Insurance is like a spare tyre. You may not require it, but not having one is not an option.

Top 5 Car Insurance Companies In India 2018

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The new year has dawned. New year is the time people make life-changing resolutions and a wishlist to fulfill in 2018. If buying a car is in your wishlist this year, it is important to know more about car insurance and leading car insurance companies in India apart from knowing the best cars plying the Indian roads. Buying a car insurance is not a choice but a legal obligation you should abide by. Under the Indian Motor Act, it is mandatory for every car owner to have a valid third-party car insurance.

While buying a car insurance make sure you buy the most comprehensive one. While many car insurance providers offer basic car insurance plans, it is wise to choose a car insurance that not only covers the damages made to your vehicle or the damages caused by you to a third-party, but to choose a car insurance plan that covers the loss or damage caused to your car by natural or man-made calamities. Most of the car insurance plans available in the market can be customised to suits one’s requirements. Choose your add-ons wisely and make sure your set of wheels has the best protection. While you are researching about the best cars available in the market, we have listed the top 5 car insurance companies in India in 2018. In no particular order, take a look at the most reputable car insurance companies:

ICICI Lombard GIC Ltd:

ICICI Bank Limited joined hands with Fairfax Financial Holdings Limited and launched ICICI Lombard GIC Ltd. With more than 3,500 network garages across the country, ICICI car insurance policy covers loss or damage to your vehicle against natural calamities, loss or damage to your vehicle against man-made calamities, personal accident cover, and third-party legal liability. From emergency battery jump start service and towing to minor repairs and fixing a flat tyre, ICICI Lombard GIC Ltd. offers it all. Also known for their simple, hassle-free claim procedure, ICICI Car Insurance is one of the leading car insurance companies in the year 2018.

HDFC ERGO General Insurance Company Ltd:

The union of HDFC Ltd., India’s premier Housing Finance Institution and ERGO International AG gave birth to HDFC ERGO General Insurance Company Ltd. Whether you are looking for motor insurance, health insurance, or travel insurance, HDFC ERGO General Insurance Company Ltd. offers it all. They offer private car insurance, two-wheeler insurance, liability-only policy, and commercial vehicles insurance. As an HDFC ERGO insurance customer, you can enjoy cashless claim service at more than 3,400 authorised garages in the country. Some of the benefits of buying car insurance from HDFC ERGO General Insurance Company Ltd. include 24 hours approval time, online purchase option, customer service for any queries on motor insurance, and transparent claim settlement process. HDFC ERGO Motor Insurance policy covers own damage to the vehicle caused by external means, fire, terrorism, natural calamities, man-made calamities, depreciation, personal accident cover, and third-party legal liability.

United India Insurance Company Ltd:

Incorporated in the year 1938, United India Insurance Company Ltd. is a nationalised, government-owned insurance company. They offer insurance for private cars, two-wheelers, and commercial vehicles. They offer several car insurance plans. Customers can even customise these plans to suit their requirements. They are known for treating their customers right, their discount policy is a proof for this. Customers can also claim No Claim Bonus from 20% to 50% depending on the number of claim-free years. They also offer automobile association membership discount, discount for anti-theft devices, and discount on use of vehicles within insured's premises.

The Oriental Insurance Company Ltd:

The Oriental Insurance Company Ltd. was incorporated in the year 1947. Car insurance offered by them covers accidental damages, third-party liabilities, and come with various add-ons. With 1 year insurance coverage period, The Oriental Insurance Company Ltd. offers extra coverages like nil depreciation cover, loss of personal effects, alternative car benefits, and free emergency benefit services. You can know more about this car insurance policy by visiting their website. You can also buy or renew your car insurance policy online.

Tata AIG General Insurance Company Limited:

In the year 2000, Tata Group and American International Group (AIG) formed Tata AIG General Insurance Company Limited. The company offers various services like health insurance, travel insurance, and motor insurance. Car insurance offered by Tata AIG General Insurance Company Limited is known for enhanced protection through their well-designed add-on covers, cashless claims or direct settlement at garages, no claim bonus, and roadside assistance. Customers can choose from their 12 unique add-on covers to personalise their car insurance plan that suits their requirements.

Let 2018 be the year you choose the best car insurance provider for your dream car. Get a comprehensive car insurance plan today and stay secure.


  • In Case You Missed It....

    How Much Do You Know About India’s New Traffic Rules?

    The Lok Sabha recently approved an amendment to the Motor Vehicles Act, 1988, which is essentially the Bible of road rules in India. This proposal is expected to improve the safety of commuters on the roads, and is referred to as the Motor Vehicles (Amendment) Bill 2016. The changes include increase in fines for traffic violations, automated testing for obtaining driving licenses, encouragement for commuters for assisting accident victims, and comprehensive road safety rules. These changes could reduce the casualties of road accidents by up to 50% by the year 2020.

