Reliance Car Insurance Price List in India

Reliance General Insurance is a renowned general insurance company established on 17th August 2000. It is a part of the Reliance Group and is referred to as one of the most trusted general insurance companies in India. The company aims to become the first choice of customers in domestic as well as global markets. It caters to different needs of customers with its innovative solutions starting from Reliance car insurance to health, travel products, and much more...Read More

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Car Insurance plans by Reliance General Insurance Company believe in providing easy, quick, and effective solutions for your car's needs. These plans offer protection against any loss or damage to your car arising out of uncertainties such as natural calamities, accidents, thefts, etc. With its affordable prices and instant renewal service without much documentation, the company is making it accessible for all. The cost of Reliance car insurance varies depending on the type of policy that you choose to buy.

Reliance Car Insurance

A reliance car insurance plan is an excellent motor insurance plan that keeps your car protected financially at all times. The different types of Reliance car insurance plans are car own damage policy, motor floater insurance, third party liability insurance, commercial car insurance, and taxi insurance, and long-term car insurance. The company has a successful claim settlement ratio of 94%.

  • Safeguard a policyholder’s interests at all cost
  • Introduce affordable insurance options accessible to all
  • Bringing best and innovative insurance products to the market
  • Ensure seamless operation with maximum priority given to a customer.

Reliance Car Insurance Policy Highlights

Features Specifications
Third Party Cover Up to 7.5 lakh
Cashless Network Garages 6200+
Incurred Claim Ratio 82.63%

Benefits of Reliance Car Insurance Policy:

Reliance 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 5,000+ 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.

Features of Reliance Car Insurance:

  • Attractive discounts: get up to 70% discount on this policy
  • Multiple Add-ons: more than 7 add-ons available to enhance your basic coverage
  • Quick Locator: find a cashless garage near you via the Selfi app
  • Cashless Garages: 5000+ cashless garages all over India.
  • Claim Settlement Ratio: 94%
  • Self-Inspection: Easy & hassle-free video claims via Selfie App
  • Voluntary Deductible: Cost effective option to lowest your car premium.
  • Faster Claim Service: They have settled 98% of claims in the fiscal year 2019-20.
  • OD+TP Coverage: choose a comprehensive policy& get both own damage and third party.
  • Digitally Inclined: Buy, inspect or renew online anywhere-anytime.
Features of Reliance Car Insurance

Additional Discounts offered by Reliance Car Insurance:

  • Voluntary Deductible: This is a cost-effective option that allows you to lower your premium by agreeing to pay a minimal cost while claiming. Opting for this helps in lowering the premium, therefore, the higher the deductible amount, the lower will be your car insurance premium.
  • AAI Benefit: AAI stands for Automobile Association of India through which you can avail discounts & benefits if you are a member of the AAI club.
  • Anti-theft devices: Anti-theft devices are tools installed to protect the vehicle from theft. If your car has anti-theft equipment, you can get a discount as it enhances the security of the vehicle and will lower the insurance premium as well.
  • No Claim Bonus: No Claim Bonus is a reward offered to car owners for not claiming in the previous year, this discount can be collected over time since it increases with each claim-free year, starting from 0% and up to a maximum of 50% after five claim-free years.

Types of Car Insurance Policies under Reliance Car Insurance:

Reliance Insurance offers car insurance plans to cover your vehicle against any damages that may be incurred to you or by your vehicle. Motor insurance plans keep you financially protected in case of an unfortunate accident that may cause disability, property damage, or death. You can ensure your car and stay financially protected.

  • Private Car Insurance Policy
  • Comprehensive Car Insurance Policy
  • Own Damage Car Insurance Policy
  • Third Party Car Insurance Policy

Types of Car Insurance Policies under Reliance Car Insurance

1. Reliance Private Car Insurance Policy:

Reliance Private Car Insurance Policy can be tailor-made to ensure any private vehicle. Reliance 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.

