5 Reasons To Buy Car Insurance Online

Technology has added a layer of convenience to every aspect of our daily lives. Car insurance is no different. With the advent of cutting edge service providers of car insurance comparison and buying, this step has become an extremely simplified one.

In addition to the convenience factor, there are other superb reasons why buying car insurance makes complete sense for the car owner of today’s times:

1. Its super simple – Buying online lets you carry out research without moving away from the comforts of your home or office. Now, how convenient is that? You can compare various car insurance plans at any time of the day and from anywhere.

It's cheaper – Yes, you heard that right. Buying online leads to choosing the correct policy from multiple insurance policy providers. You also have a choice of setting your own IDV which significantly affects your premium (Lower the IDV lower is the premium). This shaves off a good amount for your policy premium when you buy car insurance online. Additionally, insurance companies can do away with time-consuming documentation.When you compare car insurance policies online, you can easily view which provider is offering the lowest premium cost. This way, you can be assured of getting the best deals from amongst multiple insurance companies.

1. It’s paperless – With offline car insurance, there is a lot of paperwork involved which makes the whole procedure time-consuming and messy. Imagine the world of ease and simplicity when we have zero documents to process for a new registration or renewal. This is exactly the USP that online car insurance promises. Besides, you get to do your bit for environmental conservation by saving on paperwork.
2. It’s secure – Going online lets you swiftly compare the different car insurance policies available over the Web. You can fill up all the information online. Unlike agents who might miss important data entry or make errors during the form-filling process, filling up information online is a quick and error- free process. There won’t be a risk of a claim being rejected later just because some field of information was missing. Also, the perils of the document being stolen or damaged due to fire etc. can be eliminated totally.
3. It’s data-backed – When you opt for online car insurance, you get an option to read reviews about a particular insurance company. This data-backed research process helps immensely in deciding which company is right for your car insurance. So, for instance, if user reviews point to a long history of rejecting claims on frivolous grounds, you can use this information to stay away from such a company.

Which of these reasons would be the primary factor to let you go online to compare car insurance policies and buy it online? Do write to us and let us know.

As per the Motor Vehicles Act of 1988, it is compulsory for every car owner to have a valid third- party insurance in India. But what does this type of car insurance cover? Read this post to find out.