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Royal Sundaram Vs ICICI Lombard Car Insurance Comparison 2026

Royal Sundaram and ICICI Lombard are two different car insurance companies that you can choose from, but some stand out and have a better reputation. The best car insurance company is the one that meets your needs and is worth the money you spend. It's important to compare Royal Sundaram vs ICICI Lombard Car Insurance companies to find the one that will work for you.

Royal Sundaram and ICICI Lombard Car insurance companies make their policies more attractive to consumers by offering different packages and discounts. Before going to buy a car insurance policy from the best car insurance company these factors are necessary.

  • The first factor to consider is the coverage. It is important to understand the type of coverage that you are looking for.
  • The second factor to consider is your driving history. You should know whether or not you have a clean driving record or if you have any accidents on your record.
  • The third factor to consider is your current insurance policy and its expiration date. You should also make sure that you are covered under your current policy before switching policies.

Comparing car insurance quotes from distinct carriers becomes easy to know. PolicyBachat made your work easy by showing a comparison between two carriers. Comparison of insurance online leads to cost efficiency due to low operating costs to maintain online.

PolicyBachat helps to calculate the pros and cons of the policy and buy the desired policy. We give you the distinction between the carrier backgrounds, claim settlement ratio, and network garages to configure the right insurance policy. This article will also help you understand the different factors that can affect your decision on which company to choose for your car insurance.

Key Points Royal Sundaram Car Insurance ICICI Lombard Car Insurance
Claim settlement ratio 92.23 76.53
Cashless Garages 4600+ 9700+
Solvency Ratio 1.87 1.59
Branches 158+ 165+
Customers across India 28 Million 1.5 Million
Claims Settled 98% 97.35%

Royal Sundaram Car Insurance:

In the last few years, Royal Sundaram Car Insurance has been one of the most popular car insurance providers in India. Royal Sundaram Car Insurance is a leading company in the field of car insurance. Royal Sundaram Car Insurance is a leading car insurance company in India with a nationwide presence and over 100 years of experience in providing quality services.

Royal Sundaram Car Insurance is the market leader in motor insurance. The company offers tailor-made policies designed specifically for individual needs, as well as group plans that can be customized according to the needs of your business or organization.

Type of plans
  • Comprehensive Car Insurance
  • Third Party Car Insurance
  • Personal Accident Cover
Add-on/Rider Options
  • Windshield Glass Cover
  • Voluntary deductible cover
  • Vehicle replacement value plus
  • Depreciation Waiver Cover
  • Loss of baggage cover
  • Spare car clause
  • NCB protector
  • Key Replacement Cover
  • Tyre Cover
  • Lifetime Road Tax Clause
  • Aggravation (Damage) Cover Clause
  • Enhanced Personal Accident Cover
Value-Added Services
  • 24x7 emergency assistance and priority cashless service from Trusted repair shops.
  • Multiple, hassle-free claims in less than 5 days
  • Car inspection process in just 20 minutes by M-INSPECT App.
  • M-CHATRA App for all Policy details, Claim Processes, and other requests.

ICICI Lombard Car Insurance:

ICICI Lombard Car Insurance is a leading company that offers insurance to its customers. The company was founded in 2015 by Bharti Enterprises. It provides insurance for cars, home, and other personal properties. However, ICICI Lombard General Insurance has been merged with ICICI Lombard General Insurance.

ICICI Lombard Insurance offers a range of car insurance plans that are suitable for everyone. They offer affordable car insurance coverage and they can be availed by both new and old customers. ICICI Lombard Car Insurance plans come with collision damage waiver, third party liability, uninsured/underinsured motorist coverage, and theft and fire protection, roadside assistance cover.

Type of plans
  • Private Car Package Policy
  • Stand-alone Own damage car insurance
  • Third Party Car Insurance.
Add-on/Rider Options
  • Roadside Assistance Cover
  • Zero Depreciation Cover
  • Engine Protect Cover
  • Garage Cash Cover
  • Consumables Protect Cover
  • Loss of Personal Belongings Cover
Value-Added Services
  • Instant e-policy without paperwork
  • Quick policy purchase online
  • 24x7 claim assistance
  • Cashless claim settlement at network garages.

Comparison of Royal Sundaram vs ICICI Lombard Car Insurance:

Royal Sundaram Car Insurance vs ICICI Lombard Car Insurance offers several offers and discounts. You can check all the latest information here and choose the best as per your taste and budget.

And, along with finding the best car insurance company and policy you further need to gain information about the best car insurance providers operating in India to insure your car. To ease your queries we created a table between these two insurance companies to select the best car insurance company.

