Bankbazaar

National Insurance Two Wheeler Insurance Policy

About National Insurance Company

NIC (National Insurance Company Ltd.) is one of India’s oldest insurance companies. Incorporated in Kolkata in 1906, the company was merged with 11 Indian companies and 21 foreign companies after nationalisation. Today, it offers a variety of general insurance products including two wheeler insurance.

National Insurance Two-Wheeler Insurance Policy

The National Insurance two-wheeler insurance policy protects bike and scooter owners against accidental damages and liabilities due to damages or losses caused to a third party.

National Insurance Two-Wheeler Insurance – An Overview
Add-On Covers Personal Accident Cover
Incurred Claim Ratio 121.67%
Inclusions
  • Covered against any accidents due to man-made disasters such as fire and explosions
  • Coverage is provided for any losses incurred due to natural disasters such as earthquake or floods
Exclusions
  • Any consequential losses
  • Losses due to mechanical wear and tear of the vehicle
  • Any losses incurred when the insured is driving the vehicle under the influence of alcohol or any other intoxicants
Cashless Network Garages Available
Third-Party Cover Coverage is provided for any liability after an accident involving your vehicle. This does not cover any damage to your vehicle.
Bonus / Discounts No Claims Bonus
Personal Accident Coverage Personal Accident Coverage is offered for those
Policy Term 1 year to 3 years

Benefits of National Insurance Two-Wheeler Insurance

It is a rule put in place by the government to have a motor insurance policy if you are planning to ride a motor vehicle. You can either opt for a liability-only insurance policy or a comprehensive insurance policy. National Two Wheeler Insurance offers both of these policies. In the video below, take a look at some of the advantages of buying a two wheeler insurance policy and make a choice based on your needs and how much you want to be protected when riding your vehicle.

  • Long-term motor insurance plans available
  • Package policy that covers own damage as well as third-party damages
  • The policy can be purchased or renewed online using debit card, credit card, or net banking
  • Insurance policy for vehicles used for social, personal, and professional purpose
  • Additional two-wheeler insurance covers available
  • No Claim Bonus
  • Round the clock on-call and online customer support for convenience
  • Minimum documentation

National Insurance Liability Only Two-Wheeler Insurance Policy

Third-party liability motor insurance policy is the basic insurance policy for your vehicle as mandated under the Motor Vehicles Act, 1988. It covers the insured against legal and financial liabilities arising out of damages or loss caused to a third person or their properties. As per the new policy, all two-wheelers must have a third-party liability cover for a period of 5 years.

Coverage Under National Insurance Liability Only Policy

National Two Wheeler Insurance Coverage
  • Injury or death caused to a third person.
  • Damage caused to a third-party property (TPPD up to Rs.7.5 lakh)
  • National Insurance Two-Wheeler Package Insurance Policy
  • A comprehensive motor insurance policy covers the vehicle in a variety of incidents that may cause loss or damage to the vehicle. It also has an inbuilt cover for third-party liabilities as well

Own Damage Cover

The own damage part of the National Insurance bike insurance policy covers the vehicle for accidental damages, loss, or theft. The following are the major scenarios under own damage:

  • Damage or loss caused to the vehicle due to an accident.
  • Theft of the insured two-wheeler.
  • Loss or damage to the vehicle due to natural disasters.
  • Loss or damage caused to the vehicle due to man-made calamities such as riots, strikes, etc.

Third-Party Cover

The National Insurance motor insurance policy covers third-party damages and losses as default. This includes the following scenarios:

  • Financial liabilities resulting from injuries or death caused to a third person in an accident involving your vehicle.
  • Personal accident cover for the driver/owner of the vehicle.

Exclusions Under National Insurance Two-Wheeler Insurance Policy

The following are some of the things not covered under the National Insurance two-wheeler insurance policy:

  • Any claims arising out of a contract.
  • Normal wear and tear caused to the vehicle.
  • Damage or loss caused to the vehicle by a person who is driving the vehicle on the road after consuming alcohol or drugs.
  • Loss or damage caused to the two-wheeler due to war, mutiny, and nuclear risk.
  • Claims arising out of consequential loss.
  • Depreciation in the value of the vehicle.
  • Damage to consumable items like tyre is limited to 50% only if the vehicle is damaged at the same time.

