Go Back   Team-BHP > BHP India > Team-BHP Reviews > Indian Car Loans & Insurance

View Poll Results: Which company among these?
The New India Assurance 19 13.10%
United India 4 2.76%
Oriental Insurance 5 3.45%
National Insurance 13 8.97%
HDFC Chubb 4 2.76%
ICICI Lombard 12 8.28%
Tata AIG 32 22.07%
Bajaj ALLIANZ 38 26.21%
Iffco Tokio 5 3.45%
Royal Sundaram 7 4.83%
Reliance 6 4.14%
Voters: 145. You may not vote on this poll

Thread Tools Search this Thread
Old 7th June 2005, 00:24   #1
Senior - BHPian
F50's Avatar
Join Date: Mar 2004
Location: Mumbai/USA
Posts: 1,694
Thanked: 92 Times
Arrow Which Insurance Company?

This was the poll which struck my mind after so many polls coming up on Team Bhp. Since, this is the field im going to enter in a short while (unoffcially already started), why not find out which insurance company is popular among bhpians.

Also would like to know :
1. Whether its a Comprehensive or Third Party Insurance
2. Any previous incidents while getting your claim / service given by company
3. Any suggestions
4. If any other company please specify.

P.S. Any information regarding Insurance feel free to contact.
F50 is offline   Reply With Quote
Old 7th June 2005, 00:28   #2
Senior - BHPian
RJK's Avatar
Join Date: Feb 2004
Location: Dubai
Posts: 943
Thanked: 29 Times

TATA-AIG for me. Extremely helpful in settling claims & within short period of time. I love the direct settlement policy on that the most although most of the companies offer it now. I had experience with New india & boy are they slow ! My cheque came after about 3 months..pathetic!
RJK is offline   Reply With Quote
Old 7th June 2005, 00:32   #3
Senior - BHPian
Dippy's Avatar
Join Date: Feb 2004
Location: Mumbai, India
Posts: 7,277
Thanked: 197 Times

I'm with IFFCO TOKIO comprehensive . Pretty quick in sending the claim cheque too

Dippy is offline   Reply With Quote
Old 7th June 2005, 00:41   #4
Montoya's Avatar
Join Date: Apr 2005
Location: Best City In India Mumbai
Posts: 665
Thanked: 0 Times

I guess best is the car comapnys so that you dont have to be the middle man
Montoya is offline   Reply With Quote
Old 7th June 2005, 01:52   #5
Senior - BHPian
revtech's Avatar
Join Date: Nov 2004
Location: Bombay
Posts: 1,991
Thanked: 35 Times

the new india insurance !! as far as i know my dad deals with them.and has not had any complains so far.

revtech is offline   Reply With Quote
Old 7th June 2005, 01:58   #6
Senior - BHPian
X-Machine's Avatar
Join Date: Jul 2004
Location: Mumbai/Tokyo
Posts: 1,476
Thanked: 12 Times

Im on United insurance.No experience with them as yet,since its just been 6mths i changed my company.It was New India for all my cars previously.And they !suck! bigtime.Infact i still have a claim pending since 2 years.Not yet sorted.

X-Machine is offline   Reply With Quote
Old 7th June 2005, 10:31   #7
sridhar24's Avatar
Join Date: Apr 2004
Location: Bangalore
Posts: 959
Thanked: 16 Times

Iam with National Insurance, no problems with it so far.
sridhar24 is offline   Reply With Quote
Old 7th June 2005, 10:45   #8
Team-BHP Support
tsk1979's Avatar
Join Date: Feb 2005
Location: San Jose, CA
Posts: 23,205
Thanked: 16,705 Times

Tata-AIG. Have banged taken 4 claims in 3 years. Nothing higher than 30K, and all the time they lived up to the cashless promise. Never once i had to haggle with them on what counts and what does not. Whatever damage i told them, they took it at face value. No bargaining.
tsk1979 is offline   Reply With Quote
Old 7th June 2005, 10:53   #9
Senior - BHPian
iceman91's Avatar
Join Date: Nov 2004
Location: melbourne/bangalore
Posts: 1,958
Thanked: 22 Times

tata aig...amazing service and backup
iceman91 is offline   Reply With Quote
Old 7th June 2005, 10:56   #10
Team-BHP Support
Rtech's Avatar
Join Date: Apr 2004
Location: Bombay
Posts: 5,769
Thanked: 231 Times

New India Assurance for me. Yes, they are slow in paying out, and they are behind the times as in they don't have the cashless scheme, BUT, my agent gives me excellent service, going out of her way to get things done for me, and at times, even bending the rules for me!

