New India Assurance Car Insurance

New India Assurance Company Limited is a wholly owned subsidiary of Indian Government and is a multinational insurance contributor present in 27 countries and a market leader in the non life insurance sector in India based from Mumbai. Strong domestic and international presence, a wide range in insurance plans, effective and advanced technology, integrated complaint management structure are some of the keys to the company’s success. And last but not the least New India Assurance is the only insurer who is considered as the direct insurer in India.

Car is treated as another precious asset after home and thereby protecting the same from all dangers and risks become necessary. Car Insurance is mandatory as per The Motor Vehicles Act and one must avail the same for full protection against any unforeseen event. One cannot predict accident and with the increasing number of vehicle these days, chances of accidents have also increased. The expenses can go really high when it comes to accidents and not only this the risks and danger increases, even more, when the same is linked to any third party which can take anyone to court, thereby making both financial as well as mental struggles very difficult. In such a scenario, the car insurance plans play the most important role which provides full protection against the financial burden and third-party risks and damage or loss/death. Without a car insurance plan, any individual will not be in a position to meet the financial requirements and legal obligations.

New India Car Insurance covers both the own damage as well as the third party damage like any other good car insurance plan. And on paying certain extra payments, one can also enjoy certain additional covers for the passengers present at the time of the accident and also for the paid driver and the employees, etc. The plan covers the vehicle from the natural calamities like flood, earthquake, cyclones, etc. and man-made incidents like theft, burglary.  Attractive discount features are also there for members of anti-theft device as well as a vintage car and Automobile Association Member. Like any other insurance company, New India Assurance also has inclusions and exclusions on which the company will see and then process any claim as and when required. Policies can be renewed online or by just walking into any one of the branches. New India Assurance, a very trusted general insurance company provides an all-round car insurance plan which provides almost all kinds of coverage which are needed to protect the vehicle from the risks and dangers associated with the accidents.

New India Assurance Car Insurance Plan at a Glance


Coverage and Benefits

Third Party Coverage:

Up to Rs.7.5 lakhs

Incurred claim ratio:


Personal Accident Insurance:


Network Garages:


No Claim Bonus


The Necessity of New India Car Insurance Plans

Although one can buy a car insurance plan because it is legally mandatory, it’s always better to buy a good car insurance plan that will cover all the eventualities.

New India Assurance offers complete car insurance plans which protects vehicles from such eventualities.

This New India Car Insurance covers all types of vehicles which include Private Cars, scooters & motorcycles, all types of commercial vehicles, and motor trade which means vehicles which are in showrooms and garages.

Basically there are two types of plans which are available which are:

  • Liability Only Plan
  • Package Plan.

Now let’s have an overview of each plan:

Liability Only Plan

The main features of this New India Assurance plan are:

  • Coverage of third party liability for bodily injury and or death. Personal Accident cover for Owner driver is also included in the plan.
  • Third party property damage.

Liability is covered for an unlimited amount with respect of death or injury and damage to third party property for Rs 7.5 lakhs under Commercial Vehicle and private and Rs 1 lakh for Scooters/ Motor Cycles.

Package Plan.

This New India Car Insurance plan covers the loss or damage to the insured vehicle and its accessories caused due to the following reasons which are as under:

  • Burglary, Housebreaking or Theft: This plan covers the expenses which are uncured under burglary, housebreaking or theft.
  • Fire, Explosion, Self-Ignition or Lighting: This plan covers the expenses which is uncured under fire, explosion. Self-ignition as well as lighting.
  • Malicious Act: The Package Plan covers even the malicious act as well.
  • Terrorist Act: The Package Plan covers the human activity of Terrorist Act also.
  • Riot and Strike: Under this plan, the riots and strike are also covered.
  • Earthquake & Fire: Both earthquake and fire are treated as the most common phenomenon in a life cycle and hence this plan covers these two important unpleasant incidents also.
  • Accidental by external means.
  • Natural calamities like flood, typhoon, hurricane, storm, cyclone, hailstorm, tempest and Inundation are also covered under this plan.
  • Landslide or Rockslide are covered under the Package Plan.

