TATA AIG Car Insurance

Tata AIG Car Insurance: Add-Ons

The Tata AIG car insurance plans also offer 13 add-on covers under which the insurer takes care of the eventualities that are not covered under the basic policy. Car owners can buy these add-ons on payment of an additional premium. Let’s take a look at the add-on covers offered by the policy to enhance the basic coverage:

• Zero Depreciation Cover

  The Zero Depreciation cover pays the depreciation amount deducted from the value of the replaced car parts in case of an own damage claim. This cover can be availed only if the insured car is getting repaired at the network garage of the insurance company. However, this cover can be availed only on the first two claims raised by the policyholder during the policy tenure.

• Engine Secure Cover

  The Engine Secure cover will provide coverage for the engine of the insured car against any damages caused due to water ingression or leakage of lubricating oil. It will pay for the repair and replacement expenses of the internal engine parts, transmission, gearbox as well as differential assembly. Moreover, it will cover the cost of consumables and lubricating oil used in the assembly.

• Roadside Assistance Cover

  The Roadside Assistance cover will provide on-road assistance or repair services in case the insured car stops working in the middle of the road. It will offer on-the-spot repair services as required by the car to start working again, such as flat tyre service, battery jump start service, etc.

• Daily Allowance Cover

  The Daily Allowance cover will ensure that the policyholder is paid an allowance to cover the expenses incurred on a hired vehicle in case the insured car is getting repaired at a garage. Tata AIG General Insurance Company will pay an allowance for a maximum of 10-15 days depending upon the cause of the car insurance claim. However, no allowance will be paid in case the car gets repaired within three days.

• Return to Invoice Cover

  The Return to Invoice cover helps a policyholder to get the invoice value of the insured car in case of a theft or total loss claim. It reimburses the difference in the amount between the car’s invoice value and the insured declared value (IDV) of the car.

• No Claim Bonus Protection Cover

  The No Claim Bonus Protection cover will enable the policyholder to maintain his/her NCB despite raising a claim during the previous policy year. It protects the NCB of the car owner and prevents it from restoring to zero when a claim is raised. However, only one own damage claim is allowed in a policy year under this cover.

• Tyre Secure Cover

  The Tyre Secure cover pays for any repair and replacement expenses arising out of any loss or damages caused to the tyres and tubes of the insured car in case of an accident. Under this cover, the insurance company will pay for a maximum of four tyre replacements during a policy year.

• Consumables Expenses Cover

  The Consumable Expenses cover will pay for the cost of consumables that needs to be replenished or replaced as a result of an accident of the insured car. They include engine oil, brake oil, lubricants, nut & bolt, AC gas, etc. except for the fuel.

• Loss of Personal Belongings Cover

  The Loss of Personal Belongings cover will pay for any loss or damages to the personal belongings of the car owner and their family members, such as clothes, audiotapes, CDS, videotapes and other items to be worn. This add-on cover comes with a deductible of Rs. 250 on every claim.

• Emergency Transport & Hotel Expenses Cover

  The Emergency Transport & Hotel Expenses cover will pay for the cost of a taxi hired by the policyholder to return home or to the nearest city in case the insured vehicle has met with an accident. It will also cover the cost of an overnight stay opted by the policyholder if required.

• Key Replacement Cover

  The Key Replacement cover will pay for the cost of replacing the keys of the insured car in case they have been lost, stolen or if someone has broken into the car. It will also cover the labour cost incurred while replacing the keys of the car.

• Repair of Glass, Fibre, Plastic & Rubber Parts

  The Repair of Glass, Fibre, Plastic & Rubber Parts cover will allow the policyholder to get any small damage on the fibre, glass, rubber and plastic parts of the insured car repaired without affecting the NCB. However, this add-on cover allows only one claim during the policy tenure without affecting the NCB.

• Courtesy/Hire Car

  The Courtesy/ Hire Car cover will arrange a car on hire for the policyholder within 24 hours in case the insured car is damaged and getting repaired at a network garage. However, this cover is applicable only if the car will take more than 24 hours to get repaired or if there has been a total loss or theft. Moreover, the courtesy car will be given for a maximum of 10 days in case of a repair claim and up to 15 days in case of a total loss or theft.

FAQs

• Q1. How is IDV for Tata AIG car insurance policy calculated?

