Types of Cars in India

With the significant growth of the automobile industry in India, there has also been a rapid multiplication of the types of cars in India. While choosing the right car can be difficult, you must also consider the cost of car insurance before making a choice. Securing your car with adequate car insurance is mandatory as per Indian law, and it also acts as a financial shield during unforeseen circumstances like accidents, theft, and natural calamities. Your car insurance cost will vary based on the make and model of your car, in addition to other factors.

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The automobile industry has grown significantly in India over the past few decades. Earlier, owning a car was limited to a small segment of the Indian population. However, over the last few years, car ownership in middle-class Indian families has significantly increased in urban areas and metropolitan cities. 

While choosing the right car can be a difficult decision, with the various car options available, you must also consider the cost of car insurance for your car before making the choice. Securing your car with adequate car insurance is necessary, not only because it is mandatory as per Indian laws, but also because it acts as your financial shield during unforeseen circumstances like accidents, theft, natural calamities etc. The cost of your car insurance will vary based on various factors, which also includes the make and model of your car. 

So, to help you make the right choice, we have compiled a list of the types of cars in India and the factors that determine the cost of car insurance.

Classification of Cars in India

The vast Indian automobile market has a ton of customers with different requirements. As a result, car companies have diversified their products to suit the varied needs of customers. Here is a list of all types of cars in India that you can choose from.

Hatchback

 

Source: Wikipedia Commons

Hatchbacks are compact cars with a rear ‘hatch’ or door that opens vertically to give access to the trunk. Ideally, most hatchbacks are designed with the front-wheel-drive format, but there are a few exceptions. Apart from the back ‘hatch’ door, most hatchbacks are built with four doors, but some two-door hatchbacks are also available in the market. Here are some of the best hatchbacks available in India:

Hatchback Car

Price

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)

Renault KWID

₹4.58 Lakhs

₹2,094

Maruti Suzuki WagonR

₹5.39 Lakhs

₹2,094

Hyundai i20

₹6.98 Lakhs

₹2,094-₹3,416

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Sedan

Source: Wikipedia Commons

Sedans are spacious, comfort-focused cars with four doors and a separate trunk. Sedans have a ‘three box’ body structure, where the front box houses the engine, the middlebox houses the passengers and the third box contains the trunk. Here are some of the best sedans available in India:

Sedan Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Hyundai Verna 

₹9.32 Lakh

₹3,416

Skoda Slavia

₹10.69 Lakh 

₹3,416

Honda City 

₹11.23 Lakh

₹3,416

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Compact Sedan

Source: Wikipedia Commons

A compact sedan has all the features of a sedan but in a much more compact body. The compact sedan is very popular in the Indian automobile market as they offer the practicality and trunk space of a hatchback with the look and comfort of a sedan. Compact sedans measure less than four metres in length and the Indian Tax System offers tax benefits on cars of the same length. Hence, this adds to the popularity of compact sedans. Here are some of the best compact sedans available in India:

Compact Sedan Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Tata Tigor

₹5.82 Lakh 

₹3,416

Hyundai Aura 

₹5.99 Lakh 

₹3,416

Maruti Dzire 

₹6.09 Lakh

₹3,416

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Coupé

Source: Wikipedia Commons

A coupé is a two-door car that has a distinct sloping roofline, which gives it a sporty look. It has a powerful engine and consists of only two seats. Coupés are expensive and considered to be luxury cars. Here are some of the best coupés available in India:

Coupé Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Jaguar F-Type 

₹98.13 Lakh 

₹7,897

Porsche 718

₹1.25 Crore

₹7,897

BMW M4 Competition

₹1.43 Crore

₹7,897

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Four-Door Coupé

Source: Wikipedia Commons

Four-door coupés have space for four passengers instead of the usual two. 4-door coupés have the same distinct sloping rooftops that give them their signature look. While 4-door coupés are expensive, these are more popular than regular coupés as they have space for four people and are appropriate for families. Examples of 4-door coupés in India are:

