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  • New India Two Wheeler Insurance

    Two Wheeler Insurance
    • Get quotes from multiple insurers
    • Cashless garages available
    • Buy/renew your policy online without hassles

    The Government of India made it mandatory for all vehicles to have a third-party liability policy under the Motor Vehicles Act, 1988. New India Assurance offers an insurance policy that can be purchased easily online. Two-wheelers reduce the time commuting in a busy city and therefore are a preferred mode of transport by many people in India. But with so many two wheelers on the road, it is important to be protected against financial liabilities that might arise out of accidents. Having a valid motor insurance policy is the best way to be prepared to meet such contingencies.

    Features And Benefits Of New India Assurance Two Wheeler Insurance

    Type of Plan Package Policy Third Party Liability
    Policy Period 12 months 12 months
    Policy Types Comprehensive cover Liability only
    Policy Coverage
    • Theft
    • Physical damage
    • Third-party liability
    • Damage or injury to a third party
    • Damage to third party property
    Exclusions
    • Claims due to contractual liabilities
    • Normal wear and tear
    • Electrical or mechanical breakdown
    • Invalid driving licence
    • Loss or damage due to war
    • Riding under the influence of alcohol or drugs
    • Consequential loss
    Renewal frequency End of policy term End of policy term
    Available Add ons
    • Nil Depreciation Cover
    • Inclusion of Road Tax cover
    • Return of Invoice
    • NCB Protection
    • Engine Protect Cover
    • Additional Towing Charges
    • Loss of Content Cover
    No Claim Benefit Provided for every claim-free year. Discount ranges between 20% to 50%.
    No Claim Benefit after Claim NCB becomes nil NCB becomes nil
    Zero Depreciation Cover Available for vehicles upto 5 years old Available for vehicles upto 5 years old
    Refund Facility Not specified Not specified
    Policy Expiration The policy will expire on at the end of the policy term. You may renew the policy to continue your coverage
    Network Garage Over 800+ network garages

    Reasons To Choose New India Assurance Bike Insurance

    When you opt for a bike insurance policy from New India Assurance, you stand to benefit from a number of value-added features.

    • Easy Claim Settlement

      Assistance is provided round the clock by New India Assurance to customers all across India.

    • No Claim Bonus

      Enjoy discounts on premium for every claim-free year. You can get up to 50% of on your premiums through NCB.

    • Cashless Claims

      You can make cashless claims at any of the garages in New India Assurance’s network.

    • Add Ons

      New India Assurance provides a range of add-on options for customers to enhance the level of protection provided with their insurance plan.

     

    Two Wheeler Insurance Plans Offered By New India Assurance

    New India Assurance offers two motor insurance policies which customers can choose from depending on their needs.

    Liability Only Policy

    This policy covers only death, injury or damage caused to a third party. Under this policy, if death or injury is caused to a third party, there is no limit on the amount covered. For damages to a third-party property, then Rs.7.5 lakh is the maximum limit covered under private and commercial vehicles. For two wheeler insurance policies, only Rs.1 lakh will be covered if damage is caused to third party.

    Package Policy

    By opting for this plan, you can be insured in the following instances for damage to your own vehicle and its accessories along with third-party liabilities:

    • Damage or loss caused by natural calamities
    • Damage or loss caused by manmade calamities
    • Personal Accident Cover
    • Third-Party Legal Liability

    This plan carries the benefits of cashless claims if you avail the services of a network garage. You can also benefit from No Claim Bonuses upon renewal if you do not make a claim during the policy term. Apart from this, you will be eligible for up to Rs.300 for towing charges.

    Coverage Offered Under New India Assurance Bike Insurance

    If you buy a liability-only policy, you will be covered against expenses incurred if you cause damage to a third party or their property. If you choose a package policy, then you will receive benefits against damages to your own vehicle and self. Depending on the policy you have chosen, your coverage will vary.

    • Third-party liability

    This coverage is provided under both plan options. If you cause any accidental damages or loss to a third party, the insurance company will pay for any legal liabilities as per the provisions of the plan. Any expenses related to accidental death, permanent injury or damage to property of a third party will be covered.

    • Loss or damage to own vehicle due to manmade disasters

    The 2 wheeler insurance policy will also cover certain manmade disasters. These include accident by external means, theft, burglary, riot, strike, terrorist activity, any malicious act, any damage in transit by air, rail, road, rail, inland waterway, lift, or elevator.

