Insurance Balaji Automobile


Address of Regional Offices



There is danger at every corner when it comes to Indian roads. Your brand new vehicle, and it gets hit by someone who mistakes a highway for space, and his car for a space shuttle. Insurance can pay for your financial loss, at least.
We give you the various insurance schemes, details about what is insured, the Comprehensive Cover, Third Party Insurance and much more.
Other online services include insurance online service. Get your vehicle insured online, and drive without a worry. Also read on about the major insurance companies.

Insurance - Policy


Any light motor vehicle used for social, domestic and pleasure purposes and for the insurer's business.

  • Loss or damage by accident, fire, lightning, self ignition, external explosion, burglary, housebreaking or theft, malicious act.
  • Riot and strike, terrorism, earthquake, flood, cyclone and inundation
  • whilst in transit by rail, road, air, elevator, lift, Perils under
  • can be deleted and a discount in premium availed.
  • Liability for third party injury/death, third party property and liability to paid driver.
  • On payment of appropriate additional premium, loss/damage to electrical/electronic accessories, PA cover for drivers, insured or any named person, unnamed passengers can also be taken.
  • Certain discounts in premia are also available.

  • Individuals and corporate owners of the private cars and the financier of the car having insurable interest in it.

    Own Damage

  • Actual amount spent for repairs/replacement subject to depreciation and sum insured as per survey report.
  • Garaging and Towing charges - up to Rs. 1000/-.
  • Damage to tyres (when vehicle is also damaged) - 50 % of cost of replacement.
  • In case of total loss, market value at the time of loss or sum insured whichever is less.

  • Death or bodily injury to third parties - Unlimited
  • Death or bodily injury to any person carried in the car provided they are not insured employees and not carried for hire or reward - Unlimited
  • Liability to paid driver - As per W. C. Act.
  • Third party property damage - up to Rs. 6000/-.
  • All costs and expenses incurred with company's written consent.
  • In case of death of the Insured/any person entitled to indemnity for a liability incurred under this Policy,his personal representative will be indemnified, as in the case of insured,if he observes all conditions as the insured himself.


  • Consequential loss, depreciation, wear and tear, mechanical and electrical breakdown, failure or breakage.
  • When vehicle is used outside the geographical area, when used contrary to limitation as to use, driven by a person other than the driver stated in driver's clause.
  • War perils, nuclear perils and drunken driving.
  • Comprehensive Insurance


    About Comprehensive Insurance Cover This type of insurance covers all the risks covered in the Motor Vehicles Act (as above), plus loss or damage caused to the vehicle due to :

  • Accident.
  • Fire, Explosion, self-ignition, lightning.
  • Burglary, house-breaking, theft.
  • Riots & strikes.
  • Earthquakes.
  • Flood, typhoon, hurricane, storm, cyclones.
  • Malicious acts.
  • Terrorism.
  • Transit by rail/road. air, waterways.
  • Also included is the Towing charge (up to Rs.1,500/- for private vehicles and Rs.2,500/- for commercial vehicles) incurred due to accident to the vehicle.

    This insurance does not cover loss or damage caused due to :

  • Driver being under intoxication.
  • Vehicle being driven by a person not holding an effective, valid licence.

  • Damage to tyres (unless the vehicle is also damaged).
  • Wear & tear, mechanical breakdown.
  • In the case of Comprehensive Insurance Cover, for the purpose of premium, vehicles are categorized as follows :

    This is used for personal purposes. The premium is computed on the following basis :

  • Geographical area of use and cubic capacity

    .
  • Value of the vehicle. Accessories are to be specified separately under electrical and non-electrical items.

  • This is used for personal purposes only. Premium is calculated on cubic capacity and value of vehicle. Accessories are to be specified. Theft of accessories is not covered, unless the vehicle is stolen at the same time.

    This is a vehicle used for hire and is classified into :

  • Goods-carrying commercial vehicle: In this case premium is calculated on carrying capacity -gross vehicle weight and value of the vehicle. Accessories extra, as specified.
  • Passenger-carrying commercial vehicle: In this case premium is calculated on carrying capacity of the vehicle -Number of passengers and value of the vehicle. Accessories extra, as specified.
  • Third Party Insurance

    The basic types of auto insurance coverage include :

  • Third Party Insurance.
  • Comprehensive Insurance.

  • Third Party Insurance covers :

  • Personal Injury.
  • Property damage.

  • Liability for death or injury to third parties - This means that you are insured against death or injury (caused by your vehicle) to pedestrians, occupant of other vehicles, and outsiders other than passengers, for unlimited amounts. Passengers of private vehicles and pillion riders are also deemed covered.

  • Liability to employees connected with operation of the vehicle - This means you are insured against death or injury (caused by your vehicle) to the vehicle's drivers, cleaners, conductors, coolies etc. , employees used in the operation of the vehicle.
    Liability to passengers carried in the vehicle for hire or reward - this means that as an owner of a taxi, bus or auto - rickshaw, you are insured against death or injury (caused by your vehicle) to the passengers.