Car Insurance

Car insurance is a financial protection plan that every car owner should understand and have to suit their needs. At its core, it helps you manage expenses if your vehicle is damaged, stolen, or causes harm to another person.

In India, it is mandatory to have a third-party car insurance policy as per the Motor Vehicles Act of 1988. This regulation ensures that if your car injures someone or damages their property, you are not personally burdened with the costs.

However, relying only on third-party cover leaves your own vehicle unprotected. This is where a comprehensive four-wheeler insurance plan becomes important. It not only meets the legal requirement but also covers accidents, theft, fire, natural calamities, and personal injuries.

Many people today prefer to buy a car insurance policy online as the process is simple. You can check plans, compare car insurance quotes, and purchase or renew your policy in minutes.

Wondering what the benefits of a car insurance policy are? Here are all the ways it can save your money and provide you with peace of mind:

1. Legal Compliance

As stated before, the Motor Vehicles Act of 1988 mandates that you must have at least third-party vehicle insurance. This is because it holds the accountable financially responsible and saves third parties such as pedestrians, other vehicle owners or property owners.

2. Covers Damages to Your Car

Apart from meeting legal requirements, it also provides coverage for accidents, fire, theft and natural calamities. We understand that your car is an investment. Therefore, our standalone and comprehensive packages help you mitigate these risks and drive safely.

3. Various Add-Ons

We understand that sometimes base coverage is not enough. After all, every car owner has different needs and circumstances. Therefore, with our car insurance policy, you can customise it with zero-dep cover, consumables cover and more.

4. Affordable Premiums

If you are worrying about the cost of car insurance in India, then do not worry, we have got you covered. Bajaj General Insurance's plans start from ₹2,094* only. Plus, when you buy car insurance online, you can get various discounts which will further lower your costs.

5. Fully Digital Policy

Gone are the days when you had to visit different insurers or get insurance from your dealer. Now, you can buy a comprehensive policy within minutes online. No need to waste your time and energy. Simply enter your car and personal details, pay the premium and enjoy coverage.

Compare Bajaj Car Insurance Plans

Here is a breakdown of the car insurance in India offered by Bajaj General Insurance:

Now that you know the benefits of car insurance in India, let’s understand the types. We offer 3 types of car insurance for our customers: Comprehensive, Stand-alone Own Damage, and Third-Party.

But which one should you choose? Let’s see below:

1. Private Package Car Insurance Policy

If you are searching for a plan that covers it all, then our package or comprehensive four-wheeler insurance is the best choice. It seamlessly combines the mandatory Third-Party cover with Own Damage protection.

This policy offers the widest safety net, taking care of damages to your car, other people's property, and usually includes a personal accident cover. Let’s understand how it works with an example:

Mr Singh was involved in a collision on the highway, which damaged both his car and another driver's vehicle. Our comprehensive plan handles the legal payouts to the other driver while also covering the garage bills to fix your own car.

If your car is new or you commute daily, then comprehensive car insurance will be best for you.

2. Third-Party Car Insurance Policy

Third-party car insurance is one of the most basic types of insurance. It covers damages or injuries you accidentally cause to other people, their vehicles, or their property. However, it does not cover damages to your own car.

For example, imagine you accidentally scratch another car at a busy traffic signal. This policy steps in to pay for their repair costs, saving you from unexpected out-of-pocket expenses, disputes, and potential legal trouble.

This plan is best for car owners on a strict budget or those driving very old vehicles, where replacement parts are inexpensive.

3. Standalone Own Damage Policy

While third-party insurance covers only outsider damage, this policy has your back when something happens to your car. It covers the hefty repair costs if your vehicle gets damaged due to road accidents, natural disasters such as floods, fire, theft, or sudden vandalism.

For example, if a car accidentally bumps into you and damages your hood, you can get coverage for the repairs with own-damage car insurance. However, you must remember that it doesn’t cover any damages that your car causes.

