Some people shy away from
buying car insurance online. There might be numerous reasons for opting the
traditional method for getting a car insured. One might have placed their
trust in a traditional insurer that offers offline policies. Another reason
could be that a person is not comfortable with the idea of buying a product
online.
Making a purchase online
has become very simple and buy car insurance online is no more a big deal.
Take a look at the following advantages if you are skeptical about buying your
car insurance policy online.
Benefits
of buying car insurance online:
1. Multiple policies can
be compared:
Traditionally
buying car insurance required a lot of effort for the potential policyholder.
Getting in touch with the insurance company or an insurance agent via calls or
personal visits is the first step. Next, one has to either buy the policy on
offer or repeat step one with another insurance company or agent. In this
situation, comparing various policies for their features, car insurance quotes,
and services provided by the insurer becomes a tedious process. However, buying
car insurance online eliminates manual comparison. Simply visit any insurance
aggregator’s website and use the free comparison tool to get the best car
insurance policy. Remember that comparison is the key to find the most suitable
policy available in the market.
2. You get
the best deal:
In today’s competitive market, various car insurance policies with similar features and
services are available for different car insurance quotes. When you compare car
insurance online, you can compare the cost of each insurance policy and then
decide which one you wish to buy. The only thing to note here is that one
should consciously compare similar types of policies.
For
example, comparing a Third-party liability policy with a Comprehensive policy
will not be fruitful. One should compare the same type of policies offered by
different companies to find the one with a lower quote.
3. Minimum to nil
paperwork required:
When
you set out to buy a car insurance policy online, you are asked basic questions
about you and your car. Based on these questions, you can select the coverage
you wish to buy for your car. If you have been renewing your policy in time or
if you are about to buy a new policy, you can get your car insurance without
any paperwork. That is you will require zero paperwork to buy a car insurance
policy.
In
some cases like when there is a break in policy or case of a claim, you may be
asked to get an inspection done. This might require you to submit documents
like personal identification, previous car insurance policy, etc. The paperwork
you submit will be less as compared to buying a car insurance policy offline.
4. Instant policies:
Buying
car insurance via the traditional method requires time. You have to start
looking for an ideal policy much in advance say a couple of months before the
actual expiry date. This is because you first need to look for a suitable car
insurance plan, compare it manually to other plans available in the market,
complete the required documentation like your ID proofs, car insurance application,
etc. After your application is accepted a policy will be generated and a hard
copy will be sent to you via post.
On
the other hand, buying a policy online will give access to instant policies. As
mentioned earlier, you just have to answer some simple questions and if things
are in place you will receive your car insurance policy instantly.
5. Checking the credibility of the insurer is easy:
Social
media has its set of pros and cons. One of the benefits is that people can
leave genuine reviews on the services they avail. When buying car insurance,
you must buy your policy from a credible insurance company. This will ensure a
smooth process at the time of claims. If you accidentally choose an insurer
that has high turnaround time or does not offer seamless services, you will end
up dissatisfied in spite of making proper payments for getting your car
insured.
Make
it a point to go through various social media handles of your preferred car
insurance policy before making a payment. You can decide if you wish to buy the
policy or not based on the reviews and user testimonials.
7. Genuine policies:
Contrary
to popular belief, buying car insurance online provides completely genuine
policies, provided you buy them from credible insurance companies. These
policies are fully legal and are accepted by any authorized person. Insurers need
to get their products approved before selling them to potential
policyholders. The process of getting these products/policies approved
from the Insurance Regulatory and Development Authority of India (IRDAI) is
similar for both types of policies – online and offline.
8. Does not require expertise of an agent:
The
need of buying car insurance from an agent arises when you have no knowledge
about the plans, the jargons used and what is the best match for your needs.
However, while buying a policy online you have the whole web of information to
your disposal. You can simply use any search engine to understand the meaning
of any phrase mentioned on the insurer’s website all by yourself. Thus
eliminating the need for an agent.
Nowadays,
insurance companies also take efforts to explain the meaning of jargon they
use. You will most likely not require any special knowledge while buying car
insurance online. If you still need clarification, you can always get in touch
with your insurer get your queries solved.
Always
make it a point to buy your policy at least one week before the expiry date of
the previous policy. Read the terms and conditions before buying your car
insurance policy.
Conclusion
When you make an informed
choice and compare options effectively, you enhance your protection and reduce
the risk of unpleasant surprises during a claim. Square Insurance offers tools
and insights that help you compare, evaluate, and select the right car
insurance policy online with clarity and confidence — making the transition
from a traditional purchase method to a digital one both practical and
rewarding.
Frequently
Asked Questions
1. Is it safe to buy car insurance
online?
Yes. Buying car insurance online is safe as long as you purchase directly from
a credible insurer’s website or a recognised platform. Online policies are
legally valid and regulated by authorities. Online transactions use secure
payment gateways and data encryption, ensuring personal and financial
information is protected.
2. What are the main advantages of
buying car insurance online compared to offline?
Buying car insurance online offers several advantages: you can compare multiple
policies easily, often get better pricing due to no middleman, experience
minimal paperwork, receive instant policy documents, and access digital tools
that make comparison and purchase faster and more transparent.
3. Do I need an insurance agent to
buy a car insurance policy online?
No. When buying car insurance online, you don’t need an agent’s assistance. The
online process is designed for self‑service—policy details, premium quotes, and
coverage options are presented clearly so you can make an informed decision on
your own.
4. Can I compare different car insurance
policies online before buying?
Yes. One of the biggest benefits of purchasing car insurance online is the
ability to compare different policies side by side using online tools and
aggregators. This helps you evaluate features, coverage, and premiums quickly
to find a suitable policy.
5. Are online car insurance policies
legal and accepted by authorities?
Absolutely. Car insurance plans bought online are legally valid and accepted
for all official purposes, including renewal and regulatory checks, provided
they are purchased from authorised insurers. The same approval and regulatory
standards apply to online and offline policies.