Bajaj Allianz Car Insurance

Bajaj Allianz General Insurance Company Limited began its operations in 2001. It is a joint venture between Bajaj Finserv Limited and world's leading insurer Allianz SE. Bajaj Allianz has its presence in different cities across India. Bajaj Allianz claim payment ability has been recognized was recognized with iAAA rating by ICRA for 11 years consecutively.  The insurer is known to provide PAN India service to its customers along with digitally-enabled processes.

The company has been a leader in the motor insurance market with world-class products, efficient service, and after-sales support. The company has been offering various types of insurance plans both in the Life Insurance category and General Insurance category.

Types of Bajaj Allianz Motor Insurance Policy

There are two types of car insurance policies that one can buy in India:

  • Comprehensive Car Insurance Policy

    A comprehensive car insurance policy offers protection to your car against theft, collision and accidental damage. It also includes damage resulting due to fire, earthquake, floods etc. It also covers third-party liability damage.

  • Third-Party Car Insurance Policy

    As per the Motor Vehicle’s Act, it is mandatory to buy a third-party liability car insurance policy. You can buy it for a single year or buy a multi-year plan.


Variants of Car Insurance Plans offered by Bajaj Allianz

The Bajaj Allianz general Insurance company issues car insurance plans in three variants that are described below:

  • Best Value Plan

    A basic Bajaj Allianz Car Insurance plan with the lowest cost of premium among all the variants. The plan covers basic Third Party Liability, Personal Accident coverage for owner or driver and 24*7 Roadside Assistance cover.

    Other optional covers include coverage for electrical accessories, coverage for non-electrical accessories, and Personal Accident cover for co-passenger, CNG Kit coverage, and Driver Cover.

    The customer can avail a No-Claim-Discount and can also opt for voluntary deductibles wherein the customer promises to pay a part of the claim from his own pocket before raising the claim to the company. This option helps in reducing the overall cost of the premium.

  • Standard Plan

    The plan offers regular coverage at a standard rate of premium. The Bajaj Allianz car Insurance plan provides basic Third Party Liability cover, Personal Accident coverage for the owner or driver and round-the-clock Roadside Assistance cover.
    Other optional covers include coverage for electrical accessories, coverage for non-electrical accessories, and Personal Accident cover for co-passengers, CNG Kit coverage, and Driver Cover.

    The No-Claim-Bonus can also be transferred from an existing policy held with another insurer up to a maximum of 50 percent.

  • Flexible Plan

    It offers enhanced protection to the vehicle with the premium amount tending to be on the higher side.

    The plan covers basic Third Party Liability, Personal Accident coverage for owner or driver, emergency Roadside Assistance cover, Depreciation Shield cover protecting the value of the car against depreciation and Engine Protector Cover that covers the engine of the car against damages.

    Other optional covers include coverage for electrical accessories, coverage for non-electrical accessories, and Personal Accident cover for co-passenger, CNG Kit coverage and Driver Cover. The No-Claim-Bonus can be availed by the customer and the limit is up to 50 percent.

    There is also a voluntary deductible option which can be chosen wherein the customer promises to pay a part of the claim from his own pocket before raising the claim to the company. This option goes towards lowering the cost of the premium paid by the customer.

Bajaj Allianz Car Insurance Plan Table

Parameters Best Value Standard Flexible
Premium Cost Low Basic Enhanced
PA-Cover for Owner/Driver Included Included Included
No-Claim- Discount Optional Optional Optional
Coverage Low Basic Enhanced
Basic Third Party Liability Cover Included Included Included
Depreciation Shield Not available Not available Available
Electrical Accessories Optional Optional Optional
Voluntary Deductibles Optional Not available Optional
Coverage for Non-Electrical accessories Optional Optional Optional
Premium for Own Damages Low Basic Enhanced
Driver Protection Optional Optional Optional
Engine Protector Not available Not available Available
Personal Accident Cover for co-riders Optional Optional Optional
24/7 Emergency Roadside Assistance Available Available Available
CNG Kit Coverage Optional Optional Optional

