This is a comparison of the two Indian car insurers, Tata AIG and Reliance Car Insurance. This article will explain the differences between these companies and help you decide which one to use for your car insurance needs.
Benefits
- Third-party Damage covers damage to third party property/vehicle, and injury that results from an accident.
- Any damage or loss that results from an accident with another vehicle, animal or thing, such as a building, pillar, etc.
- All damage or loss that is caused by bad weather conditions, natural calamities or other factors are also covered
- All damage or loss caused by an external explosion or fire are also covered.
- You can access a large network of cashless garages.
- You can get up to 50% off with no claim bonus
- Car insurance that covers Own Damage covers damage from accidents, man-made and natural disasters
- You can add up to 13 additional add-ons for your four-wheeler to your all-around car insurance policy. You can choose from a variety of smart rider options that are available for an additional fee.
- You can trust our network of more than 7500 garages to provide cashless car repair services.
Reliance Car Insurance
- You can access a large network of cashless garages.
- You can get up to 50% off with no claim bonus
- You can customize your policy by adding optional add-ons. You can choose from a variety of smart rider options that are available at an additional premium.
- For any questions regarding the policy or intimation of a case, you can call 1800-123-4003 for guaranteed 24*7 customer service.
- Within 7 working days of receipt of all documents, decision on claims approval.
- Different car insurance products can be tailored to meet the needs of policyholders.
- Third-party Damage covers property or vehicles of third parties and injuries caused by an accident.
- Any damage or loss that results from an accident with another vehicle, animal or thing, such as a building, pillar, etc.
- All damage or loss that is caused by bad weather conditions, natural calamities or other factors are also covered
- All damage or loss caused by an external explosion or fire are also covered.
Features
- Protection against third-party liability
- Respect the law
- Protection against theft
- Cover against natural calamities
- Personal accident cover
- Protection against financial losses.
Online purchasing your car insurance policy can save you up to 75%
The Tata AIG car insurance claims process is simple and fast. Within 7 working days of receipt of all documents, the decision on claims approval is made.
Enjoy attractive discounts up to 70% on this policy
Multiple Add-Ons: More than 7 options are available to increase your coverage.
Quick Locator: Find a cashless garage close to you using the Selfie app
Cashless Garages: More than 5000 cashless garages across India
Claim Settlement Ratio: 94%
Self-Inspection: Simple & painless video claims via the Selfie App
Voluntary Deductible: A cost-effective way to lower your car’s premium.
Faster Claim Service: 98% of the claims were settled in the fiscal year 2019-20.
OD+TP coverage: Choose a comprehensive policy and get both your damage as well as third-party coverage.
Digitally Inlined: Purchase, inspect and renew online any time.
TATA AIG Car Insurance
Tata AIG offers third-party car insurance policies, an individual own-damage policy and a comprehensive policy for car insurance at affordable premiums in the car insurance segment. This car insurance policy can be bought online in a quick and easy way.
The insurance company also offers accident coverage for owner-drivers. This covers you in the event of an injury to your bodily functions while on the insured vehicle, as a co-driver or driving.
Tata AIG General Insurance makes it easy for policyholders to obtain a car insurance policy in three simple steps. You can also repair your vehicle at over 7,500 network garages and register your claim to keep track of your claim. The company’s goal is to provide a variety of car insurance options for its customers and policyholders. It does this in an easy and quick manner online and offline.
What are the coverages for TATA AIG Car Insurance Policy Online
- Protection against theft
- Natural disasters can cause severe damage
- Fire and man-made disasters can cause damage
- Accidental damage to your car
Transit Damages
- Third-party liability coverage
- Owner-drivers are covered for personal accidents
Highlights:
- Warranty on repairs
- Claim settlement in 7 days
- Network garages accept cashless settlement
- Unique add-ons
- Free pick-up is possible
- For up to 6 months, you can get a warranty for accident repairs
- 12 different add-on covers for enhanced protection
Reliance Car Insurance
Reliance General Insurance, a well-known general insurance company, was established in August 2000. It is part of the Reliance Group, and is known as one of India’s most trusted general insurers. It aims to be the first choice for customers in both domestic and global markets. With its innovative solutions, Reliance offers a variety of services, including car insurance, health and travel products.
Reliance General Insurance Company’s Car Insurance Plans are designed to provide quick and efficient solutions for your car’s insurance needs. These plans provide protection against damage or loss to your vehicle due to unpredicted events such as theft, natural calamities and accidents. The company makes it affordable and offers an instant renewal without the need for any documentation. Reliance car insurance costs vary depending on which type you choose.
Reliance car insurance plans are a great motor insurance plan that protects your vehicle financially at all costs. Reliance offers several types of car insurance plans: car own damage, motor floater, third-party liability insurance and commercial car insurance. The company has a 94% success rate in claims settlement.
What are the coverages for Reliance Car Insurance Policy Online
Own Damage: This policy covers damage to or loss to the car of the owner due to any one of the following:
- Accident Fire
- Lightening
- Self-Ignition
- Explosion
Theft, Riots and Strikes, and/or Malicious Acts of Terrorism
- Flood Cyclone, Earthquake
Transit for Inundation by Rail, Road, Air, Air & Elevator
Third Party Liability or Third Party: This policy is required by the Motor Vehicle Act 1988. It is offered by Reliance Private Car Insurance Policy, which covers property and injuries to third parties.
Personal Accident Cover: Sum Insured Rs. 2 lakhs for the Owner-Driver personal injury coverage Premium of Rs.100 covers 2 lakhs for permanent total disability and accidental death.
Passenger Personal Injury Cover: Passenger Personal Insurance can be purchased at 100 rupees per person for a sum insured of Rs.2,00,000.
Paid driver’s legal liability: The paid-driver is required to have liability coverage with a premium of 50 rupees per annum
Highlights:
- Protect the interests of a policyholder at all costs
- All citizens should have access to affordable insurance options
- Market-leading insurance products
- Ensure smooth operation and highest priority to customers.
