Car insurance is a type of insurance policy that provides financial protection to car owners in the event of an accident or theft. In general, car insurance provides coverage for damages to your vehicle, as well as to other people’s property or to other people who may have been injured in an accident that you caused.
Car insurance can be purchased online, which is a convenient and quick way to get insurance coverage for your car. Here’s how you can buy car insurance online:
- Research: Start by researching various insurance companies and compare their coverage options, premiums, and customer reviews.
- Gather Information: Have your car’s make, model, year, and VIN number ready, as well as your driving history, insurance history, and personal information.
- Get Quotes: Fill out an online quote form with your information to receive multiple quotes from different insurance companies.
- Compare Quotes: Compare the quotes you received and choose the one that best fits your needs and budget.
- Purchase: Once you’ve selected the best policy for you, you can purchase the insurance online by providing your payment information.
- Confirmation: You will receive a confirmation email or message from the insurance company with details about your policy, coverage, and premium.
- Policy Document: After you’ve purchased the insurance policy online, you should receive a digital copy of your policy document. This document will include all the details of your coverage, including the type of coverage, the limits of liability, and the deductibles. Make sure to review the policy document carefully to understand what is covered and what is not. If you have any questions, you can reach out to the insurance company for clarification.
- Claims Process: In the event of an accident or theft, you will need to file a claim with your insurance company. The process for filing a claim can vary depending on the insurance company, but it generally involves contacting the insurance company and providing details about the incident. You may be asked to provide documentation such as police reports, repair estimates, and receipts. It’s important to keep detailed records of all expenses related to the incident.
- Renewal: Most car insurance policies have a term of one year, after which you will need to renew your policy. You may be able to renew your policy online, but you may also need to reach out to the insurance company for renewal. It’s a good idea to compare quotes from different insurance companies when your policy is up for renewal to ensure you’re still getting the best deal.
It’s important to keep in mind that online car insurance policies work in the same way as traditional insurance policies, but the process of buying and managing the policy is done entirely online. This can make it easier and more convenient for you to manage your car insurance, but it’s always a good idea to read the policy document carefully to understand what’s covered and what’s not.
Car Insurance Quotes Online
Car Insurance Quotes – the value of a car/ automobile insurance quote is named the premium. The premium for a 3rd party plan is fixed by the Insurance Regulatory and Development Authority (IRDAI), which varies on different engine capacities. However, the premium for standalone own-damage and comprehensive car/ automobile insurance plans have supported a variety of things like the extent of coverage, make, model, and variant of the car, sort of fuel of the car, RTO location, and so on.
What are the Factors Affecting Vehicle/Car Insurance Quotes?
There are a variety of things that affect the premium quote of car/ automobile insurance. a number of them are as follow:
1. Type of the Plan
The premium of the plan depends on the coverage opted for. Wider the coverage, the greater the premium. There are three basic sorts of car/ automobile insurance that supported the coverage they provide:
- Third-Party Insurance: this sort of insurance is compulsory and covers the value of third-party liabilities including bodily injuries, death, and property damage.
- Standalone Own-Damage Insurance: This covers the value of the policyholder’s vehicle damage just in case of a mishap but isn’t compulsory.
- Comprehensive Car Insurance: this sort of canopy provides compensation for both third-party liabilities and own-damage costs under one premium making it the best hassle-free option of the three.
2. MMV of Your Car/Vehicle
The primary factor which affects the premium quote of your car/ automobile insurance policy is your car’s MMV – make, model, and variant.
3. Fuel Type
Another factor that affects the premium quote of a policy is the fuel sort of the car/vehicle. Different premiums are charged for diesel cars and different premiums are quoted for petrol cars.
4. Policyholder’s Profession
Insurance companies give weightage to the correlation between the policyholder’s risk of accident and their professions and hence adjust the premium accordingly. People involved in professions like cab drivers, and delivery agents are usually at a better side of risk and thus a comparatively higher premium charged to me.
5. Policyholder’s Credit Score
Many insurance companies take into consideration the credit score of the applicant to work out the car/ automobile insurance Premium.
6. Car Size
Generally larger cars are considered safer than smaller cars in accidents. Therefore, often insurance companies offer relatively lower premiums to greater cars than smaller ones.
7. Car’s Safety Rating
Buying a car with a high safety rating means can assist you to get a car/ automobile insurance plan at a comparatively lower premium thanks to increased safety and lower chances of meeting an accident.
9. Policyholder’s Driving History
If the owner of the car/vehicle has been in accidents or has made previous car/ automobile insurance claims, the insurance firm will tend to charge a comparatively higher premium to such individuals.
How To Get the Best car/ automobile insurance Quotes at InsuranceDekho?
To use the car/vehicle Insurance quotes calculator, you would like to follow the subsequent steps:
Step 1: attend InsuranceDekho
Step 2: Select the car tab and write your license number. If you don’t know the car number then click on “Don’t know your car number?” and choose the brand, model, fuel type, variant, registration year, and registration city to continue.
