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ICICI Lombard Car Insurance Review : Features, Coverage, Exclusions

If you are looking for a good and reliable car insurance for yourself, then you must take a look at ICICI Lombard car insurance. 

In today’s post, we will go through all the details about this ICICI Lombard car insurance, which will help you choose a good and reliable car insurance for yourself.  So let’s know about this company-

ICICI Lombard Car Insurance Review

ICICI Lombard Car Insurance Review

Friends, ICICI Lombard Car Insurance is one of the most commonly taken car insurance.  We all know that ICICI is such a reliable bank, and it has been providing its service in India since many years. 

In such a situation, we can consider this insurance of this company as trustworthy.  If we talk about the connectivity network of this company, then today it is more than 5000. 

And the claim settlement ratio of this company is 78.67 percent, which is considered quite good.  More than 42 lakh people have availed the benefits of ICICI Lombard Insurance till date. 

In such a situation, if you are thinking of taking your car insurance from this company, then read this post carefully.  So that you can get complete information about the insurance of this company.

Also Read : Royal Sundaram Car Insurance Review

Features of ICICI Lombard Car Insurance

Features of ICICI Lombard Car Insurance

ICICI Bank is considered to be a very big bank.  In such a situation, this company also provides us with different types of insurance. 

In which health, motor, term, travel and home Insurance are the main ones.  There are also some special features of this company’s insurance, which have been discussed in detail below-

Special Features by ICICI Lombard Cover
Network Garages BENEFITS
Claim Settlement Ratio 87.7%
Add-on Covers Available up to 50%
No Claim Bonus Up to 50%
Emergency Assistance 24×7
Third Party Cover Available
Own Damage Cover Available
Personal Accidental Cover Available
Network Connectivity More then 9700.

ICICI Car Insurance Coverage

Friends, ICICI Car Insurance provides us with three main types of coverage.  Which is discussed below-

Third Party Person Liability

If you are driving, and someone gets into an accident by you, in which that person has to face any kind of injury or date, or his vehicle is damaged in any way, then the company will insure that person.

If you drive on the roads of our country, then you must have at least one third party personal liability insurance with you.

Own damage cover

You can also take own damage cover for yourself and your vehicle from this company.  In which any kind of damage to you and your vehicle which is caused due to any natural or man made (including earthquake, flood and any natural and man made disaster) is covered.

Personal accident

You can take personal accident cover for yourself from ICICI company.  In which you are given hospital expenses for any type of injury.  Or even if you die, you still get to see its cover.

Add on Features

Friends, ICICI Bank also provides us with some add on features in this insurance.  If you are taking insurance for your car from this company, then you should know this-

  • Zero depreciation cover
  • Roadside assistant
  • Engine protection cover
  • Garage hairstyle cover
  • Consumable cover
  • Key protection cover
  • Personal accident cover

Discount offers

Friends, if you are looking to take your car insurance from this company, then you also get to see some discount offers in it.  Which we have discussed below-

  • NCB Discount
  • Installing Anti Theft Device
  • Member Ship of AAI
  • Opting for Voluntary Deduction

One of the main discounts is the no claim bonus.  In which if you take any type of insurance from this company, and do not claim it, then you will get a discount of 20% while taking the next premium of this company.  This exemption is available for 5 years, which can go up to 50%.  Whose chart we have given below-

Claim-Free Year Discount
1 Claim-Free Year 20%
2 Claim-Free Year 25%
3 Claim-Free Year 35%
4 Claim-Free Year 45%
5 Claim-Free Year 50%

Exclusions of ICICI Lombard Car Insurance

Friends, in this company, we also get to see some significant exclusions.  If you are caught while making any of these exclusions, you will not be eligible to claim any insurance of any kind from this company-

1. If any kind of mechanical or electrical breakdown occurs in your vehicle, then this company is not responsible for it.

2. This company does not insure the tire and tube damage of any type of vehicle.

3. If you are driving under the influence of alcohol or any other intoxicant, and you get into an accident.  Then the company will not have any responsibility in this.

4. If any damage reaches your vehicle during a nuclear weapon or any war, then this company will not be responsible for it.

5. Even if you do not have a valid driving license, and you meet with an accident, this company will not give you any insurance claim of any kind.

Benefits of taking ICICI Lombard Car Insurance

Friends, if you take your car insurance from this company, then you also get to see some of its benefits.  Which has been described in detail below-

Good Claims Settlement Ratio

The insurance claim settlement ratio of this company is 78%, which is considered very good in India.  If you take your insurance from this company, then you will not face any kind of problem while making an insurance claim and you will be able to claim insurance easily.

Customer support service

Friends, ICICI Bank is a very big bank, and in our country it is the third largest private sector bank.  In such a situation, if you take your insurance from this company, then you also get to see very good customer support service of this company. 

Which is available seven days a week and 24 hours a day.  You can obtain any kind of information from this company at any time.

Network branch

Friends, today this company has more than 9700 network branches.  Even if you live in a small town or village, it is still possible that this company has a branch in your area. 

So that you will not have to face any kind of problem while taking insurance from this company or while making a claim.


Friends, this company provides us all three types of coverage i.e. Third Party Liability, Own Damage and Personal Accident cover.  Therefore, you can take any type of car insurance for yourself from this company.


Friends, if you want to drive your car on the roads of our country, then it is very important to have a valid insurance along with having the main document of your vehicle. 

With which you will not only get to see cover in any type of accident, but you will also be able to avoid the Challan in its absence.  So whenever you drive, keep an insurance with you. 

Today we talked about ICICI Lombard Car Insurance coming from ICICI Bank.  Hope you liked our post for today and helped you choose the best car insurance for you.

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