Friday 31 March 2017

Reviews for Buying Cheap Car Insurance in India

In today’s world, a car is no longer an item of luxury. It is more of a necessity. While deciding the right policy, the budget is also important. The expenses are always on the rise. There are a lot of good car insurance providers out there. However, it is not necessary that all of them are affordable.
We have compiled a list of most affordable insurance policies for you.

1. Car Insurance by Bharti Axa

This one is among the leading and renowned insurance companies in the nation. Bharti AXA Car Insurance firm was born as a result of joint venture program between AXA and Bharti Enterprises. It provides a number of wonderful benefits to the customers. The cashless claim is provided across a network of more than 1600 garages across the country. For private cars, a cover up to 7.5 lakhs is provided in the case of damage due to third party issues.


2. Car Insurance by BAJAJ ALLIANZ 

It is arguably the most famous motor vehicle insurances in the nation. This insurance company is the result of joint venture program between Allianz and Bajaj Finserv Company. With this policy, you get the comfort of cash-free claim settlement in case the vehicle is repaired at any garage from the 4000 garages enlisted in the policy. If the vehicle has any anti-theft equipment or if the policyholder is a part of Automobile Association, you are entitled to discounts.


3. Car Insurance by Reliance
The firm is a part of the prestigious Reliance Group. Reliance Group of Industries has diversified into almost each faction of the business world. It is a well-known insurance in India. Car Insurance by Reliance offers 94 different insurance policies that cater to individual and corporate customers. The policy covers policyholder while he is driving. An added cover for the 3rd party, in the amount of 10 lacs is available. The car insurance covers the car in case of theft, accident, etc.
4. New India Assurance

It is an insurance group based out of Mumbai, India. The government-owned group offers several insurance plans under different insurance spheres. You can bank on New India for a reliable insurance plan. They are not limited to one or two insurance plans but have diversified into all sectors of insurance. Car insurance covers damage or loss of accessories in the car. The equipment can be stereos, air-conditioners, fans, etc. The liability is there for an amount with no ceiling limit if there is injury or death. Insurances offered are for private car and commercial vehicles. Policyholders get cover for personal accidents.

5. Car Insurance by TATA AIG

The joint venture of American International Group and TATA group is TATA AIG General Insurance. AIG holds 26% of the total shares while TATA has got the balance 74%. The company was launched in January 2001. It offers settlement Green Channel with warranty in case of accident repairs. It is called Automobile Restore Warranty. In the event of a vehicle breakdown or an accident, hotel expenses and emergency travel are also covered.

A trustworthy name in the sphere of vehicle insurance providers is ICICI Lombard Motor Insurance.


Two insurance policies are provided-
1.    Car Insurance
2.    Two Wheeler Insurance

Car Insurance Overview

Network Strength
Over 3100 garages
Roadside assistance
Free

Why to buy Car Insurance?
The policy can be purchased instantly online.

Features and Benefits

     Roadside assistance available with just 1 phone call
     Cashless operation across 3100 garages
     Discount available on policy renewal
     Immediate attention

Eligibility

     The person has to be the owner of the vehicle

Exclusions

      Electrical or a mechanical breakdown
      Vehicle ageing that causes wear and tear
      Damage due to civic unrest, danger of war, or nuclear causes


ICICI Lombard Two Wheeler Insurance Overview

Network Strength
Over 3100 garages
Roadside assistance
Free

Why to buy Two Wheeler Insurance?

The policy can be purchased instantly online.

Features and Benefits

     No need for documentation
     Towing charges covered till Rs 1500
     Cashless operation across 1850 garages
     Immediate attention

Eligibility

     The person should be the owner of the car.

Exclusions

      Electrical or a mechanical breakdown
      Vehicle ageing that causes wear and tear
      Damage due to civic unrest, danger of war, or nuclear causes
      Intoxicated driving 

Review


The policy offers a good deal, wonderful benefits and features and is very reliable.

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