National Motor Insurance

National Insurance Company Ltd. is the oldest general insurance company in the country. It was also the first insurer to get into partnerships with the largest automobile manufacturer in India, Maruti, and prominent two-wheeler company Hero MotoCorp. National Insurance is the pioneer in introducing bancassurance in the country through tie-ups with leading banks.

The insurance company has a strong market presence and offers innovative insurance solutions to urban and rural customers throughout India.

Why Should You Buy Motor Insurance From National Insurance?

The reasons for taking motor insurance National Insurance are many. These include:

  • The insurer provides two-wheeler insurance policies with coverage terms of 1 2, and 3 years.
  • The insurer uses a highly secure payment system that ensures your confidential information is not compromised.
  • The insurer offers discounts on premium in the form of No Claim Bonus (NCB). The customer can also opt for higher voluntary excesses to bring down the motor insurance premium.
  • Discounts are offered for insuring vehicles installed with approved anti-theft devices.
  • Customers can also get discounts on the insurance premium for specially designed vehicles used by handicapped, blind, or mentally challenged individuals.
  • The coverage under the motor insurance policy from National Insurance can be improved by opting for appropriate add-on covers based on the needs of the customer.

Types Of Motor Insurance From National Insurance

National Insurance provides motor insurance policies for private cars and two-wheelers.

  • Private car insurance policy - This insurance plan protects the insured car against damages due to natural calamities, man-made disasters, accidents, fire, etc. The policyholder also receives personal accident cover that protects him/her from permanent disabilities/death in an accident. Additionally, the coverage under the plan includes third-party liability.
  • Two-wheeler insurance policy - This insurance policy is specifically designed for two-wheelers. It protects the insured vehicle from theft, man-made disasters, natural calamities, in-transit damage, etc. The owner-driver is also offered personal accident cover. Additionally, the insurer offers third-party liability coverage under this plan.

National Insurance Liability Only Insurance Policy - Inclusions

A customer can choose to buy a limited coverage insurance plan for his/her vehicle from National Insurance. This basic policy is also referred to as liability only plan and is the minimum level of insurance that every vehicle should have according to the law. If you drive a vehicle without a minimum of liability only insurance cover, you can be penalised heavily.

The coverage under this plan includes the following:

  • Legal liability for injuries or death faced by a third party in an accident.
  • Third-party property damage (TPPD) cover of up to Rs.7.5 lakh.

This insurance plan does not protect the insured vehicle itself or the owner-driver.

National Insurance Package Policy - Inclusions

A package policy from National Insurance offers more extensive coverage to the policyholder. The vehicle/policyholder is protected from the following events:

  • All damages caused to the vehicle in an accident
  • Losses incurred while in-transit via rail, road, inland waterway, lift, or air
  • Explosion, fire, lightning, or self-ignition
  • Theft, burglary, or housebreaking
  • Riots, terrorist acts, strikes, or malicious activities
  • Natural disasters such as storms, flood, landslides, rockslides, or earthquakes
  • Liability to a third-party following accidental injuries, death, or property damage

The motor insurance policy also offers personal accident cover to the owner-driver.

National Motor Insurance - Exclusions

The National Insurance motor insurance plan does not include coverage for the following incidents:

  • Wear and tear of the insured vehicle
  • Consequential losses
  • Mechanical or electrical breakdown
  • Damages to the tyres unless the insured vehicle is also damaged (In case the tyre damage is accompanied by damage to the vehicle, the insurer pays 50% of the cost of replacement of tyres)
  • Driving after the consumption of liquor or drugs

National Motor Insurance FAQs:

  1. How do I take a policy from National Insurance?
  2. You should contact the nearest office of the insurance company, either directly or with the assistance of an authorised agent. You can get in touch with an agent by contacting the office through their telephone number or email ID. Then you should fill up a proposal form and submit it to the office. The insurer will conduct a survey of your vehicle.

    The insurance company will then provide you premium estimates. The policy will be issued after the premium payment. You will receive the policy documentation through registered post. You can also request for it to be delivered directly.

  3. Can I buy National Insurance motor insurance online?
  4. Yes, the company offers the facility of purchasing motor insurance online through niconline.in website. Premium payments can be made effortlessly through credit/debit cards or through net banking.

  5. Is it possible to renew the insurance policy of another company through niconline.in?
  6. Yes, this is possible. You will have to visit the website and furnish details of your expiring policy. While renewing insurance online, you will receive the complete benefits of your accrued No Claim Bonus.

