Car insurance is mandatory in India. It covers damage to your vehicle due to any accident, fire, explosion, theft, etc.
Why Compare: By comparing you can choose the company that is providing the best price for the same policy.
Companies have their own rates for different cars based on their assessment of risk. for example, for a Ford Ikon,
Bajaj Allianz may offer highest discount but for a Maruti Swift, TATA AIG might be a better choice.
Coverage: Coverage provided by different companies are standard. However, there are some companies that provide additional
benefits like zero depreciation coverage for a slightly higher price.