Car Insurance

Car insurance is something you all have in our vehicles. A piece of paper you print every year and tuck into your dashboards, should the traffic cops ever ask for your papers. But, your car insurance policy is more than just a way out of a ticket. It's an integral part of your financial plan. Your four-wheeler insurance helps you save on potential losses in the future. Once you have a car, you need to take care of it. And, no matter how careful you are, there's every possibility that a bump, scratch or crash could lead to hefty repair bills. That's where we step in. You pay us a small premium every year for our car insurance policy and in return, we promise to take care of your car repair bills.

We'll also look after your liability to third-party. What does this mean? Basically, if you're out and about in your vehicle and accidentally cause harm or damage to another person or their property, you won't have to pay from your pocket for the expenses. Our policy will look after all of that as well We're TATA AIG, and we give you our word that we'll look after your car as if it were our own.

Advantages Of TATA AIG Insurance

A TATA Promise
Our car insurance policies come with the 150-year legacy and trust of TATA. As an insurance company, we've been keeping our promise of looking after you, your vehicle and finances for over 20 years When we commit to something, we stick to it.

You Come First
We've made it our mission to anticipate your every need. We put your priorities above ours, always, and work to exceed your every expectation. Over our years in the insurance industry, we've taken care of 5 crore customers and our family is growing every day.

We're Performance-Driven
We have a large team that is always looking for ways to reach new heights. To ensure speedy claim settlements for all our customers, we have over 650 claim experts working hard across India. We also have a dedicated service and operations team, who will walk you through every step of the process and answer all your queries.

Integrity is Integral
We understand that public scrutiny comes with the territory. Every member of our team will conduct business in an honest, fair and completely transparent manner.

What's Covered In Tata AIG Car Insurance

Comprehensive Cover
Being a car owner in India, it is mandatory for you to buy car insurance. Buy car insurance online from Tata AIG, which acts as a true friend at the time of crisis. It provides coverage for the losses incurred in an accident or vehicle theft, thus saving you from paying huge repair bills from your own pocket. At Tata AIG, we ensure that damages incurred to your car will not result in a financial burden for you.

At the next level, there is comprehensive car insurance in India, which includes both third-party liability as well as own damage cover. The coverage of various car insurance policies from Tata AIG differs from each other.

Loss of or Damage to the vehicle Insured
Depending on the car insurance plan you've picked, your car and accessories will be covered in case your vehicle is damaged or lost due to an accident, natural calamity or malicious or terrorist act or the cause is one of the below:
Accidents of external means
Burglary, theft/ Riot, strike
Fire, explosion self-ignition or lightning
Earthquake (Fire and Shock Damage)
Natural calamities like, flood, typhoon, hurricane, storm, tempest, inundation, cyclone,
hailstorm, frost
Terrorist Activity/Malicious Act
Landslide/Rockslide

Liability to Third Parties
Our car insurance policy doesn't just look after damage to your car. We'll also take care of third-party liability, which you need to legally drive your car on Indian roads. If you happen to meet with an accident and another individual is hurt or their property is damaged, our car insurance policy will help cover the expenses.

Personal Accident Cover for Owner-Driver
If you have been injured or hurt in a car accident, our car insurance policy will cover injuries that you have incurred. Sometimes the injuries are mild, but on some rare occasions, they may end up being severe leading to loss of limbs/ eyesight permanent disablement and in some extreme cases even death. Whatever the situation, our car insurance policy will be there for you.

What's Not Covered In Tata AIG Car Insurance

There are a few things that we're unable to help with. Here's a look at some general exclusions under our car insurance:

If the vehicle is used for hire ore reward, racing, speed testing, reliability trials etc.

