Nissan Car Insurance

Nissan has come a long way since it entered the Indian market, winning hearts with models like the Magnite, Kicks, and Sunny. The brand is known for its style, performance, and reliability. Owning a Nissan is about enjoying smooth drives and smart design, but protecting it matters just as much. Whether it is a compact hatchback or a robust SUV, protecting your car ensures worry-free journeys.

That is where Bajaj General Insurance steps in. Nissan car insurance from Bajaj offers comprehensive protection against accidents, theft, natural calamities, and third-party liabilities. From quick claim settlements to roadside assistance and cashless repairs at trusted garages, we have it all.

Bajaj General Insurance Limited provides a variety of car insurance plans for Nissan cars, each designed to meet specific needs and budgets. Whether you want basic compliance or all-encompassing coverage, there are four main types of insurance plans available.

1. Comprehensive Car Insurance (Package Policy): This plan covers damages caused by accidents, theft, natural disasters, and man-made events like riots or vandalism. Additional features like zero depreciation, engine protector, and roadside assistance can be added for enhanced protection.

2. Third-Party Car Insurance: Third-party car insurance is a legal requirement under the Motor Vehicles Act. It covers damages caused to another person’s property, vehicle, or life due to your Nissan.

3. Standalone Own Damage Insurance: If you already have a third-party liability policy, this plan is ideal for protecting your Nissan from damage caused by accidents, natural disasters, or theft.

4. Usage-Based Motor Insurance: For Nissan owners with limited car usage, this innovative plan lets you pay premiums based on your driving habits. Choose from kilometre-based slabs like 2,500 km, 5,000 km, or 7,500 km to enjoy cost-effective coverage.

Opting for Nissan car insurance with us ensures your vehicle gets comprehensive protection and you enjoy financial peace of mind on every journey.

1. Covers Expenses on Own Damage: Your Nissan may face damage from accidents, natural disasters, or even vandalism. A comprehensive insurance policy ensures these repair costs are covered.

2. Third-Party Liabilities: Accidents can lead to damages or injuries to third parties, resulting in legal and financial liabilities. Our third-party cover takes care of these obligations, ensuring you stay compliant with the law while protecting yourself from unexpected expenses.

3. Personal Accident Coverage: This coverage provides financial support in the event of injuries, disabilities, or fatalities caused by an accident.

4. Compliance with Legal Mandates: The Motor Vehicles Act of 1988 mandates every car owner to have at least third-party insurance. With Bajaj General Insurance Limited, your Nissan remains fully compliant with legal requirements.

5. Extended Benefits with Add-Ons: Boost your Nissan’s protection with add-ons like zero depreciation cover, engine protector, and roadside assistance.

6. Additional Convenience: Bajaj General Insurance Limited makes owning a Nissan car insurance seamless and hassle-free with paperless policy issuance, instant claim settlement, and 24/7 roadside assistance.

What Factors Decide the Nissan Insurance Premium Amount?

Several factors influence the premium of a car insurance policy — it’s not just about the car you drive, but also how, where, and even who drives it. Let’s break down the key elements that affect car insurance premiums in detail:

Type of Car

Your car is the first thing insurers look at. The make, model, age, and engine capacity play a significant role in deciding your premium.

Newer or luxury cars cost more to insure because their spare parts and repairs are expensive. Smaller, fuel-efficient cars usually attract lower premiums since they’re cheaper to fix and less likely to be involved in severe accidents.

Diesel vehicles often have slightly higher premiums due to higher repair costs.

Insured Declared Value (IDV)

The IDV is the market value of your car. It basically means what your insurer would pay if your Nissan car were stolen or totalled.

A higher IDV means more coverage, but it also means a higher premium. On the other hand, if you choose a lower IDV, your premium decreases, but you might get a smaller payout during a claim. Therefore, it is important to find the right balance.

Age of the Vehicle

As your car ages, its value depreciates, and so does your insurance premium. Older cars usually attract lower premiums because the insurer’s potential payout is less. For example, if your car is less than 6 months old, its value depreciates by 5%.

On the other hand, if it is 3 to 4 years old, the value depreciates by 40%. This means you will get 40% less of what you paid for when you make a claim.

To fix this, many insurers offer zero depreciation cover at a higher premium so that you can get back the amount you paid.

Location

A Nissan Magnite can cost around ₹5.62 lakh to ₹10.76 lakh (Ex showroom) in New Delhi and ₹6.41 lakh to ₹12.19 lakh (Ex showroom) in central Kolkata. Similarly, where you live and drive affects your premiums.

Urban areas with heavy traffic, higher theft rates, and frequent accidents often lead to higher premiums. Smaller towns or rural areas tend to have lower premiums since the risk is relatively low.

Driver’s Age and Experience

Younger drivers, especially those under 25, generally pay higher premiums because they are statistically more prone to accidents. Experienced and older drivers, on the other hand, enjoy lower premiums as they are seen as more responsible and cautious behind the wheel.

No-Claim Bonus (NCB)

If you’ve had a claim-free year, insurers reward you with a No-Claim Bonus, which can reduce your premium by 20 to 50% over time. It’s one of the best ways to save money. Bajaj General Insurance offers a No-Claim Bonus protector as an add-on so that even if you make a claim, you still get the benefit.

Type of Coverage

A third-party insurance only covers damages caused to others, making it cheaper. Moreover, they are mandatory according to the Indian government. But if you opt for a comprehensive policy, which includes own-damage protection, add-ons, and theft cover, your premium will naturally be higher.

