• National Two Wheeler Insurance Policy - Compare Quotes and Renew Policies Online

    Two Wheeler Insurance
    • Protect yourself with long-term third party cover
    • Enhance you cover with add-on covers
    • Buy/renew your policy online without hassles from the insurers website

    National Insurance Company Ltd. is one of the oldest general insurance company in India. It was founded in 1906 to fulfil the nationalist aspiration for swaraj. After 6 decades it was merged with 11 Indian companies and 21 foreign companies to form what it is today and it became one of the four subsidiaries of the government owned General Insurance Corporation of India. It is headquartered in Kolkata.

    Two wheelers or Motor insurance is no doubt one of the largest sectors in insurance market, and National Insurance had the largest share of market in the financial year 2015-16. It has an excellent rating by the government and has top rated customer reviews online.

    Since it is a general insurance company, National Insurance also deals with health insurance, travel insurance, motor insurance, commercial risk insurance, rural insurance, Industrial insurance, personal accident, and home insurance and so on. If you are looking for an general insurance or two wheeler insurance National Insurance is the one to go with especially if you are in North and east zone.

    Reasons to choose National Insurance two wheeler insurance:

    • You can buy either third-party or comprehensive two wheeler insurance policy in annual term or long-term policy.
    • The comprehensive policy also covers third-party liability cover and it can be purchased online on either third-party website or from the insurer’s website.
    • The company will also issue insurance for both commercial and personal use for two-wheelers but will have to mention in policy about the purpose of use of the vehicle. If the insured two wheeler has met with any accident or has faced mishaps while using the vehicle other than the mentioned purpose in the policy or an act which is not in accordance with the Motor Vehicle Act, the insurance company will not be liable to pay compensation for the claim.
    • No claim bonus can be transferred from any other company if you are changing the insurer with hassle free process and vice versa.
    • It provides no fuss claim assistance and also cashless facility through its network of garages.
    • You can track your claims online with a tracking number provided by the insurer.

    Inclusions in National Insurance two wheeler insurance policy:

    • Inclusions in third-party or liability only cover:

    • As the name suggests, it covers all the legal liability arising out of accidents or mishaps to the third-party person or property by the insured vehicle. It does not provide any cover to the vehicle or its owner.
    • It covers the injuries occurred to the third-party person and death of the third-party person during the accident by the insured vehicle in which case the family of the victim will be liable to get compensation.
    • The property damage occurred to the third-party person is also covered up to Rs. 7.5 lakhs.
    • Inclusions in Comprehensive policy:

    • This type of two wheeler insurance policy covers a wide range of situation for a higher premium. It is available in both annual and long-term options. It provides protection against, third-party liabilities, own vehicle damage, personal accident cover and pillion riders.
    • The two wheeler insurance by National Insurance also protects cover against accident by external fire, explosions, self-ignition, lighting, earthquake, flood, storm, landslide, rockslide and other natural calamities.
    • It also provides protection for man-made calamities like terrorism, riots, strikes or malicious acts by any miscreants, wild protests, etc.
    • Burglary, theft, robbery, house breaking, etc. are also covered.

    Exclusions under the plan:

    • Consequential loss
    • General wear and tear
    • Mechanical or electrical breakdown
    • Failures and breakages
    • Accidental loss or damage occurred due to driving while intoxicated from drugs and alcohol
    • General damage to tyres and tubes unless it has happened during an accident in which case the insurer will pay 50% for the replacement of the same.
    • Personal vehicle used for commercial purpose
    • Driving without a Valid License

    Where to buy National Insurance two wheeler insurance?

    You can opt for the traditional offline buy through agents and brokers or can directly visit the insurer’s office to buy any two wheeler insurance. The second way is easy and convenient for today’s lifestyle and that is through online mode. You can visit either a trusted third-party website or you can visit the insurer’s website to purchase or renew two wheeler insurance. This way you can get many better offers and discounts on your purchase and you will save yourself from paying commission and brokerage to the agents and middlemen.

    You can also calculate the premium you have to pay for either purchase or renewal on any third-party website of insurer’s website through online Bike Insurance calculator. It is a tool which calculates the amount of premium you have to pay by inserting few values:

    • Manufacturing year
    • Age of the vehicle
    • Registration Year
    • Model and Cubic Capacity of the vehicle
    • RTO location
    • Status of previous policy

    Eligibility:

    Any who is riding a two wheeler and of legal age can buy this insurance. The amount of influence you pay depends on the age, model and make of the bike, manufacturing, year, age of the vehicle, driving record, etc.

    Claims:

    Claiming process under this insurer is extremely easy and hassle free, here are the steps you need to follow:

    • If the insured vehicle has met with an accident, then you should immediately inform the insurer. After informing, register an FIR with the nearest police station and obtain a copy of the same. In case of robbery, you will have to obtain no-trace report after a month if the vehicle is not to be found.
    • The insurer will next tow the vehicle from the location and you can opt for repair in one of the garages in insurer’s network. The cost of the repair will be sent to the insurer as a quote which will paid by the insurer after calculating depreciation and voluntary deductibles.
    • You should submit a written application for the claim with full details about the incident along with date and time with FIR copy and no-trace report (if any), vehicle details, personal information along with an ID proof, RC, DL, insurance copy, estimated quote, etc. at the insurer’s office.
    • A surveying inspector will be sent to the garage to inspect the vehicle and the extent and cost of the damages. On the approval by the inspector, the claim will be approved.
    • A tracking number or a reference number will be generated after the submission and you can track the status online.

    Renew of two wheeler insurance policy:

    If you are renewing the policy, you can do so via online and it only takes few minutes and few clicks to complete the process. Go to the insurer’s website or any other trusted third-party website and click on online two wheeler insurance renew. You have to submit the previous policy details, along with personal information and click on submit. The insurer will send you a quote and you can pay through net banking or debit/credit cards.

    The depreciation for the current year for the Insured Declared Value is as follows:

    Percentage of Depreciation Age of the vehicle
    5% Between 0 to 6 months
    15% Between 6 months to 1 year
    20% Between 1 to 2 years
    30% Between 2 to 3 years
    40% Between 3 to 4 years
    50% Between 4 to 5 years

    For more information you can contact the customer care service number mentioned on the insurer’s website.

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