Which Are The Top Two Wheeler Insurance Companies In India?
Are you looking for the best two wheeler insurance companies in India and do not know where to start? Here is a list of the top bike insurance companies in the country.
There are a variety of bike insurance companies in India and thus a great many options to choose from when it comes to deciding where to buy two-wheeler insurance in India. On the basis of bike insurance claim settlement ratio, here are the top companies in India for two wheeler insurance.
Top Two Wheeler Insurance Companies In India
When it comes to insurance companies to buy two wheeler insurance from, there are a variety of options to choose from. Read on to find out about some of the top two wheeler insurance companies in the country on the basis of claim settlement ratio.
1. IFFCO Tokio Two Wheeler Insurance
Not only does IFFCO Tokio offer a wide range of coverage, it also has 24/7 customer service. This ensures that you will never be left without assistance. You will always be able to access help from the insurance company in case of any doubt. Furthermore, they have an impressive claim settlement ratio of 96.44%.
2. Royal Sundaram General Insurance
Royal Sundaram has a high claim settlement ratio at 94.07%. They also guarantee a claim settlement process of no more than 10 days to ensure that you will be at ease and should you have to raise a claim it will not lead to too much time spent waiting.
3. Oriental Insurance Company
Oriental Insurance offers a wide variety of coverage, which is definitely an advantage. Furthermore, they also have a high claim settlement ratio of 93.16%, ensuring that your claims will have a high chance of being successful.
4. Universal Sompo General Insurance Company
Universal Sompo ranks highly in claim settlement ratio for own damage, with an impressive ratio of 92.45%. Your two wheeler will definitely be in good hands with this insurance company.
5. New India Assurance General Insurance
New India Assurance is also an excellent option to insure your two wheeler. Not only do they have a high claim settlement ratio of 92.23%, they also have a strong insurance cover. Furthermore, they offer unlimited liability cover in the case of injury or death of a third party.
Also, Read
Two Wheeler Insurance Comparison - Importance, Steps and More
IRDAI Guidelines For Bike Insurance Policies In India
Conclusion
You may now find it easier to decide which insurance company is best for you. Make sure to research thoroughly and compare your options online in order to select the policy and insurance company that is best for your needs and circumstances as well as that best serves your two wheeler.
You May Also Like To Read: Personal Accident Cover in Two Wheeler Insurance Explained
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.
