Car Insurance Companies List In India
Icici lombard is one of the top private general insurance firms in india.
Car insurance companies list in india. Its car insurance policy offers coves third party liabilities as well as loss damage caused to your vehicle in accidents theft fire explosion natural disasters and theft. Following is the list of insurance companies in india which have been approved by the insurance regulatory and development authority of india irdai which is a statutory body regulating and promoting the insurance and re insurance industries in india. United india car insurance. A brainchild of icici bank icici lombard has a stronghold in the insurance market especially for car insurance.
The insurance products offered by the insurer can be categorised into health travel motor home marine etc. Established in 1956 this is a state owned enterprise which offers a huge and diverse variety of life insurance products such as endowment plans money back plans term assurance plans pension plans unit linked plans children plans group schemes special plans and many more. Universal sompo car insurance. One good parameter to compare different insurance policies is.
The features and benefits of hdfc ergo car insurance company are the company has a large customer base of more than 1 crore policyholders which signifies that the company enjoys great trust. 1 life insurance companies. Bajaj allianz general insurance company limited. Here s a complete list of the benefits offered by the best car insurance companies in india.
Considering the wide array of available car insurance policies it is often a challenging task to choose the best car insurance policy. New india car insurance. Hdfc ergo general insurance company limited. Lic is the oldest and most trusted brand amongst the best life insurance companies in india.
Bajaj allianz began its operations in the year 2001. A minimum of third party liability insurance is necessary to avoid being penalised by law. Besides it also offers personal accident cover to the owner driver. To make your work a little bit easier here are the top 10 car insurance firms for the year 2019 20.
Bajaj allianz general insurance company is among the top 10 best car insurance companies in india. Hdfc ergo general insurance co. Car insurance companies in claim settlement ratio currently there are as many as 25 general insurance companies authorised by the insurance regulatory and development authority of india irdai. Motor insurance companies in india motor insurance companies in india the motor vehicles act 1988 makes it mandatory for all vehicles on indian roads to have a valid motor insurance policy.
Bajaj allianz is basically a joint business enterprise between bajaj finserv limited and allianz se. Icici lombard gic ltd.