Step 3: Further Proceed by entering your name and mobile number
Step 4: Click on “Submit and obtain Quotes”. Customized quotes for you’ll appear on the screen.
How to Compare car/ automobile insurance quotes Online?
The following tips will assist you to compare different car/ automobile insurance policies to assist you to discover the one best suited to your needs:
- Understand what you need: a method to make sure that you simply can make an informed decision is to find out the fundamentals of car/ automobile insurance and its terminology. At InsuranceDekho we’ve created a variety of articles to assist you in this regard. Click here to read them. Knowing the fundamentals of car/ automobile insurance will assist you in understanding what your insurance needs are.
- Choose the proper insurance provider: There are a variety of pointers you’ll use to work out the reputation of the insurance provider. This includes the insurance settlement ratio, customer care reviews, the convenience of claim processing, etc. We usually make claims in times of distress and a non-efficient claim process can increase your frustrations at such a time.
- Check the terms and conditions of the policy: tons of the insurance is within the fine print. Hence, confirm to read the policy you select carefully, there are often a variety of things that aren’t covered mentioned there which will make the policy a nasty bargain.
- The cheapest policy isn’t the best: When comparing car/ automobile insurance policies, it’s easy to only veer towards the most cost-effective premium amount. However, confine mind low premiums also mean low coverage or high deductibles, this will prove costlier at the end of the day. the simplest policies are affordable and effective at an equivalent time.
How to Compare car/ automobile insurance Quotes Online on InsuranceDekho?
The following steps will assist you to compare the various car/ automobile insurance policies online:
Step 1: Visit our website InsuranceDekho.
Step 2: within the ‘Get Your Quote’ section provide the car license number and click on the button. If you are doing not have your license number for a few reasons you’ll also provide other information like the car’s make, model, and year of registration.
Step 3: Provide your personal details, i.e., your name and mobile number, and click on proceed.
Step 4: All the quotes of your category are going to be available on the screen. you’ll compare and choose the one that most accurately fits your needs. If you buy a comprehensive or own-damage cover you’ll also purchase add-on covers.
Step 5: Once you’ve got selected a policy best suited to your needs, you’ll make the payment for the policy and therefore the document is going to be sent to your registered email ID.
What are the advantages of Comparing car/ automobile insurance Online?
Online purchase is simpler and more effective nowadays because it is swift, simple, and suitable. the advantages of comparing car/ automobile insurance online are:
- Get Better Insurance Plans: Most policies have some value add-ons that increase the scope of the coverage it provides like free towing and other inbuilt add-ons. With online platforms like Insurancedekho comparing the various policies, the car/ automobile insurance companies and their network of cashless garages are often through with just a couple of clicks.
- Find A Reliable Company: Purchasing insurance from a reputable website like ours ensures that your insurance is completed safely, with no chance of you being scammed. Comparing the policy by comparing helps you get the policy from a trusted and reliable insurance firm, which can assist you to get a safer car/ automobile insurance experience.
- Convenient Insurance Experience: Purchasing insurance is now very simple online, you’ll roll in the hay yourself. Moreover, just in case you lose your document it’s also easy to exchange it in this manner.
- You can Save on Premium Costs: Different car/ automobile insurance companies offer plans at different prices. Policy comparison will assist you to find car/ automobile insurance policies offered by some insurance companies at low prices or with discounts. Therefore, comparing car/ automobile insurance policies will assist you to find the simplest car/ automobile insurance deal.
- Easy Claim Settlement: car/ automobile insurance comparison provides you assistance in claim settlement also. It becomes possible as during the comparison you’ll select the insurance firm with a good range of network garages and a high claim settlement ratio, which ultimately confirms a simple and speedy claim settlement process.
What are the Pros and Cons of Buying Insurance Online?
Pros
The pros of shopping for a car/ automobile insurance plan are as follows:
- You can choose between a good sort of plan and may choose the simplest one based on your requirements and budget.
- You can make comparisons of costs, features, coverage, and benefits offered by different plans under one single platform i.e InsuranceDekho.
- The whole online policy-buying process is cost-effective and convenient because it involves lesser paperwork.
- The online policy purchasing process allows the policyholder to form decisions for themselves like policy renewal, paying premiums, keeping a track of investments, etc.
Cons
The cons of shopping for a car/ automobile insurance plan online are as follows:
- There are a couple of shortcomings of shopping for a car/ automobile insurance plan online, and one among them is the lack of customization. Moreover, one also can not negotiate over the various plan rates online.
- One must keep an eye fixed on web scams as there’s information regarding your personal and financial data on the website of the insurance firm from where you’ve got bought the policy from.
- Lack of prior knowledge regarding insurance and computer usage to form a well-informed decision.
- Lack of familiar assistance during the time of claim filing.
