TATA AIG Car Insurance

Car insurance is an insurance policy to protect the vehicle from the financial damage caused to third parties (person or property) and to one's own car, depending on the car insurance policy opted for by the policyholder.

As per the Motor Vehicles Act, 1988, every vehicle is mandated by law to have at least third-party car insurance. There are 20+ car insurance providers in the country, helping people cover third-party liabilities.

Park+ helps car owners get the best car insurance policy from the leading providers at affordable prices to cover financial damages, depending on their preferences. Check out the best car insurance companies in India inlcuding Tata AIG, ICICI Lombard, Go Digit, HDFC ERGO, Bajaj General and others.

Tata AIG General Insurance Company

Tata AIG General Insurance Company is one of the reliable and trusted companies offering car insurance in India. Serving services since January 2001, it is a joint venture between the Tata group and American International Group (AIG). The company proposes a discount of up to 85% to its customers on new car insurance policies.

The company gained recognition because of its high customer satisfaction and for offering a wide range of insurance products. Right from buying a car insurance policy to filing a claim, the complete process is simple.

What are the key features of Tata AIG car insurance?

The key highlights of the Tata AIG car insurance are:

• Third-party liability: The Tata AIG car insurance provides coverage against third-party loss (person/property). It covers the disability (temporary/permanent), death, injury and damage caused to its property as well.
• Financial coverage: Car insurance provides a financial protection layer by covering the losses incurred in the unfortunate event, as covered under the policy.
• No Claim Bonus (NCB): Tata AIG offers NCB for consecutive years during which no claims are made. With this reward, the premium reduces to a certain extent depending on the number of claim-free years.
• Add-ons: Policyholders can also customise their car insurance policy by including add-ons depending on their requirements and driving dynamics. The most commonly purchased add-ons include zero depreciation, consumables cover, etc.
• Swift claims: Tata AIG has over 600 claim experts across India, making the complete claim process easy and quicker.
• Type of policies: The insurer offers a range of car insurance policies to meet the diverse needs of car owners.
• Dedicated assistance: Tata AIG claims 24x7 support to the policyholders for convenient and simple assistance.

What are the benefits of getting a Tata AIG car insurance on Park+?

In addition to covering the losses as specified in the car insurance policy, Tata AIG car insurance offers a range of amazing benefits to the policyholders. To further elevate the experience of the car owner’s Park+ has come forward, offering the Tata AIG car insurance, along with other leading providers.

Benefits of Buying Tata AIG Car Insurance via Park+

• Quicker comparison: Park+ helps you make quick comparisons to ensure policyholders get the right coverage for their car at the best quotes.
• Digital journey: Policyholders need not rush to visit offices, since everything from buying to claiming is managed online with zero hassle.
• Transparency: Park+ keeps everything from the very beginning transparent, wining trust and confidence of the policyholders.
• Real-time alerts: To help policyholders remain informed about their Tata AIG car insurance policy, reminders, alerts, and other notifications are sent as they can take the required action as and when required.
• Immediate policy issuance: Unlike the traditional method, policyholders get the policy documents within a couple of minutes after the purchase is made.
• Time saving: With the online process relating to policy comparison, buying and claiming, a lot of time is saved.

What are the different types of Tata AIG car insurance policies?

Car insurance is a must-have coverage for all vehicle owners in India. Though third-party car insurance is mandated by law, car insurance companies offer other types of car policies as well to help individuals get the right protection for their car, depending on the individual's choices

Types of Tata AIG Car Insurance:

Tata AIG Liability Only Policy

This is the third-party car insurance which covers the losses and damage caused to the third-party person or property. Tata AIG Liability Only policy covers the financial and legal risk involved in case of an accident or mishap. To be noted, mandated by law, this is the most basic policy and doesn’t cover the losses or damage caused to the one’s own car. Ideal for: Budget-conscious buyers, owner of old vehicles and for drivers who travels less.

Tata AIG Own Damage Policy

Own damage car insurance policy covers the losses or financial damage caused to one’s own car. This policy doesn’t meet the requirement of the Motor Vehicles Act, 1988 and thus, do not cover the financial and legal liabilities of third-party. This policy can be taken if one already has a third-party liability and wants to cover his car as well. Ideal for: Policyholders who wants to protect their vehicle as well and already has a third-party car insurance.

