NIC Long Term Motor Insurance Premium Calculator

A very simple app for calculating premium of long term motor policy of National Insurance.

Currently NIC offers long term motor insurance policy only for two wheelers.

Premium quotes along with details of IDV and premium of each year.

GST of 18% included in calculation.

About National Insurance Two Wheeler Policy

National two wheeler insurance policy is celebrated among scooter and bike owners in India. Apart from National two wheeler insurance plans with one year validity, long-term National two wheeler insurance policies are also available and they continue to remain valid as long as the fitness of vehicle is considered as valid by RTA. Like all other types of motor insurance plans, National two wheeler insurance policies also offer both third party liability coverage and comprehensive coverage. The third party liability coverage is limited to only third parties on the road while the comprehensive coverage extends to the vehicle of the insured as well. Regardless of the coverage chosen, bike owners can buy National two wheeler insurance policy online using their credit cards, debit cards or by net banking. Vehicles which are used for the purposes like social, domestic and professional can be covered by a National two wheeler insurance policy. However, vehicles which are used professionally or for racing, pace making, speed testing cannot be covered by National two wheeler insurance policy.