Buying a car is a big milestone, but protecting it with the right insurance plan is even more important. Shriram Car Insurance, offered by Shriram General Insurance, is one of the most affordable and reliable motor insurance solutions in India. With quick claim services, wide coverage, and budget-friendly premiums, Shriram ensures car owners get complete peace of mind. Let’s explore its features, benefits, and price range.
Why Choose Shriram Car Insurance?
- Wide Coverage – Protects against own-damage, third-party liability, theft, and natural calamities.
- Cashless Garages – More than 2,000+ network garages across India for hassle-free cashless repairs.
- Affordable Premiums – Shriram is popular for offering competitive prices that suit middle-class families.
- 24/7 Assistance – Roadside emergency help is available anytime, anywhere.
- Simple Claim Process – A digital and paperless claim process ensures faster settlements.
Price of Shriram Car Insurance
The premium depends on car model, age, city, and coverage type. Here’s an estimate:
- Third-Party Liability Policy – Starts around ₹2,100 per year for small cars (as per IRDAI rates).
- Comprehensive Policy – Generally costs between ₹6,000 – ₹20,000 annually, depending on the car’s Insured Declared Value (IDV).
- Add-ons like Zero Depreciation or Engine Cover – Can increase the premium by 10–20%, but offer stronger protection.
For instance, a small hatchback like WagonR may have a premium of ₹7,500 – ₹9,000 annually, while a sedan like Honda City may cost ₹12,000 – ₹16,000 annually with add-ons.
Add-on Covers Offered
- Zero Depreciation Cover – Ensures full claim without depreciation cuts.
- Engine Protection – Covers expensive repairs due to engine damage.
- NCB Protection – Keeps your no-claim bonus intact even after a claim.
- Personal Accident Cover – Provides financial support in case of accidental injuries.
Benefits of Buying Online
- Instant policy issuance
- Easy premium calculator for comparison
- Attractive discounts on online purchases
- Quick renewal without paperwork
Who Should Buy Shriram Car Insurance?
If you are looking for affordable premiums with reliable coverage, Shriram is a great choice. It is especially suitable for budget-conscious car owners who still want strong financial protection against accidents, theft, or natural disasters.
Conclusion
Shriram Car Insurance is a pocket-friendly yet dependable solution for safeguarding your car. With competitive prices, multiple add-ons, and a smooth claim process, it has become a popular option among Indian car owners. Before buying, compare premiums online and select the right add-ons to get maximum value from your policy.
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