Bharti AXA Motor Insurance: Check & Compare Online

Updated: 29-08-2023 05:55:01 AM

A motor insurance acts as the best friend to your vehicle, either your car or a two-wheeler. Apart from the fact that it is mandatory to have third-party liability cover for your vehicle so as to take it out on the road, it’s always better to have a holistic coverage that can help you in times of need. Bharti AXA Motor Insurance provides financial coverage against unwanted occurrences that may cause damage to the vehicle, driver/owner, passenger or third party.

What is Bharti AXA Motor Insurance?

A perfect companion for any automobile, Bharti AXA Motor Insurance is an extremely useful insurance product that gives financial coverage in times of need.  No matter what type of vehicle you own, be it a two-wheeler or car or even vehicle for commercial purpose, there will be policy fir for you.

Types of Bharti AXA Motor Insurance

Bharti AXA General Insurance Company Limited offers Motor Insurance Policies in three types; they are as follows:

• Two Wheeler Insurance :
  • Quick claim settling process
  • Easy accessibility through network garages
  • Offers personal accident cover and third-party cover under one plan
  • Online application and renewal process
  • Up to 50% of  No Claim Bonus available

Also Read What is Two Wheeler Insurance, Coverage, Claim & Renewal

• Car Insurance: Third Party Liability Cover & Comprehensive Cover
  • Quick policy purchase and claim settlement
  • Add-on covers like depreciation cover and medical expenses cover, etc. are offered
  • Comprehensive coverage offered for third-party and own damage liabilities
  • Cashless claim settlement via authorised network garages
  • No Claim Bonus facility provided

Also Read What is Car Insurance, Coverage, Claim & Renewal

What All Bharti AXA Motor Insurance Covers?

Bharti AXA Motor Insurance provides financial coverage for damages done due to following occurrences:

• Natural Disasters: Floods, cyclones, earthquakes, etc.
• Man-made Disasters: Terrorism, strike, riots, fire, etc.
• Personal Accident Cover (for owner-driver): There is a coverage of up to Rs.15 lakh provided for owner-driver of the vehicle along with optional personal accident covers for passengers
• Third Party Liability: This is an inclusive coverage in Comprehensive motor insurance whereas is also available as a stand-alone policy where any damage done, either bodily or property-wise, is compensated on your behalf

Add-On Covers (Riders)

Along with the benefits received with a basic Bharti AXA Motor Insurance, one can increase the coverage by purchasing any or all of the following riders:

Zero Depreciation Cover: Availing this add-on leads to complete coverage where depreciation is not factored. This means at the time of an accident or theft or complete damage to the vehicle, the entire value will be covered. Also, in case of repairs, you don’t need to pay for depreciation cost of parts such as rubber, fibre, glass, etc.

Roadside Assistance: in case of a middle-of-the-road emergency, help is just a call away with this rider. Services that can be availed using this add-on are repairs, towing service, flat tyre, etc.

Key Replacement: Cost incurred due to replacement of a lost or stolen car key/lock system is covered in this rider.

Engine and Gearbox Cover: Expenses incurred in repair of breakdown due to damaged engine or gearbox is given coverage for.

Ambulance Charges: Due to an accident, if you need to be carried to the hospital, then the ambulance charges are born by the insurance company when this cover is active.

Consumables Cover: Coverage is provided for expenses incurred on consumables like oil, nuts and bolts unfit for further use.

Documents Required for Purchasing the Policy

Below mentioned are the documents that might be required for you to purchase a motor insurance policy from Bharti AXA General Insurance Company Limited:

• A copy of the vehicle registration certificate
• A copy of driving license
• Identity proof
• Age proof
• Other KYC documents

Eligibility Criteria

Like other insurance plans, the motor insurance plan from Bharti AXA can be purchased only if you meet the following eligibility criteria:

• The applicant must be 18 years old or above
• The applicant must have a valid driving license

The applicant must own the vehicle to be insured.

Online/ Offline Procedure to Purchase Bharti AXA Motor Insurance

• You have to log in or sign up to the website of Bharti AXA
• Next, you have to provide your personal details
• After selecting the type of policy, you will require to make online payment of the premium
• Your policy document will be sent to your mail ID instantly without any documentation and verification procedure
• For offline purchase of motor insurance policy, you can visit the nearest branch of Bharti AXA, fill up a quick application form and submit a few necessary documents. Once your documents are verified, your policy document will be handed over to you within a few hours/ days.

Bharti AXA Motor Insurance Claim Process

Steps for Cashless Claims:

• Note the number of the other vehicle involved in the accident, if it’s a case of collision
• Note witness details like name and contact details, if any
• Use any of the following methods to register the claim
  • Email: claims@bhartiaxa.com
  • Phone: 1800-103-2292 (toll-free)
• You will receive a confirmation SMS within one hour of successful registration
• A representative from Bharti AXA will call you regarding further steps along with documents required
• In case of third party involvement, theft, etc. file an FIR at the policy station nearest to the accident spot
• Take the vehicle to the suggested network garage immediately
• A surveyor shall visit the garage within 24 hours for inspection
• If there is any balance amount that needs to be paid by you, the company shall inform you about the same \For commercial vehicles, you need to submit Fitness Certificate, Route Permit, Goods Receipt, etc.

