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

     4.5 / 5.0   by 109 users
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    Policy Coverage

    Customer Service

    Claim Experience

    Cashless Garages

    National Insurance Company Limited (NICL) is a fully central government owned general insurance company based in India. The company headquartered at Kolkata was established in 1906 and nationalised in 1972. NIC's gross direct premium income has steadily grown to about INR9000 crores rupees in the financial year 2012-13.


    Key Benefits of National Car Insurance

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    So you’re stranded almost nowhere

    Cashless Claim Networks

    Direct Cashless Claim settlement in network garages across India

    Don’t we love a good discount?

    Discounts

    You can avail attractive online discounts in additional to NCB

    Help is always at hand

    Accidental Cover /Customer Support

    Accident to the occupants as also Increased legal liability to property damage of third party for a limit of Rs 7.5 lakhs


    Add-on Covers for National Car Insurance

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    Depreciation cover for National Car Insurance

    Depreciation Cover

    Claim without any deduction for depreciation on the value of parts replaced.

    Invoice price cover for National Car Insurance

    Third Party Cover

    Accident to the occupants as also Increased legal liability to property damage of third party for a limit of Rs 7.5 lakhs

    Personal Accident cover for passengers

    Personal Accident Cover

    Persoanl accidental cover for a lumpsum amount for paid driver/ passenger for large sum assured.

    *These Features may be included as part of different products and are subject to the insurer's terms & conditions.

    Inclusion & Exclusion in National Car Insurance

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    No capers without the required papers!

    Inclusion

    The policy covers Own Damage to the Insured vehicle caused by Accident by External Means Fire, Explosion, Self Ignition and Lightning.

    Drink OR drive. There’s only one choice

    Exclusion

    Damage to tyres unless the motor vehicle is damaged at the same time when the liability of the insurer is limited to 50% of the cost of replacement ;

    *These Features may be included as part of different products and are subject to the insurer's terms & conditions.

    National Car Insurance Policy Highlights Updated on 24 Oct 2017

    Features Specifications
    Third Party Cover Upto 7.5 L
    Incurred Claim Ratio* 89.91%
    Net Earned Premium* 517057

    *For Year 2015-2016

    Benefits of National Car Insurance

    Overview

    National Insurance Company Ltd

    The National Insurance Company (NIC) was founded on 6th December 1906 and has since been one of the premier general insurance companies in India. Today, 107 years later, the company lists over 15000 skilled employees in it's rolls, with 1340 offices and 373 business centers across India, and is operational in Nepal too. The company has been recognized as ‘Best in Service’ in the Motor and Health classes of the insurance business which comprise of 63% of the Indian non-life insurance market. In terms of Motor Insurance , the company has extensive tie-ups with leading automobile makers including Maruti, Tata Motors, Nissan, Honda etc. When it comes to Insurance in India, NIC is definitely a leading choice.

    Private Car Insurance from National Insurance Company Ltd

    The Motor Insurance policy from National Insurance Company (NIC) is highly pro-customer and brings in a range of features that provide 100% protection to your cherished set of wheels. With regular features such as protection against unintentional loss or damage caused to your car, theft, or the involvement of your vehicle in accidents that could have caused injury, loss of property or death of a third party, a network of experts who give new meaning to the concept of customer support and the simplicity of purchasing the policy online, make the private car insurance from NIC a hearty proposition.

    Key Highlights & Features of NIC Motor Insurance

    1. Covers vehicles used for socialca, domestic and for professional purposes (excluding carriage of goods by a driver other than the registered owner) as used by the insured or the insured’s employees. This excludes the use of the vehicle in cases such as for hire or reward, speed tests, reliability trials, pace setting, racing, and any scenario involving motor trade.
    2. Additional cover for loss of accessories, legal liability to paid driver, personal accident to the owner and other occupants of the car, and increased legal liability to property damage concerning a third party to the tune of Rs.7.5 lakhs.
    3. Provision for ‘No Claims Bonus’ if no claims are issued through the policy tenure. Also, discounts are applicable when opting for higher voluntary excess.
    4. Generally, annual policy tenures are issued. However, exceptions do exist to this rule.
    5. Purchasing the Motor Insurance is very simple- Buy online using credit/debit card or net banking. It takes just 5 minutes!!
    6. Avail discount for approved anti-theft equipment installed in the vehicle. There is also concession for custom designed vehicle that would be used by blind, handicapped or mentally challenged people.

