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  • Buy National Car Insurance Online - Check Plan Details & Reviews

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    • Choose from a variety of zero depreciation and roadside assistance covers
    • 3100+ cashless garages

    National Insurance Company Limited (NIC) is one of the oldest and most preferred general insurance firms in the country. The insurance firm is a subsidiary of the government-owned General Insurance Corporation of India (GIC), and is headquartered in Kolkata. The company has a pan-India reach with around 1,998 branches across the country and 14,902 employees. In terms of the Gross Direct Written Premiums (GDWP), the company is the second largest general insurance company in India.

    Car Insurance Online from National Insurance

    Third-party/Liability-Only Cover Third-party policies cover:
    • Bodily injury/accidental death of third-party
    • Property damage (up to Rs.7.5 lakh)
    Incurred claim ratio 2017-18 121.67%
    Net earned premium 2017-18 Rs.5,008.23 crore
    Covers Provided
    • Liability-Only Cover
    • Package/Comprehensive Motor Insurance Policy
    Features
    • Comprehensive coverage is available
    • No-claim bonus for every claim-free year
    • Option to purchase and renew policy online
    Inclusions
    • Liability-only cover
    • Personal accident cover for self and co-passengers
    • Own-damage cover
    Exclusions
    • Damage due to consequential loss, mechanical/electrical breakdown or failure, and wear and tear
    • Tyre damage, unless the car is also damaged
    • Accident or damage caused due to an individual driving under influence of alcohol or drugs
    • Allied labour and costs of parts

     

    Features and Benefits

    • Digital policy purchase and renewal: Customers have the option of purchasing or renewing their car insurance policy through the insurer’s official website. However, if you would like to buy your policy through more traditional means, you can always walk into any one of the insurer’s branches in your city.
    • Discounts/Bonus: Policyholders can avail attractive discounts when they purchase a motor insurance policy from National Insurance. In order to reward safe driving, the insurer provides a No-Claim Bonus for every claim-free year. In addition, if you purchase your motor insurance policy from the insurer’s official website, you can also claim certain online discounts.
    • Customer Service: If you would like for a company representative to assist you or if you have certain queries, you can call the insurer on their toll-free number or send them an email on their dedicated email ID. The insurer also has an online chat feature on their official website. In order to start the chat, you will simply have to enter your name, email ID, and telephone number.
    • Speedy Claim Settlement: On the insurer’s official website, you will find a detailed, step-by-step process on how to lodge/file a claim. If all the steps mentioned are followed and the policyholder submits the necessary documents without delay, the claim will be settled by the insurer in a timely and hassle-free manner.
    • Choice of Coverage: National Insurance provides prospective policy buyers 2 types of coverage options. You can either choose a Liability-Only Cover, wherein you will only be covered for the death/injury of a third party and for third-party property damage (within Rs.7.5 lakh). You can also choose to avail the Package Cover or the Comprehensive Motor Insurance Policy, which will give you a more inclusive and exhaustive coverage.

    5 Easy Steps to Apply for a National Insurance Car Insurance Policy Online

    Listed below are the steps to avail a car insurance policy from National Insurance:

    • Firstly, you will have to visit to the insurer’s official website, and then click on the ‘Motor Insurance – Private Car’ tab on the menu.
    • Once you have navigated to the Motor Insurance page on the website, you can click on the ‘Buy Online’ option.
    • You will then be re-directed to another page in which you will have to key-in certain details about yourself and your vehicle.
    • Once you have filled in all the necessary information, you can pay your premium via your Credit/Debit Card. The risk cover will commence only after the premium is paid.
    • If you require any assistance during this process, you can always reach out to the insurer’s Customer Service team on the toll-free number that’s mentioned on the website.

    Why should one Opt for National Insurance Company Limited?

    • Availability of 2 Coverage Options: While it is mandatory for every vehicle owner to have an active motor insurance policy, insured members can choose between a Liability-Only Coverage or a Comprehensive Coverage, as per their requirements.
    • Instant Policy Renewal: In addition to being able to purchase a policy online, National Insurance also provides members the added benefit of renewing their insurance policy directly through the insurer’s official website.
    • Discounts: Policyholders can avail discounts and bonuses, which can help reduce the overall premium payable.
    • Range of Insurance Products: The insurer has a very varied insurance product portfolio. In addition to motor insurance, the insurer also provides health insurance, personal insurance, rural insurance, and several other such insurance solutions to meet the needs of their diverse consumer base.

