Best Car Insurance Companies In Pakistan

Deciding on a car insurer can seem almost as stressful as choosing the vehicle itself. But if you’ve just invested in a brand new car, you’ll want to do everything you can to take care of it – including ensuring you take out the right coverage for your needs.

Plus, don’t forget to check out our recent post on ways to reduce your car insurance costs.

Auto Insurance in Pakistan – Top Tips for Beginners
An auto insurance policy covers your financial losses in the event of an accident, and it may provide you six different types of coverage. Most car insurance policies cover Property, Liability and Medical expenses. 
In a country like Pakistan where motor insurance is not an obligation, you can buy any of the coverage or purchase none.
 However, I advise every motor vehicle owner to buy at least Property Coverage (the general insurance) as cases of damage and theft are rampant here. The question arises, how to go about it?

1.   How to Find a Good Car Insurance Company?
You need to find a reliable vehicle insurance company and there are number of insurance providers available to serve your needs. However, insurance firm’s policies may differ from each other, so it is essential to check their website and find out what’s covered and what’s not.
 I’ll provide you a few examples of car insurance companies in Pakistan to give you an idea what they basically cover, so you can opt for the suitable insurance cover.

2.   What Auto Insurance Companies Cover?
For instance, Adamjee offers a comprehensive auto insurance policy that covers theft, accidental damage and third party liability with big paybacks, novel features and undisturbed post and pre insurance processing. The policy covers:

Loss or Damage Due To:

Accidental means, Fire external explosion, Self – ignition
Lightning, Flood
Theft & Burglary
Malicious Act
Whilst in transit (Road & Rail)
Terrorism, Riots & Strikes (Optional)
Third Party Liability

Property Damage
Bodily Injury
Death
Askari Motor Insurance offers comprehensive coverage against accidental damage including Theft, Snatching away by violent means, Riot & Strike damage, Loss or Damage due to Natural Calamities, Road Traffic Act and a Common Law, and Third Party Liability (bodily injury and property damage).

Similarly, EFU Motor Insurance Policy gives you the freedom to opt for any of the following kinds of cover which include Private and Commercial Vehicle Comprehensive Insurance, Private and Commercial Vehicle Third Party Motor Vehicle Insurance, Private and Commercial Vehicle Act only Liability Insurance, 
Family Accidental Benefit Cover, Accidental Death Cover for Salaried Driver, 
Protection of Loan Amount for Financial Institutions and Personal Accident Benefit Cover for Passengers.
 For details of each, you should contact EFU and get car insurance quotes and use insurance calculator to estimate insurance premium.

Other than this, the United Insurance Auto Sure Plan covers risks like Riots, Strikes & Malicious Damages, Theft, Fire, External Explosion, Self-ignition or Lightning or Frost, and Third Party Liability along with a number of value added services including Free Towing, Car Repair, Free Death Repatriation and Settlement of Loss Claims within 30 days.

3.   Still in Dilemma, Use Personal Contacts and Your Wits
While you are searching through each insurance provider, everything might look too good to you. However, you get to know about the insurance company only when you have to file an insurance claim. For this reason, it is wise to get in contact with your friends and colleagues who already enjoy motor insurance coverage.
 Their firsthand experience would enable you to find the most suitable and cheap car insurance for yourself.

Points to Ponder While Selecting Your Car Insurance Provider
        Ease of Obtaining Insurance
        Premium on Insurance
        Ease of Filing a Claim
        Time for Claim Settlement
        Customer Service
Following is a list of Best Car Insurance Companies in Pakistan to get in contact and find more info:

Best Car Insurance In Pakistan
The companies below have proved to be reliable and cost-effective. Use this list the next time you’re in the market for car insurance.