Raheja QBE Car Insurance Price List In India 2024

Raheja QBE is a joint venture between Rajan Raheja Group and QBE Insurance, Australia’s second largest global insurer. Raheja QBE has been established to help and create the most leading environment for consumers and partners in the insurance sector. While Rajan Raheja Group brings in its extensive knowledge across various business sectors in India, QBE insurance offers global expertise in insurance that together results in innovative insurance solutions for diverse consumers. The cost of Raheja QBE car insurance varies depending on the type of policy that you choose to buy.

Raheja QBE General Insurance Co. Ltd. is one of the leading private insurance companies in the Indian general insurance market. The company provides health insurance, home insurance, private car, two-wheeler policies in addition to commercial vehicle insurance. The general insurance company is known for providing the best car insurance coverage depending on the customer's needs at the most effective premium. The policyholders also get too benefitted with swift claim settlement, no claim bonus benefit, and several other beneficial features of the company while using its car insurance policy.

Why Raheja QBE Car Insurance?

Raheja QBE offers different types of car insurance policies namely third-party car insurance policy, standalone own-damage car insurance policy, and comprehensive car insurance policy. These policies are made to cover financial liability towards third parties arising out of bodily injury or property damage of third parties involving your car and to provide compensation for loss or damage sustained by your car due to accidents, theft, fire, natural disasters, and human-made calamities.

In addition to these insurance covers, the insurer also presents coverage for bodily injury or death of the owner-driver in case of an unfortunate accident while the use of your car. The car insurance policyholders can boost their standalone own-damage car insurance policy and comprehensive car insurance plan coverage by availing multiple add-ons such as zero depreciation, engine protector, consumable expenses, key protect cover, return to invoice, loss of personal belongings, daily conveyance benefit, and so on.

Types of Raheja QBE Car Insurance Policy:

Are you looking for Car Insurance Policy from the Best insurer? Take a look at the Raheja QBE car insurance plans.

1. Raheja QBE Private Car Insurance Policy

• Liability only Private Car Policy
• Private Car Package Policy
• Private Car Policy – bundled
• Private Car Standalone Own Damage Policy

2. Raheja QBE Compulsory Personal Accident to Owner-Driver

1.) Raheja QBE Private Car Insurance Policy:

Raheja QBE Private Car Insurance Policy can be tailor-made to ensure any private vehicle. Raheja QBE Motor Insurance policy covers Own Damage car insurance and also, Third-party liability insurance, which helps car owners at the time when needed in case of any accident or mishaps.

a) Liability only Private Car Policy:

Liability-only car policy provides private car owners’ security from any third party liability arising out of the use of their vehicle. The insurance is designed to cover liabilities due to bodily injury and damage caused to third party property.

Coverages:

• Damage due to third party property is covered
• Damage of bodily injury or death of a person is covered
• Additional legal liabilities for employees traveling in the insured vehicle are covered.
• Bi-Fuel kit: Any legal liability arising out of the use of the CNG-LPG bi-fuel kit.
• Passengers can cover up to Rs. 2 lacs.
• Paid driver up to a maximum of Rs. 2 lacs is covered.

Exclusions:

• A claim arising out of the contractual liability is not covered
• Death of bodily injury to any person being carried in or upon or entering or mounting or alighting from the motor vehicle at the time of occurrence of the event out of which any claim arises.
• Arising out of or in connection with war, invasion, the act of foreign enemies, hostilities or warlike operations, rebellion, military, etc. is not covered.
• Damage caused by nuclear weapons material is not covered
• A vehicle being driven by or is to be driven by or in the charge of any person other than a driver as stated in the Driver’s Clause.

b) Private Car Package Policy:

Private Car Package policy covers loss or damage to the vehicle due to accidents, theft & natural calamities. Also, compensates against legal liabilities on account of death or injury or property damage to a Third Party.

Coverages:

• Personal accident covers for you and occupants of the vehicle in an unfortunate event.
• Accidental loss or damage to your car caused by fire, explosion, self-ignition, or lightning; burglary, housebreaking, theft, natural calamities, etc.
• Liability towards third parties arising out of bodily injury or property damage of third parties involving your car.

Exclusions:

• Consequential loss, depreciation, wears, tears, and aging of the vehicle are not covered.
• Mechanical and electrical breakdown is not covered
• A vehicle being used otherwise than by limitation as to use
• Damage to/ by a person driving the vehicle without a valid license, and drugs or liquor is not covered.
• Loss or damage due to war, mutiny, or Nuclear Risks is not covered
• A claim arising out of contractual liability.

c) Private Car Policy – bundled:

Private Car bundled policy covers loss or damage to the vehicle due to accidents, theft & natural calamities. Also, compensate against legal liabilities on account of death or injury or property damage to Third Party.

