New India Assurance Car Insurance Renewal

New India Assurance Co. Ltd. offers car insurance plans for private cars and commercial vehicles. The insurer offers two types of covers:

  1. Liability-only policy - This plan offers coverage to the policyholder from legal liability to a third party in an accident. This covers third-party injuries/death and property damage.
    1. The plan includes personal accident cover for the owner-driver of the insured vehicle. However, it does not offer coverage for the insured car itself.
    2. The policy is also cheaper than a comprehensive package policy.
  2. Package policy - This plan protects the policyholder from loss or damage suffered by the insured vehicle.
    1. The owner-driver of the car is also offered personal accident cover.
    2. Additionally, this policy offers protection from legal liability arising out of injuries/death or damage to property of a third party.
    3. The package policy can be enhanced through the use of add-on covers that can be purchased separately from the insurance company.

New India Assurance Car Insurance Premium Calculator:

The website of New India Assurance offers you the facility to calculate the premium for your car insurance, free of additional charges. For this you will have to visit the insurer’s website and go to the motor insurance page.

  • In the car insurance premium calculator tool, update the make and model of your car, the city of purchase/registration, date of purchase/registration, Insured Declared Value of the car, your mobile number, and email address.
  • Once you agree to the terms and conditions you will receive a quote on your car insurance.
  • This quote will be sent to your mobile number in the form of an SMS.

In case you have any queries regarding the use of the tool, you can initiate an online chat with a representative of the insurance company through the website or contact the New India Assurance customer care team on their toll-free number.

New India Assurance Car Insurance Renewal Procedure:

It is possible to renew your New India Assurance in a hassle-free manner. This can be done instantly at the insurance company’s website by entering a few mandatory details.

New India Assurance offers its policyholders two options to renew their existing policies:

  • By logging in to the insurer’s website - Users can create an account at the insurer’s website and login to this account. They can then use the option for car insurance renewal and update the requisite details. After submitting the form, the renewal of the car insurance policy will be completed.
  • Through the ‘Quick Renewal’ option - Another method available on the website is the ‘Quick Renewal’ process, wherein a customer needs to enter only some basic details. This is a more convenient method of policy renewal as the customer is not required to login to the website and complete other time-consuming formalities.
    • In order to renew your motor insurance policy using the ‘Quick Renewal’ method, you will first have to get a quote for your car insurance online. You can use the New India Assurance car insurance premium calculator tool available at the insurer’s website for the same.
    • The next step is to access the ‘Quick Renewal’ link and update your customer ID and policy number/renewal quote number in an online form. Once this is done, you can view your details and save the quote to proceed with the renewal. Note that the customer ID is the one mentioned in your policy documentation. It is not your login ID to the website.
    • Payment can be done using credit card, debit card, or through netbanking. When the payment is successfully completed, the policy will be renewed.

If you have any queries regarding the renewal process, you can send an email to the New India Assurance customer care team for clarifications. It should be noted that the premium will be inclusive of GST. In case you are eligible for GST exemption, you should walk in to the nearest branch office of the insurance company with the relevant documentation. You can proceed with the car insurance renewal at the branch office.

FAQs for New India Assurance Car Insurance Renewal:

  1. What type of discounts does a customer get when he renews his New India Assurance car insurance policy?
  2. When a customer renews his New India Assurance car insurance policy, he can get premium discounts ranging from 20% to 50%, based on the No Claim Bonus amount accrued.

  3. How is the IDV (Insured Declared Value) decided at the time of renewal?
  4. At the time of renewal, the IDV (Insured Declared Value) is fixed based on the selling price set by the manufacturer of the insured vehicle.

  5. What are the payout limits for a New India Assurance liability-only car insurance policy?
  6. The liability-only policy offers unlimited coverage for bodily injury or death of a third party. For damage to third-party property, the coverage limit is Rs.7.5 lakh.

  7. I am planning to renew my New India Assurance car insurance policy. In the future, if my car meets with an accident, will I be reimbursed the towing charges incurred for transferring the car to a garage?
  8. Yes, the policy pays for towing the vehicle from the accident spot to a garage. The maximum limit for the same is Rs.1,500. You can opt for higher towing charges by paying extra premium.

