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How safe is your Online Car Insurance Renewal?

Meeta Sabnis Meeta Sabnis 27 January 2016

With the new-fangled trend of going ‘online’ for procuring everything right from footwear to food, car insurance certainly can’t lag behind. But then again, how safe it is to get your car insured online?

Here’s the answer.

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It’s not rocket science to know that as per the Motor Vehicle Act 1988, all cars must be insured before they hit the roads. For our own security and moreover, for the legal binding, we all dash towards insurers to get our vehicles insured in time. At the end of the policy period, when it’s time for the renewal, we rush to the insurer’s office once again to get the insurance renewed. Sounds familiar?

In this internet era, why is it even necessary to physical run around to get the car insurance renewed? With an incredible progression in the internet technology, renewing the car insurance or even purchasing a new one is equally safe and secure. What more? It saves an entire day and offers respite from the endless traffic queues.

Just a click away:

Every insurance company has a website and a specified page dedicated for the renewal of insurance. It is easy and most convenient to log in to the insurer’s website and fill up the renewal form and submit it instantly.

If you are a returning customer, your information could be already stored in the database of your insurer and hence it’s lot more convenient and time saving while renewing the insurance policy. Where physical interference would take hours, online transaction is carried out in just few seconds or should we say, in just a few clicks!

Watch this video and know how online car insurance renewal will help you!

Benefits of renewing car insurance online

Renewing your car insurance online could bring about host of benefits. Here are a few…

  • No broker charges: As there’s no broker involved, there’s no question of paying any broker charges. Dealing directly with the insurance company saves you from these unnecessary costs.

  • Safer payments: As all the payments made online are processed through secured gateways, any threat or misconduct or loss of money is entirely ruled out. Rest assured, your money is safe and can be easily tracked, if required. All you need is a debit or a credit card or a net banking account with your bank.

  • Time saving and cost cutting: As mentioned earlier, one of the major benefits of using internet for renewal of car insurance is time saving. Imagine, you have an important meeting scheduled for the day and your car insurance is due for renewal too. An online renewal, in case like this, can be immensely beneficial where you can just go online and renew the policy. What more, your policy arrives in your email inbox within few minutes and you’re ready to go.

  • Easier to manage: With scores of value added services offered by the insurers, it’s easier to manage the entire process so smoothly. You can even create your own online account with the insurer where all your data along with the policy documents is stored. All you need to do is login and access the same. You can even take the print of your policy document in case required.

  • Deals, deals, deals: Yes, we mean it! If you invest a little time in appropriate homework and comparing the quotes for your car insurance across various insurance companies, chances are you’ll end up getting a superior deal. Also, it’ll help you take a better call on the coverage as per your requirement. By the same token, you can also read about the reviews of the insurance companies and the customer experiences before you make the final payment.

  • Policy in a minute: Once you choose the right insurance plan and make the payment, your policy documents are emailed to you within few minutes. For an immediate action, you can take the print out and it’s a valid document. At the same time, the physical copies are dispatched to your registered address.

Now that you know how safe, convenient and time saving it is to get your car insurance online, why go for agents or physical visits to the insurance companies? Even better, call Coverfox for amazing deals and an unmatched customer experience.

Meeta Sabnis
Written by Meeta Sabnis
Her mantra in life is to dream, and dream until you turn them into reality. A neurotic Kajol fan, Meeta loves spending time with her gorgeous twins, ensuring a childhood they’ll be proud of. Bargain hunting, crazy dancing and romancing alphabets are some of her other cravings. She’s currently a Content Writer at Coverfox.