Specifications Royal Sundaram car insurance ICICI Lombard Car Insurance
Damage due to Theft
Damage due to Accidents
Damage due to natural calamities, and Manmade Disasters
Personal Accident Cover
Third Party Vehicle and Property damage

More Coverages and Benefits:

Key Features Royal Sundaram car insurance ICICI Lombard Car Insurance
Benefits
  • Minimal Documentation
  • Protection from inflation (No need to pay an extra amount even increase in Third Party premium)
  • Quick claim settlement
  • Vehicle replacement value plus
  • Quick Claim Settlement Process within 10 working days.
  • Instant motor claim settlement via InstaSpect
  • 24x7 customer service
  • User-friendly interface
  • Paperless transactions
  • Wide range of add-ons
  • Quick policy approval.
Coverages
  • No Claim Bonus (NCB) cover is Up to 50%
  • Personal accident cover for all passengers and paid driver up to Rs. 50 lakh
  • Legal Liability for paid driver
  • Legal liability for passengers
  • Comprehensive cover for electrical/electronic/non-electrical fittings
  • Cover for CNG kit and Bi-fuel system
  • Personal Accident cover up to Rs. 15 lakh
  • No claim bonus (NCB) covers up to 50%
  • Third Party Cover is up to Rs.7.5 lakhs
  • Personal Accident cover for owner/driver.

Which Car Insurance Company is Best?

You need to choose an adequate and appropriate insurance plan with care. It is helpful to go through all the information above in the article to buy a car insurance policy beforehand. Best Car Insurance Company always provides several factors such as benefits, unique features, after-sale service, claim settlement records, and many more.

Get the top carrier quotes to distinguish the best car insurance company in terms of premium, coverage, and holding experience in the insurance sector. At PolicyBachat, the user can buy/renew a car insurance policy in simple easy steps instantly. Choose between Royal Sundaram Car Insurance vs ICICI Lombard Car Insurance which always provides what you need in time.

Updated On: 2023-04-04

Author : Team PolicyBachat

Frequently Asked Questions

Car insurance is a contract between the insured customer and the insurance company. There are many factors that you should consider while choosing an insurer. The best company gives you the best car insurance policy that suits your needs and budget.

Royal Sundaram and TATA AIG Car Insurance companies are popular car insurers in India. Royal Sundaram Car Insurance Company offers a variety of plans to its customer, on the other hand, TATA AIG Car insurance offers a wide range of plans at affordable prices. But there are many differences between these two companies in terms of claim settlement ratio, features, price, and benefits offered them.

So, you should look into each company's offerings carefully before choosing one over the other. Configure the premium with the benefits availed on Royal Sundaram car insurance and TATA AIG car insurance through a comparison of car insurance quotes for the best car insurance plans in India online at PolicyBachat for better decision-making.

To cancel your Royal Sundaram Accident Insurance policy online, you can follow these simple steps:

  • Visit the official website of Royal Sundaram Insurance.
  • Look for the “Contact Us” or “Customer Support” section on their website.
  • Find the contact details for customer support or policy cancellation, such as a phone number, email address, or chat option.
  • Contact the customer support team and inform them about your intention to cancel your Royal Sundaram Accident Insurance policy.
  • Provide the necessary identification details as requested by the representative.
  • Inquire about the cancellation process and any specific requirements, if applicable.
  • Review the cancellation terms and conditions to understand any potential penalties or fees associated with the cancellation.
  • Check if there are any outstanding premiums that need to be paid before canceling.
  • Follow any additional instructions provided by the customer support representative.
  • Request a written confirmation of the cancellation for your records.
  • Keep track of your payment statements to ensure that no further premium payments are deducted after the cancellation.

By following these steps, you can cancel your Royal Sundaram Accident Insurance policy online. For more detailed and accurate information, it is recommended to visit the official Royal Sundaram Insurance website or contact their customer support directly.

To stop or cancel your Royal Sundaram General Insurance policy, you can follow these steps:

  • Contact the customer support team of Royal Sundaram General Insurance.
  • Inform them about your intention to stop or cancel your insurance policy.
  • Provide the necessary details, such as your policy number and personal information.
  • Follow any additional instructions or requirements provided by the Royal Sundaram customer support team to complete the cancellation process.

To stop your PolicyBachat policy as an existing customer, contact our customer support team through the toll-free number and inform them about your cancellation request.

To download a copy of your Royal Sundaram insurance policy in India using your vehicle number, you can follow the below steps:-

  1. To download the Royal Sundaram insurance copy, you should reach out to your insurance provider and request the policy document. Simply contact their support team, providing your policy number and registered mobile number. They will assist you in obtaining the document through either an online or an offline method.
  2. Access the official website of the Insurance Information Bureau of India (IIB). Navigate to the 'Motor' section and log in using your credentials. Retrieve the policy copy by entering the vehicle number and initiating the download.

Upon inputting the vehicle number, the system will fetch the relevant insurance details. On the screen, you will find the displayed policy information, including the policy number, insurer details, and policy period. Locate the option to download or view the policy document, typically provided in PDF format. Simply click on the appropriate option to access the policy document. For any inquiries, it is recommended to directly contact your insurance company using their toll-free number.

To compare Royal Sundaram car insurance prices, begin by visiting the PolicyBachat portal. Provide accurate details about your vehicle and coverage preferences to receive a quote. Simultaneously, gather quotes from other car insurance providers using online comparison platforms. Compare the premiums, coverage features, add-ons, and discounts offered by Royal Sundaram with those from other insurers. Pay close attention to the policy terms, inclusions, and exclusions. After a thorough comparison, make an informed decision based on your requirements and choose the car insurance plan that best suits your needs and budget.

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