    • Loss or damage to own vehicle due to natural calamities

    The natural calamities covered include fire, explosion, hurricane, tempest, cyclone, self-ignition or lightning, typhoon, earthquake, storm, frost, inundation, hail storm, flood, landslide and rockslide. If your vehicle is damaged or lost completely due to natural events, the insurance plan will pay out a benefit to cover expenses or losses.

    • Optional Add-on cover

      • Nil Depreciation Cover - Customers do not have to bear depreciation on metal, plastic, fiber and rubber parts, which usually ranges between 5% and 50%. This enhancement cover is available for vehicles up to the age of 5 years.
      • Inclusion of Road Tax cover - In the event that the bike needs to be replaced, this add-on will protect the customer from bearing the Road Tax.
      • Return of Invoice - For vehicles up to the age of 3 years, this cover is available. This add-on protects the insured from the difference between the IDV stated in the policy and the dealer’s listed selling price as on the date of the accident on the same make and model.
      • NCB Protection - With this cover, even in the event of a claim, the customer can aval the next slab of NCB. Up to 2 admissible OD claims are allowed during the policy period.
      • Engine Protect Cover - Customers can be protected against consequential losses caused to the engine and its parts.
      • Additional Towing Charges - Get a reimbursement of towing charges over and above the standard Rs.300 provided under the base plan.
      • Loss of Content Cover - If the customer loses personal belongings in an accident, this add-on will provide protection for up to Rs.20,000, subject to a maximum of 20% of the sum assured.

    Exclusions In New India Assurance Two Wheeler Insurance

    There are certain exclusions applicable under a 2 wheeler insurance policy from New India Assurance. Under these particular circumstances, the insurer will not be liable to pay any benefits to the policyholder.

    • Consequential loss
    • Damage caused by a person riding without a valid driving licence
    • Damage caused by a person riding under the influence of alcohol or drugs
    • Wear and tear of the two-wheeler
    • Electrical or mechanical breakdown
    • Loss or damage due to war, nuclear risk or mutiny
    • Vehicles used for purposes other than in accordance with the limitations of use

    Eligibility To Buy New India Assurance Bike Insurance Online:

    Any 2 wheeler owner can avail a motor insurance policy from New India Assurance if the vehicle is registered in his/her name with the Regional Transport Authority of India. In addition to this, New India Assurance might take into consideration the following factors:

    • Vehicle age - Vehicles up to the age of 15 years can be insured.
    • Driver details - The person who will be using the vehicle must be of legal age to ride and have a valid license.
    • Fitness certificate - The vehicle might need a fitness certificate, especially if it is an old bike.
    • Inspection - Depending on the vehicle, an inspection by a representative of New India Assurance might be required.
    • Modifications - Some insurance providers might be reluctant to insure a vehicle with modifications, or might provide insurance at a higher premium.
    • Payment - Depending on the plan chosen, a premium amount will have to be paid to avail the policy.

    Steps To Buy New India Assurance 2 Wheeler Insurance Policy Online:

    You can buy a two-wheeler insurance policy from New India Assurance easily online.

    • Log on to the New India Assurance official website.
    • Choose “Buy Online” or “Two-wheeler” under products.
    • You will see an option to enter the details of bike.
    • Enter the make, model, and nearest city of purchase or registration.
    • Enter your contact details.
    • Click on “Calculate Premium”.
    • You will be given the details of how much premium you need to pay in order to be insured for the ideal IDV (Insured Declared Value).
    • If you are satisfied with the price, you can go ahead and purchase the policy.
    • Once you make the payment, the policy will be issued.

    How To Make A Claim From New India Assurance General Insurance?

    Liability Claim

    • You need to intimate the claim immediately to New India Assurance. Inform them of any accident or incident that might give rise to a liability claim.
    • If you receive a summons to court, you need to send it to the insurer immediately.
    • Fill up a claim form and submit it along with the following documents to New India Assurance:
    • Registration certificate
    • Driving licence
    • FIR

    Theft of vehicle

    • File an FIR with the police as soon as possible.
    • Contact your policy-issuing officer and provide him with a copy of the FIR.
    • When you receive the Final Police Report, submit it to the insurer.
    • A surveyor or investigator will be appointed.
    • Once the claim is approved, you will be required to transfer the Registration Certificate of the vehicle to New India Assurance, submit a letter of Subrogation and Indemnity on stamp paper that has been duly notarized. You will also have to hand over the keys of the vehicle.