    This article elaborates on the highlights of the Bill and the revised penalties for traffic offenses. It also provides an overview of the basic road rules that should be followed in the country.

News About Car Insurance Companies In India

  • SIAM, ACMA, VDA host road safety conference in New Delhi

    The Society of Indian Automobile Manufacturers in collaboration with Verband der Automobilindustrie and Automotive Component Manufacturers Association of India organised a conference on Safer and Sustainable Road Transportation in New Delhi. This conference was very important for India as the country has one of the worst road accident statistics in the world. The event focused on taking immediate steps to introduce new legislation and technology aimed to reduced the increasing number of road accidents. According to the latest data, close to 4,64,910 accidents were reported all around the country. These accidents caused injuries to 4,70,975 persons and 1,47,913 deaths. This roughly translates to 1,290 and 405 from 1,274 accidents every day. Almost 53 are injured and 16 killed every hour on Indian roads. India is planning on creating a real-time accident database that will work by collecting GPS based data. The Indian government using the help of SIAM is also working on a scrappage policy for end of life vehicles. Consultation with the states about this issue will soon be completed and a decision will be made.

    14 December 2018

  • 2018 Mercedes-Benz CLS released in India

    The all-new Mercedes-Benz CLS is released in the Indian market on 16 November 2018. This new model is the 3rd-generation car of the Mercedes Benz CLS. It is having a sleek design with a sloping roofline and frameless doors. Apart from receiving the signature tail lamp cluster of Mercedes Benz with a split 5-spoke 18-inch alloy wheel which is painted in a silver shade, this car has got several other cosmetic revamp. The new CLS gets Stage VI(BS VI) compliant 2.0-liter engine delivering maximum 242 bhp and peak torque of 500 Nm. The starting price of the new model is Rs.84.7 lakh in its ex-showroom. The immediate competitors of this luxurious coupe are upcoming new-gen Audi A7 and the BMW 6 Series Gran Coupe.

    13 December 2018

  • Tata 45X hatchback to be launched in August 2019

    Tata Motors has not stopped after the launch of the highly anticipated SUV, the Tata Harrier. They have unveiled their latest Auto Expo stunner - the 45X hatchback. The production model of the Tata 45X will make its way to the Indian market in August 2019. The car has been spied recently with camouflage. However, a number of details on the car have been revealed.

    The production model of the 45X hatchback is identical to that of the concept. It will sport the new Impact Design 2.0 language. The design consists of the inset grille which stretches to merge with the large headlamp unit and thus, form a single design element. The car comes with chunky 4-spoke alloy wheels. The interior of the 45X is expected to have the largest touchscreen infotainment system in the segment. This will be accompanied by analogue dials and a T-shaped centre console along with AC vents. The hatchback will be powered by a 1.2-litre petrol engine for the petrol trim of the car. The diesel trim will receive a 1.5-litre diesel engine. Both the trims are expected to come with 6-speed manual transmission systems. A twin-clutch gearbox system is also under the development process. Once it is launched, the Tata 45X hatchback will lock its horns against the Maruti Suzuki Baleno, the Hyundai i20, and the Honda Jazz.

    12 December 2018

  • Hyundai Expected to Launch Pocket-Friendly All-Electric Car Soon in India

    Electric vehicles will soon dominate the face of the Earth with their smooth functioning technology and increased sensitivity. On these lines, Hyundai has recently made huge plans of introducing electric vehicle in India. Hyundai began with the unveiling of the Kona electric SUV in the Geneva Motor Show, which is the star company’s first all-electric vehicle to ever have been driven on the roads.

    While the Indian market is still awaiting the arrival of the Kona electric SUV, Hyundai has recently announced that it is soon going to launch another electronic vehicle in the country for Indians to enjoy. The Kona electric SUV is currently priced at Rs.25 lakh which is not a very reasonable amount for the pocket of the average Indian. The new electric vehicle that Hyundai is now planning to launch will be relatively more pocket-friendly and will therefore be more affordable.

    The body or make of the vehicle has not been decided by Hyundai as of yet, however, Hyundai’s MD & CEO Y K Koo reportedly believes “We will review both sedan and SUV (body types) but I think chances for bringing an SUV are much higher.” This launch falls in line with the scheduled short stint of the company at the 2018 Sao Paulo International Motor Show in Brazil, where it is expected that Hyundai will come up with an electric SUV that is smaller in size, and it will be named the Saga EV.