    Inclusion and Exclusion Criteria of National Insurance

    Inclusion Exclusion
    Individuals can purchase a Liability-Only Cover or a Comprehensive Motor Insurance Policy. Any vehicular damage caused due to the following factors are not covered:
    • General wear-and-tear
    • Consequential loss
    • Electrical/Mechanical breakdown
    A Liability-Only Policy will cover the following:
    • Death/injury occurring to a third-party, or
    • Damage occurring to a third-party’s property or assets
    Damage occurring only to the tyres will not be covered. However, if the tyres are damaged along with the car, the insurer will pay 50% of the cost of replacing the tyres.
    The Package/Comprehensive Motor Insurance policy will cover liabilities, damages caused to one’s own vehicle, loss of vehicle, and injury/death occurring to self/co-passengers. Accidents or bodily injury/death caused due to the vehicle owner or driver driving when he/she was under the influence of alcohol or other narcotic substances.
    The Comprehensive Policy covers damage caused to one’s own vehicle due to:
    • Man-made/natural calamities
    • Transit by rail, air, road, etc.
    • Theft or burglary
    • Acts of terrorism, malicious acts, strikes, and riots.
    Allied labour and costs of parts

    Insured Declared Value – National Insurance Company Limited

    The Insured Declared Value or the IDV is the maximum amount that the insurer is liable to pay to you in case of total loss or theft of the vehicle. This means that if your car happens to get stolen or is damaged beyond repair in an accident, this is the maximum sum that you can claim for. The insurer is not liable to pay you anything more.

    The determining factor of a vehicle’s IDV is its current market value excluding the rate of depreciation that occurs with time. The value of any accessories that are not factory fitted and the vehicle’s registration cost will also not be included in the calculation of the vehicle’s IDV. The rate of depreciation that will be taken into account as per the age of the vehicle is listed in the table below.

    Age of the Vehicle Percentage of Depreciation
    Under 6 months 5%
    Over 6 months but lesser than 1 year 15%
    Over 1 year but lesser than 2 years 20%
    Over 2 years but lesser than 3 years 30%
    Over 3 years but lesser than 4 years 40%
    Over 4 years but lesser than 5 years 50%
    Over 5 years Based on an agreement between the policyholder and the insurance company.

    Claim Process for National Insurance Company Limited

    In order to file a claim with National Insurance, you will have to follow the steps mentioned below:

    • In case of theft or loss, the concerned person will have to immediately report it to the Police.
    • Post this, the claim form will have to be collected and filled up by the policyholder.
    • This filled and signed claim form will have to submitted to the policy-issuing office along with all required documents and the FIR (if applicable).
    • A Loss Assessor/Surveyor may be appointed by the insurance firm, if necessary.
    • Once all documents are verified, the claim will be settled by the insurer and the payout will be made.
    • In certain cases, the insurer may make a provisional payment if the final claim payment is still pending.

    *The steps mentioned above are only indicative and not exhaustive. For more detailed information, you will need to contact the insurer.

    FAQs for National Car Insurance

    1. How do you define ‘depreciation’ in car insurance?

      The reduction in the vehicle’s value due to general wear-and-tear that occurs with time is called depreciation. Depreciation can play a large role in determining your vehicle’s IDV or Insured Declared Value.

    2. What is a No-Claim Bonus?

      The No-Claim Bonus is a certain bonus/discount that is provided by the insurer to reward you for not making any claims during the policy tenure. The No-Claim Bonus for the present policy year can help reduce your premium payable in the following year.

    3. Is Motor Insurance mandatory?

      Yes, purchasing a motor insurance policy is mandatory for every motor vehicle owner. You are required to, at the very least, have a third-party liability-only cover, by law. However, you can also consider purchasing a comprehensive insurance policy since it offers a higher amount of coverage and is more inclusive.

    4. Can I pay my premium online?

      Yes, you can purchase/renew your policy on National Insurance’s official website and the premium payments can be made by credit/debit card.

