How Convenient Is Car Insurance Online?

A huge percentage of insurance products bought today are still transacted offline. While smartphones have evolved and internet penetration has increased tremendously, people still prefer to buy clothes online and their insurance offline. However, not only are the benefits of buying car insurance online greater, it’s also more convenient.

There’s no need to fill forms, submit physical documents or even have your car inspected! Yes, it’s that easy! In fact, you do not even need to wait for your car insurance to arrive through the mail. Rather, you get it instantly and you can simply download it to your computer or your smartphone. Even the premiums are lower when it comes to car insurance online.

Now that you are convinced about purchasing insurance products online, you’ll need to know the best policy providers and best car insurance policies. So, here’s a brief list that can help you get started. Let’s dig in!

Best Policy Providers of Car Insurance Online

The policy providers are judged based on their available network of garages and benefits offered. Here are some of the best insurance companies in India

#1 Bajaj Allianz General Insurance Co. Ltd.

Bajaj is one of the largest private companies in General Insurance. Along with Allianz, they have formed a rock hard partnership offering financing services, car insurance, two wheeler insurance and other types of general insurance.

Their products are rich in benefits and offer an innovative list of features to their customers. Some of their benefits include:

  • Home visit for inspection
  • 24X7 car tow service
  • EMIs can be paid online
  • Instant updates on claims via email and SMS
  • Cashless service at more than 4000 network garages

#2 Tata AIG General Insurance Co. Ltd.

TATA AIG was born out of a joint-venture between the AIG Group and Tata. It’s a comparatively newer organization but has been able to win over customers with its trustworthy services and use of online services. The company offers seamless claims process and uses its wide distribution network for easy access to customers. Some of its benefits are:

  • Offers free vehicle pick-up
  • One of the only companies to offer a warranty on repairs
  • More than 3800 network garages providing cashless service
  • 24×7 claim assistance
  • Special add-ons

#3 Oriental Insurance Co. Ltd.

Oriental is a Government of India owned insurance provider and its offerings range from health insurance, car insurance to commercial insurance. The company is one of the oldest operating general insurance companies in India and has won awards like – ‘best public general insurance award’ and ‘best bank and financial institution award’. It is one of few companies to be awarded iAAA rating by ICRA in India, signifying the strong financial leverage the company has. Its benefits are:

  • Trust-worthy brand
  • More than 80% of claims are settled
  • Rapid claim settlement process
  • Low-cost offerings

#4 The New India Assurance Co. Ltd.

New India Assurance is wholly owned subsidiary of the India Government. Its background in insurance includes health insurance, car insurance, and commercial insurance among others. It is the largest general insurance company in India, in terms of gross premium collected. The company is known to be trustworthy and has an excellent track record. It has been awarded A- rating by A.M.Best Co, the only Indian insurance company to receive the honour. Its benefits are listed below:

  • It takes only 3 days to make a decision on a claim
  • Claim surveyor appointed within 48 hours of a claim being made
  • Paperless insurance renewal
  • Special add-on covers
  • Low-cost premium
  • All grievances are resolved within 15 days

Best Policy Plans in Car Insurance Online

Now that you know the best policy providers in India, it’s time to move on to the best car insurance online policies.

Bajaj Allianz Car Insurance Policy

Thanks to its network of over 4,000 garages, Bajaj Allianz remains one of the most sought-after car insurance brands in the country. Its policy includes coverage for own damage, third-party liability coverage, and a personal accident cover. Its claim process is seamless and the customer service teams operate even on Sundays.

New India Assurance Car Insurance Policy

The New India Assurance car insurance offers special discounts on its premium if the owner is an Automobile Association Member or has installed an anti-theft device in the car. In addition to providing INR 7.5 lakhs for third-party cover for property damage, the policy also covers damage to car accessories.

TATA AIG Car Insurance Policy

TATA AIG’s products have always been valued and its policy remains one of the best car insurance online plans. The plan offers up to INR 7.5 lakhs in third-party cover along with Auto-Restore Warranty for damage resulting from accidents and complete salvage value.

If you’re looking to find the best option for your car, head on to and compare car insurance online quotes today!

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