"Spending a whole day looking for insurance is fun," said nobody, EVER!
Loading your search...
Close

Give us a little info & we'll find the best Car Insurance offers for you.

  • New India Car Insurance

    Car Insurance
    • Get quotes from multiple insurers
    • Choose from a variety of zero depreciation and roadside assistance covers
    • 3100+ cashless garages

    New India Assurance Co. Ltd. is a government-owned insurance company that has a presence across the country. They are the market leaders in providing insurance services in India. New India car insurance is one of their products. With a vast network in India, the company has over 2,097 offices in the country with as many as 19,000 employees and 50,000 agents.

    Car Insurance Online from New India Car Insurance

    Third-party Cover Up to Rs.7.5 lakhs
    Cashless Network Garages NA
    Incurred Claim Ratio 2016-17 86.95%
    Net Earned Premium NA
    Covers Provided
    • Zero depreciation
    • Road tax cover
    • Return to invoice
    • NCB
    • Engine protect cover
    • Additional towing charges
    • Loss of content cover
    Features
    • Quick claim settlement
    • Instantaneous purchase
    • Wide range of add-ons
    Inclusions
    • Third-party liability
    • Personal accident cover
    • Loss due to natural calamities
    • Loss due to man-made calamities
    Exclusions
    • Loss due to wear & tear
    • Damage due to general aging of the car
    • Nuclear risks, war

     

    Features and Benefits

    • Customer support team - Be it before buying a policy or post purchase, a well-trained customer service team is always available to answer questions, clear doubts and help policyholders make claims, apply for a policy or renew the same.
    • Discounts- Those who are members of the Automobile Association of India will be eligible for a special additional on the usual rates. Apart from this, policyholders can also avail the benefit of the no claim bonus discount. Those with anti-theft devices installed will also be eligible for an additional discount.
    • Hassle-free claim settlement-Claims are settled in a speedy manner without any hassles by an expert team. The process of initiating a claim during an emergency situation is also very convenient.

    Easy Steps To Apply New India Car Insurance Online

    • Log on to the company website and go to the motor car insurance section
    • Click on the ‘Buy Online’ link to get all details and make a purchase online
    • Once you click on the link, you will be redirected to a page where you have to fill in your personal details and your car details to get an insurance quote.
    • If you are happy with the insurance quote, you can proceed to make payment. Once this is done the policy will be sent to the buyer immediately.
    • If you have any questions during the purchase process, you can always call the toll-free number.

    Why New India Car Insurance

    Government owned
    Easy purchase online
    Instant renewal
    Host of discounts
    No claim bonus
    Wide range of add-on covers

    Add-on covers on New India Car Insurance

    Let's explore the add-on covers offered by New India:

    • Zero depreciation- This allows the policyholder to make up for the loss caused due to depreciation of the vehicle in concern during a claim. The depreciation is covered for the parts of the car and in case of an accident or unfortunate event, the policyholder will be eligible to receive all expenses without taking into consideration any kind of depreciation.
    • Road tax cover- This benefit can be availed till the car is 3 years old. This add-on will basically cover the difference in the amount between the manufacturer’s price and the insured declared value of the vehicle. The maximum amount of cover that can be claimed under this slab id Rs.20 lakhs.
    • No claim bonus- A no claim bonus discount can be availed by the policyholder even after he/she makes 2 claims during the policy year. The customer will be eligible for this discount if his/her car is up to 7 years old but not older.
    • Engine protect cover- In cases where there arises any kind of damage to the engine of the car or any other engine-related parts, this add-on will provide coverage to cover the expenses towards the repair and replacement of the same.
    • Towing charges- If you seek towing assistance during an emergency situation from the spot of the accident and the nearest cashless network garage, the costs towards the same will be taken care of by the car insurance policy upon payment of an additional add-on charge. A maximum of Rs.10,000 can be claimed under this feature.
    • Content protection- Any type of personal belongings that are locked up in the car during the time of an accident or an unfortunate can be claimed under this. Personal belongings like cell phones, laptops, pieces of clothing, jewelry, keys etc. A maximum amount of Rs.20,000 can be claimed under this cover option.

    Inclusion & Exclusion on New India Car Insurance

    Inclusions Exclusions
    Loss or damage caused due to:
    • Fire, explosion & self-ignition
    • Natural calamities such as floods, storms, landslides, earthquakes, rockslides, hurricanes, lightning
    When the policyholder uses the vehicle contrary to mandated instructions
    Loss due to theft, robbery, and other manmade calamities such as strike, riots, terrorist activities, accidental external damage Accident due to intoxication
    Damage caused due to travel by road, air, elevator, inland waterway Damage due to own negligence
    Third-party liability in cases of injury, death or damage Mechanical or electrical breakdown
    Personal accident cover Loss due to nuclear risks
    Loss due to electrical or non-electrical accessories War related risks
    Legal liability to passengers who do not pay fares Consequential loss
      Contractual liability
      Loss of accessories by theft
      If used/driven outside geographical area

