Car & Bike Insurance in India
Insurance is the part of car ownership most buyers overpay for. The same car with the same cover can differ by thousands between insurers, because the own-damage rate, the add-ons and the claim record all move the price. Compare before you renew.
Two covers exist. Third-party is the legal minimum and pays for damage or injury you cause to others. Comprehensive adds own damage — accidents, theft, fire and natural calamities — and is what most owners should hold. Your premium is built from the IDV, the vehicle's age, the no-claim bonus, the add-ons and the insurer's own rate.
Partner insurers
| Insurer | Claim settlement | Rating |
|---|
| Go Digit | 99.1% | 4.5 |
| Acko | 99.4% | 4.4 |
| HDFC ERGO | 98.2% | 4.3 |
| ICICI Lombard | 97.6% | 4.3 |
| Bajaj Allianz | 96.8% | 4.1 |
| TATA AIG | 97.1% | 4.2 |
Premiums shown on the calculator are indicative estimates, not quotes. The insurer's own quote is the binding figure.
Add-ons worth considering
- Zero depreciation — pays the full part cost without deducting depreciation on plastic and fibre parts
- Engine protect — covers hydrostatic lock and engine damage
- Consumables — oils, filters and nuts that a normal claim does not pay for
- Roadside assistance — towing, jump-start and flat tyre help
- NCB protect — keeps your no-claim bonus after one claim
- Key protect — covers a lost or stolen key
Related tools
Frequently asked questions
Is third-party insurance mandatory?Yes. Driving without at least third-party cover is an offence under the Motor Vehicles Act.
What does comprehensive cover?Own damage (accident, theft, fire, natural calamity) plus third-party liability for injury and property damage.
What is IDV?Insured Declared Value — the maximum the insurer pays if the vehicle is stolen or a total loss. A higher IDV means a higher premium.
What is NCB?No-Claim Bonus — a discount on the own-damage premium for each claim-free year: 20% after one year, up to 50% after five.
Can I switch insurers at renewal?Yes, and you can carry your NCB across, subject to the new insurer's rules.