Insurance is like a spare tyre. You may not require it, but not having one is not an option.

TATA AIG Car Insurance

Tata AIG General offers car insurance plans that have advantageous features such as coverage for own-damage, third-party liability, and accident repair warranty. Members of the Automobile Association of India can get a discount on the premium too.
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Policy Coverage

Customer Service

Claim Experience

Responsiveness

Cashless Garages

Car Insurance
  • Get both third-party cover and comprehensive cover
  • Choose from a variety of zero depreciation and roadside assistance covers
  • 3100+ cashless garages

Tata Aig General Insurance Company Limited (Tata Aig General) is a joint venture between Tata Group and American International Group, Inc. (AIG). The Tata Group holds 74 per cent stake in the insurance venture with AIG holding the balance 26 percent. Tata Aig General Insurance Company, which started its operations in India on January 22, 2001, provides insurance solutions to individuals and corporate.


Key Benefits of Tata Aig Car Insurance

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So you’re stranded almost nowhere

Cashless Claim Networks

Direct Cashless Claim settlement in network garages across India

Don’t we love a good discount?

Discounts

If you are a member of Automobile Association of India, you can get up to 5% discount on the Own Damage Premium.

Help is always at hand

Accidental Cover /Customer Support

Tata AIG Auto Secure policyholders can enjoy 'Warranty on Accident Repairs' when a customer opts for the 'Green Channel Settlement are changing your insurance company.


Add-on Covers for Tata Aig Car Insurance

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Depreciation cover for Tata Aig Car Insurance

Depreciation Cover

Zero depreciation protects the No Claim Bonus accrued, in case of losses on account of specified perils, such as damages due to flood, damage only to windshield etc

Invoice price cover for Tata Aig Car Insurance

Third Party Cover

Covers Third party property damage and Third party Bodily injury and No deduction on count of Salvage value

Personal Accident cover for passengers

Personal Accident Cover

A comprehensive coverage includes damage or theft of vehicle personal accident cover.

*These Features may be included as part of different products and are subject to the insurer's terms & conditions.

Inclusion & Exclusion in Tata Aig Car Insurance

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No capers without the required papers!

Inclusion

Company will pay for the Courtesy/Hire car for a maximum period of 10 days in case of repair claim and 15 days in case of theft/total loss claim during the period of Insurance.

Drink OR drive. There’s only one choice

Exclusion

Any accidental loss or damage and/or liability caused sustained or incurred outside the geographical area.

*These Features may be included as part of different products and are subject to the insurer's terms & conditions.

Tata Aig Car Insurance Policy Highlights Updated on 17 Dec 2018

Features Specifications
Third Party Cover Upto 7.5 L
Cashless Network Garages 2000+
Incurred Claim Ratio* 79.31%
Net Earned Premium* 1529.5
Covers Provided Basic Cover, Road Side Assistance

*For Year 2016-2017

Benefits of TATA AIG Car Insurance

Tata AIG Car Insurance Overview

Tata AIG General Insurance Co. Ltd. was formed as a result of a joint undertaking between the Indian-based Tata Group and the American-based American International Group (AIG), both respected business ventures in their own fields.

They bring to the table the synergies of management and knowledge arising from AIG’s global operations and Tata’s domestic market knowledge. Tata is the majority shareholder in Tata AIG General with a 74% stake while AIG holds the remaining 26%.

Since its inception in 2001, Tata AIG General has developed an admirable range of products, delivering policies with features that focus on meeting customers’ protection needs across various spheres. Their offerings vary from Motor to Home to Lifestyle Insurance.

Tata AIG Private Car Insurance – Auto Secure

Tata AIG understands the financial implications an individual faces when dealing with losses pertaining to his/her vehicle. This led them to design a comprehensive policy called Auto Secure to fulfill the insurance needs of car owners.

The coverage of the plan includes:

  1. Damage or loss to the insured car - The insurance will cover the vehicle against the following occurrences:
    1. Explosion, fire, lightning
    2. Theft, burglary, or housebreaking
    3. Riots and strikes
    4. Earthquakes
    5. Typhoons, floods, storms, hurricanes, tempest, hailstorm, inundation, frost, and cyclone
    6. External accidents
    7. Damages from malicious activities
    8. Damages from terrorism
    9. Losses suffered by the vehicle while in transit via rail, road, inland waterway, elevator, or air
    10. Rockslide and landslide

When making the claim payouts, the insurer will consider the depreciation of car parts, as shown in the table below:

Car part Depreciation
All nylon, rubber, or plastic parts including tyres, tubes, air bags, and batteries 50%
Fibre glass components 30%
Glass parts nil

All other parts, including wooden components, will depreciate at the following rate:

Age of the car Percentage of depreciation
Not more than 6 months nil
Between 6 months and 1 year 5%
Between 1 year and 2 years 10%
Between 2 years and 3 years 15%
Between 3 years and 4 years 25%
Between 4 years and 5 years 35%
Between 5 years and 10 years 40%
More than 10 years 50%

In the case of car painting, the rate of depreciation considered is 50% of the total material cost.

