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The New India Assurance Company Limited has two-wheeler insurance solutions to protect bike owners against third-party liabilities, accidents, theft, and vehicle damage. The insurer provides both Liability Only and Package bike insurance policies for scooters and motorcycles across India.
The New India Assurance Company Limited is one of India’s leading public sector general insurance companies, registered with IRDAI under Registration Number 190. The company also offers access to an extensive cashless garage network across India for hassle-free bike repairs and claims support.
Below are the features of New India Assurance Bike Insurance:
Third-Party Property Damage Cover: Covers property damage up to ₹1 lakh for scooters and motorcycles.
No Claim Bonus: Renewal discount ranging from 20% to 50% for claim-free years.
Personal Accident Cover: Includes owner-driver personal accident protection.
Comprehensive Coverage: Package Policy covers own bike damage along with third-party liabilities.
Accessory Protection: Optional cover for accessories like stereos and air-conditioners.
IDV-Based Claims: IDV depreciation starts from 5% for bikes under 6 months and goes up to 50% for bikes aged 4–5 years.
Constructive Total Loss Cover: Applicable if repair costs exceed 75% of the bike’s IDV.
Long-Term Policy Options: Available with long-term third-party and bundled insurance plans.
A comprehensive bike insurance plan that covers both third-party liabilities and own damage caused by accidents, theft, fire, natural calamities, and man-made risks.
Covers legal liabilities arising from third-party injury, death, or property damage caused by the insured two-wheeler.
Provides long-term third-party liability protection for up to 3 years, helping avoid annual renewals.
Offers mandatory long-term third-party insurance coverage for five years for newly purchased bikes.
Combines own damage and third-party coverage under a long-term policy with 2-year or 3-year protection.
A bundled policy offering comprehensive own damage cover along with long-term third-party insurance for newly bought two-wheelers.
Apart from the common add-ons, here are the different riders provided by New India Bike Insurance:
Electrical Accessories Cover: Covers additional electrical fittings such as music systems, horns, and other accessories installed in the bike against insured damages.
Non-Electrical Accessories Cover: Provides protection for externally fitted non-electrical accessories that are not included under the standard bike insurance policy.
Personal Accident Cover for Passengers: Offers financial compensation to pillion riders in case of accidental injury, disability, or death during travel.
Personal Accident Cover for Paid Driver: Extends accident protection benefits to employed or paid riders authorised to use the insured two-wheeler.
Legal Liability to Employees Cover: Covers legal liabilities arising due to injury or death of employees associated with the insured vehicle.
Legal Liability for Non-Fare Paying Passengers: Provides liability protection for passengers travelling in commercial two-wheelers without fare payment.
Below are the simple steps to buy New India Assurance bike insurance online with suitable coverage, add-ons, and instant policy issuance.
1. Visit Coverfox: Go to the Coverfox bike insurance section and enter your bike registration number or vehicle details.
2. Compare New India Assurance Plans: Check available New India Assurance bike insurance plans, coverage benefits, premiums, and policy features online.
3. Choose Policy Type: Select the required policy, such as Third-Party, Comprehensive, or Long-Term Bike Insurance, based on your needs.
4. Add Required Covers: Customise your policy with available add-ons and personal accident covers for enhanced protection.
5. Enter Previous Policy Details: If renewing an existing policy, provide your previous insurer and expiry date details.
6. Make Online Payment: Complete the premium payment securely through the online payment options available on Coverfox.
7. Receive Policy Instantly: The New India Assurance bike insurance policy document is instantly shared via email after successful payment.
Here are some key reasons to choose New India Assurance two wheeler insurance for reliable coverage, flexible plans, and long-term protection benefits.
Trusted public sector general insurance company with IRDAI Registration Number 190.
Offers Third-Party, Comprehensive, Long-Term, and Bundled bike insurance plans.
Get renewal discounts ranging from 20% to 50% for claim-free years.
Provides long-term third-party insurance plans for up to 5 years.
Additional covers available for accessories, passengers, and legal liabilities.
Claim settlements are based on standard IDV depreciation guidelines.
Head Office Address: #87, M.G. Road, Fort, Mumbai – 400001
Customer Care Number: 1800-209-1415
Senior Citizen Helpline: 1800-209-1415
Email Support: tech.support@newindia.co.in
Office Locator: Customers can locate nearby New India Assurance offices through the official website.
Customer Support Assistance: Policyholders can contact the insurer for policy purchase, renewal, claim assistance, and grievance support.
New India Assurance bike insurance is a two-wheeler insurance policy offered by The New India Assurance Company Limited that provides financial protection against third-party liabilities, accidents, theft, and damage to insured bikes.
The insurer offers Third-Party Liability Policy, Comprehensive Package Policy, Long-Term Third-Party Policy, Long-Term Package Policy, and Bundled Bike Insurance plans.
A comprehensive policy covers third-party liabilities along with own damage caused by accidents, theft, fire, natural calamities, and man-made disasters.
Yes, third-party bike insurance is mandatory in India under the Motor Vehicles Act for all two-wheelers.
IDV is the current market value of the insured bike, calculated after depreciation and is used for claim settlements in total loss or theft cases.
The premium depends on factors such as IDV, bike age, cubic capacity, geographical zone, add-on covers, and claim history.
Yes, New India Assurance offers No Claim Bonus discounts ranging from 20% to 50% for claim-free policy years.
Yes, add-on covers are available for accessories, passengers, paid drivers, and legal liabilities on payment of an additional premium.
Yes, New India Assurance bike insurance can be renewed online through the insurer’s website or insurance platforms like Coverfox Bike Insurance.
The insurer mainly offers No Claim Bonus discounts from 20% to 50% based on the number of consecutive claim-free years.
