"Spending a whole day looking for insurance is fun," said nobody, EVER!

    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
      "Very good"
      0.5 5.0/5 "Blown Away!"
      I Have a car insurance policy from National insurance. I have no complains with the policy. It is going well, I am happy with it and it's services. I would like to rate it 5 out 5 because I did not face any kind difficulty from the customer service or processing.
      Was this review helpful? 0
      , mohali
      Reviewed on Mar 25, 2018
    • National Insurance Car Insurance
      "Good Insurance company"
      0.5 5.0/5 "Blown Away!"
      National Insurance company is located near to my place, they always provide me door step service for the renewal. The documentation process and claim process was good. When my Hyundai I 10, car got minor damage, it got repaired in authorized dealer. Finally they issued cheque on my name. Premium is best for the insured declared amount.
      Was this review helpful? 0
      , jalandhar
      Reviewed on Mar 15, 2018
    • National Insurance Car Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      My previous car insurance policy was from Oriental Insurance, the insurance provider was also good I did not face any issues with the policy, the services were good, I never took any claim so I can't comment on that. As far as the policy coverage is concerned almost all policies are expensive.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 15, 2018
    • National Insurance Car Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      I have a car insurance policy taken from National Insurance, I took the policy randomly for my car. Personally speaking all the policies are expensive, the processing was done on time and I received the documents on time, the service was good. Hence, I would give this policy 4 rating out of 5.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 15, 2018
    • National Insurance Car Insurance
      "Its Good"
      0.5 4.5/5 "Excellent!"
      National Insurance gave me the best IDV value, I have Breeza Car, the cost of the vehicle was around Rs. 12 lakhs it was 2017 model. They gave me bumper to bumper protection with zero depreciation for all the parts like engine, motor etc. I made the premium nearly Rs. 24,000 per annum.
      Was this review helpful? 0
      , medak
      Reviewed on Mar 13, 2018
    • National Insurance Car Insurance
      "Premium should be economical"
      0.5 4.0/5 "Great!"
      National Insurance car policy has costly price and some features was not covered. More over I would say the lack of guidance is lacking with them. Plan features was satisfactory, they do have third party, road side assistance features, only concern about the premium.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 13, 2018
    • National Insurance Car Insurance
      "Best "
      0.5 5.0/5 "Blown Away!"
      I have a car insurance policy taken from National insurance and I got no claim bonus on this policy and I received 100 % claim on my car. I am totally satisfied with the policy because everything went well. I would like to give this policy 5 rating.
      Was this review helpful? 0
      , manesar
      Reviewed on Mar 09, 2018
    • National Insurance Car Insurance
      "good experience"
      0.5 5.0/5 "Blown Away!"
      I had a Car insurance policy from the NATIONAL insurance company. First of all i didn't have any claim experience so i cant able to comment on it. Other wise the product is good and it covers all benefits. The customer support is good and they sorted all queries.
      Was this review helpful? 0
      , mandya
      Reviewed on Mar 07, 2018
    • National Insurance Car Insurance
      "Good "
      0.5 4.0/5 "Great!"
      I have a car insurance policy in the name of my father National Insurance. The policy is good and satisfactory we don't have any claim experience but yes the processing was done on time I have no issues with the policy. My total premium is around Rs. 46,000.
      Was this review helpful? 0
      , haryana
      Reviewed on Mar 07, 2018
    • National Insurance Car Insurance
      "Its Average"
      0.5 3.0/5 "Satisfactory"
      When I bought second hand car, the old owner took car insurance from National insurance. I would say the premium was economical but the policy coverage was not upto the mark and the customer service was not responsible, they didn't give any call for the renewal.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 06, 2018
    • National Insurance Car Insurance
      "Average policy"
      0.5 3.0/5 "Satisfactory"
      I had a car insurance policy from National insurance. The policy was fine but as compared to other policies the policy coverage could have been better including the final premium amount and the Idv. Looking at the overall policy I would like to rate it average.
