2. National Car Insurance:
NIC or National Insurance Company is the Government of India responsibility. This company is established in the year 1906 plus this company is working from its register office in the town of Kolkata. This is the oldest insurance company in India plus the simply PSU non-life insurance company. The company provides car insurance coverage in the name of motor policy for private car moreover this policy cover up the car by danger. According to certain research, NIC position highest in client satisfaction by auto insurance providers.
Furthermore, it is also identified as “BEST IN SERVICE” in the MOTOR and HEALTH classes of Business, which constitute 63% of the Indian Non-Life Insurance Market. Extensive Strategic Alliance with India’s largest automobile majors Maruti, Tata Motors, Nissan, Honda etc. and Efficient Service Delivery
3. New India Car Insurance:
Nowadays, the New India Assurance Co Ltd is a 100 % Govt. hold international universal insurance company working in 22 countries along with headquartered by Mumbai, India. It is the foremost auto insurance corporation in India. This company is the best and excellent Indian insurance company rated by AM, which is an international rating agency because of a direct insurer in India. This company is started in 1919 by House of Tata Founder associate – Sir Dorab Tata. This insurance claim decision in use in 3 days of application and payment was completed in 3 days of discharge voucher receipt. Grievance resolved in 15 days of delivery.
Read: Types of Cars
4. ICICI Lombard Car Insurance:
According to some specific researches, ICICI Lombard is ranked number 1 in customer satisfaction amongst the private auto insurance providers. ICICI Lombard is a combined venture linking ICICI Bank Limited plus Fairfax Financial Holdings Limited of Canada. The ICICI Lombard GIC Ltd. is the biggest private sector general insurance company in India plus established the maximum ranking in conditions of overall customer fulfilment and known as ‘The most Recommended Company’. The insurance involves the following features;
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