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Best Car Insurance with Engine Cover

Purchase of a car is often an exciting moment in one's life. And thus ensuring its safety and well being is important. Also, any mishap involving your car can result in financial liabilities. The best way you can ensure the safety of your car along with safeguarding yourself against such financial liabilities is by getting a suitable car insurance policy A car insurance policy is like a parachute that keeps the policyholders protected during times of unfortunate events.

Engine Protection Cover in Car Insurance

The engine of a car plays a similar role is like a heart in the human body. It is the most important as well as the expensive part of your car. Therefore, it is important to keep it protected even in extreme conditions. Once it gets damage, repairing it will involve predominant material cost as well as labour charges.

An Engine Protection Cover can protect you from such repairing expenses. This protection comes as a car insurance add-on. It can be opted with either a comprehensive insurance policy or a standalone own-damage car insurance plan.

Top 7 Car Insurance Companies Providing Engine Cover As Per Own Damage Claim Settlement Ratio

Insurance company

OD Claim Settlement Ratio as per FY 2017-18



Royal Sundaram


New India


Tata AIG


Bajaj Allianz


Oriental Insurance


Universal Sompo


(Source: IBAI’s General Insurance Claim Insights Handbook For Policyholders - 3rd Edition)

According to the own damage claim settlement ratio of FY 2017-18, these 7 car insurance companies are among the best ones for buying an engine protection cover.

1. IFFCO Tokio Car Insurance

420 reviews
Know more about IFFCO Tokio Car Insurance
  • Highlights

    Enjoy seamless free service at 4300+ garages
    Check in your City
    Avail perks of zero dep without any limits
    1,00,000+ happy customers and counting
    Renew your car insurance policy in minutes
    95.30% Claim settlement ratio
  • IFFCO Tokio General Insurance Company

    IFFCO Tokio General Insurance Company is one of the leading private insurance companies in India. It has been able to maintain an excellent reputation in the market by creating a wide base of satisfied customers. The OD claim settlement ratio of IFFCO Tokio in FY18 stood at 96.52%.

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  • Iffco Tokio Car Insurance User Reviews

    A supportive team like family

    The InsuranceDekho family provided me with strong support as...

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    On: December 24, 2019

2. Royal Sundaram Car Insurance

435 reviews
Know more about Royal Sundaram Car Insurance
  • Highlights

    3300+ Avail prompt services at authorized cashless garages
    Check in your City
    4 working hours Claim Survey is done
    92.66% Recorded claim settlement ratio
    Round the clock assistance and emergency services provided
  • Royal Sundaram General Insurance Co

    Royal Sundaram General Insurance Co. Ltd believes in providing brilliant services to its customers. It has an OD claim settlement ratio of 94.96%. .The Royal Sundaram engine protection add-on provides damage cover for gearbox, Hydrostatic lock, lubricant oil leakage and water ingression.

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  • Royal Sundaram Car Insurance User Reviews

    Sit back and Relax

    After payment, I was able to sit back and relax. The portal ...

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    On: December 24, 2019

3. New India Car Insurance

465 reviews
Know more about New India Car Insurance
  • Highlights

    Only direct insurer in India to be rated A-(Excellent) by AM BEST Company since 2007
    Check in your City
    Pan India operation with 2452 offices
    Pioneer in the non-life insurance segment for more than 40 years
    Round the clock support
  • New India Assurance Company

    The New India engine protection cover safeguards the engine of the insured’s car. The company compensates for all the damages made on the engine of the car. It provides engine protection cover to the cars with an age of up to 5 years.

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  • New India Car Insurance User Reviews

    No Claim Bonus

    To be honest I was completely unaware of the No Claim Bonus ...

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    On: December 24, 2019

4. TATA AIG Car Insurance

426 reviews
Know more about TATA AIG Car Insurance
  • Highlights

    90.49% Super impressive claim settlement ratio
    Check in your City
    5900+ Cashless garages
    Quick and Hassle-free Policy Renewals
    Enjoy 24*7 emergency assistance
  • Tata AIG General Insurance

    Under the TATA AIG engine protection cover, the company bears the cost of repairing and replacing the internal parts of the engine. Along with that, it provides cover to gearbox and transmission. It not only helps to protect your engine but also contributes to keeping it healthy.

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  • Tata Aig Car Insurance User Reviews

    Compare before buying

    The InsuranceDekho portal is a single platform to compare di...

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    On: December 24, 2019

5. Bajaj Allianz Car Insurance

506 reviews
Know more about Bajaj Allianz Car Insurance
  • Highlights

    Round the clock road-side assistance
    Check in your City
    4000+ Cashless garages at your service
    95% claim settlement ratio
    Exclusive DriveSmart service available
  • Bajaj Allianz Life Insurance

    Bajaj Allianz complete replacement and repair option for analytical parts of the engine such as gearbox, crankshafts, pistons, shafts and the head of the cylinder. It provides reimbursement for the labour cost as well.

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  • Bajaj Allianz Car Insurance User Reviews

    Got an insurance policy really fast

    The most notable fact about Insurance Dekho is that they off...

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    On: December 24, 2019

6. Oriental Car Insurance

93 reviews
Know more about Oriental Car Insurance
  • Highlights

    Network of 31 regional offices and more than 1,800 active branches
    Check in your City
    A huge number of network garages, which offer direct cashless claim
    Total strength of 14,000+ employees and well established in the rural parts of the country.
    Overseas operations in countries like Nepal, Kuwait and Dubai
  • Oriental Insurance Company Ltd.

    Under the Oriental engine protection cover, the policyholders get compensation even for engine repairs that are not associated with the accident. The cars that are not older than 3 years are eligible for this cover.

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  • Oriental Car Insurance User Reviews

    Zero Depreciation Cover

    I got to know of the term Zero Depreciation Cover only from ...

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    On: December 24, 2019

7. Universal Sompo Car Insurance

299 reviews
Know more about Universal Sompo Car Insurance
  • Highlights

    First private-public joint venture company in India
    Check in your City
    Ranked 5th in ICMR-BMF survey of top 15 non-life insurance companies
    24*7 responsive customer support
    Instant and paperless policy renewal
  • Universal Sompo General Insurance

    The Universal Sompo add-on cover provides coverage against non-accidental engine damage resulted from flood, rain, leakage etc. It allows the policyholders to enjoy coverage for no-claim bonus and earn premium discounts at the end of the claim-free year.

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  • Universal Sompo Car Insurance User Reviews

    Zero Depreciation car cover

    Having this type of insurance cover, it made my car insuranc...

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    On: December 24, 2019