New India Assurance car insurance renewals can be done ‘Anywhere, Anytime’ with a hassle free renewal procedure. Customers can instantly renew their existing New India Assurance car insurance policies by entering only a few mandatory details.
New India Assurance offers its policyholders two options to renew their existing policies. Users can create logins and renew their car insurance policies through their online account. Another method available is via a ‘quick renewal’ process where a customer has to enter only a couple of details and complete his policy renewal conveniently. Customers can renew their car insurance policies in a simple process on the New India Assurance website by just following a few steps.
New India Assurance Car Insurance Renewal Procedure
To renew a policy using a login, policyholders need to first register their New India Assurance car insurance policies and update their online accounts with all the details relevant to their existing policies. Users creating a login will be provided with a user ID and a password and they can complete their renewals using this after logging in.
For a ‘quick renewal’, policy holders are required to enter their renewed quote numbers or old policy numbers and customer IDs into the respective fields on the renewal page of the New India Assurance website. Customers can get these details from the insurer through an automated SMS. The customer IDs can be got from policy documents or from any branch office. New India Assurance customers can get their policies renewed by paying their premiums using credit cards, debit cards or via net banking. After the premium payment is done online, the customer is issued a new car insurance policy from New India Assurance instantly.
Only certain New India Assurance insurance products can be renewed using the ‘quick renewal’ process. New India Assurance car insurance policies qualify for a ‘quick renewal’ and do not require a customer to create a login and renew using his online account.
FAQs for New India Assurance Car Insurance RenewalWhat type of discounts does a customer get when he renews his New India Assurance car insurance policy?
When a customer renews his New India Assurance car insurance policy, he can get discounts ranging from 20% to 50% on the No-claim bonus amount, depending on the type of car and the tenure for which the no-claim is being made.How is the IDV (Insured Declared Value) decided at the time of renewal?
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.
GST Update: GST of 18% is applicable on car insurance effective from the 1st of July, 2017