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5 Factors you need to consider to choose the best car insurance in India

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Most of the people in India choose car insurance policies based on premiums. They go with the policies where they have to pay less premiums. But, this should not be the only parameter to choose the best car insurance in India.  to know more. It is because, at the time of claim settlement, the insurer may reject the insured’s claim which he might not have mentioned when the car insurance was taken.

Choosing the best car insurance in India is, therefore, not an easy task. You need to consider various important factors before you choose the best car insurance in India. To know more, click here.

Factors you need to consider while choosing a car insurance

Customer service

If you are going for an insurance policy, the very first thing that you should check is the services provided to you by the insurer. The more the insurance company is flexible with their terms and conditions and services, the fewer problems insured will have during the policy period. So, you need to check these things mentioned below, before having a policy:

  • Customer support & it’s functioning
  • Their claim settlement graph
  • Customer review
  • Availability of policy as per your requirement
  • Goodwill and number of years in the market
  • Cashless garage network

Minimum cost with high coverage

At the time of applying for an insurance policy, pay for those risks which can cause damage to your car in the future. It is best to choose a plan whose premium is reasonable and provides you with high coverage.

Flexibility in the coverage:

It is your car which is going to be insured. So, based on your specific needs, you should avail an insurance policy. Check that the risks, which you want to get insured are provided by the insurance company or not. Personalize your insurance policy by choosing the riders of your choice, for additional coverage at additional cost. There are some essential riders which are to be considered, these are:

  • Roadside assistance
  • Personal accident cover
  • Zero depreciation
  • Engine cover
  • Ambulance and medical expense cover
  • Rental reimbursement cover

Online car insurance policy comparison:

It isn’t very easy to choose which insurance policies suit you the best. Compare the plans online and check the coverage you are choosing is worthy as per the premium or not. To select the best car insurance in India, compare online the premium, benefits, and limitations of the policy.

Choosing the best coverage for your car insurance:

Before choosing the insurance plans, you need to check what type of coverage you should avail. The third-party liability coverage is mandatory, whether you choose or not you have to avail it. But the comprehensive coverage is optional. This is the functions of these two coverages:

  • Comprehensive car insurance policy: This is a broader concept of the third-party liability car insurance plan. As it not only covers third parties’ liabilities but also covers the insured vehicle as well from moth man-made and natural disasters. But for this extended coverage, you need to pay more premiums.
  • Third-party liability car insurance: This insures the damages caused to the third party due to the insured.

Service distribution network:

The insurance company that has a broad range of the network is favourable as you’ll get insurer’s accessibility for 24×7 hours.

The points, as mentioned above, were the parameters based on which one should select the best car insurance in India. Before purchasing any policy, read the terms and conditions thoroughly, so that at the time of claim settlement, you don’t have to follow any claim rejection issue.

About the author / 

Robert B. Wilfong

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