Brand new Car
SBI's car insurance plans protect your car against multiple risks and damages, including natural calamities. Third-party damages/losses and legal liabilities are also covered.
SBI car insurance from "SBI General Insurance" serves millions across India through its 1,500+ strong cashless garage network and 24x7 roadside assistance.
Features &Advantages of SBI General Car Insurance
SBI Car Insurance Policy&Variants
1] Motor Private Car Insurance
2] Motor Act Only: Private Car (Long Term) Insurance Policy
SBI Motor Insurance: Add-OnCovers
*Extra premium could be charged for these add-ons.
Exclusions of SBI General Motor Insurance
SBI General Insurance for Car: Discounts
SBI Car Insurance Premium
The premium for your car insurance policy is based on factors such as IDV, the make/model, year of purchase, registration and the city.
One can compare policies and plans by visiting SBI General Insurance's official website. Alternatively, you may use established online insurance comparison portals such as www.Quickinsure.comto explore quotations, simplify and speed up the process of buying car insurance.
SBI Car Insurance Renewal&Application
One can apply for/renew a car insurance policy by viewing and comparing quotes online through insurance comparison platforms such as www.Quickinsure.com.
SBI Car Insurance Review
SBI car insurance is widely acknowledged as a trusted name when it comes to securing you, your car against uncertainties and risks arising from third-party damages and losses. Ground-level market knowledge, reach and spotless reputation makes SBI the go-to choice for many looking for affordable and practical car insurance coverage.
SBI Car Insurance: FAQs
Q: What is IDV?
Insured Declared Value. It is based on the manufacturer’s selling price adjusted for depreciation. In case of a constructive/total loss, the depreciation percentage to be adjusted for arriving at the IDV is based on the age of your car. 5% (up to 6 months), 15% (6 months to 1 year), 20% (1 to 2 years), 30% (2 to 3 years), 40% (3 to 4 years), 50% (4 to 5 year) and as agreed between the insurer and the insured for cars over 5 years old (and obsolete makes).
Q: Can I renew my other car's insurance with SBI?
Yes, you can!
Q: How can I pay a premium for my SBI car Insurance?
You may pay your premium through branch banking/online banking/debit/credit cards or net banking.
Q: What are the documents required for making a claim?
Car insurance policy document, your RC copy, claim form and driving license.
Q: Please explain the claim settlement process of SBI car insurance.
In case of cashless claims, you may have to pay the respective proportion of the loss towards depreciation, deductibles or excess, charges towards the repairs authorised by one and take the delivery of your car.
If the repairs are carried out in any garage, you will be required to pay bills to the garage and submit the originals to the SBI General local office with all the relevant documents for timely reimbursement.
Irrespective of damages caused, the insured individual should never fail to inform the insurance company. An FIR must be furnished with other claim documents in case of an accident with a third party, injuries or damages.
The toll-free number: 1800 22 1111, SMS "CLAIM" to 561612 or email your details to email@example.com for your claim/reference number.
Disclaimer: The information shared is purely indicative. Please refer to the policy wordings for most up-to-date and precise details.