Buy Car Insurance Policy Online in Mumbai

Car Insurance in Mumbai Overview

Mumbai is a bustling metropolis on the western coast of India that never fails to captivate residents and visitors alike. This cosmopolitan city is known for its skyscrapers, diverse cultures, and busy street markets. With a busy city tag, the vehicular population is growing at a faster pace, making it important to safeguard your car against unforeseen circumstances. This is where you must insure your car with an ideal plan. Read on as we explore all about car insurance in Mumbai and the benefits of Shriram car insurance.

Car Insurance Plans in Mumbai

It is crucial to have the right car insurance plan if you own a vehicle in Mumbai. Listed below are the different types of car insurance plans in Mumbai.

Comprehensive Car Insurance Policy

A comprehensive car insurance policy provides coverage against damage to your car and third-party liabilities. An important feature of this policy is that it covers accidental damage, theft, damage to your car caused by natural and manmade disasters. You can also include add-ons to increase the coverage.

Third-party Car Insurance Policy

A third-party car insurance policy provides protection to the insured against any damage that may be caused to another person's vehicle or property. It also covers third-party bodily injuries and loss of life.

Own Damage (OD) Cover

The OD cover protects your car against damage incurred by mishaps such as accidents, man-made disasters, theft, and other events. Please note that it does not cover third-party liabilities.

Benefits of Car Insurance in Mumbai

Listed below are some of the insurance benefits of car insurance in Mumbai.

Car damage protection

A comprehensive car insurance policy covers damage to your vehicle caused by accidents, natural disasters, such as flooding, earthquakes, and cyclones. Additionally, it covers human-caused disasters, such as riots, strikes, and vandalism. Third-party liability is also covered by the comprehensive insurance.

Third-party liability coverage

All vehicles are required to be insured with the third-party liability insurance as per The Motor Vehicles Act, 1988. The third-party liability policy covers injuries or property damage caused to a third party caused by your insured car.

Paperless process

Shriram General Insurance is now available on a digital platform. You can easily buy/renew car insurance online or raise claims.

Suitable add-ons

Policies offered by Shriram come with add-ons that may enhance coverage to meet your specific needs. Some of these features may include roadside assistance, zero depreciation, and motor protection. These benefits ensure that your vehicle is protected comprehensively and add value to the policy.

How to Buy Car Insurance in Mumbai
How to Renew Car Insurance in Mumbai

Purchasing your Shriram car insurance by mobile or web app is hassle-free. The following steps will assist you to buy car insurance online.

Visit our website or download the MySGI on your mobile device.

Provide details about your vehicle.

Select a car insurance plan and add-ons (if necessary).

Insure your vehicle instantly by paying your premium online.

Get hassle-free car insurance renewal in Mumbai. Is it time to renew your car insurance? You can renew your four-wheeler insurance instantly by following these steps:

Visit our website or download the MySGI app.

You must enter the details of your vehicle.

Select the insurance plan and the appropriate add-ons (optional).

You will receive your policy document instantly after paying your car insurance premium online.

Types of Car Insurance Add-ons

The add-on covers for your car insurance play a critical role in providing a wider level of coverage to your vehicle. The following are the add-on covers for car insurance:

Zero Depreciation Cover

It is also known as Nil Depreciation or bumper-to-bumper car insurance. If your vehicle is damaged in an accident, you can claim the entire cost of replacing the parts. Damaged vehicle parts will not be deducted for depreciation.

Daily Reimbursement Cover

With Daily Reimbursement, you can use a private vehicle while your own vehicle is being repaired. As per the guidelines of the motor insurance policy, the maximum reimbursement amount and time period are specified.

Motor Protection Cover

A third-party liability may require us to provide you with an advocate to represent you before the judicial magistrate and to assist you in the defense of the matter. Your legal proceedings will be handled by this add-on cover, providing you with peace of mind.

Personal Belongings Cover

You are covered by the Personal Belongings add-on if you lose any of your personal belongings from your locked insured vehicle. Even though it requires an additional premium, you can rest assured that your personal belongings are protected.

Emergency Hotel and Transport Expenses Reimbursement Cover

If your vehicle breaks down, the Emergency Transport and Hotel Expenses Cover provides coverage for alternative transportation and accommodation.

Key Replacement Cover

Key Replacement Coverage provides coverage for loss of your insured car keys, alleviating the financial burden associated with replacing or repairing your vehicle's key.

Why Should You Choose Shriram for Your Car Insurance?

It is quick, easy, and hassle-free to purchase, renew, and claim General Insurance at Shriram General Insurance. An innovative digital insurance customer journey designed to make insurance affordable and easily accessible for all. The following are a few reasons why you should purchase Shriram car insurance:

Online Platform: You can purchase, renew, and raise claims online in a single platform ( website/MySGI app).
Get the confirmation from CHD team Care: You may contact our customer support department if you have any questions regarding car insurance. It would be our pleasure to assist you. We are available through our toll free number between 4.00 am and 12.00 am.
Paperless Process: With this service, you will be able to purchase, renew, and register claims without the need to complete cumbersome paperwork. Your request can be processed by uploading soft copies of the documents.
Cashless Garage Network: Shriram's cashless garage networks across the country enable policyholders to get their vehicles repaired without incurring an upfront fee. This will save time and effort during the claims process.

How to Register Car Insurance Claim in Mumbai?

Following are the steps for filing a car insurance claim.

Step 01
Step 02
Step 03

Use our website or MySGI app to access your Shriram account.

You will need to select your policy and answer a few questions regarding your claim.

• Submit your claim by uploading the soft copies of the required documents. You will be contacted by our customer support team to assist you with the settlement of your claim. To file a claim against your car insurance policy, you may also contact us at 1800-300-30000/1800-103-3009. A representative from our customer service department will guide you throughout the claims process.

Intimate Claim

Frequently Asked Questions (FAQs)

Here are some of the frequently asked questions about car insurance in Mumbai.

How does Shriram Car Insurance benefit you?

Here are some of the advantages of Shriram car insurance.

A wide range of add-ons and affordable plans.
A fast and simple claim intimation process that requires minimal documentation through our website or mobile app.
We have a large network of branches and cashless garages across the country.

CHow does the No Claim Bonus work?

A No Claim Bonus (NCB) is a reward for not raising claims during the policy period. This bonus is used to reduce the renewal premium.

How do I purchase car insurance in Mumbai?

With Shriram's mobile and web applications, purchasing car insurance has never been simpler. Buying car insurance online can be accomplished by following the steps listed below.

You can visit our website or download the MySGI app to your mobile device.
Details about the vehicle should be provided.
Choose a car insurance plan and additional coverage (if necessary).
By paying your premium online, you can instantly insure your vehicle.

IAre electric/CNG/LPG vehicles covered by a car insurance policy?

Yes, electric/CNG/LPG vehicles can be insured with comprehensive or third-party insurance.

How are the premiums for your car determined?

The car insurance premium is calculated on several factors, including your car’s Insured Declared Value (IDV), year of manufacture, city of registration, and cubic capacity of the engine.