niac car insurance


Accredited Repair Shops


Max. Total Sum Insured

P 2,000

Casa Eligibility

10 Years

Product Summary

niac car insurance


New India Assurance Co. Ltd has been in operation since 1919, making it a market leader in India’s non-life business. It’s a pioneer in the insurance industry in India, as well as the largest and first fully Indian-owned insurance company in the country. In the Philippines, New India Assurance set up its operations on August 28, 1930. It’s headquartered in Makati City and also has three service centers in Cebu City, Bacolod City, and Angeles City.

Why Choose New India Assurance?

  • Over 80 years of pioneering service in the non-life insurance industry
  • International acclaim and reputation as one of the most trusted providers
  • Largest amount of insurance specialist to answer ever client’s concerns
  • 10 Years Of Casa Eligibility
  • 30 Casa Repair Shops
  • P 2,000 Deductible
  • 2 waived deductible
  • 3,500,000 Maximum Total Sum insured
Access to Critical InformationYes
Overnight Accomodation P 1,500
TowingP 4,000
Vehicle Removal Crane ServiceP 10,000
Minus On-site Repairs:
Battery BoostingYes
Gasoline DeliveryYes
Flat Tire ReplacementYes

Is this the right product for you?

Checkout the other car insurance listing.

New India Assurance Car Insurance Review

New India Assurance provides insurance coverage for private cars, commercial vehicles, two-wheelers (bikes), as well as standalone Compulsory Personal Accident (CPA) cover and standalone Own Damage cover.

With New India Assurance’s Motor Package Policy, you are covered against loss or damage to the vehicle caused by accidents, fires, or explosions. It also protects your vehicle against theft, burglary, or housebreaking, riots, strikes, terrorism, and malicious acts. Moreover, it safeguards it against typhoons, floods, earthquakes, landslides, and other natural disasters.

Why Choose New India Assurance?

There are many reasons why you should get your car insurance from New India Assurance. Aside from its competitive and affordable rates, New India Assurance has been one of the market leaders in India in the non-life business for the past 50 years or so. Being an industry leader, it also operates offices in different countries and offers a wide range of insurance products and services.

New India Assurance Car Insurance Rates

You can save time by comparing different car insurance rates through Moneymax. To give you an idea how much your New India Assurance car insurance policy will cost, see this quote for the following cars:

Car Brand and Model

New India Assurance Car Insurance Rates

Hyundai Accent₱11,139/Year
Mitsubishi Mirage G4₱12,831/Year
Honda City₱10,387/Year
Toyota Wigo₱11,426/Year
Toyota Vios₱15,096/Year

*Rates are based on 2020 vehicles and are subject to change.

How to Get New India Assurance Car Insurance from New India Assurance

From the many options available for car insurance, it can be overwhelming and time-consuming to go through each one to find the best deal. That’s where Moneymax can help. Follow these simple steps to get a car insurance policy from New India Assurance via Moneymax:

  1. Scroll back to the top of this page and click Get Free Quote.
  2. Provide your car brand, model, year, variant, and vehicle type before clicking Next.
  3. Enter your name, email, and contact number.
  4. Tick the two terms and conditions boxes.
  5. You can also enter a promo code. If you have none, click Next.
  6. Review the details you provided then tap Apply.
  7. Expect a call from a Moneymax representative within a few hours.

Based on the details you provided and the coverage you want to include, Moneymax will give a free personalized online car insurance quotation.

How to File a New India Assurance Car Insurance Claim

Moneymax makes filing car insurance claims easier, quicker, and more convenient. Should you find yourself in the unfortunate situation of filing a claim with New India Assurance, just submit all your claims-related documents through Moneymax at Below are the documents you need to prepare:

  • Police report
  • Accomplished insurance claim form
  • Pictures of the damaged or lost parts of your vehicle and the full view of the car showing the plate number
  • Car repair estimate
  • Photocopy of driver’s license with official receipt (OR)
  • Photocopy of certificate of vehicle registration with MVRR number
  • Additional requirements as prescribed by our Claims Experts

Moneymax’s team of Claims Experts will work with New India Assurance to facilitate a faster claims process. After New India Assurance reviews your documents and evaluates your car damages, you will then receive a Letter of Authorization (LOA) to get your car fixed in an accredited dealership.

Other Services Offered by New India Assurance

New India Assurance is the largest public sector general insurance company in India. It operates in India and in many other countries, offering a wide array of insurance products that address the needs of people and their businesses and properties. Some of the other services that New India Assurance offers in different countries include:

  • Travel Insurance - Some of the travel insurance policies that New India Assurance offers include domestic travel insurance, business travel insurance, and insurance for frequent travelers. It also has personal accident and road safety insurance.

  • Home and Contents - Under Home and Contents, New India Assurance provides householder’s policy, fire policy for home, and insurance coverage for tenants and owners, just to name a few.

  • Customized Business and SME Products - Aside from motor insurance, New India Assurance also provides business owners with insurance coverage that will protect their businesses. Some of these include jeweller’s block policy, shopkeeper’s policy, plate glass insurance, neon sign insurance, multi peril policy for LPG dealers, money insurance, fire, burglary, marine cargo, commercial vehicles, aviation insurance, and miscellaneous vehicles insurance.

  • Industrial Insurance - Under the industrial insurance coverage, machinery breakdowns and electronic equipment are covered. It also offers consequential loss policy, contractor plant and machinery policy, and advanced loss of profit policy.

  • Liability Insurance - New India Assurance also offers insurance coverage against public liability, products liability, and professional indemnity. Its Liability Insurance also has employer’s liability, carrier’s liability, golfer’s indemnity.

  • Rural Insurance - With New India Assurance’s Rural Insurance, farmers and rural business owners can get the poultry insurance scheme, cattle insurance, lift irrigation insurance, and farmers package insurance.

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