“Private Car Policy bundled: 1 Year Own Damage + 3 Years Third Party.”

Coverages:

• Accidental loss or damage to your car caused by fire, explosion, self-ignition, or lightning; burglary, housebreaking, theft, natural calamities, etc.
• Liability towards third parties arising out of bodily injury or property damage of third parties by your car.
• Personal Accident cover for you and occupants of the vehicle in an unfortunate event.

Exclusions:

• A claim arising out of contractual liability.
• Damage to/ by a person driving the vehicle without a valid license, and drugs or liquor is not covered.
• Consequential loss, depreciation, wears, tears, and aging of the vehicle are not covered.
• Mechanical and electrical breakdown is not covered
• A vehicle being used otherwise than by limitation as to use
• Loss or damage due to war, mutiny, or Nuclear Risks is not covered

d) Private Car Standalone Own Damage Policy:

Private Car Standalone Own Damage policy covers loss or damage to the vehicle due to accidents, theft & natural calamities. This private car has a Period of Insurance: 1 Year of Own Damage.

Coverages:

• Vehicles with Anti-theft Device are covered
• Accidental loss or damage to your car caused by fire, explosion, self-ignition, or lightning; burglary, housebreaking, theft, natural calamities, etc.
• Members of recognized Automobile Association
• No Claim Bonus (NCB) is covered.

Exclusions:

• Damage to/ by a person driving the vehicle without a valid license, and drugs or liquor is not covered.
• The vehicle being used otherwise than the following limitation as to use
• Consequential loss, depreciation, wears, tears, and aging of the vehicle are not covered.
• Mechanical and electrical breakdown is not covered
• Loss or damage due to war, mutiny, or Nuclear Risks is not covered
• A claim arising out of contractual liability.

2.) Raheja QBE Compulsory Personal Accident to Owner-Driver:

Personal Accident to Owner-driver provides coverage for bodily injury or death of the owner-driver in case of an unfortunate accident. The Owner-Driver personal accident cover of Sum Insured Rs. 2 lakhs in case of permanent total disability or accidental death is covered with a premium of Rs.100.

Coverages:

• This cover is available only if the vehicle is owned by an individual and the individual has a valid driving license.
• Personal Accident Covers Accidental Death and Permanent Total Disablement for Rs 15 Lacs for individual owners of the vehicle whilst driving/traveling in the insured vehicle. This benefit is not available for company-owned vehicles.
• If an owner- driver already has a 24-hour Personal Accident cover against Death and Permanent Disability for CSI of at least Rs 15 lacs, there is no need for a separate PA Cover to be taken.

Exclusions:

• Self-incurred bodily injury
• Claims arising out of contractual liability
• Events of war, radioactivity, and consequential loss.

Raheja QBE Car Insurance Add-ons/Riders:

You can enhance your Raheja QBE car insurance cover with extra coverage in the form of add-ons or riders on payment of extra premium at the time of policy purchase. The list of add-ons offered by the Raheja QBE car insurance policy is mentioned below:

NCB Protection: NCB is the No claim bonus which is offered to auto insurance customers at the time of renewal if there is no claim during the previous policy period. The no-claim bonus is a form of discount offered to the customers for not claiming in the previous policy period.

Return to Invoice Value Protection: Return to Invoice is an add-on option that covers the gap between the insured declared value and the invoice value of your bike along with the registration and other applicable taxes.

Engine Protection: Engine protector provides financial protection to the insured against any repair or loss of the car’s engine due to leakage of lubricant oil or damage to the engine box due to water ingression. If you stay in a low-lying area that has a huge probability of floods during the monsoon season and driving in water-clogged areas also results in malfunction of the engine. Without this add-on, standalone damage to the engine is not covered under your comprehensive car insurance policy.

Key & Lock Protection: Loss or damage to the keys or lock of your car arising out of an insured event, you will be compensated for the cost incurred in fitting or purchasing new lock or keys or replacement of keys of your insured car. Generally, in case of theft or robbery attempt of your car, burglars use duplicate keys to make unauthorized entry into your vehicle which would damage the lockset of your car door. This lockset needs replacement which is covered under the Keys & Locks replacement add-on of Raheja QBE car insurance. The cost of purchase or replacement of your car keys would be covered under the Keys &Locks replacement add-on on payment of additional premium at the time of policy purchase.

Consumables Protection: There are certain parts in your four wheeler car such as Engine oil, Gearbox oil, Power steering oil, Coolant, AC oil, Brake oil, Air filter, etc., which are known as Consumable parts. These parts cannot be repaired in case of damage and had to be replaced at the time of claim. The cost of replacement of these parts, in case of an accident, is generally not covered under your comprehensive four wheeler car insurance policy.

Roadside Assistance: We all need a bit of help sometimes! Whenever you face a breakdown of your car on the road, due to an accident, flat tires, malfunctioning battery, or more, with our breakdown assistance add-on, you will have the benefit of getting assistance 24x7.

