How to Renew New India Assurance Car Insurance Online?
Worried about your New India Assurance car insurance expiring? Well, you can ensure
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Why is the Timely Renewal of New India Assurance Car Insurance Important?
One of the primary reasons why timely renewal of New India Assurance car insurance is necessary is that it ensures there are no legal complications and your coverage is continued without gaps. Moreover, renewing your car insurance before it expires also helps in retaining the valuable No Claim Bonus (NCB) you have accumulated over time. Also, failing to renew your car insurance policy on time can increase the risk of policy lapse and require paperwork & inspection.
New India Assurance Car Insurance Plans
The New India Assurance Company offers two major types of car insurance for private cars. They are:
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New India Assurance Liability-only Policy
The New India Assurance liability-only policy offers coverage to the car owner from legal liabilities to a third party, such as third-party property damages and third-party injury/death due to a road accident by the insured car. The liability-only policy offers unlimited coverage for the bodily injury or death of a third party. For damage to third-party property, the coverage limit is up to Rs.7.5 lakh. It also offers personal accident cover for the owner-driver of the insured car.
However, it does not offer coverage for the insured car itself. Therefore, this policy is less expensive than a comprehensive plan. Moreover, a third-party cover is a mandatory cover under the motor laws of India.
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New India Assurance Package Policy
The comprehensive car insurance or the Package Policy offered by the New India Assurance Company is an optional but recommended plan as it offers extensive coverage to the car owner. The policy covers the policyholder from any loss or damage suffered by the insured's car during an accident, theft, calamities, etc. It also offers personal accident cover of Rs 15 lakh to the owner-driver of the insured car.
Additionally, this policy offers coverage against third-party liabilities, such as property damage, injury and death of the third party involving the insured car. This plan coverage can also be extended by purchasing add-ons on the payment of an additional premium.
Also Read: Comprehensive Vs Third Party Car Insurance
New India Assurance Car Insurance Premium Calculation
Before moving to the process of New India Assurance car insurance renewal online, you can calculate the insurance premium of your four-wheeler using a car insurance premium calculator. A New India Assurance car insurance premium calculator can help you calculate your policy premium based on your requirements and plan type. Here is how you can use the calculator:
- Log on to PolicyBazaar.com and go to the New India Assurance car insurance premium calculator
- Enter the car's make, model, fuel type and variant details
- Select the ex-showroom price of the car
- Select the car registration city
- Select the year of the car purchase
- Select whether you have made a claim previously
- Select the 'calculate premium' option.
Based on the details provided, you will receive the car's IDV (insured declared value) and the premium under the New India Assurance four-wheeler policy.
How to Renew New India Assurance Car Insurance Online?
You can renew car insurance from the official website of the New India Assurance Company or from Policybazaar.com. Here are both the procedures:
Through the New India Assurance Website
You can easily renew car insurance online through New India Assurance’s official website via the following method:
- Go to the official website of New India Assurance
- Click on the 'Renew Policy' option on the homepage.
- Enter your customer ID (mentioned in the policy document) and the old policy number.
- Click on ‘Proceed’ and the portal will fetch your policy details.
- View policy details and then save the quote to proceed.
- Complete the policy payment via your preferred payment mode.
- After payment, your renewed car policy will be issued within a few minutes.
Via Policybazaar
You can also renew New India Assurance car insurance through Policybazaar.com. These are the simple steps:
- Visit Policybazaar.com and go to 'Car Insurance'.
- Now enter your car number and click 'View Prices.'
- Provide your contact details like name, email and mobile number.
- Select the expiry date of your policy and whether you have previously made a claim or not.
- Select New India Assurance car insurance from the listed plans.
- Choose 'add-ons' you wish to add at an additional premium.
- Select No Claim Bonus (if applicable) of your existing policy and click 'Proceed.'
- Fill the proposal form and proceed towards Premium Payment.
- You can pay your policy premium via debit/credit cards, UPI, or netbanking.
- Upon successful payment, your New India Assurance car insurance policy will be renewed, which you will receive on your registered email.
Documents Needed for New India Assurance Car Insurance Renewal
No matter how you renew the New India Assurance car insurance policy, you must possess the necessary documents for seamless renewal. The documents required to renew New India Assurance car insurance are:
- Vehicle Registration Certificate
- ID proof
- Old policy document
- Address proof
- Passport sized photo
- NCB certificate (if any)
- PUC certificate
New India Assurance Car Insurance Online Renewal Benefits
Renewing your four-wheeler insurance policy from the New India Assurance Company can offer you the following benefits:
- No Claim Bonus discount of up to 50% on renewal of the car policy
- Large availability of network garages for cashless car repairs
- Free towing services from the place of car breakdown/accident to the workshop
- Availability of 24x7 emergency assistance services
Also Read: Why Online Car Insurance Renewal is the Best Option?
