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  • National Car Insurance

    Car Insurance
    • Get quotes from multiple insurers
    • 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)
    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.

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

    • 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
      "Excellent policy"
      0.5 5.0/5 "Blown Away!"
      I had taken my car insurance policy with National for past 6 years. I had a claim experience with them. Its totally satisfactory. The showroom people has taken care of the claim part. For the fibre they have given the claim upto 95% it was a cashless claim facility. My showroom people has given this policy when i take my car from them
      Was this review helpful? 0
      , pondicherry
      Reviewed on Oct 14, 2018
    • National Insurance Car Insurance
      "One of the best company"
      0.5 4.5/5 "Excellent!"
      Initially i had a car insurance policy with National for continuous 3 years. The car showroom people has recommended me to take the policy with National. I have received a no claim bonus with them. They used to provide a regular reminders for the renewal. I'm satisfied about the National Insurance
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 12, 2018
    • National Insurance Car Insurance
      "You can have better policy than National Insurance"
      0.5 4.0/5 "Great!"
      There was a communication gap between the claim process due to that the claim got delayed. They have given the 90% of the claim amount and i have paid 10% from my pocket. This is a default policy which given the dealer when i purchase my car. This policy covers with a cashless garages facility. Since i was choosing the better policy, i moved from this policy.
      Was this review helpful? 0
      , delhi
      Reviewed on Oct 12, 2018
    • National Insurance Car Insurance
      "Less premium policy"
      0.5 4.0/5 "Great!"
      They are offering a coverage amount of Rs. 1.75 lakhs. I have taken the car insurance policy through online. Since the policy premium is extremely lowest when i compared number of companies naturally the customer has to choose this policy. Since last year i have not claimed anything.
      Was this review helpful? 0
      , agartala
      Reviewed on Oct 10, 2018
    • National Insurance Car Insurance
      "Its Good"
      0.5 4.0/5 "Great!"
      National insurance is good, I don't have any bad remark on them. I haven't use the policy but still they have no claim bonus. But the premium amount is bit high compared to other company. But first time taken it was okay but I didn't go for renewal because of cost.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 10, 2018
    • National Insurance Car Insurance
      "Good Policy"
      0.5 5.0/5 "Blown Away!"
      Within a day, i have got my claim settlement. I have applied for the claim through the service centre of Maruti and the person will be available in the garage itself. I have no idea about the coverage amount. My friend has recommended me to take the car insurance policy with National. Continuously 3 years, i have renewed the policy with the same company.
      Was this review helpful? 0
      , chandigarh
      Reviewed on Oct 10, 2018
    • National Insurance Car Insurance
      "Below average policy"
      0.5 3.0/5 "Satisfactory"
      While i was purchasing a car, the showroom people offered me a car insurance policy with National insurance, Till now i have not apply for any claim services. My colleague who is working in the showroom was taking care of policy details. I have no idea about the premium amount. Since it was a new car, they have given me a coverage value upto 100%.
      Was this review helpful? 0
      , jalna
      Reviewed on Oct 09, 2018
    • National Insurance Car Insurance
      "Process should be implement"
      0.5 4.0/5 "Great!"
      I wanted to sell my car hence I went to National Insurance, the premium amount was lesser than Rs.5000 for the tenure of one year. Just for the mandatory purpose I took the policy to sell the car. But the process of National insurance very bad they take long time to provide the policy copy.
      Was this review helpful? 0
      , mumbai
      Reviewed on Oct 05, 2018
    • National Insurance Car Insurance
      "Good policy"
      0.5 5.0/5 "Blown Away!"
      My dealer has provided the car insurance with National Insurance when i purchased my vehicle hence I'm continuing the policy with the same company for past 4 years. I have no idea about the premium amount and IDV value however they are offering a bumper to bumper facility for my insurance. I used to get a benefits of roadside assistance and cashless garages also.
      Was this review helpful? 0
      , jabalpur
      Reviewed on Sep 28, 2018
    • National Insurance Car Insurance
      "Excellent car policy."
      0.5 5.0/5 "Blown Away!"
      Because the premium is very low so i have chosen the car insurance with National Insurance. I made a premium amount of Rs. 5000. I met one accident last one year before. They are offering to bumper to bumper facility. I'm not sure about the cashless garages, road side assistance. I have got a IDV value of Rs 1.50 lakhs. I didn't get any trouble to get the third party claim
