Car insurance comparison is something which should precede your car insurance purchase. As a car insurance shopper, it can be overwhelming to find the best motor insurance quote. However, not doing a thorough comparison of your motor insurance can cost you a lot of money and/or leaves you with inadequate coverage. When you compare car insurance you not only need to look at the different coverage options and the insurance rates, but also check the fine print and exemptions very carefully. In this article, we provide a point-by-point breakdown that will help you compare car insurance policy that best fits your needs
Car insurance comparison can easily be done online. Comparison of car insurance online is easy and helps you get a policy offering the lowest premiums. But when you want to figure out the best coverage, it is important to choose an insurance provider that provides the most bang for buck.
Run a Search on Comparison Websites While you can always approach insurance agents for the car insurance quotes, car insurance comparison sites have just made your job much easier and less time consuming. These sites take your details, run them through the websites of insurance providers, and provide a series of quotes in price order. You can also complete the online quote forms on individual websites. This will provide you a comprehensive list of quotes to choose from
Car insurance comparison should be done in a prudent way. The first thing that you would look at while comparing insurance is the final premium that you would need to pay. However, the cheapest car insurance may actually end up providing you the least amount of coverage after an accident. This is why instead of the cheapest policy you need to find a policy that you can comfortably afford and which provides the coverage that you need.
While doing car insurance comparison, take care of the coverage options. The car insurance should protect against loss or damage to the car against natural calamities such as fire, storm, flood, etc. It protects against man-made calamities such as theft, riot or damage in transit. The car insurance also protects against third party liability. Apart from this, check the availability of optional coverage's such as roadside assistance, NCB discounts and PA cover for passengers and drivers. Before choosing a policy, understand your financial risk tolerance, your budget and driving habits. This way you will choose a policy and add-on covers that suit your needs.
Car insurance comparison also refers to prudent comparison of premiums and deductibles. Before you can purchase the car insurance premium, you need to take a decision on the amount of deductibles. A car insurance deductible is the amount of money you have to pay toward repairs before your insurance covers the rest. So if you have to pay Rs. 20000 for your repairs after accident and your chosen deductible is Rs. 5000, then the insurance will pay Rs. 15000 for the repairs. Increasing the amount of deductible cuts back on your premium.
Once you have matched the coverage and the deductibles, look for discounts while purchasing car insurance. For example, No Claim Bonus rewards a good driver and reduces the insurance premium.
Car insurance comparison is successful when you compare across credible companies. You may get a policy which gives total coverage at the least price. Sound too good to be true? Watch out for shady, unreliable companies. Opt for a good, reputed insurance company with a good claims settlement ratio. Also factor in customer service and seek out customer reviews of the company.
Our Car Insurance policy provides the following key benefits:
No Claim Period
Transfer up to 50% of your existing No Claim Bonus from any insurance provider.
Cashless Claim Facility
Cashless claims at over 1500 preferred garages. Receive 75% on account payment when cashless facility is not available.
24X7 Spot Assistance
Our promise to take care of you and your car does not have opening and closing hours. We provide a Pan-India cover option for car insurance policyholders who need assistance while on the road. Whatever you need from us – repair of flat tyre, jump start for car battery, on-road towing assistance or legal advice in case of an accident – we’re at your beck and call round the clock.
Motor On-The-Spot
If you can do something with a few clicks, why spend time to do it in person? Motor On-The-Spot allows you to conduct a self-survey of your vehicle in case of an accident. Settle claims on the spot in a hassle-free way.
4000+ Network Garages
Your convenience is our priority, which is why we tied-up with 4000+ garages. Avail cashless claim settlement and high-quality services at any of your preferred network garages across the country. Cashless garage service offers quick service minus the hassles.
Loss or damage to your car and two-wheeler against natural calamities
Fire, explosion, self-ignition or lightning...
Read moreFire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide and rockslide.
Loss or damage to your car and two-wheeler against man-made calamities
Burglary, theft, riot, strike, malicious act...
Read moreBurglary, theft, riot, strike, malicious act, accident by external means, terrorist activity, any damage in transit by road, rail, inland waterway, lift, elevator or air.
Personal Accident Cover
Coverage of Rs. 1 lakh for the individual owner/driver of...
Read moreCoverage of Rs. 1 lakh for the individual owner/driver of the vehicle while driving or travelling and mounting or dismounting from the two-wheeler. Optional personal accident covers for co-passengers available.
Third Party Legal Liability
Protection against legal liability due to accidental damages ....
Read moreProtection against legal liability due to accidental damages resulting in the permanent injury or death of a person, and damage caused to the surrounding property.
Depreciation
Normal wear and tear and general ageing of the vehicle and consumables like tyres and tubes is not covered. Neither is depreciation or any consequential loss.
Influence of Substances
We promote safe driving and hence, any damage caused to the vehicle by a person driving it under the influence of substances like liquor or drugs is not covered.
Invalid license
Since getting your wheels on the road without a valid license is illegal, we too do not cover damages caused by a person driving the vehicle without a valid license.
War, Mutiny or Nuclear Risk
Just like in a zombie apocalypse, the situation during war, mutiny and nuclear risk, is chaotic and uncontrollable and any damage to your car during such events is not covered.
Ajay Talekar Mumbai
Very good portal with all information on few clicks are available.
Nilesh Kunte
Nice easy to understand Website. Website works properly with no hiccups and transactions processes while buying Motor vehicle insurance.
Bhushan Kawatkar
I have got a fantastic deal and guidance from Bajaj Allianz and purchased car policy online. thank you
Disclaimer
I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.
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