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Demystify Motor Insurance Google+ Hangout – Queries and Answers (III)

23

Jun, 2014

Demystify Motor Insurance Google+ Hangout – Queries and Answers (III)

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Our Google+ Hangout on Demystify motor insurance aimed to clear every doubt that viewers had about motor insurance, regardless of the company offering it. However, due to time constraints, not every query could be answered live. That’s why we decided to compile a list of every query that was submitted to us during and before the Hangout, along with the answer to each. This is part 3 of the list. Part 1 can be found here. And part 2 is here. Q. If there is an accident between two cars […]

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Demystify Motor Insurance Google+ Hangout – Queries and Answers (II)

21

Jun, 2014

Demystify Motor Insurance Google+ Hangout – Queries and Answers (II)

By: | Tags: , , , , , , , , , , , , , , , , | Comments: 0

Our Google+ Hangout on Demystify motor insurance aimed to clear every doubt that viewers had about motor insurance, regardless of the company offering it. However, due to time constraints, not every query could be answered live. That’s why we decided to compile a list of every query that was submitted to us during and before the Hangout, along with the answer to each. This is part 2 of the list. Part I can be found here Q. What are my rights regarding No Claim Bonus? How can I continue my […]

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Demystify Motor Insurance Google+ Hangout – Queries and Answers (I)

20

Jun, 2014

Demystify Motor Insurance Google+ Hangout – Queries and Answers (I)

By: | Tags: , , , , , , , , , , , , , , , , , , , , , | Comments: 0

Our Google+ Hangout on Demystify motor insurance aimed to clear every doubt that viewers had about motor insurance, regardless of the company offering it. However, due to time constraints, not every query could be answered live. That’s why we decided to compile a list of every query that was submitted to us during and before the Hangout, along with the answer to each. Q.  Why does the insured value differ from one service provider to another for motor vehicle insurance? Is there a standard rule/method to calculate the amount to […]

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What are the steps involved in registering a motor (car and two-wheeler) claim?

13

Nov, 2010

What are the steps involved in registering a motor (car and two-wheeler) claim?

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To register an insurance claim with us, you need to follow a simple and easy process. Follow the steps listed below: Step1: Park the vehicle safely Step 2: Intimate Bajaj Allianz Step 3: Shift the vehicle to a repair shop Step 4: Hand over documents to surveyor / garage Step 5: Reimbursement and claim settlement To locate the closest Bajaj Allianz Preferred Garage, visit Garage Locator   Toll Free: 1800-22-5858 | 1800-102-5858 | 020-30305858 Step 1: Park the vehicle safely Shift the vehicle safely to the side of the road to […]

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What is IDV in Motor Insurance?

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IDV in two-wheeler and car insurance policies mean Insured’s Declared Value. It is the current market value of your vehicle that is fixed by the insurer and provided in case of theft or total loss of vehicle. IDV is calculated by adjusting the current manufacturer’s Listed Selling Price (*see below) of the vehicle with depreciation percentage listed in the table below:   VEHICLE % OF DEPRECIATION Not exceeding 6 months 5% Exceeding 6 months but not exceeding 1 year 15% Exceeding 1 year but not exceeding 2 years 20% Exceeding 2 […]

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