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 28, 2018
    • National Insurance Car Insurance
      "GOOD"
      0.5 3.0/5 "Satisfactory"
      I am not sure that for how many years i have used as a car insurance policy with National Insurance but i have no claim experience with this policy. Premium and the IDV value were satisfactory and nominal when compared to the others.
      Was this review helpful? 0
      , chandigarh
      Reviewed on Sep 24, 2018
    • National Insurance Car Insurance
      "Policy which meets my needs"
      0.5 5.0/5 "Blown Away!"
      I had a claim experience once and it was totally smooth process. Every was taken care by the dealer i never contacted the customer care service. Whatever theh have promised they have done the same. While the was not well, they have done the cashless garges also. It was totatally cashless claim. When i bought the car, the dealer has provided the car insurance policy. I have got a additions benefits of the bumper to bumper, road side assistance.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 23, 2018
    • National Insurance Car Insurance
      "Good car insurance company"
      0.5 5.0/5 "Blown Away!"
      Still i did not get any calls from National insurance. Maruti showroom people has recommended me to take the policy with National. The premium amount was Rs. 10000 when i purchased the car insurance. I have got a satisfied IDV value. Overall, i'm happy about the National car insurance.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Sep 22, 2018
    • National Insurance Car Insurance
      "GOOD POLICY"
      0.5 3.0/5 "Satisfactory"
      I have previously used the car insurance policy for 5-7 years where i had no claim experience with this policy and the premium is higher also the IDV value is satisfactory to this policy. I am not aware of the policy coverage they have provided.
      Was this review helpful? 0
      , jammu
      Reviewed on Sep 22, 2018
    • National Insurance Car Insurance
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      There is no specific reason behind taking the car insurance policy with NATIONAL INSURANCE but because of lower premium which is satisfactory to me. I had no claim experience with this policy added on that they offered the bumper to bumper coverage along with the road side assistance.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 21, 2018
    • National Insurance Car Insurance
      "Good policy"
      0.5 5.0/5 "Blown Away!"
      My National insurance policy was taken 3 years before for my Maruti car. They provided me a IDV value as per market value. I pay the premium of Rs. 8000. They have offered me a extra features of road side assistance and towing facility. I had no claim experience with National insurance.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 18, 2018
    • National Insurance Car Insurance
      "It has to be more flexible on the rates"
      0.5 5.0/5 "Blown Away!"
      Earlier i had a claim experience and they have done very good services. They should be more concentrate on the customer's concern. They have done a settlement very smoothly. It was not bumper to bumper covered one. Since its a Government company i chosen this car insurance. Within 3 days i have got my claim amount. The service centres has done all the formailities. Plastic materials are not covered in the policy.
      Was this review helpful? 0
      , kolkata
      Reviewed on Sep 18, 2018
    • National Insurance Car Insurance
      "Nice experience with the provider"
      0.5 4.5/5 "Excellent!"
      I didn't claim anything by using this National insurance. I don't have any experience with their customer care service. I have bought my car insurance policy at that time buying my car in the year 2013. I have been using the policy for 4 years. Last time they have asked for more premium amount hence i have switched over to other company.
      Was this review helpful? 0
      , sultanpur
      Reviewed on Sep 12, 2018
    • National Insurance Car Insurance
      "Good policy till now"
      0.5 5.0/5 "Blown Away!"
      I have bought the car insurance policy in the month January. The reason behind i have selected this because i have compared the features and benefits and i found this is the best one. I made a premium amount of Rs. 5000. I'm not sure about the IDV value. I never called their customer care service. I have done the documentation through online.
      Was this review helpful? 0
      , dadri
      Reviewed on Sep 11, 2018
    • National Insurance Car Insurance
      "Quite Good policy"
      0.5 3.0/5 "Satisfactory"
      There is no cashless and its not covered with bumper to bumper. The policy coverage is really good. I have bought my national insurance policy in January 2017. Most of the benefits are not available in National Insurance hence i have switched over to other companies. There is no claim bonus and road side assistance. My dealer has recommended me to take the car insurance with National insurance.
      Was this review helpful? 0
      , meerut
      Reviewed on Sep 11, 2018
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