  9. I am planning to renew my third-party liability car insurance plan from New India Assurance. I would like to get coverage for theft of my car as well. Do I necessarily have to take the package policy for this?
  10. New India Assurance offers a restricted third-party liability cover that protects your vehicle from theft or fire, in addition to providing the traditional coverage under the liability-only plan. But you should note that this coverage is not available for vehicles that are rated under Class D, tariff for miscellaneous, and certain special cars.

  11. What is the sum insured under a package policy from New India Assurance?
  12. The sum insured under the motor insurance policy from New India Assurance is equal to the Insured Declared Value (IDV) of the vehicle. This is essentially the manufacturer’s selling price of the model at the time of policy inception and adjusted thereafter based on depreciation.

    So if the car was totally damaged in an accident or stolen, the insurer will pay the policyholder a maximum amount equal to its IDV. The IDV of a car that is more than 5 years old will be based on a mutual understanding between the insurer and the policyholder.

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

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New India Assurance Car Insurance Renewal Reviews

Page 1 of 11 1 2 3 4 5
  • New India Car Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I had 2 times claim with the NEW INDIA ASSURANCE where the customer support is good and i got the claim on time also the process was 1uick. The premium was nominal also the IDV value is good. The coverage is for zero depreciation with this insurance policy.
    Was this review helpful? 0
    , ghaziabad
    Reviewed on May 20, 2019
  • New India
    New India Car Insurance
    "Good Insurer"
    0.5 5.0/5 "Blown Away!"
    I have car insurance with New india assurance, they have cash less garages but I don't have any claim. I got the policy paper on time, last time I paid the premium amount of Rs. 7000 for first party insurance. They do have road side assistance and 24 hours service.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Apr 23, 2019
  • New India Car Insurance
    "Good claim settlement"
    0.5 5.0/5 "Blown Away!"
    For my Mahindra tractor, one time I claimed with New India Assurance for the small damage. In my experience they are good they settled my reimbursed on time. The customer support is great, they settled 80% from the bill amount. I am very fine with them.
    Was this review helpful? 0
    , kadapa
    Reviewed on Apr 20, 2019
  • New India Car Insurance
    "Very Few branches across the city"
    0.5 4.0/5 "Great!"
    New India office branches will be located at very distance . It is not easy to go their office even for a small claim . They do have very less number of people for inspections . Actually , I went for only small claim , During that time everything was taken care by the car vendor itself.
    Was this review helpful? 0
    , kochi
    Reviewed on Apr 09, 2019
  • New India Car Insurance
    "Quick Claim process"
    0.5 5.0/5 "Blown Away!"
    At the time of car purchase, the dealer have suggested New India Assurance, they have easy option to renew the policy. I claimed it once, when I met with the accident the car got damage in front part then within 10 days I got the cash less garages.
    Was this review helpful? 0
    , bangalore
    Reviewed on Apr 09, 2019
  • New India Car Insurance
    "Good Policy for car"
    0.5 4.0/5 "Great!"
    I have Fiat punto it was manufactured before three years, I got nice insured value around Rs 4.5 lakhs for one year. The premium amount is really economical, they have connected with many garages. I have total experience with New India car policy around three years, they are providing no claim bonus too.
    Was this review helpful? 1
    , chennai
    Reviewed on Apr 01, 2019
  • New India Car Insurance
    "Good Policy"
    0.5 3.0/5 "Satisfactory"
    I had taken this insurance policy a very long time back and the premium had been paying on an annual basis. There has not been any claims made so far and the premium amount with them has also been good. The insurance covers bumper to bumper as well.
    Was this review helpful? 0
    , pune
    Reviewed on Mar 29, 2019
  • New India Car Insurance
    "Affordable premium for my car"
    0.5 5.0/5 "Blown Away!"
    I have taken the zero dep plan with NCB in New India . New india has provided correct IDV value for my Maurtui Ertiga car . It is a third party covere and Co-passengers also covered in my insurance . Cash less garage is alos available in my location .
    Was this review helpful? 1
    , new delhi
    Reviewed on Mar 23, 2019
  • New India Car Insurance
    "Better service"
    0.5 3.0/5 "Satisfactory"
    I have a car insurance with NEW INDIA ASSURANCE and my experience was very good. The premium was 15,000 rupees for seconded car insurance. The policy period is one year. I have not gone any claims. It covers bumper to bumper and road side assistance.
