Top 10 Car Insurance Companies in India

In India, traffic rules have become very rigid now. Heavy fines are being levied on the defaulters. How can one forget to buy insurance. Driving without insurance can land you up with Rs 2000 fine or/and 3 months in jail. It becomes imperative to buy/renew your car insurance. There are always apprehensions as to which company we should get insurance from.

Insurance is contract with company and insurer. All companies sue customers with lucrative offers. One only get to know about reality of company when he met with any loss, theft or damage. Every insurer have apprehensions about the dealing of company in case required.

Belief is paramount. Here we bring you the list of Top 10 Car Insurance Companies in India, you can rely upon. Personnel experiences may differ but these companies have proved them self time and again.

1. New India Assurance

New India Assurance Company has marked its presence in almost every small town in India. Its offices are everywhere and approachable. Company was nationalized in 1973 and now operates in 28 countries. The company is in conjunction with major car companies which will help you in case required.

2. National Insurance

National Insurance company was nationalized in 1972 and the belief continued. Dealing of customer care and passing of claim is very smooth. The company is reliable and time tested. A big player in Car insurance sector.

3. United India Insurance Company

United India Insurance Company is also a big name which can be relied upon easily. The company was originated from General Insurance Company of India.

4. The Oriental Insurance Company Ltd.

The Oriental Insurance Company Ltd. is a public sector general insurance company of India. The company is also deep rooted in India. The reliability factor of the company is quite high.

5. Bajaj Alliance

Bajaj Alliance was founded in 2001 and has proven itself as a reliable name in the car insurance market. Car insurance plans by Bajaj Alliance like 24/7 roadside assistance, cashless claim settlement, and hassle-free claim settlement are awesome and reliable.

6. TATA AIG

Tata AIG General Insurance Company Limited is an Indian general insurance company and a joint venture between the Tata Group and American International Group (AIG). The company was also founded in 2001 and since then provided excellent services. Tata AIG is known for professional efficiency with human tinge.

7. IFFCO-TOKIO

IFFCO-Tokio General Insurance is joint venture between the Indian Farmers Fertilizer Co-operative (IFFCO), which is one of the world’s biggest cooperative society, and Tokio Marine Group, which is also the largest listed insurance group in Japan. The company was incorporated in 2000. Company holds good record of providing reliable insurance products and services that work for you ‘real time’.

8. Bharti AXA

Bharti AXA General Insurance Company Ltd. is a joint venture between Bharti Enterprises and AXA business Group that operates in India. The company was incorporated in 2008 and is comparatively younger but holds good records pertaining to losses and damages to your car as well as third-party cover.

9.Reliance General Insurance

Reliance General Insurance Company Limited is an Indian private company founded by Reliance Anil Dhirubhai Ambani Group in 2000. The company is known for quick easy and reliable service. The company holds excellent experience in helping customer financially in case of any unfortunate occurrence.

10. ICICI Lombard

ICICI Lombard General Insurance Company is known for providing highest coverage in reasonable prices. Company provides smooth and eased process of claim. Company customer care is courteous in solving problems. Lombard has become one of the trusted names in the market, synonymous with trust and reliability.