Top 4 Car Insurance Companies in India 2021

Top Car Insurance Companies in India 

The sole purpose of a car insurance company is to provide its customers the best car insurance plans that are unique in terms of feature and coverage and protect their vehicle from any unforeseen events such as accident, fire, disaster, impact with animals,s and so on.

But not all car insurance companies in India hold the same record in terms of the services they offer and specifically claim settlement ratio. Here are some of the best-rated car insurance companies in India 2021.

Top 4 Car Insurance Companies :

1.     HDFC ERGO General Insurance Company Limited

HDFC ERGO General Insurance Company Ltd. is formed with the combination of HDFC Ltd., ERGO International AG.  HDFC ERGO provides a vast policy ranging from Health, Motor, Home, Travel, and Personal Accident as well as modified products like Marine, Property, and Liability Insurance in the corporate sector. The company has 7400+ Cashless Network Garages in India where you can get cashless repairing facility.

HDFC ERGO General Insurance Company Ltd. provides multiple benefits for buying a car insurance from them such as online motor insurance policy buying option, easy and transparent claim settlement process etc. The auto insurance policies by HDFC ERGO provides coverage against own damage, any damage done to your vehicle resulting from external means, terrorism, fire, natural disaster, depreciation, personal accident cover, calamities, and third-party liability.

2.     ICICI Lombard GIC Limited

ICICI Lombard GIC Ltd was born as a result of joining hands between ICICI Bank Ltd. and Fairfax Holdings Limited. The company has 4300+ network garages all over India. ICICI Lombard GIC Ltd. car insurance covers your vehicle against various damage or loss such as calamities – manmade and natural, personal accident, third party liability, etc. The company offers all the emergency services with their motor insurance policies starting from flat tire repairing to emergency battery jump you name it. ICICI Lombard GIC Ltd. is one of the leading car insurance companies in India 2021.

3.     United India Insurance Company Limited

United India Insurance Company Limited was incorporated on 18 February 1938 and thereafter it was nationalized in the year 1972. The company offers motor insurance policies for all vehicles ranging from two-wheelers to commercial vehicles to private cars. Various car insurance plans are offered by United India Insurance Company Limited. The company holds a good reputation in terms of treating and valuing their customers rightly. United India Insurance offers discounts to their car insurance policy buyer and also offers No Claim Discount (NCB) the percentage of which ranges from 20% to 50%.

4.     The Oriental Insurance Company Limited

In the year 1947, The Oriental Insurance Company Limited was formed into a legal corporation. The insurance company offers car insurance policies that cover third-party liabilities, accidental damages, all of which come with different add-on covers. The Oriental Insurance Company Limited offers insurance coverage for 1 year period with additional coverage like zero depreciation cover, alternative car benefits, free emergency benefit services, and loss of personal effects. You can get further knowledge about their car insurance policies through their website. You can also buy or renew an auto insurance policy from their online portal as well.