  7. Do I get any discounts for buying motor insurance online?
  8. Yes, National Insurance offers attractive discounts to customers who choose to purchase private or two-wheeler insurance policies online.

  9. How do I lodge a claim with National Insurance?
  10. You have to follow these steps to lodge a motor insurance claim with National Insurance:

    • After the loss has occurred, you should immediately file an FIR at the nearest police station.
    • Then you should intimate the insurer’s office from where the policy was issued.
    • Fill up the claim form and submit it to the insurance company. You can do this either directly or through an authorised agent.
    • You should also submit police reports, medical bills, cash memos for medicines, admission and discharge certificates from the hospital, etc. as required on a case-by-case basis.
    • The insurer may appoint a surveyor to assess the loss. The case may also be referred to a panel of doctors for further investigation.
    • The claim settlement is done in the form of a lump sum payment.
    • In some cases, the insurer may offer provisional payment to the policyholder if the final claim processing is delayed. However, this depends on the merits of the case.
 4.5 / 5.0   by 211 users
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Policy Coverage

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National Motor Insurance Reviews

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  • National Insurance Car Insurance
    "Good policy"
    0.5 5.0/5 "Blown Away!"
    For the economical and low premium purpose, i have chosen the two wheeler insurance from National. I pay the premium amount of Rs. 7000 every year and they are giving the IDV value of Rs. 4 lakh. I used to renew the policy in the branch nearby located to my place. I have no claim experience till now.
    Was this review helpful? 1
    , kolkata
    Reviewed on Jan 30, 2020
  • National Insurance
    National Insurance Car Insurance
    "Good Claim Experience"
    0.5 5.0/5 "Blown Away!"
    National Car Insurance is Government based policy and I'm using the Maruti car and they are giving a good service since they have a tie up. The price is very less when i compared with other company with the same IDV. I have a claim experience with them and it was satisfactory.
    Was this review helpful? 0
    , nellore
    Reviewed on Nov 07, 2019
  • National Insurance Car Insurance
    "Good Experience"
    0.5 5.0/5 "Blown Away!"
    In 2016, I had a car insurance with National Insurance, at the time I done a claim because my car front bumper got damaged, hence I got the cashless garage option then within 2 to 3 days I got my car back with proper condition, it was also good insurance company.
    Was this review helpful? 0
    , panipat
    Reviewed on Sep 13, 2019
  • National Insurance Car Insurance
    "Extremely satisfied"
    0.5 5.0/5 "Blown Away!"
    My car is insured with National Insurance which am very happy. I have been sticking with this insurer for last 10 years and all my car's are insured here. I opted for third party insurance and the premium is affordable. The claim process was done properly and the services are great.
    Was this review helpful? 0
    , mumbai
    Reviewed on Sep 06, 2019
  • National Insurance Car Insurance
    "Good Plan"
    0.5 5.0/5 "Blown Away!"
    For my Swift car 2018 model I paid Rs.15,000 per annum its fully covered because its a bumper to bumper plan. Best part whenever I face any issue with the car, I can immediately park in the vehicle in the agency, very next day they give the car. They take care of all the formalities without approaching us. We don't want to worry about all such procedure.
    Was this review helpful? 1
    , noida
    Reviewed on Aug 30, 2019
  • National Insurance Car Insurance
    "Don't take public sector policy"
    0.5 2.0/5 "Expected more"
    I had a claim experience from National insurance which is a very bad experience. They have took long time to process the claim. They did not pass my claim and i have spoke with the customer care but they said that they are not helpful. The verification person came and he asked some bribe from my end.
    Was this review helpful? 0
    , kolkata
    Reviewed on Jul 25, 2019
  • National Insurance Car Insurance
    "Average Insurance"
    0.5 4.0/5 "Great!"
    Chosen my car insurance from National insurance without any reason. My claim experience is good and within 15 days i got my claim and they have covered upto 40%. Through online i used to renew the policy. Their customer service is not helpful.
    Was this review helpful? 1
    , pune
    Reviewed on Jul 22, 2019
  • National Insurance Car Insurance
    "Good Claim Experience"
    0.5 4.0/5 "Great!"
    I believe the premium is lesser for National Insurance car policy and they have good claim ratio when compared to private sector but the service needs to be improved. I done a claim there a small damage within a week time they came and took the details and within 15 days I got the reimbursement. I paid last premium of Rs. 10,461 for my Maruthi Baleno car.
    Was this review helpful? 0
    , pune
    Reviewed on Jul 09, 2019
  • National Insurance Car Insurance
    "Excellent car insurance policy"
