Car Insurance: Online car insurance policy renewal

Car insurance


Car insurance: Car insurance is compulsory so choose the plan wisely. Now you can save money, get discounts and get the best deal through policybuger. Compare different plans and buy hassle free.
Car Insurance
Car Insurance
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If your car gets damaged or stolen then car insurance or motor insurance is covered for losses. The premium amount of your car insurance is fixed on the basis of the insured declared value of the vehicle or the IDV. If you increase the IDV then the premium increases and if you reduce it then the premium decreases. It is important to compare different auto insurance options before going for a car insurance renewal for any policyholder or before purchasing a new policy.



Major Benefits of Car Insurance


The car insurance plan offers the following benefits:


  • Coverage about loss or damage to the insured vehicle.
  • Coverage about damage to your vehicle due to accident, burglary, fire, explosion, self-ignition, power, riots, assault or terrorism, due to natural disasters.
  • Damage to coverage or property against financial liability due to injury / death of third party.
  • Personal accident cover



Why is it necessary to compare car insurance policies?


It is important to compare car insurance policies because it can save a substantial amount and give you better coverage options. However, comparing policies can be a challenging task manually. The policy market makes it easy for you. When you compare quotations, you can save up to 55% on the car insurance premium and you can meet the add-ons and the benefits of your plan. Compare an informed purchase online and find out right before buying your car insurance plan.


There are three main types of car insurance -

Third Party Liability Coverage


Third party car insurance provides cover against any legal obligation of a third party when you are a defective driver. This includes damage / injury caused by another person / property by you! In India, the liability cover of a third party under the Motor Vehicles Act is legally mandatory.


Collision coverage


Conflict coverage protects financially against the loss of its car in terms of insurance, it gives insurance for insurance due to collision, which is usually an accident. Due to theft or vandalism, damage or loss is not included in collision coverage.


comprehensive coverage


A comprehensive coverage is comprehensive and includes car damage, vehicle theft, third party legal obligation and personal accident. Policy coverage for add-ons such as accessories cover, engine protector, zero depreciation cover, medical expenditure, etc. can be increased. This kind of coverage is the most popular because it provides end-to-end coverage and thus less stress for the policyholder



No Claim Bonus


For each claim-free year, the insurer is rewarded with a rebate on renewal premium. This discount is called - No Claim Bonus (NCB) It is cumulative and increases every year, it usually ranges from 10% to 50% and can save a substantial amount on your premiums.


Is not it involved in car insurance?



The following features are not usually included in car insurance:



  • If no policy is applicable, loss or damage
  • Always wear and tear in the carriage and its parts
  • Damage or damage to the vehicle when operated by a person without a valid driving license.
  • Damage or damage to the vehicle due to intoxication due to drugs, alcohol etc.
  • Loss or damage to the engine as a result of oil leakage.
  • Damage or damage to the vehicle as a result of misuse of the car manufacturer's guideline.

Eligibility / Documents Required for Car Insurance


Minimum documents are required to obtain a car insurance For a new policy, you will have to submit a copy of the completed form form and registration certificate (RC). For the renewal, you will need a copy of the RC (Registration Certificate) with a copy of the previous insurance policy.

Carefully fill your entire details. This is an important step and will save you a lot of trouble during the claim time.


How to compare online to the policy market?


On the policy market, you have to fill some simple details like car, model, version, year of construction etc. Then you will get quotes from various insurance providers. You will have to fill the form carefully to get better discounts. In this way you will get customized quote, which saves money (up to 55%) on premium and is also the best fit according to your needs.


When filling out the form, you should be familiar with the following words:



Car mak, models and variants


For calculation of base premium, this information is important. Excellent, powerful and expensive cars will attract more premiums. For example, an SUV car will always be a higher premium than the family car.


Year of production


The construction of your car allows the insurance company to assess the estimated declared value (IDV), which provides the underwriter to decide the annual premium for your car.


CNG Fit Car


Being more sensitive to combustion, a CNG Fit car is usually a bit more insured than plain petrol / diesel car.


Extra cover


You should tell if you want to get a cover on electrical and non-electrical goods in your car. Most insurance holders provide a cover for their car accessories, which is available at 4% additional premium at its expense.


Process steps to get a new four wheeler insurance policy:


Step 1: Log on to www.policybazaar.com and click on the product icon.

Step 2: If you want a fresh comparison of four wheel insurance plans, then click on 'Start your comparison'. If you have searched earlier, you can retrieve your previous searches and by clicking on 'Get past searches' you left it.

Step 3: Before starting the comparison, give your description of the car, make and give some details to the city like models, types of fuel, and car versions.

Step 4: To get a new insurance quote, click the key and the 'Next' button in all the details above in the form.

Step 5: On the next page, fill in your personal information like your full name, email address and mobile number, click 'View Quote' to proceed.

Step 6: In the quotes section, you will have a list of various auto insurance companies with discounted prices, add-ons and final prices. You can see the details of each plan and compare it with other plans.

Step 7: To get a discount on premium, click on the 'Get discount' button on the left side of the page. After clicking on the button, a form will appear, where you have to fill in your details. After completing the form, click on 'Apply Up Discount'.

Step 8: 24 * 7 As a side road support, click on 'Add-ons' to tie the list of extra extras in your car, no claim bonus (NCB) guard, engine keeper, key and lock Replacement and consumables

Step 9: If you want to include passengers under the plan, then click on 'Passenger / Driver cover'

Step 10: To find nearby motor garage, click on the 'Garage Locator' on the bottom left of the page.

Fill these details carefully and then sit back and relax for a while. You will be presented with a list of insurance plans, which will be available at the best possible rates as per your requirement.


Get discount, save money, buy smart


A smart client is in constant hunting for a discount, which will reduce the burden on his pocket. If you are one of them then here are some suggestions that will help you to get a discount and save money at the premium price of your car insurance.


Voluntary access


Voluntary deduction is the minimum amount you make announcing to bear at the time of the claim. The more you choose, the less your premium will be, just that it means that the financial burden on the insurance provider is low and when you are in the event of an accident or car loss you will also chip.


Anti-Theft Discounts


If your car is fitted with an ARAi approved anti-theft device, then your insurer will offer additional discounts (2.5% on OD premium). This discount is provided for a simple reason that an Anti-Theft device will be less responsible for theft of your car.


Privilege membership


Members of the Automobile Association and some professionals (defense personnel, doctors and government employees) are entitled to additional exemption on their premiums, so do not forget to mention it when searching for a quote.

When obtaining a quote for your vehicle in the policy market, you can see for yourself that by changing the slight details there is a lot of difference in the final calculation premium, for example, Dr. Take the case of Gupta. He is a doctor from the profession and his brand new Renault duster needs car insurance. His car is fit with an ARAI approved anti-theft kit while getting a car insurance quote, he neither mentions his profession nor the fact that his car is fit with anti-theft kit. Thus, he ends a high premium payment, on the contrary, if he had mentioned about them, then there is no need to say, his premium could be reduced by 25%.

When obtaining comparative quotes from the policy market always fill in your correct and complete details.

Buy and compare online car insurance quotes here easily in the policy market. Whether you want to buy a new policy for your car or renew your policy, get it properly in a few clicks