    Insured Declared Value - New India Car Insurance

    • The Insured Declared Value (IDV) of a car is usually determined based on the listed price of the manufacturer and the brand of the car.
    • The IDV usually refers to the sum that the policyholder will be eligible to avail at the time of making of a claim.
    • If the car is 5 years or older the IDV will have to be calculated based on an understanding between the insurance provider and the insured party. Below is the sample illustrating how IDV is calculated:
    Age of vehicle % of depreciation
    Not exceeding 6 months 5%
    Exceeding 6 months but not exceeding 1 year 15%
    Exceeding 1 year but not exceeding 2 years 20%
    Exceeding 2 years but not exceeding 3 years 30%
    Exceeding 3 years but not exceeding 4 years 40%
    Exceeding 4 years but not exceeding 5 years 50%

    New India Car Insurance Cashless Garages

    New India has a wide network of cashless garage network garages were customers can avail services without any hassles. You can log on to their website to find out where the nearest network garage is located or even call on the toll-free number for 24/7 assistance on this.

    Claim Process New India Car Insurance

    The claim process will vary slightly depending on the type of claim made. This depends on if the damage is caused due to an accident, theft, natural calamities, manmade calamities or by a third-party. In general, to make a claim, the policyholder has to first notify the insurance provider and keep basic documentation in place. Claims can be made through the wide cashless garages network, where the customer can drive the car or get it towed for repair. In this case the service will be cashless and the insurance provider will directly pay the concerned network garage. In case, repair works have already taken place, reimbursement of the same expenses can be claimed under the insurance policy. In case of an accident, theft, or bodily injury, one should always keep in mind that it is best to inform the police and file an FIR at the nearest possible police station. Following are the documents that need to be kept in place while making a claim:

    Driving license
    RC book
    Policy details
    FIR, if required

    Cashless Claim Process New India Car Insurance

    Let’s explore the cashless claim process:

    • Intimate the insurance provider
    • Drive the car to the network garage or get it towed
    • Provide policy details
    • The payment for the service will be made by New India to the empanelled network garage

    Reimbursement Claim Process New India Car Insurance

    Let's explore the reimbursement claim process:

    • Intimate the insurance provider
    • Keep all bills, invoices and expense documents ready for submission
    • Fill in the duly signed claim form
    • Give all policy details, submit the form and the bills
    • Reimbursement should be made within 7 working days

