CRED Garage offers premium comparison, renewal reminders, digital claims initiation, and concierge support.
CRED has expanded its motor insurance offerings by adding Bajaj Allianz General Insurance, Tata AIG, and United India Insurance as new partners on its CRED Garage platform. The fintech company now offers seven insurance providers to its members, including existing partners ACKO, ICICI Lombard, Zurich Kotak, and Digit.
The platform has facilitated insurance coverage for over 10 lakh vehicles without coverage lapses to date. CRED Garage currently manages 1.1 crore vehicles and provides services including premium comparison, policy renewal reminders, digital claims initiation, and dedicated concierge support.
The platform’s unique selling proposition lies in its dynamic pricing model, which offers better premium rates to members with higher credit scores, leveraging creditworthiness as an indicator of responsible behaviour.
Dr. Tapan Singhel, MD & CEO of Bajaj Allianz General Insurance, emphasised the correlation between good credit scores and responsible driving behaviour. Saurabh Maini from TATA AIG highlighted the partnership’s role in reaching tech-savvy audiences, while Lipika Kalra from United India Insurance described the collaboration as a milestone in the company’s digital transformation journey.
CRED serves over 1.5 crore affluent Indians and restricts access to individuals with high credit scores. Beyond insurance, CRED Garage offers comprehensive vehicle management services including challan discovery, pollution certificate renewal, FASTag services, and vehicle valuation.
Published on July 31, 2025