Features and Benefits of Bajaj Allianz Car Insurance Plans

The features and benefits of Bajaj Allianz motor insurance plans are listed below:

  • Car repairing assistance in 4000 network garages where you can get cashless claim settlement
  • Option to choose 24x7 emergency roadside assistance, which is just a call away
  • 24x7 claim assistance through SMS, emails, and phone call, even on holidays
  • Track and monitor your vehicle with Bajaj Allianz Drive Smart Service
  • Transfer of no-claim bonus from previous policy (maximum up to 50%)
  • Option to choose zero depreciation to cover an add-on cover benefit
  • Avail motor on the spot service and conduct self-survey of your vehicle in case of vehicle breakdown or collision and get claim settlement on the spot
  • New customers or existing ones can avail lock and key replacement cover
  • Other add-on covers include Accident Shield, Conveyance Benefit and Consumable expenses and these can be added for increased protection

Bajaj Allianz Car Insurance (Features & Coverage & Benefits)

Features Coverage and Benefits
Third Party Coverage: Up to 7.5 L
Incurred claim ratio: 78.50%
Personal Accident Insurance: Yes
Network Workshops: 4000+

What's Covered Under Bajaj Allianz Car Insurance?

  • Loss or damage to the insured car resulting from man-made calamities - It covers the damage caused to the insured car due to the following reasons – theft, strike, terrorist activity, malicious act, burglary, and any damage that has taken place in transit by rail, road, air, inland waterway, lift or elevator.
  • Loss or damage caused to the car from any natural disaster - This includes damage resulting from self-ignition, fire, flood, earthquake, cyclone, hurricane, inundation, landslide etc.
  • Third-Party Legal Liability - Any legal liabilities arising due to accidental loss or damage caused to third-party property, vehicle or person including accidental death or injuries.
  • Personal Accident Cover - In the event of an accidental death or permanent disabilities arising due to an accident, up to Rs. 15 Lakhs shall be reimbursed to the insured or the legal heirs of the policyholder. It can be extended on payment of additional premium for driver and co-passengers

Add-on Covers of Bajaj Allianz Car Insurance

To ensure coverage in the time of crisis, you can get the following add-on covers in your car insurance policy

  • Personal Baggage Cover - In the event of any loss or damage caused to the personal belongings that are kept in the car, then it shall be reimbursed as part of the Bajaj Allianz motor insurance policy.
  • 24x7 Roadside Assistance - Emergency roadside assistance is provided all over India to the insured member. It includes assistance in the event of car battery damage, flat tire, breakdown due to an accident and similar circumstances.
  • Jumpstart the Battery - If the battery of the insured vehicle runs down, Bajaj Allianz will arrange help to jump-start the engine, to help it reach the nearest workshop for further assistance.
  • Lock and Key Replacement Cover - If the car keys are lost or left inside the car, assistance will be provided to recover the same, which includes the cost of new keys and locks.
  • Expenses Incurred on Replacing/Replenishing the Consumables - The car insurance plan includes expenses incurred in replacing or repairing the engine oil, coolant, brake oil, gearbox oil, following an accident.
  • Personal Accident Cover - In the event of accidental death, bodily injuries or permanent disabilities caused to the occupants riding in the insured vehicle (other than a hired driver)
  • Conveyance benefit - If the insured car is getting repaired in a networking workshop after accidental damage, the policyholder will get 'per day' cash benefit, basis on the plan opted.

How to Renew Bajaj Allianz Car Insurance Policy via Policybazaar.com?

Bajaj Allianz car insurance renewal easily be renewed online and the steps to renew it online on Policybazaar’s are given below:

  • Go on the vehicle insurance online renewal option and fill the form
  • Submit details like – policy number, your name, registration number, chassis number, mobile number, email ID.
  • Once the form is submitted and payment is made, the policy will be renewed instantly.
  • You can download the Bajaj Allianz vehicle insurance policy document and you will also receive the PDF copy over email

How to Claim for Bajaj Allianz Car Insurance?

