Get Ready to Drive with New India Assurance Car Insurance No Claim Bonus

Are you ready to take your car out on the open roads? If yes, then you must be well aware of the fact that it is mandatory to have a car insurance policy in India. There are various types of car insurance policies available in the market, each offering different benefits. One such policy is the New India Assurance car insurance policy with a no claim bonus. This policy provides you with various perks and benefits that you can make the most of while driving. In this article, we will take a look at what the no claim bonus is and how you can make the most of it.

What is a No Claim Bonus?

No Claim Bonus or NCB is a reward given to policyholders who do not make any claims in their policy period. This reward is provided by the insurance company as a token of appreciation for not making any claims against the policy. The no claim bonus is a percentage of the total sum insured. This percentage may vary from insurer to insurer, but typically it starts from 20% and goes up to 50%. So if you have a no claim bonus of 20%, then the total sum insured will be increased by 20%.

How to Avail New India Assurance Car Insurance No Claim Bonus?

The process of availing the New India Assurance car insurance no claim bonus is fairly simple. All you have to do is to renew your car insurance policy with the same insurance company. The no claim bonus is applied automatically when you renew your policy and it can be used to further reduce the premium of your policy. However, the no claim bonus is applicable only when you renew your car insurance policy with the same insurance company. If you switch your insurance company, then the no claim bonus will not be applicable.

Benefits of New India Assurance Car Insurance No Claim Bonus

The biggest benefit of the New India Assurance car insurance no claim bonus is that it helps you reduce the premium of your policy. This is because the no claim bonus is applied as a percentage of the total sum insured. So if you have a no claim bonus of 20%, then the total sum insured will be increased by 20%. This will result in a lower premium for your policy as the overall value of your policy will be reduced. Apart from this, the no claim bonus also acts as a reward for your safe driving habits as it shows that you have not made any claims against your policy.

Conclusion

The New India Assurance car insurance no claim bonus is a great way to save on your car insurance premiums. It rewards you for your responsible driving habits and can help you reduce the premium of your policy. All you have to do is to renew your policy with the same insurance company and the no claim bonus will be applied automatically. So make sure you take advantage of this great feature and get ready to drive with New India Assurance car insurance no claim bonus.