It is best for people who already have an active multi-year third-party policy (often issued when buying a new car) but want to upgrade their protection to cover their own vehicle's damages.

Getting a standard car insurance policy is a brilliant first step, but sometimes you need a little extra padding for the bumps in the road. Here are the car insurance add-ons that we provide:

1. ​Depreciation Shield

Say goodbye to paying out-of-pocket for the depreciated value of your car's parts. With bumper-to-bumper insurance cover, we settle your claims without factoring in depreciation. This ensures that you get the full replacement value for parts such as plastic, glass, and rubber.

2. ​Engine Protector

Your engine is the heart of your car, and repairs can be incredibly expensive. Whether it is water ingress during heavy monsoons or an unexpected oil leak, engine protection cover in car insurance shields you from heavy labour and repair costs for engine and gearbox damage.

3. ​Consumable Expenses

Wondering what is consumable cover in car insurance? Usually, standard policies do not cover the cost of consumables used during repairs. However, this handy add-on covers the expenses for items like engine oil, nuts, bolts, coolants, and lubricants.

4. ​24X7 Spot Assistance

Stuck in the middle of nowhere with a flat tyre or a dead battery? Do not panic. Our 24/7 roadside assistance car insurance ensures help is always just a call away. It covers towing, jump-starts, and emergency minor repairs.

5. ​Conveyance Benefit

We know how frustrating it is when your car is sitting in the garage. With this benefit, we provide a daily allowance to cover your travel expenses while your vehicle is being repaired, keeping you on the move.

6. Keys and Locks Replacement Cover

Lost your keys or had them stolen? Modern car keys are expensive to replace. We have got you covered for the cost of replacing your keys and reprogramming your locks without impacting your No Claim Bonus.

7. ​V-PAY

Meet our revolutionary, all-in-one umbrella cover. Instead of juggling multiple standalone add-ons, V-PAY offers 360-degree protection. From covering mechanical and electrical breakdowns to protecting you against cyber risks and letting you accumulate minor scratches for a single claim, VPAY guarantees a totally hassle-free, zero-deductible experience.*

*Note: Terms and conditions apply.

Steps to Calculate Car Insurance Premium Online

With a quick and straightforward car insurance premium calculator, you can get car insurance quotes online in seconds. To know your premium amount, just follow the steps below.

Step 1: Head to any car insurance calculator.

Step 2: Enter your name & provide additional details like your existing Private Car Package Policy and your contact details.

Step 3: Provide the registration number of your car or specify that it's a new car if your vehicle has not yet been registered. Fill in the details of your car's make, model, and variant.

Step 4: Mention the geographical location of your car’s registration and specify the date of registration. Mention your pin code.

Step 5: Your premium will reach your email address instantly.

9 Factors that Affect Car Insurance Premium

Understanding what affects your car insurance online price can help you choose the right car insurance policy. Your premium depends on several factors, from the car’s age to the type of coverage you select.

Here are the key factors that determine your 4-wheeler insurance cost:

1. Age of the Vehicle

As your car ages, its value declines due to wear and tear, which reduces the Insured Declared Value (IDV) and typically lowers your premium.

This plays a significant role in deciding your premium. The older the car, the higher your out-of-pocket expenses. 

2. Insured Declared Value (IDV)

IDV in car insurance represents your car’s current market value and is the maximum payout in case of total loss or theft. A higher IDV increases your car insurance price, while a lower one reduces it. Setting the right IDV balances coverage and affordability.

3. Geographical Location

Your car’s registration location and where it is usually parked influence premiums. Areas with higher accident or theft rates typically have higher premiums.

4. Car Model and Engine Capacity

Luxury cars and vehicles with engine capacities above 1500cc typically cost more to insure because repairs and replacements are more expensive. Standard models or smaller engines have lower premiums.

5. Fuel Type

Diesel cars often attract higher premiums due to their higher repair costs and increased theft risk, while petrol and CNG vehicles typically have lower premiums.

