2021 Top 5 Motor Insurance Companies | Motor Insurance Company In India

Top 5 Motor Insurance Company In 2021 . Best Motor Insurance Company In India

Top 5 Motor Insurance Companies in India - PickPock

Getting a Motor Insurance, unlike other forms of insurance, is not a choice but a legal compulsion. It is mandatory to have a third-party motor insurance under Indian Motor Act. But it is recommended by experts to get a comprehensive
There are types of Motor Insurance . Insurance company in India . Indian top 5 insurance company in India . India is a big market for insurance company . And India's top 5 big insurance company given below .

• Private Car Insurance

• Two Wheeler Insurance

The public sector insurers have always enjoyed the customer’s preference over private sector insurers. Though, the pattern is bending in favour of private insurers since the last few years.

-:Top 5 Motor Insurance Company :-

1. Bajaj Alliance General Insurance Co. Ltd.
Among the private insurance players in Indian insurance domain, Bajaj Allianz is one of the largest general insurance companies in the country.

A large number of industry experts reveal that Bajaj Allianz Auto Insurance leads all the auto insurance players in terms of customer satisfaction, cashless claim settlement and features rich policies. The brand is also widely recognized as one of the most customer friendly insurance companies in India.

Why it rocks?

  • Doorstep surveyor facility
  • 24X7 Towing assistance
  • Online purchase on EMIs
  • Instant SMS Updates on Claims
  • Cashless settlement at 1500+ network garages

2. Tata AIG General Insurance Co. Ltd.
Tata AIG General Insurance was incepted in 2011. Even being a comparatively younger company, TATA AIG managed to win over a major fraction of motor insurance market owing to its robust channels of distribution and hassle-free claims.

Last year, the brand bagged reputed awards for being the best employer and deployment of mobile application in insurance.

Why it rocks?

  • Free car pick up
  • Warranty on repairs
  • Cashless settlement at network garages
  • Claim settlement in 7 days
  • Unique add-ons

3. The Oriental Insurance Co. Ltd.
Owned by the Central Governmentis one of the best companies to get a motor insurance. The brand boasts of winning the most reputed awards in the industry. The latest ones worth mentioning here are - ‘best public general insurance award’ and ‘best bank and financial institution award’. Oriental is one of the few insurance companies in India to get the iAAA rating by ICRA, indicating its strong financial framework.

4. The New India Assurance Co. Ltd.
New India is wholly owned by the government of India. Backed up by a strong capital, infrastructure and human resource, auto insurance company in India. The brand has embarked an international presence and is well known for being a pioneer in introducing innovative insurance products.

ated A- (Excellent) by A.M.Best Co., becoming the only Indian insurance company to be rated by an international rating agency.

Why it rocks?

  • Claim decision taken within 3 days of application.
  • Surveyor appointed within 48 hours of claim intimation.
  • Claim payment made within 3 days of discharge voucher receipt.
  • Grievance acknowledged within 3 days of receipt.
  • Grievance resolved within 15 days of receipt.

5. HDFC ERGO General Insurance Co. Ltd
Bolstered by a robust channel of distribution and customer oriented approach, HDFC is the top notch brand for getting a motor insurance. HDFC boasts of having one of the highest car insurance claim settlement ratios among private motor insurers. HDFC ERGO is ISO 9001:2008 certified for its operations and claim processes and has been rated iAAA by ICRA. It was recognized as the best general insurance company in India by IAIR in 2013.

Why it rocks?

  • Age and profession discount
  • Zero documentation
  • Fast claim settlement
  • Cashless settlement at 1600+ network garages
  • Dedicated customer support team.
  • India's top 5 insurance company, Indian insurance company, insurance company, top 5 insurance company, best insurance company in India, India insurance big,


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