National Insurance Company Ltd. is the oldest general insurance company in India. It was established on 5th December 1906. The company is one of the oldest insurance players offering multiple insurance policies to fulfil the different needs of the customers. National Insurance is the first one to introduce product customization, especially for rural and corporate customers. With this new idea, it has gained a lot of visibility. It is also the first insurance company to enter an alliance with Hero MotoCorp & Maruti, among many others. The company has a PAN India presence along with a foreign office in Nepal. The company has around 2000 offices and more than 15000+ skilled employees serving at the pleasure of their customers. The company has a huge stockpile of policies such as car, travel, health and others at its disposal.
National Car Insurance is meant to provide protection to the private car owners against any own car damages and legal liabilities. Additionally, it also offers personal accident cover to provide financial assistance during any injuries caused due to an accident.
Kolkata, West Bengal
Number of Insurance Products
Rs.88.67 Billion (US$ 1.2 Billion)
**Last Updated on 05-11-2020
National Insurance Company Ltd. easily allows you to renew your car insurance plan online. Just keep a track of the policy's expiry date and carefully follow the below-listed steps for a successful renewal:
PolicyX.com helps to renew your car insurance policy quickly sitting at home. Follow the below-mentioned steps to renew your policy within 5 minutes:
With years of experience and loyalty to its existing customers, you can easily place your trust in this company. You won't be disappointed.
The company has a team of expert advisors who will be there to guide you from start to finish. These people are the stars of the company.
The company has an elite team of support staff who are always stocked and ready to offer 24*7 service to its customers.
Whether it is to buy a policy or file a claim, it's a journey that will always be easy & unproblematic.
The company understands the need for cashless service. That's why it carries a wide range of cashless network garages under its radar.
The company has achieved one of the highest Incurred Claim Ratio among all car insurers of India, i.e. 127.50% for the financial year 2018-19.
Well, when it comes to car insurance plans, it is always advisable to calculate the premium for the policy in advance. You can do the same by using PolicyX.com's car insurance premium calculator that uses parameters such as make and model, engine capacity, the area of registration, date of registration, etc. as input. It offers an estimate of the premium in the form of a quote. If you are fine with the quote, then you can proceed with the purchase of the policy.
The following table shows IDV, Zero Depreciation and Premium calculation for variants of different car models as per the registration year 2020:
Price of the Car
Maruti ALTO 800 LXI (796 cc)
Maruti Baleno Alpha 1.2 (1197 cc)
TATA Altroz XE Petrol (1199 cc)
Honda Amaze 1.2 E Manual Transmission Petrol (1198 cc)
Table Data updated on 05-11-2020
**The values are calculated on the basis of (Delhi) city.
National Insurance Company offers the following NCB discounts on making no claims for your insured car throughout the year which keeps on increasing every year:
Number of Claim-free Years
Table Data updated on 05-11-2020
Steps Required For Filing A Claim
In case your insured car is involved in a situation that qualifies for a claim, you have to follow the below-mentioned steps:
Step 1: You must inform the company/insurer immediately by calling on the toll-free number 1800-4200-269. The company will provide you with a registration number after filing the claim.
Step 2: The insurance company will send a surveyor to assess the loss and examine the extent of damages caused to the insured car.
Step 3: You will be required to submit necessary documents for a successful inspection to the surveyor.
Step 4: After receiving the documents, the surveyor will prepare a report and submit the same along with the documents provided by you to the insurance company as per norms of the policy.
Step 5: The insurance company will eventually go through the liabilities and communicate about the claim settlement to the car owner on completion of successful verification.
**Please note the insurer can ask for more documents in case of any doubts.
Generally, there are 3 types of situations for which people file for claims.
Every situation demands different documents and they are given below for your reference.
National Car Insurance Company
National Insurance Company, 3, Middleton Street, Prafulla Chandra Sen Sarani, Kolkata, West Bengal, 700071.
Telephone: 22831705, 18002007710 (toll-free)
Email: nic[dot]motor[at]nic[dot]co[dot]in (Any car insurance-related issues or complaints)
customer[dot]relations[at]nic[dot]co[dot]in (For Unresolved Grievances)
Faf[at]nic[dot]co[dot]in (To report frauds)
Website[dot]Adminstrator[at]nic[dot]co[dot]in (For any other queries)
PolicyX.Com Insurance Web Aggregator Private Limited, 1st Floor, Landmark Tower, Plot no-2, Southcity-1, Opposite C-113, Ashok Marg, Sector-41, Gurugram - Haryana - 122001 India.
Email: email@example.com (For assistance & complaints)
firstname.lastname@example.org (For any Sales query)
Toll-Free Number: 1800-4200-269
The different types of National Car Insurance are as follows:
Yes, National Insurance company offers personal accident cover to the passengers also where the number of passengers should be equivalent to the permissible maximum occupancy present in the car.
National Car Insurance will provide coverage up to Rs. 7.5 lakhs on third-party property damage and other liabilities.
Yes, National Car Insurance covers damages caused due to transiting vehicles via inland waterways, airways, roadways and even railways.
No, National Car Insurance will not provide any coverage for electrical and mechanical breakdown of my car due to any reason.
Yes, discounts will be offered by National Car Insurance on opting for higher voluntary excess that depends on the damage caused and the minimum amount chosen to pay during the claim procedure.
Yes, National Car Insurance offers concessions for specially designed cars used by physically challenged people such as handicapped, blind, etc. including mentally challenged individuals.
No, National Car Insurance does not provide insurance to racing cars.
You can minimize your premiums for National Car Insurance policy in two ways as follows:
Last updated on 05-11-2020