6. Type of Cover

Package car insurance covering both own damage and third-party liability costs more than standalone or third-party policies, which either cover damages to your own car or to others.

7. Claims History / No Claim Bonus (NCB)

Maintaining a claim-free record earns a No Claim Bonus, which can reduce your premium by up to 50% after five consecutive claim-free years. So, if you have an NCB, you can expect a lower car insurance online price.

8. Voluntary Deductibles (Excess)

Opting for a higher voluntary deductible reduces the insurer’s liability and lowers your premium.

9. Add-Ons

Additional covers such as zero depreciation, roadside assistance, engine protector, and consumables cover may increase your premium. So, always choose add-ons that suit your needs when you buy car insurance online.

How Can You Save on Your Car Insurance Premium?

Listed below are 7 easy tips that may help you reduce or save on your car insurance online premiums:

1. Have a Good Driving Record

Driving safely and responsibly is extremely important. It's better to have a good driving record, as insurance companies offer lower premiums to those with a clean record compared to those with a history of traffic offences due to higher risk.

2. Choose the Add-on Wisely

Undoubtedly, including the add-on riders enhances the overall security of the plan. However, you should only choose the add-ons that are required and will be advantageous in the long run. Don’t choose unnecessary add-ons as they will increase your premiums.

3. Increase the Voluntary Deductible

You can also consider increasing your voluntary deductible. This is because increasing the voluntary deductible helps to decrease the insurance premium for the four-wheeler. This is particularly useful if you want to save a car insurance premium.

4. Compare Different Plans Online

Before you purchase or renew your car insurance online, compare different quotes from your insurer. This will help you find the most cost-effective coverage without compromising on benefits.

5. Install Anti-Theft Devices

Insurance companies consider cars equipped with certified anti-theft systems to be of lower risk. Therefore, installing ARAI-approved devices can make you eligible for additional premium discounts.

6. Avoid Filing Minor Claims

You can also use your own money for small repairs, as it will help you retain your No Claim Bonus (NCB). Over time, a higher NCB can significantly reduce your renewal premium.

7. Renew Your Policy on Time

A lapsed policy can result in higher premiums and may require a vehicle inspection. Therefore, you should timely renew your car insurance online to make sure you retain benefits, such as NCB and avoid additional costs.

Looking to secure your ride without the hassle of endless paperwork? You can easily buy a car insurance policy online in just a few clicks!

At Bajaj General Insurance, we have made the process of getting your four-wheeler insurance online incredibly simple, fast, and completely stress-free.

Step 1: Click on the Buy Now button

Select the blue Buy Now button at the top of this page and log in with your phone number.

Step 2: ​Share Your Car Details

Simply enter your vehicle's registration number, make, model, and year of manufacture. It only takes a minute!

Step 3: ​Choose Your Coverage

Pick the plan that fits your needs best, whether it’s a basic Third-Party liability plan or our highly recommended Comprehensive cover.

Step 4: ​Customise with Add-ons

Enhance your protection by adding smart covers like Zero Depreciation, Engine Protection, or 24/7 Roadside Assistance.

Step 5: ​Get Your Quote

Review your Insured Declared Value (IDV) and check your customised, transparent premium quote instantly.

Step 6: ​Pay and Download

Make a secure payment using your preferred method (UPI, credit/debit card, or net banking). Your policy document will hit your inbox immediately!

​It really is that easy to give your car the trusted Bajaj protection it deserves!

How to Renew Car Insurance Online?

Is your car insurance about to expire? Don't stress. Handling your car insurance renewal doesn’t mean dealing with endless paperwork or long phone calls anymore.

​Here is your easy, step-by-step guide to renewing your policy:

Step 1: ​Hop Online or Open the App

Click on the profile icon and log in to your Bajaj account. Then, click on the 'Renew' tab, or open up your Bajaj General mobile app.

Step 2: ​Enter Your Details

Type in your existing policy number and its expiry date. We will instantly pull up your current vehicle and coverage information.

