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We reveal India’s most preferred home and car insurance providers, and help you decode their complex jargon
Your biggest assets are your home and car. If they are damaged, it could significantly affect your financial standing, so it is important to insure them adequately. We surveyed 2,989 consumers to understand their levels of customer satisfaction with their insurance companies. We found the overall satisfaction levels of home and car insurance to be 74% and 73%, respectively. Among home insurance providers, New India Assurance (80%), Oriental Insurance (80%) and Tata AIG (77%) came out ahead of the other six, but even United Insurance, at the bottom, fared satisfactorily, with a score of 69%. Similarly, with car insurance, seven of the 10 insurers in our list finished in the 72% to 77% range. Moreover, our survey found that 73% of claims on car insurance are settled within the month. Fine print Policies – especially home insurance policies – can be confusing and complex, and as with all insurance, the fine print is very important. In this report, we tell you what insurers are offering, how much insurance you need, and what you should check before you buy insurance. TO READ FURTHER... Please Login, Register or Subscribe

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