The Important Exclusions under Package Plan by New India Assurance Company are as Follows:

  • Consequential loss
  • Wear and tear
  • Driving with invalid driving license and with consumption of alcohol.
  • Loss due to civil war, war.
  • Usage beyond private purposes and limits.
  • Usage beyond specified borders.
  • Tyre damages.

This New India Car Insurance plan covers the towing charges as well from the place of incident to the garage or the workshop to the tune of Rs 300/- for Scooters/ Motorcycles and Rs 1500/- for cars and commercial vehicles. One can pay an extra premium and go for higher towing charges.

Standalone Compulsory Personal Accident Cover

Standalone Compulsory Personal Accident protects the owner/driver while driving the car including mounting or dismounting from or travelling in the four-wheeler as a co-driver. The coverage limit is up to Rs. 15 lacs and the policy duration is 1 year.

Add on Covers:

Upon paying the extra premium, one can get the following covers from New India Assurance Company:

  • Personal accident cover under the car plans for Loss of damage of accessories which are fitted in the vehicle for example fans, stereo etc under the plan.
    • Paid driver under the plan.
    • Passengers under the plan.
  • Legal liability to employees under the plan.
  • Legal liability to non-fare paying passengers in commercial vehicles under the plan.


Any individual who owns a vehicle and is registered under his /her name with the Regional Transport Authority in India can apply for motor insurance plans.

Insured Declared Value (IDV)

IDV or the Insured Declared value is the Sum Insured of a vehicle. In case of theft or where the vehicle is totally damaged and is beyond any repairs, the claim amount depends on the basis of the IDV. The IDV is derived from the producer’s selling price of a car of similar specifications and from this value; the relevant amount of depreciation is deducted based on the age of the vehicle. IDV of vehicles which are beyond 5 years of age and are treated as obsolete models, there the IDV is to be determined on the basis of the consideration between the insurer and the insured.

A Rating under the New India Car Insurance Policy

The Rating depends on the following factors:

  • IDV
  • Geographical Zone
  • Cubic capacity
  • Age of the Vehicle
  • GVW in case of commercial vehicle
  • Add on covers

New India Assurance Car Insurance Premiums

Premiums are dependent on the age of the car, city where the vehicle is registered, engine capacity. In case of own damage, premiums are set as per the sum insured of the insured motor vehicle. In case of third party damage, premiums are set as per the schedule mentioned in the Motor Vehicles Act, 1988.


Upon renewal, No Claim Bonus is applicable where no claim has been made during the New India Car Insurance policy tenure. The bonus will vary between 20%-50% which depends on the number of the claim free years prior to the renewal of the New India Car Insurance Policy. However, the important point to note here is that all the renewals should be made within 90 days of the expiry of the New India Assurance plan. Installation of anti-theft devices which are approved by ARAI. Discounts are given to members who are members from recognized Automobile Association of India. Also, those who are the owners of Vintage or Classic cars as recognized by Vintage and Classic Car Club of India.

New India Car Insurance Claim Process:

The processes of New India Car Insurance claim for the plans are classified into three categories for the ease of the individuals:

  • Damage to the vehicle due to the accident.
  • Theft of the vehicle.
  • Liability claim

Now let’s have a look at the step by step process:

In Case of damage to the vehicle due to the accident

  • The nearby office needs to be informed immediately after the incident who in turn will issue a New India Car Insurance claim form.
  • Duly filled Claim Form along with the copy of Registration Certificate and driving license of the driver who was driving at the time of the accident, needs to be submitted.
  • A Surveyor, prearranged by the New India Assurance company will survey the damaged vehicle and submit his reports to the insurance company. However, where a major accident has taken place, a spot survey will be taken place at the place of the accident.
  • The final bills and the cash memos are to be signed by the insured.
  • Retrieval of the damaged parts might be required to be deposited with the insurance company after the claim has been approved.

In Case of theft of the vehicle.

  • F.I.R (First Information Report) has to be lodged with the Police immediately after the incident.
  • The New India Car Insurance company needs to be intimated thereafter with the copy of the FIR.
  • The Final Police Report needs to be submitted as soon as the same is received.
  • The Surveyor/ Investigator who is appointed by the company will do their own investigations.
  • The Registration Certificate needs to be transferred in the name of the New India Assurance company after the approval of the claim. After this, the handover of keys of the vehicle and a letter of Subrogation and Indemnity on stamp paper duly notarized needs to be submitted.

