Private Car Comprehensive Policy

KEY FEATURES
Road Side Assistance
Third party damage cover
cashless image us
pun named passenger cover

ADD-ONS
Zero Depth cover
car insurance daily reimbursement Return to invoice
Personal belonging cover
emergency transport and hotel expenses cover
key replacement
multicar rebate

CAR INSURANCE BY SHRIRAM GENERAL INSURANCE
Your Car is a valuable & cherished possession for you. Before buying a car, you did a lot of brainstorming and then picked your dream car. While driving your dream car, it's so common and susceptible to unfortunate damage or loss. But, here at Shriram, we provide exclusive car insurance policy for our valuable customers. Being insured with Shriram General Insurance, you can drive your dream car with peace of mind. So, buy/renew with Shriram car insurance online now

You can buy or renew car insurance policy with your home comfort in few easy steps. With our online car insurance, you will get a comprehensive coverage that not only covers your car against the mandatory third party liability, but also against the losses caused to your car due to fire, theft, explosion, burglary, riots, strikes, earthquakes, flood, cyclones, accidents, malicious acts & terrorist activities. Besides above, having car Insurance with Shriram General Insurance, you can avail the enhanced protections through unique car insurance add on covers.

Why do you need to buy car insurance policy?
While you are busy planning for long drives, it's important that you also safeguard your vehicle. Regular maintenance and careful driving ensures smooth driving, however that would not reduce the possible risks of accident, theft and natural calamities. On the basis of the plans you opt for, you secure yourself against road accidents, theft, among others along with which you can get cashless settlement at network garages and a lot more Car insurance is compulsory in India as per the provisions of Motor Vehicles Act, 1988. But just complying with law is not enough. You have to go with the right option to get the correct offerings and functionalities. It is not only your Car that needs the protection, but you, your driver, occupants and third party as well have to be protected against accidental contingencies. Get along with a Package Cover with Add-ons to secure your way.

What Does Shriram Car Insurance Policy Cover?
Shriram General Insurance offers comprehensive motor insurance policy for all round protection and security against all the possible damages against both external and internal factors. It covers:

Loss or damage to your vehicle: Our car insurance policy covers you against any loss or damage caused to the vehicle due to the following natural and man-made calamities.

Natural Calamities With Shriram Car Insurance Policy, your vehicle is protected from Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rock slide.

Man made Calamities Shriram Car Insurance policy also protects your vehicle from Burglary, theft, riot, strike, malicious act, accident by external means, terrorist activity, any damage in transit by road, rail, inland waterway, lift, elevator or air.

Third Party Liability With Shriram, you don't need to worry about third party liability. You will get unlimited coverage i.e. whatever the court awards as your liability to the Third Party due to accidental death or injuries caused by your vehicle, will be met with by Shriram General Insurance Company Ltd.

Property Liability In case of your vehicle causing Third Party property damage, Shriram Car Insurance Policy will offer to compensate up to Rs. 7,50,000/-.

What Shriram Car Insurance Policy does not Cover?
Shriram Car Insurance policy doesn't cover accidental loss or damage suffered whilst the insured or any person driving with the knowledge and consent of the insured is under the influence of intoxicating liquor or drugs.

Shriram Car Insurance policy doesn't cover accidental loss or damage caused due to willful Negligence.

The policy doesn't cover loss or liability while the vehicle is used outside the scope of limitations of use and / or being driven by a person not duly licensed.

Shriram Car Insurance policy doesn't cover consequential loss, depreciation, wear & tear mechanical and electrical breakdown/failure or breakages.

Loss connected to nuclear or radioactivity or nuclear weapons.

Loss connected with war and related activities.

Policy deductibles: The first amount of each and every claim which you should bear. You can choose this amount as per the limits. The higher limit you choose, the greater the discount on the premium.

The Private Car Policy covers use of the vehicle for any purpose other than
a) Hire or Reward
b) Carriage of goods (other than samples or personal luggage)
c) Organized racing
d) Pace making
e) Speed testing
f) Reliability Trials
g) Use in connection with Motor Trade.

