Buying car insurance is downright easy in comparison and it doesn’t put your savings at risk. You shop around for the best priced car insurance company in Chennai, pay your premium and have coverage up to the limits you’ve chosen. Also, you can obtain coverage for your vehicle with coverages like collision and comprehensive, something you can’t do using alternative methods of financial responsibility.
Car insurance is not cheap but it offers you a level of financial protection that cannot be matched. If you are looking at dropping your car insurance and finding another alternative then you may be disappointed to find no other product can match the full range of benefits of a car insurance policy. The fact is that comprehensive car insurance has no equal. Nevertheless, there are alternative products that can make it more affordable for you to cover your vehicle although it will not be as beneficial. Let us look at some products that you may want to consider.
To help you find the best car insurance company for your unique situation, PolicyBachat ranked Top 10 of the car insurance companies in Chennai. Only the best car insurance companies made it into this review. You’re in good hands with PolicyBachat, and our guidance may help you feel more confident when searching for the best car insurance companies in Chennai.
- SBI Car Insurance
- Universal Sompo Car Insurance
- Edelweiss Car Insurance
- Raheja QBE Car Insurance
- Royal Sundaram Car Insurance
- Acko Car Insurance
- Navi Car Insurance
- Oriental Car Insurance
- Shriram Car Insurance
- Magma HDI Car Insurance
How to choose Best Online Car Insurance Quotes?
Choosing the best online car insurance quotes can be a daunting task. There are many factors to consider before making a final decision. The type of coverage, the deductible, the price, the cost of your car and more. The introduction of the article should be about how to find the best car insurance quotes online. It should also mention the various types of insurance coverage that are available and how they can help a person.
The best way to find a good car insurance quote is by going online. There are many different types of coverage available, and it's important to make sure you have enough coverage for your needs.
- Types of coverage
- How much coverage do I need?
- The best way to keep a car safe
- The process of buying a new car
- How much is the average car insurance premium?
Find the Right car Insurance Companies in Chennai, Tamil Nadu:
The best car insurance company in Chennai for your situation will depend on your location. A great way to save money on car insurance is to compare quotes from multiple insurance companies in your area. We ranked the top insurance companies based on our proprietary rating, which measures both cost and customer service.
1) SBI Car Insurance
An SBI car insurance policyholder will not have to worry about paying the garage bill or the hospital bill if he/she meets with an accident. This fully Government owned insurer offers a wide range of effective car insurance products which can help deal with different types of situations on road. This SBI car insurance protects your finances against any losses incurred when your vehicles meet with accidents or are damaged during natural and man-made calamities.
Types of Policies:-
- Own damage car insurance
- Third party car insurance
- Personal accident cover.
Coverages:-
- Third Party Liability Cover: up to 7.5 lakhs
- Personal Accident Cover: Rs. 15 Lakhs
- Passenger cover: Rs. 2 lakhs
- No Claim Bonus: 50%
2) Universal Sompo Car Insurance
Universal Sompo Car Insurance shines with its optional coverage options, its claims process, and low level of complaints, which helps it overcome only average rates. Universal Sompo car insurance policy offers aid to the car owner if he/she meets with an accident that causes damage to the car. Universal Sompo car insurance plans not only cover damages but also have a compulsory personal accident cover.
Types of Policies:-
- Third party liability
- Personal accident cover
- Loss due to man-made calamities
- Loss due to natural calamities.
Coverages:-
- Personal Accident Cover: Rs. 2 Lakhs
- No Claim Bonus: 50%.
3) Edelweiss Car Insurance
The Edelweiss Group is one of the largest financial services groups in India. Edelweiss provides a broad range of financial products and services, catering to a substantial and differentiated client base, including corporations, institutions, and individuals. They combined with a relentless focus on systems, processes, and the highest governance standards, enable us to deliver quality services to customers.
Types of Policies:-
- Third Party Private Car Liability Insurance
- Third Party + Own Damage Private Car Insurance Liability Insurance.
Coverages:-
- Personal Accident Cover: Rs. 2 Lakhs
- No Claim Bonus: 50%.
4) Raheja QBE Car Insurance
Raheja QBE has very competitive car insurance rates for many types of car insurance customers, which makes it worth a look if you want cheap car insurance. Its low level of car insurance complaints is another reason to consider Raheja QBE.
Types of Policies:-
- Private car insurance policy
- Compulsory personal accident to owner-driver.
Coverages:-
- Third Party Liability Cover: up to 7.5 lakhs
- Personal Accident Cover: Rs. 15 Lakhs
- No Claim Bonus: 50%
5) Royal Sundaram Car Insurance
Royal Sundaram offers decent car insurance rates for all customers and many helpful add-on coverages. The level of complaints against it for car insurance is very low. The company also has many optional offerings that can give you better insurance protection, making it a good choice to look at when comparison shopping.
Types of Policies:-
- Third Party Car Insurance
- Comprehensive Car Insurance.