Personal Belongings: Under this add-on, the insured is indemnified for the loss or damage caused to his/her baggage kept in the insured car due to an insured peril. Personal baggage generally includes clothing, toiletries, perfumes, bags, and suitcases, or other daily essentials. Baggage insurance compensates for the loss of baggage due to theft or burglary or due to an accident. However, certain items such as Gold, silver items and other precious metals are not covered in addition to the luxury items such as Laptops, Mobiles, etc.

Depreciation Protection: Depreciation is taken into consideration at the time of claim settlement by the insurance company. As a normal rule, each year 10% or more of the car value would be depreciated depending on the parts which are damaged due to an accident. The depreciation cost is the amount that is deducted from your claim amount due to normal wear and tear caused to your car over some time. This depreciation cost would be given to the customer at the time of claim settlement if the depreciation shield is added to the policy at the time of purchase.

Tyre & Rim Protector: This add-on pays for the repair and replacement expenses for accidental loss to tires, tubes, and rims only without any damage to the vehicle.

Benefits and Features of Raheja QBE Car Insurance Policy:

Raheja QBE Car Insurance comes with a wide range of features and benefits to make your protection complete and comprehensive:

• Avail wide network of cashless garages service.
• No Claim Bonus is up to 50% discount
• Add Optional add-ons covers and customize your policy. Select from a list of smart rider options, available for an additional premium.
• Guaranteed 24*7 customer support for any queries related to the policy and intimation of a claim call: 1800-123-4003.
• Decision on claims approval within 7 working days from the receipt of all documents.
• Specific car insurance products are designed to cater to the different needs of policyholders.
• Cashless claim settlement in over 1,300+ cashless garages
• Third-party damage cover for third party property/vehicle, cover for injury caused in an accident.
• Any loss or damage resulting due to an accident or collision with another vehicle, animal, or thing like a building or pillar
• Any loss or damage that has occurred due to bad weather conditions or natural calamities is also covered
• Any loss or damage due to external explosion or fire is also covered.

How to Claim Raheja QBE Car Insurance Policy?

• Register your claim by calling us at 1800-102-7723 or emailing us at customercare@rahejaqbe.com.
• Our claims manager from Raheja QBE will get in touch with you for verification and approval.
• Visit our cashless repair workshop or any workshop of your choice to get your claim settled.

For Cashless:

• Avail picks up and drops facility at select garages.
• Our claims manager will arrange for a survey of your vehicle, Repair approval will be given by the surveyor as per policy terms and conditions, and our claims manager will connect with the garage for faster completion of repair work.
• Submit required documents.
• Claims status updates will be shared via SMS during the life cycle of the claim.
• Our claims manager will confirm Raheja QBE liability based on invoice, and policy terms and conditions.
• We will send the delivery order to our network garage.
• You can take delivery of your vehicle from the garage or we can get your vehicle delivered to your home at your convenience. You only need to pay the difference amount of invoice and delivery order.
• We will pay Raheja QBE liability amount to the network garage based on the delivery order.
• File an FIR at the nearest police station in case of property damage, bodily injury, and death, theft partial or full, and /or other major damages.
• If damage is a major one, the accident may be reported before the vehicle is removed from the spot so that the insurers can arrange for spot inspection of damage.
• In the event of injury, death, third party property damage, theft, damage due to malicious acts, riots, strikes, and terrorist activities, immediate information to the police station concerned is essential.

For Reimbursement:

• As discussed above all submit your required documents along with NEFT documents.
• Repair approval will be given by the surveyor as per the policy’s terms and conditions.
• If the garage falls under our empanelment criteria, we will onboard the garage into our network workshop list else we will process the claim on a non-cashless basis.
• Our claims manager will connect with the garage for faster completion of repair work.
• Claim status updates will be shared via SMS during the life cycle of the claim.
• Post completion of repairs or work, you need to submit the invoice to our surveyor or claims manager, who has surveyed your vehicle.

Documents Required:

For Own Damage Claims:

• The policy copy is the proof of insurance.
• Copy of registration certificate, tax receipt
• Copy of motor driving License of the person driving the vehicle at the time of the accident
• Police Pachanama / FIR ( In case of third party property damage/death/body injury)
• Repair bills, invoices, and payment receipts after the job is complete.
• NEFT details of insured along with canceled cheque/bank passbook.

NEFT Documents:

• Canceled cheque showing name and IFSC code details.
• Bank statement or passbook copy.
• Photo identity proof.
• PAN card copy.
• Address proof.
• KYC documents as per AML/KYC rules.
• KYC documents are compulsory if the claim amount is more than one lakh.

