Bharti Axa Car Insurance

NOTORIOUS · 12th December 2009, 15:06

hello friends

How is this company as far as claims etc are concerned. my verna insurance is expiring in jan and i am getting calls from various agents regarding renewal of my policy. but what takes the cake is that maximum IDV which agents are giving me on my year old verna is 674000
and my own dealership is ofering 700700 As IDV from bharti axa with 16k as premium.

So should i go ahead with dealership ???
any other things which i need to ask from these guys ????

Waiting for reply .......

SX4LOVER · 12th December 2009, 15:12

It has a clause where in by paying a couple of thousands extra you get a coverage which takes care of 100% of your expenses in case of a damage/accident/repair. you dont have to pay the 50% on plastics etc.

Lukeskywalker · 12th December 2009, 15:34

Quote:

It has a clause where in by paying a couple of thousands extra you get a coverage which takes care of 100% of your expenses in case of a damage/accident/repair. you dont have to pay the 50% on plastics etc.

Tata AIG looks good on paper, ask Mjothi who has had a pretty bad experience with Tata AIG so far when it comes to claims.

AFAIK, the most economical insurance I've found is Bajaj Allianz, some of us Tbhpians have recently got some good deals on our new cars.

rjvora_2000 · 14th December 2009, 09:42

I always say insurance is very personalized thing, so please avoid from the discussion of which company is better and which is not.

Bharti is still to make there name in this insurance industry if you have some reputed companies quote then please share it with this thread.

Tell your agent to give you quote on your IDV he should be able to give you that.

rjvora_2000 · 14th December 2009, 17:53

What is your last year's car IDV?

NOTORIOUS · 14th December 2009, 22:59

last year's car IDV is 749000

rjvora_2000 · 15th December 2009, 08:33

I think your agent is giving you right value which is just 10% less from the last year's value which is minimum to be depreciated.

rjvora_2000 · 21st December 2009, 09:33

Quote:

Originally Posted by NOTORIOUS

last year's car IDV is 749000

Any update on your insurance, what you did finally?

mjothi · 21st December 2009, 10:57

Quote:

Originally Posted by Lukeskywalker

Tata AIG looks good on paper, ask Mjothi who has had a pretty bad experience with Tata AIG so far when it comes to claims.

True. And same with Bharati AXA too. Atleast, they both are treating customer in same way. With all my interaction with the other BHPians and friends, I have figured out one thing. Its any day good to be with any nationalised / public Insurance company.

As of now, I would say Royal Sundaram, National Insurance and Oriental seems to be good. Again, it all depends on case to case. So, majority is what I mean here.

Note: If you have good contacts with some Insurance firms, then the above statement does not hold good. This is India

EDIT: I recently heard TATA-AIG has some addons or something like that which will cover bumper to bumper. So, all parts are normal depreciation. Not sure if thats true or some more hidden text somewhere.

sdp1975 · 21st December 2009, 11:01

One of my friends had his insurance done from Axa. He had a bumper damage and him claim process was smooth.

rjvora_2000 · 21st December 2009, 11:14

Quote:

Originally Posted by mjothi

True. And same with Bharati AXA too. Atleast, they both are treating customer in same way. With all my interaction with the other BHPians and friends, I have figured out one thing. Its any day good to be with any nationalised / public Insurance company.

As of now, I would say Royal Sundaram, National Insurance and Oriental seems to be good. Again, it all depends on case to case. So, majority is what I mean here.

I agree with you complitly when you say it is a case to case thing. As I recommend NEVER to go with public insurer as they are bad in case of service.

"Baba Adam Ke Jamane Ka Service Hai - Aajbhi."

Quote:

Originally Posted by mjothi

I recently heard TATA-AIG has some addons or something like that which will cover bumper to bumper. So, all parts are normal depreciation. Not sure if thats true or some more hidden text somewhere.

This a true information. Good policy on paper as I have not heard much on claims.

white-rabbit · 19th July 2011, 15:35

I am planning to buy Bharathi Axa 0 % depreciation policy for my beat LT.IDV is 3,55,500/- and premium is 12750/-I had a claim last year(Bumper Change).Is it a good company,in terms of claim?I never had an issue with the previous company(HDFC).

Balaji31582 · 8th November 2012, 13:28

Hi Guys
I have to renew my beat diesel's car insurance. While I bought it, It came with TATA AIG. I have not claimed any insurance so far. I enquired for bumper-bumper or the 0% depreciation insurance in TATA-AIG and got to know that my car is not applicable for 0% depreciation policy now. So I have got a call from Bharati AXA for the same. Could any of you please let me know how much its easy to do a claim in case of Bharati AXA?

Visaster · 16th January 2013, 14:51

For people who did not know this information: (I just got to know)

Even if you have a 0% depreciation policy on your new car the premium request sent to you for the next will have the calculated value without the 0% depreciation added in your policy.

