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Best Way To Buy Car Insurance Policy- Local Agent or Online

Choosing the cheaper car insurance policy with optimum benefits isn’t so simple. A dilemma for policyholder whom to opt local insurance agents or online insurance? Find out which is the best ideal choice to ensure your policy. The comparison of online policy and agent policy gives you the ideal to configure yourself.

The Best Way To Buy Car Insurance Policy

You can buy a car insurance policy in online or offline mode but the premium to be paid is less in the case of online car insurance when compared with the offline modes. This is due to the fewer administrative charges involved with online purchases. Some other benefits of the online policy are listed below make a look before buying the car insurance policy.

Buying Car Insurance Online is Worthy

E-commerce market has soared high in the past three years gaining millions of consumers. This digitalized insurance marketing is easy as well as cheap. Consequently, insurance market too joined their hands with e-commerce business to improve their sales strategies at the same time making the insurance process less complicated. Car insurance online marketing has benefitted the most with this development. The process of insuring is not only made easy but also the car insurance renewal process became fast.

Online car insurance India platform has introduced car insurance calculator, a very productive tool where the consumer is given a simple form which asks for some basic information about the motor that is going to be insured and straightaway displays varied insurances policies based on the customer preferences with a single click. This facility of car insurance calculator has made the process of shifting insurers and car insurance renewal uncomplicated. In a word, acquiring insurance online is convenient, fast and usually cheaper.

Prominent insurers market their car insurance policy with catchy ads like “Buy car insurance policy online at lower premiums” or “Renew car insurance policy with additional bonuses” where the consumer gains additional benefits or discounts on the premium. Additionally, policy distribution efficiency also affects the final prices of insurances.

The biggest benefit that a consumer gets through online platform is the single step policy comparisons, which aids in weighing the pros and cons of the policy. This process also benefits the consumer with the reviews of other buyers who are benefitted through the process. Buying car insurance online yields many benefits as

  • Online car insurance India is not limited only for sale. They manage to provide certified insurance assistance to the consumers who are trying to buy insurance after comparing the policies from their car insurance calculator.
  • Car insurance India is not only offering offline assistance the consumer but also facilitating them with online assistance process where the insurance support team guides the consumers who are buying car insurances or trying for car insurance renewal.
  • Online car insurance has significant benefits when compared to offline policies in terms of saving premiums as one can benefit instant gratifications or benefits provided through online transaction.
  • This process additionally saves the expenses on the brokerage charges occurred during offline transaction.
  • Car insurance calculators are a single click away to get varied insurance plans from different insurers.

On a final note, car insurance online or car insurance renewal processes are heading forward with the implementation of online car insurance calculators benefiting the consumers by offering value for money. The online purchases of car insurance India are not only simple and easy-to-use but also offer secure transactions.

Benefits of Online Policy

Paperless Process: A car insurance policy purchased online involves Zero paperwork. To begin with, the proposal form is filled digitally and the scanned copy of any required documents is submitted to the insurer online. Moreover, the soft copy of the policy document is sent to your registered email id once the policy has been issued to you. As a result, online purchase of car insurance does not require any filling because everything is done digitally by entering the details easily.

Comparison: One of the best things to purchase car insurance online is that you can compare different car insurance quotes online for free of cost with PolicyBachat. Policyholders can compare the quotes online and can choose the right policy by comparing prices with the benefits availed. The online comparison is the hassle-free process to know all the insurance companies in India under one roof.

Assistance: The customer can call our support team for any queries and further support in filing a claim process. This is the most relaxed process to get your claim settled. The customer call service team provides 24/7 support assistance to avoid any discrepancies.

Competing prices: Online portal gives the competing prices than offline; the reason might be the carrier does need not to pay for the agents as a part of the commission. Insurance companies have their pricing strategies varies from their competitors, this is the reason in boom car in an insurance policy. This insurance policy lets users know the right insurance policy online to generate the policy.

Fraud: There are zero fraudulent acts in online policy; everything is transparent in an online car insurance policy. Secured payment gateway with digitally signed copy helps you to get rid of a tedious process. In offline policy there might be fraudulent acts as an agent can influence policyholder to get higher premium without any additional benefits involved. In online policy, the payment method is not transparent and there might be a chance of cash embezzlement.

More Economical and Convenient: Buying car insurance online is more economical than buying it offline. When a car insurance company operates online, its overall cost reduces. Car owners buy the policy online themselves which eliminates the need for an insurance agent to enroll customers.

You can simply apply for car insurance any time of the day as the internet is at your needs all the time. Moreover, you can also pay the premium online using your bank cards or internet banking.

Instant Policy Issuance & faster process: When you purchase a car insurance policy online, your policy is issued to you almost instantly. You don't have to wait for days to receive your policy document. All you need to do is fill up a few basic details about your car and your contact details from the comforts of your home and you can get your policy in no time.

