{"buttonLabel":"Get a Quote","productCollection":"car_insurance_companies","productId":"3","productLink":"https:\/\/www.newindia.co.in\/portal\/product\/getQuote","productName":"New India Assurance"}
{"buttonLabel":"Get a Quote","productCollection":"car_insurance_companies","productId":"3","productImage":"referral_logos\/in\/insurance\/new_india-2","productLink":"https:\/\/www.newindia.co.in\/portal\/product\/getQuote","productName":"New India Assurance"}

New India Assurance Car Insurance: Does Enhanced Coverage Fit Your Budget?

New India Assurance offers two cheap comprehensive car insurance policy options which are best suited for new and used sedans, as well as luxury vehicles. However, their claim settlement and incurred claims rates are suboptimal, and their online purchasing process is difficult to navigate.

New India Assurance Car Insurance: Does Enhanced Coverage Fit Your Budget?

New India Assurance offers two cheap comprehensive car insurance policy options which are best suited for new and used sedans, as well as luxury vehicles. However, their claim settlement and incurred claims rates are suboptimal, and their online purchasing process is difficult to navigate.

Editor's Rating

3.0/5.0

Good for

  • Consumers looking for multiple tiers of comprehensive coverage to compare
  • Drivers of new and used sedans, as well as luxury cars

Bad for

  • Consumers looking to purchase a new policy online
  • Drivers of SUVs

New India Assurance offers two different comprehensive car insurance policies, a standard plan and an enhanced coverage plan. Both packages cover damages to the insured car from natural and man-made calamities, injuries to the owner or driver of the insured car, and damages to third party property. The enhanced package, however, offers eight more optional add-on coverages and an extra potential discount.

Their policies are the cheapest for new sedans and luxury cars, with plans for both starting 23% below market average. Consumers have the option to purchase these plans on New India's website, but the online purchasing process takes a lot of time and is quite outdated.

The company has an 89.1% claim settlement rate and a 104% incurred claims ratio, neither of which are strong for an Indian car insurer. If you're looking for a company with stronger claim rates and a better online purchasing tool, consider the following alternatives.

