In a country like India, where roads are bustling and traffic is unpredictable, car insurance isn’t just a legal requirement—it’s a necessity. With rising cases of road accidents, thefts, and natural calamities, having a reliable car insurance policy can save you from massive financial losses. But with so many insurance providers in the market, choosing the right one can be overwhelming. To help you make an informed decision, we’ve curated a list of the top 10 car insurance companies in India in 2025 based on claim settlement ratio, customer reviews, network garages, premium rates, and service quality.
Car Insurance Companies in India
Looking for the best car insurance companies in India for 2025? Check out our top 10 list to find the right coverage for your vehicle!
1. ICICI Lombard General Insurance
Claim Settlement Ratio (CSR): 93%
USP: Quick claim approval & wide network of garages
ICICI Lombard is a well-established name in the insurance sector. Known for its efficient digital claim process and comprehensive coverage, it offers both third-party and comprehensive car insurance policies.
Key Features:
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Over 6,700 network garages
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Instant policy issuance
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24×7 roadside assistance
Website: www.icicilombard.com
2. HDFC ERGO General Insurance
CSR: 91%
USP: Strong digital infrastructure & zero paperwork
A joint venture between HDFC Ltd. and ERGO International, this insurer is highly trusted for its affordable premiums and top-notch customer service. HDFC ERGO’s AI-based claim settlement process ensures a seamless experience.
Key Features:
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Over 8,000 network garages
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Cashless claim process
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Add-ons like zero depreciation & engine protection
Website: www.hdfcergo.com
3. TATA AIG General Insurance
CSR: 89%
USP: Feature-rich plans & strong legacy
TATA AIG offers well-rounded car insurance plans with a variety of add-ons. It is especially known for hassle-free claims and quick support. The brand trust of Tata adds to its credibility.
Key Features:
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7,500+ cashless garages
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Customizable plans
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24×7 support
Website: www.tataaig.com
4. Bajaj Allianz General Insurance
CSR: 92%
USP: Fastest claim settlement service
Bajaj Allianz is one of the most customer-friendly car insurance companies in India. Their “Motor On The Spot” feature allows claim approval through mobile inspections, speeding up the process.
Key Features:
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6,000+ network garages
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On-the-spot claim settlement
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24/7 claim assistance
Website: www.bajajallianz.com
5. Reliance General Insurance
CSR: 87%
USP: Affordable plans & wide garage network
Reliance General Insurance offers budget-friendly car insurance plans suitable for all types of vehicles. Their digital tools and self-inspection app make buying and renewing policies quick and easy.
Key Features:
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Over 8,200 network garages
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No-claim bonus up to 50%
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Instant policy issuance
Website: www.reliancegeneral.co.in
6. Digit Insurance
CSR: 96%
USP: 100% digital, zero paperwork
One of the newest yet most innovative insurers in India, Go Digit simplifies car insurance with tech-driven solutions and excellent customer service. It’s especially popular among millennials for its simplicity.
Key Features:
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Super-fast claim approvals
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Smartphone-enabled inspections
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Competitive pricing
Website: www.godigit.com
7. New India Assurance
CSR: 91%
USP: Government-backed & highly reliable
A public sector company, New India Assurance is known for its wide reach and stable service. It offers car insurance policies with standard coverage at reasonable rates.
Key Features:
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Pan-India presence
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Long-term third-party cover available
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Ideal for older vehicles
Website: www.newindia.co.in
8. SBI General Insurance
CSR: 90%
USP: Trust of SBI and wide rural reach
Backed by the State Bank of India, this insurer has become a favorite among car owners, especially in tier 2 and tier 3 cities. The brand offers affordable plans with reliable customer support.
Key Features:
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Over 6,000 garages
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Easy online renewal process
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Various add-on covers
Website: www.sbigeneral.in
9. Oriental Insurance Company
CSR: 88%
USP: Public sector reliability & affordable rates
Oriental Insurance is another government-owned company with decades of trust. It’s known for competitive pricing and is especially suited for commercial vehicle owners and older car models.
Key Features:
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Strong customer support
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Ideal for commercial and passenger vehicles
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Simple claim process
Website: www.orientalinsurance.org.in
10. Future Generali India Insurance
CSR: 90%
USP: Comprehensive plans with great add-ons
Future Generali has carved a niche with its extensive add-on options and flexible plans. They focus on customer satisfaction and offer a smooth, paperless experience.
Key Features:
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6,500+ cashless garages
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Smart Drive app integration
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Zero depreciation cover
Website: www.futuregenerali.in
Final Thoughts
Choosing the right car insurance company is crucial not just for complying with Indian Motor Laws but also for protecting your car and your finances in case of emergencies. Each of the insurers listed above offers something unique—whether it’s lightning-fast claims, wide garage networks, or digital ease.
Quick Tips for Choosing the Best Car Insurance in India:
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Compare premiums and inclusions
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Check Claim Settlement Ratio (CSR)
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Look for cashless garage networks in your city
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Don’t skip add-ons like zero depreciation, roadside assistance, etc.
