Insurance is like a spare tyre. You may not require it, but not having one is not an option.

National Car Insurance Renewal

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Policy Coverage

Customer Service

Claim Experience

Cashless Garages

With rapid progress in technology promulgated by willingness of regulatory and government authorities, the insurance sector in India has witnessed a sea of advancement in the last two decades. This evolution has greatly benefitted the end user, saving him from all superfluous procedures that probably took forever to be accomplished.

One such feature which has made life easier for a car insurance holder is the option to renew car insurance online without any hassles. National Insurance Company Ltd., India’s leading state-owned general insurance service provider operates in a diversified portfolio which includes insurance coverage for cars. It extends the benefits of online revival of policies issued not only by them, but also from other insurance companies in easy steps.

National Motor Insurance at a Glance

The motor insurance plans offered by National Insurance are as follows:

  • Liability-only plan - Every vehicle on Indian roads should be equipped with a minimum of third-party liability insurance. The coverage offered by the National Insurance third-party liability plan is as detailed below:
    National Car Insurance Renewal
    • Insures the policyholder against legal liability to a third party in an accident.
    • This cover does not offer protection to the insured vehicle itself.
    • The risks covered by the plan are:
      • Injury or death of third party
      • Third-party property damage
  • Comprehensive/package plan - The comprehensive car insurance plan from National Insurance offers wider coverage when compared to the liability-only plan.
    • This plan provides own-damage cover and third-party liability cover.
    • The plan also protects the owner-driver of the insured vehicle from injuries/death.
    • The incidents covered by the plan are:
      • Accidents, fire, explosion, lightning, and self ignition
      • Damages to the insured vehicle while in transit via rail, road, air, lift, and inland waterways
      • Theft, burglary, or house-breaking
      • Terrorist activities, strikes, riots, or malicious acts
      • Natural disasters such as floods, earthquakes, storms, rockslides, and landslides

The National Insurance car insurance does not offer coverage for the following events:

  • Wear and tear of the vehicle with age, consequential loss, electrical and mechanical breakdown, breakages or other failures.
  • Damage to the tyres of the car, unless the vehicle itself is damaged in the process. In this case, the liability of the insurance company is limited to 50% of the repair costs.
  • Driving while intoxicated with alcohol or drugs.

The policyholder can choose to extend the coverage under the policy by opting for add-on insurance covers. This includes insurance for loss of accessories, personal accident cover for the passengers, and increased third-party property damage cover up to Rs.7.5 lakh.

Discounts Offered By National Insurance Company Under Car Insurance

  • The car insurance plan from National Insurance offers No Claim Bonus (NCB) for policyholders who do not raise any claims in a policy year. This is a great method of incentivising drivers to stay safe on the roads. The NCB can be converted into a discount in renewal premium for the subsequent policy year.
  • Discounts are also offered for vehicles that have anti-theft or other security devices installed.
  • Additionally, cars that are specifically designed or modified for use by handicapped/blind/mentally challenged people are eligible for premium discounts.

National Car Insurance Premium Calculator

It is advisable to calculate the premium for your National car insurance policy by using the online calculator tool available at neutral financial websites such as BankBazaar.

Through the online premium calculator tool, you can identify the approximate amount that you will have to set aside as premium. This is very useful when you are setting a budget for your financial needs.

  • The car insurance calculator tool uses the following parameters as input:
    • Your personal details, such as claim history, NCB earned, age, profession, etc.
    • Details about the car, such as make and model, engine capacity, area of registration, date of registration, etc.
  • The tool provides you an estimate of the premium in the form of a quote.
  • If you agree to the quote, you can proceed with the purchase of the policy at the same website, if desired.

It is also possible to use the National car insurance premium calculator at the insurer’s website for identifying the premium for motor insurance. The tool works like the online premium calculator tool at neutral financial websites explained above.

National Car Insurance Renewal Procedure

By using the web portal to renew your existing car insurance policy, you can be eligible to receive a discount along with NCB (No Claim Bonus) if you qualify. Log onto the online portal of the insurance company to begin the procedure. National Insurance Company Ltd. allows you to easily renew insurance covers that are due for renewal in the next 30 days. One can also renew car insurance policies issued by other insurers(switch over) online. Policy renewals from other insurers is eligible for a 10% discount.

There are two separate links on the homepage for renewal. One leads to renewal of policies issued from National Insurance and other for insurance cover from other insurers. Simply fill the relevant fields with policy number and email id to begin the procedure and follow the “on screen” instructions to complete the process. Keep handy, details of your bank account or credit card for online payment. The encrypted environment safeguards bank and credit card details.

