Automobile Insurance Queries? Ask me

amoghchaphalkar · 21st June 2009, 20:39

@RJ Vora

I have booked the new Fiat Grande Punto 1.3 MJD Emotion Pack

Basic Car Price is 613425 - Ex Showroom Pune

I have got a quote of 16,000 from Bajaj Allianz @ 95% of the car value.

Is this a good deal ? I am tempted to go to United India or New India but I think Bajaj would be better than those two ?

What are your comments / suggestions ?

rjvora_2000 · 22nd June 2009, 08:49

Quote:

Originally Posted by amoghchaphalkar

@RJ Vora

I have booked the new Fiat Grande Punto 1.3 MJD Emotion Pack

Basic Car Price is 613425 - Ex Showroom Pune

I have got a quote of 16,000 from Bajaj Allianz @ 95% of the car value.

Is this a good deal ? I am tempted to go to United India or New India but I think Bajaj would be better than those two ?

What are your comments / suggestions ?

I have seen it many times that Pvt. companies performing better then Gov. companies, if I am there in your place I will go for Bajaj.

amoghchaphalkar · 22nd June 2009, 22:20

@ R J Vora

Thank you very much for your reply. But is it a fair premium ?

Policybazaar.com is giving me a premium of 13,800 for Bajaj Allianz.

I am a little skeptical buying from policy bazaar since I dont know in person who I am dealing with at the other end.

Please advice

darthvader5000 · 22nd June 2009, 23:53

The NCB is only applicable to you since the car was in your name. That is what Tata AIG told me when i sold my car. I had a 50% NCB . Thereafter give them a copy of the form (29/30) i am not sure whihc of these , but ask your company , along with a letter saying that you have sold your car to XYZ and want the NCB. Once you get it, use it for your next buy , valid on both OLD and NEW purchase. See which company offers you the best deal and go with them . Point to ponder. If you live in a secure area you dont need riot , war , flood insurance. So have them removed from your comprehensive policy clause. you will save some more moolah !

Quote:

Originally Posted by shajufx

I am in the same situation. I sold my wagonR this week. Insurance is renewed upto March 2010. Total price was agreed based on the insurance. I have a NCB of 25% as of now. Is there any other way that I can transfer my NCB to my new car (which is not yet decided and booked).? Now its too late for me to get my insurance paper back from the new buyer and do the rest as suggested in the above post. Thanks.

rjvora_2000 · 23rd June 2009, 10:48

Quote:

Originally Posted by amoghchaphalkar

@ R J Vora

Thank you very much for your reply. But is it a fair premium ?

Policybazaar.com is giving me a premium of 13,800 for Bajaj Allianz.

I am a little skeptical buying from policy bazaar since I dont know in person who I am dealing with at the other end.

Please advice

You can take the premium quote print from policy bazar and show it to Bajaj guy he will reduce the premium and give you the best buy.

amoghchaphalkar · 24th June 2009, 06:36

@ R J Vora

Thank you very much for your advice sir !! I got the insurance from the company itself : Bajaj Allianz : and the premium was 13,512 :-)

Not bad I guess

rjvora_2000 · 24th June 2009, 09:55

Quote:

Originally Posted by amoghchaphalkar

@ R J Vora

Thank you very much for your advice sir !! I got the insurance from the company itself : Bajaj Allianz : and the premium was 13,512 :-)

Not bad I guess

Good!!!

From 16000 to 13500 is very good.

mentos · 24th June 2009, 23:50

Quote:

Originally Posted by mentos

I had a word with the maruti insurance guys today and they told me that i can claim the damages by submitting a copy of the police report.

Today I left my car the MASS for the scratches on my car to be painted under insurance. They said that since it is based on police complaints, cashless facility will not be made available to me. But they did assure me that the insurance company will cover the cost for the paintjob.

rjvora_2000 · 25th June 2009, 09:00

Quote:

Originally Posted by mentos

Today I left my car the MASS for the scratches on my car to be painted under insurance. They said that since it is based on police complaints, cashless facility will not be made available to me. But they did assure me that the insurance company will cover the cost for the paintjob.

This will be new for me also!!!

nkapoor777 · 25th June 2009, 13:22

Quote:

Originally Posted by amoghchaphalkar

@ R J Vora

Thank you very much for your reply. But is it a fair premium ?

Policybazaar.com is giving me a premium of 13,800 for Bajaj Allianz.

I am a little skeptical buying from policy bazaar since I dont know in person who I am dealing with at the other end.

Please advice

Hi Amogh,

I can't see the option of choosing Punto on Policybazaar.com website. Can you tell me how did you manage to get a qoute for the same?

