Everything That You Need to Know About Bharti AXA Car Insurance
Bharti AXA is a life insurance company that began its operations in 2006 as a joint venture between Bharti Enterprises and AXA Group. They offer a variety of insurance policies including auto insurance, health insurance etc. In India, you are required by law to have an insurance for your car. The Bharti AXA car insurance has a host of benefits and they are also known for their excellent customer support.
Plan Offerings, Premium, and Car Insurance Coverage
When you purchase a Bharti AXA car insurance in India, you gain access to the following features:
- 24/7 customer support
- 2500+ cashless garages in the country
- Tips to save insurance premium
- 79 branches spread across India
Bharti AXA offers two types of car insurances. These are:
1) Third Party Insurance
In this type of insurance, Bharti AXA will compensate the third party involved in the accident for any damage caused to vehicle parts and all physical injuries. The third party involved in the accident will get a compensation of up to INR 7.5 lakh for property damages. In case of injuries or death, the compensation will be determined by the tribunal court. The premium for any third party car insurance is determined by the IRDAI (Insurance Regulatory & Development Authority of India). The insurance premium for different categories of cars based on their engine capacities as per April 1st, 2017 are:
- a) Less than 1000 cc – Rs. 2,055
- b) Above 1000 cc and less than 1,500 cc – Rs. 3,132
- c) More than 1,500 cc – Rs. 8,630
2) Comprehensive Insurance
In this type of insurance, all the terms and conditions of a third party insurance are covered and Bharti AXA will compensate you for any physical injuries and damage caused to your car as well. Under this plan, you will also get financial protection against burglary, accidents and natural disasters. The insurance premium for different categories of cars is determined based on the car’s IDV (Insured Declared Value), engine capacity, year of registration, and other factors. The insurance premium varies from one car to another. The comprehensive insurance covers the damages caused by the following incidents:
a) Natural Disasters
Damage to the car caused by natural disasters such as earthquakes, cyclones, floods etc.
b) Manmade Disasters
Damage to the car caused by riot, strike, terrorism, fire, theft etc.
c) Road Accidents
Damage to the car caused by a road accident regardless of which driver was at fault.
d) Third-Party Liability
Compensation to the third party involved in the accident for physical injuries and damage caused to their vehicle.
e) Personal Accident Cover for the owner
The owner/driver of the car is compensated in case of physical injuries suffered in a car accident.
Bharti AXA car insurance in 2018 also offers a variety of add-ons such as:
- Roadside Assistance
- Invoice Price cover
- Medical Expenses
- Consumables cover
- Key Replacement
- Ambulance Charges
- Hospital Cash
- Engine and Gearbox cover
- Co-Passenger cover
- Zero Depreciation cover
- Hydrostatic lock cover
- No Claim Bonus Protector
These add-on covers are optional and you can select the one that fits your requirement. The insurance premium will increase based on the add-ons selected.
Easy Renewals, Great Customer Service
If you have insured your car with another insurance company and wish to switch to Bharti AXA or if your insurance has expired and you wish to renew it, you can do so with ease on the Bharti AXA website or an insurance policy comparison website such as Coverfox.com
Customer service is of paramount importance for Bharti AXA and they leave no stone unturned to ensure that you get the best possible service. They offer the following benefits:
- In case of an accident, round the clock claim assistance is available.
- They also have collaborations with over 3000 cashless garages in India where you can have cashless transactions and get your car repaired with ease.
- There are multiple ways to save on insurance premium each year. Bharti AXA lists these methods to ensure that you get the maximum benefit: No claim bonus, AAI (Automobile Association of India) membership, installation of security devices and getting the right IDV (Insured Declared Value)
A Necessary Assistance
In case of an adversity, we require the best service possible to solve the situation amicably. Bharti AXA Car Insurance has the required terms, conditions, and services necessary to provide the required financial protection in case of a crisis. Renew your car insurance at Coverfox.com