If you are going to buy a new car then this is obvious that you will buy an insurance policy for your car and if you have searched on the internet for insurance companies then you come to find that there are several companies which are assuring best service so I am telling you about best car insurance companies.today I have written this article for clearing your confusion just continue to read all choose the company which better suits you.
If you don’t know about insurance terms then you can read this and get all information about insurance.
Best car insurance companies in India
1.Bajaj allianz general insurance co limited.
Bajaj Allianz is one of the most popular leaders in terms of car insurance in India as they provide you full coverage of theft, accident and third party damage to your car.This will provide you the best service for protecting your car against any type of loss or accident.a large number of experts say that Bajaj car Allianz provides the best service in terms of customers satisfaction, cashless claim, and feature-rich policies.visit the official site for more information.
Facilities provided by Bajaj car Allianz
- provide you with Doorstep surveyor policy.
- they provide cashless claim in over 1500+ of workshops.
- providing 24*7 towing assistance in case of breakdown.
- you can purchase policies online with Bajaj Allianz.
- the company will provide you with lock/key replacement cover.
- they will update you everything on your mobile phone.
what they will provide:
- third part coverage up to 7.5 lakhs.
- claim ratio-71.36%.
- provide you personal accident cover.
- they have the network of around 4000 workshops.
- you will get no claim bonus of up to 50%.
2.Tata AIG general insurance co limited
Tata AIG was established in 2011 as even being a young company it managed to take a large part of the insurance industry as it provides some best services like hassle-free claim. they provide insurance to both individual or a corporate.the Tata AIG comes with some attractive add-on benefits that will be useful for you during your insurance period.visit the official site for more information.
Facilities provided by Tata AIG general insurance co limited
- policy has the benefit of 6 months warranty on repairs.
- facility of free car pick up will be provided to you.
- dealers will provide you the direct settlement at their special garages.
- they will give you the settlement of a claim in no more than 7 days.
- unique add-on features:-
- TATA AIG has zero depreciation plans.
- you will get protection from loss of personal belongings.
- they will give you key replacement plan.
- service of emergency transport and hotel expenses plan.
what they will provide:
- third-party coverage of up to 7.5 lakhs.
- claim ratio of 75.63%.
- they have personal accident rate plans.
- you will get access to a network of about 2000 garages.
3.The Oriental Insurance co limited
oriental insurance is one of the best company when y.ou are seeking for car insurance.This company is owned by a central government and headquartered in Delhi and has almost 1800 branches across India.car insurance is one among the financial products provided by oriental insurance co limited.This will help to save your hard earned money from being stolen.oriental insurance is one the insurance company which has an iAAA rating by ICRA, indicating its strong framework.visit official site for more information.
Facilities provided by oriental insurance co limited
- one of the most reliable names in motor insurance that protects your assets financially.
- insurers have the facility of nil depreciation cover that means if your vehicle is partially damaged then the company will pay you the cost of the damaged part or vehicles.
- it has the personal belonging protection that means if any of your belonging is lost in your car then you will be given the amount equal to the amount of the belonging.
- the company will give you a very good facility of the alternate car that means in case your car is damaged then it will require some time to repair it then the company will give you another car for that period of time for your personal use.
4.The New India Insurance co limited
New India is the company which is managed by the government of India.this company has one of the best insurance policies for its customers.This company has a strong infrastructure, strong capital, and human resource.This brand has an international presence and is well known for being a pioneer in introducing innovative insurance products.This well-known company is not even popular in India but also internationally.visit the official site
Facilities provided by The New India Insurance co limited
- This company will take a decision on claims within the duration of three days.
- the company will appoint surveyor for you within 48 hours of application.
- within this company, the grievance will be acknowledged within the time span of three days.
- the grievance is resolved for the duration of 15 days.
5.HDFC ERGO General Insurance co limited
HDFC ERGO is the top notch brand for buying a motor insurance This company totally focuses on the needs of the user and it also has some great notable benefits.This company has one of the highest claim ratios among all the private motor insurance companies.This company is ISO rated for its operations and its claim processes have been certified by ICRA.It has given the award of the best company in the year 2013.visit the official site for more information
Facilities provided by HDFC ERGO General Insurance co limited
- company will make you get access to 3400+ authorized garages across India for the cashless claim.
- HDFC ERGO has the great facility of online booking.
- you will get access to a large number of discount.
- great help support team which will assist you 24*7.
The brief comparison between all these companies:
|facilities||Bajaj allianz general insurance||TATA AIG general insurance||The oriental insurance||The New India insurance||HDFC ERGO General insurance|
|THIRD PARTY COVERAGE||up to 7.5 lakhs||up to 7.5 lakhs||up to 7.5 lakhs||up to 7.5 lakhs||up to 7.5 lakhs|
|Claim ratio(in %)||71.63||75.63||75.63||98.78||90.35|
|Personal accident rate||yes||yes||depends on sum insured||depends on sum insured||up to 2 lakhs|
|No claim bonus(NCB)||upto 50% existing policy||yes||yes||yes||3 claims in a year|
Now I have given you the information about top five companies which are contributing a large portion of the insurance industries.if you are going to buy the insurance then compare the companies and choose the company which suits you best and from which you can get better service.If you have any query then you can always comment your queries in the comment section I will surely help you by giving the appropriate solution.if you are interested in such type of articles then you can follow my page www.cheapcarinsurance.com because I write these types of posts daily.