List of Top-Rated Auto Insurance Providers in India

List of Top-Rated Auto Insurance Providers

Here are the top auto insurance companies that provide commercial insurance for the financial security of the auto rickshaw driver:

Disclaimer: Square Insurance does not rate or evaluate any insurance providers. This list is presented only for informational purposes, arranged in ascending order by year.

1. National India Commercial Vehicle Insurance

National Insurance Company Limited (NICL) is a government-owned insurance company in India, managed by the Ministry of Finance. It was founded in 1906 by Gordhandas Dutia and Jeevan Das Dutia and is based in Kolkata. This company works in a variety of insurance products.

Here are some key points to consider before buying commercial vehicle insurance from National India Company:

• Office on Wheels: It was the first company to launch an office on wheels.
• Buy Policy Online: Customers can buy their third-party liability vehicle insurance policy online.
• Simple Claim Settlement: The claim settlement process is straightforward.
• Effective Customer Service: 24/7 customer service is available for assistance.

2. Reliance General Commercial Vehicle Insurance

Reliance General Insurance is a private insurance company and part of Reliance Capital, which belongs to the Reliance Anil Dhirubhai Ambani Group. It started in 2000 and is based in Mumbai. As of March 2023, it has over 131 branches and works with more than 75,000 agents and partners across India.

Here are some key features of this commercial vehicle insurance company, making it one of the top-rated auto insurance providers:

• Affordable: Auto insurance plans are affordable for auto drivers.
• Video Claims: Simple and transparent video-based claim process with real-time tracking.
• Fast Response: Claim requests are responded to within 48 hours.
• Quick Purchase: This insurer provides a hassle-free and quick service for buying auto insurance.

3. Shriram General Commercial Vehicle Insurance

Shriram General Insurance is a joint venture between Shriram Capital (India) and Sanlam Limited (South Africa). It is approved by IRDAI to offer general insurance services in India. The company provides affordable insurance plans like motor, travel, and home insurance to meet different needs.

Some of the benefits of buying auto insurance from one of the best auto insurance companies for claims handling in 2025 are as follows:

• Buy, Renew, or Claim Online: You can easily buy, renew, or make a claim for your auto insurance.
• Quick Policy with Less Paperwork: Get your policy fast with very few documents needed.
• Easy Renewal: Renewing your insurance is quick and simple through their online platform.
• 24/7 Help for Claims: You get round-the-clock support to help settle your claims on time.

4. SBI General Commercial Vehicle Insurance

SBI General Insurance was founded in 2009 and is based in Mumbai. This company started operations in 2010. It provides a wide range of general insurance products, including motor, home, travel, health, personal accident, marine, and property insurance, along with specialized financial and commercial coverage options.

Some of the benefits of buying auto insurance from this auto insurance provider are:

• No paper policy: It provides paperless services with minimal documentation.
• PA Cover: It provides personal accident cover to the auto driver as well.
• Add-on: Benefits like nil depreciation and cover for loss of personal belongings are provided.
• Cashless Garage: This insurer provides efficient cashless repair services to auto rickshaws at cashless garage centers.

5. Zuno Commercial Vehicle Insurance

Zuno General Insurance started in 2016 to offer non-life insurance services. It is part of Zuno Financial Services Limited. The company provides many types of insurance, including car, bike, health, home, fire, and commercial insurance, as well as loan protection and driver-based plans.

Some of the features of this commercial vehicle insurance company are:

• Full Coverage: It covers injuries caused to the driver and passenger in the insured auto rickshaw.
• Medical Coverage: All the expenses for treatment due to the auto accident are covered.
• Add-on: Roadside assistance and other beneficial coverage are provided with add-ons.
• Online Purchase: This insurance company offers an online platform for commercial insurance purchase and making secure payments.

6. Digit Commercial Vehicle Insurance

Digit Insurance is a digital-first company that aims to make insurance simple and easy to understand. Launched in 2016, it offers a variety of products such as motor, health, travel, and property insurance. With a user-friendly approach, Digit focuses on making insurance more convenient and hassle-free for everyone.

Some of the additional features are:

• Digital-first Approach: Focuses on providing a seamless online experience for customers.
• Wide Range of Products: Offers motor, health, travel, and property insurance plans.
• Simplified Insurance: Designed to make insurance easy to understand and accessible to everyone.
• Quick Claim Process: Known for a hassle-free and fast claim settlement process.

Conclusion

Choosing the right auto insurance provider is essential for protecting your auto, ensuring legal compliance, and managing unexpected expenses. It will not only safeguard you and your vehicle but also the passengers sitting in your back seats.

The top-rated insurers in India offer reliable coverage, easy claims, and customer-friendly services to fulfill various needs, including auto rickshaws and private vehicles. Always compare features, benefits, and premium rates to find the policy that best suits your requirements.

If you want to buy an auto insurance plan, feel free to reach out to our customer care services!