Alternatives We Recommend

{"items":["\u003Cstrong\u003EBest All-Around\u003C\/strong\u003E\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImage--root \"\u003E\n \u003Cdiv class=\"ShortcodeImage--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate car_insurance_companies: Reliance General Insurance - Image\" data-eventlabel=\"Reliance General Insurance\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Reliance General Insurance\" href=\"\/redirect\/car_insurance_companies\/11?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.reliancegeneral.co.in%252FInsurance%252FMotor-Insurance%252FCar-Insurance.aspx\"\u003E\u003Cimg alt=\"Reliance General Insurance\" class=\"ShortcodeImage--image lazyload\" style=\"width: 200px;\" data-src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/reliance-1\" src=\"\/\/res.cloudinary.com\/valuechampion\/image\/upload\/e_blur:1000,q_1,f_auto\/referral_logos\/in\/insurance\/reliance-1\" data-srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/reliance-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/reliance-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate car_insurance_companies: Reliance General Insurance - Button\" data-eventlabel=\"Reliance General Insurance\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Reliance General Insurance\" href=\"\/redirect\/car_insurance_companies\/11?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.reliancegeneral.co.in%252FInsurance%252FMotor-Insurance%252FCar-Insurance.aspx\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImage--root \"\u003E\n \u003Cdiv class=\"ShortcodeImage--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate car_insurance_companies: Reliance General Insurance - Image\" data-eventlabel=\"Reliance General Insurance\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Reliance General Insurance\" href=\"\/redirect\/car_insurance_companies\/11?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.reliancegeneral.co.in%252FInsurance%252FMotor-Insurance%252FCar-Insurance.aspx\"\u003E\u003Cimg alt=\"Reliance General Insurance\" class=\"ShortcodeImage--image lazyload\" style=\"width: 200px;\" data-src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/reliance-1\" src=\"\/\/res.cloudinary.com\/valuechampion\/image\/upload\/e_blur:1000,q_1,f_auto\/referral_logos\/in\/insurance\/reliance-1\" data-srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/reliance-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/reliance-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate car_insurance_companies: Reliance General Insurance - Button\" data-eventlabel=\"Reliance General Insurance\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Reliance General Insurance\" href=\"\/redirect\/car_insurance_companies\/11?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.reliancegeneral.co.in%252FInsurance%252FMotor-Insurance%252FCar-Insurance.aspx\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Ca class=\"ShortcodeLink--root\" title=\"Reliance Car Insurance Review\" href=\"https:\/\/www.valuechampion.in\/car-insurance\/reliance-car-insurance-review\"\u003ERead More\u003C\/a\u003E","\n\u003Cstrong\u003EBest New\u003C\/strong\u003E\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImage--root \"\u003E\n \u003Cdiv class=\"ShortcodeImage--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate car_insurance_companies: GoDigit - Image\" data-eventlabel=\"GoDigit\" rel=\"nofollow noopener\" target=\"_blank\" title=\"GoDigit\" href=\"\/redirect\/car_insurance_companies\/6?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.godigit.com%252Fmotor-insurance%252Fcar-insurance\"\u003E\u003Cimg alt=\"GoDigit\" class=\"ShortcodeImage--image lazyload\" style=\"width: 200px;\" data-src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/digit-3\" src=\"\/\/res.cloudinary.com\/valuechampion\/image\/upload\/e_blur:1000,q_1,f_auto\/referral_logos\/in\/insurance\/digit-3\" data-srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/digit-3 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/digit-3 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate car_insurance_companies: GoDigit - Button\" data-eventlabel=\"GoDigit\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"GoDigit\" href=\"\/redirect\/car_insurance_companies\/6?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.godigit.com%252Fmotor-insurance%252Fcar-insurance\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImage--root \"\u003E\n \u003Cdiv class=\"ShortcodeImage--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate car_insurance_companies: GoDigit - Image\" data-eventlabel=\"GoDigit\" rel=\"nofollow noopener\" target=\"_blank\" title=\"GoDigit\" href=\"\/redirect\/car_insurance_companies\/6?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.godigit.com%252Fmotor-insurance%252Fcar-insurance\"\u003E\u003Cimg alt=\"GoDigit\" class=\"ShortcodeImage--image lazyload\" style=\"width: 200px;\" data-src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/digit-3\" src=\"\/\/res.cloudinary.com\/valuechampion\/image\/upload\/e_blur:1000,q_1,f_auto\/referral_logos\/in\/insurance\/digit-3\" data-srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/digit-3 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/digit-3 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate car_insurance_companies: GoDigit - Button\" data-eventlabel=\"GoDigit\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"GoDigit\" href=\"\/redirect\/car_insurance_companies\/6?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.godigit.com%252Fmotor-insurance%252Fcar-insurance\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Ca class=\"ShortcodeLink--root\" title=\"Digit Car Insurance Review\" href=\"https:\/\/www.valuechampion.in\/car-insurance\/digit-car-insurance-review\"\u003ERead More\u003C\/a\u003E","\n\u003Cstrong\u003EFull Coverage Options\u003C\/strong\u003E\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImage--root \"\u003E\n \u003Cdiv class=\"ShortcodeImage--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate car_insurance_companies: Cholamandalam MS - Image\" data-eventlabel=\"Cholamandalam MS\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Cholamandalam MS\" href=\"\/redirect\/car_insurance_companies\/12?