Know the Benefits of Buying Two wheeler Insurance Online
THE HANS INDIA |
Feb 02,2018 , 10:24 AM IST
The internet and proliferation of apps and smartphones have made it extremely easy to buy two wheeler insurance online. Many online auto insurance providers have an online presence that ensures existing and prospective customers can sit at home and conveniently purchase the right bike insurance.
If you are contemplating buying two wheeler insurance, here are some benefits of buying itonline:
Online insurance brokers and providers let you select a policy and make a payment using their secure payment gateway without getting into the hassle of time-consuming paperwork and documentation. This makes it very convenient as you don’t have to worry about doing tons of paperwork or getting your vehicle inspected. Declaring the IDV of the vehicle is sufficient.
As there is no middleman, the cost of buying two wheeler insurance online is more affordable. Also, the cost of processing the insurance is lower, and most insurance providers pass on this saving to their customers. As a result, you enjoy lower premiums on your bike insurance. Insurers also incentivize online purchase by offering customers money-saving offers and discounts. This further drives down the cost of the insurance.
Using aggregator sites
In the past, vehicle owners invariably opted for the insurance that their agents recommended. Needless to say, this policy may not have the best interest of the bike owner. The agents used to have vested interests by recommending policies that offered them the maximum commission. Thankfully, you can compare two wheeler insurance online to buy the best one with the help of aggregator sites, who make products of different companies easy-to-compare. This enables you to make an impartial decision.
Instant Two wheeler Insurance Policy
If you purchase bike insurance offline, you will have to fill out numerous documents and it will take time to process these documents. During that period, you will not have any cover. However, when you buy bike insurance online, there is minimal paperwork. The processing is done instantaneously and as a result, you have coverage from the moment you buy the policy.
Easy Renewals and Payment
It is very easy to forget that your bike insurance is due for renewal. However, if you opt for online insurance, the insurer will send you email reminders so that you don’t miss renewing your insurance. So, there is no worry about letting the policy lapse. Also, online insurance providers offer multiple methods of payment, right from internet banking to credit card payment. So, you can choose a method that is convenient.
When you visit a brick and mortar insurance office, it means spending time filling out scores of documents. The same is not true when you buy two wheeler insurance online. While you still have to fill out an online form, but online insurance companies ask for fewer details. Also, it is easy to understand and fill the form quickly and this makes the entire process quicker. As a result, you save time and minimize hassles.
Wide Range of Policy Options
When you purchase two wheeler insurance on the World Wide Web, you can compare different policies and their features. While most online insurance providers offer similar basic features, you can include add-ons to customize the policy to suit your driving and two wheeler ownership needs. This lets you purchase a policy that is apt for you.
To Sum Up
Two wheeler insurance is important and the ability to purchase one online will enable an informed decision. Compare the myriad benefits at insurance brokers sites so that you can get the best two wheeler insurance.