    Accidental Damage Claim

    • Intimate the claim to the nearest New India Assurance branch.
    • A claim form will be issued which you need to fill in.
    • Submit the form along with the following:
      • Copy of Registration Certificate
      • Copy of Driving Licence of the driver of the vehicle at the time of accident
      • Estimate of repairs
    • A surveyor will be appointed to investigate and report back to the insurer.
    • If the vehicle has major damage, then a spot survey at the accident site will be arranged.
    • The insured needs to submit any bills and cash memos.
    • Salvage of damaged parts might need to be given to New India Assurance once the claim is approved.

    Renew New India Assurance Two Wheeler Insurance Online In A Few Simple Steps

    When you renew your policy on time, it is hassle-free and much simpler. Once the policy expires, renewal might require additional inspections and other information before the insurer is satisfied to give you a policy. Renewing your policy can be done in a few simple steps.

    • Log on to the New India Assurance official website.
    • Choose “Buy Online” or “Two-wheeler” under products.
    • You will see an option to enter the details of bike.
    • Enter the make, model, and nearest city of purchase or registration.
    • Enter your contact details.
    • Click on “Calculate Premium”.
    • You will be given the details of how much premium you need to pay in order to be insured for the ideal IDV (Insured Declared Value).
    • If you are satisfied with the price, you can go ahead and purchase the policy.
    • Once you make the payment, the policy will be issued.

    Why Deductible Is Important In A New India Assurance Two Wheeler Insurance Plan?

    Your insurer might mention a deductible when you avail an insurance plan for your two wheeler. A deductible is simply an amount you are willing to pay in the event you incur costs in an accident involving your two wheeler. The insurance provider will be liable to pay for the remaining amount. For example, if you opt for a 10% deductible, then the insurer will only pay 90% of the cost, to the extent of the sum assured. You will be liable to pay for 10% of the damages caused to your vehicle or a third party. A higher deductible will lower your premiums, but this will also mean that in case of an accident, you will be liable to pay a higher amount. Choosing a lower deductible will increase your premiums, but at the time of claiming insurance, New India Assurance will pay a higher amount.

    What To Do If Your New India Assurance Bike Insurance Plan Expires?

    It is mandatory to have an active motor insurance plan as per the prevailing motor laws of India. Furthermore, it is unsafe to ride your bike without a valid insurance policy. In the event of an accident, you might incur high costs in damages to your own vehicle and to third-parties involved, including any damages to surrounding property. A valid insurance policy will help you take care of the expenses. If you have missed the renewal date and your policy has lapsed, there are a few things you can do to remedy the situation. If you wish to renew a lapsed policy, you will need to contact New India Assurance customer care and find out what options are available. Alternatively, you can purchase a fresh policy.

    • Log on to the official New India Assurance website.
    • Choose to purchase a new policy.
    • Enter your details and calculate your premiums.
    • If you are satisfied with the cost of the plan, you can make the payment.
    • Once the premium is paid, the policy will be issued.

    New India Assurance Two Wheeler Insurance Customer Care Service:

    New India Assurance provides a customer care service round the clock to address any grievances, claim settlements, queries and complaints that customers might have.

    • Toll-free hotline - 1800-209-1415
    • Email - tech.support@newindia.co.in
    • Address

    Corporate Head Office

    New India Assurance Building

    87 M.G. Road, Fort, Mumbai - 400001

    New India Assurance Two Wheeler Insurance Frequently Asked Questions:

    1. Does New India Assurance provide cashless settlements?

      Yes, cashless settlements can be availed at any network garage.

    2. What is a No Claim Bonus?

      If you do not make a claim in the year, you will be entitled to receive a discount on your renewal premium. This is called No Claim Bonus. The bonus increases with every claim-free year but is subject to a maximum of 50%.

    3. How much premium do I have to pay to avail a two-wheeler insurance policy?

      The premiums for a two wheeler insurance policy depends on these factors:

      • Insured's Declared Value (IDV)
      • Age of the vehicle
      • Cubic Capacity of the vehicle
      • Geographical Zones
      • Add-on coverage
    4. How do I know if the garage I’ve chosen is a network garage?

      New India Assurance provides a list of network garages on its official website. You can also contact the customer care for assistance to find out if the garage is within the New India Assurance cashless network.

