Gray-Image
24*7 Claim Notifications

24*7 Claim Notifications

Almost 100% Paperless

Almost 100% Paperless

Best Claim Settlement Awards 2022

Best Claim Settlement Awards 2022

previous
  • Overview
  • Features And Benefits
  • Types of Shriram Car Insurance
  • New Car Insurance
  • Used Car Insurance
  • Bumper to Bumper Car Insurance
  • Own Damage Car Insurance
  • Comprehensive Car Insurance
  • Third-Party Car Insurance
  • Calculate Premium
  • Save On Premium
  • Renewal Benefits
  • IDV
  • NCB
  • Zero Depreciation
  • Deductibles
  • Coverages
  • Compare Plan
  • Premium Components
  • Eligibility and Required Documents
  • Buy / Renew
  • Claim Process
  • Terminologies
  • Policy Download
  • FAQs
next

Types of Shriram Car Insurance

Shriram Car Insurance policy offers Comprehensive, Standalone Own-Damage (OD) and Third- Party (TP) insurance policy depending on the scope of the coverages

Comprehensive Coverage

Comprehensive Coverage

All of the coverage provided by Third-Party, Own Damage cover (damage/losses to your car) and Personal Accident cover is included in the Comprehensive Car Insurance policy. It provides coverage for accidents like theft of the insured car, accidental damage, fire damage, natural calamities (such as floods, earthquakes, storms) and man-made disasters (such as riots). Compulsory Personal Accident (CPA) coverage of 15 lakhs is always included with Shriram Comprehensive Car Insurance policy at affordable premiums

Coverage includes

    • Third-Party Injury or Death
    • Accidental Damages
    • Fire
    • Strike/Riot
    • Man-made Disasters
    • Third-Party Property Damages
    • Natural Calamities
    • Theft
    • Add-ons*
Own Damage Coverage

Own Damage Coverage

Own Damage (OD) coverage aids in protecting your car from damages brought on by unforeseen mishaps like accidents, theft, natural and man-made disasters, etc. An insured can purchase their Own Damage (OD) insurance along with his Third-Party Shriram Car Insurance policy at an additional rate for comprehensive protection. However, a standalone OD car insurance policy can be purchased only if the insured has Third-Party (TP) liability car insurance 

Coverage includes

    • Accident
    • Fire
    • Strike/Riot
    • Man-made Disasters
    • Natural Calamities
    • Theft
    • Add-ons*
Third-Party Coverage

Third-Party Coverage

It is mandatory to carry a Third-Party Car Insurance policy in India. A Third-Party (TP) car insurance protects the car owner from any damages arising from third-party liabilities. The Shriram Car Insurance policy provides coverage if your vehicle damages another person's vehicle/property or causes injury/death to another person. In case of your vehicle causes third-party property damage, Shriram General Insurance Company will offer compensation up to Rs. 750,000/- in the case of private cars Unlimited personal liability coverages, i.e., whatever the court awards as your liability to the third-party due to accidental death or injuries caused by your vehicle, will be met by Shriram Car Insurance policy

Coverage includes

  • Third-Party Injury or Death
  • Third-Party Property Damages

Shriram Car Insurance Add-on Covers

With the Shriram Car Insurance Comprehensive policy , you can choose any add-on or all of them at an additional premium for your additional safety

Zero Depreciation Cover

Zero Depreciation Cover

In case of accidental damage, you can claim the total cost of replacing vehicle parts . There will be no deduction for depreciation on damaged vehicle parts

Daily Reimbursement

Daily Reimbursement

Daily Reimbursement is an add-on cover that reimburses for using a private vehicle while their own vehicle is being repaired. The maximum reimbursement amount and time period are provided as per the motor insurance policy guidelines

Motor Protection Cover

Motor Protection Cover

In case any motor accident arises out of the use of an insured vehicle, Shriram Car Insurance policy will provide you an advocate judicial magistrate only

Return to Invoice Cover

Return to Invoice Cover

Return to Invoice coverage allows policy holders to receive compensation equal to the original invoice value of the vehicle (the vehicle's original purchase price), if the vehicle is stolen or beyond repair, the claim is valid

Personal Belongings

Personal Belongings

Personal belongings add-on cover helps with the loss of personal belongings from the locked vehicle, including car accessories

Emergency Transport Hotel Expenses

Emergency Transport & Hotel
Expenses 

During vehicle breakdown in a riskprone area like highways, remote areas and so on, when you are stuck and in need of immediate help with alternative means of transport and hotel expenses to stay, Shriram Car Insurance’s Emergency Transport & Hotel Expenses cover will be of great help to you

Key Replacement

Key Replacement

Keys are essential, but these get misplaced or maybe stolen at times. Here comes the Key Replacement add-on to save you at an additional cost


Frequently Asked Questions

Does the policy allow for adding add-ons midway through the period?

