The niche of motor insurance constitutes more than 70% of India’s general insurance market. With each passing year new car insurers are making their way into the thriving domain of car insurance. This has made the task of finding the best car-insurer in India a daunting task for those people who have newly bought a car. This article aims to educate car-owners from all walks of life as it discusses about the best car insurance companies in 2016 in India for all categories of cars.
Types of cars in India
Cars differ in terms of different mechanism, configurations and specifications. Some of the technical parameters that are used to categorize cars include the following;
Length of the car
Features of the car
Engine capacity
Seating capacity
Structure of the car
Based on these parameters different car-insurers come up with different categories of vehicles. According to one leading car insurance company in India, cars are of following types;
Small
Hatchback
Mid size
High-end
Ultra high
Finding the best car insurance company for each type of car
In order to pick the best car insurance company it is better to compare insurers in terms of their policies on offer for all types of cars. A car-insurer with great plans for just one category of cars may not be the best choice of car-owners with cars of different categories. So it is wise to find out best provider for each category. Let’s start with the first category which belongs to small cars such as Maruti 800.
Top 5 car insurance companies for small cars
Here are 5 car insurance providers with lowest premium for a small-segment car. The car which is considered to make the comparison is a 5 seater Maruti 800 with 796 cubic capacity. The model variant of the car is AC 4 SPEED and fuel type is petrol.
Source: http://blog.gibl.in/best-car-insurance-companies-in-2016-for-all-types-of-private-cars/
Types of cars in India
Cars differ in terms of different mechanism, configurations and specifications. Some of the technical parameters that are used to categorize cars include the following;
Length of the car
Features of the car
Engine capacity
Seating capacity
Structure of the car
Based on these parameters different car-insurers come up with different categories of vehicles. According to one leading car insurance company in India, cars are of following types;
Small
Hatchback
Mid size
High-end
Ultra high
Finding the best car insurance company for each type of car
In order to pick the best car insurance company it is better to compare insurers in terms of their policies on offer for all types of cars. A car-insurer with great plans for just one category of cars may not be the best choice of car-owners with cars of different categories. So it is wise to find out best provider for each category. Let’s start with the first category which belongs to small cars such as Maruti 800.
Top 5 car insurance companies for small cars
Here are 5 car insurance providers with lowest premium for a small-segment car. The car which is considered to make the comparison is a 5 seater Maruti 800 with 796 cubic capacity. The model variant of the car is AC 4 SPEED and fuel type is petrol.
Source: http://blog.gibl.in/best-car-insurance-companies-in-2016-for-all-types-of-private-cars/