Bajaj Allianz and Royal Sundaram are two of the most popular leading car insurance companies. They were in the industry for over a decade and offer multiple products. Their services have been compared because they provide similar offers in terms of cost, coverage, etc. These two companies stand out and have a better reputation.
The best car insurance company is the one that meets your needs and is worth the money you spend. It's important to compare Bajaj Allianz and Royal Sundaram Car Insurance companies to find the one that will work for you.
Bajaj Allianz and Royal Sundaram Car insurance companies make their policies more attractive to consumers by offering different packages and discounts. Before going to buy a car insurance policy from the best car insurance company these factors are necessary.
- The first factor to consider is the coverage. It is important to understand the type of coverage that you are looking for.
- The second factor to consider is your driving history. You should know whether or not you have a clean driving record or if you have any accidents on your record.
- The third factor to consider is your current insurance policy and its expiration date. You should also make sure that you are covered under your current policy before switching policies.
The article highlights the key differences between these two companies and features/their pricing structure to help you choose which one is better for you. Whether it's their service levels or target customers that are better is up to you.
Bajaj Allianz Car Insurance:
Bajaj Allianz Car Insurance is a leading automobile insurance provider in India. It offers affordable insurance plans to its customers and has been offering the same for more than 80 years. Bajaj Allianz Team is here to help you navigate the journey of having your car insurance with a seamless process.
This policy covers the damages caused to the life and property of individuals, other than you, affected by an accident your car, unfortunately, becomes a part of. The other most common form of insurance is Comprehensive Car Insurance. It helps you cover the majority of the liabilities you might attract if your car gets damaged in social unrest, natural calamity, or even gets stolen in a case of theft.
What is Covered?
- Covers Expenses on Own Damages
- Third Party Liabilities
- Personal Accidents
- Additional convenience
- Extended benefits with Add-ons
- Loss due to natural calamities
- Loss due to man-made disasters
What is Not Covered?
- Depreciation
- Influence of Substances
- Car wear & tear and aging
- Damages while driving under the influence of drugs or liquor
- Any consequential loss
- Mechanical or electrical breakdown
- Damages while driving without a valid license
- Loss/damage due to war, mutiny, or nuclear risk.
| Types of Policies |
- Third Party Car Insurance
- Comprehensive Car Insurance
- Standalone Own Damage Car Insurance
|
| Add-on/Riders |
- Zero Depreciation
- Engine Protector
- Consumable expenses
- 24x7 Spot Assistance
- Key and Lock Replacement
- Personal Baggage
- Conveyance Benefit
|
| Value-Added Services |
- Online Policy Buying/Renewal,
- Voluntary Excess Discount,
- 24x7 Assistance
|
*Know about Bajaj Allianz Car Insurance benefits and coverages in this Article*
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Royal Sundaram Car Insurance:
In the last few years, Royal Sundaram Car Insurance has been one of the most popular car insurance providers in India. Royal Sundaram Car Insurance is a leading company in the field of car insurance. Royal Sundaram Car Insurance is a leading car insurance company in India with a nationwide presence and over 100 years of experience in providing quality services.
Royal Sundaram Car Insurance is the market leader in motor insurance. The company offers tailor-made policies designed specifically for individual needs, as well as group plans that can be customized according to the needs of your business or organization.
What is Covered?
- Damages sustained by the insured car due to fire, ignition, or explosion
- Accidental damage caused due to external force or act
- Natural calamities like storms, floods, typhoons, etc.
- Burglary, theft, housebreaking, etc.
- Act of Terrorism, and malicious acts.
- Any legal liability arising out of damages caused to third-party property, vehicle or injury, or death claim in case of life
- Personal accident cover.
What is Not Covered?
- Any wear-and-tear of the car due to aging
- Any mechanical and electrical breakdown
- Private cars used for remuneration purpose is not covered
- Driving without a valid driving license
- Loss or damage caused while driving under the influence of alcohol or any other intoxicating substance
- Loss or damage due to depreciation of the car's value
- Loss or damage due to war or nuclear risks
- Consequential loss - if the original damage causes subsequent damage/loss, only the original damage will be covered under our motor car insurance.
- Compulsory deductibles - a fixed amount that gets deducted at the time of the claim.
| Type of plans |
- Comprehensive Car Insurance
- Third Party Car Insurance
- Personal Accident Cover
|
| Add-on/Rider Options |
- Windshield Glass Cover
- Voluntary deductible cover
- Vehicle replacement value plus
- Depreciation Waiver Cover
- Loss of baggage cover
- Spare car clause
- NCB protector
- Key Replacement Cover
- Tyre Cover
- Lifetime Road Tax Clause
- Aggravation (Damage) Cover Clause
- Enhanced Personal Accident Cover
|
| Value-Added Services |
- 24x7 emergency assistance and priority cashless service from Trusted repair shops.
