Reliance General Insurance Company Limited is a well-known private insurer in India. They offer a variety of car insurance like Car Insurance, Third-party car Insurance, Long term Car Insurance, Own Damage Car Insurance, Commercial Vehicle Insurance, Bus Insurance, and Commercial Car (Taxi) Insurance.
Reliance Car Insurance provides you with transparent procedures, greater results, and more convenience are the cornerstones upon which Reliance bases its vehicle insurance plans and policies.
You obtain quicker claim approvals and smooth settlements based on your assessed eligibility with their simple-to-claim registrations.
To top it all off, you may upgrade your insurance plans with worthwhile add-ons that advance your coverage and provide improved automobile safety.
Reliance Car Insurance involves Comprehensive Car Insurance, Own-Damage Car Insurance, and Third-Party Car Insurance.
Reliance Car Insurance offers you a lot of features and benefits in a single-car insurance plan. These are as follows:
The claim settlement ratio of the Reliance Car Insurance plan is enough to tell you about its credibility. They have maintained an excellent 98% claim settlement ratio.
They have a network of 9100+ garages for your convenience. They work on the concept of cashless payment from insurance holders.
You can claim by virtually inspecting by using their Selfi App. Selfi App also allows you access to a cashless garage network in a single platform.
They have an attractive discount on cash insurance plans and also allow one to choose cost-effective premiums to cut down the premium rates in the best way possible.
Speedy documentation process and 4-step simple and easy claiming process.
You can renew and buy their insurance plans at your fingertips with only a few clicks on their website and official Selfi App.
A variety of add-ons in reliance car insurance will be there for you as additional services.
There are 7 add-on covers you will get with the reliance car insurance policy. You will get the choice to add any of the below add-ons to your plan.
EMI Protection: This cover involves a total of 3 EMIs which will be paid by Reliance when your car is retained for more than 21 days while repaired in one of the garages. Every consecutive EMI will be paid after the time interval of 21 days.
Total Cover: Total Cover includes full cover in the case of loss or theft claim. The company will be responsible for the payment of road tax, octroi, and insurance premium until the claims got reimbursed.
Insured Declared Value (IDV): IDV is simply the maximum market value of the car. This add-on will help you to get the current purchase value of the car in the market at the time of claim. Factors affecting the Insured Declared Value are
The IDV differs based on the state, region, and city in which you have registered the vehicle.
Daily repair allowance: In this add-on, the cost of travelling until the car is fully repaired will be given to the policyholder when the car takes more than 3 days to be repaired.
No Claim Bonus Retention: No Claim Bonus is given to you for every claim-free year. But it is applicable only at the time of renewal. However, it becomes nil after claiming the policy. This add-on will help you to get the No Claim Bonus despite claiming it.
Engine Protection Cover: With this add-on, you will be insured for the engine of your car in the process of repair.
Nil Depreciation: Generally, most of the plans deduct the depreciation amount from the claim amount of a policyholder. However, Reliance Car Insurance gives you the benefit of getting the full amount without the deduction of depreciation at the time of claim.
The knowledge of insurance claims and the process of filing the claim is crucial for every policyholder.
More than getting a speedy claim, it helps you to be aware of any fraud detection while inspecting the best car insurance policy.
Also, it helps you to be fully prepared for the stages of initiating claims and prevent contingent losses and liabilities caused by any unforeseeable event.
Claiming process is not a complicated task. You just need to know some important details regarding the process.
There are two types of insurance claims:
In the case of cashless claims, the policyholder need not pay any amount while repairing the car in the network of garages of the insurance provider.
However, in a reimbursement claim, the policyholder will have to repair the amount which eventually gets reimbursed by the insurance provider at the time of the claim.
Scenarios in which you can claim the reliance car insurance policy
Damages due to accidents
Damages caused by natural calamities
Damages due to fire breakouts or any man-made actions
Damages due to car theft
Personal accident covers
Apart from these scenarios, you will get extra benefits or add-ons at no extra cost in Reliance Car Insurance Plan.
In Reliance Car Insurance Policy, The reimbursement claim process is so easy and fast that you can apply for the claim in the comfort of your home by directly sending an inspection video using the Official Selfi App which can be downloaded through the google play store or app store.
Or simply dial (022) 4890 3009 on your phone and report the details of the scenario, and your claim process will be initiated immediately.
Apart from that, the Reliance General Insurance official website is there for you to report accidents and claim anytime.
Steps to file a Reliance car Insurance Reimbursement claim:
Register your claim by making a video inspection using the Selfi App or you can call (022) 4890 3009 (Paid Number).
