Top 6 car insurance companies in India
In India, if you own a vehicle, it is compulsory to get it insured. With the rise in the number of cars on the roads, car insurance has become one of the most popular and sought-after products. While investing in car insurance, it is important to check several factors, such as the claim settlement ratio, policy coverage, add-ons, etc. That's why we have brought the top 6 such companies It will be easier for you to get insured.
1. Acko General Insurance
2. Tata AIG Insurance
3. Go Digit Insurance
4. HDFC Ergo Car Insurance
5. IFFCO-TOKIO General Insurance Company
6. ICICI Lombard Insurance Company
1. Acko General Insurance
Acko General Insurance is emerging as one of the best insurance companies. They offer up to eight types of car insurance plans to cater to the needs of a wide set of customers. Their insurance procedure is almost paperless with minimum document requirements. Moreover, their claim settlement process is quick, and they provide good customer support in case of need.
2. Tata AIG Insurance
TATA AIG’s Comprehensive Car Insurance Policy provides coverage for own damage and protection against third-party damage. The policy also comes with 12 add-ons such as zero depreciation, return to invoice, No Claim Bonus (NCB), daily allowance, emergency roadside assistance, etc. Moreover, they also offer personal accident coverage of up to Rs.1 lakh for co-passengers.
3. Go Digit Insurance
Go Digit Insurance offers its customers a pick-up-repair-drop facility for their damaged vehicles. This unique service offered by Go Digit makes it one of the sought-after insurance companies. Their plans are available at low cost and their claim process is hassle-free.
4. HDFC Ergo Car Insurance
The HDFC Ergo Comprehensive Car Insurance provides up to 12 add-on covers to its customers with a personal accident coverage of up to Rs.15 lakh. The policy also comes with zero depreciation cover, and up to 50% discount on policy renewal premiums under NCB. Their claim process is hassle-free and requires minimum documentation.
5. IFFCO-TOKIO General Insurance Company
IFFCO-TOKIO is a reputed company in the insurance sector with a claim settlement ratio of up to 95%. Their insurance policy covers personal accidents, third-party insurance, and damages and provides up to eight customizable add-ons. Moreover, their policy comes with zero depreciation and 100% coverage for metal parts and fiber.
6. ICICI Lombard Insurance Company
Everyone from the insurance sector must have heard the name ICICI Lombard due to its brand value. Backed by ICICI Bank Limited and Fairfax Financial Holdings Ltd. insurance company has verified reviews about them offering car insurance online and low-cost facilities, consequently becoming a low-cost car insurance company.
0 Comments