I had the unfortunate experienc of dealing with ICICI and they are TERRIBLE! All their claims about great customer service etc. are rubbish. They would not provide rally cover insurance for my car, nor would they give me a reason why. I can't be more pissed at a company than I am at ICICI.
Rtech is offline   Reply With Quote
Old 7th June 2005, 11:08   #11
Join Date: Nov 2004
Location: Bangalore / Madras
Posts: 1,980
Thanked: 14 Times

My Omni was insured with Oriental. No claims there so I can't comment. They were pretty prompt in sending premuim reminders etc.
My KB125 is insured with Oriental (different branch) for the 9th year running. They don't even send me reminders :-(
My Indica LSi is insured with TATA AIG for the 3rd year running. Had an accident claim in the 1st year. Very efficient. I had a police certificate saying the accident wasn't my fault. Not sure if that speeded things up but the total survey and finalisation of repairs took 30 minutes. They live up to their cashless claim!

hrag is offline   Reply With Quote
Old 7th June 2005, 11:33   #12
Sid Schumacher's Avatar
Join Date: Sep 2004
Location: Bangalore
Posts: 262
Thanked: Once

My cars are insured in Tata AIG...good company that is, their servicing and customer care is top notch.
Sid Schumacher is offline   Reply With Quote
Old 7th June 2005, 11:44   #13
Join Date: Apr 2005
Location: Pune
Posts: 726
Thanked: 9 Times

I have Tata-AIG for the car and Bajaj-Allianz for the bike...not had any dealing yet but seems like they are good (from posts here)
Abhay is offline   Reply With Quote
Old 7th June 2005, 11:51   #14
vahss_11's Avatar
Join Date: Aug 2004
Location: Thane(Mumbai)
Posts: 118
Thanked: 8 Times

i am having reliance insurance for my car(indica) as well as for my bike (karizma), they are fast,,,,dealers dont ask much money because they know how will relaince guys will cut down the cost of bill,,,,,,,,,,,,,,,,
vahss_11 is offline   Reply With Quote
Old 7th June 2005, 11:52   #15
manaa45's Avatar
Join Date: Dec 2004
Location: nerul, navi mum
Posts: 348
Thanked: 13 Times

my both the cars insured with United India.

one of the branch managers is a close family friend so no problems settling the claims fast. in fact he delivers the cheque to us personally. even the claim form and the estimate can be handed over to the surveyor at the time of the survey so no time wasted in submission of the claim forms etc.

my hubby's pulsar insured with new india and the service is pathetic. the claim of accident in January still pending.

other private insurance companies are giving a run for their money to thses national companies which might end up in the consumer benefitting the best.

manaa45 is offline   Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
NH-17 Company Owned Company Operated Petrol Pumps (COCO PPs) Venkat Street Experiences 15 20th March 2016 21:33
Hyundai to exit its 'Company Owned & Company Operated' Showroom in New Delhi mints21 Indian Car Dealerships 5 19th May 2015 19:22
Choice of insurance company dictated by lending bank Lukeskywalker Indian Car Loans & Insurance 11 12th February 2007 18:27
Mclaren1885's zen totalled on 14Jan2006, insurance company settles on 30JUN2006 !!!! mclaren1885 Street Experiences 79 1st July 2006 23:41
Which insurance company? RJK Indian Car Loans & Insurance 2 14th May 2004 22:08

All times are GMT +5.5. The time now is 05:30.

Copyright 2000 - 2018, Team-BHP.com
Proudly powered by E2E Networks