Best auto insurance companies in India. Yes this article is all about Top 5 best motor insurance companies in India. Insurance of any motor vehicle like Car and Motorcycle is very important for future safety and also legally. It is compulsory to have a third-party motor insurance under Indian Motor Act.
Some times many faces car accident but forget to renew their car insurance policy. It will cost them a big financial loss. But if they pay the amount of their car insurance premium on regular basis, it will provide them financial protection against damage. So it’s wise to get a an insurance policy for every motor vehicle you own.
For this, We are providing you with Top 5 best auto insurance companies in India.For building this list we have considered many factors like customer satisfaction, network, support, discount, payment option and some other factors.
Top 5 Best Auto Insurance Companies In India
ICICI Lombard General Insurance is a privately held and biggest general insurance company from India. In terms of customer satisfaction, ICICI Lombard beats all its competitors for auto insurance. Some of key services offered by this are below:
- Over 2900 network garages across India
- Online transactions
- Doorstep Surveyor facility
- Towing assistance
- If your car is in garage, you get daily allowance
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Tata AIG General Insurance is new young player in the market. But still it mange to get Best Claim Service company in 2013. It is on second position. It has an impressive percent of share in auto insurance market in India. Some of the key benefits provide by this company are:
- Car pick up is free
- Claim settlement in 7 days
- Special add-ons
- Cashless settlement at network garages
3. Oriental Insurance Co. Ltd.
Orient Insurance Co. Ltd is another insurance company owned by government of India. You can asses it effectiveness of its service by award give to it like best public general insurance award’ and ‘best bank and financial institution award’. It also got iAAA rating by ICRA. Key features are listed below:
- Highly reputed and reliable
- Fast claim settlement
- Special add-ons
New India Assurance Co. Ltd is the leading auto insurance company in India and fully owned by Indian Government. It has got a good international presence and backed by strong capital and infrastructure. Some of impressive points of this insurance company are below:
- Reputed and Reliable company
- Claim will done in just 3 days
- Grievance resolved within 15 days of receipt and more
Bharati Axa Insurance company is one the leading and best auto insurance company in India. For auto insurance, provides great satisfaction. Some of the key points of it are lists below:
- Get discount while online purchase
- Free service from approved garages
- Got many expenses
- And more
If you are looking for any car assurance or for any auto insurance in India, you should first consider this list of best auto insurance companies in India. Only these insurance companies can provide customer satisfaction.