If the vehicle is used outside the geographical area i.e. outside India
Any consequential loss, wear & tear, Mechanical & electrical breakdown

Nuclear perils, war & war like operations

Damages to the vehicle if a third-party liability only car insurance policy has been purchased

Add Ons For A Unique Plan And Extra Protection

No Claim Bonus Protection Cover
Everybody loves a discount. But in the event that you have to make a claim, you risk losing your NCB. With this additional car insurance cover, you can make a claim or against your car insurance policy within a policy year without having it affect your overall NCB. Hence, Your No claim Bonus (NCB) does not get exhausted even after a claim in the current car insurance period, at the time of policy renewal, we will offer you the same expiring no claim bonus. The number of claims will depend on your specific car insurance plan, so it's best your check your car insurance policy documents to find out exactly what's allowed.

Road Side Assistance
Can you think of anything worse than having to pull over in the middle of a lovely drive because your car is suddenly not working the way it should? Anything from a flat tyre to a dead battery might cause a delay in your scheduled trip. With this car insurance add-on, we'll provide road-side assistance so you don't have to figure out what's wrong with your car by yourself. We'll also offer on-the-spot repairs, depending on the kind of damage, to help you get back on track as quick as we can.

Repair of Glass, Fibre, Plastic & Rubber Parts
If you've got a small nick in your glass, rubber, plastic or fiber parts, you don't necessarily have to replace the whole part. With this car insurance add-on, you can head to an authorized service station or garage and get the part repaired instead. The best part You're entitled to make one repair claim against your car insurance policy every year without it affecting your No Claim Bonus (NCB)

Daily Allowance
We understand that your precious car is your favourite mode of transport. But if the car needs to be in the repair shop for longer than expected, we'll provide you with a daily allowance to make moving around a little easier. This will be payable for 10-15 days depending on the cause of car insurance claim.

Emergency Transport & Hotel Expenses
There's nothing better than a road trip so you can explore more of this beautiful country. But, it's possible that a small accident may dampen your spirit. With this car insurance add-on, you don't have to worry. If you're on the road, we'll help you pay for an overnight stay in a hotel or help look after the charges you would have to pay to travel back home or to the closest city you're travelling to. You won't have to worry about being stranded in the middle of nowhere.

Key Replacement
We shall cover the cost of key replacement in case they are lost/stolen or if your car has been broken into. This will include the labour cost for replacing the locks.

Engine Secure
Got a new car Live in a flood prone area Protect your engine against damage with the engine secure feature We shall pay you for repair and replacement expenses of internal parts of the engine, gearbox, transmission and differential assembly. We will also pay for the lubricating oil and consumables used in assembly but can't pay for fuel obviously.

Tyre Secure
This covers repair & replacement expenses arising out of accidental loss or damage to tyres & tubes.

Consumable Expenses
We will cover the cost of consumables required to be replaced/replenished arising from an accident to the insured car. Consumables shall include engine oil, gear box oil, lubricants, nut & bolt, screw, distilled water, grease, oil filter, bearing, washers, clip, break oil, air conditioner gas and items of similar nature excluding fuel.

Loss of Personal Belongings
We will pay for the loss or damage to your and your family member's personal belongings such as clothes and other items that are more likely to be worn, used or carried and includes audio/Video tapes, CDs. Can not include money, jewellery, bank related items like debit cards, cheques etc. A more detailed list is available in the policy document. Please note the belonging should be present in car during the time of damage to the car.

Return to Invoice
In case an accident leaves you with a four wheeler that is total loss or constructive total loss or in case of theft; under this cover, we shall reimburse to you the difference between the amount you receive and the invoice value of the car.

Depreciation Reimbursement
Under this cover we shall pay you the amount of depreciation deducted on the value of replaced parts under own damage claim. Only the first two claims can avail this benefit. Please read policy wordings for more details,

Benefits Of Getting Car Insurance

It's Quick
Buying car insurance online doesn't have to be a full-time job. When you buy your four-wheeler insurance policy from TATA AIG online, you can browse, select and purchase your policy in just three easy steps! Once you pay the premium, we'll have the policy sent to your inbox, ready to be printed.

