Digit Insurance is a new age, technology-driven insurance company in India. It offers a range of insurance products, including car insurance, with a focus on simplified processes and customer-centricity. Digit aims to provide affordable and comprehensive coverage options to customers through its online platform. The company is known for its innovative offerings, such as usage-based insurance and hassle-free claim settlement.
Bajaj Allianz General Insurance is a prominent insurance provider in India with a strong presence and a wide range of insurance products. It has established itself as a trusted brand in the insurance industry, offering various types of insurance, including car insurance. Bajaj Allianz is known for its extensive network of branches, robust customer support, and efficient claim settlement process. The company emphasizes providing comprehensive coverage and value-added services to its policyholders.
Both Digit Insurance and Bajaj Allianz General Insurance are well-known insurers in India, catering to the diverse needs of customers. While Digit brings a fresh approach with its tech-driven solutions, Bajaj Allianz has a long-standing reputation and a strong presence in the insurance market. The choice between the two insurers ultimately depends on individual preferences, coverage requirements, and specific factors that are important to the policyholder.
| Differences |
Digit Car Insurance |
Bajaj Allianz Car Insurance |
| Cashless Network Garages |
5800+ |
6000+ |
| Claim Settlement Ratio |
74.91 |
65.83 |
| Solvency Ratio |
2.01 |
3.45 |
| Claims settled |
90.4% |
192077 |
| Branches |
100+ |
1100+ |
*The premiums are displayed according to your details, compare the quotes, and buy the policy according to your needs, and budget.*
Check Premium
We explained in detail the difference between Digit Car Insurance and Bajaj Allianz Car Insurance. The comparison will be done based on various factors such as claims, customer service, policy cost, and more. However, some key differences make them stand out from each other. This article will help you decide which insurance company to go with, explains the pros and cons of both policies and how they compare with each other.
Digit Car Insurance:
Digit car insurance is a type of car insurance policy offered by Digit General Insurance, a private general insurance company in India. The company is known for its innovative and customer-centric approach to insurance, which includes the use of technology to simplify the insurance process and make it more accessible to consumers.
Digit car insurance offers a range of coverage options to protect car owners from financial losses in case of accidents, theft, or damage to their vehicles. The company offers comprehensive and third-party insurance policies and add-on covers that can be customized to meet the specific needs of individual customers.
| What is Covered? |
- Own Damage Section:
- Damage due to Fire, Explosion, Self Ignition, or Lightning.
- Burglary or Housebreaking or Theft.
- Damage due to Riot and Strike.
- Malicious damage
- Earthquake including Fire & Shock
- Damage due to Natural peril of Act of God such as Flood, Storm, Hurricane etc.
- Damage due to accidental external means
- Damage due to Terrorist activity.
- Damage caused to the car while in Transit by Rail, Road, and Inland waterway, Lift, Elevator or Air.
- Damage due to Landslide / Rockslide.
- Third Party Section:
- Legal liability arising out of bodily injury/death of third parties involved in an accident with the insured car.
- Property damage of third parties caused due to an accident involving the insured four wheeler car.
- Personal Accident Cover:
- Personal accident cover compensates in the event of death or disability of the owner/driver due to an unfortunate incident while traveling on the insured four wheeler car. The compensation under the personal accident cover of Digit car insurance policy would not exceed Rs.15 L.
|
| Types of Policies |
- Third Party Car Insurance
- Comprehensive Car Insurance
- Standalone Own Damage Car Insurance
- Comprehensive Car Insurance with Add-ons
|
| Add-on/Riders |
- Zero Depreciation
- Return to invoice
- Tyre Protect Cover
- Breakdown Assistance
- Consumable Cover
- Engine and Gear-box protection
- Daily conveyance benefit
- Key and lock protect
- Loss to personal belongings
- Pay as you drive cover
|
*Know about Digit Car Insurance benefits and coverages in this Article*
Know More
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
- Personal accident cover.
|
| 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
|
*Know about Bajaj Allianz Car Insurance benefits and coverages in this Article*
Know More
Evaluation of the Claim Settlement Process for Digit and Bajaj Allianz:
1.Digit Insurance:
- Digit Insurance has a streamlined and efficient claim settlement process.
- The company emphasizes quick and hassle-free claim settlements, aiming to provide a smooth experience for policyholders.
- Digit utilizes technology to simplify the claim process, allowing customers to file claims online and track their progress.
- The company has a dedicated claims team that assesses the claims promptly and strives for a fair and transparent settlement.
2. Bajaj Allianz General Insurance:
- Bajaj Allianz has a well-established claim settlement process known for its reliability and efficiency.
- The company offers multiple channels for claim filing, including online platforms, branches, and customer helplines.
- Bajaj Allianz has a robust network of surveyors and in-house claim settlement experts who ensure timely and fair claim assessments.
- The company has implemented digital initiatives to enhance the efficiency of the claim settlement process.
Assessment of Ease and Efficiency in Filing Claims:
1.Digit Insurance:
- Digit provides a user-friendly online platform for filing claims, making the process convenient and accessible.
- Policyholders can submit their claims digitally, upload the required documents, and track the progress online.
- The company's focus on technology and automation simplifies the claim filing experience, reducing paperwork and manual intervention.
2. Bajaj Allianz General Insurance:
- Bajaj Allianz offers multiple channels for claim filing, allowing policyholders to choose the most convenient option.
