Your car is more than a mode of transportation—it’s your everyday partner on the road. And just like you service your vehicle regularly, it’s also important to review and upgrade your car insurance renewal. Many car owners renew their policies without giving it a second thought, sticking with the same insurer out of habit. But here’s a smart tip—renewal time is the best time to consider switching your car insurance provider.
Whether it’s to get better coverage, more savings, or improved services, switching during renewal can make a big difference. And with the power of comprehensive car insurance, you can enjoy enhanced protection, tailored add-ons, and round-the-clock support—all in just a few clicks.
Why Renewal Time Is the Right Time to Switch?
Car insurance renewal is your chance to review your plan and fix what’s not working. You are under no obligation to stick with your current insurer once your policy ends. Renewal is your window to explore better options without penalties or paperwork delays.
Let’s understand the top reasons why switching car insurers at renewal is a smart move, especially if you want comprehensive car insurance that actually works for you.
1. Better Premiums for the Same or More Coverage
If your premium has increased year over year without any added benefits or claims from your side, it’s time to compare. Different insurers offer different premium quotes for similar plans. When you compare online, you may discover that switching insurers gets you better protection at a lower price.
With TATA AIG, for instance, you can:
- Use the online car insurance premium calculator
- Customise your comprehensive car insurance policy
- Choose your IDV (Insured Declared Value) smartly.
- Add relevant riders and get a precise premium quote instantly.
Bottom line? You can get more by paying less, without compromising on benefits.
2. Retain Your No Claim Bonus (NCB)
One of the biggest misconceptions about switching insurers is that you’ll lose your No Claim Bonus (NCB). This is false. NCB is linked to you, not your insurer.
NCB can be transferred when you shift to a new insurer during car insurance renewal
You can retain up to a 50% discount on your premium if you’ve had five consecutive claim-free years
So if NCB is your concern, rest easy—switching doesn’t mean starting from zero.
3. Access to More and Better Add-Ons
Your old insurer may have offered only a limited set of add-ons. TATA AIG, for instance, offers 20 powerful add-ons that can be added to your comprehensive car insurance policy at renewal time.
Popular add-ons include:
With TATA AIG, you can enhance your car insurance policy with a range of add-ons designed to provide comprehensive protection for your vehicle. Here are some of the most popular add-ons:
1. Zero Depreciation Cover
This add-on ensures you receive the full cost of parts repaired or replaced without any depreciation deductions. It means you get full reimbursement for parts like bumpers, tyres, batteries, and plastic components, without any reductions.
- Benefit: Full payout on replaced parts
- Recommended for: New cars (up to 5 years old)
2. Engine Secure
Engine damage can occur due to factors like water ingression or oil leakage. The Engine Secure add-on covers the cost of repairing or replacing engine components, such as the gearbox, differential assembly, and lubricants—even when damage is not caused by an accident.
- Benefit: Coverage for engine, gearbox, transmission, and lubricants
- Recommended for: Drivers in urban areas or flood-prone regions
- Excludes: Fuel-related issues
3. Roadside Assistance
Whether you experience a flat tyre, dead battery, or run out of fuel, the Roadside Assistance add-on offers instant help anytime, anywhere across India. This add-on ensures you’re never stranded, providing 24/7 support for your vehicle.
- Benefit: Towing, fuel delivery, flat tyre replacement, and more
- Applicable anywhere in India
4. NCB Protection
A No Claim Bonus (NCB) helps reduce your premiums after a claim-free period. With NCB Protection, you can keep your bonus intact even after making a minor claim, so you don’t lose your premium discounts.
- Benefit: Retains your No Claim Bonus even after a minor claim
- Recommended for: Careful drivers who want to preserve their premium discounts
5. Return to Invoice
In the unfortunate event of your car being stolen or declared a total loss, the Return to Invoice add-on reimburses the difference between your Insured Declared Value (IDV) and the original invoice price, including registration charges and road tax.
- Benefit: Full reimbursement of the original invoice value
- Recommended for: Brand-new cars
- Applicable: In case of theft or total loss
4. Avoid Unnecessary Charges and Hidden Fees
Sometimes, loyalty to one insurer can cost you more than you realise. Renewal is the time to evaluate:
- Are there hidden service charges?
- Is the deductible unfairly high?
- Are claim settlements delayed?
- Is there poor post-sale service?
5. Faster and Simpler Claim Settlements
One of the main reasons people switch is due to a bad claims experience. If your current insurer:
- Delays in claim settlement
- Rejects claims without a clear explanation
- Has complicated documentation requirements
…it’s time to move.
TATA AIG is known for:
- Hassle-free online claim intimation
- Cashless repairs at 5,900+ garages
- A strong claim settlement ratio that reflects our commitment to helping you in times of need
At renewal time, it’s wise to choose a provider that won’t make you run in circles when you need support the most.
6. Greater Transparency Through Online Tools
If your existing insurer doesn’t allow you to easily view, modify, or renew your policy online, it’s time to shift to a modern insurer. With us, you can:
- Compare comprehensive car insurance plans easily
- Modify IDV and add-ons
- Calculate your premium
- Complete your car insurance renewal in minutes
Plus, your renewed policy is sent instantly to your email and WhatsApp—no paperwork required.
7. Better Customisation and Flexibility
Your needs may have changed since you last bought insurance:
- Have you moved to a flood-prone area? Add Engine Secure
- Do you use your car daily? Add Roadside Assistance
- Are you worried about total loss? Choose Return to Invoice
If your current provider doesn’t allow you to customise your policy, it’s time to switch.
8. Renew Lapsed Policies Without Hassle
If your previous insurer has made it difficult to renew a lapsed policy, switch to an insurer that simplifies the process.
- You get a 90-day grace period after expiry
- You can renew lapsed car insurance online without inspection (in most cases)
- You retain your NCB if renewed within the grace period
Even if your policy has expired, you can switch and still protect your savings and peace of mind.
9. More Garage Network and Service Reach
A widespread garage network is crucial for hassle-free claim service. TATA AIG, for instance, has:
- 5,900+ authorised cashless garages across India
- A dedicated team of claim professionals is available nationwide, ensuring efficient service and support. Real-time tracking and instant updates are provided via mobile and web.
If your current insurer limits your repair options, you deserve better coverage with wider reach.
10. Avoid Car Inspection Delays
When you delay car insurance renewal, some insurers may insist on vehicle inspection—even for minor lapses.
Even expired policies can be renewed online:
- Just input your car registration number
- Choose your comprehensive car insurance plan
- Upload minimal documents if required
- Skip physical inspections in most cases
Final Thoughts
Car insurance renewal is your chance to step up. Don’t just blindly renew your policy—use this opportunity to switch to a provider that values your time, your trust, and your safety.
With comprehensive car insurance, you don’t just get basic coverage—you get peace of mind, customisation, powerful add-ons, and world-class support. So if your current insurer isn’t delivering the experience you deserve, renew smarter.
Protect your drive. Protect your future.