    5. What is Solatium Fund Scheme?

      This scheme was set up by the Central Government of India to ensure that families of hit-and-run cases receive compensation. In the event of death, Rs.25,000 is paid. For other injuries, Rs.12,500 is payable.

    Two Wheeler Insurance Reviews

    • review Two Wheeler Insurance
      "Best policy"
      0.5 5.0/5 "Blown Away!"
      I have taken two wheeler insurance from All India assurance . I make payment annually through online banking . Every year i have to renew this .customer service and response is good regarding renewal process.It has good benefits with good policy coverage . Am overall satisfied with this insurance policy .
      Was this review helpful? 0
      , thane
      Reviewed on May 23, 2018
    • review Two Wheeler Insurance
      "Average policy"
      0.5 2.0/5 "Expected more"
      I got my two wheeler insurance from All India insurance . I pay the payment yearly through their customer service . It has good claim ratio with good plan benefits . Their customer service and response is good . I have chosen this mainly because of low premium amount. It has good policy coverage with good benefits .
      Was this review helpful? 0
      , thrissur
      Reviewed on May 23, 2018
    • review Two Wheeler Insurance
      "BETTER"
      0.5 4.0/5 "Great!"
      The insurance which i have taken from the NEW INDIA id benefit to me. It is under lower price and very good percentage of claiming that we are getting from the NEW INDIA. But i have no claiming experience. I got this through paperless approval through on line. Customer service is very good.
      Was this review helpful? 0
      , coimbatore
      Reviewed on May 17, 2018
    • review Two Wheeler Insurance
      "Good Two Wheeler Insurance Policy"
      0.5 5.0/5 "Blown Away!"
      I have paid Rs. 1700 annually. I m not aware of the benefits and features of this policy. I have made the payment through cash. My dealer recommended me to take this policy from New India Insurance Company. Once i claim the policy, i can say more about it.
      Was this review helpful? 0
      , coimbatore
      Reviewed on May 16, 2018
    • review Two Wheeler Insurance
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      As it is a government concern all their services are average i can say. It has been pretty smooth for me during the process of taking the insurance. So far i have not feeling that much hustle. I can say it is a very simple plan and it would be better if their services has been improved to a better level.
      Was this review helpful? 0
      , gwalior
      Reviewed on Apr 21, 2018
    • review Two Wheeler Insurance
      "Better experience"
      0.5 4.0/5 "Great!"
      I hold a two wheeler insurance policy from the HDFC ERGO. My annual premium amount is Rs.1400/- which is very much reasonable. I didn't have any claim experience and there is no proper communication from the customer support team therefore unable to comment much about it..
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 04, 2018
    • review Two Wheeler Insurance
      "Good Third party cover policy"
      0.5 4.0/5 "Great!"
      I have Bajaj discover bike its 12 years old vehicle but still New India Assurance gives me third party cover. I paid the premium around Rs. 1500 for per annum. They gave some policy cover based on the vehicle age. However their customer service is also good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 13, 2018
    • review Two Wheeler Insurance
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      My showroom dealer have suggested New India Assurance before eight years at the time they gave good IDV value on the vehicle. It was standard in the market price, earlier they gave me third party, road side, accidental cover . Now my vehicle is five years old hence I didn't go for the renewal.
      Was this review helpful? 0
      , pune
      Reviewed on Mar 13, 2018
    • review Two Wheeler Insurance
      "Good protector for two wheeler insurance"
      0.5 5.0/5 "Blown Away!"
      I have seven bike insurance with New India Assurance, its an auto renewal policy. The experience was good, I would say two wheeler insurance premium is moderate even the IDV value is best based on market value. New India Assurance gives third party, road side assistance, accidental cover.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Mar 13, 2018
    • review Two Wheeler Insurance
      "better"
      0.5 4.0/5 "Great!"
      I had applied and got a Two Wheeler insurance policy from a NEW INDIA ASSURANCE. I didn't have any claim so i cant able to comment on it. But am totally dis satisfied by their customer care services that they wouldn't satisfied by their customer services.
      Was this review helpful? 0
      , davanagere
      Reviewed on Feb 25, 2018
    • review Two Wheeler Insurance
      "Better"
      0.5 5.0/5 "Blown Away!"
      Having two wheeler insurance policy with New India general insurance. I have taken a comprehensive insurance with the New India general insurance. The premium amount I have been paid is very good and comparative low in the market. The customer service response was very good.