Types of coverage:

a.) Own Damage: This policy covers any damage or loss to the owner’s car due to any of the following things:

  • Accident Fire
  • Lightening
  • Self-Ignition
  • Explosion
  • Theft, Riots & Strikes and/or Malicious Acts and Terrorism
  • Earthquake, Flood Cyclone
  • Inundation Transit by Rail, Road, Air & Elevator

b.) Third Party or Liability: This policy is mandatory by the Motor Vehicle Act 1988, it is provided by Reliance Private Car Insurance Policy which covers any injuries or property damages to the third party.

c.) Personal Accident Cover: 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

Optional Covers:

  • Passenger Personal Accident cover: Passenger Personal Accident cover can be availed with 100 Rs/person for a Sum Insured of Rs.2, 00,000 for each of the occupants.
  • Legal liability for Paid driver: Liability cover with a premium of 50 Rs/annually for the paid-driver

2. Reliance Comprehensive Car Insurance Policy

A comprehensive Car Insurance policyprotects you and your vehicle against several risks along with third-party liabilities. Any damage caused to the vehicle due to an accident, theft, natural calamity, or man-made disaster is covered. Likewise, the death of the driver and/or passengers inside the vehicle in the event of an accident is covered. Though not a mandatory policy, it is advised to have comprehensive car insurance coverage for your vehicle.

Benefits:

  • Damage to your vehicle is covered
  • Damage due to fire is covered
  • Damage due to natural causes is covered
  • Comprehensive car insurance covers theft
  • Damage to third-party vehicles is covered
  • You can cover these add-ons like Personal Accident Cover, NCB protection, Engine protection, and Return to Invoice Cover in the reliance comprehensive car insurance.

3. Reliance Own Damage Car Insurance Policy

This is the best car insurance cover which also covers your vehicle from any kind of damage even due to natural calamity. This means that it will have a higher premium. As the car grows older the IDV decreases and premium decreases too. It is calculated by the percentages of IDV.

Benefits:

  • Damage to your vehicle is covered
  • Damage due to fire is covered
  • Damage due to natural causes is covered
  • Comprehensive car insurance covers theft
  • You can cover these add-ons like Personal Accident Cover, NCB protection, Engine protection, and Return to Invoice Cover in reliance on your damaged car insurance.

4. Reliance Third party Car Insurance Policy

This policy covers any bodily injury or death or property damages of any third party that may arise out of an accident with your insured car. The Motor Vehicle Act mandates having this car insurance policy for every car owner, and in its absence, you will have to pay a penalty if caught by the traffic police. The policy does not cover any damage that is done to your vehicle.

Benefits:

  • Damage to third-party vehicles only is covered
  • You can cover this add-on Personal Accident Cover in the policy.

Compare Reliance Car Insurance Plans in India:

Third-Party Comprehensive Own Damage
Damages/Losses to own car due to an accident
Damages/Losses to own car in case of fire
Damages/Losses to own car in case of a natural calamity
Damages to Third-Party Property /Vehicle
Personal Accident Cover
Injuries/Death of a third-party person
Theft of your car
Doorstep pick-up & drop
Customize your IDV
Extra Protection with customized add-ons
Own Damage of Car
Third Party Bodily Injury

How to Renew Expired Reliance Car Insurance Policy?

  1. You can renew the policy via 3 platforms, namely, Selfi App, RGI website, or by visiting your nearest branch
  2. Fill or re-check your basic details, like, your contact number, policy number, registration number, and so on. We recommend you keep your documents handy for convenience.
  3. In case of break-in (renewal due for over 90 days), an extra step of self-inspection via the selfi App is added, after which you have to wait for the renewal.

Reliance Car Insurance Add-ons/Riders:

You can enhance your Reliance 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 Reliance car insurance policy is mentioned below:

  • NCB Retention Cover: After accumulating your No Claim Bonus (NCB) percentage over the years, if you make a claim, the percentage drops to nil and you have to start over. When you opt for this adds on and make your 1st claim, your NCB percentage will remain unaffected.
  • 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 Reliance 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.
  • Daily Allowance Benefit: This add-on compensates the travel allowance to the policyholder when his/her car is under repairs for more than 3 days in an authorized network garage.

How to Renew Reliance Car Insurance Online Policy?

