Getting online seems
to be the new trend followed by most of the people across the world. Today,
many of us stay online for almost all our day to day life requirements. Such is
the craze that people wish to do everything from chatting to dating, shopping to
connecting friends, executing businesses to recharge mobile phones everything
so easily while on the move or at the place and time of their convenience. This
way you not only save your precious time but also your valuable energy for
other activities. Same is the case when it comes to buying car insurance for
your car.
Today, most of the
young brigade of the nation prefer buy their insurance online rather than
following up with agents to get the required policy. They believe in quick,
calculated and smart way of buying motor insurance online. However, it’s some
of the in-experienced purchasers who make few mistakes while selecting a policy
often leading it to wrong policy purchase which might not even be useful for
claim at times. This can lead them in trouble in a crisis situation. So below
are a few guidelines to shop for motor insurance online as safely swim towards
the shore with good motor insurance policy purchase online.
Determine the Coverage
Coverage is not
related to friendship. Just because your best friend purchases “X” insurance
policy it doesn’t mean you also needs to purchase the “X” policy for your car.
Different cars have different set of needs. Before you start your search,
determine the extent of cover you want. This would ideally depend on the make
and model of your car, the premium you are comfortable paying, driving habits,
the distance you drive daily, any security aspects in car, place of living,
parking arena etc. Proceed with your search with your requirements in mind.
Study Products well
The biggest advantage
of purchasing motor
insurance companies in india would be ample of time to study the details of
available products well in the market. Do a thorough research on all the
leading car insurance companies, their products specifications and learn all
about how they function, the benefits they offer, the features they have,
discounts they offer, payment flexibility, their ratings by the experts of the
industry and consumers etc. This will give you a fair idea of the market
offerings and you can shortlist insurers as per your requirement.
Look for discounts -
Often car insurance
providers try to lure their clients with attractive discounts & offers to
buy motor insurance online or retain the existing customers as well. Discounts
come in different ways like particular credit/debit card payment, member of
Automobile Association, No Claim bonuses, lump-sum premium payments etc. Hence,
scan the internet for the best offers you can get. The discounts can make a
huge difference to the premium amount you actually need to pay.
Compare quotes
Once you’re done with
understanding the car insurance products and discounts associated with it,
start comparing the one which you think are the best for your car. So, while
looking at the right policy, try and shortlist some of the providers you think
are perfect for your requirement and compare them for the features in their
policy, the benefits they provide, their customer service, the premium to be
paid, payment modes etc. this helps you to make a sensible decision. Ideally it
should be just 3 or 4 comparison else it will be mess around to choose best
policy.
The Claim Procedure
One of the important
aspect of motor insurance online would be the after sale services which is your
claim settlement. So, while finalizing your car insurance provider check their
claim settlement record. Understand the settlement procedure and how long the
process could take. Try talking to or reading the experiences of other
consumers on the same. This will help to make an informed decision.
If your company lets
your migrate your no claim bonus from your previous provider while switching
your policy it will be a great deal for you. More importantly if these benefits
are merged with other benefits it will really help in getting a cost effective motor
insurance online coverage for your car.