Step 3: Review and Customise

Take a quick look at your plan. This is the perfect time to adjust your Insured Declared Value (IDV) and automatically apply any No Claim Bonus (NCB) you have earned for safe driving. You can also add smart enhancements such as zero depreciation or 24/7 roadside assistance.

Step 4: Make a Secure Payment

Once you are happy with your premium quote, proceed to pay securely using your preferred method, such as UPI, net banking, or a credit/debit card.

Step 5: Get Instant Protection

That’s it! Your renewed policy document will be sent straight to your inbox, keeping you legally compliant and fully protected on the road.

​Stay safe, and enjoy the drive with uninterrupted peace of mind!

How to Check Car Insurance Status Online?

It is easier than ever to check car insurance online. Whether you are relaxing at home or on the go, staying updated ensures you are always legally compliant and protected on the road. Here is a quick, hassle-free guide on how to check car insurance validity online across various platforms:

Via the Bajaj General Website (Insurer Portal)

1. Click on the ‘Profile’ icon.

2. Log in using your registered mobile phone number.

3. ​Go to the 'My Policies' section to view your car insurance plan and check its current status.

Via the Bajaj General App

1. ​Open the ‘Bajaj General' mobile app on your smartphone.

2. ​Log in using your registered credentials.

3. ​Tap on the 'Policy Details' tab to instantly view your active motor insurance status.

​Via the VAHAN Portal

1. ​Go to the government's official Parivahan Sewa website.

2. ​Click on 'Informational Services', then choose 'Know Your Vehicle Details'.

3. ​Enter your car's registration number and the captcha code.

4. ​Click 'Search Vehicle' to see your insurance validity along with your vehicle's registration details.

Car Insurance Claim Procedure

Searching for ‘How to claim car damage insurance?’. With Bajaj General Insurance, it is easier than ever. We offer 2 types of claim procedures: cashless and reimbursement. Let’s understand them below:

Cashless Car Insurance Claims

Availability of cashless car insurance claims is easy. Simply follow the steps mentioned below:

1. Call your insurance provider or visit your provider’s website or app to register your cashless claim.

2. Receive the claims registration number that is sent to you on successful registration.

3. Move your damaged car to an authorised cashless garage shed to initiate the repairs. For a cashless garage, you can take your vehicle only to network garages, as transactions between your insurance provider and the garage happen directly.

4. Submit the required documents to your surveyor.

5. Once surveyed, your insurance company confirms the liability.

Reimbursement Claims Insurance Policy

In this, you have to shell out money from your wallet to recover the damages to your car. Your insurance company then intervenes and reimburses the expenses you incurred in the process after successful verification of documents and coverage.

Here’s how you can avail Reimbursement car insurance claim:

1. Call your insurance provider or visit your provider’s website or app to register your reimbursement claim.

2. Receive the claims registration number, which is sent to you on successful registration.

3. Move your damaged car to a garage near you. In this case, it is not mandatory to get your car serviced from a network-authorised garage.

4. Submit the required documents to your surveyor.

5. Once surveyed, your insurance company confirms the liability and initiates the reimbursement procedure.

6. Car Insurance OTS Claims is the latest offering made seamless through technological intervention. OTS stands for On-The-Spot, and as the name suggests, it allows you to make insurance claims instantly at the location of the incident.

Documents Required for Filing a Car Insurance Claim Online

When you file a car insurance online claim with Bajaj General Insurance Limited, submitting the correct documents helps ensure a smooth and timely settlement. The records required may vary depending on whether the claim is for cashless or reimbursement.

General Documents (All Claims)

1. A duly filled and signed claim form.

2. Copy of the Registration Certificate (RC). For new vehicles (less than 3 months old), the purchase invoice and tax receipts may be submitted if the RC is not yet available.

