Best Car Insurance in India 2021
The best car insurance companies in India offer the best motor insurance plans. Thankfully, the motor insurance sector is booming in the country. As a result, there are many car insurance companies in India and all of them offer very good motor insurance plans. You need to compare the policies and find the best plan, depending on what your needs are. Take a look at this article to know more about which car insurance is best in India and how you should decide upon the perfect vehicle insurance cover.
Reasons Why Insurance Companies in India are Good Categorized
As stated, there are some very good car insurance companies in India. The best ones are categorized in the top group because of the following reasons:
1. Claim Record
This is the most important factor that you must focus on when buying your motor insurance policy. The good car insurance companies in India have high and healthy claim settlement ratios. The claim settlement ratio refers to the ratio of the claims paid out in relation to the claim requests received. You should do your research and look for a good insurer who has the best possible claim settlement ratio. In doing so, you ensure that you too will get your claim when needed in a smooth and hassle-free manner.
2. Customer Support
The customer support offered by the insurance provider is another vital feature to consider. You need to get associated with a motor insurance company that would offer all the support you need, whenever you need it. Good motor insurance companies have an excellent customer support team that is polite and efficient. You can call in at any time and get your doubts solved. You should also be able to call them for assistance or clarification as and when needed. This is important so make sure you read up reviews and look at the ratings to know how helpful the insurer is before you buy the motor insurance plan from them.
3. Plan Features
This is a very obvious factor, but still many customers oversee it. The plan you buy should be loaded with features. It is, therefore, crucial for you to download the brochure and go through the fine print. Doing so will help you to understand the exact scope of coverage, the exclusions, the clauses, etc. While the covers available under the top-rated plans are similar in nature, every plan has different features. This is why you should scrutinize the plans, compare and then buy. Never get the first plan you come across, as making an informed choice is very important.
4. Cost Factor
When you compare the different car insurance plans from the different motor insurance companies, you will notice that the price differs from company to company. While it is important to get an affordable car insurance plan, it is unwise to merely select a plan based on the cost factor. This is why you need to analyze your needs and then weigh the features of plans against your needs. Also, budgeting is important as it helps you to narrow down your search. The good car insurance companies in India offer their plans at competitive rates. Look for a plan that is economical, yet feature-rich. Doing so will help to find the perfect balance and stay covered in a good way.
5. Ease of Access
And last but not the least, you need to ascertain that the insurer has a good digital presence. Online insurance is the new trend and a vast majority of the policyholders get their car insurance plans online. The insurer you choose should have a good website and mobile app through which you can make the purchase and also service the plan when needed. The renewal, claims facility, etc should be available online. Keep this very important factor in mind to ensure you don’t face any problems in the long run.
When you look to buy a motor vehicle insurance policy, you must choose your insurance provider with a lot of care. Do your research, and then zero in on an insurer who offers all the above-mentioned benefits. Doing so will ensure you find the best plan from the best car insurance company in India.
Overview of Car Insurance Companies
When you compare and buy car insurance, do not only look at the cost factor. You should also look at the features of the plan. This apart, you should keep all the points mentioned above in mind in order to assert that the insurance company is good and reliable. The best car insurance plan from the best car insurance company in India may not always be the cheapest, but you need to think about the long run and choose wisely. Here is a list of the best car insurance companies in India based on their claim record, plan features, and customer satisfaction records
Best Car Insurance Companies in India
- Bajaj Allianz Car Insurance
- Bharti AXA Car Insurance
- Chola MS Car Insurance
- IFFCO Tokio Car Insurance
- Oriental Car Insurance
- Tata AIG Car Insurance
- New India Assurance Car Insurance
- National Car Insurance
- Kotak Mahindra Car Insurance
- IIFL Car Insurance
Choose a good motor insurance policy from any of the insurance providers mentioned above. When buying the plan, read the policy wording very carefully. Also, ensure the features of the plan match your exact requirements. You can opt for short term or long term car insurance, based on what your needs are. Ultimately, you need to have the best plan from the best insurer as that will help you to keep your car secured in an appropriate way.
Just as buying your four-wheeler from the best car company in India is crucial, getting an insurance plan to cover it from the best car insurance company in India is vital too. So ask around about which car company is best in India and also about which car insurance company is best in India and find the best car and insurance. Then, enjoy travelling in your vehicle, knowing it is secured and covered in the best possible manner.