Need Car Insurance Instantly? Here’s Our Guide For Buying It Online

It is mandatory in India for every car owner to buy third-party motor insurance. However, there is a certain amount of apprehension when it comes to making the purchase online.

While we make most of our purchases online, why there is a fear to buy a car insurance policy through digital means? Purchasing third party car insurance online is a hassle-free process. However, you must be well-versed with the basic before opt to purchase a car insurance policy online. 

Types of car insurance

Broadly, there are two different types of car insurance policies available in the industry as listed below.

• Third-party Car Insurance

This is a mandatory car insurance policy, which will cover any individual, vehicle or property damaged or injured by your vehicle. This is a very basic type of insurance coverage.

• Comprehensive Car Insurance

This is a comprehensive plan, which covers all the components of the third-party insurance and includes the injury or damage that is caused to you and your vehicle. This is known as own damage. In this cover, you can purchase added benefits in the form of riders, which will provide you an extensive coverage. 

Benefits of buying insurance online

Buying car insurance online comes with its own benefits that are listed as follows.

1. Low Insurance Premium

When you make an online purchase, there are no brokers or commercial outlets and this reduces the cost of purchase. It is a win-win situation for you and the insurance company.

2. No Paperwork

Making an online purchase of an insurance cover is like buying from the favourite e-commerce portal. This means you only need to fill in the details and make the payment online. There is minimal processing time and less paperwork. You will receive the policy within a few minutes.

3. Efficient Customer Service

You no longer need to call the broker at the insurance company to clarify your doubts and queries. You can simply connect with the online help ‘chatbot’ and have all your questions answered.

Things you should verify before you purchase insurance online

Here are a few things you need to be careful about before buying insurance online.

• Accuracy

At the time of submission of your details for third-party car insuranceonline, you need to be sure that you are very accurate. If something in the form is not true, the insurance company may reject the claim at a future date. You need to check and reconfirm the details at the time of making the purchase.

• Term

You will have to check the term of the policy cover s to ensure that it is neither too long nor too short. It should be just the right term for your requirements.

• Policy Cover

Do not buy car insurance online with a very low cover. It will not give you adequate coverage. It is advisable to opt for the best car insurance after considering the features and understanding all the benefits.

• Compare the Policies

Not all companies offer the same cover. Every company has separate products and you need to do the research online. Get different car insurance quotesand read the reviews posted online to make a wise purchase decision.

Do not fall for fake offers when making your purchase. Online purchase of car insurance is quick and convenient but you need to be alert of fake websites that sell policies at low rates and avoid buying car insurance from them.