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How to insure my car online successfully?

Convenience is everything for Vishant as a consumer. He makes sure that the process of purchasing any product or service is as convenient as it could be. So, when he wanted to buy the car insurance, he bought it online with a fast and transparent process. In this article, we will take a look at some of the benefits that you could enjoy by buying your car insurance policy online, like Vishant.

Online Car insurance is quite a simple and easy process of buying a four-wheeler insurance policy. With the help of online car insurance, it offers an instant policy for its customers. Buying car insurance online also gives faster responses and a transparent buying process. A car insurance policy provides you robust financial protection in the event of an unforeseen accident.

Online Car insurance is a simplified process to make it easy for their customers. It involves no physical presence and less paperwork. It is easy to buy a four-wheeler insurance policy online through mobile apps or websites.

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Benefits of Buying Car Insurance Online

Here are the benefits of buying car insurance online-

  • Convenient and Quick

You can quickly compare quotes online, zero-in on the policy that is the best for you and buy the policy in easy steps with online car insurance. You can easily buy it anywhere, any time from the comfort of your home or office. Moreover, many insurance websites are quite easy to handle and allow you to buy insurance and calculate premiums without any difficulty.

  • Quote Comparison is Easy

You can check quotes by different insurance companies to find one that fits your requirements before buying a car insurance policy. A car insurance premium provides a calculator to compare the different policies and choose the best one that suits your requirement.

  • Review the Policy

Buying car insurance online provides you to compare the different policies. There are different websitesprovide policy details and also allow fit to customer testimonials. It allows you to check and understand before buying the policy. Many insurance companies provide online knowledge-based articles and other resources that allow you to search for more information.

  • Instant Policy Issuance

The online car insurance allows you to get instant policies. When you buy a policy offline where you wait for some time to take the physical documents of the policy, buying online car insurance provides you to get an instant digitally signed policy. So you do not need to visit the insurance office.

  • Access your Policy Documents

Any time you access your signed copies digitally without having to rush your insurer or the agent. A backup policy document saves your time and money.

  • Premium Reminders

Buying car policies an online allows you to get regular renewal reminders. This means that you do not skip your car insurance renewal or NCB (No Claim Bonus) on your car insurance.

How to Choose the Best Car Insurance Online?

  • Compare the plans

Once you are sure that you need what type of car insurance policy, before making the purchase decision it is good to compare the plans from different insurance companies. In terms of the sum insured you must compare the plans, inclusions and exclusion of the policy, claim process, deductibles, etc. You need to choose a cost-effective plan for the premium.

  • Check the claim process

Purchasing online car insurance policy one of the primary objectives is to get immediate financial benefit in the event of an accident. So, you need to choose an insurance that is an easy and quick claim process. During an emergency you can go through a complicated procedure to get compensation for the losses.

  • Know the claim settlement ratio about the insurer

Many car insurance buyers do not know the importance of the claim settlement ratio. Before finalizing the insurer, you must check the claim settlement ratio. The CSR shows the number of claims the insurer has settled against the number of claim applications and received in one year. It is good to buy a policy from a company that provides high CSR, as it means you have great chances of your claim being approved.

  • Never provide any wrong information

Many first-time online car insurance buyers provide incorrect information about their age and driving history to less the premium amount. But at the time of filing a claim, such practices can prove to be a costly mistake. Your insurance will be canceled if the insurer finds the information is misleading. So, it is best to be honest and provide exact details in the application form.

  • Be aware of policy terms and conditions

You must take your time to read the terms and conditions carefully before you sign the policy documents and check if the terms and conditions meet your needs. This is an important step to avoid any legal problem at the time of filing a claim.

Top Companies That Offer Car Insurance Online

Here are the top companies that provide car insurance online all are mentioned below:

  • HDFC Ergo General Insurance Company Limited

HDFC ERGO has a strong customer base of over many policyholders, which indicates it is well-respected. HDFC ERGO offers the best car insurance online with an application process and various coverage choices.

The company gives auto repair services overnight, in which the repairs are completed over one night and the. It provides online authentication of QR codes to make claim settlements more convenient. It offers a cashless service to make maintenance work more convenient. 

  • TATA AIG General Insurance Company Limited

Through its car insurance online plans, the company offers a variety of add-ons that help you expand the reach of coverage. It makes the claim settlement process simple with the help of an online four-wheeler  insurance policy. It provides a fast application process, a helpful customer support team, and installing anti-theft devices incentives in your vehicle.

  • ICICI Lombard General Insurance Company Limited 

The Claim Settlement Ratio (CSR) of ICICI is very high. ICICI car insurance provides a variety of incentives to policyholders in the event of an accident including roadside assistance. It is one of the most well-known car insurance brands.

  • Royal Sundaram General Insurance Company Limited

The company’s car insurance online policy allows a 100 percent refund of the car’s invoice amount in the event of complete loss or theft. It offers free coverage for flat tyres and emergency fuel delivery. It also provides a variety of available add ons to expand the reach of your car insurance policy’s coverage.

  • Reliance General Insurance Company Limited

Reliance General maintains simple transactions and provides free roadside assistance coverage worth up to INR 500. The company offers hassle-free purchases as the policy is delivered within 10 seconds.

Conclusion

If you buy a car insurance policy online from the leading car insurers choose the best car insurance online policy. You get the best car insurance online policy when comparing the plans offered by the leading car insurance companies. You can also check the benefits coverage plans and premiums.

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