Which Insurance Company?

F50 · 7th June 2005, 00:24

This was the poll which struck my mind after so many polls coming up on Team Bhp. Since, this is the field im going to enter in a short while (unoffcially already started), why not find out which insurance company is popular among bhpians.

Also would like to know :
1. Whether its a Comprehensive or Third Party Insurance
2. Any previous incidents while getting your claim / service given by company
3. Any suggestions
4. If any other company please specify.

P.S. Any information regarding Insurance feel free to contact.

RJK · 7th June 2005, 00:28

TATA-AIG for me. Extremely helpful in settling claims & within short period of time. I love the direct settlement policy on that the most although most of the companies offer it now. I had experience with New india & boy are they slow ! My cheque came after about 3 months..pathetic!

Dippy · 7th June 2005, 00:32

I'm with IFFCO TOKIO comprehensive . Pretty quick in sending the claim cheque too

Dippy

Montoya · 7th June 2005, 00:41

I guess best is the car comapnys so that you dont have to be the middle man

revtech · 7th June 2005, 01:52

the new india insurance !! as far as i know my dad deals with them.and has not had any complains so far.

rev

X-Machine · 7th June 2005, 01:58

Im on United insurance.No experience with them as yet,since its just been 6mths i changed my company.It was New India for all my cars previously.And they !suck! bigtime.Infact i still have a claim pending since 2 years.Not yet sorted.

X

sridhar24 · 7th June 2005, 10:31

Iam with National Insurance, no problems with it so far.

tsk1979 · 7th June 2005, 10:45

Tata-AIG. Have banged taken 4 claims in 3 years. Nothing higher than 30K, and all the time they lived up to the cashless promise. Never once i had to haggle with them on what counts and what does not. Whatever damage i told them, they took it at face value. No bargaining.

iceman91 · 7th June 2005, 10:53

tata aig...amazing service and backup

Rtech · 7th June 2005, 10:56

New India Assurance for me. Yes, they are slow in paying out, and they are behind the times as in they don't have the cashless scheme, BUT, my agent gives me excellent service, going out of her way to get things done for me, and at times, even bending the rules for me!

I had the unfortunate experienc of dealing with ICICI and they are TERRIBLE! All their claims about great customer service etc. are rubbish. They would not provide rally cover insurance for my car, nor would they give me a reason why. I can't be more pissed at a company than I am at ICICI.

hrag · 7th June 2005, 11:08

My Omni was insured with Oriental. No claims there so I can't comment. They were pretty prompt in sending premuim reminders etc.
My KB125 is insured with Oriental (different branch) for the 9th year running. They don't even send me reminders :-(
My Indica LSi is insured with TATA AIG for the 3rd year running. Had an accident claim in the 1st year. Very efficient. I had a police certificate saying the accident wasn't my fault. Not sure if that speeded things up but the total survey and finalisation of repairs took 30 minutes. They live up to their cashless claim!

hrag

Sid Schumacher · 7th June 2005, 11:33

My cars are insured in Tata AIG...good company that is, their servicing and customer care is top notch.

Abhay · 7th June 2005, 11:44

I have Tata-AIG for the car and Bajaj-Allianz for the bike...not had any dealing yet but seems like they are good (from posts here)

vahss_11 · 7th June 2005, 11:51

i am having reliance insurance for my car(indica) as well as for my bike (karizma), they are fast,,,,dealers dont ask much money because they know how will relaince guys will cut down the cost of bill,,,,,,,,,,,,,,,,

manaa45 · 7th June 2005, 11:52

my both the cars insured with United India.

one of the branch managers is a close family friend so no problems settling the claims fast. in fact he delivers the cheque to us personally. even the claim form and the estimate can be handed over to the surveyor at the time of the survey so no time wasted in submission of the claim forms etc.

my hubby's pulsar insured with new india and the service is pathetic. the claim of accident in January still pending.

other private insurance companies are giving a run for their money to thses national companies which might end up in the consumer benefitting the best.

shubbhi

View Poll Results: Which company among these?
The New India Assurance	19	13.01%
United India	5	3.42%
Oriental Insurance	5	3.42%
National Insurance	13	8.90%
HDFC Chubb	4	2.74%
ICICI Lombard	12	8.22%
Tata AIG	32	21.92%
Bajaj ALLIANZ	38	26.03%
Iffco Tokio	5	3.42%
Royal Sundaram	7	4.79%
Reliance	6	4.11%
Voters: 146. You may not vote on this poll

7th June 2005, 00:24	#1
F50 Senior - BHPian Join Date: Mar 2004 Location: Mumbai/USA Posts: 1,707 Thanked: 103 Times	Which Insurance Company? This was the poll which struck my mind after so many polls coming up on Team Bhp. Since, this is the field im going to enter in a short while (unoffcially already started), why not find out which insurance company is popular among bhpians. Also would like to know : 1. Whether its a Comprehensive or Third Party Insurance 2. Any previous incidents while getting your claim / service given by company 3. Any suggestions 4. If any other company please specify. P.S. Any information regarding Insurance feel free to contact.
	() Thanks