You receive an instant e policy available for download in a printable format. A copy of this document is also emailed to your registered email address. The policy document will be posted to the communication address with company seal and signature in designated working days.

Why Should You Renew National Motor Insurance Policy Online?

Since today’s digitally native consumer prefers to buy everything from train tickets to clothing, groceries and electronic goods online, the insurance sector has also taken certain steps so as to not fall behind. Most insurance companies today have a highly secure website through which you can buy and renew insurance online. The advantages of online policy renewal are as follows:

  • Security - Insurance providers utilise security systems that adhere to global security standards on their online portals. This ensures that your confidential information is not compromised. It is also found that the incidents of fraud are almost nil when you renew motor insurance online, unlike the renewal process that engages an insurance agent.
  • Cost-effective - Renewing car insurance online is cheaper because the insurer offers various discounts for these transactions. From the perspective of the insurer, when a policy is sold online there are significant cost parameters that are eliminated from the workflow. This includes the distribution and processing costs. The insurer passes on these cost savings to the customer in the form of discounts.
  • Limited paperwork - The online policy renewal process is free of excessive paperwork.
  • Easy and convenient - One of the most significant benefits of renewing insurance online is that the entire process is hassle-free and the policy is issued instantly.
  • Easy endorsements - An endorsement is a change that is made to a policy document. In case you have an online copy of the document, it is easy to update it with endorsements. For physical policies, you will have to resubmit a lot of information, making the addition of endorsements a time-consuming process.
  • Backup of policy documents - Having an online repository with your policy documentation is useful as it is stored safely and can be easily retrieved when needed.

Documentation Required To Raise A Claim Under National Car Insurance Policy

In case your insured vehicle is involved in a situation that qualifies for a claim (as per the policy terms and conditions), you can lodge a claim with the insurance company. The steps to be followed for the same are:

  • After a loss has occurred, contact the police and get an FIR filed. It should be noted that the FIR is mandatory for losses due to fire, theft, burglary, accidents, damage to a third party, etc. It is not mandated for damages due to natural calamities, such as earthquakes, floods, inundation, etc.
  • You will also have to intimate the policy issuing office immediately.
  • You should then update the claim form accurately and read through it to verify that all information provided is correct.
  • Submit the form to the policy issuing office either directly or through an authorised agent. The documents that need to be submitted along with the claim form are:
    • Police reports and FIR
    • Doctor’s prescriptions and reports of tests
    • Bills from the medical shop
    • Admission and discharge certificates from the hospital
  • The policy issuing office will send a surveyor to assess the loss. The insurance company may also employ a team of doctors to verify the claim filed.
  • The claim is eventually settled by the policy issuing office. The payment is made to the car owner as a lump sum settlement.
  • The insurer may also release a provisional payment to the policyholder if the case is being scrutinised. This is however, based on the merits of the case.
  • The insurance company may request for additional documentation on a case by case basis.
  • The insurer recommends that you lodge claims directly at the branch office and not through the online route.

Why Should You Choose National Car Insurance?

National Insurance Company Ltd., founded in 1906, is the oldest general insurance company in India. The company was the first to introduce product customisation for the rural and corporate customer. This concept has attained a lot of visibility with the farmers’ package policy that is prevalent today. National Insurance was also the first insurance provider to enter into an alliance with automobile giant Maruti and two-wheeler major Hero MotoCorp, among many others. The company was also a pioneer in the field of Bancassurance in the country, partnering with some of the largest banks in India.

Today, National Insurance is India’s second-largest non-life insurance provider on the basis of its gross direct written premiums (GDWP). Motor insurance is also the company’s largest segment. So when you buy insurance for your vehicle, it is better to purchase it from a reliable player with a good track record and accountability.

National Insurance has also been certified with exceptional ratings, signifying its strong capitalisation, robust market presence, and consistent performance in investments.

National Car Insurance FAQs

  1. By renewing car insurance policy issued by other insurers, can I be eligible for the No Claim Bonus(NCB) earned by in the previous term?
  2. You can avail the NCB by renewing your insurance with National Insurance online with minimal information. Policy details are automatically retrieved to sync information and pass on the NCB rebate even though it was issued by a different insurer.

  3. Why should I renew online when I can contact my agent or visit the nearest office of National Insurance?
  4. You have the advantage of documentation free renewal when done online. Plus, you receive a valid instant e policy that can be printed for reference. National Insurance may offer periodic discounts for online payments. All these benefits work to your advantage.

