Indore is a city in the west-central part of India located in the state of Madhya Pradesh. Indore is industrial, cosmopolitan, and resembles Mumbai as far as the lifestyle is concerned. Therefore Indore is also called as Mini-Mumbai. Indore owes its early growth to trade and commerce.
The culture of Indore is an exclusive mixture of different cultures makes it the best destination across the country. The tourism attractions in Indore please general tourists, history lovers, art lovers, and religious-minded people. Indore is blessed with some exciting and wonderful places.
Indore is the most populous city in Madhya Pradesh. It is the chief collecting and distributing centre for western Madhya Pradesh as well as a commercial and industrial centre. The city has a population of 31 Lakhs. There were 8lakhs of registered vehicles across the city of Indore at the end of the fiscal year 2017. Thereby increasing cars in this state ensure to buy cheap car insurance in Indore through our PolicyBachat.
PolicyBachat aims to provide an unbiased comparison of car or motor insurance quotes from different insurance companies to its customers. We are working hard to provide the best quotes to our customers in these turbulent times of Covid-19, are here to ensure that most of the people purchase their insurance by sitting at home through our website we do the background work to provide the best quotes from different insurance companies.
Cheap Car Insurance in Indore
Indore is the costliest place to live be compared to the other cities in India and the car insurance prices in Indore are slightly higher. The cheap car insurance prices in Indore are that of the only third-party insurance premiums from different insurance companies where the third-party claims are covered. Third-party claims such as bodily injury or death of third party persons and property damage of third parties are covered under your car insurance policy.
Here are the cheap car insurance premium quotes in Indore for a Hyundai i20, 2017 manufactured, fuel used is petrol, 1200 cubic capacity, 5seater and registered under Indore RTO. The rates for the other cities in Madhya Pradesh would be slightly lower than that of the Indore due to the other cities being classified under Zone B, while Indore comes under Zone A.
Cheapest Companies |
Premium |
Digit |
3801 |
Future Generali |
3801 |
SBI General |
3801 |
National |
3801 |
United India |
3801 |
IFFCO TOKIO |
3801 |
Note: The cheapest car insurance premium mentioned is for only Third party car insurance premium also known as the Mandatory car insurance premium.
Best Car Insurance in Indore
The Best car insurance premium quotes in Indore are rated solely based on the premium offered by the insurance company. The best car insurance premium quotes given are purely for understanding the final decision should be taken by the customer based on his/her requirements.
The best car insurance premium quotes in Indore for a Hyundai i20, 2017 manufactured, fuel used is petrol, 1200 cubic capacity, 5 seaters and registered under Indore RTO. The rates for the other cities in Madhya Pradesh would be slightly lower than that of the Indore due to the other city being classified under Zone B, while Indore comes under Zone A.
Cheapest Companies |
IDV |
Premium |
IFFCO TOKIO |
3,62,185 |
6011 |
Bharti AXA |
3,69,965 |
7084 |
TATA AIG |
3,00,000 |
5834 |
Liberty General |
3,02,586 |
6145 |
HDFC ERGO |
3,55,146 |
6591 |
Digit |
3,00,000 |
7868 |
*Premiums given are for illustration purpose only* Please refer to website for exact premium.
FAQ’s- Car Insurance in Indore
- Is Car Insurance mandatory in Indore?
As per the Motor vehicles act, 1938 third-party car insurance is mandatory to drive your car in public places in Indore. If you are found driving without valid third-party insurance you can be fined up to Rs.5000 or up to 3 months of imprisonment or both. There would be regular traffic checks conducted by the respective authorities in Indore city to ensure that there are no cars plying without a valid car insurance policy. The car insurance policy can be purchased instantly for any person residing in Indore from our portal.
- Which is the best car insurance company in Indore?
The Best Car Insurance company in Indore can be found on our portal. The term best differs from one person to another, some may consider cheap insurance as best while some may consider highest coverage insurance as best. For understanding the best car insurance company in Indore please read the article General Insurance Companies.
- Bumper to bumper car insurance policy in Indore?
Bumper to Bumper car insurance or nil depreciation or Zero depreciation is an add-on available in the car insurance policy on payment of extra premium. The bumper-to-bumper car insurance may be available up to 5 years of age from most of the general insurance companies while there are few insurance companies that provide the add-on for cars aged up to 10 years. Customers can check this on our website or talk to our agent to find out the insurance companies offering bumper-to-bumper cover for vehicles aged more than 5 years.
- What happens if I drive without car insurance in Indore?
If you are caught driving without a valid car insurance policy, you can be fined up to Rs.5000 and up to 3 months imprisonment or both. Driving without valid insurance in a metropolitan city like Indore is the highest risk anyone can take while driving their car as the accident ratio in Indore is high compared to any other city in Madhya Pradesh.
- Can I take insurance in Indore and drive in other cities in India?
Insurance taken in Indore is valid where you can drive your vehicle in any part of India as per the Motor vehicles act. Every insurance company tied up with us has a pan India presence and ensured enough cashless garages as network tie-ups to provide cashless claims to our customers. The insurance policy taken in Indore valid all India any kind of claim can report to the insurance company on their toll-free number stating the location of the accident, other damage details to ascertain the loss and thereby settle the claim of the customer.