Bajaj Alianz Car Insurance offer: is it a good offer - Team-BHP

amya · 18th January 2008, 10:06

Hi,

I have a Sept 2003 Santro XS used car. When I bought this car, its insurance was with New India. Since it has come to end, I was thinkning of renewing it and Bajaj Allianz gave me the following offer.
Value of car: Rs. 218,000.
Premium: Rs. 9700.

Offer Cover includes:
Theft/accident (cover equal to value of car)
Driver cover (2 lakh)
All Passanger cover (2 lakh)
3rd party property damage (upto 7 lakh)
3rd party person cover.

For passenger cover,the agent said its 2 lakh. I forgot to ask him whether its for all the passengers (2 lakh each) or total 2 Lakh. I will ask him tomorrow when he comes to my place to see my car.

3rd party property damage includes 3rd party car,home,shop etc.

"There are no offers, no discounts, no extra charges and no hidden costs" he said . I am ok with that. Because everyone knows the head-ache, frustration behind the so-called offers and their "conditions apply" star marks.

Also, for the premium, he offered me 5 EMI on my Citibank credit card without any extra charges.

I am writing down few things which I want to have explained before I purchase this policy. Please let me know if its a good offer. Cheers !

mithun · 25th January 2008, 06:33

The Premium Rs. 9700 is quite reasonable. Go ahead !

HappyWheels · 25th January 2008, 08:19

have been with Bajaj for two years now (moved out from ICICI Lombard) and there are no issue. since maruti has a tie up with them, each time I claim insurance, i just pay the minimum.

HappyWheels · 25th January 2008, 08:20

18th jan post!!! amya, I guess you have already gone with Bajaj!

amya · 25th January 2008, 09:05

Quote:

Originally Posted by HappyWheels

18th jan post!!! amya, I guess you have already gone with Bajaj!

yes sir, I will recieve the documents today. Initially the premium was quoted as 9700/- for car value 2,18,000; however the Final Offer from them looks like this.

Premium: 7425/-
Theft/accident (cover equal to value of car: 2,18,000: sept 03 Santro XS)
Driver cover (Self): 2 lakh
Driver Cover (3rd party): 50,000
All Passanger cover: 1 lakh for each passanger present in the car at the time of situation
3rd party property damage: upto 7 lakh
3rd party person cover: No limit.

simply_sunny001 · 25th January 2008, 10:59

Quote:

Originally Posted by amya

yes sir, I will recieve the documents today. Initially the premium was quoted as 9700/- for car value 2,18,000; however the Final Offer from them looks like this.

Premium: 7425/-

7425 Rs seems be more than the word reasonable and you have got the full coverage .

this looks like money well spent.

congrats

benbsb29 · 25th January 2008, 11:03

Bajaj Allianz has been quite nice to deal with, and getting a claim from them was a rather pleasant experience for me. Others also on the forum have shared similar experiences. I am sure you would have good words about them as well.

pankaj_sachdeva · 25th January 2008, 11:08

Amya,
Bajaj Allianz is quite good these guys are quite prompt & quite good to deal with. Infact they still call to know whether I am satisfied with their service (I did a renewal in Sep 2007 for my car ) & you have got a good deal.

18th January 2008, 10:06	#1 (permalink)
amya Newbie Join Date: Oct 2007 Location: MH 12 Posts: 23	Bajaj Alianz Car Insurance offer: is it a good offer Hi, I have a Sept 2003 Santro XS used car. When I bought this car, its insurance was with New India. Since it has come to end, I was thinkning of renewing it and Bajaj Allianz gave me the following offer. Value of car: Rs. 218,000. Premium: Rs. 9700. Offer Cover includes: Theft/accident (cover equal to value of car) Driver cover (2 lakh) All Passanger cover (2 lakh) 3rd party property damage (upto 7 lakh) 3rd party person cover. For passenger cover,the agent said its 2 lakh. I forgot to ask him whether its for all the passengers (2 lakh each) or total 2 Lakh. I will ask him tomorrow when he comes to my place to see my car. 3rd party property damage includes 3rd party car,home,shop etc. "There are no offers, no discounts, no extra charges and no hidden costs" he said . I am ok with that. Because everyone knows the head-ache, frustration behind the so-called offers and their "conditions apply" star marks. Also, for the premium, he offered me 5 EMI on my Citibank credit card without any extra charges. I am writing down few things which I want to have explained before I purchase this policy. Please let me know if its a good offer. Cheers !

25th January 2008, 06:33	#2 (permalink)
mithun Senior - BHPian Join Date: Jan 2006 Location: Cochin/Bangalore Posts: 1,072 View My Garage	The Premium Rs. 9700 is quite reasonable. Go ahead ! __________________ Hold fast to dreams, for if dreams dry, life is a broken-winged bird that cannot fly.

25th January 2008, 11:03	#7 (permalink)
benbsb29 Senior - BHPian Join Date: Nov 2006 Location: Bangalore - Back To ChaoS Posts: 2,325 View My Garage	Bajaj Allianz has been quite nice to deal with, and getting a claim from them was a rather pleasant experience for me. Others also on the forum have shared similar experiences. I am sure you would have good words about them as well. __________________ "Wise are they who invested in a diesel powered automobile" - Benny

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25th January 2008, 08:19	#3 (permalink)
HappyWheels BHPian Join Date: Dec 2007 Location: Bangalore Posts: 706	have been with Bajaj for two years now (moved out from ICICI Lombard) and there are no issue. since maruti has a tie up with them, each time I claim insurance, i just pay the minimum.

25th January 2008, 08:20	#4 (permalink)
HappyWheels BHPian Join Date: Dec 2007 Location: Bangalore Posts: 706	18th jan post!!! amya, I guess you have already gone with Bajaj!

25th January 2008, 11:08	#8 (permalink)
pankaj_sachdeva BHPian Join Date: Sep 2006 Location: Bangalore Posts: 78	Amya, Bajaj Allianz is quite good these guys are quite prompt & quite good to deal with. Infact they still call to know whether I am satisfied with their service (I did a renewal in Sep 2007 for my car ) & you have got a good deal.