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.cholainsurance.com%252Fcar-insurance\"\u003E\u003Cimg alt=\"Cholamandalam MS\" class=\"ShortcodeImage--image lazyload\" style=\"width: 200px;\" data-src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/CholaMS-3\" src=\"\/\/res.cloudinary.com\/valuechampion\/image\/upload\/e_blur:1000,q_1,f_auto\/referral_logos\/in\/insurance\/CholaMS-3\" data-srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/CholaMS-3 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/CholaMS-3 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate car_insurance_companies: Cholamandalam MS - Button\" data-eventlabel=\"Cholamandalam MS\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Cholamandalam MS\" href=\"\/redirect\/car_insurance_companies\/12?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.cholainsurance.com%252Fcar-insurance\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImage--root \"\u003E\n \u003Cdiv class=\"ShortcodeImage--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate car_insurance_companies: Cholamandalam MS - Image\" data-eventlabel=\"Cholamandalam MS\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Cholamandalam MS\" href=\"\/redirect\/car_insurance_companies\/12?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.cholainsurance.com%252Fcar-insurance\"\u003E\u003Cimg alt=\"Cholamandalam MS\" class=\"ShortcodeImage--image lazyload\" style=\"width: 200px;\" data-src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/CholaMS-3\" src=\"\/\/res.cloudinary.com\/valuechampion\/image\/upload\/e_blur:1000,q_1,f_auto\/referral_logos\/in\/insurance\/CholaMS-3\" data-srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/CholaMS-3 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/CholaMS-3 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate car_insurance_companies: Cholamandalam MS - Button\" data-eventlabel=\"Cholamandalam MS\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Cholamandalam MS\" href=\"\/redirect\/car_insurance_companies\/12?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.cholainsurance.com%252Fcar-insurance\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Ca class=\"ShortcodeLink--root\" title=\"Cholamandalam MS Car Insurance Review\" href=\"https:\/\/www.valuechampion.in\/car-insurance\/chola-ms-car-insurance-review\"\u003ERead More\u003C\/a\u003E","\n\u003Cstrong\u003EGreat Online Policies\u003C\/strong\u003E\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImage--root \"\u003E\n \u003Cdiv class=\"ShortcodeImage--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate car_insurance_companies: Liberty Insurance - Image\" data-eventlabel=\"Liberty Insurance\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Liberty Insurance\" href=\"\/redirect\/car_insurance_companies\/7?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.libertyinsurance.com.sg%252Fprivate-car\"\u003E\u003Cimg alt=\"Liberty Insurance\" class=\"ShortcodeImage--image lazyload\" style=\"width: 200px;\" data-src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/liberty-1\" src=\"\/\/res.cloudinary.com\/valuechampion\/image\/upload\/e_blur:1000,q_1,f_auto\/referral_logos\/in\/insurance\/liberty-1\" data-srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/liberty-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/liberty-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate car_insurance_companies: Liberty Insurance - Button\" data-eventlabel=\"Liberty Insurance\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Liberty Insurance\" href=\"\/redirect\/car_insurance_companies\/7?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.libertyinsurance.com.sg%252Fprivate-car\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImage--root \"\u003E\n \u003Cdiv class=\"ShortcodeImage--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate car_insurance_companies: Liberty Insurance - Image\" data-eventlabel=\"Liberty Insurance\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Liberty Insurance\" href=\"\/redirect\/car_insurance_companies\/7?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.libertyinsurance.com.sg%252Fprivate-car\"\u003E\u003Cimg alt=\"Liberty Insurance\" class=\"ShortcodeImage--image lazyload\" style=\"width: 200px;\" data-src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/liberty-1\" src=\"\/\/res.cloudinary.com\/valuechampion\/image\/upload\/e_blur:1000,q_1,f_auto\/referral_logos\/in\/insurance\/liberty-1\" data-srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/liberty-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/in\/insurance\/liberty-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate car_insurance_companies: Liberty Insurance - Button\" data-eventlabel=\"Liberty Insurance\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Liberty Insurance\" href=\"\/redirect\/car_insurance_companies\/7?link=https%3A%2F%2Faffiliate.valuechampion.in%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.libertyinsurance.com.sg%252Fprivate-car\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Ca class=\"ShortcodeLink--root\" title=\"Liberty Car Insurance Review\" href=\"https:\/\/www.valuechampion.in\/car-insurance\/liberty-car-insurance-review\"\u003ERead More\u003C\/a\u003E"],"offsetPercentage":20}
Summary of New India Car Insurance
Choose between New India's Standard and Enhanced Coverage comprehensive policies
Policies for new sedans and luxury cars start at 23% cheaper than market average
Drivers can compare plans and purchase a new policy online