Benefits of Offline Policy:

Personal relationships: The agent can make a personal relationship with the policyholder, he visits the client's place frequently to help him purchase the insurance policy. At the time of the claim, the settlement agent will help the policyholder to get the claim smoothly. While taking car insurance renewal tips it is important to select the correct agent who can assist you even after the sale. We at PolicyBachat have a dedicated team of agents and a separate team of agents to assist you with the claim settlement.

Sum assured: Offline insurance agents provide higher Insured Declared Value idv for a lower premium. The amount of sum insured defines the premium calculation for your vehicle. Sum Assurance guarantees financial coverage in case of loss due to a certain event; such as death.

The event is certain to happen at any time during the policy period where the insurance coverage is applicable. The certainty of happening is covered under the term sum assurance.

How to Buy Car Insurance Online

Buying car insurance online is a concern, what you see is what you get. One of the best benefits of buying car insurance online is that you can validate your own premiums with different car insurance companies.

You can explore your insurance provider's what they provide and Review Our Portal to look at how we assist our customer's needs through car insurance policy covers. Policybachat leads you to choose the best car insurance policy needs.

  • Comprehensive coverage: This Comprehensive coverage includes cover against damages to your own car or damages to a third party person/ property. And if this is not enough it can be customized with your choice of add-on covers, giving you coverage as per your requirement in a cost-effective way. while you secure your car with comprehensive insurance claims online in a matter of minutes.
  • Third-party Liability Cover: This coverage only protects you against liabilities arising from damage, injury, or loss to a third party person or property. As established in the Motor insurance Vehicles Act 1987, this is a mandatory cover approved by the government and it is a punishable offense to not have a valid third-party liabilities cover.
  • Stand Alone Own Damage cover: If your car already has third-party coverage? Well, then the stand-alone own damage cover is the perfect missing cover that helps you against financial losses arising to the car owner due to damages to your car.
  • Coverage for Popular Car Brands: Bought a newly brand car? Then this cover offers 1-year coverage against damage to your own car along with a 3 year cover against damages to a third party car insurance person/ property.
  • No Claim Bonus(NCB): No Claim Bonus can be gathered together as a discount on the premium amount over years. NCB discount ranges from 20% to 50% on the own damage premium. No Claim Bonus (NCB) can be claimed even if someone changes its vehicle, as it is transferable to the new vehicle bought by the policyholder.

The add on covers or rider improves the chance of claim settlement in case of any type of damage to the insured car. Few add-ons such as Roadside assistance, PA to paid driver, etc are available even for vehicles aged more than 5 years.

How to configure:

To confirm the right insurance policy select the right carrier from the given quotes and compare the policy with your insurance agent, crosscheck the benefits of both the car insurance plans and buy the best policy. Mostly, the online policy gives you the best value for money policy as it hindrances the agent commission.

In a nutshell, declare all your correct details in the required fields avail the policy legally for easy number of claims. The online policy is convenient, transparent, legal with a fast document process. Make yourself comfortable by purchasing a policy online, further all your queries will be answered through our toll-free number: 18001234006/ 18001234003.

Compare the quotes by different insurance companies while looking for types of car insurance online and pick the one that provides more benefits at a lower price. We provide the best insurance companies include Bajaj Allianz, IFFICO TOKIO, HDFC ERGO, Bharti AXA, and a lot more companies that provide low premiums.

Please Visit Our Portal to compare car insurance policies from different car insurance companies and select the best car insurance policy which fits all your requirements.

FAQS in Car Insurance Online

How to Renew Expiry Date Of Car Insurance Online?

There is a concept of Grace period in every car insurance policy. If you are unable to pay the premium before the expiry date, then the insurance company would give you a grace period of a maximum of 30 days to pay the car insurance renewal premium.

If the premium is paid before the grace period the policy would be in force and all the conditions satisfied under the policy would remain intact. If you do not pay the renewal premium after the expiry of the grace period, the policy would lapse or voluntary deductible, and all the bonuses collected would be expired.

How to Pay Car Insurance Online?

It is known easy to pay Car Insurance Online the claim amount or claim process with net banking, debit, or credit cards, you can pay in your comfort of home. Make sure with fraudsters after completion of buying car insurance our customer service will support you to the further needs. Please verify our portal and get the customer care number talk to our agent if any queries.

Is Car Insurance Online Safe?

When you drive your car through some areas which will occur accidents theft happen person can ensure your claims-free instantly online. You can buy or renew car insurance online safely with PolicyBachat.

However, make sure to buy car insurance online from an IRDAI registered car insurance company only. The IRDAI issues a registration number to every car insurance company that acts as proof of the company's genuineness and originality. If you follow this particular questionary it is easy and way safe to purchase car insurance online.

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