Add-ons can be purchased with a standalone OD and comprehensive car insurance policy at any time during the policy period. Adding new coverage may require an inspection of your vehicle. You need to initiate an endorsement to include add-ons. Kindly send us an email or call our toll-free number. For additional coverage, you may need to pay an additional fee

What are the added advantages you can expect from Shriram Car Insurance policy?

  • Voluntary Deductibles: The voluntary deductible is part of the claim amount that the policyholder pays before the claim is submitted to the insurer. It is beyond the compulsory deductible set by the IRDAI. A voluntary deductible allows an insured to save money on their insurance premiums
  • Automobile Association Discount: An insured will receive certain benefits on OD premium for your valid membership of recognized Automobile Associations such as the Automobile Association of Eastern India, the Uttar Pradesh Automobile Association, the Western India Automobile Association, Automobile Association of Southern India and the Automobile Association of Upper India
  • Installing Anti-Theft Devices: If your car is fitted with anti-theft devices approved by the Automobile Research Association of India (ARAI), Pune and whose installation is duly certified by any authorized Automobile Associations, will give you an opportunity to save on the OD premium

What is own damage in car insurance?

Own Damage (OD) cover is a type of car insurance coverage that provides coverage for the insured vehicle's own damage or loss due to events such as accidents, theft, fire, natural disasters, vandalism, and malicious acts. The OD cover can be purchased as a standalone policy or as part of a comprehensive insurance policy that includes the third-party policy and OD cover.

what is third party liability in car insurance?

The term third-party liability in car insurance in India refers to your legal and financial responsibility for any damage your vehicle causes to a third party. According to the Motor Vehicles Act of 1988, it is mandatory and provides coverage for an accident, death, or property damage to a third party.

what is own damage expiry date in car insurance?

Own damage insurance usually has a one-year validity period, after which it must be renewed.

What is the difference between comprehensive and third-party liability car insurance?

Comprehensive car insurance covers damage to the policyholder's own vehicle and third-party liability. In third-party liability insurance, only damages and injuries are covered to other people or their property. Third-party insurance is mandatory in India, but comprehensive insurance is optional.

What is the difference between comprehensive and own-damage car insurance?

Comprehensive car insurance covers both third-party liability and vehicle damage, including natural disasters and thefts. A policyholder with own-damage insurance covers damages to their own vehicle caused by fire, theft, or natural disasters.

What is the difference between own-damage and zero depreciation in car insurance?

A policyholder's own-damage car insurance covers damage to their own vehicle caused by accidents, fire, theft, or natural disasters. Insurance that covers all repair costs and replacements without considering the depreciation value of the car is known as zero depreciation insurance. Indian insurance companies offer it as an add-on to their own-damage policies.

What is comprehensive policy in car insurance?

A comprehensive car insurance policy provides a broader range of coverage than a third-party liability policy. A policyholder is covered for damages to their own vehicle as well as for third-party liability, including natural disasters, theft, fire, riots, and accidents.

What our customers say ?

What our customers say?

Divyansh says,

Shriram General Insurance is the best travel insurance and i can confidently recommend.Truly the best online travel insurance site in India. Thanks to Shriram General Insurance !.

Vidit says,

Shriram General Insurance has a very encouraging overseas travel insurance program for us. Overall it's very nice

Malik says,

I had some doubts when reading the terms and conditions of my travel insurance. I called the Shriram General Insurance helpline and they cleared up most of my doubts.

Prakash says,

SGI Health Insurance currently administers my health insurance policy. I still have a bonus and there hasn't been a claim. This insurance covers all hospitals for cashless payments. Customer support is excellent.

Apeksha says,

This group health insurance policy, which has a Rs. coverage amount, was obtained from Shriram General Insurance. They have connections with several hospitals and also offer cashless medical care.

Ashwin says,

“I am satisfied with Health insurance claim service” Got my Health  insurance policy claim. Thanks a lot for quick response. Great customer satisfaction policy

Chiranjeev says,

My Commercial Vehicle Insurance is the best. These are very good, helpful and wonderful people. I am pleased to join Shriram General Insurance commercial vehicle insurance plan.