    Sum Insured per the NIC Motor Insurance

    The coverage for your cherished vehicle will depend upon the manufacturer’s listed selling price, while subtracting the depreciation factor for each year or the Insured’s Declared Value (IDV). Herein, the IDV is the max amount payable in the event of a claim raised in relation to the total loss or theft of the vehicle.

    Incidents Covered Under the Private Car Package Policy

    1. Third Party Liability wherein your vehicle was involved in an accident that caused loss, damage to property (payable upto Rs.7.5 lakhs) and/or injury, death to a third party.
    2. Natural Mishaps: Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide.
    3. Man-made: Burglary, theft, riot, strike, malicious act, accident by external means, terrorist activity, any damage in transit by road, rail, inland waterway, lift, elevator or air, etc.
    4. Personal Accident Cover: As part of the overall motor insurance, and in accordance with the Motor Vehicles Act, NIC provides personal accident cover in the event of your unfortunate accident while driving. This accident cover can also be extended to passengers, whose number equals the maximum permissible occupancy in the vehicle.
    Third Party Liability wherein your vehicle was involved in an accident that caused loss, damage to property (payable upto Rs.7.5 lakhs) and/or injury, death to a third party
    Natural Mishaps Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide
    Man-made Burglary, theft, riot, strike, malicious act, accident by external means, terrorist activity, any damage in transit by road, rail, inland waterway, lift, elevator or air, etc
    Personal Accident Cover As part of the overall motor insurance, and in accordance with the Motor Vehicles Act, NIC provides personal accident cover in the event of your unfortunate accident while driving. This accident cover can also be extended to passengers, whose number equals the maximum permissible occupancy in the vehicle.

    Exclusions- Incidents that aren’t covered by the Policy

    1. Anything from loss, wear and tear resulting from prolonged use as well as electrical and mechanical breakdowns or failures.
    2. Damage to the tyres of the vehicle. However, tyres are covered under the policy when they are damaged in the event of an overall vehicle accident, when the liability of NIC equals 50% of the cost of replacement.
    3. Damage/accidental loss caused to vehicle when the driver, or the driver assigned by the insured, was driving under the influence of alcohol or other mood/mind stimulating substances.
    4. Cost incurred for automobile parts and allied labour, failure of which led to the accident.

    Summing up- Coming from one of India’s oldest insurers, the questions of reliability and operational competence takes care of itself. The Motor Insurance from the National Insurance Company is tailor made for those who seek a simple, all-inclusive, robust and scalable insurance policy to protect their investment on their chosen set of wheels. Breathe a sigh of relief, and be protected against a range of natural and man-made calamities with Motor Insurance from NIC.

    FAQ's For National Car Insurance

    1. What are the coverage options available under National car insurance scheme?
    2. Insuring your car is mandatory in India as per various motor vehicle laws enacted by both state and central governments. Two types of coverage options are available.

      1. Liability Only cover: This type of coverage insures you only against third party legal liability arising out of an accident involving your car. It covers the risk of injury or death of a third party and third party property damage up to 7.5 Lakhs. In case of a mishap, no protection is offered to your vehicle or its occupants.
      2. Package Cover: Also known as comprehensive cover, this is an all inclusive car insurance policy which covers all liabilities which includes damages to own vehicle, self, occupants of the car along with statutory provisions for third party damages.
    3. What is the extent of damages covered for a self driven vehicle under the Comprehensive coverage car insurance plan?

      Under a National insurance comprehensive coverage plan, damages to own car caused by the the following are covered.

      1. Damage caused due to Fire(external means), Explosion, Lightning & Self Ignition
      2. Natural perils such as Floods, Earthquakes, Storms, Landslides and Rockslides
      3. Theft, Housebreaking & Burglary
      4. Riots, Strikes, Terrorism & other malicious acts
      5. Transit by Road, Rail , Air, Inland Waterway, Lift
    4. In relation to the above, elaborate on what is not covered under National car insurance scheme.
      • General wear and tear, electrical & mechanical breakdown, failure of systems and breakages which is otherwise covered under manufacturer's warranty. Consequential loss arising out of a damage is excluded as well.
      • Accident or damage caused due to the insured or any other person driving the car under the influence of drugs or liquor.

      Generally, the above are the standard exclusions. Its highly recommended that you read the policy document carefully to understand the nature of other exceptions.

    5. I read some literature about “No Claim Bonus”. What is this and how does it work?

      No Claim Bonus is a monetary benefit passed to the insured for not making any claims during the previous policy period. It is a mandatory rebate given by the insurer to the insured during the time of policy renewal for “zero”claims during the antecedent policy term.