    New India Car Insurance Reviews

    • New India Car Insurance
      "BEST POLICY"
      0.5 5.0/5 "Blown Away!"
      There is no particular reason behind taking the car insurance policy with NEW INDIA ASSURANCE. the premium is 8k approximately i paid but i am not aware of the policy coverage they provide to me. I had no claim experience with this insurance policy.
      Was this review helpful? 0
      , chandigarh
      Reviewed on Sep 18, 2018
    • New India Car Insurance
      "GOOD"
      0.5 3.0/5 "Satisfactory"
      I have used car insurance policy for last 2 years with New India Assurance and i have purchased this with showroom. I had no claim experience with this policy where they have offered me a coverage of zero depreciation. Premium and the IDV value were nominal in this policy.
      Was this review helpful? 0
      ,
      Reviewed on Sep 17, 2018
    • New India Car Insurance
      "Good price policy"
      0.5 5.0/5 "Blown Away!"
      January Month, i have purchased this policy. I have made a premium amount of Rs. 10000 which is a cheapest policy which i can get. I have selected New India because the price wise its very low. They have provided me a decent IDV value. I did not have any experience with the claim.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 17, 2018
    • New India Car Insurance
      "Cheaper for Commerical vehicle"
      0.5 5.0/5 "Blown Away!"
      We didn't claim in New India even though somewhere around they used to talk very friendly. I had a TATA Indica for that i have taken the car insurance with New India. For the first year, i have got it free from the showroom people. In the 2nd year, i have paid around Rs. 17000. More than 3.5 lakhs i have got a IDV value. The premium is lesser in New India this is the reason i'm continuing with the same company.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Sep 12, 2018
    • New India Car Insurance
      "GOOD POLICY"
      0.5 5.0/5 "Blown Away!"
      I have purchased the car insurance previously with NEW INDIA ASSURANCE because it is a good insurance when compared to the other policies added on that the premium i paid 10k approximately. They have provided the coverage of zero depreciation policy.
      Was this review helpful? 0
      , jabalpur
      Reviewed on Sep 11, 2018
    • New India Car Insurance
      "Good to opt for the money"
      0.5 5.0/5 "Blown Away!"
      Since i haven't made any claim hence i have interacted with the customer care. I have availed the service with new india and i'm happy about the services earlier. I have made a premium amount of Rs. 12500. I have purchased the car insurance policy 6 months back. They are offering a IDV value of Rs. 2.40 lakhs.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 09, 2018
    • New India Car Insurance
      "Better policy"
      0.5 2.0/5 "Expected more"
      I'm not satisfied with the New India Car Insurance. I have changed the insurance company after this. I have taken my car insurance policy in 2012. I have got a no claim bonus from them since continued the policy for past 6 years. I have made the amount of Rs. 4500 approximately as a premium amount.
      Was this review helpful? 0
      , lucknow
      Reviewed on Sep 09, 2018
    • New India Car Insurance
      "Good service"
      0.5 5.0/5 "Blown Away!"
      They have given proper reminder 1 month before regarding the policy renewal. My car dealer recommended me about the car insurance with New India. I made a premium amount of Rs. 18000 since its a new vehicle. I have got a nice IDV value of Rs. 4.21 lakhs. Its a bumper to bumper service included services. I have got other additional benefits of road side assistance and cashless garages.
      Was this review helpful? 0
      , tirupur
      Reviewed on Sep 09, 2018
    • New India Car Insurance
      "GOOD POLICY"
      0.5 4.0/5 "Great!"
      I have purchased the car insurance policy with NEW INDIA ASSURENCE and i am using it since last 4 years and it is my 4th year with NEW INDIA ASSURENCE. Premium for this policy i paid that is nominal and added on that the IDV value is nominal. I had no claim experience but the coverage they provide is for basic one.
      Was this review helpful? 0
      , nagarcoil
      Reviewed on Sep 08, 2018
    • New India Car Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I have been holding the car insurance policy with NEW INDIA ASSURENCE from 2011 but i had not experienced with claim but they have provided with basic coverage and the premium i have paid for 6-7k and also the IDV value is satisfactory.
      Was this review helpful? 0
      , silchar
      Reviewed on Sep 05, 2018
    • New India Car Insurance
      "BEST"
      0.5 5.0/5 "Blown Away!"
      I have purchased the car insurance policy with NEW INDIA ASSURANCE but i had not experienced with claim added on that the coverage they provide for zero dep added on that there is a road side assistance. The premium is nominal and it is satisfactory.
      Was this review helpful? 0
      , north lakhimpur
      Reviewed on Sep 05, 2018
    • New India Car Insurance
      "GOOD POLICY"
      0.5 4.0/5 "Great!"
      The reason behind taking the car insurance policy with the NEW INDIA is that the premium is lower when compared to the others. They have provide me a coverage of basic and not experienced with the claim and i have used for 10 years with no issues.
      Was this review helpful? 0
      , kochi
      Reviewed on Aug 28, 2018
    • New India Car Insurance
      "Average policy"
      0.5 5.0/5 "Blown Away!"
      I have purchased the new India car insurance when i bought my vehicle. I have purchased my car in the year of 2012. I'm using the New India car insurance for continuously 5 years. They have not provided the extra features. This is a first party insurance. I don't have any claim experience so far. I wont recommend this company to anyone because they are not providing the claim on time.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Aug 26, 2018
    • New India Car Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      I have been using the car insurance policy with the New India Assurance since last 3 years where they have provided me with a lower premium also the coverage for bumper to bumper but i have not experienced with the claim with this policy.
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 25, 2018
    • New India Car Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I am holding my car insurance from NEW INDIA ASSURANCE since last 2 years i had a claim also in this policy where they are providing me a coverage of bumper to bumper added on that i had a claim of 25k but i paid 1k for processing fee within 2-3 days i got my car. It is very easy to contact the customer service.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 20, 2018
    • New India Car Insurance
      "BETTER"
      0.5 4.0/5 "Great!"
      I have purchased my car insurance policy with the New India Assurance previously i have used with this policy but i had no claim experience with this policy and i have used this policy is for 2 years. Policy coverage provided by them for this policy is for basic.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 18, 2018
    • New India Car Insurance
      "BEST"
      0.5 5.0/5 "Blown Away!"
      I have purchased the car insurance policy with the New India Assurance where i have purchased the through showroom and i had a claim experience with the policy where it is cashless but except the plastic and glass. I have used this for more than 5 years.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 18, 2018
    • New India Car Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      The reason behind taking the insurance from NEW INDIA ASSURANCE is that they are providing me a lower premium also the documents submitted through online. I had a claim experience of 8700k but it is a reimbursement process. They provided me a coverage of bumper to bumper.
      Was this review helpful? 0
      , asansol
      Reviewed on Aug 17, 2018
    • New India Car Insurance
      "BETTER"
      0.5 3.0/5 "Satisfactory"
      There is no such reason behind taking the car insurance policy from New India Assurance but they are providing me a very higher premium when i have compared it to the other insurance providers. I have used this insurance policy for 5-6 years but i have faced no issues with this policy.
      Was this review helpful? 0
      , kozhikode
      Reviewed on Aug 17, 2018
    • New India Car Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      New India car insurance is a very good company to take the car insurance. I have not remind about the premium amount and IDV value. They are not sending the notifications to renew the policy. I don't face any issue with New India policy. Since i don't have any claim experience, i won't recommend this policy
      Was this review helpful? 0
      , kanpur
      Reviewed on Aug 16, 2018
    Common Loader Icon