Bajaj Allianz Car Insurance Claim

The purpose of buying any kind of insurance is incomplete if you are not aware of the company’s claim process. It is important to buy a car insurance policy that not only ensures the protection of the third party involved in the accident but also adequately compensates you for the damages, whether the loss is caused by theft or an accident.The claim settlement process is similar across most insurance companies in India though it is important that you remain aware of your insurer’s rules governing the claim process.

List of Documents Needed During Claim Settlement

Following list of documents are needed at the time of claim settlement for Bajaj Allianz bike insurance plan in the event of theft or accident:

In case of Accident

• Copy of insurance plan
• Duly filled and signed claim form
• Original/Copy of Driving license
• Registration certificate original/copy
• Original tax receipts
• Claim discharge voucher
• Vehicle repair cost estimate
• Payment receipts and repair bill
• Copy of FIR

In case of Theft

• All Policy Details
• Theft Declaration from Regional Transport Office
• Original Policy Documents
• Tax Payment Receipts
• Original Registration certificate (RC)
• First Information Report (FIR)
• Warranty Card, Duplicate Keys and other accessories
• Final Police Report
• Judicial Magistrate First Class (JMFC)
• Letter of Subrogation
• Claim Discharge Voucher
• Forms 28, 29, 30 and 35 duly signed by the policyholder

How to Make Bajaj Allianz Cashless Car Insurance Claim?

Claim settlement with Bajaj Allianz General Insurance Company is easy and smooth. Customers looking for a hassle-free claim settlement process must ensure the following:

Step 1: Register your claim by calling on the company’s Toll-Free Number: 1800-209-5858. In case of theft, register your claim in writing at the nearest police station.

Step 2:Send your vehicle for repair. You may either move it to a nearby garage or have it towed to a professional garage for proper servicing. The insurance company sends a surveyor to the garage to examine the structure and determine the extent of the damage.The surveyor will approve of the claims post which the policyholder will be updated about the various stages of the claim process.

Step 3: Submit necessary documents for the survey and claim settlement process.

Step 4: Post completion of the repair, the insurance company will make the payment to the garage. Alternatively, you may submit the bill and seek reimbursement of the claim.

How To Make Bajaj Allianz Reimbursement Car Insurance Claim?

Though the cashless claim settlement is easy and hassle-free, you may opt for claim reimbursement too if required. To file a car reimbursement claim you need to ensure the following:

1. Register the details of your car and the accident to the toll-free customer care number
2. You may also submit your details to the email-id given on the company’s site
3. Take the car to a nearby garage for repairs
4. Post submission of details, the company gives its policyholders a registration number corresponding to which they can track the progress of their claims made
5. Submit necessary documents sought by the company’s surveyor for inspection
6. After the details are verified, the insurance company initiates the claim settlement process and reimburses the claim settlement amount

Common Bajaj Allianz Car Insurance Claim Rejection Reasons

• Your insurance policy had lapsed at the time of the accident
• Unnecessary delay in reporting to the insurance company about the accident
• You do not have a valid driving license
• You were driving under the influence of alcohol or drugs
• You have been using the car to carry out illegal activities
• You did not intimate the insurer before carrying out any repairs
• You bought the policy in someone else’s name

Bajaj Allianz No Claim Bonus

Buying a car insurance policy does not guarantee that the claim amount you seek will not be rejected. In fact, there may be a host of reasons because for which your insurer may reject your claim. These include:

• Your insurance policy had lapsed at the time of the accident
• Unnecessary delay in reporting to the insurance company about the accident
• You do not have a valid driving license
• You were driving under the influence of alcohol or drugs
• You have been using the car to carry out illegal activities
• You did not intimate the insurer before carrying out any repairs
• You bought the policy in someone else’s name

Bajaj Allianz No Claim Bonus

With a car insurance policy, you get benefitted by making a claim after an accident or a mishap, but you can gain, even if you do not make any claim. Bajaj Allianz provides No Claim Bonus to its policyholders for not making any claim in a policy year. This benefit is rewarded in terms of discount at the time of policy renewal which reduces the premium of the next policy year. The NCB benefit starts from 20% and is accumulated with every consecutive claim-free year up to 50%, which is applicable on the premium of own-damage and comprehensive car insurance policy.

To retain the NCB benefit, every policyholder must renew its policy before the due date. When you do not renew your car insurance policy, you may lose out on your no claims bonus which you are eligible for. This bonus is offered for safe and responsible driving to the car owners or policyholders, which accumulates over the years to fetch you good discounts and other benefits. Therefore, if you fail to renew your car insurance plan on time, this benefit would lapse. To keep No Claim Bonus intact, you must try to avoid raising a claim as much as you can by at least bearing the minor claims on your own as small damage repair costs could be lesser than the accumulated NCB discount.