    5. What documents should I carry when driving my vehicle?

      While driving, ensure that you carry your car’s Insurance Certificate, Registration Certificate, PUC Certificate, and the driving licence of the person who is driving the vehicle.

    National Car Insurance Reviews

    • National Insurance Car Insurance
      "BEST"
      0.5 5.0/5 "Blown Away!"
      I have used the car insurance policy with the National Insurance previously where i had a very good experience with this insurance policy. I had a claim where the customer service is very good but i am not sure about the policy coverage. Premium and the IDV value is very good.
      Was this review helpful? 0
      , chittoor
      Reviewed on Jan 23, 2019
    • National Insurance Car Insurance
      "AVERAGE"
      0.5 3.0/5 "Satisfactory"
      I am not satisfied with the National Insurance where i have taken the car insurance policy with this because the premium is higher with this insurance policy when compared to the other added on that i have no claim experience with this policy.
      Was this review helpful? 0
      , lucknow
      Reviewed on Jan 16, 2019
    • National Insurance Car Insurance
      "GOOD"
      0.5 3.0/5 "Satisfactory"
      I have used the car insurance policy with the National Insurance for more than 5-6 years as i had once claim with this insurance policy. The claim is good but i am not satisfactory which is not upto the mark. The premium is nominal but the IDV value is lower with this policy.
      Was this review helpful? 0
      , barmer
      Reviewed on Jan 14, 2019
    • National Insurance Car Insurance
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      The IDV value is lower when compared to the other policies but the premium is nominal with the National Insurance policy. I had no claim experience with this insurance policy but the policy coverage is for basic which includes the fir accident.
      Was this review helpful? 0
      , jabalpur
      Reviewed on Jan 14, 2019
    • National Insurance Car Insurance
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      I have used the National Insurance as the car insurance policy where they have provided the IDV value is satisfactory also the premium what i have paid is nominal. I had no claim experience with this policy as i have used it for more than 2-3 years.
      Was this review helpful? 0
      , indore
      Reviewed on Jan 05, 2019
    • National Insurance Car Insurance
      "Good"
      0.5 4.0/5 "Great!"
      I had a car insurance with National Insurance for last year. There was no reminder call from the customer support. The premium is high and its a first party insurance. There is no claim. The customer service and response was okay. It was offered by the showroom while purchasing the car.
      Was this review helpful? 0
      , nagpur
      Reviewed on Dec 29, 2018
    • National Insurance Car Insurance
      "Average"
      0.5 3.5/5 "Pretty good"
      I had a car insurance with National Insurance and the customer service have contacted for the renewal. I need to wait for the response and it was not quick. I had a claim and I did not find any difficulty on the process but I felt accessibility is less. It was offered by the showroom.
      Was this review helpful? 0
      , pondicherry
      Reviewed on Dec 29, 2018
    • National Insurance Car Insurance
      "Better"
      0.5 4.0/5 "Great!"
      I have a car insurance with National Insurance and it was recently purchased before 4 to 5 months. The policy has been renewed directly from the showroom and it depends up on the dealer. The premium is reasonable. It is a comprehensive insurance, it has bumper to bumper offer. I have no claim till now.
      Was this review helpful? 0
      , udupi
      Reviewed on Dec 29, 2018
    • National Insurance Car Insurance
      "Better"
      0.5 4.0/5 "Great!"
      I have bought Maruti car before 2years and by default showroom has provided me an insurance with National Insurance and am renewing with them online. The customer service and premium is better. I have no claim. Its a comprehensive insurance and policy coverage is also better,. I have paid 9K per year through online and got the insurance paper. The renewal process was very easy and used to call during renewal.
      Was this review helpful? 0
      , ajmer
      Reviewed on Dec 20, 2018
    • National Insurance Car Insurance
      "Better"
      0.5 4.0/5 "Great!"
      There was no claim with National Insurance. I never contacted with the customer service and there is no requirement. The premium is reasonable. It is a comprehensive insurance and does not cover bumper to bumper. IDV was good and made the premium through online.
      Was this review helpful? 0
      , guwahati
      Reviewed on Dec 19, 2018
    • National Insurance Car Insurance
      "Good"
      0.5 4.0/5 "Great!"
      My friend is working in National Insurance so he will help me for the renewal. I don't have claim experience. Am using the service for 20 years. The premium is reasonable and the customer service is good. I am satisfied with the policy coverage. They send only hard copy and not got the soft copy.
