Universal Sompo Car Insurance Renewal Online In India 2024

Updated On: 2023-03-30

Author : Team Policybachat

The Universal Sompo Car Insurance renewal online is a convenient way for customers to renew their insurance policy. Universal Sompo Car Insurance offers an online service that allows customers to renew their insurance policy from the comfort of their own home. It also provides a range of other services such as car hire, breakdown assistance and more.

The company also offers online renewal services to make sure that there is no hassle when it comes to renewing your policy. Every car insurance policy has a validity tenure after which it needs to be renewed to continue receiving its benefits.

With Universal Sompo General Insurance, you can renew both Universal Sompo car insurance policies as well as car insurance policies originally issued by any other insurer. Universal Sompo offers a hassle-free and time-efficient insurance renewal process (online as well as offline) which requires minimal documentation.

Cashless Network Garages 3500+
Claim Settlement Ratio 87.96%
Emergency Assistance 24x7 Assistance
Claim Process Digitally enabled
Branch offices 86+
Policies Issued 12 Lakhs
Third party Liability Up to Rs. 7.5 lakhs
Personal Accident Cover Up to Rs. 15 lakhs

What are the Reasons to Renew Universal Sompo Car Insurance In-time?

Universal Sompo car insurance is a type of insurance policy that covers your vehicle against any damages. Universal Sompo offers the best value for money because it offers coverage for damages, theft and fire as well as comprehensive cover and roadside assistance. You can also get a free quote online and compare different policies with ease.

Reasons to Renew Universal Sompo Car Insurance In-time:

  • Loss of Insurance Protection
  • Financial Loss in case of accidents
  • Driving with expired insurance is illegal
  • Easy switch to other insurers
  • Avoid paying higher premiums
  • Enjoy continued discounts or bonuses, and coverage benefits of the plan
  • Avoid discontinuity of No Claim Bonus
  • Save from hassled experience.

Why it is Important to Renew Universal Sompo Car Insurance Online?

Universal Sompo Car Insurance Renewal Online is a one-stop destination for all your car insurance needs. The company offers a range of products to suit your needs. Whether you are looking for cheap car insurance or comprehensive car insurance, Universal Sompo Car Insurance Renewal Online has it all.

Universal Sompo car insurance protects you from uncertainties and unforeseen situations that can lead to substantial losses. You and your car are covered against a variety of physical damages, bodily injuries, and death and third-party liabilities. The customized plans also offer added protections, add-ons, emergency services and multiple other benefits.

  • Convenient and easy issuance and renewal of policies.
  • Quick processing of requests with minimal documentation required.
  • 24*7 responsive Customer Service.
  • Transfer of the NCB discount from the previous insurer.

How Universal Sompo Car Insurance Renewal Online Works?

Universal Sompo Car Insurance Renewal Online is an innovative product that can help you save time, money and hassle when making your insurance renewal. The product is a one-stop solution for all types of insurance renewals.

It offers insurance renewal in less than 30 seconds, without any hassle and without any paperwork, which means you can save up to 30 minutes just by using this product! You can also get the best rates on your car insurance renewal with Universal Sompo Car Insurance Renewal Online.

Universal Sompo Newly Renewal Benefits:

1. Comprehensive Cover: Coverage against Damage or loss to your Two-Wheeler against, Accidents, Due to manmade disasters such as theft, fire and riots, Due to natural calamities such as flood, earthquake and storms.

Coverage against Damage or loss to your Car against:

  • Accidents.
  • Due to manmade disasters such as theft, fire and riots.
  • Due to natural calamities such as flood, earthquake and storms.
  • Life of owner-driver (Personal accident cover).
  • Financial and legal liability arising out of death, bodily injury or loss/damage caused to property owned by a third party.
  • The repairs of vehicles in case of damages due to an accident.
  • Life of owner-driver (Personal accident cover).
  • Financial and legal liability arising out of death, bodily injury or loss/damage caused to property owned by a third party.

2. Third Party Cover: Life of owner-driver (Personal accident cover), Financial and legal liability arising out of death, bodily injury or loss/damage caused to property owned by a third party.

  • Life of owner-driver (Personal accident cover).
  • Financial and legal liability arising out of death, bodily injury or loss/damage caused to property owned by a third party.
Benefits:
  • Fire
  • Natural disasters
  • Explosion
  • Self-ignition
  • Personal Accident
  • Theft
  • Road, rail, inland water way.
Features:
  • Possess authentic and prestigious certifications
  • Allows its policyholders to raise unlimited claims
  • Provides third party as well as comprehensive plan
  • Holds a strong network of more than 3,500 garages
  • 24x7 emergency assistance is provided to policyholders
  • Robust customer support system to resolve their queries.
Add-ons/Riders:
  • Depreciation Waiver
  • Loss of Personal Belongings
  • Engine Protector
  • Roadside Assistance
  • Hospital Daily Cash
  • Return to Invoice
  • Consumables cover
  • Key replacement cover
  • Secure towing
  • Wrong Fuel
  • Loss of Driving License/Registration Certification
  • Accidental hospitalization

How to Renew Universal Sompo Car Insurance Online?