Whether there is a breakdown or accident, the Bajaj vehicle insurance claim procedure process is as follows - 

  • Claim Registration

    • In the event of an accident or theft of the insured car, immediately register a claim
    • You can register the claim online, over email or by contacting on their Toll-free number
    • Once connected Bajaj Allianz car insurance team will take you through the entire Car Insurance claim procedure
  • Send Your Car for Repair, If Required

    In the event of a car collision, vandalization, or accidental damage, take it to the nearest garage for repair or if it is immovable get it towed to a garage in your vicinity.

  • Claim Settlement Final Process

    • Provide all the copies of the documents to the registered workshop where your car is getting repaired and get all the document copies verified with the originals.
    • Once this is done, the Bajaj Allianz car insurance team will make the payment for the car damage repair to the network garage once it is completed.
    • All the excessive payments to be made by the policyholder including the salvage, depreciation amount, which will be informed to you by their assessor.
    • If the damage of your car can be repaired on the spot you can take on the spot Bajaj Allianz Mobile settlement service.

Documents Required to File Bajaj Allianz Car Insurance Claim?

Keep the following documents handy while registering a Bajaj car insurance claim-

  • Date and time of the accident
  • Car engine and chassis number
  • Vehicle inspection address
  • Location and description of the accident
  • Kilometre Reading
  • Copy of FIR in case of theft or police report in case of an accident

It is important to file a police complaint in case of theft, along with other required documents at the time of registering the claim.

Bajaj Allianz Car Insurance Premium Calculator

The premium for a Bajaj Allianz car insurance policy depends on a number of factors like IDV, i.e. Insured Declared Value of the car, the make and model of the car, year of purchase and registration, the city, etc.

Using Bajaj Allianz car insurance premium calculator, you can easily get the amount of insurance premium and entire car insurance quote. It is advisable to use this tool before zeroing down on a car insurance plan. This will give you a fair idea.

You simply need to click on the ‘Calculate Premium’ option, and choose if it a new or used car or if you are purchasing or renewing your policy -

With this tool calculating car insurance premium is just a matter of a few clicks. Here’s a quick rundown of the information that needs to be filled-

  • Your personal details – Name, E-mail ID, Age, Mobile Number, Address etc.
  • Car details such as car make, model, and registration date, fuel type, year of manufacture, etc.
  • Engine cubic capacity (cc)
  • Insurance for car accessories (if any)
  • For policy renewal, it is required that you submit car’s registration and current policy details.

On submission of details, you will receive the quotation.

Bajaj Allianz Car Insurance Customer Care

For any Bajaj vehicle insurance related claims, you can call their customer care number at 1800 209 5858.

Their Whatsapp service number is +91 75072 45858

You can also email them at bagichelp[@]bajajallianz[.]co[.]in

Bajaj Allianz Car Insurance - FAQs

  • 👉 Why should I buy a Bajaj Allianz car insurance policy?

    Ans: Life is uncertain. So, it is very necessary to be covered under the car insurance policy. It offers protection against three types of unfortunate events like third party liability, personal activity and damage to own car.
  • 👉 Can I purchase Bajaj Allianz Car Insurance policy online?

    Ans: Yes, Bajaj Allianz Car Insurance allows you to purchase car insurance online. It also provides you the different option of payment like Debit or Credit card, or Internet Banking.
  • 👉 How much coverage does Bajaj Allianz Car Insurance policy provide?

    Ans: The coverage offered by Bajaj Allianz Car Insurance depends on the IDV and the price of the car. You can easily purchase a Bajaj Allianz Car Insurance policy and file a claim on the company’s website.
  • 👉 Can I renew my existing Bajaj Allianz Car Insurance online?

    Ans: Yes, you can renew Bajaj Allianz Car Insurance online. All you need to do is log in with your username/email and password on the company’s website to proceed.
  • 👉 Can I renew my other car insurance policy with Bajaj Allianz?

    Ans: Yes, Bajaj Insurance allows you to renew your other car insurance policy with Bajaj Allianz with different payment option such as Debit or Credit card, or Internet Banking.
  • 👉 What types of a car does Bajaj Allianz insure?