Tata AIG Car Insurance Add-On Covers

The value added car insurance from Tata AIG General Insurance, aptly named ‘Auto Secure’ is designed to protect your car against all unforeseen eventualities. This includes damages incurred as part of an accident or permanent loss through theft. Another unique feature of Auto Secure is its add-on covers, specifically designed to take on eventualities that aren’t covered as part of the main policy.

The following add-ons can be opted to enhance the base cover provided:

  1. Depreciation: The company will pay the depreciation value of replaced parts for the first 2 own-damage claims.
  2. Daily Allowance: A daily amount will be provided to help the insured meet transport expenses for the period the car is under repairs at the authorized garage, subject to a limit of 10 days (damage claims)/15 days (theft/total-loss claims).
  3. Courtesy/Hire Car:To make up for the absence of the policyholder’s car in case of damage/theft/total loss, an alternate car will be arranged. The cost of hire will be met by the company. In case of unavailability of a replacement car, travel expenses as specified, will be provided. This allowance will be provided for a maximum of 10 days subject to the time required by the authorized garage for repairs.
  4. Return To Invoice (RTI): Consider a scenario in which your car is insured by a comprehensive auto insurance policy. In the event of a theft or total damage of the vehicle, you can raise a claim under the car insurance. In this case, the insurance company will offer you an amount equal to the Insured Declared Value (IDV) of the vehicle. But if your vehicle was protected with the RTI cover, you can get the actual invoice price, i.e., the on-road price that you paid for the vehicle at the time of purchase. However, this add-on cover is only offered to cars that are less than 3 years old.
  5. No Claim Bonus Protection Cover : In order to prevent current claims (other than total loss claims) from nullifying no claim benefits accrued on the policy, this cover ensures payment of the no claim bonus as specified in the contract upon renewal. This is provided there is only one instance of own-damage claim during the present insurance period and renewal is done within 90 days.
  6. Repair of Glass, Fiber, Plastic and Rubber Parts: Under this, claims for the said repairs (instead of replacement) will not affect the no claims bonus due upon renewal of the contract. Only one such claim is allowed during one insurance period.
  7. Loss of Personal Belongings: This insurance cover is taken to make good for losses relating to personal belongings in the damaged car. Items being transported for business purposes are not considered.
  8. Emergency Transport and Hotel Expenses: This takes care of transport charges between the location of the accident and the policyholder’s place of residence and expenses for an overnight hotel stay. Payout is per pre-determined amounts upon submission of expense proofs.
  9. Key Replacement: For cases of theft/break-ins/lock-outs, the costs involved in replacing the key or locks will be reimbursed.
  10. Engine Secure: The company will pay for repair/replacement expenses pertaining to engine damage including internal parts, gearbox, transmission and differential assembly due to entry of water or due to oil leaks
  11. Tyre Secure: This insurance cover is taken to help meet expenses relating to replacement/repair of tyres and tubes for damages resulting from an accident.
  12. Consumable Expenses:
    • Covers the cost of consumables requiring replenishing post the accident.
    • Payments are as per the schedule mentioned in the bond.

These add-ons are available in four convenient packages - Gold, Pearl, Titanium and Platinum.

  1. Gold Protection Add-On Package
  2. Tata AIG car insurance provides attractive add-ons to the existing insurance policy. An all inclusive add-on package, Gold protection extends additional coverage that isn’t part of the standard policy. The benefits of this package are-

    • Covers loss of personal belongings
    • Key replacement
    • In case of a breakdown or accident, emergency travel and hotel expenses are covered
    • Repairs and replacement for plastic, fiberglass, and rubber parts
    • No claim bonus protection

    The Gold package from Tata AIG motor insurance dispenses premium benefits, giving you complete peace of mind.

  3. Tata AIG Private Car Insurance Pearl
  4. The ‘Pearl’ plan is part of Tata AIG’s Auto Secure, the value added insurance plan that is designed to give the customer an extra measure of protection in addition to the main umbrella accorded by Tata AIG Car Insurance. Pearl is basically a pre-determined add-on bundle that takes care of pressure points that aren’t necessarily covered in the main policy.

    If you decide to subscribe to the Pearl add-on, the following benefits are accorded to you-

    • Cover for the repair of glass, fibre, rubber, and plastic parts of the car.
    • No Claim Bonus (NCB) protection.
    • Coverage for loss of personal belongings.
    • Transport and hotel expenses in case of emergency.
    • Replacement of lost keys.
    • Added protection with depreciation reimbursement.

    Note that the Tata AIG Car Insurance Pearl plan is an individual tier in a multi-tier system, inclusive also of the Gold, Titanium, and Platinum plans.

