Best Motor insurance company in India 2024 TOP 10

Car insurance helps you get mitigate financial obligations, TODAY DISCUS top 10 car insurance companies in india worst car insurance companies in india best car insurance in india for maruti all car insurance companies top 5 general insurance companies in india cheap and best car insurance in india best car insurance company in india? - quora best car insurance in bangalore that may arise due to an unfortunate event involving 

your car such as a road accident, fire, theft, natural calamities, etc. As per the Indian Motor Tariff, every car owner is legally required to have at least a third party car insurance cover for being able to drive their car/vehicle on Indian roads. Currently, there are 25 insurance companies in India that offer car insurance. The Indian insurance market is huge and offers a wide range car insurance plans at economical rates.

Car Insurance CompanyMotor OD Claim Settlement Ratio FY20Network Garages
IFFCO Tokio General Insurance95.30%4,300+
Royal Sundaram General Insurance92.66%4,600+
The Oriental Insurance Company91.76%3,100+
HDFC ERGO General Insurance91.23%6,800+
Universal Sompo General Insurance90.78%3,500+
Tata AIG General Insurance90.49%5,000+
The New India Assurance89.60%3,000+
SBI General Insurance89.51%16,000+
Bajaj Allianz General Insurance88.83%4,000+
Future Generali India Insurance88.69%2,500+
Bharti AXA General Insurance87.99%5,200+
ICICI Lombard General Insurance87.71%5,600+
Liberty General Insurance98%
Cholamandalam MS General Insurance

At present, there are 25 insurance companies that provide reliable car insurance plans. The insurers offer unique features and personalised facilities to cater to different sorts of customer needs.

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