It's Customizable
Our comprehensive car insurance policy comes with up to 13 add-ons that you can pick and choose from. So, get ready to customize your car insurance cover based on your personal needs. From zero depreciation to engine cover and more you'll find everything you need to secure your wheels.

We Have a High Settlement Ratio
Before you buy or renew your car insurance policy, we're sure you'd like to know how likely you are to get your settlement if you raise a valid claim. Well, we're proud of our stats. In FY19-20, we settled 98% of the claims that came our way. So, if you ever make a claim against your TATA AIG car insurance policy, there's a very good chance you get the settlement you deserve.

Complete Security for Your Car
With our car insurance policy, you can be rest assured that your car and your finances will be taken care of. We'll secure your car against loss, theft and all kinds of damage. So, even if something terrible were to happen to your car, we'll help you with the costs involved with replacing your vehicle.

We Have a Wide-Reaching Network
Cashless claims with TATA AIG's car insurance policy is easy. We have a network of over 7,500 garages across India, so no matter where you are, you'll have a network garage close by for a cashless claim. In the unlikely possibility that you're unable to get to one of our network garages, you don't need to break a sweat. You can head to any trusted garage and get the repairs done. We'll work on getting you a reimbursement claim instead. Either way, your car will be taken care of.

Easy Claims
Our online claims process is quick, easy and completely pain-free. Head to the TATA AIG website and fill up the online claim form. We need a few basic details, such as your car insurance policy number, your name and contact details and information about the accident. Once you hit the submit button, your claims process will be underway.

Factors To Consider While Buying Car Insurance

Zero Depreciation Cover
Your car is made up of a number of parts that will likely wear out over time. Every year, the value of your car and all its parts will depreciate due to usage and general wear and tear. Let's say you meet with an accident after a few years and need to get a part replaced. The purchase of the part will be at actual cost, but your insurance provider will only cover the depreciated cost of the part since that's what the part is worth at the time. So, you'll have to pay the difference out of your own pocket. On the other hand, if you have a Zero Depreciation Cover with your policy, you don't have to worry about depreciation. When you purchase this cover along with your comprehensive car insurance policy, your provider will pay you the cost of the part without factoring in depreciation. This is a great cover to have, especially for new and luxury cars, since the parts can be quite costly.

The Claim Settlement Ratio
Another important thing you need to check before you purchase or renew your car insurance policy is the insurance provider's claim settlement ratio. The ratio will tell you how many claims they settled out of the total number of claim requests they received. At TATA AIG, we're committed to keeping our promise of looking after you, your car and your finances. In FY19-20, we settled 98% of the claims that came our way.

The Car's Insured Declared Value (IDV)
If you've been looking up car insurance policies for a while, we're pretty sure you've come across the term IDV. Basically, it refers to the current market value of your car. The IDV is the maximum amount that your insurance provider will give you in case there's complete loss of your car. For new cars, your IDV will be quite similar to the price you paid. For the next four or five years, the IDV will decrease at a fixed rate due to the depreciation of the various parts of your car. For older cars, you and your car insurance provider can agree upon the IDV.

The No Claim Bonus (NCB)
If you've managed to make it through a year of your policy without making any claims, you're eligible to claim a No Claim Bonus. It's a discount on your car insurance premium for the following year. The discount starts at 20% and for every additional year you enjoy without making any claims, the discount will increase. The maximum discount you can enjoy is 50%.

The Add-ons Available
To ensure you and your car have the best possible protection, you may want to purchase a few add-ons along with your car insurance policy. An add-on offers additional cover for a small cost, which is added to your total premium. At TATA AIG, we offer 13 add-ons that you can select from to get the best kind of cover for your personal car insurance needs. From roadside assistance to repairs of your glass, fiber, rubber and plastic parts, daily allowance, key replacement and more, we're sure you'll find add-ons that suit your requirements.