The New India Assurance Co. Ltd

The New India Assurance Co. Ltd is one of the most renowned auto insurers in India. With a simple set of rules, and widespread coverage, The New India Assurance Co. Ltd has become very popular with vehicle owners. Automobileindia.com furnishes detailed information on The New India Assurance Co. Ltd. Motor policy of The New India Assurance Co. Ltd:

The New India Assurance Co. Ltd offers coverage for-

• Two wheelers like scooters and motorcycles
• Private cars
• Commercial vehicles
• All vehicles in show rooms and garages

Automobileindia.com furnishes detailed information on The New India Assurance Co. Ltd.

Auto insurance policy of The New India Assurance Co. Ltd:
Auto insurance policy of The New India Assurance Co. Ltd includes Package Policy and Liability only policy. Automobileindia.com furnishes detailed information on The New India Assurance Co. Ltd.

• Package policy under Liability only policy covers loss or damage to the vehicle that have been insured and also Personal Accident cover for Owner-driver.
• Liability only policy under Liability only policy covers third party liability for physical injury or death or property damage. It also includes Personal Accident cover for Owner-driver.
• The New India Assurance Co. Ltd also offers No- claim discounts on renewal of policy. This may range from 20% to 50%, and is dependent upon the vehicle type and the number of years for which no claim has been made by its owner.

Ways to Claim the New India Assurance Policy:

• In order to claim New India Assurance, the vehicle owner needs to inform the policy issuing office, so that a Claim Form can be issued immediately.
• Next, the Claim Form duly filled in and has to be submitted along with a copy of Registration Certificate and driving license of the driver of the vehicle at the time of accident. You also need to provide an estimate of repairs.
• After this, the vehicle needs to be surveyed by a Surveyor who shall submit his report to the company. If a major damage has been done to the vehicle, a spot survey is essential. The company can arrange for that at the site of accident.
• The vehicle owners need to submit duly signed final bills or cash memos.

In case the vehicle has been stolen, the insured needs to lodge an F.I.R. with the police and request for full cooperation to the surveyor appointed by the company. The vehicle owner also needs to get the Registration Certificate transferred in the name of the company, and submit a letter of Subrogation and Indemnity.