    6 December 2018

  • Specs of the Soon-to-be Launched Ertiga Leaked Ahead of its Launch

    Less than 2 weeks ahead of its launch, there have been several sightings of the new Maruti Suzuki Ertiga. The sightings have revealed a significant overhaul in terms of the external design of the car.

    Some of these changes include a more squared-off front end, a sportier grille, new chrome accents, and slimmer headlamps. The lights on the rear end of the car seem to emulate those seen on most Volvos. Additionally, there have also been a number of features such as an infotainment system, a flat-bottom steering wheel, and a new instrument cluster.

    Maruti Suzuki has already opened bookings for the new Ertiga, which is scheduled to be launched on 21 November 2018.

    3 December 2018

  • Aston Martin Launches the Vantage at Rs.2.95 Crore

    Aston Martin has launched its sports car, Vantage, in India. The car has been priced at Rs.2.95 crore. The car will be handled by Aston Martin dealer, Infinity Cars. Aston Martin has only 20 units on sale.

    The entry-level sports car that is built on the next-gen platform. The platform consists of 70% bespoke components. It is the first offering from the British carmakers to be fitted with an electronic rear differential. The exterior features of the car include a wide mesh signature grille, deep body creases in the front and a long hood.

    Under the hood, the car is powered by a 4.0-litre, twin-turboV8 petrol engine which offers peak power at 510 ps at 6,000 rpm. It comes with an 8-speed gearbox and can go from 0-100kmph in 3.5 seconds.

    16 November 2018

  • The Special Edition of the Maruti Suzuki Swift has been Launched at Rs.4.99 Lakh

    Maruti Suzuki has launched the special edition Swift in the Indian market and it has been priced at Rs.4.99 lakh. The launch of the new Swift is has been launched to make the most of the purchases made in the upcoming festive season.

    This variant of the Swift comes with a single din Bluetooth stereo system, reverse parking assist, and dual airbags. The car is available in both a pertrol and diesel variant and comes with 5-speed manual transmission.

    12 November 2018

  • Hyundai Motor leads in car exports in the April-August period

    Hyundai Motor India, the Indian subsidiary of the South Korean auto giants, has reclaimed its title as the largest exporter of cars and SUVs for the period of April to August 2018. During the 5-month period, Hyundai Motor India has exported around 71,645 vehicles during the time period. This denotes an increase of 23% in the export in comparison to the same time period last year. Ford India, on the other hand, witnessed a drop of 12.5% in their exports during the same time period.

    Hyundai Motor exports motorcars and SUVs to 88 countries from India. Africa, Latin America, Australia, the Middle East, and the Asia Pacific are some of the biggest importers. The company said that the Hyundai Grand i10 and i20, in particular, have a lot of demand in Africa and Latin America. Their compact SUV, Hyundai Creta is a hit across the globe. The mid-size Hyundai Verna is an extremely popular car in the Middle East.

    7 November 2018

  • Volkswagen T-Roc SUV showcased at Chengdu Motor Show 2018

    Volkswagen has recently showcased their new SUV, the T-Roc, at the ongoing Chengdu Motor Show 2018. The SUV is based on the automaker’s MQB platform which can be found in the latest iteration of the Volkswagen Polo as well. The T-Roc is the latest addition in the SUV family line of Volkswagen. Volkswagen India does not have an immediate plan to launch the SUV here in India. However, once the low-cost MQB-AO-IN platform rolls out, the company might consider launching the SUV in India. The SUV is a front wheel drive and will get all-wheel drive as an option on the top variant.

    The car gets six engine variants to choose from - 3 petrol versions and 3 diesel variants. The petrol engines range from 1.0-litre TSI to 2.5-litre TSI. The diesel engines range from 1.6-litres TDI to 2.0-litre TDI. The engines are clubbed with a 6-speed manual or a 7-speed DSG automatic transmission system. The front end of the vehicle is clad with LED DRLs, sleek headlamps, and a grille with twin horizontal slats. The rear end gets LED tail lamps. The alloy wheels are dual-tone. The car also comes with a large touchscreen infotainment system that can be found on the latest Polo as well.

    31 October 2018

  • 5 brand new seven-seater cars to be seen on the Indian roads

    As opposed to the inclination towards buying hatchbacks, the Indian consumers have now shifted their focus towards crossovers, SUVs, and compact sedans. A number of new vehicles belonging to the creed of Sports Utility Vehicles (SUVs) and Multi Utility Vehicles (MUVs) are to be found on the Indian roads pretty soon. By the end of this year, at least 5 new SUV/MUV will be launched in India. All of them from the production line of different automobile makers.

