlements through Turtlemint. If you bought your Bajaj Allianz Car Insurance policy through Turtlemint, you can inform Turtlemint and the company would then help you in getting your claims settled. Turtlemint has a claim handling team which handle the claims of their customers. 

You can get in touch with the company’s team of claim experts through their number 1800 266 0101 or post an email to the claim team at their ID claims@turtlemint.com. Once the team is informed of your bike insurance claim, they would take up the claim process on your behalf and coordinate with the insurance company to get the claims settled.