    Ans: You can purchase car insurance coverage for your new and used car from Bajaj Allianz
  • 👉 What is the claim settlement procedure of Bajaj Allianz Car Insurance?

    Ans: Claim settlement procedure of Bajaj Allianz Car Insurance is very easy and quick. It only takes 3 business days to settle the claim. The company also promises to settle claims to settle all types of claims within 7 business days. It requires very few documents to process your claim, for example, the proof of policy document along with a duly filled claim form.
  • 👉 Does Bajaj Allianz insurance offer any discount on purchasing or renewing car insurance policy?

    Ans: Yes, Bajaj Allianz offers 5% discount on own damage subject to the age between 35 and 45 years and 10% discount subject to the age between 46 and 65 years. It also offers 5% discount for policyholders who are on following positions; charted accountants, employees of state and central government, charted accountants, teachers in government schools, doctors in government hospitals.
  • 👉 Can I transfer my No Claim Bonus (NCB) discount?

    Ans: Yes, you can transfer NCB of your previous car insurance to the new one purchased from Bajaj Allianz. There are multiple other benefits that are offered under Bajaj Allianz Car Insurance.
  • 👉 Am I allowed to transfer my Liability-Only insurance to Bajaj Allianz?

    Ans: Yes, all you need to do is simply transfer your NCB of your previous car insurer to Bajaj Allianz. You will be able to enjoy all the benefits the same as you were enjoying with your previous insurance policy.
  • 👉 What is a comprehensive car insurance policy?

    Ans: It covers damages caused to your own car due to an accident, collision, natural calamity etc. In addition to your own damage, it also covers third-party legal liabilities in case of bodily injuries, damage, as well as property damage.
  • 👉 What is No-Claim-Bonus in car insurance?

    Ans: The insured is entitled to a no-claim-bonus for all the claim free years. It is the discount on the car insurance premium that is provided to the insured at the time of policy renewal.
  • 👉 Can I transfer my NCB when I switch my car insurance policy?

    Ans: No-claim bonus can be transferred while switching your car insurance provider. It depends on the number of claim free years, as it reflects positively on your driving record and car maintenance. No claim bonus is not applicable to third party damages.
  • 👉 What is zero depreciation in car insurance?

    Ans: Zero depreciation is provided in comprehensive car insurance. In case of an accidental damage or collision, the insurance company will compensate the entire cost without any deductions. One can buy it as an add-on cover at the time of policy purchase.
  • 👉 What is the significance of Insured Declared Value or IDV while calculating car insurance premium?

    Ans: It is the current market value of a vehicle that you get after deducting the depreciation on its parts. The registration cost of the vehicle is also excluded. The IDV of non-factor fitted parts is calculated separately.

    The IDV of a car with fitted accessories is to be calculated at the time of policy purchase or renewal on the basis of the selling price listed by the manufacturer of a particular brand and model. The depreciation is also adjusted on the basis of the car age as mentioned in the table below. It is applicable for claims arising out of total loss or constructive total loss only.

    Car Age Depreciation (%) For Fixing IDV
    Up to 6 months 5%
    6 months to 1 year 15%
    1 year to years 20%
    2 year to 3 years 30%
    3 to 4 years 40%
    4 to 5 years 50%
  • 👉 What do you mean by compulsory deductibles?

    Ans: It is the amount that the insured needs to pay from his/her own pocket. For instance, in the event of an accident, the cost of repair comes up to Rs. 10,000 then as mentioned in the documents, the insurance company will pay 8,000 and remaining amount i.e. the deductibles will be paid by the policyholder.
  • 👉 What is third-party car insurance policy?