  5. Tata AIG Car Insurance Pearl Plus
  6. A upgrade on the Tata AIG Auto Secure Pearl add-on plan, the Tata AIG Car Insurance Pearl Plus plan is designed to increment the protection accorded to the customers and decrease the liability faced by them. The Pearl Plus add-on plan takes the following into consideration-

    • Cover for the repair of glass, fibre, rubber, and plastic parts of the car.
    • Coverage for consumables that need replacing after an accident- nuts, bolts, brake fluid, etc.
    • Roadside assistance in cases of accidents or problems with the vehicle.
    • Coverage for loss of personal belongings.
    • Engine secure to cover the expenses incurred in the repair of a faulty engine.
    • Replacement of lost keys.
    • Added protection with depreciation reimbursement.
    • Emergency transport and hotel expenses when stranded due to vehicle issues.

    Note that the Tata AIG Car Insurance Pearl Plus plan is an individual tier in a multi-tier system, inclusive also of the Gold, Pearl, Titanium, and Platinum plans.

  7. Tata AIG Private Car Insurance Titanium
  8. A natural progression to the ‘Pearl’ plan, the Tata AIG Car Insurance Titanium plan is a subset of the Tata AIG’s Auto Secure initiative that provides value added insurance options to the customer, and provides him/her with additional benefits that aren’t covered by the main policy.

    If you decide to subscribe to the Titanium add-on, the following benefits are accorded to you-

        • Cover for the repair of glass, fibre, rubber, and plastic parts of the car.
        • No Claim Bonus (NCB) protection.
        • Coverage for loss of personal belongings.
        • Transport and hotel expenses in case of emergency.
        • Replacement of lost keys.
        • Added protection with depreciation reimbursement.
        • Daily allowance to take care of your travel expenditures if the vehicle is parked in the garage for an extended duration of time.
        • Note that the Tata AIG Car Insurance Titanium plan is an individual tier in a multi-tier system, inclusive also of the Gold, Pearl, and Platinum plans.
  9. Tata AIG Private Car Insurance Platinum
  10. Amongst the various add-on covers available as part of the Tata AIG Auto Secure initiative, the Tata AIG Car Insurance Platinum plan is the most feature-rich and comprehensive as compared to the other available options - Gold, Pearl, and Titanium. The various benefits of this plan include -

    • Cover for the repair of glass, fibre, rubber, and plastic parts of the car.
    • No Claim Bonus (NCB) protection.
    • Coverage for loss of personal belongings.
    • Transport and hotel expenses in case of emergency.
    • Replacement of lost keys.
    • Added protection with depreciation reimbursement.
    • Daily allowance to take care of your travel expenditures if the vehicle is parked in the garage for an extended duration of time.
    • Return to Invoice - This is the difference between the car insurance payout as received by you in the event of a total loss or theft, against the original price paid by you for the car (as listed in the purchase invoice).

    Compulsory Personal Accident Cover With Tata AIG Motor Insurance

    The owner-driver of the car can avail compensation for injury/death resulting from an accident in accordance to the below scale.

    • 100% in case of death
    • 100% in case of loss of both limbs or sight in both eyes and one limb and sight in one eye
    • 50% in case of loss of one limb or sight in one eye
    • 100% in case of total permanent dismemberment (other than above)

    Similar cover is available for passengers as well upon payment of additional premiums.

    Tata AIG Third-Party Car Insurance

    Your car is your prized possession and it is extremely important to insure your vehicle. Tata AIG Third-Party Liability Insurance gives insurance coverage as per the Indian Motor Vehicles Act of 1988. Third-Party Motor Insurance is designed to protect the car owner from all third-party legal liabilities that might arise because of an accident. This includes injury, death and/or property damage incurred by the third party.

    What is covered by Tata AIG Third-Party Car Insurance?

    Tata AIG Third-Party Motor Insurance policy covers the following:

    • Cover against injury or death caused to third party
    • Cover against accidental damage of property of the third party

    Things not covered by Tata AIG Third-Party Car Insurance?

    Tata AIG Third-Party Motor Insurance policy does not cover the following:

    • Accidental damage or loss to any property arising from any consequential loss
    • Accidental damage or liability incurred outside the geographical area
    • Claims arising out of contractual liability

    How does the policy work?

    According to the policy, the motor owner or the insured person is known as the first party. Tata AIG is the second party, as it is the insurer. Anyone who claims for accidental property damage or injury and is not associated to the first party in any way is known as the third party. Tata AIG Motor Insurance takes care of all legal liabilities arising from any accidental damage caused by their insured customer and provides him/her with utmost protection.

    Tata AIG Car Insurance Exclusions

    There are certain situations under which claim payments will not be made. These are:

    • Consequential loss
    • Depreciation/wear and tear
    • Breakdowns/failures/breakage - mechanic/electric
    • Tyre/tube damage other than during car damage
    • Driving while intoxicated
    • Occurrences outside the specified geographical limits
    • Occurrences beyond specified usage limits
    • Inadmissible claims
    • Events at the hand of an unauthorized driver
    • Nuclear damage
    • Eventualities of war or related activities
    • There are exclusions specific to each of the add-on covers.

