The National Insurance Company is under the ownership of the Ministry of Finance, Govt. India. The company is headquartered in Kolkata, India. It is one of India’s oldest insurers and was founded in 1906.

Stand Alone Own Damage Private Bike Policy in National Insurance.

SAOD policy covers your own damage losses arising from accidents, and man-made, natural calamities to your vehicle. In such a situation, the policyholder can raise a claim to the insurer. The insurer compensates for damages to the policyholder’s vehicle only.

Benefits of buying Stand Alone Own Damage policy from National Insurance Company

  • Policyholder can adjust the IDV as well as premium amount as per his requirement.
  • Online claim settlement process with minimum documentation.
  • Compulsory Personal Accident cover upto ₹ 15,00,000/-  to the policyholder in case of death, or bodily injuries.
  • A range of addons such as zero depreciation, roadside assistance, engine protection, and more.
  • Easy to purchase a policy online.

How to purchase Stand Alone Own Damage Policy from National Insurance.

  1. Visit the Quickinsure website from your browser
  2. Click on the ‘2 wheeler insurance’ icon
  3. Enter the vehicle registration number according to the registration certificate (RC) of the vehicle
  4. You can compare quotations from multiple insurance vendors and select the best fit
  5. Next, fill out the proposal form
  6. Complete the payment directly to the insurer and your policy will instantly be in your inbox

 Coverage of National Insurance Company Stand Alone Own Damage Policy

  • Accident
  • Theft
  • Natural Calamities
  • Manmade calamities- vandalism, riots, etc.

Exclusions under National Insurance Company Stand Alone Own Damage Policy

  • Third party liabilities
  • Drinking and driving cases
  • Driving without a license
  • Riding through floods when not suggested by the manufacturer

Frequently Asked Questions

  • What is meant by the period of SAOD policy?

The policy period usually means the tenure of the policy.

  • Can I get discounts on the SAOD policy?

Yes, you can get discounts called commercial discounts on the SAOD policy. Apart from this, you can get a No Claim Bonus discount as well. Get in touch with our experts for more information.

  • Max how much percent do I get NCB discount on SAOD policy?

You can get a max 50% NCB discount on the SAOD policy.

  • Which is the easiest mode of buying SAOD policy?

Online mode is the best mode of buying the SAOD policy. With Quickinsure, the process is easier. Buy your policy today.

  • Is comprehensive policy the same as the SAOD policy?

No. Comprehensive policy includes both, third party and own damage coverage; while SAOD policy only includes own damage cover.

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