• New India Assurance Car Insurance Renewal

    Car Insurance
    • Protect yourself with third party or comprehensive cover
    • Use bumper to bumper policies to reduce your liability
    • Enjoy facilities like zero depreciation and roadside assistance covers

    New India Assurance Co. Ltd. is a multinational general insurance firm operating in 28 countries across the globe, with its headquarters located in Mumbai, India. New India Assurance has over 2400 offices located across India out of which over 1300 are micro offices. Their wide operating network contributes to their large customer base in India. As on 30th June 2017, they have around 17000 employees and close to 68000 agents offering top insurance services for over 230 insurance products in India.

    New India Assurance Car Insurance Renewal Premium Calculator

    Insurer websites have a built-in tool called premium calculator which is used to calculate insurance premiums instantly. The calculator will have a number of fields where you need to fill in the respective details, and using this information the calculator will quote your insurance premium. Renewal premium calculator will have additional fields where you will have to fill in the details of your previous insurance as well and based on the information provided by you, your insurance premium will be calculated. New India Assurance Car Insurance has a renewal premium calculator for private cars and includes the following components:

    • Vehicle Details:

    Under this section you will have to fill in vehicle information such as year of manufacture, date of vehicle purchase, make of your car, etc.

    • Coverage details:

    Under this section you need to confirm the insurance coverage you want to opt for and whether you drive the vehicle or not.

    • Policy period:

    Under this section you will have to specify the duration of the insurance policy you are renewing.

    • Previous policy details:

    Under this section you need to provide details of your previous insurance policy such as previous policy number, policyholder’s name, etc.

    • Get protection for accessories:

    Under this section you need to provide the original value and depreciated value of the accessories.

    • Additional discounts:

    The information you provide under this section determines the discounts you can avail on your insurance premium.

    • Additional covers (optional):

    If you want additional covers added to your base policy, you can mention it under this section.

    • Contact Details:

    Under this section, you need to provide your contact details such as your mobile number and mail id.

    Once you have filled in the necessary details as above, you can click on the ‘Calculate Premium’ button present below the webpage and the calculator will calculate and quote your insurance premium.

    New India Assurance Car Insurance Renewal Procedure

    There are two ways to renew your insurance policy:

    • Online:

    Based on the premium quoted by the premium calculator, you can decide on whether to buy the insurance policy or not. If you do choose to buy the insurance policy, you can click the payment link to proceed and you will be directed to a web page asking for your payment details that you need to fill in and buy the insurance policy.

    • Offline:

    You could also visit any of the New India Assurance offices/meet with the insurance agents to discuss further and decide whether or not to renew your insurance with them.

    New India Assurance Car Insurance Renewal Key Benefits

    New India Assurance offers a number of key insurance benefits such as:

    • Hassle-free renewal process
    • Paperless documentation
    • Quick and easy claim settlement
    • Insurance premium discounts

    New India Assurance Car Insurance Renewal Features

    New India Assurance has attractive insurance features such as:

    • Cashless garage network
    • Optional riders such as Zero Depreciation, No Claim Bonus (NCB) Protect, etc.
    • Competent 24X7 customer support

    New India Assurance Car Insurance Renewal Claim Process

    Insurance renewal claim process depends on your insurance coverage and the kind of mishap:

    • In case of Accidental Damages to the insured vehicle:
      • You will have to contact the nearest New India Assurance branch office as soon as the accident happens and raise a claim request
      • You need to provide the necessary documents to support your claim request
      • New India Assurance will send a surveyor to assess the damages to your vehicle and submit a report on the same to the insurer
    • In case of theft of the insured vehicle:
      • As soon as the mishap happens you need to file a FIR at the nearest police station
      • You also need to inform the nearest New India Assurance branch office about the mishap and raise a claim request
      • New India Assurance will assign a surveyor to investigate the matter and upon completion the surveyor will submit a report to the firm
      • Further action on the claim request will be taken as per the filed FIR and the investigation report submitted by the surveyor
    • In case of liability claims
      • Inform the nearest New India Assurance branch office about the mishap that has resulted in third-party liabilities and raise a claim request for the same
      • Submit the court summons to the insurer once you receive them
      • You also need to submit necessary documents like your driving license, RC book along with the FIR report you filed when the mishap happened
      • After further verification if every document you submitted is legitimate, the insurer will approve your claim

    Now, depending on the availability of cashless garage near you at the time of mishap, you can opt for either a cashless claim or reimbursement claim.

    New India Assurance Car Insurance Renewal FAQs:

    1. What are the documents required to register a claim with New India Assurance Car Insurance?

      When raising a claim request, you need to submit documents such as copy of your insurance policy, copy of your driving license, certificate of registration of vehicle, invoices for your car repair (reimbursement claim), police FIR, etc.

    2. What does the Liability Only policy cover?

      This insurance policy covers third-party liabilities towards personal injuries, vehicle damages and/or external property damages.

    3. What is the covered under the Motor Package policy?

      Under this insurance policy vehicle damages caused due to man-made and natural calamities are covered.

    4. What is the coverage provided under the Solatium Fund Scheme?

      The Solatium Fund Scheme was introduced by the Central Govt. to provide compensation for "Hit and Run" victims. Under this scheme, a compensation of Rs.12,500 is provided to the injured victim or his/her family and in cases resulting in the victim’s death, a compensation of Rs.25,000 is offered to his/her family.

    5. What is not covered under New India Assurance Car Insurance policy?

      New India Car Insurance comes with a number of exclusions and you cannot raise a claim in cases such as if you were under the influence of alcohol when the accident took place, if you don't hold a valid driving license, if your car breaks down due to mechanical/electrical failure, etc.

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