Auto Insurance Companies

Whether one uses his or her company car, or is a proud car owner, auto insurance is an essential requirement for all new vehicles. This applies for both commercial and personal use. Auto insurance includes loss or damage of the vehicle by any kind of accident, fire, lightning, self ignition, external explosion, burglary, or theft, or by any malicious act. Auto insurance companies also pay for grounds like riots, strikes, terrorist acts, and natural calamities like earthquake, cyclone, flood, and inundation. Automobileindia.com furnishes you information on the policies of different auto insurance companies.

Most auto insurance companies in India have comprehensive policies to help their customers. Some of them have also tied up with top automobile manufacturers for a fast insurance process. Auto insurance companies have separate plans for two wheelers, four wheelers, commercial vehicles. Some of the top auto insurance companies in India are United India Insurance Company, HSBC India, Bajaj Allianz, ICICI Lombard, and The New India Assurance Company. Automobileindia.com contains information on the renowned auto insurance companies in India.

United India Insurance Corporation Ltd. HSBC India - AutoSecure
TATA AIG - General Insurance Bajaj Allianz
ICICI Lombard - Motor Insurance Maruti Insurance
The Oriental Insurance Company Limited Reliance General Insurance Co. Ltd.

Popular Auto Insurance Companies in India : Bajaj Allianz is one of the top-rated auto insurance companies in India. It offers a number of attractive features in its auto insurance policies, such as,

  • One of the main features of Bajaj Allianz auto insurance is that it offers 24/7 service by phone and provides online assistance on all days, including national holidays.
  • Through Bajaj Allianz customers can go for Instant claims assistance and also check instant updates of their claim status through mobile messaging or though the 24x7 call centers across the nation.
  • Bajaj Allianz offers towing facility in case of a breakdown or accident.
  • The users can also transfer their existing 'No Claim Bonus' from any car insurance provider and the bonus may range from 20% - 50%.

ICICI Lombard, on the other hand, has separate policies for car insurance and two-wheeler insurance. Car insurance policy of ICICI Lombard includes personal accident cover of up to Rs. 2 lakhs for owner driver of the vehicle, while traveling in, mounting or dismounting from the car, and also a personal accident cover for the passengers in the car, in addition to loss or damage of car, and third party liability. For two-wheelers, ICICI Lombard offers a compulsory personal accident cover of Rs. 1 lakh for individual owner and driver of the vehicle, while traveling, in addition to insurance for loss, accident, and third party liability.