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Top New India Bike Insurance Plans

PLAN TYPE: Comprehensive
Starting From 714
PLAN TYPE: Third Party
Starting From 714
PLAN TYPE: Own Damage
Starting From 108

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Disclaimer: Actual Premium might vary basis your location, age and number of members

New India Bike Insurance Claim

New India Assurance General Insurance has gained popularity for its seamless claim settlement ratio of 89.60% in the financial year 2019-2020. It has successfully developed a hassle-free claim settlement procedure through digitalization.

New India Assurance has both online and offline procedures for settling claims of its policyholders. Active customer assistance is provided to assist the policyholders at any hour of the day. The claim settlement procedures have been elaborately discussed below.

List of Documents Required During Claim Settlement

Following documents are required at the time of settling a bike insurance claim.

  • Duly filled and signed claim form
  • Self-attested copy of Registration Certificate (RC)
  • Driving license of the person driving at the time of the accident
  • Policy copy
  • Original repair estimate, repair invoice and payment receipt for non-cashless claims
  • Original repair invoice for cashless claims.

How to Make New India Cashless Bike Insurance Claim?

New India Assurance General Insurance has formulated simple steps to settle the claims of the policyholders:

Step 1: Contact the insurer

You should notify the claim team of New India Assurance General Insurance immediately after the accident, damage or theft of the insured’s bike. You can get in touch with the insurer by dialling its toll-free number 1800-209-1415 or by visiting the nearest office. You can even opt for online “claim intimation” through its official website.

Step 2: Register Claim

A claim assistant of the insurance company contacts you after the intimation and issues a claim form. The policyholder should provide the following details to the claim assistant.

  • The policy number
  • Date, time and location of the incident, accident or theft
  • The present location of the insured’s bike and all other related details.

The claim assistant provides the policyholder with a claim registration number which is to be saved for future reference. The policyholder should collect or download the claim form at this point.

Step 3: Survey of Damages

A company surveyor is appointed to assess the extent of the damages caused to the bike during the accident. The surveyor visits the site for verification. In the case of third party property damage, the policyholder should provide its vehicle registration number. One can provide contact details of witnesses as proof. The surveyor estimates the cost of repair and collects the duly filled claim form, policy documents and proves of the incident.

Step 4: Claim Settlement

After the final verification of the surveyor, the insurance company confirms its liabilities. The insured’s bike can be moved to the nearest network garage. If the bike is in immovable condition, the insurer provides a towing charge up to Rs. 300 to move the bike from the accident site to the network garage. After the repair, the insurer pays off the expenses of repair of the insured’s bike to the garage. The claim amount is calculated factorizing the depreciation and deductibles.

How To Make New India Reimbursement Bike Insurance Claim?

The policyholder can register a reimbursement claim if he cannot find a network garage nearby or wish to repair it in any other garage. A reimbursement claim ensures compensation for the repair expenses. The reimbursement claim procedure has been discussed below:

Step 1: Contact New India Assurance General Insurance

You should notify the claim team of New India Assurance General Insurance within 24 hours of the accident, damage or theft of the insured’s bike. You can contact the insurer by dialling its toll-free number 1800-209-1415 or by visiting the nearest office.

Step 2: Register A Claim

The claim assistant calls you back after the intimation. You have to inform the executive about the policy number and details about the accident. You receive a unique claim reference number from the claim assistant.

Step 3: Survey of the Damages Incurred

A surveyor is sent by the insurer to check the condition of the bike before it is sent for repairs. The surveyor prepares an estimate of the cost of repair. The policyholder has to submit the documents, duly filled claim form and the proves to the surveyor.

Step 4: Repair and Reimbursement

After the approval from the surveyor, the policyholder can send the bike to his desired garage. Submit the bills and receipts of repair along with policy documents to the insurer to receive the reimbursement. The company checks the details and finally disburses the claim amount taking into account all the deductibles and depreciation.

