About us

Park+ for Business

FASTag

Buy Petrol

Challan

Bill Payments

Store

Car Loan

Car Service

New Cars

Which car insurance is best in India for you?

In India, when you buy a car, to drive it on the roads, you need at least third-party insurance. So all new car owners look for the best car insurance in India.

But the biggest problem is that most online information related to the best car insurance in India is sponsored. So as the car owner, you keep searching for really useful information, keeping aside the product promotions!

So through this article, our attempt is to provide you with all real information so that you make a better decision for your best car insurance policy.

Popular car insurance providers in India

In India, there are well over 20 companies that offer distinctive and highly relevant insurance coverage for your vehicle. According to experts most popular companies are

  • HDFC ERGO General Insurance Company Limited

  • Bharti AXA General Insurance Company Limited

  • Bajaj Allianz General Insurance Company Limited

  • ICICI Lombard General Insurance Company Limited

  • Tata AIG General Insurance Company Limited

  • Reliance General Insurance Company Limited

  • New India Assurance Company Limited

  • Oriental Insurance Company Limited

Types of Car Insurances in India

All these companies provide mainly two types of insurance:

Third-party insurance

  • It is compulsory in India

  • It covers any damage or loss caused by you to a third-party person or vehicle

  • It also protects you from legal consequences in the event of an accident.

  • It is called 'third-party' cover primarily because the beneficiary is someone other than the two parties involved in the insurance contract.

Comprehensive insurance

  • It covers third-party liability as well as damage to the insured person or vehicle in the event of an accident.

  • This type of insurance typically covers damage from vandalism, fire, or falling objects.

  • Standalone Own-Damage Car Insurance is a bundled policy that covers both third-party liabilities and own damages incurred by your vehicle in the event of an accident.

To sum up

Just like your car preference and needs are customized considering your own needs, it's the same for the car insurance policy as well. You consider your needs, budgets, and coverage requirements when choosing the car insurance policy. Besides that, you need to consider your geographical area, the accident rates, etc.

It is advised that you conduct research and compare policies and quotes from various insurers before selecting the one that best suits your needs.

Check the claim settlement ratio, premiums, and policy coverage. Picking the best car insurance in India takes a good amount of time as well as research.

Otherwise, you can save time and energy by opting for neutral parties like Park+ without spending anything!

Park+ provides hard-core facts and information related to car insurance policies, other car-related topics, RTOs, etc. In fact, for their user base, they provide expert advice without any commission.

To avail of the facility you need to download the Park+ app. They have several other car-related services that you can try as well.

Latest News

Understand what is Return to Invoice (RTI) in car insurance

Top-rated car insurance providers in India

Keep reading to discover the best type of car insurance.

Understanding Third-party car insurance: Its Coverage and Necessity

Zero Depreciation Car Insurance: Say Goodbye to Depreciation Blues!

Best Car insurance company in India

Unleash Engine Protect: The Ultimate Car Insurance Upgrade!

No Claims Bonus: Explore How You Can Save Money

Home >
Blog >
car insurance >
which car insurance is best in india for you

Download Park+ app

Stay on the top of your car game with Park+. Sit back and relax while we take care of your car-related needs, all in one place.

google play
app store
google play
app store

Quick Links

Contact Us Blogs SBI FASTag Recharge Telangana Challan Tech Blogs Valet Services Bug bounty

Products

CarsChallan InformationFASTagParking SolutionsFuel PriceRTO

Reach us

[email protected]
For business enquiries :
[email protected]
Unitech Cyber Park, 5th Floor, Tower A, Sec-39, Gurugram, Haryana 122022

© 2025 Park+. All rights reserved

Terms & Conditions | Privacy Policy