Factors Affecting Two-Wheeler Insurance Premium

The following are some of the factors that affect the premium that you need to pay for your two-wheeler insurance policy:

  • Insured Declared Value of The Vehicle: The IDV of a vehicle is determined based on the manufacturer’s listed selling price of the vehicle less the depreciation. The IDV is the maximum sum that an insurance company is liable to pay in case of a total loss claim. The higher the IDV of the vehicle, the higher is the premium.
  • Vehicle Age: The age of the vehicle is an important determinant factor while deciding the premium. Generally, the premium for new vehicles is more than that for the old vehicles. There are certain add-on covers that are only applicable for new vehicles. This further adds to the cost of insurance.
  • Capacity of The Engine: The premium for vehicles with high engine cubic capacity is higher than the basic commuter vehicles having low engine displacement.
  • No Claim Bonus: No Claim Bonus is a discount that the insurance companies offer to the policyholders if there are no claims made on the policy during the preceding year. The NCB can range between 20% and 50% based on the number of claim-free years.
  • Location Where The Vehicle Is Registered: The location where the vehicle is registered also plays an important factor in determining the premium.

How to Purchase National Insurance Bike Insurance Policy

If you wish to buy the motor insurance policy online, here are the steps to follow:

  • Contact the nearest National Insurance branch office directly or through an agent.
  • Collect and fill up the proposal form. Read the terms of the policy thoroughly.
  • Submit the proposal form at the nearest National Insurance branch office. The agent service can be directly availed from any of the branch offices.
  • A surveyor may be appointed by the insurer to evaluate the condition of your vehicle in certain cases.
  • An estimate of premium will be given to you.
  • The policy document will be issued after payment is made. The same may be handed over immediately or sent to you via post.

How to File An Insurance Claim with National Insurance Company

The following steps are involved in lodging and settlement of insurance claims:

  • In case of any loss or damage to the vehicle, intimate the insurer immediately.
  • In case of damage or loss caused to the vehicle due to fire, theft, burglary, or third-party damage, file an FIR at the nearest police station.
  • Submit the duly filled claim form at the nearest National Insurance branch office.
  • Submit other documents as asked for by the insurer. These documents may include pathological test reports, medical bills, Discharge Certificates, Receipts from Doctors/ Surgeon and others.
  • The insurance company may appoint a surveyor to evaluate the damages and to gather relevant information about the incident.
  • The claim is settled after verification of documents.

National Insurance Toll-Free Telephone Number

If you need assistance with respect to the motor insurance policy offered by National Insurance Company, you may call on the below-mentioned toll-free number.

Toll-Free Telephone Number: 18002007710

National Insurance Branch Offices In Important Indian Cities:

National Insurance Branch Offices in New Delhi

Branch Address
Scope Minar Laxmi Nagar District Centre Second Floor, Core III, Scope Minar Laxmi Nagar District Centre-110092 Email: 360000@nic.co.in Fax: 23613658
Connaught Circus Jeevan Bharati Building Tower II, Fourth Level, 124, Connaught Circus, New Delhi -110001 Telephone: 011-23325503 Email: 350000@nic.co.in Fax: 23325499
Bhavbhuti Marg 03-A 8th Floor Tower konnectus Building, Opp. New Delhi Railway Station, Bhavbhuti Marg-110002 Telephone: 011-23215597 Email: 390000@nic.co.in

National Insurance Two Wheeler Insurance Customer Care in Ahmedabad

Branch Address
Ahmedabad Hasubhai Chambers, Near Town Hall, Ellis Bridge, Ahmedabad, Gujarat -380006 Telephone: 079-26577301 Email : 300000@nic.co.in Fax: 26575673

National Insurance Two Wheeler Insurance Customer Care in Tilak Road

Branch Address
Baroda 2nd Floor, Dr. Indumati Patel Trust Building, Opp. Aradhana Cinema, Tilak Road-390001 Telephone: 0265-2424101 Email: 310000@nic.co.in

National Insurance Two Wheeler Insurance Customer Care in Chandigarh

Branch Address
Chandigarh SCO 332-334, Sector 34 A-160022 Telephone : 0172-2602918 Email : 420000@nic.co.in

National Insurance Two Wheeler Insurance Customer Care in Bengaluru

Branch Address
Bengaluru 2nd floor, Shubharam Complex, 144, M G Road-560001 Telephone : 080-25584081 Email : 600000@nic.co.in