Common New India Bike Insurance Claim Rejection Reasons

New India Assurance General Insurance has a set of specific conditions for the approval of the claim. The claim is rejected by the insurance company under the following circumstances:

  • Registration of a fraud Claim
  • Claiming wrong coverage amount
  • Misinterpretation of facts
  • Improper functioning of the vehicle parts
  • Driving without license
  • Intoxication
  • Lack of details required to process the claim
  • Delay in intimation about the mishap to the insurer
  • Act of negligence

New India No Claim Bonus

When you purchase an own-damage cover from New India for your two-wheeler you become eligible to receive the No Claim Bonus. The NCB is a reward that is given by the insurance provider for a claim-free year. The reward is cumulative in nature and goes up to 50 per cent in the fifth consecutive year. Keep in mind, any claim you make no matter how minor will disable the No Claim Bonus. Therefore, it is advised that every policyholder refrain from filing a claim unless the damage caused due to the mishap is significant.

Moreover, it is also advised that the policyholder maintain timely renewal of the insurance policy to ensure the accumulated NCB remains intact. If the policyholder fails to do so the NCB will be lost. To avoid such situations, insurance companies offer a grace period of 90 days after the expiry date. Any delays after this date, however, leads to the cancellation of the insurance policy and the NCB with it. A benefit of the NCB is if you choose to transfer to a different insurance provider or sell your two-wheeler to purchase another one the NCB will be transferred. This is because the reward is given to the policyholder for safe driving and hence, is not attached to any particular two-wheeler.

Must Read Articles before buying New India Bike Insurance

New India Bike Insurance User Reviews

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What users are saying
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  • Effortless Claims Settlement

    I had to make a claim for the New India Bike Insurance Policy after my Bajaj bike was damaged. The claims settlement process was incredibly efficient and hassle-free. InsuranceDekho ensured I got back on the road quickly.

    S
    By Subhash Chaudhary
    On: November 22, 2023
  • Ideal for Exploring Policy Opt...

    The premium calculator on InsuranceDekho is ideal for exploring different policy options. With the New India Bike Insurance Policy, I was able to experiment with various coverage levels for my Bajaj bike to find the right balance between protection and cost.

    By Akash Dholakia
    On: November 16, 2023
  • All-in-One Protection at Its B...

    InsuranceDekho's comprehensive coverage is like an all-in-one package for bike protection. The New India Bike Insurance Policy covers everything from accidents to natural disasters, making it the best choice for my Kawasaki bike.

    By Suresh Dahia
    On: October 30, 2023
  • All-in-One Protection with Ins...

    InsuranceDekho's Comprehensive Car Insurance is an all-in-one protection package. The New India Bike Insurance Policy is a one-stop solution for all my Triumph bike’s insurance needs, offering coverage for every scenario.

    M
    By Mayank Gupta
    On: October 18, 2023
  • Responsible Driving Encouragem...

    I recently bought the New India Bike Insurance Policy from InsuranceDekho's third-party and the coverage encourages responsible driving by ensuring that my Yamaha bike have good coverage, promoting safer roads.

    P
    By Pankaj Kumar
    On: October 16, 2023
  • Trustworthy and Reliable Cover...

    I recently updated my New India Bike Insurance Policy and added InsuranceDekho's own damage coverage to my Jawa bike. T]It is completely trustworthy and reliable. I feel secure knowing I have them as my insurance provider.

    M
    By Mihir Manral
    On: September 27, 2023
  • Affordable Renewal Options

    I found the renewal options from InsuranceDekho to be affordable without compromising on coverage for the New India Bike Insurance Policy. They make it easy to renew without breaking the bank. I'm happy with the value they provide for my Kawasaki bike.

    A
    By Abhijeet Toor
    On: September 25, 2023
  • Top-Notch Service During Claim...

    I want to express my gratitude to InsuranceDekho for their top-notch service during my claim for the New India Bike Insurance Policy. They went above and beyond to assist me with my Yamaha bike.

    M
    By Manu Kalra
    On: September 21, 2023
  • Prompt Renewal Reminders

    InsuranceDekho sends timely renewal reminders, making it easy to keep my New India Bike Insurance Policy’s third-party coverage up to date for my Jawa bike. It's a helpful service.

