Why should I get car insurance online?

 

The best part about the way the digital revolution has happened is that you can purchase practically any product online now. Insurance policies did not fall in the typical gamut of products; however, today one can get car insurance online. The choice of an aggregator site to buy insurance products should be based on how well the site scores on reliability and the kind of product range it brings for its customers.

Say, for example, you wish to buy the best motorcycle insurance, you should know the factors that you need to look out 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. 

The advantages of buying car insurance online are many. For one, there is no middleman involved here. Thus you are saved from paying the commission which impacts the cost of the policy. Even the documentation work required online is less compared to the real 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 to offer customized insurance solutions to individuals.  Join the Safetree insurance team for a highly motivating career in this industry!