How To Pay Car Insurance Online? Here’s A Quick Guide

Car prices have been increasing due to various factors. Rising fuel prices, increase in the cost of raw materials, and the taxes applied, are some factors. Change in government guidelines can also cause a price rise. Getting a car in such situations can be a pricey investment. Therefore, it is important for you to safeguard this investment from any harms that might come its way. This can be done with the help of car insurance policy , which can be easily purchased online.

How To Pay Car Insurance Online?

If you have purchased a new car and wish to purchase car insurance for the same, you can purchase the policy online. Go through the following steps:

1. Visit the insurer’s website

Access the website of the insurer from whom you wish to purchase your four-wheeler insurance. Select the ‘buy four-wheeler insurance’ option to initiate the process. You can carry out this step on your computer or mobile.

2. Enter your details

You need to enter some personal details such as your name and number, your car’s make and model. After filling up these details, submit them and proceed to the next step.

3. Select the policy

Once you submit your details, the next page will show you the types of policies you can purchase. You can select from third-party, comprehensive, and standalone policy for your car.

4. Customise the policy

If you opt for the comprehensive policy, you can customise your policy by including add-ons in the policy. Add-ons such as zero-depreciation cover, NCB protection, and roadside assistance can be included in the policy. You can also select the duration of the policy as per your requirement.

5. Finish the payment process

After you have filled up the details and customised the policy, you are required to pay to finish the process. The payment can be made safely on the website. Once you have finished the payment process, the payment receipt and the soft copy of your policy will be mailed to you.

Car Insurance renewal

As you can see, the payment process is quick, simple, and less complicated than one might imagine. However, if you own a policy, and you wish to renew it, here are the steps for car insurance renewal:

1. Visit your insurer’s website

Access the website of your insurer, and from the homepage, select the policy renewal option.

2. Enter your details

Enter the details of your existing policy, like the policy number, the add-ons you have in your policy, and additional details such as your car’s registration number and your contact details. Submit these details to proceed.

3. Go for any required customisations

If you feel that you need to increase/reduce the number of add-ons in your policy, you can customise your policy accordingly. Similarly, you can increase/decrease the duration of the policy as per your requirement.

4. Pay for the policy

After you have finalised all the details of your policy, make the online payment to activate your policy. After the payment is complete, the receipt and your renewed policy will be mailed to you. By following these steps, you can renew your policy online from anywhere.

Benefits Of Paying For Car Insurance Online

If you are wondering how buying/renewing insurance for your four-wheeler can help you, here are some possible benefits:

1. Existence of a digital record of your purchases - you can track your future payments.
2. Convenience of the insurer’s website and app - there are no time restrictions for purchasing/renewing the policy. Renewal date needs to be considered while renewing.
3. No hidden or extra charges for the policy - there are no external parties involved in the transaction.
4. Quick and secure payment process – you also get multiple payment options at your disposal.
5. Instant access to the digital copy of your policy – you can find everything connected to your account when you require it.

Tips For Purchasing A Policy Online

Let’s look at some tips to expect a hassle-free experience for your policy purchase:

1. Carry out the proper research on the policy you wish to purchase. Check if the policy matches your requirements. Select the type of your policy accordingly.
2. Compare different insurers online. Check for their claim settlement ratio, cost of the policy, and the option of add-ons offered among other things.
3. Check for any additional savings are offered by the insurer at the time of purchasing their policy.

Conclusion

By following the steps mentioned above, you can easily purchase a policy for your four-wheeler. Alternatively, you can carry out your car insurance renewal online as well with just a few clicks. You can always browse through the website of the insurer for more information.   *Standard T&C apply Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.