New India Assurance Bike Insurance Claim

A bike insurance claim is made by a policyholder in case of an unfortunate accident. New India Assurance bike insurance claim is a smooth and and easy process designed after keeping the convenience of customers in mind.

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The claim proceedings depend on the type of insurance, and the process one chooses to go for. The claim eventually depends upon the Insured Declared Value. It is simply the maximum amount that the insurer will compensate on a raised claim. The IDV is decided at the time when a buyer applies for a bike insurance policy.

How to file a New India Assurance Cashless Bike Insurance Claim?

At the time of claim settlement, the owner of the insured two-wheeler can prefer either cashless claim settlement or reimbursement claim settlement.

In a cashless claim settlement, the policyholder doesn’t have to pay the network garage any amount to repair the insured two-wheeler.

The process of filing a cashless bike insurance claim at New India Assurance Insurance Company is as follows:

Step 1: Inform the insurer: Customers need to inform the insurer regarding the accident and the damage caused. One can contact the insurance company through the customer service number available on their websites. The policyholder must inform the insurer as soon as possible after the incident.

Step 2: Surveying: The insurer will assess the condition of the bike or two-wheeler to estimate the extent of damage caused.

Step 3: Repairing: Once the survey is done, you can take your two-wheeler to an authorized garage for getting the repairs done.

Step 4: Settlement: The garage will send all the bills and receipts to the insurer while you submit the required documents. The insurance company verifies all the documents and then settles the claim by directly making payments to the garage. However, this is done after you have paid your voluntary deductible.

How to file New India Assurance Reimbursement Bike Insurance Claim?

During the reimbursement bike insurance claim, the insurance holder has to pay for the repairs of the two-wheeler if the bike is taken to a garage not authorized by the insurer. The step by step process to claiming for a reimbursement bike insurance claim are:

Step 1: Intimate the insurance company: Inform your insurer about the accident and the damage of the insured two-wheeler.  You can simply call on the toll-free number provided on the insurer’s website. However, remember to do it within 24 hours of the incident.

Step 2: Surveying of the damaged two-wheeler: A surveyor will come from the insurance company to assess the damages caused. During this inspection, the damage and the loss will be confirmed for further proceeding of the claim settlement.

Step 3: Repair: You can then take your vehicle to any garage of your choice for getting the repairs done. Remember to collect all the bills and receipts as they have to be submitted to the insurer.

Step 4: Claim Settlement: Submit all the receipts to the insurer along with the other documents, pay your deductible. Once the insurer verifies everything, they will reimburse the claim amount to you.

Common New India Assurance Bike Insurance Claim Rejection Reasons

The claim settlement process can get declined for several reasons. One of the major reasons also includes improper submission of documents which can delay or even get the claim settlement cancelled. The insurer has all the rights to decline the claim if the insurance holder is found under any breach of the insurance regulations. Therefore, it’s suggested to go through every aspect before signing for a bike insurance policy.

Some of the common reasons why insurance claims are rejected include:

  • The insurance holder cannot raise any claim if the accident occurred due to intoxication.
  • If the accident happened outside the mentioned geographical area, the claim can be denied by the insurer.
  • The claim can be denied if the insured two-wheeler was used for the execution of any illegal activity.
  • If the Inspector finds out during the assessment that the accident occurred by the rider's carelessness, then the claim will be rejected.
  • If the insurance holder repairs the insured bike without intimating the insurer regarding the accident, the claim will not be validated.
  • The claim will not be considered if the rider didn’t have a valid license during the accident.

New India Assurance No-Claim Bonus

A bike insurance NCB or no-claim bonus is an advantage to the insurance holder at the time of claim. If the policyholder doesn't have any claim record during the one-year tenure, a special discount is offered at the time of the insurance renewal. This discount is reflected in the premium amount of the following year’s policy. It is awarded to the policyholder for driving safely and it can add up to 50% with each claim-free year.

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New India Assurance Bike Insurance Claim Reviews & Ratings

