Tag Archive | "Car Insurance"

how to identify the best car insurance

  • Easypolicy
  • 22 Feb 2013

Finding the right automobile insurance involves something more than visiting sites that help compare car insurance quotes. Many persons visit these sites and expect the best Policy to jump up on the screen. Proper preparation and analysis is essential to find the best car insurance policy.
 
Understand Your Car Insurance Requirements

Analyzing these factors will help understand your needs which will then help you finalize the best car insurance plan.

-AGE OF THE CAR

There is no point buying comprehensive cover for your ten year old car. It makes sense to go in for 3rd party cover if you will prefer scrapping the car instead of repairing it after a major accident. On the other hand, 3rd party cover for a brand new expensive car does not make sense.
 
-MILES DRIVEN PER ANNUM

Chances of filing a Claim on your car insurance policy will be high if you drive a lot in a year. Driving intermittently will reduce Risk of accidents and you should choose your car insurance policy accordingly.  

-NUMBER AND AGE OF DRIVERS

Teenagers tend to be casual when driving the car. Middle aged women tend to be the safest. Statistics support this inference. Consider the number of persons who shall be using the car before finalizing your vehicle insurance policy.
 
Using Online Car Insurance Resources Smartly

The internet is a great place to find the best car insurance policy for your automobile. Visit the websites of different car insurers. Learn more about the various options available. Visit third party vehicle insurance websites for guides, articles and news reports. Verify every detail before relying on it.

Use the following resources available online

-Websites that help you compare car insurance quotes

-Websites that provide analysis and comparative statements of various vehicle insurance policies

-Websites that accept your questions and offer expert vehicle insurance advice

-Forums where you can interact with fellow car insurance purchasers.
 
Analyze Car Insurance Policy Options Carefully
 
Focus on each and every aspect of the plan before concluding that it is the best car insurance plan for your requirements. The policy must offer Coverage for vehicle damage due to accidents, personal Accident cover to meet your medical expenses, third party liability cover to pay compensation to the other party involved in the accident, and add on cover for electronic accessories, CNG kits and so on. You should be in a position to customize each and every aspect of the policy. Study the impact of increase or decrease of coverage on the Premium before taking a final decision.

Discounts On The Car Insurance Policy

You are entitled to a No claims Bonus for every year where you do not file a claim on your car insurance policy. Make sure you enjoy the discount that you are entitled to. You can reduce premium by going in for anti theft devices. Parking your car in a private and secured garage and living in a low theft area will also help enjoy discounts. Membership with Auto Associations, defensive driving courses and absence of legal infractions on your driving record will help you bargain from a position of strength.

Prompt Processing Of Claims

Choosing an expensive car insurance policy is not a bad option as long as you can file claims in a painless and hassle free manner. Paying more to enjoy cashless claims settlement in thousands of garages and workshops is a perfectly acceptable transaction. Paying less and skipping cashless claims does not make sense. If you compare car insurance options online, you can find service providers offering cashless claims at no extra cost.


Value Added Services

Can you purchase the car insurance policy online? All reputed insurers offer this option to help you compare car insurance plans without stepping out of your home. They also offer a digitally signed online car insurance policy that can be downloaded immediately.
 
You should be in a position to file claims on a 24x7 basis. Many insurance companies offer emergency towing services and alternate vehicles for female customers at no extra cost. You would do well to consider these factors as well when taking a final decision.


best car insurance now available online

  • Easypolicy
  • 28 Dec 2012

Car insurance cannot be done without due to the legal framework. However, which car insurance you go for could determine how efficient your investment in the insurance Policy is. The best car insurance is something that offers you the best value for money, many advantages to you in return for the entire insurance Premium that you pay in the course of the validity of your insurance cover. Now, that online car insurance has made purchase of insurance so much easier, you should have the basic information related to the foundations of car insurance, such as ‘what is car insurance’, and ‘which car insurance to buy’.
 
What is car insurance? Car insurance covers you for the risks involved in your travel, protecting you from the possible losses that you may incur. It could be a minor damage to your car, a major Accident that might have resulted in much damage to your vehicle, or even damage to property caused by the vehicle that you were driving. In each of these cases, it takes the best car insurance to protect you against all risks and offering comprehensive coverages in return for the insurance premium you pay.