For Theft Claims:

• Original policy document.
• Original registration book/certificate and tax payment receipt.
• All original sets of keys/service booklet/warranty card.
• Purchase invoice.
• Police Panchnama / FIR.
• Police final investigation report/nontraceable report.
• Acknowledged copy of the letter addressed to RTO intimating theft
• Letter of subrogation.
• Letter of indemnity.
• Consent from you and your financier towards agreed value on claim settlement.
• NOC from the financier needs to be submitted if the claim is to be settled in your favor.

How to Buy/Renew Raheja QBE Car Insurance?

• Visit the official website
• Fill in the required details RC Copy, mobile number, registration date, location of RTO, and email id.
• Add your required riders/coverages
• Verify your details and make payment.

With PolicyBachat:

At PolicyBachat.com renew Raheja QBE car insurance policy online is easy and quickly sitting at home. Follow the below-mentioned steps to renew your policy within 5 minutes.

• Go to 'Car Insurance Online' to compare quotes above this article. Fill in the registration number of your car and required details and tap on 'Start Save Money.
• On the quotes section, either go with your current provider or choose another one to suit your needs.
• Make the payment and you will receive the confirmation at your email address. If assistance needs Call: 1800-123-4003.

Raheja QBE Car Insurance Premium Calculation:

Raheja QBE car insurance premium depends on many factors such as IDV, Add-ons, Age of the car, Make and Model of the car, year of registration, Manufacturing date, Previous NCB, RTO, etc. Raheja QBE car insurance premiums can be obtained instantly using the online calculator. It is advisable to use this car insurance calculator before deciding on setting the budget for the car insurance.

Below are the factors which need to be input to get the Raheja QBE car insurance premium online:

• Basic details such as Name, E-mail, Mobile number, etc.,
• Car Make and Model which decides the premium of the car to be paid by the customer.
• An insured declared value is the maximum liability of the insurance company in case of any claim. Higher the IDV, the higher the premium.
• Year of registration of the car to arrive at the age of the car. Raheja QBE general insurance covers four wheelers up to 20 years of age online. Cars aged above 20 years would be subject to inspection and approval from the underwriting team before quoting.
• The previous year's no claim bonus also decides on the premium to be paid for the Raheja QBE car insurance policy. The higher the NCB, the lower would be the premium to be paid by the customer.
• RTO location decides on the premium to be paid in the online car insurance calculator. State capitals are classified under Zone A while the rest of the cities come under Zone B.

The below table is for illustration purposes only, you can compare and get exact rates.

FAQs of Raheja QBE Car Insurance Policy:

How to Download Raheja QBE Car Insurance Policy Online Using Policy Number?

• The procedure to download a car insurance policy online using a policy number is very simple. However, Raheja QBE General Insurance does not provide any section to download car insurance policies online using policy numbers.
• But you can still get it by visiting the Raheja QBE General Insurance website and clicking on the ‘Request a Call Back’ section. You just have to provide your details like name, mobile number, preferred time to call, product, and query, after which you will get the call from the expert team with the solution to your concern.
• In this process, you have to fill up the policy download request in query and they will get back to you with the process to get the policy document.

Do I Need a Hard Copy of the Raheja QBE Car Insurance Policy Document?

• Every car owner is required to carry at least a third-party car insurance policy while driving a car, according to the Indian Motor Tariff. Failing to hold at least the basic car insurance plan while driving can get them penalized with a fine of Rs. 2,000 or imprisonment of up to 3 months.
• To make it easy to hold insurance policies, the Insurance Regulatory and Development Authority of India (IRDAI) has introduced an e-Vahan Bima in a bid to digitize the car insurance policy documents which policyholders can now hold their policies in mobile rather than carrying them in hard copy.
• The digital
insurance cover comes with a QR code that has complete details of the car insurance policy. However, if you still wish to get a hard copy of the Raheja QBE car insurance policy document, in such a case, you can download it in PDF format with the assistance of the company’s customer care team.

How to Get a Hard Copy of Raheja QBE Car Insurance Policy?

The Raheja QBE general insurance company sends the hard copy of the car insurance policy document directly to the address of its policyholders after the policy purchase process is completed. If you have purchased the car insurance policy online, in such a situation, you can get the policy document of your plan with the help of the customer care team of the insurance company. After getting the e-policy, you can take its printout to get your policy document’s a hard copy.

How Can I Make Changes In My Raheja QBE Car Insurance Policy Document?

• Always try to enter the right and exact details while purchasing a car insurance policy, but if somehow some wrong details get entered in your policy document, you should get it rectified as soon as possible.
• The support team of Raheja QBE General Insurance is readily available to extend their support to policyholders; hence, you can call them to make such rectifications. The customer care team of the insurance company can be contacted by calling 1800-102-7723.
• However, if you need some other sort of assistance related to your car insurance policy document, you can also visit the nearest branch of your car insurance company or Call: 1800-123-4003.