Why to Choose Motor Insurance Policy from National Insurance Company Limited?


National Insurance Company Limited (NICL) is a general insurance company that is the oldest in India. It is one of the four largest general insurance companies operated by the Government of India. National Insurance Company established in the year 1906 and the company was later nationalized in the year 1972.
NIC offers plethora of effective and useful general insurance solutions to their customers. All the products from National Insurance Company are developed with extreme perception keeping in mind of the requirements of policy buyers. Motor Insurance is one of the most popular products offered by NICL. National car insurance offers far-reaching coverage and additional benefits as well. The company offer motor insurance for both private and commercial vehicles at affordable prices.
As per Motor Vehicles Act 1988, all the owners of motor vehicles must necessarily opt for third party motor insurance. With the comprehensive motor insurance plan from National Insurance Company you are offered third party cover as well as own damage cover in case of an accident. The company offers their products online. You can easily buy or renew your car insurance from National Insurance Company Limited through the company website. Find out the reasons as to why you should go for motor insurance policy from National Insurance Company Limited.

National Motor Insurance Coverage

There are two types of motor insurance covers available with National Insurance Company: Liability Only Cover and Package Cover. In terms of the coverage type you choose to buy you will be receiving the coverage. It should be noted that the third party liability only cover which mandatory by law covers the damages or losses to a third party only. It won’t cover any own damage to you or your vehicle. But the package policy covers both third party legal liability as well as own damage. Package policy is not mandatory and costs a little higher. However, it’s advisable to go with the package motor insurance policy for a total protection.
The Liability Only Policy covers the following:
  • Covers injury or death of a third party in case of an accident which involved your vehicle
  • The policy covers third party property damage upto 7.5 Lacs
The Package Policy covers the following damages to your own car caused by:
  • Covers against natural calamities such as Flood, Earthquake, Landslide, Storm, Rockslide
  • Any damage caused to your vehicle from man-made calamities such as Riots, Terrorism, Malicious Acts and Strikes
  • Covers any accident by Explosion, External Means, Fire, Lightning and Self Ignition
  • House breaking, Burglary, Theft etc.
  • Any damage to your vehicle while it’s in Transit by Rail, Road, Air, Lift, Inland Waterway etc.

Apart from the above mentioned coverage, you can, expand your motor insurance coverage with National Insurance Company Limited. By paying an additional premium, you can opt for some additional covers with National car insurance such as Nil Depreciation, Roadside Assistance etc. So, buy motor insurance policy from NICL now to avail the best coverage for your vehicle, be it a car or a two wheeler.

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