I have a car insurance cover close to expiry in few days and I want to renew it online. This is the first time that I am going to renew my online motor insurance so I am not acquainted with the steps to be followed or the paperwork necessary. Can someone explain to me how to renew my car insurance online in India?
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Online renewal of your motor insurance policy is comfortable and saves time. Majority of the insurers in India have simplified online recharging facility where it hardly takes a few clicks and you can renew your car/bike insurance, and no paper work needed.
How to renew Motor Insurance on the Internet:
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Browse to the Web Site of the Insurer or to the Web Site of an Insurance Aggregator:
Turn to the site or the liked platform like Policybazaar, Coverfox, or ACKO where you can get a variety of offers and compare. -
Enter Your Vehicle and Existing Policy Details:
Enter your current policy number, vehicle registration number and other personal information such as your mobile number, gender identity number or email ID. -
Review Your Existing Motor Insurance Coverage:
Review your present coverage information. You are at liberty to stay on with the same insurance company, change companies or to have a comprehensive insurance in case you had the third party cover previously. -
Customize Your Motor Insurance Plan with Add-Ons:
Your Insured Declared Value (IDV), zero depreciation, or engine-protection add-ons, or even roadside assistance options are readily available where you can set it to preference. -
Instantly View and Compare Motor Insurance Premium Quotes:
After submitting all the necessary data, the platform will also display the cost of the premium. Compare plans should they be necessary. -
Make Secure Online Payment to Renew Your Policy:
Make safe payments through credit/debit cards, UPI or net bankings. After this, the rewritten policy document will be sent via email. -
List of Documents Required for Online Motor Insurance Renewal:
- Registration Number of the vehicle
- The former Policy Number
- ID information Personal
to renew your car Insurance, you might have received messages and emails from your insurer that its about to expire.
So if you dont want to change the policy or anything just follow the link which they provide give your policy number and pay the premium and you are set!
But if you want to change the policy then you will have to go and research and find the best insurance for you and make sure its not breaking your bank, to learn more about how to find the best insurance go to the Finanjo Community as they have the content out there.
I use Acko to renew my motor insurance policy. You just have to enter vehicle and existing policy. Then immediately compare motor insurance premiums and select the one which is most suitable to you. And then just pay the premium.