Car Insurance Add-ons:
Your Package policy does not cover the following risks but you can choose any add-on or all of them on extra premium for your safety. To further protect you and your near and dear ones we provide a range of Add-on covers. You also get to choose add-on covers of your choice with your Car Insurance policy and with our 24x7 toll free facility; help is just a phone call away:

Zero Depreciation Cover: Depreciation depicts the devaluation of the vehicle as the days pass because of various factors like vehicle age, wear and tear, obsolescence. When you buy a new car its value cost higher. And the other parts of the vehicle material made up of glass, plastic, metal has different depreciation values. In case, your car gets damaged due to an accident you can't recover the entire expenses incurred. Here, if you have Shriram car insurance policy, we will help you in replacement of damaged parts after deducting the depreciation amount. Therefore, selecting zero depreciation as your car insurance add-on is a good initiative. Zero depreciation is quite popular among people as compared to other add-ons.

Daily Reimbursement: You can have the facility of daily reimbursement if you buy the additional car insurance services from Shriram general insurance.

Return to Invoice: Return to invoice is one of the add-ons which give benefits of the invoice value of the car along with the insurance details, registration fee, and road tax. Insurers pay the required amount confirmed in the invoice in case of total loss declared.

Personal Belongings: You buy car insurance to safeguard your car from any damage in the future. What about the personal belongings, they also need to be protected. It covers the loss of personal belongings including car accessories, laptop, or electronic equipment from the locked vehicle.

Emergency Transport & Hotel Expenses: Relying on public transport may sound cumbersome. To offer a breakthrough driving experience without any roadblock to happiness and freedom, we have introduced Emergency Transport & Hotel Expenses cover. Yes, you've heard us right Isn't that an amazing thing we do for you This Add-On cover helps in compensating emergency transport & hotel expenses. You can avail Emergency Transport & Hotel Expenses add-on while buying car insurance. This cover pays you the cost for an overnight stay along with the taxi charges.

Key Replacement: Keys are essential but, several times these gets misplaced or may be stolen. In that case, if you are having the benefit of Key Replacement add-on you will get another.

Multicar rebate: Multicar rebate as the name suggests, this cover relates to those who own more than one car. It will extend the add-ons like Depreciation deduction waiver, Key replacement, and Personal belongings benefits to the car or cars at applicable rates & condition on renewal with Shriram General Insurance.

Car Insurance Online - Additional Features:
You can now instantly purchase a Shriram General Insurance Private Car insurance policy online, avail the benefit of calculating premium and choose the insurance plan that would best suit your vehicle type. Buying car insurance online can be done through a simple three step process on our website as per your convenience. Follow these simple steps to avail a policy within minutes:

Step 1:- Fill out a simple form in order to estimate the premium payable according to your car type and make.

Step 2:- Enter your personal details in the required fields such as name and address.

Step 3:- Make payment online and own online car insurance instantly.

With Shriram General Insurance, car insurance renewal is a quick and hassle free process. With minimal paperwork and speedy processing you can renew car insurance policy in no time. The renewal process is more or less the same as buying a new policy and can be done through three simple steps.

Step 1:- Enter the expiring policy details on the insurance renewal online form. The form can be accessed through the Shriram website.

Step 2:- Proceed to the next page to examine the new policy details

Step 3:- Make payment online and your car insurance policy will be renewed instantly.

How can you choose your IDV?
The vehicles are insured at a fixed value called the Insured's Declared Value (IDV). IDV is calculated on the basis of the manufacturer's listed selling price of the vehicle (plus the listed price of any accessories) after deducting the depreciation for every year as per the schedule provided by the erstwhile Indian Motor Tariff. IDV i.e., Insured Declared Value is the current market value of the vehicle that starts depreciating by the time it came out of the showroom. In, case your car undergoes total loss or theft, IDV is the amount offered you to compensate. You can obtain IDV by deducting depreciation from the market selling price of the vehicle.

