Why should I get car insurance online?
The best partabout the way the digital revolution has happened is that you can purchasepractically any product online now. Insurance policies did not fall in thetypical gamut of products; however, today one can get carinsurance online. The choiceof an aggregator site to buy insurance products should be based on how well thesite scores on reliability and the kind of product range it brings for itscustomers.
Say, forexample, you wish to buy the best motorcycle insurance, you should know the factors that you need to lookout for when buying online:
- The policy premium is one of the major factors that you need to consider. The premium depends on several factors – the category the bike belongs to; location and the engine capacity.
- Type of insurance policies for motorcycles and bikes in India – it is essential to know in detail about the different available types – comprehensive and third-party insurance. Both have their own sets of pros and cons. You need to weigh all the considerations before making a choice.
- Consider the Insured Declared Value or IDV of the vehicle before buying the insurance.
- It is also important to first assess the claim settlement ratio of the company. If the ratio is good, it indicates that the insurance holders can effectively and easily get the settlement against their claims.
Theadvantages of buying car insurance online are many. For one, there is no middleman involvedhere. Thus you are saved from paying the commission which impacts the cost ofthe policy. Even the documentation work required online is less compared to thereal world. Thus, it becomes a great way to save time and money. Safetree is an online platform that uses AI and other latest technical tools tooffer customized insurance solutions to individuals. Join the Safetree insuranceteam for a highly motivatingcareer in this industry!
Originalsource- blogger.com
