Top 10 Best Car Insurance Companies in India 2022

Best Car Insurance Companies
Best Car Insurance Companies

The best car insurance companies in 2022 will be those that can offer the best services, have the lowest rates, and have the most customer-friendly policies. A car is a big purchase and should be protected with the right insurance coverage. But with so many options out there, you may not know which company to go with. That’s why we’ve compiled this list of India’s top 10 car insurance companies for you to compare.

10 Best Car Insurance Companies in India

  1. ICICI Lombard Car Insurance
  2. Bajaj Allianz Car Insurance
  3. HDFC ERGO Car Insurance
  4. Future Generali Car Insurance
  5. IFFCO TOKIO Car Insurance
  6. Royal Sundaram Car Insurance
  7. Raheja QBE Car Insurance
  8. Edelweiss Car Insurance
  9. SBI Car Insurance
  10. Acko Car Insurance.

How do you find the Best Car Insurance Company?

When it comes to finding the best car insurance, there are two primary things that people consider: price and claims reputation. You want a car insurance company that has a strong history of handling claims quickly and properly, but you don’t want to pay more than you have to. So how do you identify the best coverage?

CompaniesSolvency RatioClaims Settled
Raheja QBE3.6616 lakhs
Edelweiss2.0920 lakhs
Universal Sompo1.901.11 lakhs
Royal Sundaram1.8715 lakhs
SBI2.006.23 lakhs
IFFCO TOKIO1.738.61 lakhs
Navi2.1212 lakhs
Acko1.9110 lakhs
Oriental1.4018 lakhs
Shriram3.632.08 lakhs


Our top car insurance picks for everyone needs are discussed above. Top 10 companies stood out among the competition as the best car insurance providers. High customer satisfaction scores and competitive rates are among the reasons we picked these carriers, but they aren’t the only good options out there. While these carriers beat out other picks, depending on where you live and the type of coverage you’re interested in, they may be good options.

When ranking these insurers, our team considered state availability, breadth of coverage, Pricing, and customer satisfaction. The first step in the process is to determine your needs. Next, consider your budget. How much are you willing to spend on this service? Is your budget constrained by other factors such as time, resources, and location? Finally, research the companies that fit these criteria and decide which one is best for you.

The best car insurance companies can vary based on your needs and budget. We recommend the above providers based on affordability, strong financial standing, positive customer service ratings, and mainly high claim settlement ratio. It’s always good to compare insurers. Get free car insurance quotes when you shop to find the best coverage and price for your car insurance.

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