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ICICI Lombard New Car Insurance is a Finzony listing for buyers exploring insurance for a newly purchased car. Depending on the policy selected and issued, cover arrangements may include third-party liability and own-damage protection. For a new vehicle, buyers should check the required third-party policy duration and whether own-damage cover is bundled or issued separately. The final premium, cover limits, deductibles and policy period are determined by the insurer quote and policy schedule.
Review cover options and policy tenure for a new car
When purchasing a new car, review the policy structure rather than relying on the listing name alone. Confirm whether the quote is for a bundled policy, a package policy or separate third-party and own-damage sections. Check the duration of each section, IDV where applicable, deductibles, add-on eligibility and claim conditions. This listing is intended to help new-car buyers compare options; it does not represent a separately verified product with universally fixed benefits.
ICICI Lombard
Key Insights
Founded
2001
ICICI Lombard was established 25 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
97.9% CSR, calculated as a 3-year average
ICICI Lombard settles 97.9% of all claims it receives, demonstrating strong credibility.
Contact Details
1800 2666
Headquarters: ICICI Lombard House, 414, Veer Savarkar Marg, Near Siddhi Vinayak Temple, Prabhadevi, Mumbai - 400025, India
Helps buyers explore insurance arrangements for a newly purchased eligible private car.
Vehicle and insurer eligibility rules apply.
Third-party liability protection applies when included in the policy issued for the vehicle.
Verify the policy schedule and period of cover.
Eligible accidental damage and other insured vehicle losses may be covered when an own-damage section is included.
Confirm whether own-damage cover is part of the selected quote.
The duration depends on the policy structure and cover selected for the new car.
Third-party and own-damage durations may differ.
IDV and deductibles may affect the premium and settlement of eligible own-damage claims.
Review the quote and policy schedule.
May reduce depreciation deductions on eligible replaced parts for admissible claims.
Optional; confirm availability and eligibility for the new vehicle.
May provide specified roadside support for eligible breakdown situations.
Optional; service limits and terms apply.
Conditions or treatments that the policy clearly says it will not cover.
Insurer
ICICI Lombard plans and claim process
It refers to arranging eligible motor insurance for a newly purchased car. The exact cover depends on the policy selected and issued.
Third-party liability cover must be arranged as required by law. Check whether it is included in the selected policy and verify its duration in the schedule.
Own-car damage is covered only when an applicable own-damage section is included and the claim meets policy conditions.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official ICICI Lombard website before purchasing.
Official Website
icicilombard.com
Visit the official ICICI Lombard website for plan brochures, premium quotes and policy services.
The aforementioned ratios have been averaged over three years (FY24-FY26)
May cover specified engine-related losses if available and included in the selected policy.
Check current add-on terms and exclusions.
The premium depends on the car model, registration details, policy structure, duration, IDV where applicable and selected add-ons. Obtain a current quote.
Some add-ons may be available for eligible vehicles and policy structures. Confirm the options, limits and conditions with ICICI Lombard.