So you specifically have to inform that you need to extend the 0% Depreciation for the next year and pay the higher premium.
Have to do this every single year it seems.

ghodlur · 16th January 2013, 15:08

Quote:

Originally Posted by Visaster

Even if you have a 0% depreciation policy on your new car the premium request sent to you for the next will have the calculated value without the 0% depreciation added in your policy.

Is this not the case only when there is a claim in the policy year that the next year's renewal premium will be without zero dep clause. I was made aware by the SA who for reasons unknown had this habit of discouraging zero dep add ons.
If there is no claim, then the Insurers are more than happy to take that extra cash from you for zero dep during the next renewal.

12th December 2009, 15:06	#1
NOTORIOUS BHPian Join Date: Mar 2007 Location: Delhi Posts: 808 Thanked: 124 Times View My Garage	Bharti Axa Car Insurance hello friends How is this company as far as claims etc are concerned. my verna insurance is expiring in jan and i am getting calls from various agents regarding renewal of my policy. but what takes the cake is that maximum IDV which agents are giving me on my year old verna is 674000 and my own dealership is ofering 700700 As IDV from bharti axa with 16k as premium. So should i go ahead with dealership ??? any other things which i need to ask from these guys ???? Waiting for reply .......
	() Thanks

12th December 2009, 15:12	#2
SX4LOVER BHPian Join Date: Dec 2009 Location: Highway Posts: 304 Thanked: 173 Times	Try TATA AIG It has a clause where in by paying a couple of thousands extra you get a coverage which takes care of 100% of your expenses in case of a damage/accident/repair. you dont have to pay the 50% on plastics etc.
	() Thanks

14th December 2009, 09:42	#4
rjvora_2000 Senior - BHPian Join Date: Mar 2008 Location: Mumbai/Mulund Posts: 1,658 Thanked: 56 Times	I always say insurance is very personalized thing, so please avoid from the discussion of which company is better and which is not. Bharti is still to make there name in this insurance industry if you have some reputed companies quote then please share it with this thread. Tell your agent to give you quote on your IDV he should be able to give you that.
	() Thanks

14th December 2009, 17:53	#5
rjvora_2000 Senior - BHPian Join Date: Mar 2008 Location: Mumbai/Mulund Posts: 1,658 Thanked: 56 Times	What is your last year's car IDV?
	() Thanks

14th December 2009, 22:59	#6
NOTORIOUS BHPian Join Date: Mar 2007 Location: Delhi Posts: 808 Thanked: 124 Times View My Garage	last year's car IDV is 749000
	() Thanks

15th December 2009, 08:33	#7
rjvora_2000 Senior - BHPian Join Date: Mar 2008 Location: Mumbai/Mulund Posts: 1,658 Thanked: 56 Times	I think your agent is giving you right value which is just 10% less from the last year's value which is minimum to be depreciated.
	() Thanks

21st December 2009, 11:01	#10
sdp1975 Senior - BHPian Join Date: Aug 2009 Location: Bangalore Posts: 1,700 Thanked: 1,273 Times View My Garage	One of my friends had his insurance done from Axa. He had a bumper damage and him claim process was smooth.
	(1) Thanks

19th July 2011, 15:35	#12
white-rabbit BHPian Join Date: Jul 2011 Location: Bangalore Posts: 282 Thanked: 35 Times View My Garage	Re: Bharti Axa Car Insurance I am planning to buy Bharathi Axa 0 % depreciation policy for my beat LT.IDV is 3,55,500/- and premium is 12750/-I had a claim last year(Bumper Change).Is it a good company,in terms of claim?I never had an issue with the previous company(HDFC).
	() Thanks

8th November 2012, 13:28	#13
Balaji31582 BHPian Join Date: Nov 2007 Location: chennai Posts: 267 Thanked: 203 Times	Re: Bharti Axa Car Insurance Hi Guys I have to renew my beat diesel's car insurance. While I bought it, It came with TATA AIG. I have not claimed any insurance so far. I enquired for bumper-bumper or the 0% depreciation insurance in TATA-AIG and got to know that my car is not applicable for 0% depreciation policy now. So I have got a call from Bharati AXA for the same. Could any of you please let me know how much its easy to do a claim in case of Bharati AXA?
	() Thanks

16th January 2013, 14:51	#14
Visaster BHPian Join Date: Sep 2009 Location: Chennai Posts: 605 Thanked: 261 Times	Re: Bharti Axa Car Insurance For people who did not know this information: (I just got to know) Even if you have a 0% depreciation policy on your new car the premium request sent to you for the next will have the calculated value without the 0% depreciation added in your policy. So you specifically have to inform that you need to extend the 0% Depreciation for the next year and pay the higher premium. Have to do this every single year it seems.
	() Thanks