Car Insurance is the fastest growing segment in the auto insurance category. This is so, because insuring car is mandatory for everyone buying a new car. Major car manufacturers are tying up with leading insurance companies to provide hassle free and quick insurance. Car insurance includes loss or damage by accident, third party insurance, insurance against burglary etc. The amount of premium will depend on the make and value of the car, state where the car is registered, year of manufacture etc. Insurance companies are trying hard to make the claim process simpler and quicker to widen the existing customer base.
List of Some of Insurance Companies Offering Car Insurance:
HSBC India - AutoSecure
ICICI Lombard - Motor Plans
United India Insurance Co. - Motor Package and Liability only Policies
The New India Assurance Co. - Motor Policy
*Terms and conditions may vary in different insurance companies