Dreams are what keep us going! We all thrive to lead a peaceful life that urges us to strive hard to make all our dreams come true; be it big or small; hopes are indeed the driving force that keeps us moving! The accomplishment of our little dreams is in fact self-appreciation!
Now owning a car is quite a dream for many people! The pleasure and pride that gushes through your veins when the keys of your hard-earned car are being dropped into your hands is genuine ecstasy!
But to keep your dream property safe and secure, owning and parking it in your garage won’t be enough! You ought to take up a car insurance policy before you take it to the roads. It is mandatory to own a car insurance policy as per the Indian regulations. And if you are confused about how to choose the best plan out of myriads of policies, Best car insurance online is the best way to compare and choose between different policies.
What is the role of car insurance?
Car insurance, just like any other insurance ensures to keep your property safe and secure and to meet any accidents or financial emergencies by providing you with the required amount you have claimed for.
Listed below are few of the reasons of why taking up car insurance is a must!
- To cover accidental damages:
While you’re travelling you don’t just need to wear safety equipment, but should also get yourself covered by an insurance policy that can safeguard you from accidents and other hazards. After all, we don’t know what will happen next. So it’s better to be safe than repent later.
- To remain covered for medical bills
If you have been in an accident and you have to undergo surgery or other expensive treatments, car insurance online can help you stay financially strong during times of adversity. Since hospital bills are rising high, you need to plan your life in a good way to keep yourself stable and car insurance is a good way to start it.
- Natural calamities
A comprehensive car insurance policy can be the best aid to protect you against the natural calamities. Car insurance can help you cope up with all the natural and man-made calamities.
- Theft and Vandalism
In recent days, the cases of theft and vandalism have grown like never before. You just park your car and go shopping and when you return, the car is nowhere in your vicinity. To stay away from the impact of theft and damage to your car, always get car insurance beforehand.
- To fulfil Legal Requirements
It has been made mandatory by Indian Motor Vehicles Act, 1988 to get your vehicle covered under at least a third party car insurance policy. If you don’t abide by it you can even be penalized.
Facts about Car Insurance Online
- An important point to be noted when you set out to buy policies online is, the premiums that the companies offer are lower than that of offline policies. Since one is buying insurance directly from the insurance company, any distributors’ margins or commissions are eliminated.
- Comparing policies online can be a daunting task. But when you choose to do it online, the process is much straighter forward and time-saving. And while comparing, listed below are the factors on which you need to compare!
- Shortlist your requirements before you compare and comprehend – sketching out the needs and necessities are things that one needs to do. Being aware of our financial stability is also quite essential. To choose between liability cover and the comprehensive cover is also a must.
- Compare the coverage option.
Different policies provide us with different coverage. So be well aware of each of them. And this is quite easy when you decide to buy car insurance online.
- You need to compare the Insured Declare Value. Older the car, higher will be the depreciation, and lower will be the IDV.
- Compare claim settlement
Claim settlement indeed is the most crucial factor to be considered while choosing policies online. So compare the preference list of plans and how quick their claim settlement policies are.
One could also choose to customize the plans by adding add-ons! Buying online car insurance will also allow you to avail discounts.
So compare and comprehend different online car insurance policies and choose what suits you the best. Keep your car safe from theft or accidents by owning an ideal car insurance online.