Renew your New India Assurance car insurance on a regular basis to keep it up to date and in good shape. When you're shopping around for new car insurance coverage, check out any discounted rates or special benefits that come with it. We believe that renewing an existing policy can often be cheaper than buying a new one. Don't forget, some providers offer discounts for people who've been with them for a long time.
But it is not easy to find out whether your New India Assurance car insurance policy is still valid or not. To make it easier for you, you can log on to their website and check the status of your policy online by entering your policy number.
New India Assurance car insurance is a painless process to renew. Your insurer will send you a message via mail or email with your renewed rate. If you like the renewal quote, just make an initial payment or pay it off in full.
If you had bought New India Assurance car insurance from PolicyBachat do not worry renewing online can be done through a simple three step process on our website as per your convenience. Follow these simple steps to avail a policy within minutes:
- Fill in the required details and select a new policy or renew the policy
- Give the personal details; select the policy coverage and add-ons of your choice.
- You will get an instant car insurance premium quote. If you are satisfied with the quote, you can proceed to pay the premium online.
Why Renew New India Assurance Car Insurance is Important?
No one likes to go through the process of car insurance renewal. But, it is an important process that needs to be done. A lot of people are not aware of the importance of car insurance and they don’t know how to renew it. They usually wait for their policy to expire before they take action and buy a new policy.
It is better if you renew your car insurance before it expires so that you are not caught in a situation where you have no coverage on your vehicle and need to pay for expensive rates at the time of renewal.
- It won’t cover any claims or legal liability of losses or damages to your car
- Violation of motor laws
- Higher renewal premium
- Loss of No Claim Bonus.
New India Assurance Coverages:
New India Assurance provides various packages for new customers as well as existing customers for car insurance like easy renewal, and cashless services. You can also avail discounts on your premiums too. The New India General Insurance Company offers all types of car insurance policies namely third-party car insurance policies, standalone own-damage car insurance policies, liability-only car insurance policies, private car, as well as comprehensive car insurance policies.
With these policies, liability is covered for an unlimited amount in respect of death or injury and damage to third party property, and coverage is offered for loss or damage to the insured car and its accessories due to fire, explosion, self-ignition or lightning, burglary, housebreaking or theft, riot and strike, landslide, earthquake, flood, cyclone, and so on.
How Do I Know When To Renew New India Assurance Car Insurance?
It is important to renew your car insurance policy before 15 to 30 of its expiry date to avoid rejection of claims and the possibility of a higher premium.
In about a month, you'll get a notice from your New India Assurance car insurance company asking for new payment details. Make sure to go over them and make any required updates before the deadline.
If you are an existing customer of PolicyBachat they will intimate you about the renewal update date via call or email so that you can renew with us.
We should always renew our car insurance policy before the old one expires. This is because if we don't, we will have to pay a higher premium for the new policy.
5 Reasons why you should Renew Your New India Assurance Car Insurance Policy:
- To enjoy continued coverage benefits of the plan
- Avoid discontinuity of No Claim Bonus
- Avoid paying higher premiums
- Easy switch to other insurers
- Save from hassled experience.
Is New India Assurance Car Insurance Renewal Easy?
Yes, it is easy to renew New India Assurance car insurance with PolicyBachat with Simple easy steps. You just have to pay your current premium in order to renew without having to go through the full application process again ahead of time. Before expiration of the policy, there will be a reminder from the company about needing to renew.
- Go to compare quotes above this article. Fill in the registration number of your car, Make & Model, geographical location, and email address. Tap on 'Start Save Money’.
- On the quotes section, go with your New India Assurance provider.
- Make the payment and you will receive the confirmation at your email address. If assistance needs call our customer support.
How to Reduce the Cost of Your Car Insurance Renewal?
To reduce the cost of your car insurance renewal these are the factors to consider before renewing the car insurance policy.
- Understand your needs
- Use the No Claim bonus (NCB)
- Opt for Voluntary Deductibles
- Renew Policy before it Lapses (In time)
- Renew Online is the Cheapest.
When you buy a new car, it is important to know when your car insurance policy needs to be renewed. You may need to renew the policy before you have even finished paying off your new car. There are many factors that can affect the timing and cost of a renewal. There are many factors that can affect the timing and cost of a renewal like:
- The type of coverage that you have;
- Your driving history;
- Your credit score;
- The price of your car; and
- The age of your vehicle.
Coverage |
Amount (in Rs.) |
Third Party Car Insurance |
2347 |
Own Damage Car Insurance |
3848 |
Comprehensive Car Insurance |
4580 |
What if I decide not to renew my New India Assurance Car Insurance Policy?
If you are decided not to renew your New India Assurance car insurance policy you can inform it to the company. Follow the below steps to cancel your New India Assurance Car Insurance Policy:-
- If you choose not to renew your policy at the end of its term, inform your insurer before the renewal date.
- If you're using an automatic payment plan, be sure to contact your insurer and cancel before the first payment of the renewal term is automatically deduct
- If you have not already, make sure you cancel your policy before it renews by the end of the term.
- If not, make sure to cancel before paying for any services that may incur additional costs.
- Contact your insurer to see if you need to submit a written letter of cancellation or if you can do so online or over the phone.
My Car Policy Expired. Can I Renew It?
If you missed the deadline to renew your insurance policy, there might be a way for you to get an extension. This is only possible if it was a lapse in coverage instead of outright cancellation so talk to your insurance company about what happens next. You might not be able to renew your old coverage, but you may still be eligible for a new policy.
What If I Don't Renew My Policy And Drive Without Insurance?
Driving without a car insurance policy on the road is crime you will be fined for that issue and lot more things been happened:-
- Penalties and legal fines for driving without insurance
- Third party liability
- Legal complications
- Loss of No Claim Bonus
- Damage to Self.
Conclusion:
Now that you know the benefits of renewing your New India Assurance car insurance policy on time, it is highly recommended to renew on time in order to avoid any unpleasant surprises later. Renewing the policy on time also enables you to save money, time and effort.
“Remember to renew your insurance policy before it expires to avoid a break in coverage”
So, if you are planning to buy a new plan, you must definitely consider timely renewal in the future, and if you already have an existing plan and missed the renewal date, then rush and Renew Now! It’s better to do it early than be too late.