Top 10 Vehicle Insurance Companies in India | Suppliers & Company list 2025

Top 10 Vehicle Insurance Companies in India

This growth is being proliferated by increasing vehicle ownership, rising consumer awareness about financial protection, and regulatory mandates for motor insurance. Moreover, the emergence of digital platforms and competitive pricing structures are further accelerating adoption among both urban and rural customers.

This report emphasizes the Top 10 Vehicle 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 Vehicle Insurance Industry.

List of Leading Companies in the India Vehicle Insurance Market

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

1. HDFC ERGO General Insurance Company Limited

HDFC ERGO is known for its wide range of motor insurance plans, leveraging digital tools to simplify policy purchase, renewal, and claims management.

2. ICICI Lombard General Insurance Company Limited

ICICI Lombard is one of India’s largest private sector general insurers, offering comprehensive motor insurance policies with a focus on quick claims settlement, digital processes, and customer convenience.

3. New India Assurance Company Limited

As a government-owned insurer, New India Assurance offers reliable and affordable motor insurance with extensive reach across India, catering to diverse customer needs.

4. Bajaj Allianz General Insurance Company Limited

Bajaj Allianz provides flexible and feature-rich vehicle insurance products, backed by a strong service network and innovative claim assistance solutions.

5. SBI General Insurance Company Limited

SBI General leverages the vast reach of the State Bank of India network to provide accessible motor insurance products to millions of customers nationwide.

6. Oriental Insurance Company Limited

Oriental Insurance is a public sector giant, known for its transparent policies, wide branch network, and strong claims support in motor insurance.

7. United India Insurance Company Limited

United India Insurance offers extensive vehicle insurance options and is trusted for its nationwide presence, making services accessible to urban and rural customers alike.

8. Tata AIG General Insurance Company Limited

Tata AIG combines international expertise with local market understanding, delivering innovative motor insurance solutions with quick digital processing.

9. Reliance General Insurance Company Limited

Reliance General Insurance offers customizable vehicle insurance plans with add-on covers, ensuring flexibility and enhanced protection for customers.

10. IFFCO Tokio General Insurance Company Limited

IFFCO Tokio is recognized for customer-centric motor insurance solutions, competitive pricing, and simplified policy management through digital channels.

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