    Sum Insured With Tata AIG Car Insurance

    The sum insured under the Tata AIG car insurance plan is the Insured Declared Value (IDV). This will be arrived at based on the manufacturer’s selling price at the start of the policy or at the time of renewal.

    The depreciation calculated on the vehicle for Total Loss claims/ Constructive Total Loss will be as follows:

    • Up to 6 months: 5%
    • 6 months - 1 year: 15%
    • 1 - 2 years: 20%
    • 2 - 3 years: 30%
    • 3 - 4 years: 40%
    • 4 - 5 years: 50%
    • Above 5 years and obsolete models: As decided between the insurer and the insured.

    Discounts Given By Tata AIG Motor Insurance

    Own-damage premium discounts are available:

    • If approved anti-theft devices are installed
    • For membership with a recognized automobile association

    Applying For Tata AIG Car Insurance Online

    The perks of applying for the Tata AIG Car Insurance online are -

    1. Fast, Reliable and Easy- Buying car insurance online takes a fraction of the time as compared to purchasing or renewing it from an offline source.
    2. No Lengthy Documentation Process- There are no documents to submit or verifications to affect immediately when applying for Tata AIG Car Insurance online. Most priority documents need only be submitted at the time of the claim.
    3. Non-Stop Coverage- As soon as the online purchase or renewal is completed, an e-copy of the policy is forwarded to you. This can be printed out and thus, the wait for the actual physical copy of the policy to arrive to you by mail becomes that much more bearable.
    4. 24x7 Support- Avail Tata AIG’s renowned customer support, applicable 24x7, to answer all your queries and concerns.

    Hence, the online route to policy purchase or renewal is rapidly gaining a staunch fan following.

    In order to buy a car insurance policy online, visit the Tata AIG website and click on the corresponding menu option. You will first have to use the Tata AIG car insurance premium calculator tool and get a quote for insuring your car. Following this process, you can buy the policy instantly. You will be able to download a copy of your car insurance policy. A pdf version of the same will be sent to your email ID as well. In addition, you will receive a Welcome Kit with a printed copy of the issued car insurance policy within 7 days through courier.

    Tata AIG Car Insurance Premium Calculator

    Customers can calculate the premium for their car insurance by using the online premium calculator tool at the insurer’s website. When a customer clicks on the ‘Calculate Premium’ option, he/she is required to specify whether the car insurace is being bought for a new/used car or if it is a case of policy renewal.

    In order to calculate the premium, the tool requires the following information:

    • The personal details of the customer, i.e., name, contact number, email ID, age, address, etc.
    • Details about the car, such as the make and model, year of manufacture, fuel type, registration date, etc.
    • You should also specify whether you are looking to insure the accessories installed in the car.
    • The cubic capacity of the car’s engine.

    After updating these details in the form accurately, you should submit it to receive an instant quote. In case you are renewing your existing car insurance policy, you should also provide the details of your current policy and your car’s registration details.

    The Tata AIG car insurance premium calculator tool enables you to immediately get a quote for insuring your car, in a matter of minutes. This is a very handy tool that must be used before you decide on a policy.

    Tata AIG Private Car Insurance Renewal

    If you are looking to renew your existing car insurance from Tata AIG you can do so by visiting the website of the insurer. Select the option for policy renewal and receive the form for the same.

    • In the renewal form, fill in your name, policy number, engine number, chassis number, and car registration number.
    • You should also provide your mobile number or email ID.
    • Your source of income, i.e. business or salary, should also be updated.

    On submitting the form, your car insurance policy will be renewed. You will be able to download the policy document as well. A pdf copy of the same will also be sent to your email ID. Additionally, you will receive a Welcome Kit with a printed copy of your car insurance policy through courier in the following days.

    Claim Process Of Tata AIG Private Car Insurance Plan

    The Tata AIG Car Insurance claim process involves the following steps-

    1. Cashless Claims
      • Report the accident/loss to Tata AIG via the company’s 24 hours helpline number.
      • Experts from Tata AIG will survey the damaged vehicle and compile a loss assessment within 48 hours.
      • Tata AIG will confirm the approved amount as per your Tata AIG Car Insurance policy before settling the said amount to the garage directly.
    2. Reimbursement Claims
      • Report the accident/loss to Tata AIG via the 24 hours helpline number. Experts from Tata AIG will survey the damaged vehicle and compile a loss assessment within 48 hours.
      • Next, the customer must submit all the requisite documents to Tata AIG. The documents include,

    a) The completed claim form

    b) Driving license of the individual driving the vehicle at the time of accident/loss,

    c) Vehicle registration document, and

    d) FIR copy where claims are against property damage, bodily injury or theft.

    Finally, Tata AIG processes the claim and reimburses the approved amount to the claimant.

    The Tata AIG car insurance claim process is easy and hassle-free. There is transparency in the procedures involved in reimbursement of the claim amount. In the case of cashless claims, there are ample network garages affiliated to the insurer where you can get the vehicle repaired efficiently.