    Ans: A third-party vehicle insurance policy is essential to buy for every car owner or driver. It pays the third-for bodily injury, damages, and property damages caused by the insured car.
Written By: PolicyBazaar - Updated: 03 July 2020
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 93 Reviews)
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Bajaj Allianz Car Insurance Reviews & Ratings
4.1 / 5 (Based on 93 Reviews)
(Showing Newest 15 reviews)
Dinesh
Ikauna, June 19, 2020
Helps in maintaining legal and financial
The car insurance policy is very much important as well as it helps us in maintain our legal as well as financial damages. I really like my car insurance plan from cholamandalam and it is certainly very nice. At the time of accident it helps to maintain the financial burdens by getting the claim facilities.
Lalit
Odhav, June 19, 2020
Customer focused company
The bharti axa and the policybazaar is such company who supports its customers a lot. They are basically customer centric company who helps their customer and treat them properly. I was having a problem in my policy document of car insurance and they immediately helped me in correcting it. Quick and swift work.
Kashis
Kachchh, June 19, 2020
Prevent from financial losses
Buying a car insurance is all about preventing yourself from monetary losses. It handles the financial and legal burdens which can arise probably from any accident or any problem could occur. If you met with an accident then it will bear all your damages and losses financial burdens. I got my safety shield from Bharti axa and I would like to thank them for such beautiful plan.
Bhavin
Yeleswarm, June 19, 2020
Check status via mobile application
It is really simple to check the status of your policy online. I recently bought a car insurance plan from policybazaar and I downloaded the application so that I can check the status. Along with that I can renew my policy. If I have some queries and complaints I can raise those things via mobile application My Account. Everything is given in that application and you really don’t have to worry. Great work.
Urvashi
Kadamtala, June 19, 2020
Transfer of No Claim bonus
I am an old customer of policybazaar as well as bharti axa and renew my policy every year. So I really like their services and followed this company only. I never claimed for any claim for my car insurance. So I transfer my no claim bonus from last 2 years. It is easy as I call the customer care of bharti axa and told them to transfer the same and process gets started. I save a lot and thus I am a very happy customer.
Manisha
Udaipur, June 19, 2020
Compare buy and save
I like the concept of comparing system. I checked the website of policybazaar and it is the unique platform where I can check the quotes and different policies plans into that website. I have selected the best one out of various plans and policies which have different add on benefits. Thanks for such platform. Also, later I got to know that I saved a lot of money in getting this car insurance policy plan.
Jatin
Kachchh, June 19, 2020
Best car insurance plan
I purchased a lot car insurance plan and it was a very great thing in my life. I can easily secure my and my car’s life under bajaj Allianz plan. They gave me best insurance plan with less premium amount. Thank you team.
Varun
K.v.rangareddy, June 19, 2020
Transfer of NCB
I recently transferred my no claim bonus from my old car to new car. It was very simple process. And there are several good benefits which bajaj Allianz provides to its customers. Thank you team for such great services.
Manish
Idar, June 19, 2020
Discounts and offers
If you are planning to buy a car insurance policy then you must visit to the website of policybazaar and bajaj Allianz. The team bajaj Allianz gives a good number of discounts as well as great offers and benefits. They gives certain kind of discounts such as 5% discounts who follow all the positions and norms. Appreciable work done by you.
Roshan
Laitkynsew, June 19, 2020
EMI option available
I recently got my car insurance purchased from bajaj Allianz. It was quick and hassle free because all the process took place online. Also, one best thing happened to me is that I can pay the premium amount through EMI basis. Because of this I can manage the premiums very well.
Avika
Dabugam, June 19, 2020
Paper less work
I really love the working of policybazaar as well as bajaj Allianz. There working style is quite unique. All the work is done on online basis. There is no paper work required and everything was done in an email and whatsapp. The digitalization has changed a lot many things and it is saving a lot of time too.
Jatin
Dadengiri, June 18, 2020
Online payment mode
I got my car insurance policy from policybazaar and I got the offer from bajaj Allianz. I am really happy that the payment mode is quite easy and hassle free. I took the car insurance policy and even got a good amount of discount. Also, I made the payment via debit card. It was quick and transparency is there.
Ishana
Vadnagar, June 18, 2020
After sales services
The company looks good when they have better after sales service team. So, at the time of claim I called the customer care team of policybazaar and they immediately start working on my case. They informed to the bajaj Allianz team and the team came at my rescue. They checked each details and gave me the estimated amount of claim. All was done so smoothly that there was no chance of complaints to take place.