Tata AIG Comprehensive Car Insurance Policy

A comprehensive car insurance policy is highly recommended and beneficial car insurance policy. It covers the financial losses or damage caused to both parties, third and oneself as well. This policy offers a wider coverage than the own damage or third-party liability seperately

Ideal for: Car owners looking for wider coverage - third-party and own car damage as well.

Tata AIG car insurance premium calculator - what is it?

A Tata AIG car insurance premium calculator is a free online tool to calculate the amount of the premium for a specified amount of insurance. The individual can use the calculator as many times as they want for free.

Simple to use, the car insurance premium calculator helps the individual determine the amount of premium to choose the right plan that best fits the budget. To use a calculator, individuals need to provide a few basic pieces of information, such as:

• Car make, model and variant
• Registration number
• Year of manufacture
• No Claim Bonus (NCB)
• IDV

Explore add-ons for your Tata AIG car insurance

Add-ons are a way of strengthening the basic car insurance policy by customising it and adding covers that are beneficial depending on the driving dynamics. The selection of add-ons is subjective and varies depending on individual preferences.

Tata AIG offers 12 add-on options from which the car owner can choose the ones they find suitable.

The Tata AIG available add-on options are:

• No Claim Bonus (NCB) Protection Cover: This cover secures the NCB by allowing the policyholder to make 1 claim in a year. Even after making a claim, the NCB remains unaffected with this add-on.
• Roadside Assistance Cover: It covers the assistance required in case of any damage happens when the car is in-transit. It also ensure on-the-spot repairs.
• Repair Cover: This cover helps in repairing the minor damage to the car’s parts instead of replacing them. The repairs covered in this add-on are minor damages to glass, fibre, plastic and rubber parts of the car.
• Daily Allowance: This add-on covers the expenses included in daily commuting, if the car takes longer than expected and is in the garage. It usually covers the expenses for 10 -15 days.
• Emergency Transport and Hotel Expenses: If the car breaks down or meets a small accident, the cover compensates for the expenses involved in a hotel stay or to travel back to the destination or to the closest city.
• Key Replacement: It covers the cost of keys and labour charges, as well as for replacing the lock, in case they get lost or the car breaks down.
• Engine Secure: To cover the repair and replacement of the internal parts of the engine, such as transmission, gearbox, lubricating oil, consumables, etc. This cover is highly beneficial if the car is in flood-prone areas.
• Tyre Secure: It covers the repair or replacement cost of the tyres in case of an accidental loss of tubes and tyres of the car.
• Consumables Expenses: This cover compensates for the repair or replacement of the consumables, including gearbox oil, engine oil, lubricant, screw, nuts & bolts, etc., mentioned in the add-on at the time of purchase.
• Return to Invoice: This rider pays the difference between the sum assured of the car and the invoice value of the car, in case of the total or constructive loss of the car, stolen, or any other as specified under the rider.
• Loss of Personal Belongings: This add-on covers the loss of the personal belongings of the insured or their family members, excluding money, jewellery, cheques, debit cards, and other things as mentioned under the rider.
• Zero Depreciation Cover: It pays for the depreciation amount deducted from the value of the replaced parts.

Why choose Park+ to buy or renew a car insurance online?

Park+ allows a simple-to-use online platform to check, compare, buy, renew and claim a car insurance policy. For car insurance, Park+ brings together the leading providers - Tata AIG, HDFC ERGO, Bajaj General, Go Digit, United India, ICICI Lombard and National Insurance.

Comparative analysis: Park+ currently offers 7 leading car insurance providers. Car owners can easily compare the policies offered by different providers in a single place with zero hassle.

• Best quotes: Interested car owners looking for a car insurance policy can get the best quotes and choose a policy that best suits their budget and preferences.
• Unbiased: We aim at offering unbiased car insurance policies to car owners.
• Car insurance calculator: Park+ lets individuals make an informed decision by calculating the premium online for different policies for free. The car insurance premium calculator can be used multiple times for free.
• Transparency: Park+ showcases accurate information and helps the individual in decision-making, along with providing them with the important details to provide clarity.

Tata AIG car insurance provides car owners with different car policies to choose from that best suit their preferences and driving habits. Individuals should assess the risk and carefully include the add-on covers in their policies. Always check the car insurance premium calculator to assess the premium and plan the budget accordingly.