Submit important documents such as the registration and policy number, car, model type, etc.
Now you will have to wait for the claim to be evaluated and approved. You have the option to check the progress of your settlement on the Selfi App.
After the claim is approved, it will be settled, that is, you will be covered for the loss or the damage that happened.
Cashless and reimbursement claims in Reliance Car Insurance generally include the following documents:
Duly filled and signed claim form
Repair Estimates Receipts (including the amount paid by the policyholder in the case of reimbursement claims)
Copy of the insurance policy
Copy of your driving license and Registration Certificate
FIR Copy if applicable.
The company will assign a surveyor to verify the details and documents of your claim. Apart from these documents, you have to submit the repair bills as per the cost to the garage while repairing. Once you fulfil all terms and verification, you will get the amount reimbursed for your damages.
Insurance Claim is a right of policyholders, however, it is not always you will get the claim amount.
It is given based on predefined terms and conditions which were already explained to you before purchasing the Insurance plan. It is always advisable to read all the details, terms, and conditions thoroughly before buying any insurance plan.
There are some reasons sometimes you might face rejection of an insurance claim. In Reliance Car Insurance these reasons are as follows:
The claim raised against the cover is not included in the policy.
Delay in raising the request to claim.
Claim rejection due to policy expiration.
Repairing the car without informing the insurer.
Driving without seat belts and driving license.
Drink and drive.
Damages due to the use of a car for purposes other than those in the policy.
Reasons under which terms and conditions are not fulfilled.
Damages due to carelessness like travelling with heavy weighted objects in the car.
No Claim Bonus is an amount given for unclaimed policies every year. It reduces the cost of premiums by almost 50% as that amount comes back to us in the form of a No Claim Bonus every year for not claiming the policy.
As a result, it is advantageous for individuals who have good driving abilities as well because they receive a benefit for purchasing an insurance plan.
There is no specific eligibility for getting a No Claim Bonus, it depends on the insurance providers whom you are choosing. Some insurance providers provide you with it as an add-on and some charge a high premium for the same service.
In Reliance Car Insurance, you will get this service with a comprehensive plan.
And even more than that you get an extra add-on cover which is the No Claim Bonus Retention Cover where despite the expiry of the policy you will get your NCB for the previous years back in your account after the renewal of the same policy.
We pay the premium rates every year as stated by the insurer in the policy. However, we never try to check and verify the premium amount they are offering us to pay every year.
The reason we may think that we should have financial knowledge of different concepts and terms to calculate the exact amount of premium every year.
But that's not the way it looks, calculating the premium amount is as simple as doing multiplication and division of a few digits.
You just need to have a formula and there you go, simple calculations will get you out with the amount you have to pay in a financial year.
Here is how you can do it.
Search for the Insured Declared Value of the vehicle type, the age of the vehicle, and the capacity of the engine of your vehicle.
Now, calculate the IDV in the percentage form as per the Indian Motor Tariff, and put it up in the below formula:
Own Damage (OD) Premium = IDV * (Premium rate decided by the insurer) + (Add-Ons) - (Acquired discounts and benefits like NCB)
The car Insurance Premium calculator helps you a lot to verify the legitimacy of the insurance plan.
It only needs some simple details like IDV as per Indian Motor Tariff, premium rate decided by the insurer, discounts, and add-ons to calculate the cost of your plan.
It is a quite helpful tool to find instant quotes on third-party, comprehensive, and zero-depreciation insurance plans.
Using a Car Insurance Calculator is extremely important for getting information related to prices of old and new cars, trying different variables by adjusting different factors until you find you find the best price which fits well into your pocket.
Also, you can choose and experiment with the variety of add-ons before buying the actual plan.
You can access the official website with the name Reliance General Car Insurance
Contact Number:+91 22 48903009
Sr. Citizen helpline number: +91 22 33834185
You can email them at their official Id: firstname.lastname@example.org
Also, you have the option of directly visiting the Reliance General Car Insurance Branch based on your region.
Reliance Car Insurance policy document comprised crucial information about the contract between the policyholder and the insurer based on certain terms and conditions.
It is the written form and legal obligation to avoid future conflicts between the parties which reduces the potential policy risks and determines the transparency of the agreement between both parties.
Details of the policy
Insurer and Insured details
Terms and conditions involved include risks
The premium amount fixed by the insurer
Coverages involved in the policy
To download the Reliance Car Insurance policy through the policy number, you should know the policy number of your insurance policy.