National Insurance Two Wheeler Insurance Customer Care in Kochi

Branch Address
Kochi First and Second Floor, Omana Buildings, Jews Street, Padma Junction, Kochi, Dist: Ernakulam, Kerala -682035

National Insurance Two Wheeler Insurance Customer Care in Mumbai

Branch Address
Churchgate Royal Insurance Building, 12, J Tata Road, Churchgate, Mumbai-400020 Telephone : - Email : 240000@nic.co.in
Fort Address : Fifth Floor, Sterling Cinema Building, 65, Murzban Street, Fort, Mumbai -400001 Telephone : 022-22017109 Email : 260000@nic.co.in

National Insurance Two Wheeler Insurance Customer Care in Pune

Branch Address
Pune Address : Fourth Floor, Bhausaheb Shirole Bhavan, Pune Municipal Transport Building, Deccan Gymkhana, Pune, Maharashtra -411004 Telephone : 020-25520402 Email : 270000@nic.co.in

National Insurance Two Wheeler Insurance Customer Care in Jaipur

Branch Address
Jaipur Jeevan Nidhi, LIC Building, Bhawani Singh Road, Jaipur, Rajasthan -302005 Telephone : 0141-2745603 Email : 370000@nic.co.in

National Insurance Two Wheeler Insurance Customer Care in Jodhpur

Branch Address
Jodhpur Third and Fourth Floor, Sun Tower, Main Pal Road-342008 Telephone: 0291-2785197 Email : 380000@nic.co.in

National Insurance Two Wheeler Insurance Customer Care in Chennai

Branch Address
Chennai Second Floor, Hamid Buildings Annexe, 190, Anna Salai, Chennai-600006 Telephone: 044-28525331 Email : 500000@nic.co.in

National Insurance Two Wheeler Insurance Customer Care in Coimbatore

Branch Address
Coimbatore Second Floor, C S X Towers, Stock Exchange Building, 684, Trichy Road, Coimbatore, Tamil Nadu -641005 Telephone : 0422-2321350 Email : 650000@nic.co.in Fax : -04222315830

National Insurance Two Wheeler Insurance Customer Care in Madurai

Branch Address
Madurai Address : Commercial plot No:3, 80 Feet Road, Vaigai Colony, Anna Nagar, Madurai-625020 Telephone : - Email : 640000@nic.co.in

National Insurance Two Wheeler Insurance Customer Care in Hyderabad

Branch Address
Hyderabad First Floor, Jubilee Building, Nampally Station Road, Hyderabad, Andhra Pradesh -500001 Telephone : - Email : 550000@nic.co.in Fax : -23233991

National Insurance Two Wheeler Insurance Customer Care in Kolkata

Branch Address
Kolkata Fifth Floor, National Insurance Building, 8, India Exchange Place, Kolkata -700001 Telephone : 033-22421980 Email: 100000@nic.co.in Fax: 22428772
Kolkata Sixth Floor, National Insurance Building,8, India Exchange Place, Kolkata -700001 Telephone : 033-22437943 Email : 150000@nic.co.in Fax : -22427279

National Insurance Frequently Asked Queries

  1. Can I purchase National Insurance bike insurance policy online?

    Yes, you can purchase or renew a bike insurance policy online through the official website of National Insurance.

  2. Is it mandatory to get a two-wheeler insured?

    Yes, the Motor Vehicles Act makes it mandatory for each motorised vehicle in India to have a motor insurance policy. A third-party liability motor insurance policy is the basic form of motor insurance enforced under the law. Violation of the rule amounts to an offence.

  3. Can I renew my existing insurance policy with National Insurance bike insurance policy?

    A two-wheeler insurance policy from any other insurer can be renewed with National Insurance policy and the No Claim Bonus can also be retained (if any).

  4. How can I make a premium payment?

    You can choose between two modes of premium payment:

    • Online Payment
    • Cash payment at the branch

    In case you choose the online payment mode, you can pay via Credit Card, Net banking or Debit Card

  5. How can I check my policy status?

    Simply log into the Portal, enter your valid credentials and get updates on your policy status. You can also call on the toll-free number to get the status of your policy instantly.