NK.

nkapoor777 · 28th June 2009, 12:06

Thanks for the tips Amogh. I got a nice cut in the premium from Bajaj Allianz. 12k for a 95% IDV on ex-showroom price of 611,590 in Delhi. Now only if the RTO mess gets sorted out.

rkg · 28th June 2009, 19:22

Hi!

when i bought my indica vista in oct, TATA AIG quote by concorde was 16K +,

where as bajaj guy quoted 10750/- Policy was issued from coimbatore office
no hassles from RTO

coreolis · 3rd July 2009, 22:19

hi

I was offered a cash discount by TATAIAG on my car that has never materialized second days after booking my re insurance i got a quote form another company giving me higher IDV value for much lesser premium. Ihave raised the complaint with TATA AIG no avail,

On the phone the lady said we will book you for full amount and give you the discount by cheque, is there any recourse of I have been taken for a ride :(

Regards

rjvora_2000 · 4th July 2009, 09:43

Quote:

Originally Posted by coreolis

we will book you for full amount and give you the discount by cheque

These are the sales talk which is given by insurance company and nothing else. Please don't you trust them when they talk in this fashion.

Bad customer service from Tata.

coreolis · 8th July 2009, 09:03

hi rjvora2000

I am writing this is witha little smirk on my face after ur post I had given up and taken life with the "hota hai" attitude, guess what tata aig issued me a policy for a lower amount and charged my credit card for a higher amount . I spoke to the cc company and they said please write a written complaint this tantamounts to credit card fraud.
THe games have begun I shall be seeking all your good counsel to make the best of a funny situation... quoting when life gives lemons you make lemon juice orosmething like that.

21st June 2009, 20:39	#301
amoghchaphalkar BHPian Join Date: May 2009 Location: Pune Posts: 636 Thanked: 703 Times	@RJ Vora I have booked the new Fiat Grande Punto 1.3 MJD Emotion Pack Basic Car Price is 613425 - Ex Showroom Pune I have got a quote of 16,000 from Bajaj Allianz @ 95% of the car value. Is this a good deal ? I am tempted to go to United India or New India but I think Bajaj would be better than those two ? What are your comments / suggestions ?
	() Thanks

22nd June 2009, 22:20	#303
amoghchaphalkar BHPian Join Date: May 2009 Location: Pune Posts: 636 Thanked: 703 Times	@ R J Vora Thank you very much for your reply. But is it a fair premium ? Policybazaar.com is giving me a premium of 13,800 for Bajaj Allianz. I am a little skeptical buying from policy bazaar since I dont know in person who I am dealing with at the other end. Please advice
	() Thanks

24th June 2009, 06:36	#306
amoghchaphalkar BHPian Join Date: May 2009 Location: Pune Posts: 636 Thanked: 703 Times	@ R J Vora Thank you very much for your advice sir !! I got the insurance from the company itself : Bajaj Allianz : and the premium was 13,512 :-) Not bad I guess
	() Thanks

28th June 2009, 12:06	#311
nkapoor777 BHPian Join Date: Nov 2006 Location: New Delhi Posts: 608 Thanked: 143 Times	Thanks for the tips Amogh. I got a nice cut in the premium from Bajaj Allianz. 12k for a 95% IDV on ex-showroom price of 611,590 in Delhi. Now only if the RTO mess gets sorted out.
	() Thanks

28th June 2009, 19:22	#312
rkg Senior - BHPian Join Date: Apr 2005 Location: bangalore Posts: 1,044 Thanked: 594 Times	Hi! when i bought my indica vista in oct, TATA AIG quote by concorde was 16K +, where as bajaj guy quoted 10750/- Policy was issued from coimbatore office no hassles from RTO
	() Thanks

3rd July 2009, 22:19	#313
coreolis Newbie Join Date: Feb 2008 Location: Chennai Posts: 15 Thanked: Once	hi I was offered a cash discount by TATAIAG on my car that has never materialized second days after booking my re insurance i got a quote form another company giving me higher IDV value for much lesser premium. Ihave raised the complaint with TATA AIG no avail, On the phone the lady said we will book you for full amount and give you the discount by cheque, is there any recourse of I have been taken for a ride :( Regards
	() Thanks

8th July 2009, 09:03	#315
coreolis Newbie Join Date: Feb 2008 Location: Chennai Posts: 15 Thanked: Once	hi rjvora2000 I am writing this is witha little smirk on my face after ur post I had given up and taken life with the "hota hai" attitude, guess what tata aig issued me a policy for a lower amount and charged my credit card for a higher amount . I spoke to the cc company and they said please write a written complaint this tantamounts to credit card fraud. THe games have begun I shall be seeking all your good counsel to make the best of a funny situation... quoting when life gives lemons you make lemon juice orosmething like that.
	() Thanks