Get Car Insurance in Top States and Cities Near You

Car Insurance in India

Insurance claims made by car owners stand at 1.2 lakh crores with the car insurance sector alone worth 70,000 crores. In 2018, motor insurance premium accounted for more than 39% of the total non-life insurance premium in India. Between 2012 and 2018, the car insurance market grew, at a compounded annual growth rate(CAGR) of 11.36%.   

Importance of car insurance in India

You must be wondering, “Why should I buy car insurance near me?” Here are some statistics to consider. More than 1.51 lakh lives were lost in road accidents in 2018, an increase from the previous year. The 1988 Motor Vehicles act has made it compulsory for every car owner to purchase an insurance policy that covers any risks arising due to third parties. 

A third party risk refers to any damage to the vehicle or the owner such as accident, death etc due to man-made or natural disasters beyond control. Moreover, If a person driving a car in public is found without a valid third party insurance policy, it can attract a fine of Rs 2000 for the first time and Rs 4000 for the second offence. Therefore, if you own a car and are wondering if you can find car insurance nearby, it is advisable to protect your vehicle with a comprehensive policy such as the one available on Finserv MARKETS .

Car insurance in states and cities in India

You no longer need to worry and think, “Will i be able to find car insurance near me”? An indicative  list of cities where you can purchase motor insurance is given below. You can easily approach companies and get your vehicle insured wherever you are in India.

Car Insurance for popular car brands and models in India 

Almost all brands of cars and different models launched by them are covered by insurance in India. So regardless of whether you own a Maruti Suzuki or a Honda Cia you can conveniently opt for Bajaj Allianz Car Insurance available on Finserv MARKETS. 

How Finserv MARKETS can save your car in India

Bajaj Allianz Car insurance available on Finserv MARKETS offers 24X7 road assistance wherever you are, thanks to its widespread PAN India network of more than 4000 garages with cashless facility, so that you are never left stranded anywhere. Damage caused to your car due to accident, natural disaster such as earthquake, flood, landslide cyclones etc or man-made incidents such as riots and theft,or any other act of vandalism is covered.

Not only this, if your car is in need of repair or needs a fresh coat of paint, all you need to do is purchase Bajaj Allianz Car Insurance nearby in your city and say goodbye to all these worries. With a high claim settlement ratio of 93%, and swift online claim processing, you can be assured that any claims will be settled speedily. Moreover, with the motor insurance wallet, you can get your car insurance claim approved instantly and get up to Rs 20,000 of cover instantly!  It’s that simple!

Conclusion

Now that all your doubts related to motor insurance  are addressed, make sure that you zero in on the right insurance provider that offers the best protection to your vehicle. Bajaj Allianz Car Insurance available on Finserv MARKETS , starting at just Rs 2072 per year can be easily purchased as well as renewed online in a few simple steps.

Fast, secure and efficient claim settlement process, round the clock assistance and comprehensive coverage has made Bajaj Allianz Car Insurance the preferred choice of more than 100 million customers across India. So secure your car today and stay worry free with car insurance available on Finserv MARKETS.