New India Assurance Comprehensive Car Insurance Policy Review

New India's comprehensive car insurance plans are among the three cheapest plans we studied for new sedans. Annual premiums for a new Honda Amaze start at Rs. 16,374, 23% cheaper than the market average cost of Rs. 21,200. Their annual premiums for luxury cars are also up to 23% cheaper than average and are the second-cheapest in our study, with prices starting at Rs. 90,049 for a new Mercedes-Benz E-350.

Bar graph showing premium prices for a new Mercedes-Benz E350
Bar graph showing premium prices for a new Mercedes-Benz E350

Although less affordable for used cars, New India's annual premiums for a used Honda Amaze are still 15% cheaper than average. If you're seeking a policy for your new SUV, however, you may want to consider another insurance company. Annual premiums from New India for a new Maruti Vitara Brezza start at Rs. 29,003, which is the third-most expensive premium we studied among SUVs and is 16% more costly than the national average.

New India offers two different comprehensive car insurance policies, both of which cover own damage losses due to natural and man-made accidents up to Rs. 15 lakhs, damages and liabilities to third party property for a three-year term, and personal accident coverage for the owner or driver of the car. Neither of the company's plans cover damages incurred from:

  • Wear and tear
  • Breakdowns
  • Consequential loss
  • Driving without a valid driving license
  • Driving under the influence of drugs or alcohol
  • Accidents occurring due to breach of contract, such as using a private car as a taxi

Each comprehensive package comes with a different set of add-ons; the enhanced plan includes eight more options than the standard plan does. New India's most unique add-on is their roadside assistance, which works differently than any of the other 15 insurers we analysed. It not only provides emergency roadside assistance to customers with enhanced coverage, but also covers all towing services for an optional increase in premium. For comparison, all other insurers exclude towing charges from their scope of coverage for roadside assistance.

Add-On CoverageStandard PolicyEnhanced Coverage Policy
Electrical Accessories CoverageAvailableAvailable
Non-Electrical Accessories CoverageAvailableAvailable
Personal Accident Coverage (Passenger)AvailableAvailable
CNG Kit CoverageAvailableAvailable
Legal Liability For Paid Driver/WorkerAvailableAvailable
Tyre & Tube DamageAvailableAvailable
Hospital Cash AllowanceAvailableAvailable
Depreciation CoverageUnavailableAvailable
Engine & Gear Box ProtectionUnavailableAvailable
Consumable Expense CoverageUnavailableAvailable
Personal Belongings CoverageUnavailableAvailable
Roadside AssistanceUnavailableAvailable
Invoice Price CoverageUnavailableAvailable
No Claims Bonus ProtectionUnavailableAvailable
Road Tax CoverageUnavailableAvailable
Key & Lock ReplacementUnavailableUnavailable
EMI ProtectionUnavailableUnavailable
Daily Cash AllowanceUnavailableUnavailable
Conveyance BenefitUnavailableUnavailable
Ambulance Expense CoverageUnavailableUnavailable
Medical Expense CoverageUnavailableUnavailable
Loss of License/Registration ReplacementUnavailableUnavailable
Small Repair ClaimsUnavailableUnavailable

New India also provides up to five potential discounts for their base policy, while their enhanced coverage policy also offers a voluntary deductible discount where you can pay a lower annual premium in exchange for a higher deductible in the case of an accident. The voluntary deductible is best suited for safe drivers without a history of accidents, because there is a lower risk of submitting a claim and paying a deductible. The six discounts New India offers as part of the enhanced coverage plan are the second-most of any car insurance company in our study.

DiscountStandard PolicyEnhanced Coverage Policy
No Claims BonusYesYes
Auto Association MembershipYesYes
Anti-Theft DeviceYesYes
Vintage CarYesYes
Vehicle Modified for HandicappedYesYes
Voluntarily Increased DeductibleNoYes
Personal InformationNoNo
Specific LocationNoNo
Credit ScoreNoNo
Multi-VehicleNoNo


New India Assurance Third Party and Standalone Car Insurance Policy Review

If you're seeking a cheaper car insurance policy, or simply don't require a fully comprehensive level of coverage, New India offers a third party policy and a standalone own damage policy. In India, the government requires you to have third party protection at minimum, so be aware that it's illegal to only have standalone own damage insurance.

