About Car Insurance in Pune

Pune is the second-largest metro city in the state of Maharashtra. The city has emerged as a major industrial hub in recent years. Popular companies like Atos, Kirloskar Group, LG Electronics, Hindustan Antibiotics, Venky’s, Tech Mahindra, Cosmos Bank, Emcure Pharmaceuticals, etc. have their national or global headquarters in Pune. As a result, a large part of the urban Indian population is migrating to this city for job prospects.

The city is also an educational hub, often referred to as the “The Oxford of the East”.  Home to over a hundred educational institutes, national research centers, and nine deemed universities, Pune attracts students from all over the world.


Pune city extends its limits to Pimpri, Chinchwad, Khadki, and Dehu Road cantonment towns. The city has a strong road and rail network connecting these towns. Pune is also well connected to other major cities in India through national and state highways. The Mumbai-Pune Expressway is India’s first six-lane high-speed expressway, where only four-wheeler vehicles are allowed. For intra-city transport, localites mostly prefer personal transport. Thus, the sale of two-wheelers and four-wheelers is significantly high in this city. In fact, in the year 2018, the number of vehicles in Pune exceeded its population. 

Popular cars in Pune

Major automobile manufacturers have their base in Pune. Some of these popular names include Piaggio India, Volkswagen India, Mercedes-Benz India, and Bajaj Auto. As a result, you will find a mix of affordable as well as luxury cars on Pune roads. Some of the popular cars in the city are-

  • Innova Crysta
  • Maruti Suzuki Grand Vitara
  • Hyundai Elite
  • Mercedez Benz A class
  • Volkswagen Vento
  • Ford Figo
  • Jeep Compass

Benefits of Car Insurance in Pune

According to a report submitted by the Maharashtra Emergency Medical Services, since the year 2014, Pune has recorded the highest number of road emergencies in the State. Such high numbers are alarming and efforts are going on to increase awareness about road safety in the city. One self-precautionary way to protect you and your car from any accidental damage is by buying a car insurance.  A car insurance policy available on Finserv Markets can offer coverage in case of road accidents or collisions involving your vehicle as well as offer other benefits like-

  • Coverage for hospital expenses in case of injuries sustained during accidents
  • Damages incurred due to the theft of your vehicle
  • Damages incurred to your vehicle during acts of civil disobedience
  • Driver as well as co-passenger coverage
  • Coverage on repair or replacement cost on any damaged part  of your vehicle
  • Third-party related liabilities

Types of Car Insurance plans

You can choose between the following two plans for car insurance in Pune-

  1. Third-Party Liability Car Insurance:  It offers coverage against any loss or damage caused to a third party because of collision or accident with your car. According to the Indian Motor and Vehicles Act of 1988, it is compulsory to have Third-party car insurance if you own a four-wheeler.  However, this insurance plan does not cover the cost of damages caused to your vehicle due to natural calamities or theft of your car.
  2. Comprehensive Car Insurance: As the name suggests, it is a comprehensive insurance plan for your four-wheeler that offers coverage for third-party legal liabilities along with other benefits. A comprehensive insurance plan offers coverage for damages to your car due to natural disasters, injuries sustained due to accidents, or burglary/ theft of your four-wheeler.

Why choose Finserv MARKETS for Pune car insurance?

  • Trust and Reliability: Finserv Markets caters to a loyal clientele of 100 million. Such high customer base bears testimony to their financial and insurance expertise and is reason enough to trust the platform for buying a car insurance.
  • Round-the-clock availability: Our customer care executives are available 24x7 to provide assistance during any step of the four-wheeler insurance application and claim process.
  • Cashless services across network garages: Finserv Markets has partnered with over 4000 garages and car repairing centers across India. You can enjoy cashless servicing for your car in any of these network garages.
  • Low Premium:  You can use the car insurance calculator to compute and avail car insurances for a premium as low as Rs. 3127 per year.
  • In-house processing: The insurance application and claim processing are done in-house. There is  no third-party involvement during any stage of your car insurance process.

List of Network Garages for Pune Car Insurance




The Kothari Wheels

110A/1, Next To Aipt, Pune Solapur Road, Opp Kirloskar Pneumatic, Pune-39


Garve Motors Pvt. Ltd

136/1A/6, Mumbai-Bangalore Bypass High, Wakad


Kgp Auto Ltd

126, Tathwade, Pune Mumbai Highway, Pcmc, Pune


Shree Varad Motors

44/1, Near Akshay Palace, At Post Vadgaon, Tal.: Maval, Dist: Pune



Trimurti Service Center

A/P-Chakan 5178, Tal-Khed, Dist-Pune


Pashankar Garage

251/1, Sadashiv Pet, Nr Bhave High School, Pune-30


Thube Service Station

6 Thube Park, Near Sancheti Hospital, Shivajinagar, Pune


Ace Perkins

C/O Phoenix Warehousing Corp., Gate No 2323/1 & 2, Pune-Nagar Road, Wagholi, Pune-412207


Bhagwat Auto Services Pvt Ltd

1213, Sadashiv Pet, Shop 01, Farmer’s Plaza, Opp Hatti Ganpati, Pune-41103


Sanjay Automobile Engineers Pvt Ltd

Block No 31-B/9, Midc, Bhosari, Pune-25


Frequently Asked Questions on Pune Car Insurance

Q. Is it compulsory to have a car insurance?

A. Yes. It is compulsory for all vehicle owners to have vehicle insurance, by as per law. You can choose between third-party liability cover or a comprehensive cover for your car insurance.

Q. Do you offer NCB for car insurance?

A. Yes, a NCB (No-Claim Bonus) is an add-on feature covered in our car insurance policy. It is a discount offered to the policyholder when you renew car insurance online. However, to become eligible for an NCB, the policyholder should not have made any claim during the entire insurance tenure.

Q. How do I contact you for assistance?

A. You can contact us on our toll-free number -1800-209-5858. Our line operatives are available 24x7 to assist you during any step of applying or claiming for your car insurance. For further information you can also visit our website online. At Finserv Markets, you get assured round the clock assistance and answers to all your car insurance related queries. Contact now!

Q. What happens to my insurance policy if I sell my car?

A. You can send in a written request to transfer your insurance policy in the new owner’s name. However, the NCB benefit cannot be availed in this case.

Check Out Car Insurance Plans Available at Finserv MARKETS

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