When it comes to choosing any insurance, say health, travel, student, home etc, you compare the various policies in the market. As each company offers innovative covers, it becomes easier for you to make a decision based on the coverage as well as the premium offered . However, it is not the same case of Motor Insurance.

Motor Insurance in India is governed by the Indian Motor Tariff. The coverage for your vehicle would be the same no matter which company you would buy it from. Moreover, motor insurance is mandatory and needs to be renewed every year. So, how do you choose the right plan and where do you buy it from?

Here are a few pointers that shall help you to make a more sound decision.

Check out the premium
Even if the coverage offered would be the same, the premium charged by various companies would still be competitive. Study the cost involved with various companies and choose the one which gives you the best rate. However, don't let premium be the only deciding factor.

Name/ goodwill of the company
Try and buy insurance from an insurance company which has a good name and reputation. It always helps to go with the number one in the country!

Consider the garage tie-ups
All insurance companies tie up with various garages across the country for cashless settlement of claims. When you get your vehicle serviced at any of these garages, the claims are directly settled by the insurer. Always check the number of cashless garages the company has a tie up with. Also, consider the quality and the location of these garages.

Payment options
What are the various payment options available? Does the company offer you various options from which you can choose the one which is most convenient? Does it have an EMI option so that you do not have to pay in lumpsum? Do get this valuable information.

Buy online, it has many benefits
When you buy online, a digitally signed policy is generated. This is a valid legal document. The soft copy of your insurance policy is available online and can be accessed anywhere and at anytime. Now you don't have to worry about being extra careful about your hard documents. Also, buying online is most convenient and hardly takes a few minutes.

Make the sound choice for our car insurance based on the parameters above and avail complete peace of mind.

Do check the comprehensive Car Insurance policy by ICICI Lombard, GIC. Offering the most competitive rates in the country, ICICI Lombard gives you multiple payment options along with a 0% EMI facility. The number one general insurance company (in India) has one of the largest cashless garage network of more than 2,500 garages. Click here to buy or renew your car insurance online instantly.