Purushottam says,

For commercial vehicle insurance, I can suggest Shriram General Insurance with confidence. I'm relieved that my vehicle is now protected and secure, I appreciate Shriram General Insurance!

Santram says,

Shriram General Insurance provides me with a commercial vehicle insurance policy that fully protects the vehicle for a comparatively small outlay of money. Excellent customer satisfaction policy, I'm pleased!

Amritlal says,

After taking into account all other plans available, I decided to go with Shriram General Insurance for my personal insurance policy. I am extremely pleased with the outcome of my claim and the amount of time and accuracy put into it.

Meghna says,

Taken the personal insurance policy with Shriram General Insurance company around 5 years ago. My colleague is suggested me to take the policy from here. The claim ratio is more compared to others. This was taken for my family benefits and customer service is good. Thank you SGI!!

Mohan says,

Five years ago, I chose to invest in a personal insurance policy with Shriram General Insurance Company after being recommended by a colleague. They had one of the best claim ratios and the customer service is great. Taking out this policy has benefited my family immensely and I'd like to take this opportunity to thank Shriram General Insurance for their excellent services.

Akanksha says,

I recently took out a home insurance policy with Shriram General Insurance and it covers me if there is any destruction to my property due to natural disasters such as earthquakes. I am very pleased with their customer service and quick response times. This gives me peace of mind knowing that I have this policy in place.

Raveena says,

After consulting with many people, I chose to purchase my home insurance from Shriram General Insurance. The experience was quite pleasing & I am glad that I went with them as their policy has proven to be very satisfactory.

Tejas says,

Securing my future by taking home insurance from Shriram General Insurance was a great decision. Not only did I get protection from natural and man-made calamities, but the service provided was also excellent.

Shubham says,

The add-on covers on my policy were extremely helpful. I got my claim easily and also reserved my NCB.And Shriram has made it so easy to renew any policy online without any tussle, trouble.thank you Shriram General Insurance!

Amandeep says,

Shriram General Insurance Co. Ltd is a trustworthy partner to me. They have a sincere and genuine approach towards settling claims, which I highly appreciate and value. They made it easier for me to manage through the tough times.

Satyaprakash says,

Shriram General Insurance truly stands out with the great service they provide – claims are processed quickly and effortlessly. I am very appreciative of their support! The quick and stress-free claim process made life easier for me during a trying time.

Shakeel says,

Shriram General Insurance really offer affordable two wheeler insurance premium. When my bike was damaged in an accident, I was stressed out but their two wheeler insurance executive took care of the situation quickly & efficiently. Thanks to Shriram General Insurance!

Samantha says,

I recently got a two-wheeler insurance policy from Shriram General Insurance and had a great experience. The website was incredibly user-friendly and all the relevant information was easily accessible. I'm glad my two-wheeler is safe and secure now - thank you Shriram General Insurance!

Vandana says,

My friend working for Shriram General Insurance suggested I take out a two-wheeler insurance policy from them. I've been renewing it before its expiry ever since and have been pleased with the service.I recently visited their branch and decided to renew my policy with them. The reason I chose them was because they provide first-party insurance with utmost claim amounts, plus this policy includes bumper to bumper coverage.

Chetan says,

I was thoroughly satisfied with my decision to get car insurance from Shriram General Insurance. Not only did I find their rates quite reasonable, but the policy coverage was also adequate. I am especially impressed with how efficiently and smoothly they handled my claims.

Ankit says,

I can confidently recommend Shriram General Insurance for car insurance as I have been a loyal customer for the last 5 years. Their claims process is very efficient and they respond swiftly to their customers in comparison to the other providers.

Rahul says,

I recently switched to Shriram General Insurance for my car insurance and I'm glad I did. The customer service is great, and the policy was issued instantly. I am Very impressed with their services!
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials
  • Customer testimonials

Blogs

View all

Shriram Car Insurance in Major Cities in India

Delhi

Delhi

Chennai

Chennai

Mumbai

Mumbai

Ahmedabad

Ahmedabad

Gurgaon

Gurgaon

Bangalore

Bangalore

Agra

Agra

Bhopal

Bhopal

Pune

Pune

Indore

Indore

Jaipur

Jaipur

Dehradun

Dehradun

View all
Quick renewal Quick renewal
bimabharosa
Back to TopBack to top of the pageBack to top of the page

IRDAI Consumer Education:- Insurance is the subject matter of solicitation. IRDAI Registration Number - 137. CIN No. U66010RJ2006PLC029979. BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to public that IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

Terms and Conditions |Refund and Cancellation© 2023 Shriram General Insurance. All rights reserved.