    S
    By Shirish Kota
    On: September 14, 2023
  • Helpful Tool for Budget Planni...

    I was looking for a good policy for my Kawasaki bike and InsuranceDekho's premium calculator came out to be a helpful tool for budget planning for the New India Bike Insurance Policy. It allowed me to see how different factors affect my premium.

    T
    By Taposh Rabeya
    On: September 12, 2023
  • Transparent Policy Terms

    Transparency is crucial when it comes to insurance, and InsuranceDekho delivers. Their own damage policy with the New India Bike Insurance Policy terms are clear and easy to understand. Happy and satisfied to have taken this plan for my Bajaj bike.

    S
    By Sagar Bhatt
    On: September 8, 2023
  • Empathetic Approach

    Dealing with accidents can be emotionally taxing, but InsuranceDekho's empathetic approach during claims of my New India Bike Insurance Policy for my Kawasaki bike has made the process more manageable.

    S
    By Shanu Bhaskar
    On: September 4, 2023
  • Simple and Straightforward

    Opting for a Third-Party Car Policy through InsuranceDekho is simple and straightforward. The New India Bike Insurance Policy covers third-party liabilities for my Vespa bike, making it easy for me to drive legally.

    R
    By Roshan Kiran
    On: August 28, 2023
  • Trustworthy and Reliable Servi...

    I trust InsuranceDekho's cashless garages for their reliability and efficiency. The New India Bike Insurance Policy has consistently delivered on its promises for my BMW bike.

    M
    By Manjeet Bhatia
    On: August 24, 2023
  • Trustworthy Insurance Partner ...

    InsuranceDekho has been my trusted insurance partner for my Kawasaki bike policy renewals. The New India Bike Insurance Policy's reliability and customer-oriented approach keep me coming back.

    S
    By Sohan Jasrotia
    On: August 22, 2023
  • Value for Money Service

    I bought the New India Bike Insurance Policy from InsuranceDekho. Its cashless garages offered value for money service for my Kawasaki. It's a great benefit to have when you need urgent car repairs without emptying your wallet.

    K
    By Kailash Gupta
    On: August 10, 2023
  • User-Friendly Renewal Interfac...

    The user interface for bike insurance renewal on InsuranceDekho's website was user-friendly and intuitive. I didn't encounter any issues while renewing my New India Bike Insurance Policy for my Ampere bike online.

    S
    By Suni Mohite
    On: August 8, 2023
  • Fair Valuation for Repairs

    InsuranceDekho's own damage policy provided fair valuation for the repairs needed after an accident for my Bajaj bike. I didn't have to worry about overpaying or getting subpar service because of the New India Bike Insurance Policy.

    N
    By Nitish Tyagi
    On: August 7, 2023
  • Fair Evaluation of Damages

    I appreciate InsuranceDekho's fair evaluation of the damages during my Vespa bike claim. They didn't try to cut corners, and I felt I received what I deserved in terms of compensation which was promised while buying the New India Bike Insurance Policy.

    R
    By Raghav Arora
    On: August 3, 2023
  • Prompt Claim Settlements

    InsuranceDekho excels in claim settlements for their third-party car insurance. The process for the New India Bike Insurance Policy claim for my Honda bike was done promptly and efficiently, ensuring a hassle-free experience. I am grateful for their commitment to customer satisfaction

    M
    By Mayank Sarangi
    On: July 28, 2023
  • Added Protection and Zero Worr...

    InsuranceDekho's zero depreciation cover provided me with added protection for my Vespa bike during an unfortunate accident. I am so glad that I bought the New India Bike Insurance Policy. Not only the premiums were within my budget, but the benefits outweighed the cost.

    S
    By Sehaj Kalra
    On: July 25, 2023
  • Easy Claim Process

    InsuranceDekho's cashless garages made the claim process for the New India Bike Insurance Policy incredibly easy. I just had to inform them, and they took care of the rest, ensuring a hassle-free experience for my Aprilia bike.

