The age of Internet has made most processes quicker and easier than before. Be it shopping for apparel, paying utility bills, or advertising your products online, you are probably surprised at the quick turnaround time, speed of service, and the facilities offered by web-based activities and transactions. Your car insurance renewal is no different.
Now you can go ahead and log into your favoured insurance provider’s website to compare plans, browse for policies, check the best car insurance premium, and also purchase the desired policy in just a few easy steps – that too at nitro speed!
Car Insurance Renewal Policies to Secure Your Car
Given below are certain essential factors of consideration that you need to keep in mind while going about the task of your car insurance renewal:
Type of plan
To secure your vehicle in the best possible way, you need to decide upon the type of policy that suits your coverage needs, the budget for premium, etc. Would you like to go for the obligatory third party liability car insurance policy that offers cover to the damages inflicted on third parties only? Or, would you rather go for the comprehensive car insurance plan that covers the damages caused to your vehicle as well? You need to decide accordingly.
Cashless provisions at affiliated garages
It is a good idea to check if your favourite garage has a tie-up with the insurance company for cashless claims. This will help you avoid the hassles of running from pillar to post for reimbursements after insurance renewal.
Insured Declared Value or IDV
IDV refers to the basic amount defined by the insurer as per the current year’s market value of the automobile in the reckoning. You will be entitled to receive a maximum of the allocated sum in case of total loss or theft of your car once the renewal is in place.
No Claim Bonus or NCB
In case you do not put in a claim for an entire year, you will be entitled to additional coverage wherein a pre-defined percentage of the IDV may be offered to you as a bonus on renewal – do check for NCB before going ahead with your online car insurance renewal process.
Car Insurance Renewal Method has now Become Faster!
It takes the shortest possible time and just a few simple steps to renew your car insurance online through portals like coverfox.com. Here are the steps in which you can move from start to finish in just about no time!
Remember your renewal date
Once you get a reminder about your car insurance renewal date via email or SMS from your provider, just record the date in your computer or diary to make no mistake. It is a good idea to initiate the renewal process at least a month before your insurance cover expires.
Enter policy details correctly
As you go about the task of renewing your car insurance online, you will be prompted to fill in certain details like the premium amount, IDV, coverage period, personal details, etc. – make sure you enter them correctly after you log into the desired insurer’s website.
Once the form is completed, and the information filed by you is processed, you will be guided to the payment page. Renewal of your car insurance plans can be done in a secure and quick manner by using your credit card, debit card, or net banking details.
Await renewal acknowledgement
Once your payment goes through, and all necessary details have been verified to be correct, you will receive an acknowledgement for car insurance renewal. This completes the entire procedure of securing your car once again without having to step out of your comfort zone.
Opt for Car Insurance Renewal at the Earliest
When you choose to drive on Indian roads without having adequate cover in place, you become susceptible to several hazards that can be avoided by taking prompt actions on your part. You and your vehicle are indefensible in case of accidental damages and injuries if your insurance plan has expired. So, linger no longer and get access to the easiest means of renewing your car insurance online on portals like Coverfox.com – you will be glad you did!