What Is Covered and Not Covered Under National Car Insurance Policy?

National car insurance renewal brings you a plethora of unique benefits in terms of coverage. Third-party motor insurance is mandatory as per government rule. As of now, the third party insurance for four-wheeled vehicles has been made compulsory for long-term 3-years. Therefore, you must make sure you have third party car insurance before you drive it in the road. Furthermore, the National car insurance online policies are specifically designed to make sure that you are protected against any unforeseen circumstance such as an accident. Apart from the basic third party and comprehensive plans, national car insurance policy also offers a number of effective add-on covers for a range of commercial and private cars. All the policies from the National Insurance Company Limited stand poles apart from what other insurance companies in India have to offer. Now let’s have a quick look at what the car insurance policies from the National Insurance Company cover.
Car Insurance
Get The Best Car Insurance.

  • Liability Only cover
National car Insurance liability only cover protects you against any legal liability in the event of an accident involving your four wheeler vehicles. It is mandated by the Government of India to have third-party insurance for all motor vehicles piling on road, having liability only cover is a legal requirement that is to be met at any cost. It should be mentioned that the liability only cover will not safeguard your own vehicle when faced with any damages. The third party car insurance policy covers the following risks only.
  • Injury or Death of Third Party
  • Third Party Property Damage ( Third Party Property Damage upto Rs. 7.5 Lacs)
  • Package Cover
The Package policy for cars from National Insurance Company is basically what is known as comprehensive coverage that covers all liabilities and damages including the damages to your own vehicle as well. This comprehensive motor insurance policy offered by National Insurance Company covers both the third party and the loss/damages to one's own vehicle, co-passengers or self. The comprehensive National Car Insurance policies cover Own Damage in the following circumstances only:

  • Any accident suffered or incurred by External Means, Explosion, Fire, Lightning and Self Ignition
  • Any damage to your vehicle whilst it’s in Transit by Rail, Road, Air, Lift, Inland Waterway
  • House breaking, Burglary, Theft
  • Covers damages from man-made calamities such as Riots, Terrorist activities, Strikes or Malicious Acts

Comments

Post a Comment

Popular posts from this blog

Easy Steps to Buy the Best Car Insurance Online

Image
Car insurance has been made compulsory by Motor Vehicles Act. There is a plenty of car insurance companies available in India to cater to the increasing demand for car insurance plans. So, you have to know the right steps to find out the best car insurance online. Choose the Right Coverage All car insurance plans come with both third party liability and comprehensive coverage. A car insurance online policy with liability coverage is mandatory so you have no choice but to go for it. A comprehensive car insurance policy is optional but it offers protection to the insured vehicles. So, you should opt for it as it is the best car insurance policy online . Avail Additional Coverage Carefully Best car insurance plans come with a range of add-on covers. You can avail personal accident coverage for pillion riders and protect the accessories of your car by paying additional premium on your car insurance renewal. Armed with these additional protections, you can keep y...
Read more

Do’s & Don’ts for Car Insurance If You are a College Student

Image
As per law, if you have a car and driving on Indian roads, you have to opt for at least a third party car insurance policy . Armed with an effective car insurance policy, you can enjoy your drive in a worry-free way even if you are the most experienced drivers. In case you are a college student and new in driving and you’re in complete perplexity on how to go about purchasing a car insurance policy. This article is especially dedicated for young, energetic and new age drivers about what they should do or don’t while purchasing a car insurance policy. Do’s While Buying a Car Insurance Policy           First you have to draw a comparison with regards to plans, features, benefits, premiums offered by different car insurers and then purchase online.           While choosing any car insurance policy , you have to evaluate the add-on covers. Additional covers of motor insurance comprehensive policy enhance the policy covera...
Read more

Which is the Best Car Insurance Plan?

Image
Car insurance is a must for every motor vehicle owners in India. However, most of the motor vehicle owners only go for the compulsory third party car insurance since it is mandated by law. They generally want to save more on premium although they also compromise their protection and coverage. There are basically two types of car insurance plans to choose from: Third Party Liability Only Plan Comprehensive Car Insurance Plan Apart from these two, you also go for a bunch of add-on covers available to strengthen your protection. You will have to pay extra to avail the benefits offered by these add-on covers. The third party car insurancepolicy have been specifically designed to save a vehicle owners steer clear of legal liabilities in case of an accident causing death, injury or property damage to a third party. It should be kept it mind that the third party motor insurance plan will not compensate against the damages of your own car. Third party car insur...
Read more