Coverages:-
- Personal Accident Cover: Rs. 2 Lakhs
- Third Party Liability Cover: up to 7.5 lakhs
- No Claim Bonus: 50%
6) Acko Car Insurance
Acko General Insurance understands that car insurance is a simple and effective way to protect your car from unforeseen risks. Acko Car insurance saves costs, complies with the law, and stays hassle-free with ACKO’s online car insurance policy. Having good car insurance is a necessity to protect you from financial losses that come along with road accidents.
Types of Policies:-
- Third party plan
- Comprehensive car insurance plan
- Own damage plan
- Zero depreciation cover.
Coverages:-
- Third party Liability: Up to 7.5 lakhs
- Personal Accident Cover: Up to 15 Lakhs
- No Claim Bonus: 50%
7) Navi Car Insurance
Navi General Insurance is a leading car insurance company in the country. The company gives its policyholders a sense of empowerment with financial independence through an extensive range of affordable products and a seamless customer experience. Navi General Private Car Insurance Policy can be customized as per your requirement to get insurance for your private vehicle.
Types of Policies:-
- Third party liability
- Comprehensive car insurance
- Long-term comprehensive
- Liability only private car
- COCO drives a private car package.
Coverages:-
- No Claim Bonus
- Zero protection cover
- Return to invoice
- Engine Protection.
8) Oriental Car Insurance
The company provides great and innovative products for its customers. Oriental Car Insurance Plans have been deliberated to gratify the need for protection cover for our cherished vehicle.
Likewise to its various other plans, ensures all the range of misfortune events are well covered under its Car Insurance Plan.
Types of Policies:-
- Private Car Insurance Plan
- Commercial Car Insurance Plan
- Liability Only Plan.
Coverages:-
- Third party Liability: Up to 7.5 lakhs
- Personal Accident Cover: Up to 15 Lakhs
- No Claim Bonus: 50%.
9) Shriram Car Insurance
Shriram car insurance has highly competitive car insurance rates and low complaint levels make it worth checking out. The company continues to focus on the needs of customers, grooming talent, and bringing a great platform with the latest technology and ideas so that customers will get the best out of their investment portfolio and has a good claim settlement ratio.
Types of Policies:-
- Personal Accident cover
- Third party car insurance
- Comprehensive cover
- Long-term car insurance.
Coverages:-
- Third Party Liability Cover: Rs. 7.5 lakhs
- Personal Accident Cover: Rs. 15 lakhs.
- No Claim Bonus: up to 50%
10) Magma HDI Car Insurance
Magma HDI is worth considering as your top choice. The company offers reputable service, a wide selection of coverage and cheap car insurance rates, according to our rate estimates.
Types of Policies:-
- Third party liability
- Comprehensive car insurance.
Coverages:-
- Third party Liability: Up to 7.5 lakhs
- Personal Accident Cover: Up to 15 Lakhs
- No Claim Bonus: 50%
- Additional legal liabilities.
How to find the Best Car Insurance Company for you?
| Companies |
Benefits |
|
| Edelweiss |
- Good customer support
- Priority services at preferred workshops
- Quick claim settlement.
|
Buy Now |
| Raheja QBE |
- Quick claim settlement process
- Readily available customer support
- Instant policy issuance and faster process.
|
Buy Now |
| Royal Sundaram |
- Good and hassle-free pre-sales and post-sales services
- Towing facility – spot repair services
- On-time Services
- 24x7 claim assistance.
|
Buy Now |
| SBI |
- Easy and hassle-free purchase process
- 24x7 claim assistance.
|
Buy Now |
| Universal Sompo |
- Quick claim settlement
- Instantaneous purchase
- Wide range of add-ons
- 24x7 claim assistance
- Robust customer support system.
|
Buy Now |
| Acko |
- 24x7 emergency assistance
- A dedicated claims team
- Claim approval within 7 days
- 1 day pick up for repairs
- 3 step door delivery at no cost.
|
Buy Now |
| Navi |
- Insurance coverage
- Legal liability
- Financial security
- Affordable premiums.
|
Buy Now |
| Oriental |
- Premium Discounts
- Cashless repair facility
- Excellent customer service.
|
Buy Now |
| Shriram |
- 24x7 Hassle-free claim process
- Survey and assistance within a day
- Simple claim procedure
- Updated claim status.
|
Buy Now |
| Magma HDI |
- Save time
- Get better price
- Easy and convenient process
- Trained professionals at your service.
|
Buy Now |
Conclusion:
There are many different possible steps you can take to find the best car insurance for yourself. One of those steps is to narrow your list of companies down to ones whose customer service is strong. If you want to know which insurance company has the most affordable rates for your situation, then you should compare their quotes to see if one of them is more affordable than the others.
Ultimately, you will need to gauge which aspect of our insurance services are the most important to you and choose your provider based on that criteria. Best car insurance products in India analysis based on affordability, customer satisfaction and financial stability. But the best car insurance company for you may depend on your driver profile and where you live. The better the company's ratings for claims service and overall customer satisfaction, the more likely it is to offer cheaper prices on average.