  6. Is it possible to cancel a National two wheeler insurance?

    Yes. In fact it is a simple process to cancel an insurance that you have purchased. Simply walk into any of the branches, and provide your policy documents with the duly filled surrender form. Once accepted at the counter, the policy will be cancelled. Further, the refunds will be credited in your bank account.

Disclaimer

This Insurance Company has not partnered with BankBazaar.com. For more details, please visit its website/branch office. The trademarks, logos and other subject matters of intellectual property belong to their respective owners.

 4.5 / 5.0   by 274 users
Used this product? Write a review >>

Cashless Treatment

Plan Benefits

Policy Coverage

Customer Service

Medical Coverage

Claim Experience

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

Two-Wheeler Insurance Reviews

Page 1 of 14 1 2 3 4 5
  • National Insurance Two Wheeler Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I had no claim experience and using the policy from last 2 years. The premium paying was lesser and the IDV value is good which was nominal also i have no claim bonus is available, the policy coverage is fro 1st party given with this two wheeler insurance.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jun 16, 2019
  • National Insurance
    National Insurance Two Wheeler Insurance
    "Good Insurance company"
    0.5 5.0/5 "Blown Away!"
    I have been holding two wheeler policy from 2002 with National Insurance, its good as per experience, The branch is near to my place, the staffs are very helpful. I have hero honda bike therefore I paid the premium around Rs.1500 for one year, they are quoted good insured value for my comprehensive plan.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jun 07, 2019
  • National Insurance Two Wheeler Insurance
    "Trust worthy"
    0.5 5.0/5 "Blown Away!"
    Reason to chose National Insurance it has good brand name. Last time I paid the premium amount around Rs. 1000 for one year plan. I took third party cover for my vehicle, the customer support is helpful, I have five years old hero honda activa bike.
    Was this review helpful? 0
    , kochi
    Reviewed on Jun 06, 2019
  • National Insurance Two Wheeler Insurance
    "Good"
    0.5 4.5/5 "Excellent!"
    I hold my two wheeler insurance with National Insurance from last year. The premium is affordable and I went to their branch to purchase the policy. I have no claims till now. I have taken a third party insurance and my bike is registered in the year of 2011.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 01, 2019
  • National Insurance Two Wheeler Insurance
    "Its trusted and cheaper in the market"
    0.5 5.0/5 "Blown Away!"
    National Insurance is very cheap at the time of my two wheeler policy renewal compared to other insurer. I paid the premium around Rs.1200 for one year. I took policy for one year, the renewal process was easy I got the confirmation immediately. Staff is very helpful, they quoted nominal insured value. I have discover 125 bike it was manufactured 4 years ago.
    Was this review helpful? 0
    , bangalore
    Reviewed on May 30, 2019
  • National Insurance Two Wheeler Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I had no claim experience with the car insurance that has been taken with the NATIONAL INSURANCE where i am using it since from last few years, the premium paid for this policy is for nominal and the IDV value is good with this policy. The coverage is for bumper to bumper.
    Was this review helpful? 1
    , lucknow
    Reviewed on May 30, 2019
  • National Insurance Two Wheeler Insurance
    "Premium should be reasonable"
    0.5 3.0/5 "Satisfactory"
    National Insurance send me the policy copy on time, last time I paid the premium around Rs. 2500 for my 2015 model. Now they increased the premium earlier it was only Rs.1500, currently they give additional Rs.1 lakh of accidental insurance. I took third party insurance for my bike.
    Was this review helpful? 1
    , chennai
    Reviewed on May 28, 2019
  • National Insurance Two Wheeler Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    I am using the two wheeler insurance policy with the NATIONAL INSURANCE but i had no claim experience. The policy has the coverage for basic. The premium and the IDV value is satisfactory with this insurance policy. It is a good policy to use.
    Was this review helpful? 1
    , chennai
    Reviewed on May 13, 2019
  • National Insurance Two Wheeler Insurance
    "Better"
    0.5 4.0/5 "Great!"
    I am with National Insurance for last 6 years, The premium is reasonable for two wheeler insurance. The customer service is good. I don't have any claims with them. I have received the insurance paper on time. The policy is valid for one year and have paid around Rs.1100 through cash.
    Was this review helpful? 0