You can get it directly in the paper documents which you downloaded earlier, you can again log into your personal account and check it at the insurance provider's website, by contacting the insurance agent.
Also, by visiting the Reliance General Insurance branch office or contacting customer care.
For downloading the policy document you have to follow the below steps:
Visit the official Reliance Car Insurance website
Select your policy and insert your policy number
Enter your registered number.
Generate and enter the OTP and verify it.
Now, enter your registered email-id.
A copy of your car insurance policy document will be sent to your registered email id and then, you can easily download it.
To get it in a form of a hard copy, you need to follow these steps:
Firstly, Inform Reliance General Insurance providers about the loss of papers through their customer care number or directly reporting on the website or email
Apply an FIR stating the loss of your insurance papers
Submit an application as per the guidelines given by the insurance-providing company
On stamp paper, take the signature of two witnesses and get an indemnity bond.
Submit the necessary details and verify the original document and then a new policy document will be issued by the insurance provider.
Changes you can make to your existing Reliance Car Insurance policy
Changes in the Name
Changes in the Registration number of your vehicle
Changes in the Chassis Number and Engine Number of your vehicle
Changes in Vehicle and Model
RC transfer (Forms 29 and 30 will be duly submitted with the request)
Here is the procedure to make changes in Reliance Car Insurance Policy:
You need to send an email to the Reliance GI Customer Support mail Id to change the name with the necessary details you want to be rectified. They will confirm your request and reflect the changes in your account.
You can also visit the nearest branch office with the required documents to initiate name rectification.
The Reliance Car Insurance Renewal process is very simple and easy to do. With just a few clicks, you can say goodbye to your old policy.
Let's see the benefit we will get while renewing the existing policy.
You will get the option to upgrade the comprehensive coverage plan with enhanced security and new types of risk coverage like riots, earthquakes, war, etc.
NCB Retention service is the most useful while renewing the policy.
Wide-range of new add-ons will be available on your bucket list to choose from.
You can renew your insurance policy online at any time based on your convenience.
You have three options for renewing your auto insurance coverage: using the Selfi app, going to the Reliance General Insurance website, or giving them a call at +91 22 4890 3009.
Follow these simple instructions to renew your auto insurance online:
Go to the RGI website and select auto insurance.
Fill out your car's information to compare insurance renewal quotes.
Name, email, registration number of the car, insurance policy number, policy expiration, past claim information, etc., should be filled out and submitted.
Choose a vehicle insurance renewal plan from the offered choices and the necessary add-ons.
Enter your No Claim Bonus if you were claim-free in the previous year.
Your auto insurance policy will be renewed once the necessary information has been entered and the premium has been paid.
Third-party liability insurance provides financial protection for the insured against any legal liabilities that may arise from losses or damages brought on to third-party individuals or property.
People frequently disagree on whether to get a comprehensive or third-party auto insurance policy when selecting a car insurance plan.
According to the Indian Motor Vehicles Act, third-party liability protection is a legal necessity and a fundamental aspect of a car insurance policy.
A third-party liability car insurance policy provides coverage against any legal liability arising from damages or injury caused by the insured to a third party.
While a comprehensive car insurance policy offers overall protection against damages to your car as a result of incidents unrelated to accidents or collisions caused by a third party.
Reliance Third-party Car Insurance is crucial as it helps you in the following cases:
In case of personal damages to any third party, it covers unlimited liability and helps you overcome your stress.
Cover the third-party vehicle damages
Take the charge of your personal liability by protecting you from unforeseen losses.
Coverage inclusions in Reliance third-party Insurance are as follows:
Injury to a third-party
Property damage sustained by the third party
Damage to the vehicle of third-party
Death and damage to a third party
You can directly buy the policy from the official Selfi App of Reliance General Insurance Limited.
Reliance Car Insurance premiums can be paid directly through the Selfi App or the nearest RGI branch office.
Reliance car insurance is one of the best car insurance policies in India with a 98% claim settlement ratio.
Yes, the Renewal of the car insurance policy is possible through the website or app of the insurance provider.
In other policies, it is not possible but in the Reliance Car Insurance policy, you will get the add-on of NCB retention by which you can retain your bonus.
Just go to the official website and register your policy number and follow some steps to download the copy online.
The third-party administrator is a company holding an insurance license.
A comprehensive policy is best in terms of coverages and add-ons.
You can check the status of your policy at RGI's official app Selfi. What is the customer's care number for Reliance Car Insurance? (022) 4890 3009 (Paid Number).