    The Mahindra Marazzo is one of the latest entrants in the market. It is powered by a 1.5-litre turbocharged diesel engine that can deliver around 125 brake horsepower and about 300 Newton-metres of torque. The Datsun GO+ is getting a facelift and is expected to be launched by the end of October 2018. Powered by a 1.2-litre petrol engine, the GO+ is clubbed with a 5-speed manual transmission. Maruti Suzuki had planned the launch of the new Ertiga in the month of August 2018. However, the plan was altered and the car will be launched during the festive season in October. Next in the queue is the CR-V from the house of the Japanese automobile giants, Honda. The updated CR-V is expected to come with a load of new updates, including a brand new 1.6-litre diesel engine variant that will produce 120 PS of power and 300 Nm of torque. The end of the year will witness the launch of the XUV 700. Another mammoth vehicle from the house of Mahindra & Mahindra. The XUV 700 is a new flagship which is a rebadged version of the Ssangyong Rexton G4. The XUV 700 will be packed with a number of new and updated safety features. It will also come with some first-in-class features including heated/ventilated seats.

    26 October 2018

Car Insurance Reviews

Page 1 of 50 1 2 3 4 5
  • Tata AIG Car Insurance
    "Excellent Service"
    0.5 5.0/5 "Blown Away!"
    It has been a good insurance policy and the premium has been paying annually. The premium amount has been nominal and the payment method has been easy. I had not yet made any claims so far and there has been cashless garages available as well....
    Was this review helpful? 0
    , bangalore
    Reviewed on Dec 14, 2018
  • Universal Sompo Car Insurance
    " Good protection for four wheeler"
    0.5 4.0/5 "Great!"
    All policies with Unviersal sompo, whenever I call they respond well on the toll free helpline. The policy covers fully my car compared to other insurer, the beginning it was zero depreciation plan, they gave me the insured declared value.
    Was this review helpful? 0
    , bangalore
    Reviewed on Dec 14, 2018
  • L and T Car Insurance
    "Its Good"
    0.5 4.0/5 "Great!"
    The dealer gave me L & T general insurance policy for my car the premium amount is nominal for the tenure of one year, I have old Tokyo Innova, hence I took comprehensive and third party cover, they do have road side assistance and 24 hours services on time.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Dec 14, 2018
  • ICICI Lombard Car Insurance
    "Good protection for four wheeler"
    0.5 5.0/5 "Blown Away!"
    From ICICI lombard I have taken car insurance for Hyundai I20, first time when I paid the around Rs. 25,000 when it was new car, now recently I paid is around Rs. 17,000 now its been 2.5 years old. The plan is called zero depreciation, with road side assistance, 24 hours services.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Dec 14, 2018
  • Bajaj Allianz Car Insurance
    "Low premium with better benefits"
    0.5 5.0/5 "Blown Away!"
    One more policy taken for my another car its Maruthi dezire I paid the premium around Rs. 4000 its a old car, around 6 to 7 years, I have comprehensive plan its not zero depreciation plan. The customer service is good the premium is low and the max cover is nice.
    Was this review helpful? 0
    , new delhi
    Reviewed on Dec 13, 2018
  • Bajaj Allianz Car Insurance
    "Low premium with better benefits"
    0.5 5.0/5 "Blown Away!"
    My both the polices are insured with Bajaj Allianz, I have taken one policy for my Maruthi Ciaz car, I paid the premium was around Rs. 8000, I have taken the comprehensive it covers for the loss, damage, other natural disaster, hence I am fine with them.
    Was this review helpful? 0
    , new delhi
    Reviewed on Dec 13, 2018
  • Tata AIG Car Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I hold a car insurance with TATA AIG general insurance from last 10 months, a premium of Rs 16000 has to be paid for this insurance policy. There was no claim experience so far with this insurance and this policy has full coverage with 0% depreciation.
    Was this review helpful? 1
    , bangalore
    Reviewed on Dec 11, 2018
  • Tata AIG Car Insurance
    "Complete protection with Tata Aig"
    0.5 5.0/5 "Blown Away!"
    I approached Tata Aig through their agent, he have taken initiative to generate the policy on time, I have received the policy document on time, the premium amt around Rs. 11k for one year, I have road side assistance with engine protection, tier cover with best insured value.
    Was this review helpful? 0
    , keonjhar
    Reviewed on Dec 10, 2018
  • Royal Sundaram Car Insurance
    "Good Product"
    0.5 4.0/5 "Great!"
    For my Maruthi car I took Royal sundaram general insurance through dealer I have approached the premium is reasonable, I don't think its a comprehensive plan. Once I had claim I met with the accident, there was a car damage, they gave 70% of claim, remaining I paid from my end.
    Was this review helpful? 0
    , bangalore
