While many people prefer using an offline mode of insurance renewal, it is not entirely safe these days, given the risk of contracting COVID-19 disease.
Due to the unexpected advent of Coronavirus in 2020, the entire country was under lockdown. For up keeping the norm of social-distancing, lockdown became the new normal. Hence, the use of vehicles was limited. Now that the government has initiated unlock 2.0, mobility in the country is expected to increase. Daily travelling and use of cars will resume for everyone.Before using your vehicle to go out for work or buying essential items, you must keep a check on the validity of vehicle insurance.
The last thing you would want to happen to you while driving a car is to pay the fine of not having valid vehicle insurance. While many people prefer using an offline mode of insurance renewal, it is not entirely safe these days, given the risk of contracting COVID-19 disease.
A better alternative would be the online mode of vehicle insurance renewal.You can access all the necessary details on the internet, which will help you make an informed decision. Under the current circumstances, renewal of motor insurance online will be beneficial in the following ways:
1. Saves time and is convenient
Renewing vehicle insurance online saves a lot of time. It also provides you with the convenience of insurance renewal from the comfort of your home. Also, if you usually renew your best car insurance for young adults offline, it might require visiting an agent which can be time-consuming.
Online insurance renewal means you need not visit the insurance company’s office or call the agent at your place during these tough times. The process is usually paperless or requires minimal paperwork. Hence, you can renew your vehicle insurance conveniently with just a few clicksonline.
2. Secures you against risks
When you apply for vehicle insurance renewal online, you are required to pay the premium through online payment gateways. These getaways are totally secure and ensure that you are not exposed to any fraudulent risk. While defending you against threats, online payment also expedites the insurance renewal procedure.
3. Easy to customize policy
Another significant advantage of renewing motor insurance online is the ease of customization. If your current plan is not satisfactory, you can add riders or increase the coverage as per your requirements while renewing it online. Since all renowned insurance companies provide policy information online, you can customize your plan accordingly.
4. Facility to switch insurers easily
You can avail of all the information and terms of various vehicle insurance plans online. For instance, while renewing the plan, you might come across a different one with more benefits and less premium. If you do not want to continue with the same old plan, you can easily switch between insurers with the online mode and comparison sites like Money Expert. You can conduct proper research seeking the best vehicle insurance schemes and evaluatethem online.
5. Transparency
When you renew vehicle insurance online, you will have access to all the information about the plans that are offered. It includes the changes that are made by the Insurance Regulatory and Development (IRDA) and the effect they have on your chosen scheme. In this manner, you can determine which policy is most suitable for you.
Also, you canget a fair idea of the premium payable with a changed insurer or additions to your existing plan. The premium calculator available online on the insurance companies’ websites enables you to compare and choose a plan.
6. No Claim Bonus (NCB) transfer
Renewing vehicle insurance offline means you will requirea meeting with your agent or visiting the insurance office. In such cases, it is imperative to carry all the documents, especially the NCB certificate. There is a plausible chance that you might lose the report, which may hamper the renewal process, particularly in case you switch to a different insurer.
To avoid such circumstances, opt for online renewal which will get the NCB transferred quickly and without any hassles.
Renew vehicle insurance online during lockdown
With resumed travelling, traffic police follow strict regimes with checking for violations on the road. Hence it will be beneficial if your vehicle insurance is renewed and up-to-date. Online renewal of vehicle insurance during these unexpected times will keep you safe and prevent hassles. Also, make sure you opt for reliable companies like Tata AIG,which offer online restoration for motor insurances. It would help you to visit the website and check the renewal process. It is a simple, fast and hassle-free procedure.
