Top 10 Car Insurance Companies in India | Leaders in Infrastructure, Trends 2025

Top 10 Car Insurance Companies in India

This expansion is driven by the growing vehicle parc, mandatory insurance regulations, and rising awareness regarding financial protection against accidents and theft. In addition, digital transformation and embedded insurance models are accelerating the sector's.

This report emphasizes the Top 10 Car Insurance Companies in India, as acknowledged through widespread analysis conducted by 6Wresearch internal database. Directed by in-depth market evaluation and industry experts, these leading companies have been known as the primary leaders driving growth and innovation in the India Car Insurance Industry.

List of Leading Companies in the India Car Insurance Market

Below is a comprehensive list of the leading market players driving growth in this sector –

1. SBI General Insurance Company Limited

A joint venture between the State Bank of India and other investors, SBI General Insurance delivers a range of car insurance offerings tailored for the bank's vast customer base.

2. Bajaj Allianz General Insurance Company Limited

A joint venture between Bajaj Finserv and Allianz SE, the company is known for its robust motor insurance portfolio, seamless claim process, and widespread garage network.

3. HDFC ERGO General Insurance Company Limited

A joint venture between HDFC Ltd and ERGO International, HDFC ERGO provides innovative car insurance products backed by digital servicing and hassle-free claim settlement.

4. The New India Assurance Company Limited

A government-owned insurance giant, New India Assurance offers reliable and economical car insurance options across urban and rural areas, with a pan-India reach.

5. ICICI Lombard General Insurance Company Limited

ICICI Lombard is one of India’s top general insurance providers, offering comprehensive car insurance plans with wide coverage, cashless garages, and digital claim solutions.

6. TATA AIG General Insurance Company Limited

TATA AIG offers motor insurance with a customer-centric approach, known for fast digital claim processing, value-added services, and multiple add-on covers.

7. Reliance General Insurance Company Limited

A part of Reliance Capital, the company provides competitive car insurance policies that cater to individual and commercial vehicle owners, with 24x7 claim assistance.

8. Digit Insurance

A digital-first insurer, Digit has disrupted the car insurance space with simplified policy issuance, instant claims, and transparent processes, gaining wide customer trust.

9. United India Insurance Company Limited

Owned by the Government of India, United India Insurance offers cost-effective car insurance products with a strong presence in tier II and III cities.

10. ACKO General Insurance

ACKO is an insurtech company providing fully digital car insurance products, with zero paperwork, instant policy issuance, and AI-driven claim processing.

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