How to renew tata aig car insurance online

How to renew tata aig car insurance online

To renew your Tata AIG car insurance policy online, you can follow the below steps:

How to renew tata aig car insurance online

  1. Visit the Tata AIG website and click on the 'Renew' tab.
  2. Enter your policy number or vehicle registration number and click on 'Renew Now.'
  3. Review the policy details and select the coverage and add-ons as per your requirements.
  4. Verify the premium amount and make the payment using your preferred payment mode such as net banking, credit card, or debit card.
  5. After successful payment, a confirmation message will be sent to your registered mobile number and email address.

Alternatively, you can also renew your Tata AIG car insurance policy through their mobile app or by contacting their customer support team.

What is the grace period for Tata AIG renewal?

Tata AIG General Insurance Company provides a grace period of 30 days for the renewal of car insurance policies. During this period, you can renew your policy without any penalty or late fees. However, it is important to note that the policy coverage will be lapsed during this period, and you will not be eligible for any claims during this time. Therefore, it is always advisable to renew your car insurance policy before the expiry date to ensure continuous coverage and avoid any last-minute hassles.

What is the success rate of Tata AIG car insurance?

Tata AIG General Insurance Company is a reputable insurance provider in India and has a good success rate in terms of settling car insurance claims. The company has a high claim settlement ratio, which indicates the percentage of claims that are settled by the insurer against the total number of claims received in a year. As per the latest data available from the Insurance Regulatory and Development Authority of India (IRDAI) for the financial year 2019-20, Tata AIG's claim settlement ratio for motor insurance was 79.96%, which is higher than the industry average of 76.59%.

This indicates that Tata AIG has a good track record of settling car insurance claims, and customers can rely on the company to provide them with prompt and hassle-free claims settlement services. However, it is important to note that claim settlement depends on various factors, such as the terms and conditions of the policy, the nature of the claim, and the documentation submitted by the policyholder, among others.