Car insurance online plans are provided by many car insurance companies in India. If you have a car that you drive on regular basis, you should consider the best car insurance policy online. Driving on crowded roads of India entails a lot of hazards, so you need effective car insurance online policy to stay safe. The best car insurance online plans available provide all-encompassing coverage to ensure you are financially secured in case of any mishap on road.
Car Insurance Online Plan Coverage
Generally, car insurance online plans offer two types of coverage - third party liability and comprehensive coverage.
Third Party Liability Coverage
If you are armed with a car insurance policy with third-party coverage, you don’t have to suffer any financial loss even if your car is responsible for any third party losses. This plan protects the insured economically in case of third party property damage, death, and physical injury. Since third-party liability coverage is mandatory in India, you have to avail this coverage.
Comprehensive Coverage
Although comprehensive coverage is optional in India, it is strongly recommended that you go for this coverage while purchasing any car insurance policy online. Even though a comprehensive car insurance policy costs more than liability only online car insurance plan, it covers the losses to the insured vehicle and thus saves the car-owners like from massive financial loss. The comprehensive coverage of car insurance policy shields the car of the policyholders from a range of natural and manmade perils.
Personal Accident Coverage
Apart from covering damages to the insured vehicle, online car insurance policies also compensate in case of accident of the policyholders. It pays out Rs. 2 Lakhs as personal accident coverage only if the owner-driver carries a valid driving license at the time of the mishap.
Apart from this, if you choose to pay an additional premium, you can enhance the coverage that includes coverage for paid driver and other employees.
Car Insurance Renewal
If you purchase a car insurance policy, you should consider car insurance renewal. Motor insurance renewal is inevitable when your car insurance policy is about to expire. Car insurance renewal needs to be done within 90 days or you will lose all the accumulated benefits. On renewal, you are entitled to get NCB if you don’t make any claim in the previous year. You can also opt for voluntary deductible at the time of your car insurance renewal to minimize your online car insurance premium. You can also shift your online car insurance policy to another provider. Hence, to keep continuation in policy coverage, you should not miss out car insurance renewal.
To find out the best car insurance policies online, you have to compare motor insurance online. A comparison is the best way of choosing the best policy. GIBL.IN, an online insurance broking portal can help you in this aspect as 32+ renowned insurers are associated with this portal. You can buy or renew a car online from GIBL.IN to get the best insurance policy for your prized possession.
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