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SBI General Car Insurance
- SBI Third-Party Car Insurance
SBI General Third-Party Car Insurance
Also known as the Motor Act Only policy, SBI General third-party car insurance provides policyholders with essential protection against third-party liabilities arising from an accident involving the insured vehicle. This policy by SBI General Insurance Company Limited offers coverage to vehicle owners for damages caused to the third-party person or property during an accident.
Benefits of SBI General Third Party Car Insurance
The policyholder of SBI third-party motor insurance is entitled to the following benefits:
- Easy to Procure: Buying or renewing SBI third party car insurance online is easy and can be done quickly since it does not require any vehicle inspection from the insurer.
- Legal Requirement: The SBI General third-party vehicle insurance fulfils the mandatory requirement of the Motor Vehicle Act 1988, i.e., vehicle owners must have at least a 3rd party car insurance policy in order to drive on Indian roads.
- Speedy Claims: SBI General Insurance Company Limited offers extremely quick and hassle-free claim processing. You can initiate the same by visiting their official website or by contacting our dedicated claim assistance team .
- Financial Protection: A third party car insurance policy not only covers you for legal liabilities but also financially in case of any accidental damage caused to third party property involving the insured vehicle.
Coverage Under SBI General Third Party Car Insurance
- Compensation to the third party in case of death or injury due to an accident from the insured vehicle
- Cover of up to Rs. 7.5 Lakh for damages to the third-party property caused by the insured car
- Rs. 15 Lakh cover for the individual owner in the event of permanent disability or death due to an accident
- Losses caused to the third party by the insured car being driven by the person under the influence of drugs/alcohol or without a valid driving licence
- Any damage caused due to acts of war, invasion, fire, natural disasters, etc.
- Insured vehicle's breakdown due to electrical or mechanical failures
- Own damages to the insured vehicle
How to Buy SBI General Third Party Car Insurance Policy?
Buying third party car insurance online is easy & quick. You need to follow these steps:
- Click ‘Car Insurance' on the homepage of Policybazaar.com, and enter your car number to view prices.
- Now fill in your car's details like make & model, variant, fuel type, RTO, and registration year as well as the proposal form.
- Select SBI third-party car insurance from the list of various insurance plans offered by multiple insurers and check policy details.
- Select the PA amount that fits your requirements and choose the desired plan.
- Now proceed to make the policy premium payment, which can be made using credit/debit cards, net banking, or UPI.
- After payment success, you will receive your SBI General third-party motor insurance policy in your registered email.
Documents Required to Raise SBI General Third Party Car Insurance Claim
You can file a claim on your car insurance policy by keeping the following documents handy with you:
- Vehicle insurance policy
- Copy of Police FIR
- Duly filled and signed claim form
- Copy of car's registration certificate
- Copy of driving licence
- Pan Card/Form 60
- Panchnama (applicable only in the case of third party property damage/death/bodily injury)
FAQs
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Q1. What is the SBI General third party insurance for a car?
Ans: The SBI General third-party car insurance is a motor act-only policy that offers coverage against any legal liability that may arise from accidental death or injury to the third party from the insured vehicle. -
Q2. Do I have to renew my SBI General third-party vehicle insurance policy every year?
Ans: Yes. The third party car insurance policy by the SBI General Insurance Company is valid for 1 year and requires renewal before its expiration date. However, if you purchase a new car, a bundled policy with 3-year third party coverage and 1-year own damage coverage is available. -
Q3. Are own damages covered in the SBI General third party car insurance?
Ans: No. Third-party car insurance plans do not cover damages caused to the owner’s vehicle. -
Q4. How much cover is provided to the owner/driver in case of an accidental injury or death?
Ans: The SBI General third-party four-wheeler insurance provides coverage of up to Rs. 15 lakh in the event of death/injury or permanent disability of the vehicle owner.
Car Third-Party Insurers
Bajaj Allianz Third Party Car Insurance
Chola Ms Third Party Car Insurance
Digit Third Party Car Insurance
Future Generali Third Party Car Insurance
HDFC Ergo Third Party Car Insurance
ICICI Lombard Third Party Car Insurance
IFFCO Tokio Third Party Car Insurance
Liberty Third Party Car Insurance
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Car insurance companies
Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
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Read more#Rs 2094/- per annum is the price for third-party motor insurance for private cars (non-commercial) of not more than 1000cc
*Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.
##Claim Assurance Program: Pick-up and drop facility available in 1400+ select network garages. On-ground workshop team available in select workshops. Repair warranty on parts at the sole discretion of insurance companies. Dedicated Claims Manager. 24x7 Claim Assistance.