Top Car Insurance Companies in India

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Top Car Insurance Companies in India
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Introduction

• Car insurance is usually used to provide
  financial protection against physical damage to
  the car
• Terms of vehicle insurance policies vary with
  legal regulations in each region

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1. ICICI Lombard General Insurance Co. Ltd.

• ICICI Lombard General Insurance Company Limited
  is a joint venture between ICICI Bank Limited and
  Fairfax Financial Holdings Limited
• It is one of the largest General Insurance
  companies in India, is a leading Auto Insurance
  provider in terms of customer satisfaction as
  per a survey by JD Power Asia Pacific

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2. Royal sundaram

• Royal Sundaram Alliance Insurance Company Limited
  is a joint venture between Sundaram Finance and
  Royal Sun Alliance Insurance plc, UK
• The former holds 74 and the latter holds 26 of
  the equity
• Royal Sundaram offers different services which
  includes online car insurance, travel insurance,
  home insurance etc.

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3. Tata AIG General Insurance Co. Ltd.

• A relatively newer company which was incepted in
  2011, it enjoys the brand reputation of being a
  part of Tata group
• It has managed to ensure hassle free claim
  settlement and good distribution channels for its
  products

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4. The New India Assurance Co. Ltd.

• Being a Government Owned Insurer and been in the
  market for pretty long time, New India Assurance
  invites trust on its own
• It is the only Indian company to be rated A by
  A.M. BEST CO. an international rating agency

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