Motor Insurance Companies

Motor insurance companies are entities that offer motor insurance policies to protect vehicles against damage, theft, and liability for third-party damages. They also offer protection against risks such as accidents and natural disasters, offering financial protection to vehicle owners in exchange for premiums

Highlights of Motor Insurance Companies

Offer comprehensive coverage for various types of vehicles

Mandatory in India for all vehicles plying on public roads

Hassle free claim settlement

Large number of network garages

How to Find the Best Motor Insurance Company in India

It is difficult to term a particular motor insurance company as best because the choice might vary as per policyholder and as per their various needs and requirements. Some might look at claim ratio as the best feature of a motor insurer, while others might look at cashless garage facilities to term a motor insurance company as best. Thus, several parameters as well as individual choices are considered while choosing the best motor insurance company.

Below are some of the parameters to be considered

In India, there is an abundance of insurance companies providing a plethora of policies with a wealth of benefits. When it comes to choosing the best plan, the first thing that we consider is the benefits that can be availed with a particular plan. Here is a list of the common benefits that best health insurance companies in India offer as mentioned below:

Cashless garage network

cashless garage network means the garages that insurance companies partner with to facilitate car policy owners to avail cashless insurance claims. There are a large number of cashless garages that insurance companies partner with so that the policyholders can avail the best cashless facility at any of the available garages as per their comfort.

Ratio of Claim Settlement

the ratio of claim settlement confirms the number of claims that a car insurance company settles during a policy year as compared to the total number of claims that the company receives during the year. So, while choosing the best car insurance company it is important to check if the insurer offers a high ratio of claim settlement.

Add-ons available

The add on coverage means the extra cover that can be received by policyholders with a standard car insurance policy. The extra cover helps in extending the coverage of the policy and make your policy all the more worthwhile. Some add on covers include; OD or Own-Damage car insurance coverage, Comprehensive car insurance coverage and so on. These add-ons can be opted at the time of renewal of an existing policy or while purchasing a new policy.

Customer care service

this is another important factor to consider. Having a quality customer care service of the insurer that stays available 24/7 is necessary. This way, it is possible to resolve any issue as per the convenience of the policyholder. There are some companies which offer 24*7 customer care facilities, while there are others that offer customer support only during the weekdays.

List of Best Motor Insurance Companies in India

Hand-hold by our expert advisor till making the right choice

Meet In Person Talk to an Advisor

70% of customers choose our advisor support for better coverage clarity.

Paybima Trusted by Millions of Customers

4.5

40+ Insurers

Wide range of trusted providers

560+ Advisors

Expert guidance at every step

31 Stores

Personalized service across India

Ask Anything as We Have Answers to Everything in Insurance

Below are the 3 main types of car insurance policies:
·       Third-Party Liability Only Cover
·       Personal Accident Cover
·       Comprehensive Car Insurance

Buying insurance through PayBima is a quick and easy process. Just fill in your basic details and get instant quotes from leading insurance companies. Compare among the various plans on offer and choose the one that best suits your requirements. Fill up the proposal form, make payment and your policy will be issued instantly. PayBima focuses on bringing you all the information you need about insurance policies under one umbrella. You can find terms and conditions on different policies in an easy-to-read format.

When you fill-up the proposal form, a host of diverse policy options are brought to you. You can explore them at your own pace and shortlist the ones best suited to your insurance needs. The website offers you a wide range of options for insurance policies to choose from with a stress-free buying experience.
Once shortlisted, PayBima allows you to compare insurance online to see their benefits and shortcomings. Choose the one that offers you the maximum benefits. After finalising the best policy for yourself, you need to fill in your additional details. You can make payment and buy the policy on the PayBimaportal without being directed to any other website.

When you fill-up the proposal form, a host of diverse policy options are brought to you. You can explore them at your own pace and shortlist the ones best suited to your insurance needs. The website offers you a wide range of options for insurance policies to choose from with a stress-free buying experience.
Once shortlisted, PayBima allows you to compare insurance online to see their benefits and shortcomings. Choose the one that offers you the maximum benefits. After finalising the best policy for yourself, you need to fill in your additional details. You can make payment and buy the policy on the PayBimaportal without being directed to any other website.

When you fill-up the proposal form, a host of diverse policy options are brought to you. You can explore them at your own pace and shortlist the ones best suited to your insurance needs. The website offers you a wide range of options for insurance policies to choose from with a stress-free buying experience.
Once shortlisted, PayBima allows you to compare insurance online to see their benefits and shortcomings. Choose the one that offers you the maximum benefits. After finalising the best policy for yourself, you need to fill in your additional details. You can make payment and buy the policy on the PayBimaportal without being directed to any other website.