    , hyderabad
    Reviewed on May 03, 2019
  • National Insurance Two Wheeler Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    I am using National Insurance from last 4years, the service is good. Major reason is my father in law working so its more convenient.I got no claim bonus since I did not made any claims. I have paid Rs.1200 to 1300 for purchasing the policy. I have Unicorn 2014model, the benefits are average. I got insurance paper on time and renewal process is simple.
    Was this review helpful? 1
    , chennai
    Reviewed on May 02, 2019
  • National Insurance Two Wheeler Insurance
    "Good Brand name "
    0.5 5.0/5 "Blown Away!"
    From starting onwards I have been using National Insurance two wheeler for my passion pro 2012 model bike. The premium was around Rs. 900 for one year, the insured value is good around Rs. 30,000. I have taken third party policy with the insurer.
    Was this review helpful? 0
    , new delhi
    Reviewed on May 02, 2019
  • National Insurance Two Wheeler Insurance
    "Better"
    0.5 5.0/5 "Blown Away!"
    I do have a two wheeler insurance with National Insurance because the renewal process simple, I can do it through agent and direct. They are charging around 1000 rupees. I have Activa 125CC which is 5years old. The Insured declared value is good and no claim. It is a third party insurance and full bike covered.
    Was this review helpful? 0
    , coimbatore
    Reviewed on May 02, 2019
  • National Insurance Two Wheeler Insurance
    "AVERAGE"
    0.5 3.0/5 "Satisfactory"
    I have taken the two wheeler insurance policy with the NATIONAL INSURANCE and using from last few years and i have not experienced with claim also the policy coverage is for full. The premium and the IDV value is nominal than others. The service is good.
    Was this review helpful? 0
    , chennai
    Reviewed on Apr 20, 2019
  • National Insurance Two Wheeler Insurance
    "Excellent Service"
    0.5 5.0/5 "Blown Away!"
    I have not gone for claim yet and taken two wheeler insurance from National Insurance . This two wheeler model is of 2018 and the vehicle is Hero Glamour. The policy period is one year and it was suggested by dealer. I have received the policy documents on time.
    Was this review helpful? 0
    , kochi
    Reviewed on Apr 17, 2019
  • National Insurance Two Wheeler Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I have no claim experience with the NATIONAL INSURANCE where i have taken the two wheeler insurance policy and using it from past few years. The policy coverage is for full and they offered the satisfactory IDV value, the premium paid is nominal.
    Was this review helpful? 0
    , vadodara
    Reviewed on Apr 16, 2019
  • National Insurance Two Wheeler Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    I have been using the NATIONAL INSURANCE policy for my bike since from last few years and i had no claim experience. The premium is nominal added on that the IDV value is satisfactory with this policy. It is a basic plan which I have opted for one year.
    Was this review helpful? 0
    , bangalore
    Reviewed on Apr 15, 2019
  • National Insurance Two Wheeler Insurance
    "Good process"
    0.5 5.0/5 "Blown Away!"
    I earlier had my two wheeler policy with National insurance. The services and response is good and I got the policy documents on time. The policy coverage and the plan benefits are good. The premium was also affordable. I have not used the service yet.
    Was this review helpful? 0
    , indore
    Reviewed on Apr 12, 2019
  • National Insurance Two Wheeler Insurance
    "Good Insurance"
    0.5 4.0/5 "Great!"
    My Mahindra bike is around three years old, hence I paid the premium around Rs. 1168 for one year. I took first party insurance with the insurance value around Rs.34,000. National insurance got tie up with many garages, I am very much happy about it.
    Was this review helpful? 0
    , noida
    Reviewed on Apr 12, 2019
  • National Insurance Two Wheeler Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    I have taken the two wheeler insurance with the NATIONAL INSURANCE and I had no claim. The premium and the IDV value where nominal compared to the others. They provided the basic coverage with the road side assistance with this insurance policy.
    Was this review helpful? 0
    , bangalore
    Reviewed on Apr 06, 2019
  • National Insurance Two Wheeler Insurance
    "Its Good"
    0.5 4.5/5 "Excellent!"
    I used to pay Rs. 1000 for one year bike policy with National Insurance, I took the first party insurance, the cost of policy is reasonable as compared to others. They got tie up with many center, I have insured my activa bike, the insured value is good.
    Was this review helpful? 0
    , chandigarh
    Reviewed on Apr 02, 2019
Common Loader Icon
Page 1 of 14 1 2 3 4 5
reTH65gcmBgCJ7k
This Page is BLOCKED as it is using Iframes.