Car renewal insurance renewal in India: The earlier done the better | | June 30, 2010 | | | | your car is one of your most prized possessions. After all, you devote so much of time and energy in selecting the car that fits your needs and suits your personality. You look around for the best car deals and complement it further with the right accessories, some of which are quite expensive. Car insurance is the best way to secure you and your car’s interest from unwanted incidents and expenses. Hence, you get your car insurance as soon as possible. It is just one more piece of paperwork for you then. But what happens when you need to renew your car insurance?Car insurance renewal in India has become a lot easier now with most insurance providers giving renewal options online. Much unlike the other insurances such as student, travel or health, the coverage offered by car insurance companies is more or less the same. What primarily differs is the premium amount. You need to be sure that you have your car insurance renewed each year as driving around without a valid car insurance is as bad as driving without one at all. For car insurance renewal in India, all you need to do is go online and check out the different options that are on the offer. You can continue with your existing insurance provider or think of switching over to another if you get a better deal.When you look at car insurance renewal in India here are some of the things to consider:
- Premium: Look at competitive premium rates as the coverage provided by most companies will be similar.
- Market presence: Make sure that your insurance provider has an established name and goodwill in the market so that you do not land up in any situation regarding loss of money.
- Garage tie-ups: Almost all car insurance providers have a network of garage tie-ups in the country. Look at the garage tie-ups and see where you can look at cashless settlements of claims. Along with the number of garages in this network tie up you can also look at the location of these garages as well as their quality.
- Payment options: You need to look at the different payment options being offered by the insurance providers. Some insurance providers give the option of EMIs or offer a discount on upfront payment.
Make sure that you get the best deal even when you look at car insurance renewal in India by doing through research. Making sure that your insurance policy never lapses earns you a good credit history. This gives you the benefit of earning a “No Claims Bonus” which is earned when you renew your policy within 90 days of the expiry period.
Put the same amount of thought for your car insurance renewal in India just as you would for the other insurances. Stay covered to stay safe! Emergencies can strike you irrespective of your age. Injuries, accidents, baggage loss or passport loss can all leave you in a tight spot and can incur a huge amount of financial burden if you do not have the right back up. Look for comprehensive student insurance online and make sure that you have an insurance plan that not just covers medical problems but helps you tackle non-medical emergencies as well. You can also look for student insurance online that is compatible with your university and offers you the following benefits:
- Medical expenses that also cover medical evacuation
- Medical treatment cover for nervous and mental disorder
- Medical cover which cover sports injuries from inter collegiate events
- Personal accident cover
- Personal liability cover
- Study interruption cover
- Passport and checked in baggage loss
- Two way compassionate visits
- Dental treatment
Looking for student insurance online is the smart way to get prepared for your journey abroad so that you can stay safe and protected always. Make a tick on your to do list whenever you buy student insurance before travelling abroad.Summary:
Car insurance renewal in India has become a lot easier these days. Make sure that your car insurance renewal in India is done in time to earn maximum benefits and remain under a protective umbrella always.
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