PaisaOne
Loading your financial journey...
PaisaOne
Starting ₹6/day
Instant Policy

Car Insurance Online - Compare & Save Up to 85%

Get comprehensive car insurance from 25+ top insurers. Instant quotes, cashless claims at 8000+ garages, and 24/7 roadside assistance. Protect your car with the best coverage at lowest premiums.

8000+ Cashless Garages
24/7 Claim Support
25+ Top Insurers

What is Car Insurance?

Once you've secured the car of your dreams, the next step is to get car insurance from a reliable provider. Think of it as a safety net for your beloved ride and the loved ones who will use it.

Car insurance, also called four wheeler insurance, is a contract between an insurer and you, the policyholder to protect you from unpredictable circumstances like accidents, theft or natural calamities. In India, car owners have the choice between three types of four-wheeler insurance, namely Standalone own-damage insurance, Third-party insurance, and Comprehensive coverage.

According to the Motor Vehicles Act of 1988, every car owner must have at least a third-party insurance policy. This provides coverage in case you are ever involved in an accident causing physical or property damage.

Get Quote Now
Car Insurance at a Glance
Premium Range₹2,000 - ₹25,000/year
Cashless Garages8000+ Network
Claim Settlement99.5% Success Rate
Coverage Types3 Main Types
Add-ons Available10+ Options
Tax BenefitsUnder Section 80D

Key Features of a Car Insurance Policy

Here are some of the key benefits of having a car insurance policy

Financial Protection Against Damages

Covers repair and replacement costs when your car is damaged due to accidents, theft, fire, vandalism, or natural calamities, reducing your out-of-pocket expenses.

Third-Party Liability Coverage

Legally required to drive in India, it protects you from financial and legal obligations if your car injures someone, damages their vehicle or their property.

Personal Accident Cover

Provides financial support if the owner-driver faces injury, disability, or death due to an accident, helping cover medical bills and loss of income.

No Claim Bonus (NCB)

Helps reduce your cost of renewal for having no claims made during the policy term, helping you save money over time.

Cashless Repairs at Partner Garages

Allows you to get your car repaired at network garages without paying upfront, with the insurer settling costs directly with the repair centre.

Types of Car Insurance

Choose the right car insurance policy for yourself from the different types available

Recommended
Comprehensive Car Insurance
Complete protection covering own damage, third-party liability, theft, and natural calamities
₹2,881 - ₹15,000/year
  • Own Damage Cover
  • Third Party Liability
  • Theft Protection
  • Natural Calamity Cover
Get Quote
Third Party Car Insurance
Mandatory coverage for third-party death, injury, and property damage as per law
₹2,000 - ₹8,000/year
  • Third Party Death
  • Third Party Injury
  • Property Damage
  • Legal Compliance
Get Quote
Standalone Own Damage
Coverage for your vehicle against accidents, theft, fire, and natural disasters
₹3,000 - ₹12,000/year
  • Accident Coverage
  • Theft Protection
  • Fire Damage
  • Natural Disasters
Get Quote

Third-Party vs Comprehensive vs Own Damage Insurance

Compare different types of car insurance coverage

CoverageThird-party (Mandatory)Own DamageComprehensive (Recommended)
Damage to third-party vehicle
Own damage cover
Personal accident coverOptional Add-onOptional Add-onOptional Add-on
Natural disasters coverage
Theft and vandalism

Car Insurance Add-ons

Enhance your car insurance coverage with additional add-ons for complete protection

Zero Depreciation

No depreciation on claim settlement for parts replacement

₹1,500 - ₹5,000

Engine Protection

Coverage for engine damage due to water ingression

₹800 - ₹3,000

Roadside Assistance

24/7 emergency roadside support and towing

₹500 - ₹1,500

Return to Invoice

Get invoice value in case of total loss or theft

₹1,000 - ₹4,000

Personal Accident

Coverage for driver and passengers

₹300 - ₹1,000

NCB Protection

Protect your No Claim Bonus even after claims

₹500 - ₹2,000

Top Car Insurance Companies in India 2025

Compare quotes from India's leading insurance companies with high claim settlement ratios

HDFC ERGO

Cashless Garages:6,800
Claims Settled:99.48%
Rating:
4.8
Starting From:₹2,881
Check Prices

ICICI Lombard

Cashless Garages:5,600
Claims Settled:94.84%
Rating:
4.7
Starting From:₹3,200
Check Prices

Bajaj Allianz

Cashless Garages:4,000
Claims Settled:98.50%
Rating:
4.6
Starting From:₹2,950
Check Prices

SBI General

Cashless Garages:16,000
Claims Settled:100.00%
Rating:
4.8
Starting From:₹2,750
Check Prices

United India

Cashless Garages:3,100
Claims Settled:95.00%
Rating:
4.2
Starting From:₹2,396
Check Prices

Royal Sundaram

Cashless Garages:3,300
Claims Settled:98.60%
Rating:
4.5
Starting From:₹3,100
Check Prices

Why Choose PaisaOne for Car Insurance?

