Maharashtra is situated on the west coast of India. Mumbai, the state's capital, is the commercial capital of India and has evolved into a global financial hub. The city is home to several global banking and financial services providers. Pune, another major city in the state, has emerged as the educational hub. Maharashtra has emerged as a key hub for IT & ITeS, electronics, and captive business outsourcing industries.
Maharashtra has a population of 12.62 crores, its second populous state in India. There were over 30 million registered vehicles across the Indian state of Maharashtra at the end of the fiscal year 2017. In that four-wheeler are 52.2 lakhs are estimated.
There are 2, 82,330 vehicles were registered in Maharashtra between April 2020 and March 2021. Thereby increasing cars in this state ensure to buy cheap car insurance in Maharashtra through our policybachat.
In policybachat, we provide an equal comparison of car insurance quotes from different insurance companies. We are working hard from the pandemic to till now to serve our customers to provide the best car insurance quotes in this disturbed covid-19 situation, we are here to make secure that most of the people purchase their insurance by the home through our website while we do the background work to provide the best car quotes from different insurance companies.
Cheapest Car Insurance in Maharashtra
Maharashtra has a well-developed social, physical, and industrial infrastructure, and the cost of living is somewhat expensive in Maharashtra. For taking cheap car insurance in Maharashtra refer to the third-party insurance premiums and bumper to bumper insurance liabilities from different insurance companies where the claims are covered.
Third-party premium rates are decided by IRDA and are subject to change each year depending on the previous year's premium collected, claims settled, and many other factors. The claims covered in third-party premium are death and disability, property damage, and personal accident cover for owner/driver under your car insurance policy.
Best Car Insurance in Maharashtra
The Best car insurance premium quotes in Maharashtra are rated solely on the basis of premium offered by the insurance company. The best car insurance premium quotes given are purely for the purpose of understanding and the final decision should be taken by customer on the basis of his/her requirements.
Here are the cheap car insurance premium quotes in Maharashtra for a Hyundai i20, 2017 manufactured, fuel used is petrol, 1200 cubic capacity, 5 seater and registered under Maharashtra RTO. The rates for the other cities in Maharashtra would be slightly lower than that of other cities being classified under Zone B, while Mumbai comes under Zone A.
Premium: Factors like model and age of the car, fuel type, your age, the city where you live, profession, etc. these depend on the amount you pay for car insurance. You can use your NCB points and other discounts to cut down on your premium.
| Cheapest Companies |
Premium |
| Digit |
3801 |
| Future Generali |
3801 |
| SBI General |
3801 |
| National |
3801 |
| United India |
3801 |
| IFFCO TOKIO |
3801 |
*Premiums given are for illustration purpose only* Please refer to website for exact premium.
FAQs - Maharashtra Car Insurance
- Is Car Insurance mandatory in Maharashtra?
It is important to get car insurance, As the Indian economy gets bigger, and the income of the common man saw an increase. At present every household is planning to get a car, due to the population growth in Maharashtra you need to secure by getting a car insurance policy.
It was apparent that there would be any damage that caused a person at fault may not be able to pay for. So the necessity of buying car insurance at the time of purchasing/usage of a car is the right decision to make. According to the Motor vehicles act, 1988 the third-party car insurance covers all the claims that occurred in Maharashtra state.
- Which is the best car insurance company in Maharashtra?
The Best Car Insurance company in Maharashtra can be found on our portal. Each person has different perspectives some may think it’s better to cover cheap car insurance in Maharashtra while some may consider availing highest coverage insurance as best.
- How long does it take to get an insurance quote?
In our policybachat, it is easy to get an insurance quote in five minutes and compare the car insurance quotes with different insurance companies through Our Portal. When you get the car insurance comparison on the site after 10 minutes you will get a call from our customer support they will lead you through the next step of the process.
- Bumper to bumper car insurance policy in Maharashtra?
Bumper to Bumper in car insurance is the add-on available on payment of extra premium under the own damage section. It is also known as “Nil depreciation” or “Zero depreciation” cover. Having bumper-to-bumper car insurance enables the customer to get the complete claim amount in case of an accident without factoring in the deprivation of the parts.
- What happens if I drive without car insurance in Maharashtra?
Yes, it is mandatory to get car insurance in Maharashtra. If you are caught driving without insurance, you will face license suspension, fines, and registration suspension. Get car insurance online on our website because coverage can be expensive, but a lapse in coverage can be more expensive in long run. Compare cheapest car insurance quotes in Maharashtra from several insurance companies on policybachat.