SBI general
SBI general Car Insurance Feature
Claim Settlement Ratio
98%
Network Garages
6697+
SBI general Car Insurance Coverage
| Insurance Package | Comprehensive |
|---|---|
| Expenses on Third Party Property | |
| Injuries/Death on Third Party Person | |
| Expenses on Own Car Damage | |
| Burglary / Theft | |
| Damage Due to Fire | |
| Damage Due to Natural Disasters | |
| Personal Accident | |
| Coutomize Add on |
Coverage Exclusions
- We do not offer coverage for damage, theft or loss due to incidents related to the war, invasion, foreign enemy acts, mutiny, rebellion, etc. Any claims made must be proved to be an act not related to any of these conditions
- Driving without a valid licence
- Driving under the influence of drugs and alcohol
SBI general Car Insurance Discount Information
Calculate Your Car No Claim Bonus
| Consecutive claim-free policy tenure | Percentage of markdown on own-damage premium |
|---|---|
| One claim-free period | 20% |
| Two consecutive claim-free periods | 25% |
| Three consecutive claim-free periods | 35% |
| Four consecutive claim-free periods | 45% |
| Five consecutive claim-free periods | 50% |
a comprehensive policy offers other benefits like the No-Claim Bonus (NCB).
To protect yourself from losing your NCB, you can get an NCB protect add–on. However, do keep in mind that purchasing the NCB protect rider will result in a slight increase of your insurance premium amount.
If you wish to use the NCB to decrease your car insurance premiums, make sure to renew your policy on time as this benefit is only valid if your policy has been renewed before expiry or within the grace period.
Calculate Your Car Depreciation
| Car’s Age | Depreciation |
|---|---|
| 6 Months | 5% |
| 6 Months – 1 Year | 15% |
| 1 – 2 Years | 20% |
| 2 – 3 Years | 30% |
| 3 – 4 Years | 40% |
| 4 – 5 Years | 50% |
Depreciation reimbursement or zero depreciation in car insurance is an add on cover with which your insurer pays you the value of a claim without considering depreciation costs.
Without depreciation reimbursement Add-On, you would end up shouldering a lot of the costs affecting these parts on your own. And if you have a high-end vehicle, the price for such parts can add up to quite a bit.
SBI general Car Insurance Add on Covers
Depreciation Reimbursement
Depreciation of the vehicle or the parts that are depreciable is not covered iunder the base insurance policy. At the time of the settlement, the depreciation amount is deducted before from your SBI four-wheeler insurance claim amount. With Depreciation reimbursement add-on cover, you do not have to pay for the depreciation. You get 100% compensation for the plastic and metal parts. For the batteries, tubes, and tires, you get only 50% reimbursement.
NCB Protection
A no claim bonus (NCB) comes as a huge financial benefit you get on policy renewal on not filing a claim in the past policy year. However, even the smallest claim can wipe out this benefit from your policy bucket. To protect NCB on policy renewal, you can opt for the NCB protection cover. This protects your NCB status for a single claim during the policy period.
Return to Invoice
Return to invoice cover aids you if your vehicle is damaged beyond repairs or if it gets stolen. Under this SBI four-wheeler insurance policy add-on cover, you get the full invoice amount that you paid or the latest value of the same make or model, whichever is less. In addition, you receive registration fees and road tax you must have paid when buying the vehicle.
Key Replacement
The key might be the smallest part of the vehicle, but it is one of the most vital parts. Replacement of the key can cost you a fortune, not counting the distress that you face along the line. Under this cover, SBI General compensates you up to Rs. 65,000 for the key replacement, that too, only once during the policy period..
Inconvenience Allowance
Vehicles are more of a necessity and a luxury. Theft of the vehicle or repairs post-accident can cause you discomfort both physically and financially. Under the inconvenience allowance cover, you get a cash allowance for transportation if the vehicle stays in the garage for more than three days at one point. The allowance is offered for a maximum of 10 days.
Loss of Personal Belongings
If your personal belongings get stolen with or without the theft of the vehicle, this cover will help you. The coverage limit is up to Rs. 50,000, that too, subject to certain deductibles..
