It takes a lot of hard work and sleepless nights to attain the key to your dream car. But remember, this prized possession is prone to damage at any time. Therefore, it is very important to understand the fact that after you purchase your favourite vehicle, going for the right car insurance also plays a significant role. With the onset of digitalisation in recent years, to buy car insurance online is as easy as ordering food nowadays. But choosing the right car insurance policy can make all the difference in case of an accident, theft, or any other damage to your car. One simply has to go on the internet and search ‘car insurance online, then opt for the best one.
Not only does it save you a lot of money, but car insurance also tends to provide a level of confidence to you while driving your vehicle. Furthermore, it saves you the overall stress and financial loss you may incur if you encounter an unforeseen incident.
However, buying car insurance online is undoubtedly a smart choice.
Here are the top five reasons –
One of the prime reasons you should purchase insurance online is that it is quite inexpensive from the plans available offline. This is because the offline procedures are managed by agents who might charge a fee to the insurance firm for selling their products. Whereas in the online setting, you just have to pay the necessary processing fee and no additional expenditures. So go for car insurance online and pay 0% commission charges.
● Minimum Paperwork
Going for car insurance offline in today’s era is not a wise decision. This is because it includes a lot of paperwork which one needs to fill up during the purchase. Also, it is very time-consuming. However, going for online car insurance is a smart call as it saves a lot of paper, money and time.
● Comparing becomes easy
It is human nature and a very important step to compare the car insurance plan you are going for with other alternatives. It is very easy, and one can do the same from the convenience of their home. Making an online comparison before buying car insurance online helps you determine what suits you.
● Easy Renewal Procedure
Knowing that your car insurance policy has an expiry date and isn’t a one-time investment is essential. So, you need to renew it before its validity ends to continue your coverage against unforeseen events. When you purchase online car insurance, you’ll get regular notifications on your smartphone to renew it, but sadly, in the offline mode, you would have to visit the insurance company or pay unnecessary charges to the agent. Choose wisely!
● Easy endorsements
The endorsement forms are used for making changes to your policy documents. If you go with the offline method and there are any errors in the documents, you will be required to re-submit all the details with the endorsement form. However, when you go for car insurance online, you can simply submit a self-declaration for making changes to the policy with only a few taps.
Around seven months back, I was finally financially stable to purchase my dream car. Now, to be very honest here, I have been using the Bajaj Finserv application for the past one and a half year for all my digital payments from bills, recharges and to even filing my income tax recently. So even for my car insurance online, I just went to this same application and purchased it with just a few taps.
(Application name – Bajaj Finserv: UPI, Pay, Loans. It is available for both Play Store and App Store if you wish to download it.)
Even in 2022, if you are completing certain tasks offline that can be quickly done online, remember, it’s not a wise call. Keep in mind that going digital tends to save a lot of time, money and even energy.