A complete list of the best car insurance companies in India in 2020

The diverse nature of India offers the present car insurance market with a plethora of options, whether be it choosing the best car insurance companies or be it determining its several factors. Buying car insurance can still be an overwhelming task as it involves a lot of calculations and is about choosing the best. But you can rationalize the process by choosing the best car insurance companies, by checking the insurance policies of some of the top insurance providers, so that your expectations match your wishlist.

Best car insurance companies in India in 2020

New India Assurance Car Insurance

When it’s about choosing the best car insurance companies for 2020, the New India Assurance Car Insurance company has made itself to the top. It is a multinational general insurance company that is currently operating in 28 countries and has its headquarters in Mumbai. New India Assurance Car Insurance company has been in operation for more than 40 years and is one of the oldest general insurance companies in India.

In general, the company offered two hundred and thirty types of insurance plans and policies. The car insurance provided by the New India Assurance Car Insurance company is among one of the best, and it offers the benefit and coverage in all general aspects of motor insurance. Some of the features of New India Assurance Car Insurance policy includes the following features:

● Engine protect cover
● Return to invoice
● Coverage for No claim bonus protection
● Nil depreciation coverage
● Inclusion of road tax cover
● Loss of content cover

HDFC ERGO Car Insurance

HDFC Ltd and ERGO International AG have come into a joint venture to provide the best car insurance policy to the customer. The company has a growing network across India and has a presence in 91 cities. In the recent past, some of there popular car insurance scheme has made them popular in India and is among the best car insurance companies. They have not only brought various car insurance schemes but also provide a lot of additional opportunities to the customer. Some of their highlighting features are given below:

● No documentation
● Provides various kinds of discounts based on age and profession.
● Offers fast claim settlement process
● A dedicated customer support team that provides 24/7 service.
● Provides cashless settlements at more than 1600+ network garages in India.

United India Car Insurance

The company started its operation in 1938 and has a strong network across the country, offering quality insurance solutions to its customers. It does not only has 1300 office across India but also have the workforce of 18,300, which is by far the largest in terms of employee holding. The United India Car Insurance is one of the trusted and best car insurance companies in India. It also has a network in several tier ll and tier lll cities in India. Some of the features of the United India Car Insurance policy includes the following:

● The claim settlement ratio is 91.72%
● It is one of the most trusted insurance companies for providing reliable service to the customer.
● Provides the facility of cashless garage loans
● It includes coverage for personal injury and third party liability

TATA AIG Car Insurance

TATA AIG car insurance company is relatively younger if compared to most other insurance companies and is founded in 2011. Despite being a new entrant, the company managed to capture a large size of the auto insurance market and is among the best car insurance companies in India. Last year, Tata AIG insurance was awarded the best prize for being the leading employer and provider of mobile application service. Availing TATA AIG car insurance service will give you the following benefits:

● Provides personal accidental coverage
● Compensate loss or damage of vehicle against human-made defaults
● Compensate loss or damage of vehicle against natural calamities
● Third-party legal liability

Shriram Car Insurance

If it is about getting a better comprehensive car insurance policy than Shriram has some best policy quotes to offer. It offers an all-round solution to the car insurer by providing complete security and protection against both the internal and the external factors. Currently, the add-on benefits and better car insurance features of this company make it among the top car insurance companies in India. So, check some of the benefits provided by the Shriram car insurance policy:

● Coverage against loss or damage to your vehicle.
● Offers unlimited coverage against the third party liability
● It also provides compensation if your vehicle causes ‘Third-party’ property damage.
● Compensate loss or damage of vehicle against human-made defaults.

Choose the Best that gives you a plethora of options

There are a plethora of options in the car insurance market. So, in terms of choosing the best car insurance companies, it is always better to go through the list of various car insurance providers and their schemes. You may or may not get an all-round solution from a particular company, but keeping in the minds of your requirements may help you to find the better among the best car insurance companies in India.

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