    0.5 4.5/5 "Excellent!"
    I went to the dealer and he had a tie up with the National Insurance company hence i have chosen them. I paid the premium amount of Rs. 22000. They have provided me a coverage amount of Rs. 4 lakhs. They have provided me a hard copy of the documents. Its a zero depreciation policy. I get a facilities of no claim bonus, roadside assistance.
    Was this review helpful? 0
    , rewari
    Reviewed on Jul 05, 2019
  • National Insurance Car Insurance
    "Very Good policy"
    0.5 5.0/5 "Blown Away!"
    When i purchase my car, the dealer has given me a policy from National. In National, they are giving a claim upto 100% only two times and for the third claim only 50% is covered. Since i have a Maruti car, they have a tie up with all the insurance companies. I had a good claim experience.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 24, 2019
  • National Insurance Car Insurance
    "Its better"
    0.5 4.0/5 "Great!"
    I am having car policy with National Insurance, from the beginning I am maintain car insurance with their end. The premium was also reasonable last time I paid around Rs.3000 its only for the third party cover, they don't have road side and 24 hours for this particular plan.
    Was this review helpful? 0
    , gandhidham
    Reviewed on Jun 22, 2019
  • National Insurance Car Insurance
    "GOOD"
    0.5 4.5/5 "Excellent!"
    I had no claim experience with NATIONAL INSURANCE and using from last more than 8-9 years. The premium paying was nominal than others when compared also the IDV value was nominal. The policy coverage is for bumper to bumper and also they are no claim, road side assistance is there.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jun 17, 2019
  • National Insurance Car Insurance
    "Value for money"
    0.5 5.0/5 "Blown Away!"
    I availed car insurance with National Insurance company for that I paid the premium around Rs. 8000 for one year. I took comprehensive plan which cover for me and the vehicle. They do have road side assistance, 24 hours service. Whenever I go for the renewal they are providing no claim features its good.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jun 12, 2019
  • National Insurance Car Insurance
    "Good for money"
    0.5 5.0/5 "Blown Away!"
    I have Santro car it was manufactured in 2015, I took comprehensive plan its fully covered. I believe last time I paid Rs. 5500 of premium, however is no claim but they have road side assistance, 24 hours service with other benefits like no claim feature.
    Was this review helpful? 1
    , kochi
    Reviewed on Jun 06, 2019
  • National Insurance Car Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I have taken the two two wheeler insurance policy with the NATIONAL INSURANCE where the policy has the tenuity period of 3 years and the premium paid was nominal added on that the IDV value is satisfactory with this insurance policy. The coverage is for full.
    Was this review helpful? 0
    , lucknow
    Reviewed on May 30, 2019
  • National Insurance Car Insurance
    "Benefits should be increased"
    0.5 3.0/5 "Satisfactory"
    I feel National Insurance premium is higher, I paid the cost of Rs. 12,000 for per year policy. I took zero depreciate plan it has bumper to bumper. They need to improvement on the cash less network, they should tie up with local networks with brand recommend. I have ford figo car its just two years old for that they gave me only 60% of cover.
    Was this review helpful? 0
    , vadodara
    Reviewed on May 25, 2019
  • National Insurance Car Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    I have a car insurance with National insurance and using the service for last 5years. Its a full covered , first year bumper to bumper. Am paying 4,200 rupees yearly, its reasonable. One time have gone for claim, it was cashless which am satisfied.
    Was this review helpful? 0
    , coimbatore
    Reviewed on May 02, 2019
  • National Insurance Car Insurance
    "Very good"
    0.5 4.0/5 "Great!"
    I have one four wheeler insurance from nation insurance , this is one years insurance last six month back I renewal this one , and its amount is 6.5K , and their allover service is good , and I got their plane benefit , I am satisfied with this insurance ,
    Was this review helpful? 0
    , new delhi
    Reviewed on Apr 29, 2019
  • National Insurance Car Insurance
    "Good Claim settlement"
    0.5 5.0/5 "Blown Away!"
    One time I took car policy from National Insurance, the premium was economical and affordable. I took zero depreciation plan it covered my car front to back bumper. One time I claimed it for small damage, I paid the amount and submitted the bill to the insurer, they done the reimbursement.
    Was this review helpful? 0
    , kadapa
    Reviewed on Apr 20, 2019
  • National Insurance Car Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    I have taken the car insurance policy with the NATIONAL INSURANCE and i had no claim experience and they have offered the bumper to bumper coverage with this policy. They also given the road side assistance, the premium and the IDV value were good.
    Was this review helpful? 0
    , bangalore
    Reviewed on Apr 06, 2019
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