- About Coverfox
Looking for the right insurance plan for your car can be quite confusing sometimes. For a beginner, it is not sometimes but everytime. Do you often face the same problem mentioned above? Do not worry about it, you are not the only one.
What if we told you that, now, you can compare top quotes from the best car insurance providers in India on a single webpage. That too, free of cost! Given this situation, you will definitely compare. Why? options are always good for your wallet.
Through online comparison, not only can you get the best deal but also a variety of value added benefits such as discount, additional cover, no claim bonus, portability and the list goes on.
So why wait? Compare car insurance quotes today on Coverfox - India’s largest digital insurance broker.
|Car Insurance Company||No of Cashless Garages||Incurred Claim Ratio for 2018-19|
|United India Car Insurance||700+||120.79%|
|Universal Sompo Car Insurance||NA||88%|
|Tata AIG Car Insurance||NA||70%|
|Shriram Car Insurance||1500+||69%|
|SBI Car Insurance||5400+||87%|
|Royal Sundaram Car Insurance||4600+||89%|
|Reliance Car Insurance||3700+||85%|
|Raheja QBE Car Insurance (Paytm Insurance)||1000+||102%|
|Oriental Car Insurance||NA||112.62%|
|New India Assurance Car Insurance||1100+||87.54%|
|National Car Insurance||NA||127.50%|
|Liberty Car Insurance||4300+||70%|
|Kotak Mahindra Car Insurance||1000+||74%|
|IFFCO Tokio Car Insurance||4300+||87%|
|HDFC ERGO Car Insurance||6800+||82%|
|Future Generali Car Insurance||2500+||69%|
|Edelweiss Car Insurance||1000+||145%|
|Digit Car Insurance||1400+||76%|
|Cholamandalam Car Insurance||6900+||84%|
|Bharti AXA Car Insurance||5200+||75%|
|Bajaj Allianz Car Insurance||4000+||62%|
Here is a list of the top car insurance providers in India with their incurred claims ratio and cashless garage list.
All you need to do is follow these 5 steps to get your policy in 5 minutes. It is as simple as that!
Step 1 - Visit Coverfox.com.
Step 2 - Enter a few details about your car and click on submit.
Step 3 - View the different quotes from various insurers and compare all of them.
Step 4 - You can compare motor insurance on the basis of the insurer, CSR, IDV, Coverage, Add-ons, Voluntary Deductible, etc.
Step 5 - Select the most suitable and pocket-friendly premium and buy the policy.
Step 6 - Your policy will be available in your inbox within 5 minutes.
At Coverfox, we completely understand that comparing car insurance is difficult. Especially with all those complex words and jargons for which you have no clue. To help you understand better, we make insurance simple and easy, just for you. With Coverfox on board, you can check & compare car insurance rates from the top car insurance companies in India instantly. A complete online comparison can be done from the comfort of your home or even on the go with mobile.
You get to understand the ideal coverage for your car, the right price, and possible discounts. You also get clarity about deductibles and exclusions. This fastens up your buying decisions.
With vast options to choose from, you can assure yourself the best policy that is apt for your car. While doing a comparison, you also get to know if there are new insurers in the market who have better schemes to offer.
You can save money in the overall process of buying comprehensive motor insurance by comparing policies. A side-by-side comparison gives you free quotes offered by various insurers.
Comparing car insurance online is much better as you can clearly see details of the product that insurers offer. You can compare to see who is charging higher premiums and on what grounds. Further, you can also read reviews of different plans to make your choice.
For the repair or replacement expenses of plastic, rubber, glass and other materials which would otherwise not be covered in a regular policy.
We, at Coverfox, provide an unbiased opinion that clears all confusion and helps you buy that perfect plan for you.
No more waiting for days to get your car back on the roads. Our Express Claims Service guarantees 3-day car repairs and claim settlement.
Get up to 60% discounts on your own-damage premium. The discount rates vary for each Car make, model, and Regional Transport Organisation.
There are some things which cannot be missed. You must go through this list before making the final decision of buying a car cover.
Additional Covers - This includes the various riders available for your existing car insurance plan.
Coverage - Choose a car insurance plan which provides comprehensive coverage against third parties as well as own damage.
Car, make, model, and variant - These details help in determining the right cover and premium for your car.
Year of Manufacture - The year in which the car was manufactured.
Fuel Type - A car that consumes CNG, LPG as fuel or petrol or diesel.
Customer Reviews - Customer reviews from an existing policyholder will help you understand the insurer’s service better.
Claim Settlement Ratio - This is the total number of claims settled by the insurer against the total number of claims raised in a financial year. Choose an insurer with a high claim settlement ratio.
Network Garages - Opt for an insurance plan/insurer which has a wide range of network garages across India.
If you are looking to lower the cost of your car insurance premium, look no further. Here are a few things to check while comparing insurance premiums for your car.
There are 3 types of car insurance plans in India. Let us break them down for you.
|Third Party Liability Cover||Comprehensive Car Insurance Policy|
Note: The term ‘IDV’ refers to the maximum claim your insurer will pay if your vehicle is damaged beyond repair or is stolen. Suppose the insured declared value (IDV) of your car is Rs. 8 lakhs while the purchase price was Rs. 10 lakhs, the insurer will disburse a maximum amount of Rs. 8 lakhs.
Pay As You Drive Insurance
This plan charges a premium depending on the usage of the car.
It monitors the total distance travelled by your car.
Ideal for owners of multiple vehicles.
You can buy third party insurance online for cars on Coverfox in combination with comprehensive cover.