Planning to Buy Car Insurance Online? Avoid These 5 Mistakes

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Planning to Buy Car Insurance Online? Avoid These
5 Mistakes
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• Gone are the days, when people used to go to
  insurance companies to buy an insurance policy.
  Now, all it takes is one click from the comfort
  of your home to buy an insurance policy or pay
  your premium online.
• When it comes to buying Motor Vehicle Insurance,
  you need to have a clear understanding of how an
• renew car insurance plan can benefit you. How is
  it better from the traditional method of meeting
  an insurance agent? To begin with, online
  insurance companies offer lower premiums on
  insurance policies because of lesser operational
  costs. Secondly, to convince more people to buy
  insurance online many insurers offer profitable
  discounts and offers. Last but not least, you can
  explore multiple options from the comfort of your
  home.

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• Undoubtedly, an insurance policy purchased online
  has many perks. However, a single mistake can see
  you lose out on benefits. So, to help you out,
  here are five mistakes you must watch out for
  when buying online car insurance.

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• Not focusing on your needs
• When you consult an insurance agent in person,
  you have an expert to talk to and clarify your
  doubts. But when people opt for online insurance
  plans, they fail to do thorough research and
  often end up buying the least suitable online car
  insurance with the maximum premium amount. Even
  though buying online insurance offers numerous
  benefits, one must always understand their needs
  and preferences before buying.

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• Purchasing a low premium car insurance policy
• A cheap insurance policy is not always the right
  insurance policy. If a low premium online car
  insurance provides coverage, which is half the
  price of your car, then there is a high
  probability that the insurance amount might not
  cover extensive damages incurred by your car.
  Therefore, while purchasing an insurance policy
  for your car look for maximum benefits and
  coverage details and offers. Also, look for the
  claim service, IDV, and add-on covers offered by
  an insurance company.

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• Not opting for additional covers
• Basically, add-ons are the extra cover added to
  your basic insurance policy to extend the
  coverage. If you do not opt for add-on, then you
  are covered only for limited damages occurred to
  your vehicle after an accident. Hence, it is
  recommended to opt for additional covers while
  buying online car insurance. There are several
  thousands of add-ons from which you can choose as
  per your preferences and requirements. For
  instance, some of them include Key Replacement
  Cover, NCB Protector, Engine and Gearbox
  Protector, Zero Depreciation Cover, and so on.

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• Neglecting policy documents
• This is one of the most common mistakes that most
  policyholders make while purchasing online car
  insurance. They don't consider it necessary to
  read the policy documents thoroughly and thereby
  end up making silly mistakes as they
  lackknowledge of inclusions and exclusions of the
  policy. Hence, it becomes necessary for every
  policyholder to read the documents carefully for
  a better understanding. You must read details of
  the vehicle, make and model, additional coverage
  details, IDV details, No Claim Bonus, and so on.

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• Forgetting to compare policies
• Most people buy an insurance policy online based
  on suggestions from their friends or family.This
  can lead them to selecting the wrong one. They go
  ahead and buy a plan without comparing others
  which is a huge mistake. Today, the internet
  offers a wide range of options to help you easily
  compare different policies while understanding
  the costs incurred and other important
  parameters. Hence, it is always advised to
  compare plans before buying one.
• We hope this article was able to answer your
  queries regarding the online purchase of car
  insurance. Before you make a decision, research
  well as the requirements of online car insurance
  may vary from one insurer to the other.

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• THANKYOU