Car Insurance - A Case Study on Bajaj Allianz General Insurance Company Limited

Motor Insurance, a fascinating branch of insurance, had its beginning in U.K. in the early part of this century; the first motor car was introduced into England in 1984. The first motor policy was introduced in 1895 to cover third party liabilities in India. By 1899 accidental damage to the car was added to the policy, thus introducing the comprehensive policy along the lines of the policy issued today. In 1903 the Car and General Insurance Corporation Ltd was established mainly to transact motor insurance followed by other companies.