Here we are providing a list of Car Insurance Companies in India. So you can compare which bank can offer best option for your Car’s Insurance. Also they will always ready to help you via Call, Messages, and emails.
United India Insurance Ltd
United India Insurance Company Limited was incorporated as a Company on 18th February 1938. General Insurance Business in India was nationalized in 1972. 12 Indian Insurance Companies, 4 Cooperative Insurance Societies and Indian operations of 5 Foreign Insurers, besides General Insurance operations of southern region of Life Insurance Corporation of India were merged with United India Insurance Company Limited. After Nationalization United India has grown by leaps and bounds and has 18300 work force spread across 1340 offices providing insurance cover to more than 1 Crore policy holders. The Company has variety of insurance products to provide insurance cover from bullock carts to satellites.
United India has been in the forefront of designing and implementing complex covers to large customers, as in cases of ONGC Ltd , GMR- Hyderabad International Airport Ltd, Mumbai International Airport Ltd Tirumala-Tirupati Devasthanam etc. We have been also the pioneer in taking Insurance to rural masses with large level implementation of Universal Health Insurance Programme of Government of India & Vijaya Raji Janani Kalyan Yojana ( covering 45 lakhs women in the state of Madhya Pradesh) , Tsunami Jan Bima Yojana (in 4 states covering 4.59 lakhs of families) , National Livestock Insurance and many such schemes.
We have also made our presence in more than 200 tier II & III towns and villages through our innovative Micro Offices.
HDFC Ergo
HDFC ERGO General Insurance Company Ltd. is a 74:26 joint venture between HDFC Ltd., India’s premier Housing Finance Institution and ERGO International AG, the primary insurance entity of Munich Re Group. The Company offers complete range of general insurance products ranging from Motor, Health, Travel, Home and Personal Accident in the retail space and customized products like Property, Marine and Liability Insurance in the corporate space.
HDFC ERGO endeavors to improvise and cater to every need of the modern day customer with superior customer support service through automated processes. This helps to provide customers a seamless and hassle-free experience.
HDFC ERGO is expanding its network across the country and is today present in 109 branches spread across 89 cities with an employee base of over 1900 professionals.
The Company also has a wide distribution network comprising of brokers, retail and corporate agents, bancassurance besides its own direct sales force.
HDFC ERGO has been assigned ‘iAAA’rating by ICRA indicating its highest claim paying ability. We have been certified with ISO certification for our claim services, policy issuance, customer servicing and standardization and uniformity of Information Security processes being followed across all branches & locations.
ICICI Lombard
ICICI Lombard GIC Ltd. is a joint venture between ICICI Bank Limited and Fairfax Financial Holdings Limited, a Canada based diversified financial services company engaged in general insurance, reinsurance, insurance claims management and investment management. ICICI Lombard GIC Ltd. is the largest private sector general insurance company in India with a Gross Written Premium (GWP) of Rs 69.14 billion for the year ended March 31, 2015. The company issued over 13.87 million policies and settled over 3.41 million claims as on March 31, 2015.
ICICI Lombard was conferred with the ‘Claim Leader’ Award in the General Insurance Category at the 4th annual edition of the Indian Insurance Award 2014 for its claim settlement track record. The company received the ATD Best Winner Award 2014 (ASTD BEST) for the 3rd time and ranked among the top 20 BEST organisations across 14 countries for employee talent development initiatives. ICICI Lombard was also bestowed with the Best Mobile Application award by the Asia Insurance Technology Award 2014, for its insurance focused mobile application. The company was conferred with ‘Best IT implementation’ award for customer oriented service delivery model “Business Assurance” by Banking Frontier Finnoviti Awards 2014. More details are available on the website www.icicilombard.com
TATA AIG
Tata AIG General Insurance Company Limited (Tata AIG General) is a joint venture company, formed by the Tata Group and American International Group, Inc. (AIG). Tata AIG General combines the Tata Group’s pre-eminent leadership position in India and AIG’s global presence as the world’s leading international insurance and financial services organization. The Tata Group holds 74 per cent stake in the insurance venture with AIG holding the balance 26 percent. Tata AIG General Insurance Company, which started its operations in India on January 22, 2001, provides insurance solutions to individuals and corporate.
It offers a complete range of general insurance products including insurance for Motor Insurance, Health Insurance, Home Insurance, Travel Insurance, Lifestyle Insurance as well as several specialized financial lines. The Company believes in offering innovative and relevant insurance solutions in the retail and commercial space. Each product offering is backed by expertise and an unparalleled claims service. The Company’s products are available through various channels of distribution like agents, brokers, banks (through banc assurance tie ups) and direct channels like Tele Marketing, Digital Marketing, worksite etc.
Bharti Axa
Bharti AXA Life is a life Insurance player that was started in 2006. It brings together strong financial expertise of the Paris-headquartered AXA Group and Bharti Enterprises – one of India’s leading business groups with interests in telecom, agricultural business, financial services, and retail. The joint venture has a 74% stake from Bharti and 26% stake from AXA .The company launched national operations in December 2006. Today, Bharti AXA Life has a national footprint of distributors trained to provide quality financial advice and insurance solutions to the large Indian customer base. Bharti AXA Life offers a range of innovative products and services that cater to specific insurance and wealth management needs of customers.
Mahindra Insurance
Your vehicle is one of the most prized assets. Insure your vehicle by choosing the right motor insurance and secure peace of mind while driving. With a reliable motor car insurance, you can protect yourself from financial contingency that may affect you due to any unfortunate mishap or claim arising out of third party mistakes.
Motor Car Insurance is compulsory in India as prescribed by the Motor Vehicle Act 1988. There are a number of options to suit your needs as well as your budget.
a) Comprehensive package policy
b) Third Party Liability.
We at Mahindra Insurance Brokers Ltd, provide you a one-stop solution for comparison of various motor car insurance products from insurance companies with the best quotes to choose from. You can compare product features and the different types of accident insurance options on offer. Also enjoy an online policy with less paper work.
PNB Motor Insurance
A Private Car is defined as any transport vehicle /car /omnibus whose unladen weight does not exceed 7,500 kgms and is used only for social, domestic and pleasure purpose and insured’s own business. The policy does not cover use for Hire or Reward, Organised racing, Speed testing and carriage of goods (other than samples) in connection with any trade or business or use for any purpose in connection with MOTOR TRADE. On payment of extra premium the policy may be extended for Personal Accident cover as well.
Future Generali
Axis Motor Insurance
Oriental Insurance
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