Surat is a vibrant city located in the western state of Gujarat in India. The city is known for its rich history, cultural heritage, and bustling trade. Surat is also home to a growing population of car owners. Owning a car in Surat allows you to navigate the city's bustling streets and explore its many sights and sounds with ease.
However, owning a car also comes with its fair share of risks, which is why having car insurance is important. Car insurance protects you from financial losses in case of accidents, theft, or damage to your vehicle.
Here, we have outlined the top 5 car insurance companies in Surat offering competitive insurance policies in terms of price, inclusions, and ease of claims process.
ICICI Lombard: ICICI Lombard is a leading insurance provider in India that offers a range of car insurance policies to suit different needs and budgets. The company provides comprehensive coverage options, including own damage, third-party liability, and personal accident cover. ICICI Lombard also offers a hassle-free claims process with a high rate of customer satisfaction.
Bajaj Allianz: Bajaj Allianz offers affordable car insurance policies that come with a range of benefits, including third-party liability cover, personal accident cover, and own damage cover. Bajaj Allianz also offers add-ons such as zero depreciation cover and engine protection cover. They are known for their fast and efficient claims process.
HDFC Ergo: HDFC Ergo offers comprehensive car insurance policies at competitive rates. The company provides a range of coverage options, including third-party liability, own damage, and personal accident cover. The claims process is straightforward and has a high rate of customer satisfaction.
TATA AIG: Tata AIG offers car insurance policies that come with a range of add-on covers such as personal accident cover, roadside assistance, and engine protection cover. The company also provides cashless claim settlement services at over 3000 authorised garages across India.
Reliance General Insurance: Their car insurance policies provide comprehensive coverage for a range of risks, from accidents to theft and natural calamities. With benefits like cashless claims at network garages, 24/7 roadside assistance, and coverage for third-party liabilities, you can be confident that you are protected no matter what happens on the road. Given their affordable rates, Reliance General Insurance is an excellent choice for budget-conscious car owners who want affordable but comprehensive coverage,
Here are some tips and options to help you get a car insurance policy with a low premium in Surat.
Compare insurance policies: The first step to getting a car insurance policy with a low premium is to compare different insurance policies offered by various insurance companies in Surat. You can use online comparison tools or visit insurance company websites to compare policy features and premiums.
Opt for a higher deductible: A deductible is an amount that you need to pay before your insurance policy kicks in. Choosing a higher deductible can help lower your premium amount as it reduces the risk to the insurance company.
Maintain a good driving record: Insurance companies in Surat often offer lower premiums to drivers with a clean driving record. Avoid traffic violations and accidents to maintain a good driving record and get a lower premium on your car insurance policy.
Install safety features: Installing safety features like anti-theft devices, airbags, and anti-lock brakes can reduce the risk of accidents and theft. Insurance companies may offer lower premiums for cars with these features.
Buy a policy with limited coverage: If you have an old car, consider buying a policy with limited coverage, such as third-party liability insurance. This type of policy provides coverage only for damages caused to a third party and can help reduce your premium.
Ask for discounts: Many insurance companies in Surat offer discounts on car insurance policies. You can ask for discounts for factors like low mileage, safe driving habits, and multiple policies with the same insurance company.
Here are some steps to follow while filing a car insurance claim:
Inform the insurance company: The first step is to inform the insurance company about the incident, providing all necessary details and documents like the policy number, vehicle number, and incident report.
File a claim: Once the insurance company receives the information, you can file a claim through their website or mobile app by filling in the necessary details and submitting the required documents.
Inspection: The insurance company will then send an authorized person to inspect the damages and estimate the cost of repairs.
Approval: After the inspection, the insurance company will either approve or reject the claim based on the policy terms and conditions.
Reimbursement: If the claim is approved, the insurance company will process the reimbursement for the repairs or damages.
Here are some essential requirements for applying for car insurance in Surat:
Vehicle information: The first requirement is information about the vehicle, such as the make and model, year of manufacture, registration number, and engine and chassis number. These details are necessary for the insurance company to provide accurate coverage based on the value and risk factors of the vehicle.
Personal details: You will need to provide personal information such as your name, age, address, and contact details. You will also need to provide details about your driving history, including any accidents or traffic violations.
Valid driver?s license: A valid driver?s license is necessary to apply for car insurance in Surat. The insurance company may also ask for a copy of your driver?s license as proof of identity.
Previous policy details: If you are renewing your car insurance policy, you will need to provide details of your previous policy, including the policy number, expiration date, and any claim history.
Vehicle registration certificate: You will need to provide a copy of your vehicle registration certificate as proof of ownership.
Vehicle inspection: Some insurance companies in Surat may require a vehicle inspection before issuing the policy. This inspection is to evaluate the condition of the vehicle and estimate the risk factors involved.
A list of the documents that are typically required to apply for car insurance in Surat:
Vehicle registration certificate
Previous insurance policy details
Driving license copy
ID proof, such as a PAN card, Aadhar card, Voter ID card, etc.
Vehicle details such as make and model, year of manufacture, registration number, engine, and chassis number
Proof of address such as a utility bill, bank statement, or rental agreement is required as proof of address
Car insurance is a type of insurance policy that provides financial protection against damage or loss caused to your car due to unforeseen events such as accidents, theft, or natural disasters.
Yes, as per the Motor Vehicles Act, it is mandatory to have third-party liability car insurance in Surat.
No Claim Bonus is a discount on the premium offered to policyholders who have not made any claims in the previous year.
Yes, most insurance companies offer the option to renew car insurance online through their website or mobile app.
The premium for car insurance is calculated based on factors such as the make and model of the car, age of the car, location, and driving history.
Yes, the car insurance policy can be transferred to a new owner if the car is sold or transferred to another person.
If a car accident takes place while someone else is driving your car, the insurance policy will cover the damages caused. However, the premium may increase in the future.
The validity period of a car insurance policy is typically one year.