      Was this review helpful? 0
      , durg
      Reviewed on Dec 07, 2018
    • National Insurance Car Insurance
      "Need an improvement"
      0.5 2.5/5 "Just OK"
      Earlier I had a car insurance with National Insurance and it was average. They took lot of time for the claim process. They need to improve the customer support. It was lower amount and they have provided the claimed amount. They have wider range of workshops.
      Was this review helpful? 0
      , kolkata
      Reviewed on Dec 07, 2018
    • National Insurance Car Insurance
      "Good. Can do better "
      0.5 4.0/5 "Great!"
      The previous year I had my car insurance with National insurance. It was for my i20 vehicle. There was a claim and the process was not up to the mark. They prolonged the process and I was not very satisfied with their services. They need to be more proactive.
      Was this review helpful? 0
      , baruipur
      Reviewed on Nov 27, 2018
    • National Insurance Car Insurance
      "Good Protection for four wheeler"
      0.5 4.0/5 "Great!"
      I have taken National insurance policy through online portal, they have suggested this insurance company. The IDV value is good initially they came me upto 100% of cover, like bumper to bumper because its a comprehensive plan. I have wagon R car it was insured with them.
      Was this review helpful? 0
      , lucknow
      Reviewed on Oct 30, 2018
    • National Insurance Car Insurance
      "Simply Good Policy"
      0.5 4.0/5 "Great!"
      National is a very good insurance policy to use. Simply i just want to experience the other company policies too hence i have not continue with National Insurance. One of my friend referred me about the national insurance. No claim bonus and bumper to bumper has been covered. I had no experienced of any claim. I have used the policy for only one year.
      Was this review helpful? 0
      , patna
      Reviewed on Oct 29, 2018
    • National Insurance Car Insurance
      "They should improve the services"
      0.5 2.0/5 "Expected more"
      Prolonging my claim with National, there was no explanation about the claim settlement. I file my claim, there is no proper from them. They are giving wrong email address and asked me to contact some other details when i contact their branch office. Applying a claim process is quite tough and i have to visit their branch office and their no help from their office however the helpline customer care service is good. There is no cashless claim facility.
      Was this review helpful? 0
      , chandigarh
      Reviewed on Oct 28, 2018
    • National Insurance Car Insurance
      "Very Good Brand name policy"
      0.5 3.0/5 "Satisfactory"
      I never used any facilities from the car insurance. For the sake of the policy, i just took this policy. The premium amount is higher when i compared with other company policies however they are providing the same benefits. At the time i purchase my vehicle, the policy has been given my Maruti Showroom. They have reduce the premium amount and there should be some unique features there in the policy.
      Was this review helpful? 0
      , jaipur
      Reviewed on Oct 25, 2018
    • National Insurance Car Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      The policy was given to me from the car agency when i purchase my car. It was around 4.75 lakhs i have received as IDV value. I have taken the policy in the month of June 2017. I'm not sure about the bumper to bumper. The car agency has taken care of the documentation part. This is the first party insurance.
      Was this review helpful? 0
      , hoshangabad
      Reviewed on Oct 24, 2018
    • National Insurance Car Insurance
      "Poor Services"
      0.5 3.0/5 "Satisfactory"
      I do have a claim experience with National Car Insurance. Its a lengthy process to apply for a claim. After all the process, it took lot of time to receive the settlement amount. Because of the lots of time and the lenghthy process i have moved to other company. They are not dealing with the customer in a proper way. They need to improve a lot.
      Was this review helpful? 0
      , bijnor
      Reviewed on Oct 23, 2018
    • National Insurance Car Insurance
      "Good policy"
      0.5 5.0/5 "Blown Away!"
      I have purchased the car insurance policy in the end of June. I have made a premium amount of Rs. 7000 and i have not availed the services of bumper to bumper and cashless garages. My agent has suggested me to take this policy. I have done the documentation through online and it was good. The service got delayed for receiving the hard copy.
      Was this review helpful? 0
      , arni
      Reviewed on Oct 23, 2018
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    *The customer reviews/feedback/opinions expressed on this website are solely of their authors and do not reflect, in any way, the view of BankBazaar Insurance.