Experience hassle-free car insurance with comprehensive coverage and exceptional service

Comprehensive Protection

Complete coverage for your vehicle against all risks including accidents, theft, fire, and natural disasters

Instant Policy Issuance

Get your car insurance policy issued instantly online with immediate coverage activation

Easy Premium Calculator

Calculate your car insurance premium instantly with our advanced premium calculator

24/7 Claim Support

Round-the-clock claim assistance with dedicated customer support team

Cashless Garage Network

Access to 8000+ cashless garages across India for hassle-free repairs

No Claim Bonus

Earn up to 50% discount on premium renewal for claim-free years

How to Buy/Renew Car Insurance Online?

Get your car insurance in just 3 simple steps

1

Fill Your Car Details

Provide car details such as its make, model, registration number to see car insurance prices from top providers

2

Compare Car Insurance Quotes

Select the plan which fits your budget & requirements best, out of all the available car insurance plans

3

Make Payment Online

Pay the policy premium online & get your car insurance document delivered instantly to your inbox

What is Covered & Not Covered

Understand what your car insurance policy covers and excludes

What is Covered
  • Natural disaster coverage (floods, storms, cyclone, earthquakes)
  • Personal accident cover for driver and passengers
  • Cashless repairs at network garages
  • Coverage for accidents, theft, and terrorism
  • Third-party legal liabilities
  • No claim bonus benefits
  • Fire and explosion damage
What is Not Covered
  • Ageing and wear & tear of your car
  • Mechanical and electrical breakdown
  • Damage due to driving under influence of drugs/alcohol
  • Driving without valid driving licence
  • Consequential losses
  • War or nuclear risk damages
  • Racing or speed testing

Car Insurance Claim Process

Simple and hassle-free claim settlement process

Cashless Claim Settlement Process
Get your car repaired at network garages without paying upfront
1

Inform the Insurer

Contact your insurance company immediately after the accident

2

Visit Network Garage

Take your car to the nearest cashless garage from the network

3

Submit Documents

Provide required documents and get pre-authorization

4

Repair Completion

Insurer settles the bill directly with the garage

Eligibility Criteria

  • Vehicle should be registered under Regional Transport Office (RTO)
  • Must have car registration papers
  • Valid driving licence required
  • KYC documents for verification

Required Documents

  • Government authorized ID (Passport/PAN Card/Aadhar Card)
  • Valid driving license
  • Registration Certificate (RC) of vehicle
  • Passport size photographs
  • Previous policy documents (for renewal)

Frequently Asked Questions

Get answers to common questions about car insurance

What is a car insurance policy?

Car insurance is an agreement between an insurance company and a car owner under which the former provides coverage for financial damages incurred by the vehicle in unforeseen events. There are three types: third party, standalone own-damage and comprehensive insurance.

Is car insurance mandatory in India?

Yes, at least third-party car insurance is mandatory in India as per the Motor Vehicles Act of 1988. Driving without valid insurance can result in penalties and legal consequences.

How is car insurance premium calculated?

Car insurance premium depends on factors like vehicle make/model, age, location, driving history, IDV (Insured Declared Value), coverage type, add-ons selected, and No Claim Bonus eligibility.

What is the difference between comprehensive and third-party car insurance?

Comprehensive car insurance covers both own damage and third-party liabilities, while third-party insurance only covers damages to third parties. Comprehensive insurance provides complete protection for your vehicle.

What is Zero Depreciation cover?

Zero Depreciation cover is an add-on that ensures you get the full claim amount without any depreciation deduction on car parts. It's available for cars up to 7-10 years old depending on the insurer.

How to make a car insurance claim?

To make a claim, immediately inform the insurer, file an FIR if required, take photos of damage, submit necessary documents, and coordinate with the surveyor for assessment. For cashless claims, contact the insurer before repairs.

What is IDV in car insurance?

IDV (Insured Declared Value) is the maximum amount your insurance company will pay in case of total loss or theft of your car. It represents the current market value of your vehicle.

Can I transfer my car insurance to a new owner?

Yes, car insurance can be transferred to the new owner when selling a used car. The new owner needs to inform the insurer and complete the transfer process with required documents.

Ready to Protect Your Car?

Get instant quotes from 25+ top insurers and choose the best car insurance plan for your needs