Car insurance is obligatory as per the Motor Vehicles Act, 1988. Therefore, every motor vehicle on the street must make sure that they are covered with the best car insurance policy in India. Car insurance policy from New India Assurance Company, the largest general insurance company of India, provides you with comprehensive protection against any unforeseen incident such as an accident.
New India car insurance online makes sure you are always protected against any third party legal liability in the event of an accident as well as against the damages or losses to your own vehicle. New India car insurance renewal online ensures the continuity of your coverage. These policies can be purchased or renewed online by simply visiting the official website of New India Assurance Company.
New India Car Insurance Coverage Options
➡ There are mainly two types of vehicle insurance plans on offer from the New India Assurance Company: Third Party Legal Liability Insurance and Package Policy or Comprehensive Motor Insurance. Third Party policy covers the claim arising out of any third party in the event of an accidental damage, loss, injury, death or property damage. This cover is mandated by law for all motor vehicle plying on the road. ·
➡ The package policy is an optional cover, however, it’s undoubtedly the best yet compact car insurance plan that you must opt for. The motor insurance package policy covers the third party legal liabilities as well as the own damage to your vehicle and your own injury.
Liability Only Policy Coverage
The liability only motor insurance policy covers the vehicle owner's legal liability claims to pay compensation for the followings:·
➡ Bodily injury or death of a third party person in the event of an accident.
➡ Damage to any third party property.
➡ Liability is covered for an unlimited amount with regard to the injury or death and damage to third party property for a sum of Rs.7.5 lacs underthe Commercial vehicle and private cars.
Package Policy Coverage
The policy covers both third party legal liability as well as the own damage in the event of an accident. The package policy from New India motor insurance online covers the following:
➡Damage to your vehicle due to self-ignition, fire, lightning, explosion.
➡Housebreaking, burglary, theft.
➡Strike and riot.
➡Malicious Act
➡Terrorist Act
➡Earthquake (Fire and Shock) Damage.
➡Inundation, Flood, Typhoon, Hailstorm, Hurricane, Cyclone, Storm and Tempest
➡Accidental external means.
➡Any loss or damage to the vehicle while it’s in transit via inland waterway, road, lift, rail, elevator or air.
➡Damage from landslide/Rockslide
Add on Covers
You can, however, extended the New India car insurance online policy to cover the following risks on the payment of additional premium:
➡Add-on cover for the damage or loss to accessories fitted in the vehicle like fans, air-conditioners, stereos etc.
➡Personal accident cover under new India private car insurance policies for Paid driver and Passengers
➡Legal liability to employees
➡Add-on cover to take care of the legal liability for non-fare paying passengers in commercial vehicles.
Here are few Links
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