      The NCB starts at a minimum of 20% and can go up to 50% of the policy premium renewal value.

    6. I would like to buy a national insurance car policy online. Can I sign up on the portal?

      National insurance hosts a web portal which lets you buy or renew your existing car insurance policy online. Simply log onto the web portal and navigate to the relevant link from the home page.

    7. What is the procedure for making changes to my existing car insurance policy from National insurance?

      Its paramount that you keep the insurer informed on changes with regard to communication address and phone numbers, modification in name, alterations made to the car etc. It is done by means of an Endorsement by the insurer.

    8. You can either call or visit one of the local offices of National insurance to gather more information regarding any modifications to the existing policy. Some of these changes may require support of relevant documents.

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

    National Car Insurance Reviews

  • Page 1 of 6 1 2 3 4 5
    • National Insurance Car Insurance
      "Good protection for four wheeler"
      0.5 4.0/5 "Great!"
      I have car insurance from National Insurance, I made the premium of Rs.10,600 for the tenure of one year. I have insured Honda Brio, its second hand car worth Rs.4 lakhs, National Insurance gave me zero depression value with bumper to bumper cover.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 19, 2017
    • National Insurance Car Insurance
      "Horriable Experince With National Insurance"
      0.5 0.5/5 "Unacceptable"
      Hello friends, I was using this national insurance from last 3 years. But when i file a accident claim , they took almost 10 days to respond and after 10 days the told me that my claim is not valid and they refused to give me... Settlement process is very very long. There customer services Specially investigator and surveyors are very rude and arrogant .. They asked me to come at 9:30 A.M. and in the prem motors company and they come 10:30 .. Very Lazy and Poor Services... I feel like i scammed... Very disappointed both with Prem Motors and National Insurance... Be aware guys
      Was this review helpful? 0
      , jaipur
      Reviewed on Oct 12, 2017
    • National Insurance Car Insurance
      "Good policy to Use"
      0.5 3.0/5 "Satisfactory"
      Recently I have for the Car insurance policy with National insurance. The customer service is good with national insurance company. The plan benefits and the coverage are good with this policy but I never had any claim experience with this policy. But I am satisfied having an 4 wheeler insurance policy with national insurance.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 09, 2017
    • National Insurance Car Insurance
      "excellent service"
      0.5 5.0/5 "Blown Away!"
      I have not contacted them directly regarding my service ,still it was a very good service from NATIONAL representatives and customer service was very helpful and responsible . Even during the documentation part was fine ,so overall service was excellent from NATIONAL .
      Was this review helpful? 0
      , new delhi
      Reviewed on Oct 04, 2017
    • National Insurance Car Insurance
      "excellent service"
      0.5 5.0/5 "Blown Away!"
      Service is very excellent ,even the documentation part was fine the payment options was I use to pay directly which was fine for me as their representatives were very helpful and responsible also, I use to get proper intimations from NATIONAL for my car insurance.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 30, 2017
    • National Insurance Car Insurance
      "Very Good"
      0.5 3.5/5 "Pretty good"
      I have insured my car with National insurance company and the premium is around 7000 Rupees per annum. The coverage value is around 2.2 lakh Rupees for my car and they have provided the papers in a day of time from the date of renewal.
      Was this review helpful? 0
      , kochi
      Reviewed on Sep 21, 2017
    • National Insurance Car Insurance
      "Car insurance"
      0.5 4.0/5 "Great!"
      Yes, I had taken a car insurance with National insurance. I normally make the payment on time. It provides coverage for all the parts of the car. Along side I get zero deprecation too. When it comes to renewal its very simple, I have to call the insurance company and inform them and the request would be action ed.
      Was this review helpful? 0
      , delhi
      Reviewed on Sep 15, 2017
    • National Insurance Car Insurance
      "Fair enough"
      0.5 4.0/5 "Great!"
      I have insured my car with the National Insurance company and its the third party coverage value one. Its an even old vehicle to dealt now and the response is fine one for me. I have not faced any claims with them till now.
      Was this review helpful? 0
      , jodhpur
      Reviewed on Sep 14, 2017
    • National Insurance Car Insurance
      "Good Policy to use"
      0.5 4.0/5 "Great!"
      I am holding the National insurance policy for my 4 wheeler for more than 3 years. I paid Rs.11,400 to renew the policy this year. The customer service of national insurance will send reminders to renew the policy before the due dates. I never had any claim experience so far with national insurance 4 wheeler policy.
