• New India Motor Insurance

    Headquartered in Mumbai, New India Assurance is currently the largest general insurance company in India, based on the gross premium collections. Founded in 1919 by Sir Dorabji Tata, New India Assurance currently has more than 2,300 offices and 578 branches spread across the country. New India Assurance deals with a range of insurance products - ranging from health insurance, motor insurance, travel insurance, etc.

    Why Should You Buy Motor Insurance From New India Assurance

    Some of the advantages of buying a motor insurance from New India Assurance are listed below:

    • In just a few clicks, customers can purchase a motor insurance policy of their choice - four-wheeler insurance, two-wheeler insurance or a commercial vehicle insurance policy.
    • Customer claim request and settlement facilities.
    • Customers subscribed to the New India Assurance car insurance can choose from a number of cashless garages to get their car serviced.
    • Customers can track their claim status online.
    • Customers can transfer their no-claim bonus from any insurance provider.
    • For any query, grievance redressal or complaint regarding the claim, customers can contact the customer care service.

    Types Of Motor Insurance From New India Assurance

    New India Assurance offers the below listed insurance policies for motor vehicles.

    • Four-wheeler insurance - New India Assurance has two types of four-wheeler insurance policies - Liability only insurance and Motor Package insurance. The Motor Package insurance is a comprehensive insurance policy which protects (offers coverage) the customer’s car from theft, natural calamities, man-made disasters, riots, strikes, etc. The policy also offers protection from legal liability to a third party in an accident and personal accident coverage for the owner of the vehicle. The Liability only insurance is a third-party liability policy which offers coverage only for the third-party involved in the accident.
    • Two-wheeler insurance - New India Assurance offers two types of policies for two-wheelers - Liability only insurance and Motor Package insurance. The Motor Package insurance is a comprehensive insurance and includes own-damage cover and third-party liability insurance. In case you require additional protection, you can opt for various add-ons. Customers can also opt for the Liability only insurance, which is a minimal third-party liability policy.
    • Commercial vehicle insurance - Specifically designed for commercial vehicles, such as buses, trucks, taxis, etc, the Motor Package Insurance includes third-party liability, personal accident cover and coverage for the vehicle damage. With the help of this insurance, the commercial vehicle is protected from theft, fire, explosion, riots, earthquakes, floods, accidents, malicious activities, etc. Customers can also avail direct claim settlement facility at the listed New India Assurance network garages across India. To enhance one’s protection, commercial vehicle owners can also purchase the add-on covers. In addition, New India Assurance also offers a Liability only insurance policy.

    New India Assurance Liability Only Policy - Inclusions

    Customers can also choose to buy a minimal level of motor insurance for his/her car, as mandated by the Motor Vehicles Act, 1988. This insurance scheme protects the policyholder from liability claims raised by a third party after an accident, which includes third-party injuries, disabilities, or death and coverage for third-party property damage. That said, the third-party risk policy offers no coverage for the vehicle or personal damage met to the insurance holder and it is advisable to hold a comprehensive motor policy instead to negate this factor.

    New India Assurance Comprehensive Motor Insurance Policy - Inclusions

    New India Assurance offers a comprehensive policy for private vehicles (four-wheelers and two-wheelers) and commercial vehicles.

    New India Assurance Two-Wheeler Motor Package Policy- Inclusions:

    • Coverage for the damage of the vehicle following an accident.
    • Third-party liability coverage - including injury, death and coverage for the property of the third-party.
    • Personal accident cover for the insurance holder - including injury and death.
    • Loss of damage to the vehicle caused by fire, lightning, natural calamities (earthquakes, floods, cyclones, etc.), riots, strikes, theft, terrorism,etc.
    • Customers can also choose an extra cover to cover damages met to consumable parts (electrical and non-electrical), and personal accident cover to a passenger other that the driver.

    New India Assurance Four-Wheeler Motor Package Policy - Inclusions:

    • Third-party liability coverage - including injury, death and coverage for the property of the third-party.
    • Personal accident cover - in case of injury, loss of limbs, loss of eyesight, etc., following an accident.
    • Coverage for damages met by the vehicle following an accident.
    • Claim for damages caused either by fire, lightning, natural calamities (earthquakes, floods, cyclones, etc.), riots, strikes, theft, terrorism,etc.
    • The New India Assurance Motor Package Policy also offers extra coverage to cover damages met to electrical and non-electrical parts.

    New India Assurance Commercial Vehicle Motor Package Policy - Inclusions:

    • Personal accident cover - in case of injury, loss of limbs, loss of eyesight, etc., following an accident.
    • Protection for vehicles of different sizes and types.
    • Third-party liability coverage - including injury, death and coverage for the property of the third-party.
    • Coverage for damages met by the vehicle following an accident.
    • Reimbursement claim for damages caused either by fire, lightning, natural calamities (earthquakes, floods, cyclones, etc.), riots, strikes, theft, terrorism,etc.

    New India Assurance Comprehensive Motor Insurance Policy - Exclusions

    If injury, death, damage to the vehicle are met following an accident under the below listed circumstances, the insurer will not be able to avail any insurance coverage.

    • Driving under the influence of liquor/drugs.
    • Negligence leading to accidental losses.
    • Losses incurred while the vehicle was being driven by someone who is not named in the policy or isn’t the owner of the vehicle.
    • Driving without a valid license.
    • Using the vehicle beyond its limits.
    • Depreciation, wear and tear, etc.
    • Consequential losses to the vehicle.
    • Electrical or mechanical breakdown.
    • Losses from nuclear war, radiation/weapons.
    • Losses from war and other such related events.

    New India Assurance Motor Insurance FAQs:

    1. Does the motor insurance policies offered by New India Assurance have any add-on covers?

    Yes, some of the add-on cover are:

    • Depreciation cover
    • Consumable cover
    • GAP value cover
    • Passenger assist cover

    2. What documents should I submit when making a claim?

    You should submit the following documents:

    • Copy of claim intimation
    • Copy of policy and premium receipt
    • Duly-filled Claim Form
    • Driving License
    • Registration Certificate of Vehicle
    • Estimate of repairs from repairer and stamped receipt
    • Bills and Cash Memo of repairs
    • Verification of road tax,
    • Police Panchanama/FIR,
    • Permit and Fitness Certificate

    3. Is it possible to purchase a car insurance policy which has a tenure of a couple of years?

    No, that is not available as of now. That said, you can get a multi-year insurance policy for two-wheelers.

    4. Is my no-claim bonus transferable?

    Yes, you can transfer your no-claim from your previous insurer.

    5. How can I purchase a motor insurance policy from New India Assurance?

    You can visit the website of New India Assurance, choose your policy (two-wheeler, four-wheeler, commercial vehicle policy) and make the payment for it. The payment can be made either by debit cards, credit cards, cheque, or net banking.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.