    Other Benefits Of Tata AIG Motor Insurance

    In addition to the above features, the Tata AIG motor insurance policy offers the policyholder the following benefits:

    • Direct settlement at specified garages.
    • Claims can be settled within 7 days.
    • Guarantee on quality of spares.

    Tata AIG Car Insurance For Second-hand Cars

    Tata AIG also offers a comprehensive car insurance policy for second-hand/used cars. In order to apply for the same, customers can visit the insurer’s website and fill up a form. The customer is expected to provide his/her personal details such as name, mobile number, email ID, and city of residence in the claim form. The make and model of the car and details of the current insurance policy should also be furnished.

    After the customer submits the form online, a customer care representative will get in touch with him/her for a briefing on the next steps. A vehicle inspection will be required before the insurer provides you a premium quote.

    Alternatively, the customer can get in touch with the insurance company to enquire about the insurance in any of the following ways:

    1. By requesting for a callback through the insurer’s website.
    2. By calling the toll-free helpline number of the insurer.
    3. By sending an SMS to the customer service cell of the company.
    4. By sending an email to the company’s customer service team.

    Tata AIG Car Insurance Customer Care Service

    The website of Tata AIG Insurance has a Bot Assistant facility that enables you to initiate a conversation with a customer service representative. Alternatively, you can dial the toll-free number, 1800 266 770, for the same. The insurer’s website also has the facility to request for a call back. The customer will have to update his/her name, contact number, email ID, and city name in an online form and submit it to request for a call back.

    The website also enables you to get a list of the branch offices of the insurance company through the ‘Branch Locator’ option. The customer’s city and PIN code will have to be entered for filtering the results. The ‘Garage Locator’ facility is a very useful service that enables you to identify the cashless garages in the network of the insurance company. You can avail cashless claim settlement at these garages, and this is a very attractive service.

    The grievance redressal procedures of the insurer are clearly mentioned at the website. The website also enables customers to register their feedback through an online form.

    FAQs – Tata AIG Car Insurance

    1. What are some of the add-on covers that I can avail if I decide to get the Tata AIG comprehensive car insurance?
    2. Tata AIG offers the following add-on covers to policyholders:

      • Roadside assistance (RSA)
      • Loss of personal belongings
      • Repair of glass, fibre, rubber, and plastic parts
      • Key replacement
      • Emergency transport and hotel expenses
      • Depreciation reimbursement
      • Engine secure
      • Consumable expenses
      • Daily allowance
      • Return to invoice (not applicable for used cars)
      • Tyre secure
      • NCB protection
      • Courtesy/hire car

      Depending on the type of Tata AIG car insurance policy you have chosen (Gold, Pearl, Pearl Plus, Titanium, or Platinum), the above options will be available to you as add-on covers.

    3. What are some of the benefits of buying Tata AIG car insurance?
    4. These are just some of the benefits that you can enjoy as a Tata AIG car insurance holder:

          • No matter where you are, simply call the reliable customer care in the event of your insured car breaking down and it will be picked up free of cost.
          • Get special treatment at garages associated with Tata AIG and avail direct claim settlement facility.
          • Get warranty upto 6 months for accident repairs.
          • Get the best in spares and materials each time your insured car needs it.
          • Claim settlement will be done in less than 7 days.
          • Get 12 unique add-on covers that will make you feel safer on the road.
    5. Can I avail cashless service if I get the Tata AIG car insurance?
    6. Yes, you can avail direct settlement facility at the many garages that are associated with Tata AIG.

    7. Will I be able to avail a No Claim Bonus with Tata AIG car insurance?
    8. Yes, if you drive carefully and do not raise any claims in a policy year you can avail the benefit of a No Claim Bonus (NCB) under the Tata AIG car insurance plan. You can utilise this bonus to avail a premium discount at the time of car insurance renewal. However, you should not delay the renewal of your policy beyond 90 days from the due date. This may lead to the loss of your hard-earned NCB.

    9. Where can I find more information about the Tata AIG Private Car Package Policy?
    10. Visit the official website of the insurer. At the bottom of the page you will find a link that gives you the policy wordings. The document will provide you information on the coverage of the policy, as listed below:

      • Loss of or damage to the vehicle insured
      • Liability to third parties
      • Personal accident cover for owner-driver

      The policy documentation will also provide you the following information:

          • General exceptions under the plan
          • Deductibles
          • Discounts
          • Other relevant information
    11. Will I be reimbursed for depreciation of my insured car?
    12. The comprehensive car insurance policy from Tata AIG does not offer coverage for depreciation of car parts. However, this can be added to the insurance coverage by opting for a zero-depreciation add-on plan. Also, referred to as nil depreciation cover, this add-on plan offers the policyholder a claim payout that is almost 100% of the claim amount.

    13. Does the policy cover liabilities due to damages to third party?

    Under the Tata AIG car insurance policy, all liabilities towards third party are covered.