    By Sreenath Gobind
    On: July 21, 2023
  • Excellent Customer Support

    The customer support team at InsuranceDekho was always available to assist me during the renewal process for my New India Bike Insurance Policy for my BMW. Their professionalism and prompt response impressed me.

    N
    By Navin Shah
    On: July 19, 2023
  • Clear Policy Terms

    InsuranceDekho's own damage policy had clear and easy-to-understand terms. I knew exactly what was covered under the New India Bike Insurance Policy and the claim process for my Jawa bike, which made the whole experience transparent.

    S
    By Shakti Das
    On: July 18, 2023
  • Fair Evaluation and Transparen...

    InsuranceDekho's car insurance claim process was fair and transparent. The evaluation of my New India Bike Insurance Policy claim for my BMW was done accurately, and the settlement offered was reasonable. I appreciate their honesty and integrity throughout the process.

    By Kush Banerjee
    On: July 14, 2023
  • Helpful Tool for Budgeting

    InsuranceDekho's premium calculator is a helpful tool for budgeting. It allows me to adjust coverage parameters and instantly see how they affect the premium amount for my New India Bike Insurance Policy. This feature helps me find the right balance between coverage and affordability for my Mahindra bike.

    K
    By Kapil Verma
    On: July 12, 2023
  • Assistance with Legal Proceedi...

    InsuranceDekho provided valuable assistance with legal proceedings arising from third-party claims. Couldn’t be happier to have safeguarded my Suzuki bike with the New India Bike Insurance Policy. Their support team guided me through the necessary steps and documentation required, ensuring a smooth process.

    P
    By Pankaj Handa
    On: July 10, 2023
  • Competitive Premium Rates

    InsuranceDekho provided competitive premium rates for their comprehensive car insurance policy. I found their rates to be affordable without compromising on the coverage and benefits provided so I immediately bought the New India Bike Insurance Policy for my Mahindra bike. Definitely will recommend it to everyone.

    R
    By Rupesh Tyagi
    On: July 7, 2023
  • Prompt Assistance in Emergency...

    InsuranceDekho provides an amazing response in emergencies. They provided prompt assistance, arranging for towing services and guiding me through the necessary steps to file a claim for my New India Bike Insurance Policy for my KTM bike. The claims team was available round-the-clock, ensuring that I received the necessary support during the difficult situation. Their prompt assistance and support were invaluable.

    A
    By Anand Saxena
    On: July 5, 2023
  • Transparent Pricing

    I was very impressed with the transparency while renewing the New India Bike Insurance Policy for my Vespa. I knew exactly what I was paying for and there were no hidden fees. I would definitely recommend InsuranceDekho to others.

    D
    By Daksh Kamble
    On: June 29, 2023

New India Assurance Bike Insurance Claim FAQs

  • From where do I get the claim form of New India Assurance bike insurance policy?

    You can download the claim from the official website of New India Assurance General Insurance or opt to collect it from the claim assistant at the nearest office.

  • Do I need to make the payment to the garage in case of reimbursement claim?

    Yes, you need to make the expenses for the repair of the insured’s bike at the garage. A reimbursement claim is settled after the verification of original bills and receipts of the repair

  • What is the role of the surveyor in claim settlement?

    The surveyor, appointed by the insurance company, submits his report about the extent of damage to the insured’s bike and the estimated cost of its repair. In case of major damage, a surveyor may visit the spot of the accident, as arranged by the company. A claim is settled only after the approval of the surveyor.

  • In case of a claim due to theft of the insured’s bike, do I need to transfer the Certificate of Registration of the stolen bike?

    Yes, If you are looking for claim settlement due to the theft of the insured’s bike, you have to get the Registration Certificate transferred in the name of the company, hand over the keys of the vehicle, submit a letter of Subrogation and Indemnity on stamp paper duly notarized.

  • How can I get roadside assistance in case of any emergency?

    You can dial the toll-free number of New India Assurance General Insurance for roadside assistance in case of any emergency. Their toll-free number is 1800-209-1415.

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