Bangalore, Mar 09: Amazon Pay announced the expansion of its vehicle insurance portfolio, extending its low prices on cars and two wheelers through its partnerships with HDFC ERGO, ACKO and ICICI Lombard providing seamless nationwide coverage. Customers can now find the right plan for their vehicle insurance directly through Amazon Pay and secure insurance for their vehicles in a simplified manner.
More than 250 million two-wheeler owners and 30 million car owners nationwide can now purchase vehicle insurance at competitive prices with ease, in just a few minutes through the Amazon app. The service eliminates common friction points—significantly reducing the need for physical inspections of two-wheelers, digital issuance, and no sales calls while processing the policy. Customers also gain access to cashless claims processing at more than 9,000 network garages across India, subject to policy terms, extending convenient service from metros to Tier 2 and Tier 3 cities including Coimbatore, Kota, Gwalior, Jamshedpur, Jhansi, Udupi, Sambalpur, Alwar and Bharatpur.
“Amazon Pay strives to innovate for every Indian, simplifying lives and fulfilling aspirations by solving for their payment and financial needs. Our latest expansion of the vehicle insurance portfolio is a direct reflection of that commitment. With more than 70% of India’s registered two-wheelers uninsured, we are focused on driving deeper insurance penetration into tier 2 and tier 3 cities where access has been limited by partnering with India’s most trusted insurers to bring a comprehensive cashless garage network, we are not just offering a service—we are providing a critical safety net for millions of road users and helping to build a more financially secure society.” said Vikas Bansal, CEO of Amazon Pay India
The insurance journey has been designed to be seamless and entirely digital with no requirement for a physical vehicle inspection for two-wheelers. Customers enter their vehicle registration number, select their preferred coverage level and complete the purchase in a few steps. The policy is processed in just a few minutes and is made instantly available on their Amazon orders page for easy access and reference. The entire process is 100% digital issuance. Additionally, customers can make seamless payments through Amazon Pay while enjoying additional cashback benefits.
Benefits of Amazon Pay Vehicle Insurance:
- Competitive premiums
- Compare and choose from multiple insurer options
- Digital onboarding with minimal sales interference
- Exclusive discounts on insurance premium for Prime members by the insurer
