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Smart Tips to Buy Auto Insurance

Updated on December 4, 2019 , 46 views

Confused how to buy Auto insurance? Buying a car insurance or auto insurance plan can be tricky if you are unable to choose the right insurer and the right cover. But, in today’s time, with the availability of the internet, getting insurance has become extremely easy and hassle-free! You can buy/renew Car Insurance Online, but before buying, it is advisable to get quotes from different insurers and then compare car insurance so that you get the best deal! To help you find the right plan, we have listed a few steps that you need to follow!

Tips to Buy Auto Insurance

Understand Types

Before buying a policy it is important to know its different types. Auto Insurance, also known as Motor Insurance or Car Insurance mainly has two types - Third Party Insurance and Comprehensive Car Insurance. Third party insurance policy ensures that you would not have to bear any sort of legal liability or expenses arising from an accident that has caused loss or damage to the third person. But, the policy does not provide coverage for any loss or damage caused to the owner’s vehicle or to the insured. Whereas, comprehensive car insurance provides cover against the third party and also cover loss/damage occurred to the insured vehicle or to the insured. This scheme also covers damages caused to the vehicle due to thefts, legal liabilities, personal accidents, man-made/natural calamities, etc.

Compare Car Insurance

While doing a car insurance comparison, it is very important to look for a plan that provides adequate coverage. Depending on your car model, date of manufacturing and engine type (petrol/diesel/CNG) you need to understand what covers are required for your car. Apart from this, check the availability of optional coverage such as roadside assistance, Personal Accident covers for driver & passengers and no-claim bonus discounts. Doing an effective auto insurance comparison helps you in getting the quality plan from the top insurers.

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Add-ons

Customers who need extra protection for their vehicle can opt for extra coverage in the policy. Some common coverage add-ons are engine protector, zero depreciation cover, accessories cover, medical expense, etc. Add-ons may increase your premium, but if you have an expensive car, it’s worth adding.

Take Car Insurance Quotes from Different Insurers

While doing a vehicle insurance comparison, you need to consider the amount you are willing to pay as premium. Thus, obtain quotes from multiple Insurance companies via online, compare premiums and features to take a concerted decision on which policy to opt for.

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Buy/Renew Car Insurance Online

Buying or renewing auto insurance policy online can save your time. Many insurance companies offer online purchase of a plan or policy renewal through their web portal and sometimes even through mobile apps. Customers can avail this advance option to renew or buy an auto insurance plan, at their comfort. While buying a policy, customers may need to submit all the relevant information such as vehicle registration number, license number, date of manufacturing, model number, insured personal details, etc. To avoid any hassles, it is advisable for customers to renew their policy before an expiry date!

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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