News About TATA AIG Car Insurance

  • Jaguar Land Rover Breaks Half a Million Mark

    For the first time, Jaguar Land Rover owned Tata Motors broke the record for half million cars sold for the fiscal year 2015 - 16. The retail sales of Jaguar Land Rover has increased by 13 per cent and 521,571 cars have been sold. Jaguar Land rover is currently the largest automotive manufacturer in the UK. The brand is also the proud recipient of over 140 awards across categories like technology, design, environmental stability and design.

    If you are planning to get your own luxury car, do not skip the car insurance part. Check amazing car insurance deals and know more about car insurance at BankBazaar.

    6 June 2016

  • Tata AIG to launch Telematics Pilot Program for Car Insurance Solution

    Tata AIG is one of the companies in India that is entering the market of telematic solutions. Telematics is a system by which car insurance companies will be able to determine insurance premium based on the concept of “Pay As You Drive”. Under this system, cars will have a telematics-enabled mobile device installed in the vehicle which will monitor and track vehicle usage, traffic violations and risk behavior of the driver. Using this information, insurance companies can then determine the premium the insured deserves according to their behavior. The safer you are on the road, the lower your premium will be. AIG Inc, the global insurer has already adopted PAYD telematic solutions in America, Europe and other developed markets. AIG has its presence in India with a joint venture with Tata. Tata AIG will be launching a pilot program soon to test the waters in the PAYD car insurance solutions. These solutions will not help only the car insurance industry but will also encourage safer habits and behavior on the road.

    23 March 2016

  • Hike in Third Party Insurance Premium- Tata AIG isn’t Happy!

    The Insurance Regulatory and Development Authority has increased the premium for third party motor insurance. Insurers are unhappy with this situation, as rising claims and higher losses are what they have to deal with. The third-party insurance hike is claimed to be inadequate by the insurance companies. TaTa AIG echoes the sentiments of the car insurance sector when pointing out that insurers are facing heavy losses and the miniscule rate hike isn’t helping the situation.

    In 2013-2014, the claims on motor insurance were 6.8 percent higher than the previous year. The rates increased by 20-30 percent in case of four wheelers and by 14-20 percent in case of two wheelers. As per IRDA regulations, there is no fixed amount determined as compensation in case of a road injury or death and the entire amount has to be provided by the associated insurance company.

    27 April 2015

  • Base Level Motor Insurance Claim Fixed by IRDA

    Insurance Regulatory and Development Authority (IRDA) has fixed a base level of auto claim of at least Rs 1 lakh for third party-surveyor assessment. This is not a good news for consumers with claims on automobile insurance. Most of the motor insurance claims fall below Rs 1 lakh. On an average, the claim in motor insurance for personal vehicles is Rs 30,000, and for commercial vehicles is Rs 50,000. Until now, as per Section 64 U M, for any claim of Rs 20,000 and above an external surveyor was required. However, with the new rule implemented by IRDA the limit has been increased to a lakh. Mr. KK Mishra, Managing Director and Chief Executive of Tata AIG General Insurance said, “We have made a request to increase this limit to Rs 1 lakh.”

    26 March 2015

  • Tata AIG Backs Center’s Proposed Decision to Limit Claims Liability

    The Indian Central Government is mulling the idea of fixing a limit on the liability that results from road accidents, an especially tricky bit which also includes third party motor insurance. Obviously, this move is highly welcome from the insurers’ point of view, who have, in the past shelled out as much as Rs.50 crore in related individual settlements. Indian motor insurers have witnessed a 40% increment in claims pertaining to third party insurance this year (figures as massive as 120% claims ratio that amounts to loses of Rs.12,000 crore) and could definitely use a respite.

    Tata AIG car insurance, a prominent player in the segment, opines that putting a fixed liability limit will force the vehicle owners to be more serious about their driving habits. Says Mr. Madhukar Sinha, National Head- Personal Lines at Tata AIG, that an additional benefit of these impositions could be the drastic reduction in road accidents. Silver lining, anyone?

    17 February 2015

  • 'Drive Safe' mobile app: from Tata AIG Motor Insurance.

    Jumping onto to the smartphones band wagon, Tata AIG General Insurance Co. Ltd., from its end, has introduced a new mobile application specially designed to monitor the driving pattern of an individual on the road. The app records the speed, location and time of the journey, in addition to the breaking and acceleration actions of the driver. The distance traveled including the driving behavior is also captured. The insurer plans to incorporate these details into its Tata AIG motor insurance policies.

    ‘Drive Safe’ evaluates driving skills based on five parameters namely - Smoothness, Anticipation, Calmness, Pace, and Braking. For every journey completed by the driver, the app shares a score rating the driving pattern on a scale of 1 to 5, with 5 being the highest and 1 being the lowest. The app also generates a detailed report after the completion of 400 kms. Drive Safe uses the GPS feature of the driver’s phone to record the movements and transmits it to a connected server. Then the data available is analyzed and a report is generated to the driver. The mobile app can be easily downloaded onto a smartphone as it is available on the Google PlayStore.

