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New Car Insurance Overview

New cars are a substantial investment, and it's only natural to seek protection against unforeseen events. This is where New Car Insurance plays a vital role, providing a safeguard for your financial security. 


It provides financial protection against potential risks and unexpected incidents, guaranteeing the security of your investment. In the digital age we live in, obtaining New Car Insurance is a seamless process that can be conveniently completed online, providing a swift and efficient way to protect your cherished possession.

New Car Insuance
What is New Car Insurance

What is New Car Insurance

A brand New Car Insurance is a tailored insurance policy designed to cover your shiny new vehicle. It provides financial protection against potential risks and mishaps, ensuring that your investment remains secure. With the increase in digital insurers, obtaining New Car Insurance online is hassle-free, providing you with a quick and convenient solution to safeguard your prized possession.

Benefits of Shriram New Car Insurance

Investing in Shriram’s Car insurance offers numerous advantages, including

Cost Effective Policies

Insuring your new vehicle may be a significant financial decision. Without sacrificing coverage, Shriram General Insurance provides policy premium discounts of upto 90%.

Financial Protection

Accidents, theft, or unforeseen events can lead to substantial financial expenses. With New Car Insurance Online, you get a shield from these sudden financial burdens.

Pay As You Drive

Do you own a car but don’t use it very often ? If so, this feature will serve you well. Pay As You Drive, as the name implies, is an option that lets you pay for insurance according to how much you drive.

Peace Of Mind

Knowing that your brand-new car is protected can give you peace of mind. You can drive without constant worry about unexpected repair costs.

Customised Add-ons

Shriram New Car Insurance allows you to tailor your policy with various add-on covers, ensuring that your coverage aligns perfectly with your needs.

Features of Shriram New Car Insurance

While the specific features may vary between insurance providers, there are some common key features that you can expect: 

Comprehensive Coverage

Comprehensive Coverage

Shriram New Car Insurance provides comprehensive coverage that includes protection against various risks, including accidents, theft, natural calamities, and man-made disasters.

Brand New Car Insurance

Brand New Car Insurance Online

With the ease of online services, you can quickly and conveniently purchase Brand-New Car Insurance Policies. It is a practical option for those who prefer the comfort of their own space.

Add-ons for Enhanced

Add-ons for Enhanced Protection

New Car Insurance often allows the selection of add-on covers to enhance protection. These add-ons include Zero Depreciation Cover, Engine Protection Cover, and more.

Quick Claim Settlement

Quick Claim Settlement

Shriram General Insurance is known for its efficient claim settlement process. To make a claim, you can expect a smooth and timely resolution.

  • Buy Shriram New Car Insurance Online
  • Renew Shriram New Car Insurance Online

There are several reasons to choose Shriram General Insurance for your New Car Insurance needs:

01

Experience

Shriram General Insurance has a proven track record and a wealth of experience in the insurance industry.

02

Quick Claims Settlemen

Our efficient claims settlement process ensures that you receive the support you need when you need it.

03

Extended Coverage

For cars under ten years old, we provide Zero Depreciation Coverage; for those under three, we provide Return to Invoice Coverage.

04

Online Services

Shriram General Insurance provides the convenience of online services, making purchasing and renewing your policy easy

05

Customisation

You have the flexibility to customise your policy with add-on covers to suit your specific requirements.

Purchasing your Shriram New Car Insurance policy is hassle-free, ensuring you can quickly and conveniently secure protection for your new vehicle. Follow these simple steps to buy new car insurance online

01

Visit Shriram General Insurance Website:

Start by accessing the official website of Shriram General Insurance.

02

Click on "Renew Your Insurance":

Look for the prominent option that says "Renew Your Insurance." Click on it to initiate renewal for your new car insurance policy.

03

Provide Policy Number:

Fill in your policy number, a unique identifier for your existing policy. This step ensures that you renew the correct insurance. 

04

Enter Mobile Number:

Input your mobile number, which is essential for communication and verification purposes.

05

Verify and Pay:

Review your policy details and make any necessary updates if required. After ensuring that everything is accurate, proceed to make the payment for the renewal of your new car insurance policy.

06

Receive Confirmation:

Upon successful payment, you will receive a confirmation of your renewed policy. This confirmation provides peace of mind, knowing that your new car insurance remains in force to protect your valuable assets.