Add-ons and Riders

Optional add-ons like zero depreciation cover, roadside assistance, engine protection, or consumables cover enhance your policy but increase the premium. To make the most of your Nissan insurance, choose the add-ons that will benefit you in the long run. You should avoid adding add-ons which you do not require for your financial benefit.

Deductibles

A deductible is the amount you pay out of pocket during a claim. If you choose a higher deductible, your premium is reduced. However, this can cause your out-of-pocket expenses to increase during an accident or theft. Therefore, always choose a plan which has minimal deductibles.

Usage and Driving Habits

Lastly, frequent driving, long commutes, or using your car for commercial purposes increases the risk of damage, leading to higher premiums. Similarly, a clean driving record with no traffic violations can lower your costs.

In short, your Nissan car insurance premium is a mix of personal factors, vehicle details, and coverage choices.

How to Choose the Right Nissan Car Insurance?

Choosing the right Nissan car insurance policy requires careful consideration of your needs, budget, and available coverage options. Here’s a guide to help you make an informed decision.

1. Assess Coverage Needs: Note down if you need only third-party insurance, which meets legal requirements, or a comprehensive policy that provides added protection for your Nissan against accidents, theft, and natural disasters.

2. Calculate Costs: Before buying a Nissan car insurance policy, review the Nissan car insurance price and make sure it aligns with your budget.

3. Select Useful Add-Ons: Enhance your policy with add-ons such as zero depreciation for full claim payout, engine protection to safeguard from water-related damages, and roadside assistance for on-the-go emergencies.

4. Check the Claim Process: A Nissan insurance is more than just an investment; it is a relationship of mutual benefit with your insurer. That’s why, before buying, review your insurer’s claim process. Also, make sure that the company has a claim settlement ratio of above 80.

5. Cashless Network: Access to a cashless network is highly crucial to your Nissan insurance. Choose an insurer with a vast network of cashless garages across India. For example, Bajaj General Insurance has a network of 7,200+ cashless garages, helping you get emergency services anywhere in the country.

6. Read Customer Reviews: Check online reviews to understand the service quality, claims handling, and customer support of our services.

Following these tips will help you select a Nissan car insurance policy that combines affordability with extensive coverage, making sure your vehicle is well-protected.

Customisable Plans

Our car insurance policies are renowned for being flexible. Everyone has different needs, and no one needs to compromise on them. That’s why we offer customisable Nissan insurance policies.

For example, Mr Singh requires zero depreciation cover but does not need any 24*7 roadside assistance on his insurance. He can easily add and remove these from his policy.

On the other hand, Ms Patekar requires roadside assistance, zero depreciation, and a no-claim bonus protector with her comprehensive coverage. She can easily add those to her cover, perfectly fitting her needs.

Vast Network of Garages

No need to worry about where to get roadside assistance in the middle of a Nissan Pathfinder car emergency. We boast a network of over 7200 cashless garages in India. Simply locate your nearest garage with our preferred garage locator and avail a cashless benefit.

All you need is your insurance policy number, and voila, cashless benefit in just a click! For instance, Mr Dutta’s car faces a tyre issue near Mumbai.

He quickly opens our app, Bajaj General and finds that he is near a cashless network garage. Mr Dutta goes there to get his tyre fixed without spending anything from his pocket.

High Claim Settlement Ratio

Claim Settlement Ratio is an important factor defining an insurance company’s legitimacy. With Bajaj General Insurance, you can rest easy knowing your claims will not be denied unnecessarily.

For example, if you want to claim your Nissan insurance, we will process your claim and verify your details within the day. Plus, if you use our app, you can get same-day payouts.

Fast Claim Settlement Process

We work around the clock for you. That’s why our claim assistance is open 24*7, ready to answer your queries. You can easily get updates on your claim status through our app ‘Bajaj General’.

Or you can also get the information from our website. Simply put in your policy and claim number. We are also available via Boing chatbot, WhatsApp and call.

100% Made in India

Bajaj General Insurance is a 100% Indian brand, offering several Nissan insurance policies at affordable rates. Buying insurance plans from us means that you are boosting an Indian company and the country’s economy.

For a claim of your Nissan insurance, the following documents are required to be submitted.

1. Claim Form: Fill in all the details of the claim form given by Bajaj General Insurance Limited.

2. Vehicle Registration Certificate: For a cashless claim, you need a copy of your Nissan Registration Certificate.

3. Insurance Policy Document: You need to provide the current policy of your insurance to claim your coverage for your Nissan car

4. Driving License: For a cashless claim, you need to provide a verified driving license of the person who was driving the car at the moment of the accident or any incident related to the car.

5. FIR Copy: This is important for claiming insurance regarding an accident, vandalism or theft.

What Documents Are Needed for a Reimbursement Nissan Insurance Claim?

1. Claim Form: You need to provide your original claim form with an NEFT mandate. This will help us do a direct bank settlement.

2. Income Proof: Collect Form 60, fill it and submit it along with your PAN card copy for your income proof or KYC.

3. Original Repair Invoice: You need to provide this for proof of expense. You can also provide us with a garage estimate.

4. Registration Certificate: You need to provide your Nissan car registration certificate (RC). You can also provide a purchase invoice or tax receipts for a new car.

Other than these, you need the same documents as mentioned in the cashless claim procedure.