Cars 

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Mercedes-Benz CLS

₹84.70 Lakh 

₹7,897

Audi RS5

₹1.07 Crore

₹7,897

BMW 8 Series Gran Coupé

₹1.32 Crore

₹7,897

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Crossover Hatchback

Source: Wikipedia Commons

Crossover hatchbacks are cars with an exterior look and design that resembles an SUV. However, crossover hatchbacks are not qualified as SUVs. They are popular in India for the SUV design in a compact hatchback body. Here are some of the best crossover hatchbacks available in India:

Crossover Hatchback Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Toyota Glanza 2022

₹6.39 Lakh

₹3,416

Tata Tiago NRG 

₹6.65 Lakh

₹3,416

Hyundai i20 N Line

₹9.90 Lakh

₹3,416

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Station Wagon

Source: Wikipedia Commons

Station Wagons, also known as estate cars or simply wagons, are based on a sedan body type with an extended roofline. They offer a spacious trunk space that can be used for practical applications. Their comfort and space have increased their demand in the Indian market. Here are some of the best station wagons:

Station Wagon Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Porsche Taycan Turbo Cross Turismo

₹2.10 Crore

NA

Volvo V60 Cross Country

₹45 Lakh (Expected)

₹7,897

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Convertible

Source: Wikipedia Commons

Convertibles are usually luxury cars with a removable/retractable roof. Convertibles can come with either a soft cloth roof or a hard metal roof, which can be opened in a few seconds. They are also of various types (two/four-door) and usually quite expensive. Here are a few of the popular convertible cars available in India:

Convertible Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Mini Cooper Convertible 

₹45.50 Lakh

₹7,897

Mercedes-Benz C-Class

₹50.01 Lakh

₹7,897

BMW Z4 

₹69.90 Lakh

₹7,897

 

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

MPV (Multi-Purpose Vehicle)

Source: Wikipedia Commons

Multi-purpose vehicles, also known as MPVs, are large utility cars with more space than regular cars. MPVs offer three or more rows of seating. They are usually designed like vans/minivans to optimise for the most interior space. Here are some of the popular MPVs available in India:

MPV Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Maruti Ertiga 

₹8.12 Lakh

₹3,416

Maruti Suzuki XL6

₹10.14 Lakh

₹3,416

Mahindra Marazzo

₹12.80 Lakh 

₹3,416

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

SUV (Sports Utility Vehicle)

Source: Wikipedia Commons

SUV stands for Sport Utility Vehicles. These cars are rugged and made for outdoor use on rough terrains. The main features of an SUV include higher ground clearance, four-wheel drive, and off-road capabilities. Here is a list of popular SUVs in India:

SUV Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Renault Kiger

₹5.70 Lakh

₹2,094

Mahindra Thar 

₹13.17 Lakh

₹7,897

Toyota Fortuner

₹31.39 Lakh

₹7,897

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Crossover SUVs

Source: Wikipedia Commons

Crossover SUVs look like SUVs but are based on the design of a hatchback. Crossover SUVs are popular in India as they offer the luxurious look of SUVs but with the practicality and low maintenance of hatchbacks. Here are some of the popular crossover SUVs in India:

Crossover SUV Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Maruti Suzuki S-Presso

₹3.85 Lakh

₹2,094

Nissan Kicks 

₹9.49 Lakh

₹3,416

Hyundai Creta 

₹10.23 Lakh 

₹3,416

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.

Coupé SUV

Source: Wikipedia Commons

Coupé SUVs look like coupés with a distinct sling roofline but are essentially SUVs when it comes to the features and specifications. Coupé SUVs offer a thrilling driving experience and many of them come with a racetrack mode as well. However, they are expensive. Here are some of the top coupé SUVs available in India:

Coupé SUV Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

BMW X4

₹70.50 Lakh

₹7,897

Mercedes-Benz GLC Coupé

₹71 Lakh

₹7,897

Porsche Cayenne Coupé

₹1.34 Crore 

₹7,897

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Compact SUV

Source: Wikipedia Commons

Compact SUVs are cars with all the features of SUVs but in a more compact body. Compact SUVs have front-wheel drive and measure less than four metres in length. Even with their compact design, they offer the standard SUV features like high ground clearance and off-road capabilities. Here are some of the best compact SUVs available in India:

Compact SUV Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Tata Punch

₹5.67 Lakh 

₹3,416

Mahindra XUV 300

₹8.16 Lakh

₹3,416

Kia Seltos 

₹9.95 Lakh 

₹3,416

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Hybrid Cars

Source: Wikipedia Commons

The popularity of hybrid cars is on the rise in India due to concerns about environmental pollution. Hybrid cars combine a petrol/diesel engine with an electric motor, and either of these two can be used to run the car. They are helpful for the environment and lower the expenses of diesel/petrol for the users. Here is a list of some of the hybrid cars available in India:

Hybrid Car

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

MG Hector Plus

₹15.94 Lakh

₹7,897

Lexus NX

₹64.90 Lakh 

₹7,897

Lexus LC 500h

₹2.09 Crore

₹7,897

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Pick-up Trucks

Source: Wikipedia Commons

Pick-up trucks are large durable cars with a large space in the back for storage. These cars are usually preferred by commercial drivers to transport large amounts of goods and materials. Here are a few pick-up trucks available in India: 

Pick-up Truck

Price*

Proposed Third-Party Premium Rates FY 2022-23

(w.e.f 1st June 2022)~

Tata Yodha Pickup

₹6.94 Lakh

₹7,897

Mahindra Bolero Maxi Truck Plus

₹7.38 Lakh 

₹7,897

Isuzu D-Max

₹11.99 Lakh 

₹7,897

The prices mentioned above are the ex-showroom prices for Delhi and are subject to change based on the city.
Third-party premium rates are indicative. The actual car insurance premium may differ depending on various factors.

Does the Car Insurance Premium Differ for Each Car?

The car insurance premium differs for different car categories as there are various factors that are considered while computing the same. Some of these are:

  • Make and Model of the Vehicle

The premium for car insurance plans may differ for each car based on the car manufacturing brand and its model. For example, the insurance premium for luxury cars may have be higher as compared to low-end cars. Similarly, the premium for a vehicle with a higher engine cubic capacity (cc) will be higher.

  • Fuel Type

Insurers charge a higher premium for a CNG car as compared to petrol/diesel cars. This is because the cost of maintaining a CNG-run car is higher as compared to petrol/diesel-run cars.

  • Insured Declared Value (IDV)

This is the maximum sum that your insurer agrees to pay you in the event of the total loss or theft of your car. The IDV of a car is calculated by taking into account the manufacturer's selling price for the car and the depreciation in the value of the car’s parts. Higher the IDV of a car, higher will be the car insurance premium.

  • No Claim Bonus (NCB)

If you have purchased a car insurance previously and have not made any claim against it during the policy tenor, you will be rewarded with the NCB. You can use this reward to get a reduction in the renewal premium for car insurance.

To Conclude

Buying a car can be confusing, especially when there are so many types of cars in India. Factors such as affordability, family requirements, future expenses, etc. should be taken into consideration before making any decisions.

No matter what type of car you choose to buy, having a comprehensive car insurance plan is very important. A good car insurance plan will help you recover the financial loss in the event of an unfortunate accident. You can take a look at the car insurance plans available at Bajaj MARKETS, which offer extensive coverage, swift car insurance claim settlement, and much more.

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FAQs on Types of Cars in India

  • ✔️What are the different types of cars in India?

    The various types of cars in India include hatchbacks, SUVs, sedans, hybrids, pick-up trucks, and many more.

  • ✔️How do you classify cars?

    A car can be classified under the categories of passenger cars, utility vehicles, SUVs, sedans, trucks and buses, trailers, etc.

  • ✔️Which is the best type of car?

    Different types of cars have different functionalities that offer various benefits. There isn’t a single, specific ‘best type of car’.

  • ✔️Which is the best- petrol cars or diesel cars?

    While petrol cars have higher initial power, diesel cars are more efficient in higher gears. Petrol cars are good for short distances, and diesel cars are preferable for longer runs.

  • ✔️Which type of car is best for off-road driving?

    SUVs are suited for off-road driving as they offer a high ground clearance.

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