3. One officially valid ID proof, such as Aadhaar or PAN.

Additional Documents Required for Reimbursement Claims

1. Original claim form along with a NEFT mandate form for direct bank settlement.

2. Copy of the RC (or provisional documents like purchase invoice and tax receipts for new vehicles).

3. Certified copy of an officially valid document and PAN/Form 60 for KYC or income proof.

4. Copy of the driving licence of the person driving at the time of the accident.

5. Copy of the insurance policy, either physical or digital.

6. A FIR or police report, if required, is mandatory in cases of theft or third-party injury/death.

7. Garage estimate and original repair invoice as proof of expenses.

8. Cancelled cheque for NEFT payment in non-cashless cases.

When you buy car insurance online, ensure you have the soft copies of the following documents in hand to complete the car insurance application or process in minutes seamlessly:

1. Details about your vehicle, including registration number

2. A valid driver’s license

3. Bank details

4. Tax receipts

5. Filled insurance forms

We are one step ahead when it comes to providing you with hassle-free and straightforward motor insurance.

Looking for the best car insurance in India? You need a reliable insurer that genuinely has your back on every drive. At Bajaj General Insurance, we believe in providing absolute peace of mind, so you can simply enjoy the open road without any unnecessary worry holding you back.

1. ​Industry-Leading Claim Settlement

​No one wants to be left stranded or stressed after an unexpected accident. That is exactly why our stellar claim settlement ratio sets us apart. We pride ourselves on a lightning-fast, transparent process that eliminates the usual red tape. This ensures that you receive the financial support you need right when you need it most.

2. ​An Effortless Digital Journey

​Say goodbye to the hassle of endless paperwork. Our fully digital journey ensures that buying, renewing, or managing your policy is an absolute breeze. With the tap of a button on the Bajaj General app, you can instantly register and settle a claim right at the spot of an incident. It is smart, seamless, and perfectly built for the modern driver.

3. ​Extensive Network Garages

​If your car takes a hit, finding a reliable, trustworthy mechanic should not be another headache. We offer smooth, cashless repairs across a massive array of over 7,200 network garages nationwide. Simply drop off your vehicle, and we will settle the repair bills directly with the garage.

4. ​Highly Customisable Add-Ons

​Every driver’s needs are unique, which is why we offer carefully tailored policies. Whether you are looking for zero depreciation, robust engine protection, or 24/7 roadside assistance, our add-on covers provide the specialised protection required to safeguard your specific vehicle.

5. ​Around-the-Clock Support

​Accidents certainly do not stick to standard business hours, and neither do we. Our dedicated, friendly customer service team is always available to assist you. Whenever you face a bump in the road, reliable help is just a quick phone call away.

6. ​Driving With True Peace of Mind

​At the end of the day, insurance is all about feeling completely secure behind the wheel. We have built a legacy of trust by consistently prioritising our customers. Choose us as your dedicated partner that understands your journey and drives alongside you every step of the way.

Best Insurance Cover Options for Different Car Types

Every car exhibits different qualities. So why should your car insurance coverage be the same? Let’s understand the best choice for different car types below:

1. Recommended Coverage by Car Age c

2. Recommended Coverage by Fuel Type

*Note: These could vary according to availability. Please use discretion while reading.

Car Insurance for Electric Vehicles

Electric vehicles differ from regular cars, and so do their insurance needs. A standard EV car insurance policy covers essentials, such as third-party liabilities and damages from accidents, theft, or natural disasters.

However, EVs need additional covers, such as battery safety, motor repairs, and charging equipment. This is why choosing comprehensive four-wheeler insurance becomes especially important when you buy car insurance online for an electric vehicle.

With Bajaj General Insurance, EV owners can get car insurance online in a jiffy and coverage that goes beyond the basics. Below is a list of what you can expect from us:

Core Benefits for EV Owners

1. 24/7 EV-specific roadside assistance, including on-site charging support, towing in case of battery failure, and SOS-enabled emergency helpline.

