TATA AIG Own Damage Bike Insurance

TATA AIG Own Damage Bike Insurance Policy - Key Features

Outlined below are the key features of the TATA AIG own-damage bike policy:

*Disclaimer: The features listed above are for reference only. For precise coverage details, please review the policy wording thoroughly.

Why Choose TATA AIG Own Damage Bike Insurance?

A two-wheeler own-damage insurance policy is essential for protecting your bike against unexpected expenses from accidents, theft, and natural or man-made disasters. The TATA AIG OD bike insurance policy is separate from the mandatory third-party bike insurance policy and should be purchased alongside it for full coverage. 

Bike own-damage insurance policy offers the following benefits:

• Affordable Premium Rates: TATA AIG offers competitive premium rates for its own damage bike insurance policy, making it accessible for bike owners to obtain coverage without straining their finances.
• Easy, Paperless Policy Issuance: TATA AIG General Insurance Company Limited offers a hassle-free process for purchasing the own damage bike insurance policy. The purchase process can be completed online without the need for extensive paperwork, saving you time and effort.
• Smooth Claim Settlement Process: The insurance company has a wide network of authorised garages where you can get your bike repaired after an accident or damage. This ensures a smooth claim settlement process, eliminating any delays or inconveniences.

Inclusions of TATA AIG Own Damage Bike Insurance

The inclusions of TATA AIG own-damage (OD) bike policy are outlined below:

• Damages from natural calamities like hailstorms, earthquakes, floods, etc.
• Damages due to man-made events such as terrorist attacks, civil disorder, etc.
• Compensates for repairs if the insured two-wheeler is damaged due to a road accident.
• Losses from theft.
• Protection against spontaneous ignition, explosions, and transit-related damages.

Exclusions of TATA AIG Own Damage Bike Insurance

Here's a list of TATA AIG OD bike insurance policy exclusions:

• Regular wear and tear of the bike is excluded.
• Damages if the motorcycle is used in unauthorised ways according to the policy are excluded.
• Damages if the rider does not possess a valid driving licence, RC, PUCC, or bike insurance online are not covered.
• Mechanical or electrical breakdowns are not covered.
• Damage to third-party vehicles or property is not covered.
• Injuries caused to third-party in an accident are not covered.
• Damages if the rider is under the influence of alcohol or other intoxicating substances are excluded.
• Any damage or loss to the insured vehicle outside policy terms.

How to Buy TATA AIG Own Damage Bike Insurance Online?

The steps to purchase TATA AIG own-damage two wheeler insurance policy online are as follows:

• Step 1: Open Policybazaar.com and click 'Insurance Products' at the top. 
• Step 2: Select the 'Own-Damage Bike Insurance' option to proceed further.
• Step 3: Submit the correct details of your bike and tap on the 'View Prices' button.
• Step 4: From the list of options, pick 'TATA AIG Own Damage Bike Insurance'. 
• Step 5: Provide the requested details accurately.
• Step 6: Finally, make the premium payment online, and you will receive the OD bike insurance policy document on your registered email ID. 

How to Raise TATA AIG Own Damage Bike Insurance Claims?

The steps below can help you raise TATA AIG own-damage (OD) bike insurance claim:

• Step 1: Inform insurance company or provider about the incident via email or phone call.
• Step 2: Visit the insurer website, download the claim form, fill it out accurately, and sign it.
• Step 3: Gather and attach necessary documents to the completed claim form.
• Step 4: A surveyor will be assigned to evaluate the extent of damages to the insured vehicle.
• Step 5: The company will review the surveyor's report and make a decision regarding the approval or rejection of your claim.
• Step 6: If the claim is approved, you can get cashless repairs at any of the company’]s network garages. Alternatively, if you are getting your bike repaired at a non-network garage, pay the bill upfront and submit it to the company for reimbursement.

Documents Required for TATA AIG Own Damage Bike Insurance Claim

You will need to furnish the following documents while raising a TATA AIG bike insurance policy claim request:

• Completed and signed claim form
• Motorbike's Registration Certificate (RC)
• Valid TATA AIG OD policy document
• Copy of FIR report (if applicable)
• Driving Licence of the bike rider
• Any additional documents requested by the insurer

FAQs About TATA AIG Own Damage Bike Insurance Policy