    9 February 2015

  • ‘Holidays Equal 10x Bigger Pay-outs’: Tata AIG Car Insurance

    For a nationally reputed motor insurance company like Tata AIG Car Insurance, holidays, festivals and long weekends signal a time of great activity and copious settlements. Thanks to irresponsible and drunken driving, these ‘relaxed’ times are witness to more and more auto crashes and vehicular damages. These scenarios often allow the insured to claim the full insured value of the vehicle, thereby blowing up the settlement values. Tata AIG has recorded over 10 time bigger claim pay-outs than similar claims in ‘normal’ times. The company considers the amateurish approach of city-dwellers to highway driving as well as irresponsible night-time driving as major contributors to this unsettling trend.

    27 January 2015

  • Tata AIG Reviews On Telematics

    Telematics is a kind of new technology which was installed in cars. Many general insurance companies wanted this technology to be taken off, Tata AIG states the reason for this to be the high cost of the tracking device required to be installed in the insured vehicle.


    Ideally, using GPS to track driving behaviour should lead to lower premiums for those with safe driving habits. However, in India, competition and low penetration compel general insurance companies to offer car insurance policies at costs that are comparatively lower than their international counterparts. These cost-efficient policies are often offered with many discount options enhancing affordability. The cost of the tracking device, however, is much higher than the overall cost of motor insurance for most car owners. This negates the idea of usage-based auto insurance as most car owners don’t see any substantial cost benefits arising from installing these devices.

    To resolve this issue, Tata AIG suggests using tracking technology in mobile phones, which comes at no extra cost, as an alternative.

    22 December 2014

GST Update: GST of 18% is applicable on car insurance effective from the 1st of July, 2017