Vandana
East Midnapore, June 18, 2020
Comparison is nice and easy
I really like the concept of policybazaar as when I was looking for the car insurance policy for my car I really got good number of plans at their website of different insurer companies. I chose the best one which I found of bajaj Allianz as it was having less amount of premium and also I was getting good number of benefits. I purchased the third party insurance policy for some safety reasons. Thank you team policybazaar for such great approach and great plans too.
Hiya
Raath, June 18, 2020
Flexible plan shield
I really like the car insurance plan from bajaj Allianz and it is really very nice. The best thing about this policy is that it is very flexible in nature. And it is a protection shield for car. I am really much impressed with such good facilities. Whenever I call the customer care they always assist me well and they are very approachable.
Anushka
Captainganj, June 18, 2020
Value for money policy
I recently opted for a car insurance policy from policybazaar website and it was the policy of bajaj Allianz. It gives us the low premium rates with best beneficial add on benefits. They provide with best roadside assistance, personal accident coverage and driver assistance. I really love the services.
Drishti
Tajpur, June 18, 2020
Accident shield cover
The car insurance provides the accident shield cover to everyone who takes the policy. It protects my life as well as my car’s life. And it also provides the amount of compensation in case of death or permanent total disability resulting in case of accident. Thanks team policybazaar and bajaj Allianz for great coverage and getting the things done properly.
Anaisha
Zahirabad, June 18, 2020
Get the optional benefits
While I was planning for car insurance policy for my car I came across the plan of bajaj Allianz. I am really much impressed with the plans and policies of car insurance and also the premium is not that much high as compared to others. Again, one thing I like about this policy is that I can add the optional benefits like car accessories coverage, cover from legal liabilities and personal accident coverage for the passengers. I really like the services. I would love to recommend this to everyone.
Amoli
Nabapally, June 18, 2020
Mandatory personal accident cover
I got the car insurance policy from policybazaar and along with that I got the personal accident cover for my car and myself. It is really much important to safe guard your life by getting your car insurance policy. The coverage under the bajaj Allianz can give you up to Rs. 2lakh for minimum premium of Rs. 200.
Jatin
Ahmedabad, June 17, 2020
Man-made damage
My car insurance policy covers the man-made damages very well. If by chance I met with an accident then all the damages will be covered by the insurance company. Also, if I have taken the third party insurance cover then it will cover the third person damages too. Other man-made covers are need to be covered like riots, burglary, strike or terrorist attacks. It has a coverage of any malicious kind of activities which can damage the car. Thanks for such great coverage bajaj team.
Vijay
Bhagalpur, June 17, 2020
All time assistance
I was having a problem in my policy issuance so I thought of contacting the bajaj Allianz team and it was late night hour still the team was available to assist me. I contacted them and they resolved on my query the next day. Because of their 24*7 assistance all things become quite easy and much better.
Kush
Bhiloda, June 17, 2020
Online purchase of policy
I purchased the policy online via website of policybazaar. They gave me the best plan of bajaj Allianz and I can rely on them. Both the companies bajaj Allianz and policybazaar are trustworthy company. I got full coverage on my policy as well as online busying policy is much easy and everything is transparent in nature. Nothing to hide. Thanks team for such great plans.
Akriti
Agra, June 17, 2020
Cashless garages across the country
I am very much happy that I have taken the policy from bajaj Allianz and I feel it was one of the best decision. As I found out in their website that they have around 4000 preferred and best workshops across India. And they all are very good I feel because I saw positive reviews too from many customers.
Nitesh
Sayan, June 17, 2020
Facilities available
The bajaj Allianz company provides the very good services to their customers. I really like the services. One day my car broke down in the midway and I immediately called the customer care of bajaj they immediately sent the towing car and it came to my place at good time. So, I really like these kind of services from insurance company that they actually think about their customers.
Aakash
Bisalpur, June 17, 2020
Add on covers available
I recently got my car insurance done from policybazaar. I got the facilities of add on cover which is quite beneficial and can be useful for you at the time of certain difficulties. It is really good if you get an add on cover benefit on your policy which makes it better like accident shield, conveyance benefits and also the consumable expenses. It will increase the protection layer for your car.