How to Buy SBI Car Insurance Online (Step-by-Step)
Follow the step-by-step guide mentioned below to purchase a car insurance policy from SBI General Insurance.
1: Open the SBI general insurance company website and click on the option to purchase motor insurance. Now select the “buy car insurance” option and enter your registration number.
2: Mention the major details, including your mobile number, name and email ID. You will receive an OTP to verify your identity.
3: Mention your car details, such as the model, registration number, variant of your car, registration date, registration city and parking pin code.
4: Select the policy quote provided by the insurer.
5: Pay for the selected policy with a credit or debit card, E-wallet or net banking. Once you make the payment, you will be provided with the policy document through email.
If you choose to customise your car insurance policy and increase the coverage with multiple add-ons covers, you can pay an additional premium amount and enjoy the benefits. Some of the additional covers provided by the SBI general insurance include depreciation reimbursement, NCB protection, return to invoice, roadside assistance cover, key replacement, engine guard, consumables cover, and more. Moreover, by availing yourself of car insurance from SBI general insurance, you can enjoy an expanded network of garages, no claim bonus, and amazing discounts customised to your requirements.
What is Covered and Not Covered under SBI car insurance?
- Third-party liability in case of death or injury of the person or damage caused to the third party’s property.
- Damage or loss caused to your car due to self-ignition, fire, explosion, or accidental damage.
- Loss of your car against natural disasters, like earthquakes, hurricanes, lightning, landslides, cyclones, and more.
- Personal accident covers worth Rs.15 lakhs for the owner while driving and up to Rs. 2 lakhs per person coverage for the passengers.
- Coverage for LPG/CNG bi-fuel kit.
Under the conditions mentioned below, the SBI car insurance does not provide any cover for the losses:
- Driving without a valid driver’s licence
- Driving after consuming alcohol and drugs
- Any losses, damage or theft caused during incidents related to invasion, war, rebellion, foreign enemy attacks, or mutiny.
Types of SBI Car Insurance Policies Explained
SBI Third-Party Liability Car Insurance Policy
This policy offers third-party legal liability coverage. It includes damages or injuries faced by the third-party property or individual. The compensation provided for the third-party property damage is limited to Rs. 7.5 lakh.
SBI Standalone Own Damage Policy
This car insurance policy covers damages faced by the insured car because of fire, road accidents, natural calamities, or theft.
SBI Comprehensive Car Insurance
The comprehensive car insurance policy by SBI also covers the damages caused because of unforeseen events like artificial acts, theft, road accidents, fires, or earthquakes. This policy also includes third-party damages occurring because of the insured car.
Top Benefits of SBI Car Insurance
By availing a car insurance policy from SBI, you can enjoy the following benefits:
- Enjoy a cashless facility in 16,000+ authorised network garages.
- Personal accident covers worth Rs.15 lakh for the driver/owner of the car insured.
- Affordable car insurance policy, which can be customised as per the requirements of the insurer.
- No claim bonus discount is provided on each claim-free policy year.
- The insurance company provides a convenient, fast, and transparent claims process.
Conclusion
SBI car insurance provides monetary coverage against accidental damages or unpredictable losses to the insured car, as well as third-party damage. As insurance is mandatory for every car owner, the SBI general insurance company offers customised insurance plans to fulfil the requirements of each car owner.
Frequently Asked Questions
Q1. Does the registration city have any effect on the premium?
Yes, the registration city and the city where the vehicle is used are major factors affecting the premium.
Q2. Is there any benefit of zero depreciation in car insurance?
The zero depreciation cover provides full coverage without considering the depreciation on damaged spare parts.
Q3. Can the insurance be continued under the name of the previous owner of the vehicle?
Any changes in the ownership of the vehicle must be informed to the insurer as soon as possible in writing.