TATA AIG Car Insurance Reviews

Page 1 of 6 1 2 3 4 5
  • Tata AIG Car Insurance
    "Excellent Service"
    0.5 5.0/5 "Blown Away!"
    It has been a good insurance policy and the premium has been paying annually. The premium amount has been nominal and the payment method has been easy. I had not yet made any claims so far and there has been cashless garages available as well....
    Was this review helpful? 0
    , bangalore
    Reviewed on Dec 14, 2018
  • Tata AIG Car Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I hold a car insurance with TATA AIG general insurance from last 10 months, a premium of Rs 16000 has to be paid for this insurance policy. There was no claim experience so far with this insurance and this policy has full coverage with 0% depreciation.
    Was this review helpful? 1
    , bangalore
    Reviewed on Dec 11, 2018
  • Tata AIG Car Insurance
    "Complete protection with Tata Aig"
    0.5 5.0/5 "Blown Away!"
    I approached Tata Aig through their agent, he have taken initiative to generate the policy on time, I have received the policy document on time, the premium amt around Rs. 11k for one year, I have road side assistance with engine protection, tier cover with best insured value.
    Was this review helpful? 0
    , keonjhar
    Reviewed on Dec 10, 2018
  • Tata AIG Car Insurance
    "Yet to experience the policy"
    0.5 4.0/5 "Great!"
    I have purchased the TATA AIG car insurance 6 years ago. I have selected the TATA company because of the brand value. I'm not sure about the bumper to bumper facility. I have got the benefits of no claim bonus, cashless garages. I never interacted with the customer anyway I'm satisfied with the policy.
    Was this review helpful? 0
    , new delhi
    Reviewed on Dec 02, 2018
  • Tata AIG Car Insurance
    "Good Car Insurance policy as of now. "
    0.5 4.0/5 "Great!"
    My car insurance policy was taken with TATA AIG. My friend has recommended me about this policy. He has taken care of all the details of the policy. I have been renewing the policy for last 9 years. I never interacted with their customer since i don't require it. I had no claim experience till now. They have offered me a coverage value of Rs. 6.25 lakhs. I have got a no claim bonus.
    Was this review helpful? 1
    , chennai
    Reviewed on Dec 02, 2018
  • Tata AIG Car Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I am having a car insurance policy with TATA AIG from last 2 years, a premium of Rs 8500 has to be paid for this insurance policy every year. There was no claim experience so far with this insurance policy. They cover bumper to bumper damage for this car insurance.
    Was this review helpful? 0
    , bangalore
    Reviewed on Nov 30, 2018
  • Tata AIG Car Insurance
    "Need to improve the customer service"
    0.5 2.5/5 "Just OK"
    My car insurance was offered by the TATA showroom. The premium is okay and I have paid around 15K to purchase the policy for one year. They have not send the insurance papers and the process was not clear like other insurer. I have contact the customer service which they don't respond. The policy coverage is good.
    Was this review helpful? 0
    , bangalore
    Reviewed on Nov 30, 2018
  • Tata AIG Car Insurance
    "Excellent policy"
    0.5 4.0/5 "Great!"
    Its because of the brand value of TATA, i have purchased the car insurance policy. I have spoke with my friends and they have suggested the car insurance policy with TATA. The customer satisfaction is high in this company. The claim experience is good which i had. They have all the parts in the policy. The response was on time in the dealer.
    Was this review helpful? 0
    , faridabad
    Reviewed on Nov 22, 2018
  • Tata AIG Car Insurance
    "Excellent service"
    0.5 5.0/5 "Blown Away!"
    My car is insured with TATA AIG general insurance,i got insurance through my agency, and i am not aware about premium amount it on yearly, It is a easy process, I have no claim experience so far with this insurance policy.
    Was this review helpful? 0
    , noida
    Reviewed on Nov 16, 2018
  • Tata AIG Car Insurance
    "Average policy"
    0.5 3.0/5 "Satisfactory"
    I got Car insurance from Tata Aig general insurance through Mahindra finance As The premium amount is very high of Rs 13000 ,As they have not explained even single thing about the policy overall its average policy . And am not happy with premium amount which i have paid for .
    Was this review helpful? 2
    , hyderabad
    Reviewed on Oct 11, 2018
  • Tata AIG Car Insurance
    "Best policy"
    0.5 5.0/5 "Blown Away!"
    My car is insured with TATA AIG general insurance from last 8 years. A premium of Rs 17000 has to be paid for this insurance policy. I have no claim experience so far with this insurance policy and it has 100% coverage.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Sep 25, 2018
  • Tata AIG Car Insurance
    "Best policy"
    0.5 5.0/5 "Blown Away!"
    My car is insured with TATA AIG general insurance from last 8 years. A premium of Rs 17000 has to be paid for this insurance policy. I have no claim experience so far with this insurance policy and it has 100% coverage.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Sep 25, 2018
  • Tata AIG Car Insurance
    "Average Policy"
    0.5 3.0/5 "Satisfactory"
    My car insurance is with TATA AIG and i have taken this policy for 1 year. I have to pay an insurance premium of Rs 9000 for this insurance. They cover bumper to bumper damages and i am happy with the coverage value of this insurance policy.
    Was this review helpful? 1
    , bangalore
    Reviewed on Sep 12, 2018
  • Tata AIG Car Insurance
    "Good Service"
    0.5 5.0/5 "Blown Away!"
    My car is insured with the Tata Aig Car insurance. I pay a premium of 15000 per year. They have also offered me a fair IDV value for my car. I never had any issues with the their services. Overall I never had any issues with the car insurance policy so far.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jul 02, 2018
  • Tata AIG Car Insurance
    "Have to Improve the Services"
    0.5 5.0/5 "Blown Away!"
    I used to pay the premium of Rs. 2000. Actually my car got damaged to Rs. 50 K but they have given only Rs. 20000 for the claim amount. I have called to the customer care for my policy documents. I used to make the payment through online. I don't receive a hard copy and soft copy to my home. For that i have to reminded them for 2 to 3 times. After the follow up of 3 week they sent my hard copy to my residence. The claim experience is very bad. Their is no proper response from them when i approached the claim.
    Was this review helpful? 0
    , madurai
    Reviewed on Jun 06, 2018
  • Tata AIG Car Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I have my car insured with TATA AIG from last 1 year, i am happy with the coverage value of this insurance policy. I pay a premium of Rs 8000 every year for this insurance policy. I do not have claim experience so far with this insurance and they cover bumper to bumper damages.
    Was this review helpful? 0
    , new delhi
    Reviewed on May 15, 2018
  • Tata AIG Car Insurance
    "Good Insurance for Car"
    0.5 4.0/5 "Great!"
    I have been using this TATA AIG Car Insurance for 3 years. I used to pay the premium of Rs. 40000/ per year. Bumper to Bumper insurance. So far, I have not claimed the policy. If car is theft, the whole year they will provide you get free to bumper. During the accident, you can stay in a hotel.
    Was this review helpful? 0
    , bangalore
    Reviewed on May 09, 2018
  • Tata AIG Car Insurance
    "Good Policy"
    0.5 3.0/5 "Satisfactory"
    I hold a car insurance with TATA AIG from last 3 years, i am happy with the coverage value of this insurance policy, they cover bumper to bumper damages. I have not claimed anything so far from this insurance policy and i pay a premium of Rs 12000 for this insurance every year.
    Was this review helpful? 0
    , new delhi
    Reviewed on May 07, 2018
  • Tata AIG Car Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I have a car insurance with TATA AIG from last 3 months and it is a good insurance policy to use. They cover bumper to bumper as well as third party damages. I have not claimed anything so far with this insurance and i pay a premium of Rs 12000 for this insurance.
    Was this review helpful? 0
    , mumbai
    Reviewed on Apr 24, 2018
  • Tata AIG Car Insurance
    "Best policy"
    0.5 5.0/5 "Blown Away!"
    I hold a car insurance with TATA AIG from last 1 month and it is a good insurance policy to use. This policy has to be renewed every year and i pay a premium of Rs 40000 for this insurance. I do not have claim experience so far with this insurance. They cover bumper to bumper and third party damages.
    Was this review helpful? 0
    , faridabad
    Reviewed on Apr 03, 2018
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