Universal Sompo Car Insurance Renewal Online is an online service that provides an easy and cost-effective way to renew your car insurance. The service is available 24 hours a day, 7 days a week and its quick and easy to use. You can renew your car insurance in just a few minutes by following these simple steps:

Renew your Universal Sompo car insurance policy online (before due date) If your car insurance policy is still in force, you can renew it instantly. Here's how:

  • Enter your personal information, including the make of your vehicle, the registration number of your vehicle, the postcode for where you live and the name of your insurer.
  • Give the personal details; select the policy coverage and add-ons of your choice.
  • You will get an instant car insurance premium quote. If you are satisfied with the quote, you can proceed to pay the premium online.

Renew your Universal Sompo car insurance policy online after expiry:

  • Contact Universal Sompo and inform about the expiry of your previous year policy.
  • Fix up an appointment with the surveyor for the inspection of your vehicle. If Universal Sompo accepts to offer you the car insurance, you can make the payment and you will receive the policy.
  • The surveyor's insurance report is valid for only 24 hours. Ensure to renew and pay the premium within 24 hours of the survey.

How to Reduce the Cost of Your Universal Sompo Car Insurance Renewal?

It's entirely up to you where to get your car insurance from because the cost comparison between different companies varies. A number of factors can affect the amount of money you pay on each annual renewal, these include:

  • Renew Policy before it Lapses (In time)
  • Opt for Voluntary Deductibles
  • Understand your needs
  • Use the No Claim bonus (NCB)
  • Renewing Online is the Cheapest.

When you buy a new car, it's important to know when your car insurance policy needs to be renewed. Some policies renew before you're even finished paying off your new car. There are many factors that can affect the timing and cost of a renewal. Factors include:-

  • The age of your vehicle
  • The type of coverage that you have
  • Your driving history
  • The price of your car and
  • Your credit score.

Universal Sompo Car Insurance Renewal Costs per cc:

Private Cars Premium (2020-21) Expecting Premium (2021-22)
Not exceeding 1000cc 2324 2593
Exceeding 1000cc but not exceeding 1500cc  3467 3600
Exceeding 1500cc 7685 7804

*Above mentioned values are for displayed purpose if you want to know the exact readings compare quotes.*

Car Model IDV Zero Dep Cover Premium
Toyota Camry - Hybrid Rs. 5, 34,363 Rs. 3378 Rs. 7378
Ford Aspire-Sports edition Rs. 4, 93,338 Rs.2933 Rs.8289
Renault Kwid – STD Rs. 2, 28, 388 Rs. 3992 Rs.7399
TATA Tiago XE Rs. 4, 32,299 Rs. 1383 Rs. 9479

Some of the Queries Arise by Customers at Renewal:

When Does Your Insurance Policy Expire?

As soon as your insurance policy is close to expiring- they'll notify you via phone or email. Renewing earlier means that you can continue to enjoy the peace of mind we provide and have a whole year of protection in case something happens. This is because if you don't, you will have to pay a higher premium for the new policy.

To avoid the risk of any claims being denied, we advise you to renew your vehicle insurance 30 days before it expires. Universal Sompo offers you the best rates and protection at a fair price. To explore our new payment options, please contact Universal Sompo store before upcoming deadlines. This way, you'll be sure to make adjustments as needed in time for the next billing cycle.

Is Universal Sompo Car Insurance Renewal Easy?

Yes, it is easy to renew Universal Sompo car insurance with PolicyBachat with Simple easy steps. You just have to pay your current premium in order to renew without having to go through the full application process again ahead of time. Before expiration of the policy, there will be a reminder from the company about needing to renew.

Or renewing your expired Universal Sompo car insurance policy is also easy with PolicyBachat with simple 3 steps. Fill in the required fields at quotes comparison, click on the renew of your policy, and make payment.

What if I decide not to renew my Universal Sompo Car Insurance Policy?

If you decide not to renew, the policy is terminated when your existing cover period expires. Vehicle cover will run out and your annual premium won't be paid.If you have decided against renewing your Universal Sompo car insurance policy, please contact the company. Follow these steps to cancel your Universal Sompo Car Insurance Policy:

  • Inform your insurer before the renewal date.
  • If you're using an automatic payment plan, be sure to contact your insurer and cancel before the first payment of the renewal term is automatically deduct
  • If you have not already, make sure you cancel your policy before it renews by the end of the term.
  • If not, make sure to cancel before paying for any services that may incur additional costs.
  • Contact your insurer to see if you need to submit a written letter of cancellation or if you can do so online or over the phone.

Can I Renew My Car Insurance Policy After Expired?

If you didn't renew your policy by the deadline, you might be able to get an extension if it was a lapse in coverage rather than outright cancellation. Find out more from your insurance company about what happens next. You might still be able to get a new policy even if your old one doesn't get renewed.

What If I Don't Renew My Policy And Drive Without Insurance?

Driving without a car insurance policy on the road is crime you will be fined for that issue and lot more things been happened:-

  • Penalties and legal fines for driving without insurance is of Rs. 2000 and imprisonment of up to 3 months
  • Third party liability
  • Legal complications
  • Loss of No Claim Bonus
  • Damage to Self.

Conclusion:

Make sure you're not losing out on these perks by making your renewal now! By opting for an earlier renewal, you'll avoid future surprises, as well as save time & money when you're too busy with other projects.

If you are looking to purchase a new plan, make sure to renew it in the future and if you missed the renewal date, then do so quickly and Renew Now! It's better to do it sooner rather than later.

“Don't forget to renew your car insurance before it expires, because doing so will avoid a gap in coverage where you might be left unprotected.”

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