- The company provides online claim filing facilities, as well as the option to file claims through branches or customer helplines.
- Bajaj Allianz aims to make the claim filing process as easy as possible, providing guidance and assistance to policyholders throughout the process.
Overall, both Digit Insurance and Bajaj Allianz have established efficient claim settlement processes, with a focus on ease of filing and prompt resolutions. While Digit Insurance leverages technology to streamline the process, Bajaj Allianz combines digital initiatives with multiple claim filing channels. Customer reviews generally indicate satisfaction with the claim settlement experiences provided by both insurers, highlighting their commitment to fair assessments and timely settlements.
Comparison of Benefits, Features, and Highlights between Digit vs Bajaj Allianz Car Insurance
Two of India's most popular car insurance companies are Digit and Bajaj Allianz. Both companies have been in business for decades and provide a reputation for trustworthiness & reliability. Digit and Bajaj Allianz are both great choices when choosing an insurance plan. Both companies offer a wide variety of benefits to their customers, and differ in several ways as well! Let us look at the differences between these two plans, and see which one is better suited for your needs.
| Distinguish |
Digit Car Insurance |
Bajaj Allianz Car Insurance |
| Benefits |
- Availability of personal accident coverage of up to Rs. 15 lakh.
- Availment of 24x7 responsive customer support (even on National holidays).
- Customization of the Insured Declared Value as per choice is also available.
- Availability of over 1,000 network garages to facilitate cashless claim settlements.
- Modernized smartphone-enabled self-inspection process for quick processing of claim intimation.
- Doorstep pick-up, drop along with a repair warranty of 6 months if you opt for Digit associated workshops.
- Super-fast claim settlement process. Digit has settled about 96% of all the claims filed with it for private vehicles.
|
- Zero depreciation cover is 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.
|
| Features |
- Doorstep pickup, repair, and drop with 6 months repair warranty
- Smartphone enabled self-inspection
- Breakdown Assistance cover is provided to four wheeler cars and commercial vehicles
- Instant policy issuance in the case of four wheeler cars. A policy copy would be available immediately after the payment of the premium.
|
- 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.
|
| Highlights |
- Cheaper Premiums
- Faster Claim Settlement
- More number of add-ons
- Top-rated company
- Efficient Customer Support
|
- Online policy issuance and renewal
- 24x7 spot assistance available
- Self-vehicle survey and instant claim settlement with Motor-on-the-spot.
|
| Accessibility |
Online through PolicyBachat & Digit Website. |
Online through PolicyBachat & Bajaj Allianz Website. |
| Premium |
Starts up to Rs.2094 |
Up to 75% |
PolicyBachat insurance market is huge and offers a wide range of car insurance plans at economical rates. At present, several insurance companies provide reliable car insurance plans. The insurers offer unique features and personalized facilities to cater to different sorts of customer needs.
Premium Rates of Digit and Bajaj Allianz Car Insurance
Here is a comparison of premium rates for car insurance from Digit and Bajaj Allianz in a table format:
| Insurance Provider |
Coverage Type |
Premium Rates (Annual) |
| Digit Insurance |
Comprehensive |
Rs.10,839 |
| Third-Party |
Rs.8,729 |
| Third-Party, Fire and Theft |
Rs.11,638 |
| Bajaj Allianz |
Comprehensive |
Rs. 11,839 |
| Third-Party |
Rs.9,739 |
| Third-Party, Fire and Theft |
Rs.10,949 |
Please note that the premium rates mentioned in the table are for illustrative purposes only and may vary depending on factors such as the car's make and model, location, driver's age, claim history, and additional coverage options. It is recommended to request a personalized quote from both insurers to obtain accurate premium rates based on your specific requirements.
How to Buy the Best Car Insurance Policy?
Compare car insurance policy rates online in India with PolicyBachat and select the one that meets most of your financial expectations. You can easily get multiple car insurance quotes online from the best car insurance companies in India.
- Fill required details at the top of this page, and select your car model, RTO Location, registration date, and email address.
- Click on the START SAVING MONEY
- Premiums with different insurance companies are displayed with low premiums
- Select required add-ons/riders and discounts, or
- Even you can edit policy details
- After that fill in the vehicle owner details and owner details
- Purchase the best car insurance policy using online payment
- If any queries are raised call: 1800-123-4003.
Conclusion:
When it comes to selecting the right car insurance provider in India, both Digit and Bajaj Allianz offer their unique advantages. Digit Insurance stands out for its customer-centric approach, innovative offerings, and hassle-free claim settlement process. It appeals to tech-savvy individuals who appreciate a seamless online experience and value-added services like usage-based insurance. On the other hand, Bajaj Allianz General Insurance brings a long-standing reputation, extensive network, and robust customer support to the table. It appeals to those who prioritize reliability, a wide range of coverage options, and a well-established presence in the insurance market.
To make an informed choice between Digit and Bajaj Allianz, consider factors such as coverage requirements, premium rates, claim settlement process, customer support, and overall reputation. Assess your personal needs and preferences, along with the specific features and benefits offered by each insurer. Reading customer reviews and seeking recommendations can also provide valuable insights. Ultimately, the best car insurance provider for you will depend on a combination of these factors, so take the time to carefully evaluate and compare the offerings of Digit and Bajaj Allianz before making your decision.