What should you check when you buy online car insurance? In an era of internet and information communication, there is no question about the ease with which you could buy online car insurance. However, the best car insurance depends not just on the insurance provider but also you, the insured, as to what you look for when you get car insurance. Your insurance policy should include coverages for bodily injury and that too, to a sufficient degree. Further, make sure that your insurance policy also has provisions to cover liabilities connected with damages to property in an accident.

Compare and Contrast: One of the basic tips in buying the best car insurance is that you would be better off not being in a hurry to get car insurance. Buying an insurance policy and searching for the best car insurance has much to do with your patience and perseverance in comparing offers among the different options available. With online car insurance, your chances of landing up with the best offer has only got better, thanks to the ease with which car insurance could be browsed, scrutinized and purchased.

The best is not the cheapest: People tend to take cheap car insurance for the best car insurance. That’s where having the right information about insurance policy helps. You need to dig deeper than just being able to answer the question, ‘what is car insurance’, to be able to realize that the best car insurance is the one that considers more than just the cost factor. Again, it helps to compare online car insurance to arrive at what is best for you.
 
Comprehensive insurance policy and riders: Whether you plan to go for online car insurance or not, you could ask for Comprehensive insurance package, with complete Coverage of theft, third party liability, and personal accident cover included in the insurance policy. Of course, you could also make your own “comprehensive car insurance policy” that suits your needs, with a host of Riders or “add-ons” that could be purchased along with your car insurance, with the payment of an additional amount along with the regular insurance premium. And the best part about car insurance is that you could do them all with online car insurance in the comfort of your homes.


insuring you dream vehicle with the right car insurance

  • Easypolicy
  • 08 Aug 2012

Ask any Indian man to define his dream life and pat comes the answer- A loving family, a comfortable home, well-settled earnings and a dream vehicle- a car!
 
A car is a car! Whether it is the special car that you got from your father or the priceless first car of your life that came into your life from your own generated money, your car will always be special for you. A man will never stop at the dreaming part.
 
With endless options available to a person for getting car insurance, the person is often misguided by following the current market trends or may be by giving-in to the peer pressure without essentially considering the best fit for the vehicle and missing out on the pros and cons of the product.
 
Here, we sum up the few key and essential features that guide the choice of an optimal option as the best car insurance for you.

Claim settlement- Reimbursement or Cashless claims?

The foremost factor which features on the top of the list is the Claim in case of a mishap and the proceedings of the settlement of claims. A fair and timely claim settlement is the seal of high-quality service provided to the customer. In case of any car mishaps following two options are available to customers for claim settlement:

a)Reimbursement: The general proportion of insurance to reimbursement that is followed is 60% of reimbursement possible to your Insured amount. This could be raised a little with more efforts but can never give you the assurance of the maximum settlement.
 
b)Cashless claims: In contrast to reimbursement, cashless claims are a better option where most of the insurance firms have tied with various garage to form their own network. These garages take care of the repairing of the vehicle and the insurance companies directly pay these garages with only the difference amount being borne by the vehicle owner when accessories and other add-ons are repaired that are not covered in the insurance.
     
Car insurance policy- What to cover and how much to cover?

The innate use of a car insurance cover is to protect the owner from the losses arising out of burglary and unavoidable reasons like mishaps and fire. Hence, a question could certainly cloud the car owner as to what would be the extent to which the car could be covered and which car insurance Policy would be the best? When deciding on this, you could always think of the worst and get the maximum cover for the vehicle, along with insurance for the third party. The next step should be easy once the cover extent is decided as various parameters like gender; vehicle make classification, owner age etc decide the Premium of the car insurance policy. Using the online premium calculator, you can get a rough idea about the premium amount according to your budget when you choose a certain policy with your type of vehicle.
 
Benefits of online car insurance

Living in the internet world, our lives has eventually become online. So why not opt for getting the features of the online car insurance? The online feature gives you the freedom to view and compare policies and insurance schemes of various companies with facility like online quotes from varied companies just a click away from your finger-tip. Once the initial screening is done, the purchasing formalities can be completed online without any hassles and waste of time and money. The online facility is also open for filing of claims, thereby ensuring promptness of processing the claim.

Keeping these key elements in mind, you could still carry-out consultations with experts for helping you buy the right kind of car insurance for your dream car.