Car Insurance In Bangalore

Known as the "Silicon Valley of India", Bangalore attracts one of the largest working populations in the country. This not only makes the city the third most populous but also the roads congested with heavy traffic, resulting in a high rate of road accidents. All of this increases the need to have car insurance in Bangalore to safeguard one's four-wheeler from such unforeseen incidents.

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Stats About Bangalore Traffic

• The city has been ranked among the most traffic-congested cities in the world.
• In January 2024, Bangalore reported 59 fatal accidents in which 62 persons died.
• The number of non-fatal accidents was 157 in Jan 24'.
• In 2023, the number of fatalities due to road accidents in Bengaluru was 899.
• The number of vehicles in Bengaluru has also increased by 58% over the last 10 years.

Why Should You Buy Car Insurance in Bangalore?

The city of Bangalore is not only known for its business startups but also for the most congested cities in India. This increases the chances of incidents like accidents, collisions, and theft. To curb this, the Govt of India, under the motor laws, made it legally compulsory for every car owner to have valid four-wheeler insurance in Bangalore. Apart from this, some other reasons to buy a car insurance policy in Bangalore include:

• Avoid Traffic Fines: The most important reason to purchase a four-wheeler insurance policy is to avoid heavy traffic fines that you have to pay if you don't own motor insurance in Bangalore. The traffic fine for not carrying a valid car insurance policy in Bengaluru can go up to Rs. 4,000.
• Protection from Accidents: A motor insurance policy will also protect your four-wheeler against any damage that it may sustain due to emergencies like road accidents. You will get compensation from the insurance company depending on the type of damage your car has sustained. Since the number of road fatalities has increased manifold time in Bangalore, it becomes imperative to go for a full-coverage car insurance policy.
• Protection in Unexpected Calamities: Unexpected manmade disasters are very common in any city, especially with a higher population. Moreover, this city is also known for unforeseen rains and other natural extremities. Thus, to cover your car from such unexpected calamities, you must own a four-wheeler insurance cover. To cover your car from unforeseen rains, you can also buy an Engine Protect Cover. You can also get a Roadside Assistance cover to help you during an emergency car breakdown on the roads of Bangalore.
• Hassle-Free Online Purchase: Purchasing car insurance in Bangalore is also very easy and hassle-free. You can simply do so online in just 5 minutes on Policybazaar.com.

Types of Car Insurance Policies in Bangalore

The three major types of motor insurance policies offered in Bangalore are:

1. Third Party Car Insurance

   Under this type of insurance cover, an insurance company compensates for any third party liability, such as third-party death, disability and property damage caused due to the insured car.

   This policy is the least mandatory cover that every car owner has to purchase to ply on the roads of Bangalore.

2. Standalone Own Damage Car Insurance

   Own damage car insurance cover aims at protecting any own damage caused to the insured car due to emergencies like road accidents, collisions, theft, fire etc. This plan, however, does not cover any third-party damage thus, it can be additionally purchased in a bundle with a third-party liability insurance policy.

3. Comprehensive Car Insurance

   Comprehensive car insurance is not a mandatory policy but is recommended by insurance experts due to its broad coverage. This type of four-wheeler insurance policy covers own damages sustained by the insured car along with third-party liabilities. Damages arising out of road accidents, theft, fire, natural calamities, etc. are covered.

Coverage Offered Under Car Insurance in Bangalore

A car insurance policy in Bangalore offers the following coverage:

Inclusions

Damages and risks that are included in a comprehensive motor insurance policy in Bangalore include:

• Third-party damages caused due to the third party, such as death, injury and third-party property damages
• Losses arising out of theft or burglary of the insured car are covered
• Any loss caused to the insured car if it caught fire or sustained an explosion
• Damages sustained by the insured car due to natural causes like hurricanes, cyclones, floods, etc
• Losses arising out of any manmade act such as a strike, riot, or terrorist act
• Claims can also be raised for damages caused when the insured car was in transit via road, rail, waterways or airways.

Exclusions

Damages that are excluded from four-wheeler insurance coverage in Bangalore:

• Damages sustained by the insured car when the driver was not found with a driving license
• Any damage caused to the insured motor vehicle when the driver was drunk
• Mechanical and electrical breakdown of the insured car is also not covered
• Regular wear and tear sustained by the insured car are also included
• Contractual Liabilities of the owner/driver of the insured car
• Damages arising outside the geographical scope, as mentioned in the policy
• Damages sustained by the insured vehicle when used for commercial purposes are also excluded

How Much Car Insurance Coverage You Need in Bangalore?

If you own a four-wheeler in Bangalore, then you must at least have the mandatory third-party insurance to legally abide by the laws of the city. However, third-party car insurance is not enough to cover your car on the roads of Bangalore.

Due to heavy traffic and high population, the chances of road accidents are high, making it necessary to purchase a comprehensive car insurance policy. With a comprehensive plan, you can not only get covered for third party damages but also cover own damages to your car due to road accidents or other unforeseen incidents.

How to Buy Car Insurance Online in Bangalore?

Follow these simple steps to buy four-wheeler insurance online in Bangalore:

• Visit the official website of Policybazaar Insurance Brokers Private Limited (Policybazaar.com)
• Select the 'Car Insurance' tab from the homepage
• On the given form, enter your car number or select the 'Brand New Car' option
• Now, from the table, select your car details such as RTO, variant, model, fuel type, etc
• Fill in the registration form
• Choose the desired four-wheeler insurance plan and add-ons that you wish to add to your plan
• Pay the verified premium amount via the desired payment mode
• As soon as the payment is complete, your four-wheeler insurance policy will be issued to you.

Traffic Do's and Don'ts in Bangalore

Here are a few do's and don'ts that you must follow while driving in Bangalore:

• Drive vehicle slowly during Bangalore rains or fog
• Get vehicle emission tests done periodically
• Don't drive under the influence of alcohol or drugs
• Carry all the original documents like DL, insurance papers, PUC and RC while driving.
• Don't overspeed, overtake other vehicles and observe traffic signals and parking restrictions.