Car insurance is one of the most prominent protections provided to owners to protect their car from any man-made or natural calamities. There are chances of many unpredictable events that might damage the car. Car owners can now protect their vehicle form all these damages using the car insurance policy.
To this day there are a wide number of insurance companies that provide insurance policy to car owners. In India, car insurance policy is compulsory as per the motor vehicle act.
Owners pay a timely car insurance premium to protect their car from losses. To get a car insurance policy done it is very necessary to follow some steps which are mentioned below.
Car insurance policy is now very convenient with the introduction of online registration of vehicles. Through the online platform, owners can get their vehicles insured in no time.
Above all, It also helps vehicle owner’s t search form a wide number of insurance companies which was not possible before. Motor insurance online has revolutionized the whole process of getting your car insured giving more freedom and transparency to car owners.
Also, the renewal of these insurance policies can be done online very conveniently. There are in total three types of Insurance policies that vehicle owners can opt for. All these types are mentioned below briefly:
Types of Car Insurance Policy:
Comprehensive Car Insurance Policy:
Comprehensive car insurance is one of the best policies that are opted by car owners all over the country. This insurance policy covers both the third part and your car from damages or any liability. This policy provides extensive coverage and many more benefits. Comprehensive car insurance is one of the most popular insurance as it offers end to end coverage and is a relief for the policyholder.
Third-Party Car Insurance Policy:
Third-Party Policy is a policy cover that will cover the insurer in case of death, injury, disability, or any property damage caused to the third party. The third-party car insurance policy also safeguards insurer from any legal liability in cases of accidents where there is the involvement of the vehicle. Third Party Car Insurance is a minimum insurance level that car owners have to insure their car with.
Pay as You Drive Insurance:
This insurance is one of the newest additions to the insurance policies seeing the increased need for a new policy that can help owners having many vehicles.
According to this insurance policy, the insured can pay premiums as per the total kilometers driven. Many owners have multiple cars and drive them not so frequently. To save the premium and insurance costs of these owners pay as you drive insurance has been introduced.
All three insurance policies are popular among insurers in India. Every insurance policy has its benefits and suits each kind of owner. All three policies protect the vehicle and insurer giving vehicle owners peace of mind.
Steps to get a car insurance policy done:
Four wheeler insurance policies can now be purchased online and are very convenient as the process is very fast and simple. There is no paperwork required and the process is transparent.
Log into the website that you want to get the insurance policy done from. Many online websites provide cheap motor insurance to suit the needs of all owners.
Websites like policy bazaar, bajaj finserv, and reliance provide some of the best policies that provide automatic car insurance.
Auto Insurance websites provide comparisons to choose the right policy. Owners can compare policies of various insurance companies and decide on the best scheme.
To compare certain information regarding the vehicle has to be provided such as registration, fuel type, make and model, and car variants.
Once the best policy is selected having a car insurance premium that fits your budget it is now time to proceed for a budget car insurance quote. To get the quote certain details like name, email, address, and a mobile number have to be provided.
Once done the websites will show various companies with their insurance quote with a discounted price, the final price, and add-ons. Make sure to view all the quotes and then prepare to select the best quote by comparing one another.
Owners can also apply for savings on premiums paid. To do this click on the option showing online savings. A new page appears with a form. This form is to be filled and submitted to apply for savings on the premium amount.
While applying for a premium there are various benefits that owners get like round-the-clock roadside assistance, No Claim Bonus, engine protector, and consumables. These are called add-ons and are provided to all insurance holders.
There are also options to include passenger’s cover or drivers cover under the plan. Owners can opt for these covers by paying a little more premium.
Taking a cover will secure passengers and drivers in the vehicle which is advisable to take in case the car is privately owned.
After providing all this information submit details and wait for some time while the website generates the best insurance plans. These plans are based on the details provided by owners and can help in getting the best rates of premiums with add-ons.
For instance, Once the details are generated vehicle owners can choose insurance policy having the best auto insurance premium.
This online method requires no paperwork as all information regarding a car is already generated online. Select the best policy that suits your car.
Positive feedback from vehicle owners
Make sure to choose an insurance company that has a good market reputation and has positive feedback from vehicle owners. This is because car insurance policyholders face a lot of hurdles when trying to insure their vehicle from damage in case the insurance company is not good.
Following these simple steps car owners can get their vehicles insured in very less time. With the help of motor insurance online the whole process has become convenient and requires practically no paperwork. Owners can again renew their auto insurance policy with the same insurance company or different one after the stipulated period online.