Bikes and cars insurance is necessary for your and vehicle safety. People depend on vehicles to get around every day. Sometimes we forgot to do vehicle insurance coverage for them. Furthermore, choosing right vehicle insurance for you is not an easy task to do. it is important to do cars and bike insurance as it protects you against accidents, theft and any unnatural incidents. if you get the best car insurance, you are also eligible for the personal accident cover where in case of death or permanent disability for a predetermined amount. You can get the free access to the network of garages which are tied up with your insurance. To get these benefits in future let’s discuss the best vehicle insurance companies available in India.
Popular Vehicle insurance companies in India
1. IFFCO Tokyo General Insurance Company Limited- this insurance company is incorporated in 2000, as a joint venture between IFFCO and Tokio Marine group. The comprehensive car insurance covers all features of third party car insurance policy as well as coverage for own damages. It provides coverage against theft, accident, fire , natural calamities , legal liabilities. It has choice of add ons as per your need. It has customization of vehicle value (IDV). It will provide 24*7 support for seamless claim intimation . it is a trusted brand for more than 21 years . it has high claim settlement ratio. The comprehensive bike insurance covers third party liability as well as own damage to your bike. it provides coverage for both natural and manmade calamities. These plans also allow you to include add ons for wider coverage.
2. Royal sundaram general insurance- Royal sundaram is again best insurance provider for vehicles. It provides quick, hassle free claim process and insurance premium is also very affordable. It provides 24×7 customer service assistance. Two wheeler insurance has 20 minutes inspection process with their VIR APP. It has almost more than 4600 network of cashless garages. Minimal documentation is required for this process. Long term insurance is available.
3. HDFC Ergo general Insurance- HDFC Argo car/ two wheeler insurance has the best comprehensive vehicle insurance for anyone needs. It provides 24×7 support and covers insurance in 7600 garages in their network. Premium plans are affordable and overnight repair service makes life lot easier. In case of two wheeler insurance it provides coverage of natural and manmade calamities. You can initiate the claim process online and provide doorstep service as per your convenience.
4. The oriental insurance company- the oriental insurance company plans is tailored to the vehicles owners budget in the car insurance it receives discount for an anti theft device. It provides easy calculation for the premiums and 24×7 customer services. You can buy, renew or claim the policy online. For two wheeler insurance its plans are affordable and having wide variety of add ons. The claim process is very easy. it has more than 3100 cashless network of garages where you can get the service.
5. SBI general insurance company limited – SBI has started insurance for cars two wheeler in the year 2009 and having 96% claim settlement ratio. It has nearly two decades of expertise in protecting assets. They also offer customized pricing based on your profile. In case of two wheeler insurance it has seamless claim settlement process. It has almost 16000 cashless garages in india. it has 50% no claim bonus.