  5. I do not use my car too often. Do i really need to insure it?
  6. The Motor Vehicles Act mandates that the vehicles on the roads are insured by a minimum insurance, i.e., the third-party liability cover. This is applicable to all vehicles, even the ones that are not used very often. Since the law dictates that your vehicle is equipped with an insurance cover, it is advisable to buy a suitable policy for the car.

  7. What is the rate of depreciation for a new car?
  8. A new car depreciates as per the following table:

    Age of the car Rate of depreciation
    Brand new vehicle 5%
    Up to 6 months 5%
    6 months to 1 year 15%
    1 year to 2 years 20%
    2 years to 3 years 30%
    3 years to 4 years 40%
    4 years to 5 years 50%
    Above 5 years As decided by the insurer and car owner

    These values are used for the calculation of the vehicle’s IDV. It should be noted that the IDV is calculated at 95% of the total cost of the vehicle, i.e., with 5% depreciation, even when it is new.

  9. Is it possible to buy a National car insurance Personal Accident cover online?
  10. Yes, National Insurance Company Ltd. offers a Personal Accident cover for the owner driver of the insured vehicle. This cover can be purchased through the insurer’s website instantly. It is also possible to renew the Personal Accident cover through the insurer’s website.

GST Update: GST of 18% is applicable on car insurance effective from the 1st of July, 2017

