Having a motor insurance is mandatory for all car/vehicle owners and drivers in India. Third party car insurance is mandatory in India under the Motor Vehicles Act, 1988. But it is advisable to get comprehensive insurance for your vehicle. A comprehensive car insurance plan not only covers a vehicle against any loss/damage to a third party (driver/vehicle/property) caused by you but also against any loss/damage caused due to natural/man-made calamities Saves. Along with this, every insurer offers a host of valuable add-ons on the basic plan to make the coverage even more effective.

Top Car Insurance Companies Cashless Garages Network Incurred Claim Ratio 2021-22 (%)
Bajaj Allianz Car Insurance 4000+ 68.53
Cholamandalam Car Insurance 6900+ 65.05
Digit Car Insurance 1400+ 79.54
Zuno (Edelweiss) Car Insurance 1000+ 84.61
Future Generali Car Insurance 2500+ 62.43
HDFC ERGO Car Insurance 6800+ 74.66
IFFCO Tokio Car Insurance 4300+ 84.12
Kotak Mahindra Car Insurance 1000+ 82.67
Liberty Car Insurance 4300+ 62.84
National Car Insurance NA 90.68
New India Assurance Car Insurance 1100+ 91.00
Oriental Car Insurance NA 97.95
Universal Sompo Car Insurance NA 91.32
Reliance Car Insurance 3700+ 75.57
Royal Sundaram Car Insurance 4600+ 85.76
SBI Car Insurance 5400+ 93.58
Shriram Car Insurance 1500+ 72.97
Tata AIG Car Insurance NA 74.51
United India Car Insurance 700+ 98.90
Raheja QBE Car Insurance 1000+ 92.55
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