  Ans: Tata AIG car insurance calculates Insured Declared Value (IDV) on the basis of age, model, and brand of a vehicle. The registration and insurance costs are excluded from IDV. As the car grows old, its IDV also depreciates. To calculate IDV, Tata AIG car insurance follows the following depreciation schedule:

  Age of the vehicle	% depreciation for calculating IDV
  Not exceeding 6 months	5%
  Exceeding 6 months but less than 1 year	15%
  Exceeding 1 year but less than 2 years	20%
  Exceeding 2 years but less than 3 years	30%
  Exceeding 3 years but less than 4 years	40%
  Exceeding 4 years but less than 5 years	50%

• Q 2. Can I pay the premium of Tata AIG car insurance in instalments?

  Ans: The Insurance Act, 1938 doesn’t allow you to pay your car insurance premium in instalments. If you are buying Tata AIG car insurance online, you can use your credit card to make the entire payment and then repay it to the credit card company in instalments.

• Q 3. What are the risks covered under Tata AIG comprehensive car insurance policy?

  Ans: Besides offering coverage against third-party liability, Tata AIG comprehensive car insurance policy covers the insured vehicle against various losses or damages such as:

  • Earthquake (Fire and Shock Damage)
  • Flood, hurricane, inundation, storm, tempest, cyclone, hailstorm, etc.,
  • Landslide, rockslide
  • Whilst in transit by road rail inland – waterway, lift, or air
  • Accident by external means

• Q.4 Can I get a cashless facility with Tata AIG car insurance?

  Ans: Yes, a cashless garage facility is available with a Tata AIG motor insurance policy.

• Q.5 What is the range of fuel support given under Tata AIG car insurance?

  Ans: If the insured vehicle runs out of fuel and hence is immobilized, Tata AIG car insurance will give an emergency fuel up to 5 litres on a chargeable basis at the location of breakdown.

• Q.6 Does Tata AIG car insurance offers NCB protection cover?

  Ans: Yes, there is an NCB protection cover available under a Tata car insurance plan. If you get plastics, rubber or fibre parts repaired at the authorized centre of the insurance company, it will not affect your NCB. However, this coverage is available for up to 1 claim only.

• Q 7. I have lost my original document of Tata AIG car insurance policy; can I get a duplicate copy?

  Ans: Yes, you can contact the nearest branch of Tata AIG General Insurance Company with a written request to get a copy of your policy. A nominal fee is charged for issuing a duplicate copy of the Tata AIG car insurance policy.

• Q.8. Does Tata AIG motor insurance offers roadside assistance services?

  Ans: The roadside assistance of Tata AIG  four-wheeler insurance can be broadly classified under the following heads:-

  • Repair and Towing Assistance Service for a Flat Tyre- If the insured vehicle is halted due to a flat tyre, the insurer gives you emergency assistance to fix/replace the flat tyre.
  • Flat Battery Jump Start Service- If the battery runs down, the insurer will provide a technician to help you start the car.   
  • Spare Key Retrieval - If your car keys are locked inside the vehicle or are lost or are misplaced and you need to arrange for another set from your home or office, the insurance company. will help you to get your spare keys.
  • Fuel Support- If your vehicle runs out of fuel, you will get emergency fuel up to 5 litres on a chargeable basis.

• Q9. Under Tata AIG car insurance policy, what is the maximum limit of personal belongings add-on cover?

  Ans: Rs. 10,000 is the maximum coverage limit for the loss of personal belongings cover under the Tata AIG car policy.

• Q 10. Does personal belonging add-on cover includes loss of cash?

  Ans: No, cash is not covered under personal belongings cover of Tata AIG motor insurance.

• Q 11. How do I renew my Tata AIG car insurance policy?

  Ans: Tata AIG insurance renewal for your car is very convenient. You can do so by three simple methods mentioned below:

  • Online Mode- You can renew your plan online by using your debit card, credit card or net banking.
  • Cheque Pick-up- You can avail a free cheque pick-up facility by calling the toll-free number.
  • IVR Payment- For making payment using IVR, call their toll-free number and follow the instructions.

• Q 12. How long will Tata AIG car insurance take to settle my claim?

  Ans. The Tata AIG General Insurance Company settles a car insurance claim request within 30 days.

• Q 13. How do I renew my Tata AIG car insurance policy if it has already expired?

  Ans: If your car insurance policy has lapsed, it can’t be renewed without an inspection. Within 90 days from the expiry date of the policy, you can place your inspection and Tata AIG policy renewal request on their toll-free number. In case the expiry date has exceeded more than 90 days, you need to apply for a fresh car insurance plan.