- Multiple, hassle-free claims in less than 5 days
- Car inspection process in just 20 minutes by M-INSPECT App.
- M-CHATRA App for all Policy details, Claim Processes, and other requests.
|
*Know about Royal Sundaram Car Insurance benefits and coverages in this Article*
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Comparison of Bajaj Allianz Car Insurance vs Royal Sundaram Car Insurance:
Both Bajaj Allianz vs Royal Sundaram Car Insurance Companies offers a wide range of cover options with a low premium, has a dedicated customer service team that helps customers get the best deal possible, and offer an easy claim process. We explained in detail the difference between Bajaj Allianz insurance company and Royal Sundaram Car Insurance. The comparison will be done based on various factors such as claims, customer service, policy cost, and more.
| Distinguish |
Bajaj Allianz Car Insurance |
Royal Sundaram Car Insurance |
| Claim Settlement Ratio |
68.06% |
87.89% |
| Cashless Network Garages |
6000+ |
4600+ |
| Solvency Ratio |
3.45 |
1.87 |
| Accessibility |
Online through
PolicyBachat & Bajaj Allianz Website. |
Online through
PolicyBachat & Royal Sundaram Website. |
| Benefits |
- Zero depreciation cover available
- Get your car insurance within 3 minutes
- Cashless claim facility
- Claim process done within 20 minutes
- Policyholders are eligible for 75% on account payment in case the cashless facility is unavailable.
- Dedicated telephonic service is available 24×7 on holidays as well to provide support during claims settlement and for any other issues
- In case a car gets damaged due to an accident, the towing facility is available
- Policyholders can avail themselves of high standard service and get their cars inspected at selected workshops.
|
- Minimal Documentation
- Protection from inflation (No need to pay an extra amount even increase in Third Party premium)
- Quick claim settlement
- Vehicle replacement value plus
- Quick Claim Settlement Process within 10 working days.
|
| Features |
- Voluntary excess discount
- Anti-theft device installation discount
- Online policy buying/Renewal, voluntary Excess discount
- 24x7 Assistance
- Policyholders are entitled to shift as much as 50% of their existing No Claim Bonus from their previous car insurance providers
- The company is known for settling its claim in a record time.
- There are numerous policies offered by this company for every consumer.
|
- No Claim Bonus (NCB) cover is Up to 50%
- Personal accident cover for all passengers and paid driver up to Rs. 50 lakh
- Legal Liability for paid driver
- Legal liability for passengers
- Comprehensive cover for electrical/electronic/non-electrical fittings
- Cover for CNG kit and Bi-fuel system.
|
| Highlights |
- Online policy issuance and renewal
- 24x7 spot assistance available
- Self-vehicle survey and instant claim settlement with Motor-on-the-spot.
|
- 24x7 emergency assistance and trusted cashless repair garages
- Quick and hassle-free within 5 days of issuance.
- M-INSPECT App a digital car inspection process in the comfort of your home in just 20 minutes.
- M-CHATRA App here you have access to policy details, claim processes, and other queries.
|
Comparing car insurance quotes from distinct carriers becomes easy to know. PolicyBachat made your work easy by showing a comparison between two carriers. Comparison of insurance online leads to cost efficiency due to low operating costs to maintain online.
PolicyBachat helps to calculate the pros and cons of the policy and buy the desired policy. We give you the distinction between the carrier backgrounds, claim settlement ratio, and network garages to configure the right insurance policy. This article will also help you understand the different factors that can affect your decision on which company to choose for your car insurance.
*The premiums are displayed according to your details, compare the quotes and buy the policy according to your needs and budget.*
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Conclusion:
In this article, we discussed how Bajaj Allianz vs Royal Sundaram car insurance plans are different. You'll learn the pros and cons of each plan, as well as the different impacts they can have on your monthly car insurance payment.
To handle the financial consequences caused by unfortunate circumstances, it's best to get insurance. Compare Bajaj Allianz vs Royal Sundaram for a comprehensive overview of coverage per feature to find the right policy for you.
Select the car insurance company which has all the features and benefits that you are looking for. To make a better decision, you should make sure to know all the required information above and go for the one which gives the best coverages at good prices.