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best two wheeler insurance claim settlement ratio

 


1. IFFCO Tokyo Two Wheeler Insurance

The motor insurance for two wheelers from IFFCO Tokyo offers a wide range of coverage as well, and offers 24/7 customer service ensuring that the customer is never left in the dark and is always able to access assistance from the insurance company. The company has an impressive claim settlement ratio of 96.44%.

2. Royal Sundaram General Insurance

With an extremely high claim settlement ratio of 94.07%, you can be sure that your bike is in good hands with Royal Sundaram. Furthermore, it even guarantees a claim settlement process of no more than 10 days, to put your mind at ease.

3. Oriental Insurance Company

Offering a wide variety of coverage and a high claim settlement ratio of 93.16%, Oriental Insurance Company is an excellent choice for insuring your bike or two-wheeler.

4. Universal Sompo General Insurance Company

On the basis of claim settlement ratio for own damage, Universal Sompo again ranks highly with a ratio of 92.45%. Thus when it comes to insuring your two-wheeler, it is a good choice to go for to ensure that your claims have a high chance of being successful.

5. New India Assurance General Insurance

Another excellent choice for insuring your two-wheeler would be New India Assurance General Insurance. With a high claim settlement ratio of 92.23%, it also offers a strong insurance coverage with an unlimited liability cover in case of death or injury of a third party.

6. Tata AIG Two Wheeler Insurance Company

Tata is widely recognised to be a very ethical and approachable insurance company. Thus their services are easily accessible and their customer service lines are approachable and helpful. Their claim settlement ratio is also impressive at 91.80%.

7. SBI General Two Wheeler Insurance Company

SBI is a widely trusted insurance company. The high claim settlement ratio of 91.74% only adds to their excellent credentials. Look no further if you are seeking an approachable and reliable insurance company with an easy purchase or renewal process.

8. Bajaj Allianz General Insurance Company Limited

This is one of the largest insurance companies in India with a wide variety of coverages. It has a high claim settlement ratio of 91.23% would be beneficial to you as a policyholder.

9. HDFC Ergo General Insurance

With a claim settlement ratio of 89.48%, HDFC Ergo is proved to be an extremely good choice when it comes to insuring your two wheeler. Their two wheeler insurance plan offers a wider variety of coverage including add ons like added riders included in your policy. The premiums at HDFC Ergo are also among the lowest in the country, making it an affordable option for you to purchase your two wheeler insurance from.

10. Future Generali India Insurance Company

Future Generali’s two wheeler insurance is extremely beneficial for a variety of reasons. Not only does the company have a high claim settlement ratio of 88.56%, there are also over 2500 cashless network garages throughout the country.



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