Shriram Car Insurance FAQs

Shriram General Car Insurance policy offers the following add-on covers:

• Zero Depreciation Cover
• Daily Reimbursement
• Return to Invoice
• Personal Belongings:
• Emergency Transport and Hotel Expense
• Key Replacement
• Multicar Rebate

The incurred claim ratio of the Shriram General Insurance Company is 69%

Customers can check their car claim status online by visiting the official website at https://www.shriramgi.com/insurance-claim-status-online.html . Enter the required details and all the details of the car claim shall be displayed on your screen.

Customers can download their Shriram General Insurance Car Policy from the official website. Just click on https://www.shriramgi.com/Motor_Policy_Pdf.html from here you can easily download the PDF version of the car insurance policy.

The car insurance claim will be settled within 7 days from the date of submission of all the required documents.

No, Shriram General Insurance Company does not offer a pay-as-you-drive car insurance feature.

You can renew your Shriram car insurance coverage on your smartphone or other smart devices by using the Shriram insurance app. 

If you do not renew your policy on time, you will need to do so within 90 days of the policy expiry date. Failing to do so will result in a policy getting lapsed. You will then need to buy a new policy whose premium will be greater. 

It would be beneficial if you renew your existing Shriram policy within the time frame specified by your insurer. This will help keep NCB and other benefits intact.

Yes, you can update your auto insurance policy by adding or cancelling add-ons or other modifications on the renewal date. But such modifications will also depend on the permission from Shriram.. Shriram car insurance policies can be altered prior to policy renewal. 

The mode of Shriram car insurance renewal is up to you and your convenience. Both options are equally excellent when it comes to service and timely responses from Shriram. 

Yes, you can use the Shriram insurance app on your smartphone or device to register a Shriram car insurance claim. 

The insured declared value (IDV) is the market value of the car payable while raising Shriram car insurance claim. However, Shriram would deduct the depreciation amount that will apply to various car parts.

It is best to save your claims for major damages. This would assist you in obtaining the NCB, resulting in premium discounts on renewal.

You can find a list of Shriram-registered repair garages on the company's official website. Cashless claims can be made at any of these garages.

A surveyor is someone who inspects the damaged vehicle and verifies the legitimacy of the policyholder's claim. 

Shriram  Insurance's toll-free number is 1800-3000-6116, which is open 24 hours a day, seven days a week for client queries and other services. However, the number could change with time, so you are advised to refer to the insurance company’s website too for authentication.

Yes, you can go to the local Shriram car insurance branch office and inquire about making modifications to your policy document. 

The E-Vahan Bima service is governed by the Insurance Regulatory and Development Authority of India (IRDAI). With this, you can check the details of your Shriram car insurance policy. document.

The following details must be examined on an automobile insurance policy document: 

• Type of insurance 
• Policy number 
• Policy terms and conditions 
• Premium payment term
• Policy duration 
• Personal information 
• Car specifications 

If you misplace your policy document, you can redownload it from your email address. You can also repeat the process of obtaining the hard copy described above. 

Yes, filing a claim for minor damages will prevent you from receiving a no claim bonus (NCB) from Shriram.

The personal belongings rider would cover the loss of items such as clothing, audio and video CDs, etc. 

The extent of the extra premium will depend purely on the policy wordings you get from Shriram while purchasing its car insurance policy. 

A 0% depreciation cover is not available for vehicles more than five years old. 

Add-ons to a third-party car insurance coverage are not available. 

Yes, you will have the electric and electronic accessories covered at Shriram comprehensive by paying a little extra premium.

Yes, at the time of policy renewal, you can change your insurer to Shriram Finance and buy comprehensive policy. 

You can download "MY SGI" from the play store on your mobile and pay using that.

It depends upon the below factors-

• IDV of your car
• Territorial Area
• Car's age
• Engine cubic capacity of the car
• Add-on

The premium amount is calculated based on the below factors-

• Car’s age
• Engine’s cubic capacity
• Territorial area
• Insured declared value

Yes, you can request a representation from the insurance company for settlement in the courts.No, you cannot include add-on covers to your basic third-party car insurance policy.

Yes. In fact, you should apply for renewal a few days before your original policy expires.

Even if someone else was driving your car, you would still be eligible to file for the claim. 

No, a third-party does not offer the facility of a no claim bonus (NCB). But moreover, it is a fundamental policy that an owner must obtain to comply with the regulatory requirements.

A zero depreciation cover cannot be purchased in addition to third-party car insurance. 

Yes, automobile owners with high-end vehicles must purchase this coverage because they are more likely to face greater expenses in the event of an accident owing to depreciation. 

More than five-year-old autos acquired offline are also eligible for 0% depreciation. 

Yes, a zero depreciation car insurance add-on would cover fibreglass depreciation. 

You can renew your Shriram Car insurance coverage online. 

Even if you have a standalone car insurance policy of Shriram, you will still need to buy a third-party liability cover, which is mandatory to buy as per the Motor Vehicles Act, 1988. But buying Shriram comprehensive car insurance covering third-party liabilities as well as own damage is recommended.

If you purchase an expensive high-end car, your premiums would be high and vice versa. This is because a high-priced car model would incur substantial costs in the event of an accident. In exchange for such tall costs, Shriram will charge a greater premium for you to pay. 

People who live in highly populated places are more likely to be involved in accidents and mishaps. Insurance companies, such as Shriram, take this into account when determining the premium amount for such policyholders. The higher the likelihood of accidents, the higher the premiums. 

In the event of a total and irreparable loss of the vehicle, the Shriram standalone car insurance would cover all the policyholder's related expenses. 

A Shriram standalone car insurance policy can be renewed easily online. You’ve got so many options to choose from, including net banking, UPI, wallet, debit card, credit card, etc. And if you wish to do it offline, you can do that as well by cash, cheque or demand draft.