New India Own Damage Car Insurance

A standalone own-damage car insurance policy provides coverage for own-damage costs in the event of a mishap. New India General Insurance’s own-damage car insurance provides protection for a wide range of situations including road accidents, theft, vandalism, fires, explosions, manmade and natural calamities. This type of car insurance unlike third-party insurance is not compulsory. However, it is advisable to purchase this cover because of the wide coverage it provides for the car.

Standalone Own-Damage Insurance V/S Third Party Insurance V/S Comprehensive Insurance

What is Covered Under New India Standalone Own-Damage Policy?

Following are the aspects covered by New India standalone own-damage car insurance:

• Accidents that occur on the road due to collisions.
• Damage caused to the car due to a fire, explosion, or case of vandalism.
• Theft of the car or cases of a total loss.
• Damage due to natural or manmade disasters such as cyclones.

What is Not Covered Under New India Standalone Own-Damage Policy?

Following are the aspects not covered by New India standalone own-damage car insurance:

• Breakdowns of the car occur due to some form of mechanical or electrical failures.
• Mishaps that involve illegal driving in some form.
• Depreciation of the car.
• Mishaps that occur outside the mentioned geographical limits.

Following are the benefits of purchasing a New India Standalone own-damage car insurance:

• It offers protection from a wide range of scenarios such as theft, accidents etc. But also gives the policyholder peace of mind, knowing that they will have financial stability in times of crisis.
• No Claim Bonus is offered with every own-damage cover as a reward for good driving every claim-free year. Additionally, the reward becomes incrementally higher every consecutive claim-free year reaching a maximum of 50% in the fifth year.
• Policyholders can also purchase add-on covers that provide enhanced coverage for the car.

How To Purchase New India Standalone Own-Damage Policy?

Following are the steps you can take to purchase a New India standalone own-damage car insurance policy:

Step 1: Visit the website InsuranceDekho and select ‘Car Insurance’ on the top left corner of the screen. A drop down menu will appear, select the ‘Standalone Own Damage’ option from it.

Step 2: Provide the car’s registration number. If you do not have the registration number there is an option to enter other details.

Step 3: Enter your personal details, i.e., your name and phone number and select the button ‘Submit and Get Quotes’.

Step 4: All the quotes for standalone own-damage insurance will be on your screen. Select the one offered by New India and choose any add-ons that you think would be suited to your needs.

Step 5: Pay for the select New India standalone own-damage car insurance and the policy document will be sent to your registered email ID.