      Was this review helpful? 0
      , belgaum
      Reviewed on Feb 23, 2018
    • National Insurance Car Insurance
      "Poor"
      0.5 2.0/5 "Expected more"
      I had a car insurance policy from National Insurance, my final premium was around Rs. 12,500. The premium amount was too much and the evaluation cost of the policy was too high. I would not recommend this policy to anyone else an I am too equally not satisfied.
      Was this review helpful? 0
      , gokak
      Reviewed on Feb 17, 2018
    • National Insurance Car Insurance
      "Happy with the policy"
      0.5 5.0/5 "Blown Away!"
      I Have a car insurance policy from National insurance. I have no complains with the policy. It is going well, I am happy with it and it's services. I would like to rate it 5 out 5 because I did not face any kind difficulty from the customer service or processing.
      Was this review helpful? 0
      , mohali
      Reviewed on Feb 16, 2018
    • National Insurance Car Insurance
      "Its Better"
      0.5 4.0/5 "Great!"
      National Insurance is a secured one for my car, I paid the premium around Rs. 4000 for car policy, I have chevrolet 999cc vehicle, the model was 2008. Hence the IDV value was less because its an old model. But I used to renew my car insurance from same National Insurance, I believe its trust worthy.
      Was this review helpful? 0
      , kannur
      Reviewed on Feb 06, 2018
    • National Insurance Car Insurance
      "Best insurance policy"
      0.5 3.0/5 "Satisfactory"
      My spouse has Tata Nano car, hence we took car insurance from National Insurance company. They activated the insurance on time but for policy copy they had taken after some time. Then I spoke with the customer care they helped on it. Premium was nominal with good coverage on the vehicle, it provides full cover including third party damages.
      Was this review helpful? 0
      , mangalore
      Reviewed on Feb 05, 2018
    • National Insurance Car Insurance
      "Good Claim Experience"
      0.5 4.0/5 "Great!"
      National Insurance premium is more compared to other competitor but benefits are same, like third party cover and road side assistance. Earlier my sister was working there hence I took the policy, when my car got an accident, they took care of it. But I paid partial amount for head light, bump and rubber parts.
      Was this review helpful? 0
      , mangalore
      Reviewed on Feb 05, 2018
    • National Insurance Car Insurance
      "Its Best"
      0.5 5.0/5 "Blown Away!"
      National Insurance terms and conditions are very good and its suitable for me, hence I purchase car insurance from National. They are providing third party cover and road side assistance, I made the yearly premium of Rs. 9000 for the IDV value around Rs. 2 lakhs. I took nil depreciation plan its a bumper to bumper cover.
      Was this review helpful? 0
      , satana
      Reviewed on Feb 05, 2018
    • National Insurance Car Insurance
      "Transparent Insurance company"
      0.5 5.0/5 "Blown Away!"
      National Insurance is also good but they have reduced my previous policy cover. Because earlier insurance company gave me zero depreciation, I have not suppose to get lower coverage, I have made the premium around Rs. 16,000 for Swift vxi, National insurance reduced around Rs. 30k but its covers entire parts of vehicle, I took bumper to bumper plan.
      Was this review helpful? 0
      , siliguri
      Reviewed on Jan 17, 2018
    • National Insurance Car Insurance
      "Its Good"
      0.5 4.0/5 "Great!"
      I have chosen National Insurance company for the car insurance because they gave me competitive price and also providing road side assistance, third party damage cover and no claim bonus. I Paid the premium around Rs. 5200 it has the tenure of one year, I have insured Tata Indigo, the cost of the vehicle was around Rs. 1.50 lakh. Now they gave me the IDV value around 1. 36 lakh for basic plan.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Jan 10, 2018
    • National Insurance Car Insurance
      "Best service"
      0.5 4.0/5 "Great!"
      I have taken Car Insurance with National Insurance.The policy has the best schemes.I have no claim experience with them till date.I pay a premium amount of 7000. The executives do respond on time i have no issues banking with them.The policy is paid through online.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jan 08, 2018
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