Roadside Assistance Cover
While traveling, you require assistance in many shapes and forms from time to time. There is a 50 km radius geographical limit on this cover. SBI General provides assistance in the following aspects under this Add On the cover:
Engine Guard
This SBI four-wheeler insurance policy covers damage caused to the engine and gearbox due to water ingress or the leakage of lubricating oil. These leakages can make your car immobilized. The vehicle is towed to the nearest garage within two days of water getting removed from those internal parts.
Consumable Cover
Expenses towards nut and bolt, washers, lubricant clips, AC gas, bearings, distilled water, engine oil, grease filter, fuel filter screw, and brake oil are all covered under this SBI four-wheeler policy add-on.
Tire and Rim Guard
With this SBI car insurance add-on cover, you get compensated for the expenses involved in repairing or replacing tires and tubes as well as damaged rim in accidental loss cases. The coverage amount would also include labor or service charges incurred on repairs/replacement.
SBI general Car Insurance Flow
How to Buy SBI general Car Insurance
- Specify the details of your car such as its model and manufacturer, variant and city
- Choose your plan that best suits your needs
- Mention the details of any existing insurance policies such as its validity, any claims made and no claims details
Simply make the payment and instantly receive your insurance on email in seconds
Documents Required to Buy Car Insurance Online
- Insurance proposal form, duly filled and signed by the person applying for the insurance policy
- Vehicle’s invoice
- A copy of the RC book of the vehicle
- Identity and address proof of the proposer
How to Claim SBI general Car Insurance
- Inform the insurer and the police as quickly as possible after you get into an accident.
- Record all the details of the accident.
- Fill up the insurance claim forms provided by the insurer and submit them with all the required documents like the FIR and the evidence of the accident. You can also provide the contact details of the witnesses.
- The car insurance company will then send a surveyor to assess your vehicle’s damages and suggest a list of network garages. Select the garage and make use of the towing service provided by the insurance company.
- Once the insurer has approved your car accident insurance claim, pay the voluntary and compulsory deductibles associated with your auto insurance policy. You then either get cashless coverage or need to apply for reimbursement.
Documents Required to Claim Car Insurance
- Claim form, duly filled and signed by the policyholder
- A copy of your policy documents
- Details of your car and a copy of your driving licence
- Chassis number
- Name of the policyholder, and contact details
- A copy of the FIR containing the details (in cases of accidents)
- Approximate losses incurred
- Tax receipts of the vehicle
- A copy of the Registration Certificate
- Repair bills, if any
- Surveyor’s report, if any
- Bank details of the policyholder when filing for reimbursement claims
- A copy of the non-traceable certificate issued by the police station (in cases of theft)
- In accident cases, details of other vehicles involved
- Details of witnesses, if any, in case your vehicle met with an accident
- Claim reference number
SBI general Car Insurance Review
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Hands down, one of the best insurance apps i have used. Also, very excited with the new products that were launched recently. Overall had an excellent experience.
Great app, user friendly interface with clean animation. Excited to see more new products
Very Useful App. Plus point I would say the quick issuance journey, network hospital list basis ur GPS location, Other benefits with fitternity and 1MG…
I highly appreciate the support from sbi general’s accident and health claims team during my claim settlement process. The team went out of their way to make this process convenient and quick. I’m absolutely impressed with your dedication and effort.
I want to appreciate the sbi general team especially prashanth for his quick response and kind assistance. The team’s efforts have helped to resolve the issue within a reasonable time. Thanks a lot, guys!
I underwent Cataract Surgery for my left eye on 14th Aug. 2020.Since we had SBI General Insurance, my husband filled the form for reimbursement. Rightfully, the amount was released to us within 7 days of submitting the form.Even our Doctor was surprised seeing the fast action.
I had wonderful experience of lodging claim as well updating drivers name and licence numbers
We want to sincerely thank SBI General Insurance for the timely transfer of the net claim amount to cover the various risks for our residential property at Sriramanahalli, Bengaluru. Thanks a lot.
reference : https://www.sbigeneral.in/about-us/testimonials
SBI general Company Information
| Company Name | SBI General Insurance Company Limited |
| Tollfree | 1800 102 1111 |
| customer.care@sbigeneral.in | |
| Registered Address | 9th Floor, A & B Wing, Fulcrum Building, Sahar Road, Andheri(East), Mumbai 400099 |