It is important to renew it before the expiry date. Usually, Reliance car insurance offers an easy online renewal facility. You easily renew your Reliance car insurance policy online in a matter of a few clicks. You can opt out of the features that you don’t want to avail of and save some premium. You can also opt for the benefits that you were missing from your policy. Reliance Car Insurance Renewal online of the insurance policy online is the simplest way.

  • You can go for the online renewal on the website of the company.
  • To renew the policy online you need to provide current policy details, such as policy number, Name, Vehicle registration number, e-mail address, and contact details.
  • Then you can have a premium calculation and if you proceed with the payment it will carry you to the payment gateways.
  • As soon as you pay the premium, your policy is renewed.
  • Then, proceed to the premium payment. If need help calls Reliance car insurance customer care number: +91 22 48903009.
  • You can pay the premium through Visa or MasterCard, Credit and Debit Cards, RuPay Debit Cards, payment through Internet Banking, E-Wallets / Cash Cards, UPI, & IMPS.

How to Buy/Renew Reliance Car Insurance With PolicyBachat?

At PolicyBachat.com renew a Reliance 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.

How to Claim Reliance Car Insurance Online?

To register claims with the Reliance Insurance Company, Filing a claim online for your car insurance is quite an easy process. You need to follow the steps mentioned below:

  • Immediately contact the policy issuance office and Inform Reliance Insurance about the accident/theft/third-party claim. You can do the same by visiting the official website of the company.
  • To initiate the claim process, you must inform us as soon as possible and share with us the details about the accident and damage.
  • You should file an FIR to register the accident at the nearest police station. It will help if you can note the time, take photos and videos of the damage, and save some contact details of key eyewitnesses.
  • Once you file the claim and submit the required documents, we will assign an expert for the verification process and estimate the expenses that might arise from the repair.
  • You will have to take the car to one of our network garages if you opt for the cashless facility. Here, you won't have to pay upfront for the repairs. The bills will be settled directly by us and the payment made to the service center will be based on the car insurance policy wording.

Documents Required for Reliance Car Insurance Online:

For accidental injuries:
  • The policyholder should immediately send a written notice to the insurance company with all relevant documents.
  • The claim form should be duly filled in and submitted along with the following documentation:
  • Medical certificate that specifies the nature of the injuries
  • Report from the medical examiner
  • Details of the treatment availed
  • Name of the hospital/nursing home/doctor
  • Employer’s certificate that states that the policyholder was on leave for the duration specified in the claim
  • Fitness certificate of the policyholder
For accidental death: The following documents need to be submitted by the claimant in the event of accidental death:
  • FIR or police report
  • Post-mortem report
  • Panchnama
  • Departmental inquiry, if applicable
  • Report from the hospital/nursing home/doctor
  • Death certificate

The Reliance car insurance claim process is easy and hassle-free if you follow the guidelines and report the incident on time. The insurer also resolves all claims and makes the necessary pay-outs within the shortest possible time.

For theft:
  • If your car has been stolen, you should immediately inform the office from where the policy was issued.
  • You should also submit a written notification to Reliance Insurance.
  • The insurer will then designate a surveyor for investigations. It is also necessary to notify the police and file an FIR.
  • Any delays in notifying the police or the insurance company may jeopardize the claim settlement process.

Exclusions of Reliance Car Insurance Claim Process:

A car insurance policy does not promise that your claims will be settled by the insurer. Your claim request can get rejected in the following situations:

  • Drunk Driving: If you are caught driving under the influence of alcohol or any other intoxicating drug, you will not be covered by the car insurance policy. It is also a punishable offense.
  • Depreciation or any consequential loss: Any subsequent damage, which may occur as a result of the original damage, is not covered. Similarly, loss due to depreciation of the car's value is not a part of the policy coverage. It's important to note that the depreciation cover is not applicable in cases of theft or total loss claims.
  • Damage due to negligence: If your car gets damaged because of negligent behavior, like driving it through a waterlogged lane or if the damage seems intentional, the policy will not cover you
  • No requisite add-on cover: Some damages are covered only if you have a certain add-on cover. In absence of that, the standard car insurance policy will not cover such damages
  • Normal wear-and-tear of the car parts and any mechanical or electrical breakdown is not covered
  • Loss or damage due to war or nuclear risks is also not covered in car insurance
  • The fixed amount that gets deducted at the time of the claim, known as a compulsory deductible, will not be paid by us.