    Reviewed on Dec 07, 2018
  • Reliance General Car Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    RELIANCE GENERAL INSURANCE is the insurer where i have taken my car insurance and the premium i paid which is nominal added on that the IDV value is also sufficient with this policy. The policy coverage is for bumper to bumper for this policy.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Dec 07, 2018
  • SBI General Car Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I had a claim of 44k with the SBI GENERAL INSURANCE where i have taken the card insurance and the claim is of reimbursement and i got within the one day. The premium is nominal and the IDV is nominal. The coverage is for bumper to bumper. The process is good with this policy.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Dec 07, 2018
  • ICICI Lombard Car Insurance
    "Good Protection for four wheeler"
    0.5 4.0/5 "Great!"
    The car policy with ICICI lombard is good and they are economical on the cost wise, I took policy for one year I took 100% its zero depreciation. They gave me best insured value based on the age of vehicle, they have ncb features and they many service centers too.
    Was this review helpful? 0
    , gurgaon
    Reviewed on Dec 05, 2018
  • Bajaj Allianz Car Insurance
    "Good claim process with fast service"
    0.5 4.0/5 "Great!"
    The premium amt is good in Bajaj Allianz and economical too, I paid Rs. 25k for one year. I have Hyundai I ton card its 3 years old, they gave me best insured declared amount, I got the papers on time, my claim exp is good, car got damaged and replaced and gave it on time, even they have lined with many service centers.
    Was this review helpful? 0
    , bangalore
    Reviewed on Dec 05, 2018
  • ICICI Lombard Car Insurance
    "Quick policy"
    0.5 5.0/5 "Blown Away!"
    I have been renewing the policy for 4 years with ICICI Lombard. The policy was given by dealer when i purchase the policy and i'm continuing the policy without any reason. The claim experience was fine. I have got the coverage amount of Rs. 9 lakhs and i have got the claim amount of RS. 40000. This policy covered with bumper to bumper facility. I have got the claim within 5 days.
    Was this review helpful? 0
    , chennai
    Reviewed on Dec 05, 2018
  • Universal Sompo Car Insurance
    "Good Car Insurance policy"
    0.5 5.0/5 "Blown Away!"
    My car insurance policy was taken 2 years ago with Universal Sompo. I have been renewing the policy with the same company. I have paid the premium amount of Rs. 4000. This policy has been covered for 100%. They have given me a car value of Rs. 1.90 lakhs.They have offered me a facilities of road side assistance and bumper to bumper. I have no claim experience so far.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Dec 03, 2018
  • Bajaj Allianz Car Insurance
    "Its Good"
    0.5 4.0/5 "Great!"
    Cost of the car policy is good in Bajaj Allianz. I have Maruthi card they best insured value based on the age. I don't have any claim experience. The insurance company gave me Rs. 2.5 lakhs for one year, third party cover and personal accidental cover is good.
    Was this review helpful? 0
    , bangalore
    Reviewed on Dec 03, 2018
  • New India Car Insurance
    "Good Experience"
    0.5 5.0/5 "Blown Away!"
    In 10 years of experience I didn't face any claim. I have wagon R, the premium cost was economical, I paid around Rs. 5000 for one year, they gave me the comprehensive 100% protection plan, they got tie up with the dealer and they do have ncb features.
    Was this review helpful? 2
    , mumbai
    Reviewed on Dec 03, 2018
  • United India Car Insurance
    "Good car insurance policy"
    0.5 5.0/5 "Blown Away!"
    Since its a new car, they have given me a a zero depreciation policy. The dealer has recommended me about this car insurance policy when i purchase my car. I have paid the premium amount of Rs. 28000. They have not given me a road side assistance facility but bumper to bumper facility is available. More garages are available in my location.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Dec 03, 2018
  • ICICI Lombard Car Insurance
    "Better"
    0.5 4.5/5 "Excellent!"
    My car insurance was taken with ICICI Lombard and it was offered by the showroom. They are giving zero depreciation and don't know about the other offers. The premium is included in the car price. The customer service is good. They have sent the insurance papers on time.
    Was this review helpful? 0
    , new delhi
    Reviewed on Dec 02, 2018
  • review Car Insurance
    "Value of money"
    0.5 4.0/5 "Great!"
    4 years back, i have bought my car insurance policy with Bharti Axa. Somebody suggested me about this car insurance policy. The premium amount is less comparatively less when i compared with other companies. I'm happy about the coverage value they have provided to me. I have not claimed anything in this policy.
    Was this review helpful? 0
    , new delhi
    Reviewed on Dec 02, 2018
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