    Was this review helpful? 0
    , pune
    Reviewed on Mar 19, 2019
  • New India Car Insurance
    "Affordable premium for my car "
    0.5 5.0/5 "Blown Away!"
    For my Maruti Suzuki Swift Desire , I insured my Vehicle in New India . It is a third party cover . New India provided a correct IDV value and No claim bonus . It is Bumper to Bumper cover . I got a very good quotation with affordable premium in the market .
    Was this review helpful? 1
    , bangalore
    Reviewed on Mar 18, 2019
  • New India Car Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    I took my car insurance in New India Assurance from 2014. I like the service and am getting no claim bonus. The customer service is excellent. I have gone for cashless garages and its good. The policy period is one year. I have paid the premium through cash. Its a third party insurance.
    Was this review helpful? 0
    , new delhi
    Reviewed on Mar 12, 2019
  • New India Car Insurance
    "Best policy"
    0.5 5.0/5 "Blown Away!"
    I took car insurance with New India Assurance for 1 year, a premium of Rs 5000 has to be paid for this insurance policy. There was no claim experience so far with this insurance. This policy has full coverage and the customer service is very good.
    Was this review helpful? 0
    , nasik
    Reviewed on Feb 11, 2019
  • New India Car Insurance
    "Very Good Service"
    0.5 4.0/5 "Great!"
    I had taken this insurance policy a long time back and the policy covers bumper to bumper. The premium amount has been fine and the payment method is also pretty simple. There has not been any claim experiences which i had so far and the policy has been good.
    Was this review helpful? 0
    , bangalore
    Reviewed on Feb 03, 2019
  • New India Car Insurance
    "Average car Insurance policy"
    0.5 4.0/5 "Great!"
    My car insurance was purchased from New India. Its a 17000 premium amount which i paid for 1 year. They are providing the road side assistance and they don't have cashless garages facility. They are providing the IDV value of Rs. 3.5 lakhs. I make the premium amount through cash to the agent.
    Was this review helpful? 1
    , mumbai
    Reviewed on Jan 29, 2019
  • New India Car Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    My car insurance was recently purchased with New India Assurance through online. When I logged into the online site it gives better option with multiple insurer and I felt New India Assurance is good with reasonable premium and better benefits. I have paid 13,500 rupees for a year. I got the insurance paper. The claim experience is very good.
    Was this review helpful? 2
    , hyderabad
    Reviewed on Jan 23, 2019
  • New India Car Insurance
    "Comprehensive benefit policy"
    0.5 5.0/5 "Blown Away!"
    My car insurance was taken from New India. I don't speak with their customer care since i don't require it. I had a claim experience which is a easy process without any tension. As per their policy, the maximum claim amount settled. Since they are providing good services i have opted this policy. They have given me a road side assistance and bumper to bumper facility.
    Was this review helpful? 0
    , chennai
    Reviewed on Jan 18, 2019
  • New India Car Insurance
    "Need to improve the service"
    0.5 3.0/5 "Satisfactory"
    I'm not satisfied with the service provided by new India. I have bought the car insurance policy. They closed their branch on every weekends hence its difficult to renew the policy. I have been paying the premium amount of Rs. 14000 which is a competitive price. They have given the IDV value of Rs. 1.50 lakhs.
    Was this review helpful? 0
    , mangalore
    Reviewed on Jan 09, 2019
  • New India Car Insurance
    "Average Car Insurance"
    0.5 3.0/5 "Satisfactory"
    My car insured with the New India Insurance company. I have been renewing the policy with the same company for 3 years. I have paid the premium amount of Rs. 7000 and they have offered me a satisfied coverage value. The documentation process was fine
    Was this review helpful? 0
    , mangalore
    Reviewed on Jan 09, 2019
  • New India Car Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I hold a car insurance with New India Assurance from last 5 years, i have not claimed anything so far with this insurance policy. This policy covers bumper to bumper as well as third party damage. I pay a insurance premium of Rs 6000 for this policy.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Dec 29, 2018
  • New India Car Insurance
    "Good policy for car insurance"
    0.5 4.0/5 "Great!"
    Purchased my car insurance policy from New India and i have been renewing the policy for last 9 years with the same company. Since i know a person from new India and he will remind me for my car insurance policy for renewal. The premium amount was nominal and the coverage value which i'm satisfied with.
    Was this review helpful? 0
    , pune
    Reviewed on Dec 28, 2018
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