How IDV calculated:
The calculation of the Insured Declared Value is based on the manufacturer's selling price of the vehicle including the listed price of the accessories. And, the depreciation value gets deducted as per the scheduled provided by the Indian Motor Tariff. It is:

What is No Claim Bonus?
A no claim bonus is the reward offered to those insured, who didn't have made a single claim during the policy period. You can get benefit accordingly when you don't file any claim and the discount keep increasing with the consecutive claim free years until it reaches up to 50% The discount in NCB ranges from 20-50% on the Own Damage premium of your car. NCB is your right and not of your vehicle. This is an acknowledgement of your safe and cautions driving throughout the policy period. The NCB discount starts with 20% after one claim free year, 25% for two consecutive claims-free years, 35% for three consecutive claim-free years, 45% for four consecutive claim-free years and ultimate of 50% discount for the entire five consecutive claim-free years. One of the significant benefits of NCB is, it keeps on increasing on every claim free year and never comes down if there is no claim.

What else Shriram car insurance will be giving you?
You will always prefer your DREAM CAR to be fully protected. An accident is an untoward incident which cannot be designed. While many of us would like to stay safe all the time, it is also best to be prepared for the worst. In this way, you will know exactly what to do without panicking and also lessen the trauma in the event you encounter a car accident. Common sense and alertness prove vital in times of emergencies. If the loss is not so severe, we suggest you to protect your NCB. Shriram General Insurance is a recognized brand for taking care of your insurance needs And, it is best for other insurance products like Overseas Travel Insurance as well as Personal Accident Insurance. If you are a vehicle owner and the car is registered in your name with the Regional Transport Authority in India, you can take our Private Car Policy. We will provide following discounts also:

Voluntary deductibles. You may opt for higher deductible over and above the compulsory deductible in which case discount will be allowed up to 35% on the OD premium of the vehicle, subject to a maximum of Rs. 2500/-

Automobile Association Discount: We will give you a discount in OD premium for your valid membership of recognized Automobile Associations such as Automobile Association of Eastern India, the Uttar Pradesh Automobile Association, the Western India Automobile Association, Automobile Association of Southern India, the Automobile Association of Upper India.

Discount for Anti-Theft Devices: If your Car is fitted with anti-theft devices approved by Automobile Research Association of India (ARAI), Pune and whose installation is duly certified by any authorized Automobile Associations, will give you discount on the OD component of premium.

ADDITIONAL FEATURES OF OUR CAR INSURANCE POLICY:
To further protect you and your near ones commuting in the vehicle with you, we offer a range of value added extensions to your Car Insurance Policy at a nominal additional premium.

Electrical & Electronic Accessories: Your electrical & electronic accessories like music players, seat covers, LCD mini TV, fog lights, etc. can also be covered.

Bi-Fuel System (CNG/LPG Kit): Your CNG/LPG Kit can also be covered either it is in-built or fitted separately.

Personal Accident: You can avail of this cover for yourself (as the insured), for the driver of your vehicle (in case you have a paid driver) and unnamed passengers as per the seating capacity of the vehicle. The Personal Accident cover to protect owner/driver is available for Rs. 15 lacs.

HOW PREMIUM GET CALCULATED?
The insurance premium of your Car is chargeable in one go. Our Premium Rating depends upon the following factors:
IDV
Cubic capacity
Geographical zone
Age of the vehicle
Add on Covers

THIRD PARTY LIABILITY:
With a package or even Act Liability Car Insurance Policy, you don't need to worry about third party liability. Our policy provides an unlimited coverage i.e. whatever the court awards as your liability to the Third Party due to accidental death or injuries caused by your vehicle. In case your vehicle causing Third Party property damage, we will offer that compensation also up to Rs. 7,50,000/-.

LONG TERM CAR INSURANCE:
Now it is mandatory to issue a three year third party insurance cover for new cars as a separate product or as part of a comprehensive insurance product. After the introduction of long term Motor Third Party insurance for new cars, we provide you following two options:

Long-term Package cover offering both Motor Third Party insurance and Own Damage insurance for three years. OR
A bundled cover with three-years for the third party component and a one-year term for the Own Damage.