      Was this review helpful? 0
      , madurai
      Reviewed on Feb 22, 2018
    • review Two Wheeler Insurance
      "Good"
      0.5 4.0/5 "Great!"
      I have a two wheeler insurance policy from New India. The policy is good I am satisfied with the policy. Their accessibility is good in point of customer service. I have not taken any claim to comment on their post services. My total premium is around Rs. 800 to Rs. 900 and sum assured to me is around Rs. 1,00,000.
      Was this review helpful? 0
      , pune
      Reviewed on Feb 05, 2018
    • review Two Wheeler Insurance
      "Good Bike Insurance"
      0.5 3.0/5 "Satisfactory"
      I am not sure about complete benefits because my showroom dealer gave me the New India Assurance bike policy, the IDV value is good. I have received my policy copy for my Hero Honda HF Deluxe, the bike cost was Rs. 58,000 its 6 months old. New India Assurance is providing third party, no claim bonus as well.
      Was this review helpful? 0
      , piduguralla
      Reviewed on Feb 01, 2018
    • review Two Wheeler Insurance
      "Better Policy to Go"
      0.5 4.0/5 "Great!"
      New India Assurance sent all the documents on time, they gave me good IDV value. Earlier I was having policy from the same insurance policy, again I approached them because of the good service. They approached within the period and gave me the policy copy on time. Premium was around Rs.1500 with the third party cover and no claim bonus is there.
      Was this review helpful? 0
      , jodhpur
      Reviewed on Feb 01, 2018
    • review Two Wheeler Insurance
      "Its Good"
      0.5 4.0/5 "Great!"
      Within a day New India Assurance, two wheeler package got activated, they are providing good feature and good IDV value. I paid the premium around Rs. 1200 for the tenure of one year, I have insured my Apache bike, its covers all the parts of the vehicle, even brand value is good.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 16, 2018
    • review Two Wheeler Insurance
      "Not happy with the services"
      0.5 2.5/5 "Just OK"
      Previously I used New India Assurance for my two wheeler insurance. I was not happy with the services. Though I have no claim, the process about getting the policy was not easy and the premium is also costly. The IDV was not that satisfactory.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 16, 2018
    • review Two Wheeler Insurance
      "Premium should be economical"
      0.5 3.0/5 "Satisfactory"
      New India Assurance premium is not economical , it is higher in the market, when I thought to go with them again for the renewal. I could see the premium was around Rs. 1400, but in other insurance company they were quoting the premium lower than this with good coverage . But their service is good, last time I physically went and took the insurance on time.
      Was this review helpful? 0
      , erode
      Reviewed on Jan 16, 2018
    • review Two Wheeler Insurance
      "Good Service provider"
      0.5 4.0/5 "Great!"
      I forgot to renew my two wheeler insurance policy with New India Assurance, however they gave me a reminder call before a month. But when I logged in I came to know it was already expired before two days. Hence I searched for other insurance company through online, then I gone for HDFC Ergo. Now a days, information is very important for everything, It would be great if New India Assurance, provides reminder on or before two days of due date, rather sending alerts before a month. However they are good in terms of premium and coverage.
      Was this review helpful? 0
      , udupi
      Reviewed on Jan 15, 2018
    • review Two Wheeler Insurance
      "Could be more flexible in the services"
      0.5 3.5/5 "Pretty good"
      It was a easy process to buy the policy at New India Assurance. I earlier used their services. But they were not flexible in the services when my policy got expired. They wanted me to come over and see my bike and then process the request . I did not face this issue with Reliance, so I went ahead with them this time. There was a claim experience with New India and the process for the claim was on time without any hassles.
      Was this review helpful? 0
      , dindigul
      Reviewed on Jan 13, 2018
    • review Two Wheeler Insurance
      "Average"
      0.5 3.0/5 "Satisfactory"
      I did not renew my two wheeler insurance with New India Assurance because when I logged in to their portal to renew the same, I chose the option Liability instead of option package which I needed by mistake. I did not have the flexibility on the portal to change the option I needed for my insurance. I was asked to come over to the office and there were a lot of formalities involved. Apart from this they do not have a good call center facility. If I have a query I am unable to connect with them. There was once I sent them an email and I received a response after a month.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 12, 2018
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