How is a Reliance Car Insurance Premium Calculated?

The premium of Reliance car insurance depends on several factors viz. type, IDV of vehicle, make, model, cc, usage, place of registration, past claims history, etc. of the vehicle. You can approach the underwriting office with vehicle details for an exact premium or simply use a car insurance premium calculator.

How is a Reliance Car Insurance Premium Calculated

Vehicle owner's age:

The individuals between 18 to 25 years of age have to pay more premium amounts than the others.

Fuel Type:

The premium for a CNG type vehicle is higher than that of petrol of diesel type vehicles.

Geographical Location:

A lot depends on where you drive your car. An area with a higher density of traffic like cities will have higher car insurance premium rates.

IDV:

Insured Declared Value (IDV) is the maximum amount to be paid to the insured person in case of any damage. This is decided by RTO details, brand, selling price, and affects own damage cover.

Cubic capacity:

The cubic capacity of your car will affect the premium rate you pay to get your vehicle insured.

Other factors:

Factors like car insurance add-on covers, discounts, the purpose of the vehicle, and safety features such as airbags and anti-theft devices will also be taken into consideration while calculating your car insurance premium. Below are a few premium samples for your better understanding.

Car Model Prices IDV Premium Zero depreciation cover
Toyota 37.89 lakh 10. 34 lakh 3558 36757 View Plan
Ford 5.99 lakh 4.03 lakh 2158 13,962 View Plan
Renault 4.49 lakh 2.19 lakh 879 7004 View Plan
TATA 4.60 lakh 4.23 lakh 1390 14,398 View Plan
Hyundai 5.02 lakh 3.98 lakh 2096 15,398 View Plan
Skoda 3.26 lakh 2.23 lakh 1894 8,388 View Plan

Reliance Cashless Garages in India:

FAQs of Reliance Car Insurance:

How to Check Reliance Car Insurance Policy Status?

Reliance Car Insurance Policy Status can be checked by contacting the intermediary from whom the policy was taken or the insurance policy status can be found on the mParivahan app which displays the start date and end date of the insurance policy. If you can remember the intermediary from whom the policy was taken you can talk to them about the status of the policy or in case if you have taken the policy from PolicyBachat then you can call our customer care to enquire on the insurance policy status.

How to Download Reliance Car Insurance Policy?

Reliance Car insurance policy copy can be checked by contacting the intermediary from whom the policy was taken or the reliance car insurance policy download can be found on the mParivahan app which displays the start date and end date of the insurance policy. If you can remember the intermediary from whom the policy was taken you can talk to them about the status of the policy or in case you have taken the Reliance general insurance policy from PolicyBachat then you can call our customer care to enquire on the insurance policy.

Is Reliance Car Insurance Good?

Yes, Reliance Car Insurance is good. It has the best claim settlement ratio along with providing bumper to bumper for 10 years ad also they have the lowest premium in the market. If you are at fault in a car accident, the motor liability coverage required on your car insurance policy helps pay for covered losses, such as the other party’s medical bills and damage to their vehicle or property that results from the accident.

Does Reliance Car Insurance Cover Rat Damage?

Yes, Reliance Car Insurance Cover rat damage. Rat-bite damage coverage in motor insurance is covered under the own damage section of the comprehensive car insurance. Rat damage insurance claim is admissible under the Own damage section of the Car insurance as the damage is caused by Accidental and visible external means.

How Do I Check My Reliance Claim Status?

You can check Reliance claim status from our online portal of car insurance or call:1800-123-4003. Reliance Car insurance policy status can be checked by contacting the intermediary from whom the policy was taken or alternatively the insurance policy status can be found on the mParivahan app which displays the start date and end date of the insurance policy. If you can remember the intermediary from whom the policy was taken you can talk to them about the status of the policy or in case you have taken the policy from PolicyBachat then you can call our customer care to enquire on the insurance policy.

Compare Car Insurance quotes for the Reliance car insurance policy on our website. Buy/Renew Reliance Car Insurance policy and get discounts offered by the company on our portal, if need Help/Assistance/Insurance advisor Call: 1800-123-4003.

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