Way of Choosing the Best Car Insurance Policy in India

If you have a car, then definitely you need to purchase a car insurance policy. Four wheeler insurance is not a luxury; it is a legal requirement in India. Ample of car insurance policies are on offer in India. So it is indeed a daunting task to pick up the right car insurance plan in India. So while purchasing any car insurance policies, you have to compare with car insurance quotes available online and then choose the best one. In recent times, online car insurance policies are highly sought-after as these policies are much easier to buy and renew. Here we will discuss step by step methods of choosing the best car insurance policy

Car Insurance Policies in India

There are many car insurance companies and they offer two types of car insurance policies. Let’s take a look at these two types of online car insurance policies available in India.

• Third Party Plan: It is a mandatory car insurance plan with liability coverage. This plan keeps car-owners in India financially protected by taking care of their liabilities to third parties. Liability only car insurance policies offer financial compensation in case of third party property damage, death and accidental physical injuries of third parties as a result of any mishap.
• Comprehensive Plan: Even though, this type of coverage is optional, most car-owners in India consider this type of car insurance policies as the best car insurance plans. These car insurance policies keep the insured car of policyholders protected. It covers financial losses of car-owners due to theft and damages to the insured vehicle. Best car insurance plans with comprehensive coverage offer protection against a wide range of natural and manmade calamities that include flood, earthquake, storm, lightning, riot, strike. A comprehensive car insurance plan also covers financial losses due to theft and burglary. So it is always suggested to go for a comprehensive motor insurance plan.

Best Car Insurers in India

After selecting the coverage for vehicle insurance, now it is the time to choose the best car insurers in India. Car insurance plans in India on offer from various providers are more or less the same. Therefore, you ought to check the performance of car insurance companies and services to their customers. Here are the key factors that determine the quality and reliability of a car insurance company in India.

Customer Support: Most motor insurers provide 24×7 online customer support. So, you should look for a company with a unique offering for customers.

Cashless garage network: Many insurers facilitate customers with a cashless facility when it comes to repairing or replacing damaged car parts and come with an extensive network of a cashless garage. You should select an insurer with maximum cashless garages in the network

Claim Settlement: Your car insurance policy will be of no use if your claim does not get approved. Therefore, you should resort to a motor insurance company that boasts the best claim settlement record in India as your claim approval chance will be highest with that provider.

Apart from all these, while purchasing the best policy you should compare car insurance online quote and then choose the best one. GIBL.IN an online insurance marketplace can give you this opportunity to choose the best car insurance policy in India.