Getting car insurance online is a convenient option that most people choose to secure the pocket in case of an accident. In India, every car must have insurance. As per the Motor Vehicles Act of 1988, every vehicle must have third-party car insurance; otherwise, one has to pay a fine as per rules.
Four wheeler insurance online is broadly divided into two types, comprehensive and third-party car insurance. As the name suggests, comprehensive four wheeler insurance is a great option to safeguard the financial obligation towards all parties in an accident. Having a third-party car insurance cover keeps you safe when the third party is harmed in the accident, making it necessary and unavoidable. However, before buying third-party car insurance, you must keep a few tips in mind. Ensure that your policy offers the following benefits:
- The policy should cover all damages towards a third-party vehicle in an accident, ensuring that you do not need to spend money on the repairs of a third-party vehicle.
- All third-party medical expenses must be covered if an individual is harmed. Hence, all the treatment costs are covered in your insurance plan, subject to the insurer’s discretion.
- If a third-party individual is critically harmed, leading to their death, the cost for the same must be covered too.
- You must have the options for add-ons such as personal accident cover.
Apart from the above benefits, one important point to note is that your third-party insurance cover provider has a high claim settlement ratio, which will help you get a seamless experience. Here are a few ways of getting third-party car insurance:
Get third party car insurance online from the insurer’s website
You can buy third-party four wheeler insurance online by visiting the insurance provider’s website. Fill in the details of your car, and once your details are verified, the insurer’s website will generate the best car insurance deals for you.
You must carefully go through the terms and conditions for all plans to understand the benefits of different insurance covers. Once you are satisfied with the information, choose an insurance cover that best suits your needs. In today’s digital world, buying four wheeler insurance online is easy, and you can secure it with gateway-protected payment options.
Therefore, once you decide which car insurance to buy, you can choose the cover and premium amount. Once done, the premium can be paid online through various transaction mediums such as UPI, net banking, etc. Subsequently, you will get all the insurance coverage details on your registered email address. Keep a record of the documents and note your renewal and premium payment dates.
If you have any queries or concerns, you can connect with customer care online and get them resolved quickly. All these facilities ensure that your decision to buy four wheeler insurance online is safe and secure.
You must also gain details about the add-ons to your third-party car insurance covers, which will help you in the long run when you want to renew or upgrade your four wheeler insurance plan.
Getting car insurance through insurance agents: Pros & Cons
Sometimes, going through several car insurance plans might not be possible for you due to a shortage of time. You might think of taking assistance from an insurance agent at such times. Insurance agents have the necessary expertise of understanding the differences between car insurance plans minutely. Hence, they know which insurance policies are the best.
Therefore, seeking their help might not be a bad idea, especially if you have never purchased a car insurance policy before. However, ensure that the insurance agent/broker has a good and clean record for filing claims and getting them settled, as you would need his assistance and support after an accident. Avoid subscribing to their services if the agent charges a high fee or commission. Here are some pros and cons of subscribing to the services of an insurance agent.
Pros
- The time you need to search for a car insurance plan tailored to your needs is saved as an insurance agent will recommend the best plan.
- You don’t have to struggle through various procedures like filling the online application, making an online payment, etc. The insurance agent will take care of most things and make sure that your vehicle is covered as soon as possible.
- An insurance agent would also help you claim the reimbursement after an accident.
Cons
- You will not experience comparing various plans and weighing their positives or negatives as most of the formalities will be completed by the broker or agent.
- The commission charged by an insurance agent can be avoided if you buy car insurance online.
- You might get too dependent on the agent while filing claims. The agent might be handling multiple clients at a time. Therefore, you might not always get the cooperation and support from the agent that you expect.
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