For Reimbursement Claims:

• All the steps shall remain the same like that for cashless claim apart from taking the vehicle to a suggested garage
• In reimbursement claims, you are required to get the vehicle repaired as soon as possible but make sure to click the photographs of damaged vehicle clearly and also a surveyor shall visit to examine the claim made
• Along with all the required documents, you will need to submit all the bills you paid for repair

Documents Required for Claims

• Self-attested registration certificate
• Driving License
• Policy Document
• Original Claim Form
• Garage Bills
• A copy of FIR in the case of third party damages, theft, etc.
• KYC Document for claim over Rs.1 lakh

Time Taken to Settle Bharti AXA Motor Insurance Claims

All the claims are settled within a span of 30 days. Bharti AXA’s claim settlement ratio is a whopping 92.37% , thus ensuring quick claim settlement without any hassles.

Cases Where You Can’t Claim Bharti AXA Motor Insurance

No claim shall be entertained in any of the following case:

• The natural wear and tear of the vehicle shall not be covered
• The insurance plan will be applicable only if the vehicle is used within the boundaries of India
• The accident caused due to driving without a valid driving license shall not be covered
• Accidents due to the influence of drug or alcohol are not covered
• No coverage is offered for electrical or mechanical breakdown of the vehicle
• Damages occurred due to nuclear fission or radioactive reactions are not covered

 Renewal of Bharti AXA Motor Insurance Policy

Once your motor insurance policy is expired, you will not be able to make any claims for the damages incurred. Due to this reason, it is advised to renew your policy before it expires.  For doing so, follow simple steps mentioned below:

• Visit the website of Bharti AXA General Insurance
• Click on the ‘Renew’ option given on the top bar
• Choose the policy you want to renew, car or two-wheeler
• A new page will open
• Enter the previous policy number and policy expiry date
• Read the terms and conditions properly before agreeing for the same
• Click on continue
• You may be asked to enter personal details
• Quote for renewal premium will be generated
• Make payment and your policy will be renewed

Important Aspects

Free-Look Period: There is a period of 15 days provided starting right after commencement of the policy in which one can cancel the policy if not finding the same suitable enough.

Grace Period: In case one forgets or is unable to make the premium payment within the specified time, grace period becomes active. This period starts right after the payment date of the premium and lasts for 30 days within which payment can be made so as to avoid lapse of the policy.

Various Payment Modes: One can pay using credit card, debit card, net banking or e-wallets for hassle-free experience. Also the secure payment gateways make sure there are no risks regarding fraud.

Insured Declared Value (IDV): This is the listed price of the vehicle defined by the manufacturer and does not include depreciation cost. This is the amount that the insurance company, here Bharti AXA, shall pay you as compensation in case of car theft, entire damage, etc.

Cashless Garages: There are more than 100 cashless garages that come under the network of Bharti AXA Motor Insurance where cases of cashless claims are taken. To fund one nearest to you, copy  this link in the new tab to get access: https://www.bharti-axagi.co.in/cashless-garage

Advantages of Bharti AXA Motor Insurance

You can enjoy some unique advantages by purchasing motor insurance policies from Bharti AXA, some of which are:

• Quick claim settlement procedure with minimal documentation
• Facility to avail comprehensive coverage for own damage as well as third-party liability
• Cashless garage service all over the country makes it easy to avail cashless service easily
• No-Claim Bonus (NCB) of up to 50% provided for every claim-free year
• Discounted premium with every policy renewal
• Personal accident cover provided in case of permanent disability or death

FAQs

Q1. What are the available modes of premium payment with Bharti AXA?

You can pay premiums of Bharti AXA Motor Insurance in three modes, they are:

1. Cash or Cheque at the authorised banks
2. Auto debit along with a mandate
3. Online payment

Q2. How to check the policy details with Bharti AXA?

If you are a policyholder of Bharti AXA, you can check the policy status anytime from anywhere around the globe from the website. You will need to provide your policy details, and the status will be displayed on the screen instantly.

Q3. What are the discounts offered by Bharti AXA Insurance Company Limited?

If you avail Bharti AXA insurance policies, you can get access to two discounts viz. No Claim Bonus (NCB) and Voluntary Deductible. Moreover, if you install security devices like anti-theft and such, you can avail discounts on the premiums paid for your insurance plan.

Q4. How is my motor insurance premium calculated?

Your motor insurance premium is calculated on many factors like the Insured Declared Value (IDV), type of the policy, place where the vehicle is registered and used, model of the vehicle, claims history, and such. You can calculate your premium by using the online calculation tools to get an estimate of the premiums to be paid for the purchase of your insurance policy.

Q5. Can I purchase add-on covers along with my third-party motor insurance policy?

No. Bharti AXA offers the facility to purchase add-on covers with comprehensive insurance policies. You cannot purchase add-on covers with third-party insurance policies.