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New India Assurance Comprehensive Bike Insurance Overview

This is the extension to the policy along with third-party liability where damages from accidents, fire, theft, burglary, riots, strike, housebreaking, terrorism, etc and natural disasters like flood, earthquake, storm, cyclones, tempest, etc are covered. The additional coverage includes:

  1. Invoice cover returns: If the two-wheeler gets lost, New India insurance provides safety towards financial loss and the insured gets the entire sum of the amount insured without any deductions
  2. Cover for consumables: New India insurance is the only company that provides coverage for ball bearings, nuts, etc.
  3. Zero-dep cover: New India bike insurance provides zero depreciation coverage for bike and bike parts are paid without any depreciation. All the replacements are covered under the policy
  4. Medical coverage: This policy also provides medical coverage and financial aid for injuries incurred due to accident and overcome the aftershocks of an accident
  5. Coverage for accessories: The New India two-wheeler insurance also provides coverage for fancy accessories of the insured bike. Recovery for damage to the extra installed accessories is also covered under the policy
  6. Accident cover driver/owner: A sum of Rs 1 lakh is paid under the policy cover to the driver/owner in case of permanent disability or to the beneficiary in case of death. 100% of the sum insured is compensated in case of death and loss of sight and loss of two limbs or one eye and one limb and for permanent disability. 50% is compensated for the loss of one limb and one sight

New India Assurance Claim Settlement Ratio

96%

New India Assurance

94.67%

Industry Average

Bike claim settlement ratio is the percentage of claims settled against the total claims received by the insurance company in a given fiscal year. New India Assurance has a claim settlement ratio of 96%, as compared to the industry average of 94.67%.

New India Assurance Premium Calculator

Use our New India Assurance bike insurance premium calculator to estimate New India Assurance bike insurance premium for your bike within 30 seconds

Add-ons Available Under New India Assurance Two Wheeler Insurance Plans

Add-ons are additional coverage benefits which can be chosen voluntarily by paying an additional premium. Add-ons help increase the scope of coverage of the bike insurance policy. New India Assurance two wheeler insurance plans offer the following types of add-ons with the comprehensive policy:

This Add-on feature covers the road tax to be paid in case the bike needs to be replaced.

New India Assurance provides for coverage on the depreciation of metal, fibre, plastic, rubber parts, etc. This cover is available up to the age of 5 years

The insurance gives protection against loss to the engine and other parts.

In case the insured suffers the loss of any personal belonging, this add-on cover provides coverage up to Rs 20,000 or a maximum of 20% of the sum assured.

The policy also reimburses towing charges above Rs 300 which is provided in the base plan.

How To Raise A Claim Under New India Assurance Comprehensive Bike Insurance

Most Important Steps to easily claim New India bike insurance plans

  1. You need to intimate your insurer
  2. Take appointment from the surveyor and take the vehicle to authorized garages of New India Assurance for repair or other cashless services of the vehicle.
  3. Try and opt for cashless services and options. If not, submit the original bills for reimbursements

Alternatively, you can also avail claim settlements through Turtlemint. If you bought your New India bike insurance policy through Turtlemint, you can inform Turtlemint and the company would then help you in getting your claims settled. Turtlemint has a claim handling team which handle the claims of their customers. You can get in touch with the company’s team of claim experts through their number 1800 266 0101 or post an email to the claim team at their ID claims@turtlemint.com. Once the team is informed of your bike insurance claim, they would take up the claim process on your behalf and coordinate with the insurance company to get the claims settled.

Documents Required For Claims

The claiming process for New India two-wheeler insurance is simple and generally takes a few steps to complete. For different claims, the process has been defined in steps below along with the documents required for the insurance claim.

  1. Accidental claims
    1. You need to contact New India Assurance at their toll-free number 18002091415
    2. File the claim form and duly sign and fill details
    3. Have a handy copy of the driving license, policy document, and RC book
    4. Copy of FIR if required
    5. Repair bill, original
    6. Invoice receipt if availed cashless service
    7. For reimbursement submit original invoice, receipt and estimated bill
  2. Theft Claim
    1. You need to contact New India Assurance at their toll-free number 18002091415
    2. File the claim form and duly sign and fill details
    3. Produce original keys, copy of RC book, policy document and driving license
    4. Copy of the FIR
    5. Signed form 28, 29, 30 and 35
    6. Confirmation from the police with ‘No trace report’ for the insured vehicle
    7. Surveyor will be appointed
    8. If the claim is approved, provide and transfer registration certificate, letter of subrogation and indemnity on notary stamp paper
  3. Third-party claim
    1. You need to contact New India Assurance at their toll-free number 18002091415 and intimate about the accident or incident because of the liability claim
    2. Inform about the court summons, if any
    3. File the claim form and duly sign and fill details
    4. Submit driving license, registration certificate and a copy of the FIR

New India Assurance Customer Care

Customer Care Number

How To Buy New India Assurance Comprehensive Bike Insurance

You can buy New India two wheeler insurance plans both online as well as offline. To buy New India Bike Insurance Plans offline, you need to look for a New India Assurance motor insurance advisor and buy the same from him. Alternatively, you can visit the company’s registered office that is near your home and buy the policy directly from there

The online mode of buying New India Bike Insurance plans is much simpler and way more convenient. In order to purchase the plan online you can choose the company’s website and buy the policy directly or you can buy through Turtlemint.

Turtlemint is an online website which allows you to choose the best bike insurance plan from the options available. The company has a tie up with New India Assurance and you can buy bike insurance plans online.

You can also compare New India two wheeler insurance policy with other leading two-wheeler insurance plans and then buy it. To buy online through Turtlemint, you can take the following simple steps

  1. Visit https://www.turtlemint.com/two-wheeler-insurance and provide the registration number of your bike
  2. You can also buy a policy without the registration number if you mention the place of registration and the purchase year
  3. Thereafter, you would have to provide the details of your bike which include the following
    1. The make and model
    2. Manufacturing year
    3. Fuel variant
    4. Bike variant
    5. Details of the last policy (if it is old)
    6. Type of last policy
    7. Claim history in the last policy
    8. Name of the last insurance company
  4. You can then view the available plans, their coverage benefits and corresponding premiums
  5. You can compare and choose the best bike insurance policy and buy it online right from the same page
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