7th June 2005, 00:28	#2
RJK Senior - BHPian Join Date: Feb 2004 Location: Bombay Posts: 1,140 Thanked: 701 Times	TATA-AIG for me. Extremely helpful in settling claims & within short period of time. I love the direct settlement policy on that the most although most of the companies offer it now. I had experience with New india & boy are they slow ! My cheque came after about 3 months..pathetic!
	() Thanks

7th June 2005, 00:32	#3
Dippy Senior - BHPian Join Date: Feb 2004 Location: Mumbai, India Posts: 7,561 Thanked: 2,469 Times	I'm with IFFCO TOKIO comprehensive . Pretty quick in sending the claim cheque too Dippy
	() Thanks

7th June 2005, 00:41	#4
Montoya BANNED Join Date: Apr 2005 Location: Best City In India Mumbai Posts: 665 Thanked: 0 Times	I guess best is the car comapnys so that you dont have to be the middle man
	() Thanks

7th June 2005, 01:52	#5
revtech Senior - BHPian Join Date: Nov 2004 Location: Bombay Posts: 1,992 Thanked: 38 Times View My Garage	the new india insurance !! as far as i know my dad deals with them.and has not had any complains so far. rev
	() Thanks

7th June 2005, 01:58	#6
X-Machine Senior - BHPian Join Date: Jul 2004 Location: Mumbai/Tokyo Posts: 1,475 Thanked: 29 Times	Im on United insurance.No experience with them as yet,since its just been 6mths i changed my company.It was New India for all my cars previously.And they !suck! bigtime.Infact i still have a claim pending since 2 years.Not yet sorted. X
	() Thanks

7th June 2005, 10:31	#7
sridhar24 Senior - BHPian Join Date: Apr 2004 Location: Bengaluru Posts: 1,046 Thanked: 88 Times	Iam with National Insurance, no problems with it so far.
	() Thanks

7th June 2005, 10:45	#8
tsk1979 Team-BHP Support Join Date: Feb 2005 Location: San Jose, CA Posts: 23,717 Thanked: 22,825 Times View My Garage	Tata-AIG. Have banged taken 4 claims in 3 years. Nothing higher than 30K, and all the time they lived up to the cashless promise. Never once i had to haggle with them on what counts and what does not. Whatever damage i told them, they took it at face value. No bargaining.
	() Thanks

7th June 2005, 10:53	#9
iceman91 Senior - BHPian Join Date: Nov 2004 Location: melbourne/banga Posts: 1,961 Thanked: 34 Times View My Garage	tata aig...amazing service and backup
	() Thanks

7th June 2005, 10:56	#10
Rtech Team-BHP Support Join Date: Apr 2004 Location: Bombay Posts: 5,770 Thanked: 359 Times View My Garage	New India Assurance for me. Yes, they are slow in paying out, and they are behind the times as in they don't have the cashless scheme, BUT, my agent gives me excellent service, going out of her way to get things done for me, and at times, even bending the rules for me! I had the unfortunate experienc of dealing with ICICI and they are TERRIBLE! All their claims about great customer service etc. are rubbish. They would not provide rally cover insurance for my car, nor would they give me a reason why. I can't be more pissed at a company than I am at ICICI.
	() Thanks

7th June 2005, 11:08	#11
hrag BANNED Join Date: Nov 2004 Location: Bangalore / Madras Posts: 1,982 Thanked: 31 Times	My Omni was insured with Oriental. No claims there so I can't comment. They were pretty prompt in sending premuim reminders etc. My KB125 is insured with Oriental (different branch) for the 9th year running. They don't even send me reminders :-( My Indica LSi is insured with TATA AIG for the 3rd year running. Had an accident claim in the 1st year. Very efficient. I had a police certificate saying the accident wasn't my fault. Not sure if that speeded things up but the total survey and finalisation of repairs took 30 minutes. They live up to their cashless claim! hrag
	() Thanks

7th June 2005, 11:33	#12
Sid Schumacher BHPian Join Date: Sep 2004 Location: Bangalore Posts: 262 Thanked: 3 Times	My cars are insured in Tata AIG...good company that is, their servicing and customer care is top notch.
	() Thanks

7th June 2005, 11:44	#13
Abhay BHPian Join Date: Apr 2005 Location: Pune Posts: 727 Thanked: 11 Times	I have Tata-AIG for the car and Bajaj-Allianz for the bike...not had any dealing yet but seems like they are good (from posts here)
	() Thanks

7th June 2005, 11:51	#14
vahss_11 BHPian Join Date: Aug 2004 Location: Thane(Mumbai) Posts: 118 Thanked: 8 Times	i am having reliance insurance for my car(indica) as well as for my bike (karizma), they are fast,,,,dealers dont ask much money because they know how will relaince guys will cut down the cost of bill,,,,,,,,,,,,,,,,
	() Thanks

7th June 2005, 11:52	#15
manaa45 BHPian Join Date: Dec 2004 Location: nerul, navi mum Posts: 357 Thanked: 49 Times	my both the cars insured with United India. one of the branch managers is a close family friend so no problems settling the claims fast. in fact he delivers the cheque to us personally. even the claim form and the estimate can be handed over to the surveyor at the time of the survey so no time wasted in submission of the claim forms etc. my hubby's pulsar insured with new india and the service is pathetic. the claim of accident in January still pending. other private insurance companies are giving a run for their money to thses national companies which might end up in the consumer benefitting the best. shubbhi
	() Thanks