      Was this review helpful? 0
      , mysore
      Reviewed on Aug 23, 2017
    • National Insurance Car Insurance
      "Good service"
      0.5 5.0/5 "Blown Away!"
      For my 4 wheeler I hold the national insurance policy for past 5 years. This year I paid around Rs.11,217 to renew the policy. They also give reminders to renew the policy before the due dates. I got the claim experience within a month time,which is very good with national insurance.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 18, 2017
    • National Insurance Car Insurance
      "Satisfactory"
      0.5 3.0/5 "Satisfactory"
      I have a four wheeler, which got insured with National insurance company and the services are good with them and am paying around 4800 Rupees as premium. Coverage value is nominal one with them and I have not faced any claims with them.I pay the premium by myself.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jun 07, 2017
    • National Insurance Car Insurance
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I hold the car insurance with National insurance company I have Just availed it.Their claim process, plans are really fine.If any of uncertainty happens means they will provide around 100% of cost of car after examining like if you pay thousand rupees it will be totally covered under one roof.
      Was this review helpful? 0
      , chandigarh
      Reviewed on May 04, 2017
    • National Insurance Car Insurance
      "Fantastic"
      0.5 5.0/5 "Blown Away!"
      I am having car insurance policy with the National insurance company and the coverage value is up to 80% of cost of the vehicle for the five year old vehicle. Depreciation value is around 10% and the premium is around 6700 Rupees, which got reduced from 8000 Rupees.There are no claims till now with them.
      Was this review helpful? 0
      , mangalore
      Reviewed on May 03, 2017
    • National Insurance Car Insurance
      "Excellent"
      0.5 4.5/5 "Excellent!"
      This is all about my car insurance which I had taken very recently. I was asked to pay 4k, this is very much refundable within a month or two. Initial premium amount is 12k, here with insurance plastic does not come under the coverage rather it provides coverage for metal which is 100%,.
      Was this review helpful? 0
      , mysore
      Reviewed on Apr 10, 2017
    • National Insurance Car Insurance
      "Good "
      0.5 4.0/5 "Great!"
      I have four wheeler, which got insured with National insurance company and the services are good with them and am paying around 5500 Rupees as premium. Coverage value is nominal one with them and I have not faced any claims with them.
      Was this review helpful? 1
      , chandigarh
      Reviewed on Apr 01, 2017
    • National Insurance Car Insurance
      "Good"
      0.5 4.0/5 "Great!"
      I got the car insurance policy with the National insurance company and the premium is around 9700 Rupees per annum. I have done up with the claim and the depreciation value is around 10% of the cost of card and now the value of car is around 70% of cost of car. They have provided the coverage as 100% of cost of car.
      Was this review helpful? 1
      , kolkata
      Reviewed on Mar 16, 2017
    • National Insurance Car Insurance
      "Average"
      0.5 3.0/5 "Satisfactory"
      As of now I am not that much happy with National insurance car insurance. I had been paying some insurance for an amount of rs 12000 per year and the depreciation value is nominal one. Customer service is an average one and the third party coverage is not included. For example if you go and insured the car for hundred bugs they will bill it for three hundred bugs.I hope and guess they will change.
      Was this review helpful? 2
      , satna
      Reviewed on Mar 12, 2017
    • National Insurance Car Insurance
      "Trusted partner"
      0.5 4.0/5 "Great!"
      Premium amount is around 14000 Rupees for my car insurance policy with the National insurance company. They have given me the bills and payments in third days of time and it will be a kind of get auto renewed by having conversation with their executives.
      Was this review helpful? 0
      , mumbai
      Reviewed on Feb 27, 2017
    • National Insurance Car Insurance
      "Good for car"
      0.5 5.0/5 "Blown Away!"
      I have claimed for my four wheeler with three to four times from National Insurance company and they have provided me around 50% of damage cost for plastic and 100% coverage for metallic parts of car. I am paying premium around 8000 Rupees and am happy with their service.
      Was this review helpful? 1
      , chennai
      Reviewed on Feb 18, 2017
    • National Insurance Car Insurance
      "Good brand name"
      0.5 4.0/5 "Great!"
      Lot of people had used this National insurance car insurance. It has got its own brand value. This is actually paid by my father. I am supposed to pay about rs 5000 to rs 6000 as a premium and it various according to the car segment once in a year I had to make the payment. I normally make the payment via cheque.
      Was this review helpful? 1
      , shimla
      Reviewed on Nov 28, 2016
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