National Car Insurance Renewal Reviews

Page 1 of 10 1 2 3 4 5
  • National Insurance Car Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    I had a car insurance with National insurance for one year and it was good. I had no claims with them. There was no reminder call from the customer service at the time of reasonable. The premium was okay but its quite high when compared to Bajaj Allianz.
    Was this review helpful? 0
    , ahmedabad
    Reviewed on Feb 04, 2019
  • National Insurance Car Insurance
    "Good Insurance"
    0.5 3.0/5 "Satisfactory"
    My Honda amaze car got insured with National insurance for one year of tenure period. I think my old premium amount was around Rs.30,000. I took first party comprehensive plan it covers for loss, damage, theft. The customer support is good even the IDV is good.
    Was this review helpful? 1
    , bhubaneshwar
    Reviewed on Jan 21, 2019
  • National Insurance Car Insurance
    "Smart protection with National"
    0.5 4.0/5 "Great!"
    The major factor to chose National Insurance because of the premium is economic, I took the policy for 3 years the IDV value remains the same for the whole tenure. The customer support is good on time they activated the policy. I have Tata Tiago , its around four months vehicle. Its zero depreciation comprehensive plan. I taken the policy through showroom.
    Was this review helpful? 0
    , lucknow
    Reviewed on Jan 19, 2019
  • National Insurance Car Insurance
    "Excellent Service"
    0.5 5.0/5 "Blown Away!"
    I had taken this Insurance policy for my Maruti Car and i had been paying the premium on an annual basis. The premium amount has not been too high and there has been cash less garages available with this insurance policy. Their customer support has also been helpful at times.
    Was this review helpful? 1
    , pune
    Reviewed on Jan 09, 2019
  • National Insurance Car Insurance
    "Best Policy"
    0.5 5.0/5 "Blown Away!"
    I have take car insurance from the NATIONAL India assurance based on the befits and comfortable premium amount . They are giving Bumper to bumper coverage . They explained the policy benefits and claiming process . Overall am satisfied with my policy and service .
    Was this review helpful? 2
    , ahmedabad
    Reviewed on Dec 16, 2018
  • National Insurance Car Insurance
    "Its Good"
    0.5 4.0/5 "Great!"
    I think I paid the premium around Rs. 28,000 for IDV value of Rs. 3 lakhs for the tenure of one year. I have model of maruthi swift its 2015 model, it has bumper to bumper coverage, its protects only for my car. They will provide no claim bonus on next year.
    Was this review helpful? 1
    , bangalore
    Reviewed on Dec 01, 2018
  • National Insurance Car Insurance
    "Good Car insurance "
    0.5 5.0/5 "Blown Away!"
    My car was insured with National car Insurance 3 months before. I have purchased the policy through online. They have given me a third party coverage and they have given me a instant insurance. I have paid the premium amount of Rs. 2950. They have given me a coverage value of Rs. 50000. By online, i have done the documentation process.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Nov 23, 2018
  • National Insurance Car Insurance
    "Good Protection for Four wheeler"
    0.5 4.0/5 "Great!"
    I took the car policy from the dealer, I paid the premium around Rs. 25,000. It gave me bumper to bumper 100% of total protection for my vehicle. I got my policy documents on time even the customer service is good. I would say I got best insured value.
    Was this review helpful? 0
    , kanpur
    Reviewed on Nov 22, 2018
  • National Insurance Car Insurance
    "Good"
    0.5 4.0/5 "Great!"
    I took my car insurance with National insurance before 9 months. The customer service is good and they provided a proper service. I have received the insurance papers on time. There is no claim experience. The policy coverage is 4L. My friend is working there and he has recommended.
    Was this review helpful? 1
    , kochi
    Reviewed on Nov 21, 2018
  • National Insurance Car Insurance
    "Good insurance for car"
    0.5 5.0/5 "Blown Away!"
    When i purchase my car, they have provided the car insurance policy with National and they have charged me a premium amount of Rs. 14000. I have taken a one time claim. The claim experience was very good. They have given me a claim amount of Rs. 11000. The claim was fully cashless covered. I pay for the consumable items
    Was this review helpful? 0
    , dehradun
    Reviewed on Nov 13, 2018
  • National Insurance Car Insurance
    "Good Policy for four wheeler"
    0.5 5.0/5 "Blown Away!"
    National insurance is good, I have been holding the car policy with them around one year. My car showroom person have suggested this policy, I got better insured declared vehicle. Its new car brand swift dezire with bumper to bumper protection.
    Was this review helpful? 0
    , new delhi
    Reviewed on Nov 09, 2018
  • National Insurance Car Insurance
    "Best policy"
    0.5 5.0/5 "Blown Away!"
    I have taken a car insurance with National insurance for 1 year, I have to pay a premium of Rs 10000 for this health insurance policy. The benefits of this car insurance is, it is 0% depreciation and it has a full coverage. Customer service was very good and their response was on time.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Sep 12, 2018
  • National Insurance Car Insurance
    "Average Service"
    0.5 3.0/5 "Satisfactory"
    My Car insured with the National Insurance. I am paying a premium of 3000, I do not have any claim experience with the policy and it offers features as cashless garage and roadside assistance. So far it has been an hassle free experience with their services.
    Was this review helpful? 1
    , lucknow
    Reviewed on Sep 11, 2018
  • National Insurance Car Insurance
    "Fraud on insurance"
    0.5 1.0/5 "Really Bad"
    Loan Acc No : 5002098252 TN22 DD 7996 Based on the guidance of the officials who works at T nagar branch, Chennai, i did the insurance. They told me hereafter insurance is to be renewed by myself as my insurance alliance with TMF was cancelled so i did insurance myself. But now they are not responding for refund my money. So please pay back my money which i have paid so far.
    Was this review helpful? 2
    , chennai
    Reviewed on Sep 11, 2018
  • National Insurance Car Insurance
    "Excellent Service"
    0.5 5.0/5 "Blown Away!"
    I had taken this Car insurance pretty long time back. I had been making the payments of the premium yearly once and the premium amount had been nominal. Their customer support had been responsive and there has not been any hassle faced so far.
    Was this review helpful? 1
    , coimbatore
    Reviewed on Sep 04, 2018
  • National Insurance Car Insurance
    "Good Service"
    0.5 5.0/5 "Blown Away!"
    My car is insured with the National Insurance, I am paying the premium of 6000 yearly. They also offered a fair IDV value for the car. So far there hasn't been any claim experience with the policy. I haven't faced any issues with their services too.
    Was this review helpful? 1
    , kochi
    Reviewed on Aug 04, 2018
  • National Insurance Car Insurance
    "Average Service"
    0.5 3.0/5 "Satisfactory"
    My car is insured with the National Insurance. I do not have any claim experience with the policy. This policy do not have bumper to bumper coverage. Considering the premium I pay it is a good car insurance policy to have.
    Was this review helpful? 0
    , kolkata
    Reviewed on Jul 26, 2018
  • National Insurance Car Insurance
    "Good Service so far"
    0.5 4.0/5 "Great!"
    My car is insured with the National Insurance. I have a paid a premium of 27000 and I don't know much about the policy in detail. So far it has been a good experience and I never claimed this policy.
    Was this review helpful? 2
    , gurgaon
    Reviewed on Jul 14, 2018
  • National Insurance Car Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I have my car insured with National Insurance from last 5 years, i am happy with the coverage value of this insurance policy. I have not claimed anything so far from this insurance policy. I pay a premium of Rs 5500 for this insurance and they cover third party damages.
    Was this review helpful? 1
    , mumbai
    Reviewed on Jul 13, 2018
  • National Insurance Car Insurance
    "Good Service"
    0.5 5.0/5 "Blown Away!"
    My car is insured with the National Insurance. I have Claimed it once and it was a seamless experience. I am paying a premium of 12000 an year and the IDV value was also fair for my car. Overall it has been a very good experience with the national insurance.
    Was this review helpful? 1
    , new delhi
    Reviewed on Jul 12, 2018
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