TATA AIG Second Hand Car Insurance Policy

*Please note that the quotes shown will be from our partners

Introduction/Overview

Tata AIG Second Hand Car Insurance offers Motor Insurance policies provide the added protection to your prized possession- Your vehicle. 

Key Features

  • The vehicle is insured against any damages due to fire, explosion self-ignition or lightning; burglary, housebreaking or theft;  riot and strike; earthquake (Fire and Shock Damage); flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost; terrorist activity; landslide, rockslide.
  • Comprehensive Value Added Car Insurance
  • Extra protection through new and unique Add on covers.
  • Vehicle is repaired at any of the company’s authorized Garage/Authorised workshop/Authorised service station.

 

Details About Premium

Premium is as per the make of car and as selected by you. A vehicle inspection may also required by the insurer.

 

Policy Details

Grace period: 30 days for renewing the Policy. However, coverage would not be available for the period for which no premium has been received.

Policy termination: 3 months prior to the expiry of the policy

Renewal: The renewal of policy is done within 90 days of expiry of the policy.

 

Deduction

For all rubber/nylon/plastic parts, tyres and tubes, batteries and air bags    

50%

For fibre glass components

30%

For all parts made of glass

Nil

Age of vehicle depreciation

 (from-1 month to 10years)

0%-50%

Rate of Depreciation for painting

50%

 

Exclusions

  • Only claiming for windscreen or any other glass damage
  •  Vehicle is not repaired at our Authorised Garage/Authorised workshop/Authorised service station.
  • Time taken for repair is in respect of damages not admissible as per policy wordings.

 

Documents Required To Buy The Policy

  • Application form/ proposal form
  • Valid address Proof
  • Photographs
  • Vehicle inspection (in some cases)