About Car Insurance In Mumbai 

Mumbai, the financial capital of India, is considered to be a great hub of both, commerce and cosmopolitanism. Situated on the Konkan coast in the state of Maharashtra, Mumbai has a GDP of about $ 209 billion, which makes it one of the wealthiest cities in India. Originally consisting of a group of seven islands which were later united to give shape to a thriving metropolis, the city at present, is a major center of trade and industrial development.

Various parts of Mumbai are well-connected to each other through an extensive network of roads and rails. The eastern expressway and the western expressway, run through the heart of the city and connect its eastern suburbs to its western suburbs. These world-class expressways are further conjoined with National Highway 48, which links Mumbai to both, Bangalore and Delhi. Moreover, many arterial roads and state highways have also been constructed in order to service the needs of the city's residents. 

The presence of such well-maintained all-weather roads has ensured that the public transport system of the city remains completely seamless. In fact, rickshaws, buses, monorails, and metros serve as a lifeline for most of Mumbai's working population. And these merely constitute the tip of the iceberg. The number of private vehicles plying on the city roads has increased by over 50% in the last five years. Cars like Maruti Suzuki Dzire, Hyundai i10, Honda Amaze, and WagonR are popular amongst Mumbai's inhabitants.  

Whether you are driving on the Bandra-Worli sea link, the Santa Cruz-Chembur link road, the Sion Panvel highway or the Lal Bahadur Shastri Marg, it is imperative to make sure that your vehicle remains safe. This is primarily because the rate of accidents in Mumbai has consistently remained high in the last few years. Due to reasons like congestion, speeding, and recklessness, these accidents have dealt severe blows to many vehicles.

This is precisely why you should have your car insured. In fact, according to the Motor Vehicles Act, 1988, car insurance has now been made mandatory for all vehicles in India. Not only does it offer complete financial coverage in case of road accidents and the resultant bodily injuries, but it also provides protection against fortuitous incidents like natural disasters, burglary or other similar exigencies.

Why Choose Finserv MARKETS for Car Insurance

The advantages of choosing Finserv Markets for car insurance in Mumbai are as follows:

  • 24 x 7 roadside assistance
  • Swift claim settlement
  • Minimum paperwork
  • Cashless facilities across 4000+ network garages
  • Online availability
  • Trusted company with more than 100 million customers all over India

You can also check the premiums for car insurance plans available on Finserv MARKETS by using the car insurance calculator. The tool not only provides a quote but also allows you to compare quotes offered by insurers in India. Based on the results, you can then choose a car insurance plan that is affordable and fulfils your needs.

With more than 4000 garages located across the country, Finserv markets service numerous customers with great efficiency and diligence. You can visit any of our contact garages to get your car repaired. Some of our network garages are:

Serial Number




Approach Auto Clinic

Approach Auto Clinic-178,Tokersi Jivrai Road,Opp Swan Mill Sewree (W)


Chamunda Motors

Chamunda Motors-Ram Baug,Near Sundar Dham, Off S.V.Road,Borivali(W)


Zenita Auto Works

Behind H.P.Petrol Pump,Navpada Marol Naka,Andheri (E)


Bafna Motors Private Limited

Bafna Motors Pvt Ltd-D-105, TTC Industrial Area, Thane Belapur Road, Near London Pilsner, Navi Mumbai,Navi Mumbai


Navneet Motors

Sanghi Oxygen Compound, MIDC, Mahal Ind. Estate, Off Mahakali Caves Road, Andheri (East),Off Mahakali Caves Road


Best Auto Repairs & Services

Best Auto Repairs & Services-Mharal Road,Titwala Road,Next To Century Rayon,Post-Varap,Tal-Kalyan


Powai Auto Works

Powai Auto Works-Opp.Panch Kutir Bus Stop, Adi Sankaracharya Marg,Powai


Hallmark Automotive Private Limited

D43/2, T.T.C. Industrial Area, MIDC,Shiravane, Navi Mumbai


Fortpoint Automotives

Fortpoint Automotive (Cars) Pvt Ltd-Central Warehousing Corp,Tw-1, C-Block,Cotton Depot,Cotton Green,


Asset Motors Private Limited

Asset Motors Pvt Ltd-C1 AC Bldg, Kantilal Manganlal Estate, Old Pannalal Silk Mill Comppund, L B S Marg, Bhandup (W)

Apart from the aforementioned, if you still want to locate another Finserv Markets garage, you can find them listed according to area and PIN code here. This network garage tab will automatically help you locate a Mumbai car insurance outlet near you!


1. What is the total time period within which a claim has to be settled?

The total time period for settling a claim entirely depends upon how severe the damage to your vehicle is. Based on this, an inspection would be conducted, after which all claims would be settled. 

2. Can I get a car insurance if I am not based in Mumbai?

Yes. Even if you are not based in Mumbai, you can get a car insurance at Finserv Markets. This is because all our insurance policies are available at the click of a button, online. 

3. What is the total tenure of car insurance?

At present, there are only annual insurance plans available at Finserv Markets. This means that the validity of your car insurance in Mumbai would only last for a single year.

4. What does 24 x 7 roadside assistance cover?

24 x 7 roadside assistance is an add-on which offers end-to-end coverage for incidents like lost keys, flat tyres, dead batteries, fuel loss, taxi benefits, minor repairs, and legal advice. 

5. What will happen once my insurance lapses?

Once your car insurance lapses, your vehicle will be inspected for any possible damages. If no damages are detected, your insurance would be renewed for another year.

Check Out Car Insurance Plans Available at Finserv MARKETS

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