Liability Claim

  • The New India Assurance company needs to be intimated immediately after any such incident.
  • Upon receipt of any summons from Court, the insurance company should be informed and sent on an urgent basis.
  • Claim Form along with Registration Certificate, Driving License, FIR needs to be submitted.

Documents needed to register a claim for New India Car Insurance

Documents which are to be submitted at the time of registering a New India Assurance Insurance claim are as under:

  • Duly Filled Claim Form.
  • Copy of Driving License.
  • Certificate of Registration.
  • Road Tax verification.
  • Police FIR.
  • Claim intimation received by the insurer.
  • An estimate of repairs and a stamped receipt from the repairer.
  • Copy of the plan and receipt of payment of premium.
  • Fitness certificate.
  • Repair bills done at authorized garages.

New India Assurance Car Insurance- FAQs

Written By: PolicyBazaar - Updated: 02 July 2020
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 12 Reviews)
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New India Assurance Car Insurance Reviews & Ratings
4.1 / 5 (Based on 12 Reviews)
(Showing Newest 12 reviews)
Gadag, July 14, 2020
Man-made disasters
I really like many things about my car insurance policy which I bought from policybazaar and new India assurance. So, my policy plan helps and protects my car from man-made activities. Such as terrorist attack, malicious activities, riots or strikes, burglary and theft etc. It is great that your car plan offers you such great assistance. Thank you so much team.
Babhleshwar, July 13, 2020
Get the plan at low premium rates
I had my car insurance policy from new India assurance company and the plan which I took is very much reasonable in nature. The premium amount of my insurance policy is very much affordable. I would love to recommend to my friends and family those who wants to buy the car insurance policy.
Fakirsahi, July 10, 2020
Third party liability
I bought the third party insurance plan from new India assurance and it was from the website of policybazaar. In this policy plan the insurance company will take care of me and my car at the time of accident and also they will give proper attention to the third party with whom the accident took place. So, in short there would be no legal and financial liabilities on me and all thanks to the insurance company.
Allahabad, May 23, 2016
I want renewal car insurance that's expired in April 15
I want renewal my car insurance that's is expired in April 2015 my car is Chevrolet sail uva model 2014 so plz assist me as soon as possible.
Noida, March 31, 2016
Hard copy of Car Insurance
HYUNDAI XCENT, Car Registration No. UP16AU5895, ID No.31540890, Insurer - New India Assurance (Zero Dep Plan), Email Id. :, Policy No. 31030031160300000834, Premium : 9151.00/-, Please send me the Hard copy of the Policy.
Delhi, March 01, 2016
Service Is Slow.
I purchase new india assurance car insurance policy plan. The policy coverage is good and for whole car damage except fiber parts. Claims are high and premium is low. The only thing is service is slow. Please improve it.
Plan Name: Comprehensive Policy
Agent Code: BPW01792
Gurgaon, February 27, 2016
slow service.
My car insurance is with new india assurance. Toe car is available but it take charges. Claims are good and no extra bill amount is made all includes in policy coverage. Service you provides is slow please do something for it.
Plan Name: Zero Dep Plan
Agent Code: BPW01009
Ahmedabad, February 27, 2016
Service Is Slow.
My car insurance has good coverage of any case like accident or servicing. Claim is around Rs.3.2 lakhs. Toe car is also an option for free. The new india assurance has low premiums. Just improve your services with fast interface. Please do it.
Plan Name: Comprehensive Policy
Agent Code: BPW01009
Gwalior, February 27, 2016
Perfect Car Insurance.
I own new india assurance car insurance policy plan. Policy coverage is high with low premiums and the claims are easily sanctioned because of fast service. Even the toe up facility is there without taking any charges for it.
Plan Name: Comprehensive Policy
Agent Code: BPW01009
Junagadh, February 15, 2016
Chennai, February 05, 2016
Karnal, December 20, 2015
I am holding a car insurance policy with new india assurance car insurance. The policy provided by them is good and satisfactory. I just had to renew the policy every year . The policy covers the accidental coverage and all the damage caused to my car. They are giving a claims upto 80%.