New India's third party plan includes coverage for damages to third party property and for injury or death of a third party due to an accident. This policy does not cover damages to your own car due to man-made or natural accidents, and you are not able to include any add-on coverage options. The Indian government regulates third party insurance pricing, so annual premiums for third party plans from all insurers will carry identical costs.

Engine Capacity (cc)Annual Premium
< 1,000cc₹2,072
1,000cc - 1,500cc₹3,221
1,500cc+₹7,890

The company's own damage standalone policy is the opposite of their third party plan. It only includes coverage for damages from man-made accidents and personal accident coverage for the owner driver, but does not provide coverage for damages to third party property. This policy's annual premiums begin 38% cheaper than New India's comprehensive plan, but 21% more expensive than a third party plan. Compared to the other of the standalone policies we studied, New India's plan is 44% cheaper than market average.


Comparing New India against the Market

New India has an average 4.3-of-5 star rating on PolicyBazaar, with most negative reviews focused on their non-user-friendly online platform. However, there are plenty of positive reviews which cite New India's great coverage plans, cheap rates, and extensive add-on options.

They are the largest car insurer in India, owning a 14.08% market share, but their 89.1% claim settlement rate is one of the five worst of any insurer in our study. With a claim settlement rate 5% lower than the market average, there's a much higher risk that your claim will not be settled in a timely manner or without some obstacles throughout the procedure.

New India's incurred claims ratio (ICR) is 104%. Rather than being a positive indicator, this high number actually indicates that a sizable part of the company's annual premiums are used to cover risk transfer. The optimal range for an insurer is 75-90%, which indicates a strong ability to settle claims against annual premium collection.

The company also offers a network of just 1,500 cashless garages, one of the fewest of any of the 16 insurers we reviewed. With nearly 2,000 fewer garages than the average car insurer in India, there's an unfortunate likelihood that there will not be a convenient or local option to have your car repaired.

New IndiaMarket Average
Market Share14.08%3.57%
Incurred Claims Ratio104%90%
Claim Settlement Rate89.1%94.3%
Cashless Garages1,5003,870
PolicyBazaar Star Ratings4.3 (43 reviews)4.2 (22 reviews)
InsuranceDekho Star Ratings4.9 (161 reviews)4.9 (167 reviews)


Online Car Insurance Platform and How to Purchase

New India's online quoting tool and their website's car insurance information portal are the worst we studied. Both the website and the quoting tool are outdated, many of the buttons or links don't work or generate an error message, and lack of easy-to-use resources make the purchasing process much longer than nearly all of their competitors.

They do not offer the option to email, SMS or WhatsApp you a copy of your quote, and you do not have the option to retrieve an old quote. So, unless you're prepared to make a purchase decision right away, you'll need to re-do the quoting process from the beginning when you're ready to buy.

The page-load times are slow, and the quote tool presents an overwhelming amount of text. The quoting process is not smooth, and each time you toggle between different add-ons or coverage plans, the entire page is forced to reload and clear all of your previous selections.

One positive aspect of New India's website is that it allows you to purchase any of their plans, from third party to fully comprehensive, right on their website. Even though the purchasing process is difficult to manage, the ability to purchase plans other than comprehensive packages without the assistance of an insurance agent is only available from fewer than half of the insurers in our study.

Although New India's website leaves much to be desired, they still have some helpful resources, like a live support feature in case you need assistance from an agent, and a cashless garage locator. They unfortunately are one of just five companies we analysed who do not have an office branch locator or a car insurance calculator on their website.

Claim Procedure

New India Assurance does not have an app to submit instant claims from. Instead, policyholders must work with their dedicated agent to submit a claim. They do not make any guarantees on how long it takes to process or settle claims, but they do have a portal with the required documents you'll need to successfully submit a claim, and a helpful, step-by-step checklist so you can ensure you're in possession of all the required documents and are following the proper claim procedure.


Mike Wagenman

Mike Wagenman is a Senior Research Analyst at ValueChampion India, specializing in insurance. He holds a Bachelor of Arts degree in Communication and Business from Rider University, and his prior work experience includes data, revenue, and business analysis in the international travel and technology markets. Mike has worked with clients around the world to help identify financial value and find the most optimal way to achieve success.