Download the Policybazaar app
to manage all your insurance needs.
-
Home
-
Car Insurance
-
National Car Insurance
- National Third Party Car Insurance
National Third Party Car Insurance
The National third party car insurance policy or a liability-only policy offers protection to the policyholder against death or bodily injury of a third party and damages to the third-party property. It covers the policyholder’s legal liability to pay compensation for expenses arising out of the above-mentioned situations.
Benefits of National Third Party Car Insurance
The National third party car insurance policy offers various benefits cited below:
- Legal Coverage: The National third-party car insurance covers your legal & financial liabilities in case of death or disability to any third party or any loss or damages to the third-party property.
- Affordable Premium: As compared to a comprehensive policy, the National third-party car insurance is cost-effective and does not involve a hefty policy premium.
- Peace of Mind: A third-party car insurance policy provides peace of mind when dealing with financial situations by protecting you against legal liabilities if you inflict damage to the third party, thereby ensuring you don't have to face inconvenience and pay out of your pocket.
- Personal Accident Cover: The Personal Accident (PA) is a mandatory cover for all vehicle owners in India, which you can buy along with the National third-party four-wheeler insurance. Under this, the owner-driver of the car is provided compensation of up to Rs. 15 Lakh in case of a disability or death as a result of the accident.
Coverage Under National Third Party Car Insurance
- Coverage for an unlimited amount in case of death or bodily injury/disability of the third party.
- Damages to third-party property for up to Rs. 7.5 Lakh.
- Personal Accident cover for the owner-driver of the insured vehicle in case of an accidental injury.
- Any OD (Own Damage) caused to the insured car due to unforeseen instances, such as accidents, manmade acts, natural calamities, fire, and theft.
- Any loss when driving under the influence of alcohol or without a valid driving license.
- Use of vehicle that violates the ‘limitations as to use' (e.g. private vehicle being used as a commercial vehicle).
- Expenses incurred due to the electrical/mechanical breakdown of the insured vehicle.
How to Buy a National Third Party Car Insurance Policy?
One can easily buy car insurance online by following these steps:
- Visit Policybazaar.com and select ‘Car Insurance.
- In the form, enter your car number and click ‘View Prices.'
- Enter your car's details like model, variant, fuel type, RTO, and registration year
- Now fill in the proposal form and proceed forward.
- From the list of third-party plans of multiple vehicle insurance companies, find the National third-party car insurance plan. You can also check policy details here.
- Select personal accident cover in car insurance as per your needs.
- Now select the desired plan and proceed with the policy premium payment.
- Pay the amount via online payment modes, such as cards, net banking, or UPI.
- As soon as you have made the payment, your National third-party motor insurance documents will be mailed to you.
Documents Required to Raise a National Third Party Car Insurance Claim
To raise a National third-party car insurance claim, you are required to keep these documents handy with you:
- Copy of Police FIR
- Copy of third-party insurance papers
- Duly filled and signed claim form
- Copy of driving license
- Copy of vehicle's registration certificate
FAQs
-
Q1. Is it mandatory to buy third party car insurance in India?
Ans: Yes. As per the Indian Motor Vehicles Act 1988, every vehicle owner must insure their vehicle at least with a third-party car insurance policy. Only after you purchase third-party insurance, you will legally be able to drive on Indian roads. -
Q2. Can I pay the National insurance policy premium online?
Ans: Yes. National four-wheeler insurance premiums can be paid online via bank cards, net banking, and UPI payment modes. -
Q3. Will I get NCB if I buy the National third party insurance?
Ans: No, you will not get any NCB with a third-party policy. NCB rewards are only provided to the policyholder with comprehensive car insurance. -
Q4. Is fire caused to my vehicle covered under National third party car insurance policy?
Ans: No, the National third-party car insurance policy does not cover fire-related damages caused to the insured vehicle.
Car Third-Party Insurers
Bajaj Allianz Third Party Car Insurance
Chola Ms Third Party Car Insurance
Digit Third Party Car Insurance
Future Generali Third Party Car Insurance
HDFC Ergo Third Party Car Insurance
ICICI Lombard Third Party Car Insurance
IFFCO Tokio Third Party Car Insurance
Liberty Third Party Car Insurance
Expand
Car insurance companies
Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Car insurance Articles
- Recent Article
- Popular Articles
20 Jun 2024
Top 5 Car Care Tips to Beat The Summer Heat
The extreme heat and constant heat wave warnings have made
Read more
11 Jun 2024
How to Check Car Owner Details By Registration...
Scenarios like hit-and-run accidents or purchasing a second-hand
Read more
21 May 2024
Get Faster Claim Settlement with Policybazaar...
Getting your car insurance claim settled is no longer a hassle
Read more
17 Apr 2024
Understand the Nitty-Gritty of Car Insurance...
Have you recently purchased a car insurance policy for your new
Read more
22 Feb 2024
IDV in Car Insurance
In layman's terms, the IDV full form is the Insured Declared Value
Read more#Rs 2094/- per annum is the price for third-party motor insurance for private cars (non-commercial) of not more than 1000cc
*Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.
##Claim Assurance Program: Pick-up and drop facility available in 1400+ select network garages. On-ground workshop team available in select workshops. Repair warranty on parts at the sole discretion of insurance companies. Dedicated Claims Manager. 24x7 Claim Assistance.