Car Insurance in Goa

Goa is one of the most desirable tourist destinations worldwide – boasting of vast stretches of beaches along the Arabian Sea. Filled with tourists year-round, transportation is a big business in the state, and vital to the same is car insurance in Goa. Needless to say, if you live in this tourist state and wish to drive your car, you will also need to carry valid car insurance in Goa. In this article, we’ll take a look at the details of car insurance in Goa and the advantages that come with it.

✓Save 80% on Premium ✓Zero Depreciation & Accessories Cover ✓Lock & Key Replacement Cover| Buy a Car Insurance Now!

Best Car Insurance Plans

If you are looking to buy vehicle insurance in Goa, you can check out the car insurance plans at Bajaj MARKETS in the table below, along with their important features:


Bajaj Allianz General Insurance Co

Acko General Insurance Ltd

HDFC Ergo General Ltd

Third-party cover

Comprehensive Car Insurance

Premium Amount

Starting at ₹2,072 (- + GST, effective 1st April 2022)

Starting at ₹2,072 (- + GST, effective 1st April 2022)

Starting at ₹2,072 (- + GST, effective 1st April 2022)

No of Network Garages


100% cashless garages


Claim Settlement Ratio




Additional Covers

*The aforementioned third-party premium rates are indicative. The actual insurance amount that you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your car insurance policy.

Benefits of Car Insurance

While the government has made it mandatory for all vehicles owners to have insurance, buying a comprehensive car insurance policy also has many benefits:

  • Keep Your Vehicle Financially Covered

A comprehensive car insurance plan will cover the cost of repairs if your vehicle gets damaged in an accident. With the rising prices of commodities across the globe, even minor repairs can cost a ton of money. If your vehicle gets severely damaged, you may even have to spend lakhs on repairs. Getting comprehensive insurance can you save you from this financial trouble.

  • Personal Accident Cover

A comprehensive car insurance plan will also keep you medically covered in case you sustain any injuries in an accident. With the rising medical costs, being medically covered is a safer alternative. Even minor surgeries and short-term hospitalisations can deplete your savings.

Read More: Personal Accident Cover in Car Insurance

  • Obligation to the Law

As per the New Motor Vehicles Act, 2019, all vehicles need to have insurance in order to drive legally on Indian roads. By getting comprehensive car insurance in Goa, you can keep yourself legally protected from paying hefty fines and even imprisonment.

  • Add-On Covers

Comprehensive insurance plans also come with ‘add-on covers’ which you can buy on top of your plan. These are additionally charged and provide enhanced coverage to you and your vehicle, such as zero depreciation car insurance, car theft cover, consumables cover, etc.

Read More: Add-On Covers in Car Insurance

  • No Claim Bonus

In case you have been using your car insurance for a full policy term, you can take advantage of the No Claim Bonus in car insurance or NCB. NCB allows you to get lower premiums at the time of policy renewal if you haven’t made any claims in the policy year.

Network Garages in Goa

One more crucial benefit that many insurance companies offer is ‘network garage’ service. If your vehicle gets damaged in an accident, you can take your vehicle to a network garage that is connected to your insurance company. At this garage, you can get your car repaired at zero cost. The network garage then directly settles the repair bills with your car insurer, so you don’t have to spend a penny. However, if the cost of repairs exceeds the total coverage offered by your insurer, you will have to pay the remaining bills out of your own pocket.

Final Takeaway

A car insurance in Goa is a must if you wish to your drive your vehicle without worrying about getting caught by the cops or the financial liabilities in case you get into an accident. However, choosing the right plan for your precious car may be a confusing process. You can start by comparing all the available car insurance plans online and choose one that serves your needs at a competitive cost. You should also take a look at all the excellent car insurance plans available at Bajaj MARKETS. 

Check Out Car Insurance Plans Available at Bajaj Markets

FAQs on Car Insurance in Goa

  • ✔️Is it compulsory to have four wheeler insurance in Goa?

    If you wish to drive your car on the streets of Goa, you need to have four-wheeler insurance. 

  • ✔️What is the car insurance price in Goa?

    Use the car insurance premium calculator to get an estimate of car insurance price in Goa. 

  • ✔️How can I get the cheapest car insurance in Goa?

    If you want to get a cost-effective plan, you should compare the prices of all insurance plans available online and choose accordingly.