4.8 / 5 (Based on 50 Reviews)
(Showing Newest 25 reviews)
Akshat
Faridabad, October 09, 2021
Instant updates
From day one, i always gets prompt updates of everything. i bought new india assurance plan for my bike last year and till now i receive the same service from policybazaar which i used to get earlier. i am happy with my decision to take the plan from here.
Amrutanshi
Meerut, October 09, 2021
Attractive facilities
Thanks to Policybazaar for providing me attractive facilities in my budget. i found a suitable deal for my bike. After going through many plans I bought New India Assurance Two Wheeler Insurance from Policybazaar and got amazing benefits under the same.
Ankit
Rajkot, October 09, 2021
Add on cover
I took new india assurance two wheeler plan from Policybazaar. Everything was quite easy whether it was the purchase process or payment or customizing the plan. With the help of add on cover feature, I made my plan even more better.
Ankur
Kalyan Dombivli, October 09, 2021
Suitable plan
Policybazaar took good care of my needs. the team Suggested me bike plans according to my budget. I found everything very easy, be it the renewal process or the purchase process. I took New India Assurance Bike Plan which was suitable according to my pocket.
Anshika
Vasai Virar, October 09, 2021
Faster claim settlement
Last month my bike got damaged, with the help of my New India Assurance two wheeler plan, I got cashless repairing. i got faster claim settlement through the policy Bazaar. Policy bazaar offers great deals to their customers. Highly recommended.
Apoorva
Varanasi, October 09, 2021
Easy to compare
While searching on Google, when I went to the website of the policy bazaar, I saw a lot of plans according to my needs. I wanted to insured my two wheeler and i got new india assurance two wheeler plan here.
Shivani
Ranchi, August 18, 2021
good benefits
I bought a New india assurance two wheeler policy from policy bazaar. It will give you a third party coverage. you do not need to pay extra charges to buy a policy and i just bought it online within a minute. They will give you 24x7 service.
Shreelakshmi
Faridabad, August 18, 2021
add on covers
i recently bought New India assurance plan for my two wheeler through policy bazaar. i added some extra features under my plan and i got some extra premium like accessories coverage
Shrestha
Meerut, August 18, 2021
budget friendly
i got my best two wheeler plan from the website of policy bazaar. i am happy that i got best plan under my budget. when i visited to their website they have a lot options out of which i chose New India assurance two wheeler plan.
Kapil
Lucknow, June 04, 2021
Best plan
I recently bought a new bike and was looking for some good insurance company. While going through New India two wheeler insurance plan on policybazaar, I knew I can trust my bikes safety with them. They have one of the best benefits that help us ride worry-free anywhere in the country.
Navneet
Kanpur, June 04, 2021
Easy online purchase
I bought my motorbike last year. For its insurance, I contacted policybazaar for New India two wheeler cover for their benefits. I bought the policy online on policybazaar and the process was quick and easy.
Prakhar
Gonda, June 04, 2021
Get double benefits
New India two wheeler insurance covers me and third party for accidents and other unplanned events. I bought it through Policybazaar, which also offered online buying benefits. I recommend this policy for all your bikes and scooters.
Dhakshan
Habra, February 15, 2021
Pleased
I bought New India Assurance two-wheeler policy from Policybazaar. I am so happy with their website experience and overall experience. You can reach out to them on call or email anytime. Thank you!
Siddhant
Babhleshwar, February 15, 2021
Online Comparison
It is so easy to compare two-wheeler insurance quotes online and find the best one with add-on covers. I bought New India Assurance two wheeler insurance for my Yamaha bike. I just went online, searched for bike insurance comparisons and bought an affordable bike insurance policy online.
Saiyam
N.paravur, February 15, 2021
Best Claim
My bike got damaged in an accident. I called Policybazaar’s two-wheeler insurance claim team. I got compensation for my bike damage. Thank you guys for good claim support! You helped me a lot.
Anmol
Gadag, January 22, 2021
Affordable Add-on Cover
I was looking for add-on covers like accessories cover, co-passengers cover, and personal accident cover. It was Policybazaar that helped me get these add-ons at a nominal premium that too fuss-free. I was able to compare different add-on benefits in an affordable manner.
Ekbal
East Godavari, January 22, 2021
Trusted Theft Claim
My Yamaha bike got stolen from my office. I immediately registered claim with Policybazaar. With minimal paperwork I was able to get my theft claim. Thank you New India Assurance and Policybazaar for such prompt service.
Chandresh
Odagoan, January 22, 2021
2-wheeler Renewal
I renewed my two-wheeler policy online just by entering my customer ID, policy number, and insurance quote number. Thank you Policybazaar I am very happy with New India Assurance Two-wheeler Insurance policy.
Sukrit
Vadali, October 01, 2020
Low premium rates
I found the two wheeler insurance policy from the policybazaar best and convenient as it came under my budget. The premium rate of the policy is much lower and under my budget. I am thankful to New India assurance for giving me best plans. It is safe and secured.
Sunirmal
East Midnapore, September 30, 2020
Documents with online facilities
I have made the documentation work online and submitted in an online way via whatsapp and email. It is easy and no need to go anywhere. The whole customer care team of the New India assurance are priceless and understanding. Thanks to team for such better assistance.
Shivlal
Dabugam, September 28, 2020
Benefits and add on covers
I have recently got the new India assurance two-wheeler insurance policy. I got the amazing benefits such as zero depreciation, no claim bonus and the personal accident coverage with minimum premium rates. I found It valuable plan for me and my two-wheeler. Thanks team.
Pranet
N.paravur, September 23, 2020
A great and apt plan
I have recently got my two wheeler insurance policy from the New India assurance. I found it apt and useful at the time of claim. My claim was settled in time and I connected with them over the call for the same. Need not to go anywhere. Great work team New India assurance.
Panduranga
N.paravur, September 21, 2020
Compare two wheeler plans
When I was planning to get the two wheeler insurance policy I checked into the website of the new India assurance. It is really amazing as I can easily compare all sorts of plans for my two- wheeler. Thanks to whole team.
Porter
Yavatmal, September 18, 2020
No claim bonus services
I have recently got my no claim bonus certificate from the new India assurance company. It is a kind of certification which is given at the time of when you don’t file for the claim. The work is easily done. And I really don’t have to repeat my words. The whole team is very helpful in nature. Thanks a lot team New India assurance.
Atanu
Habra, September 14, 2020
Good option for two wheeler
I have taken the two wheeler insurance policy from the new India assurance company. It is one of the best plans for my two wheeler and it eventually gave me best options for the safety and security of my two wheeler insurance policy. Thank you so much team New India assurance.