2. Protection for critical EV components, such as the battery pack and electric motor.

3. Coverage for damages due to accidents, theft, fire, natural calamities, or malicious activities.

Value-Adding Add-On Covers

1. Battery and Motor Protection

2. Key and Lock Replacement

3. Consumables Coverage

4. Conveyance Benefit, covering your travel expenses while your EV is under repair

Convenient Digital Experience

1. Easily check car insurance online, compare quotes, and manage your policy through the Bajaj General App.

2. Get access to over 7,200+ cashless garages across India for quick and hassle-free repairs.

With Bajaj General Insurance, your EV is protected at every turn with online car insurance renewal. We aim to give you confidence, convenience, and complete peace of mind on every journey.

Car Insurance for a Second-Hand Car

Just like a brand-new car, a pre-owned vehicle also needs proper insurance coverage. Since the previous owner may already have an active policy, it is important to get it transferred to your name within two weeks of purchase. This ensures that the car stays protected and you remain legally compliant.

Buying Car Insurance for a Second-Hand Car (New Policy)

1. If the previous owner did not have an insurance policy, or if the policy has expired, you must purchase a new one immediately.

2. Check the car’s claims history to understand past accidents or damages before buying coverage.

3. Evaluate whether a third-party policy is enough or if you should opt for a comprehensive policy with add-ons like zero depreciation or roadside assistance for better protection.

4. Set the right IDV (Insured Declared Value) to balance premium and claim benefits.

Online Car Insurance Renewal/Transfer for a Second-Hand Car

1. If an existing policy is active, transfer it promptly to your name within 14 days of purchase, as mandated by IRDAI and the Motor Vehicles Act.

2. Be aware that No Claim Bonus (NCB) cannot be transferred to the new owner; it remains with the original owner.

3. Check the expiry date and renew on time to avoid gaps in coverage.

4. During renewal, review your requirements, compare car insurance plans online, and consider upgrading to a comprehensive car insurance policy if needed.

Why Should You Renew an Expired Car Insurance Policy Immediately?

You must renew your expired car insurance online as early as possible. The primary reason for this is to avoid legal complications, as it is illegal to drive without a valid insurance policy. Apart from this, there are two significant reasons you should renew your car insurance immediately:

1. To Avail Your No Claims Bonus

When you do not renew your policy, you will lose out on the no-claims bonus (NCB) you are eligible for. Your bonus accumulates over the years to fetch you good discounts and other benefits. If you do not renew on time, you might lose your bonus.

2. Financial Burden

Without a car insurance policy, you will need to bear the financial burden that stems from misfortunes like accidents or damage to your car. You will have to pay from your savings or pocket for the recovery of your car. To prevent the financial burden, you need to get an online car insurance renewal before your policy lapses.

Important Terminologies Related to Car Insurance

Let us now get an understanding of the various important car insurance terminologies listed below:

1. Coverage: It refers to the financial security of the plan. The coverage of the car insurance online policy will differ based on the plan that has been bought.

2. Premium: It is the sum that the policyholder needs to pay as per the policy. To enjoy the maximum benefits of the policy, it's important to pay the insurance premium on time.

3. Depreciation: Every year, the value of the car decreases by a specific percentage. The decrease in the value is known as depreciation. Also, during partial loss claims certain % of deductions is applied to the allowed parts, depending on the nature of the parts is also called depreciation.

4. Own Damage: Any losses or damages incurred by the owner of the car by way of damage to the car are referred to as own damage. It could be due to various factors such as natural or man-made calamities, etc.

5. Fixed Deductible: It is an amount that needs to be paid during an insurance claim, fixed as per the standard wording decided by the regulator. The fixed deductible charges are also known as compulsory or file charges.

6. Consumables: These include the parts of the car, like fuel filters, gearbox oil, grease, engine oil, etc. These are referred to as consumables.

7. Voluntary Deductible: It is that part of the claim that is to be borne by the policyholder voluntarily. In case the voluntary deductible is high, the insurance premium for the car will be low.