Best Ways to Renew the National Car Insurance Policy

As a car owner, you must be aware of the fact that a car insurance policy is not valid for a lifetime. It also comes with an expiry date. Therefore, it becomes necessary to renew the policy on time to keep your policy valid. Read the below article to know the best ways to renew the National car insurance policy.

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About National Car Insurance Policy

As per the Motor Tariff Act, 2002, it is mandatory to obtain a car insurance policy from an insurer that is registered with the IRDAI. The National car insurance policy is one of the best motor insurance policies offered by National Insurance Company Limited. Since 1906 this insurance firm has been serving the product to all the car owners. The company is popularly known for its hassle-free claim settlement process.

Top 3 Ways to Renew the National Car Insurance Policy

In India, two types of car insurance policies are offered by insurers- third-party cover and comprehensive car insurance policy. No matter what type of policy you hold, renewing your motor insurance policy on time will benefit you in many ways. However, it is recommended to check your preferences while renewing your car insurance policy because they might have changed this year.

As a car owner, you must renew your National car insurance policy on time. Here are 3 ways to renew your National car insurance policy-

1. Directly Through National Insurance Company Limited

   As a car owner, you can directly renew your National car insurance policy through the motor insurance company. For this, you can visit the nearest branch of National Insurance Company Limited or contact their customer support team over a phone call. Next, fill up the car insurance renewal form and submit it to the branch office to get your National car insurance policy renewed.

2. Through National Car Insurance Agent

   The second option to renew your car insurance policy is via your respective insurance agent. If you have purchased the insurance policy through an agent, you can ask them to renew the policy. In this case, your respective agent will undertake all the responsibilities to complete the paperwork and submit it to the motor insurance company on your behalf. After completing all the formalities, they will hand over the renewed car insurance policy to you. However, you will have to pay an additional fee as brokerage or commission to them for providing the services at your doorstep.

3. Renewing Car Insurance Online

   Renewing car insurance online means choosing the most convenient and affordable modes. Make sure you have a stable internet connection and a smartphone/ tablet/ laptop.

   Visit the insurer's website or their mobile application to renew the policy. Enter the asked information of your national car insurance policy, including your policy number. Enter the personal information such as registered email address and mobile number.

   You can add or remove any additional coverage from your policy. Pay the insurance premium amount using any of the online payment modes available on your screens. Once the payment is successful, the insurance provider will send the renewed car insurance policy to your registered email id.

Final Words

In India, as per the Motor Vehicle Act, it is mandated for all car owners to hold a valid car insurance policy with at least a third-party liability cover. It means as a car owner, your car should remain covered with insurance as long as it is used on Indian roads. If you fail to renew your car insurance policy on time, you will violate the motor laws. Renewing your National car insurance policy online is quite simple, hassle-free, and affordable. Besides, if you have anti-theft devices fitted in your car, you will receive an additional discount.