Insure Now

Coverage Details of New Car Insurance

New Car Insurance typically provides coverage for various scenarios, including

01

Accidents

Your insurance policy will cover the accident-related repair costs, whether it's a minor fender-bender or a major collision.

02

Theft

Your insurance will provide financial compensation if your new car is stolen.

03

Natural Calamities

New Car Insurance protects against damages caused by natural disasters such as floods, earthquakes, and storms.

04

Man-Made Disasters

This coverage extends to damages caused by man-made disasters like riots and vandalism.

05

Third-Party Liability

If your car causes damage or injury to a third party, your insurance covers these liabilities.

Add-ons for New Car Insurance

Shriram New Car Insurance allows you to enhance your coverage with several add-on options. The New Car Insurance add-ons they provide include the following

Depreciation Waiver

Depreciation Waiver

This add-on ensures that depreciation is not considered during claims, providing you with the full value of your car's part

Engine Protection

Engine Protection

Engine damage can be expensive to repair. With this add-on, you're protected against high repair costs.

Return to Invoice

Return to Invoice

If your new car is deemed irreparable or stolen, this add-on provides compensation equivalent to the original invoice value.

Personal Belongings

Personal Belongings

If personal belongings are stolen from your car, this cover provides compensation. 

Emergency Transport

Emergency Transport & Hotel Expenses

In the event of a breakdown in a remote area, this cover helps with transportation and lodging expenses.

Key Replacement Cover

Key Replacement Cover

Keys are essential; if they're lost or stolen, this add-on provides a solution at an additional cost.

>Road Assistance Cover

Road Assistance Cover

Provides on-the-spot assistance with minor repairs and towing in the event of a vehicle breakdown.

Motor Protection  Cover

Motor Protection cover

Provides assistance from a lawyer to manager the legal consequences in the event that you are in an accident.

Consumable Cover

Consumable Cover

Financially includes replacement of consumables during repairs, such as nuts and bolts and engine oil.

Daily Reimbursement Cover

Daily Reimbursement Cover

Provides daily compensation while your vehicle is being repaired under the policy.

Legal Liability Coverages

Legal Liability Coverages For Paid Driver:

Provides financial support to a paid driver in the event that they suffer losses while driving the insured vehicle.

Personal Accidental Cover

Personal Accidental Cover:

Provides compensation for the policyholder in case of accidental death or disability.

PA Cover For Passengers

PA Cover For Passengers (Un-Named Persons):

Provides personal accident coverage for the unnamed passengers in the vehicle.

Why You Need to Buy New Car Insurance from Shriram

There are several reasons to choose Shriram General Insurance for your New Car Insurance needs

Experience

Shriram General Insurance has a proven track record and a wealth of experience in the insurance industry.

Quick Claims Settlement

Our efficient claims settlement process ensures that you receive the support you need when you need it.

Extended Coverage

For cars under ten years old, we provide Zero Depreciation Coverage; for those under three, we provide Return to Invoice Coverage.

Online Services

Shriram General Insurance provides the convenience of online services, making purchasing and renewing your policy easy.

Customisation

You have the flexibility to customise your policy with add-on covers to suit your specific requirements.

Benefits of Shriram Online Car Insurance

Frequently Asked Questions

How does New Car Insurance differ from Used Car Insurance?

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New Car Insurance typically provides higher coverage limits and may include features like Depreciation Waiver Cover to ensure full reimbursement for any damages in the initial years. On the other hand, Used Car Insurance may have limitations based on the age and condition of the car.

Are add-on covers necessary for New Car Insurance? 

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While they are not mandatory, add-on covers can enhance your coverage and offer additional protection for your new car.

What sets Shriram General Insurance apart from other insurers?

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An Insured can get one of the two policies cancelled. If he fails to do that, the premium paid will not be refunded in any circumstance after the expiry of the policy

Can I get support or information from Shriram General Insurance online?

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Your Car Insurance policy cover remains in force for 12 months from the date of commencement (or as otherwise shown on your policy schedule)

Is car insurance also required for old cars?

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Your Car Insurance policy cover remains in force for 12 months from the date of commencement (or as otherwise shown on your policy schedule)

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