Motor Insurance

The New India Assurance Company Limited offers motor insurance policies covering private cars, two-wheelers, and commercial vehicles:

Core Coverage Options

Third-Party Liability Cover: Mandatory under the Motor Vehicles Act; covers legal liability for third-party bodily injury, accidental death, and property damage caused by your vehicle.
Own Damage (OD) Cover: Protects your vehicle against financial loss or damage caused by accidents, collisions, or overturning; natural calamities (floods, earthquakes, storms, landslides); and man-made disasters (fire, explosion, burglary, theft, riots, strike, or malicious acts).
Comprehensive Motor Cover: Combines mandatory Third-Party Liability and Own Damage protection into a single plan.
Standalone OD Cover: Available for vehicle owners who already hold an active Long-Term Third-Party policy.

Personal Accident (PA) Cover: Compulsory ₹15 Lakh Personal Accident cover for the registered owner-driver in case of accidental death or permanent disability.
No Claim Bonus (NCB): Earn discounts on Own Damage premium upon renewal for every claim-free year (ranging from 20% up to 50%).
NCB Retention/Protection: Transfer accumulated NCB savings seamlessly when switching from another insurer or changing your vehicle.

Zero Depreciation Cover (Nil Depreciation): Pays the full claim amount for repair or replacement of auto parts without factoring in age-related depreciation.
Engine Protect / Hydrostatic Lock Cover: Covers repair costs for engine damage caused by water ingress or oil leakage.
Roadside Assistance (RSA): 24/7 emergency support including towing, flat tire change, battery jump-start, minor repairs, and fuel delivery.
Consumables Cover: Pays for non-reusable items such as engine oil, nuts, bolts, screws, grease, and washers during repair.
Return to Invoice (RTI): Pays the full invoice value (including ex-showroom price, road tax, and registration costs) in the event of a total loss or theft.

Wide Cashless Garage Network: Access cashless repair services at thousands of authorized network garages across India.
Public Sector Reliability: Backed by the Government of India, offering high financial stability and reliable claim settlement.

Contact S P SAKHARE FINSERV on: +91 9822547682