Pros and Cons of Comparing Car Insurance Quotes Online

We all love our car, and so to protect it from accidental damages, theft, robbery, burglary, and natural calamities like earthquake, flood, etc. it is prudent to buy a car insurance policy. It acts a safety blanket for your coupe and protects it against all types of damages. A lot of research and weeks of legwork is required to buy a car insurance that is best suited to your needs and, of course, while keeping the budget cap in mind.

Comparing quotes online is the primary way to get started with the policy buying process. But before you make a move, here is a list of pros and cons that you need to know before blindly following the suite.

The Pros

1. Explore multiple offers faster: Comparing quotes online mean you as a driver/owner of the car can look at multiple offers from his/her area on a single web page, without wandering from one company to the other. This makes your investigation process simpler, smoother and time saving.
2. Get accurate price information: Speaking with the insurance agents may not get you accurate price information about car insurance policies. Visiting each and every insurance company to get the price quote is also not possible either. However, by comparing quotes online, you will be able to see how much the coverage would ultimately cost you. The online form enables you to adjust your desired coverage limits and deductibles. You can also look for quotes for a specific type of car model over the internet.
3. Save money: Seeking help of insurance agencies can be costly whereas comparing quotes online are completely free. Also, by comparing rates, customers will be able to reduce their expenses by more than 20%.

The Cons

Lack of human interaction is the only disadvantage of comparing quotes online. People who are not tech savvy cannot find the information online and are left with the only option to call a broker for seeking help in this context.

HDFC ERGO is a leading general insurance company in India that provides life, home, health, and auto insurance policies at reasonable prices. On the HDFC ERGO website, you can buy and renew the carinsurance and other policies instantly. Here, customers can also access quotes for insurance plans from HDFC ERGO. So why wait? Visit m.hdfcergo.com/ and get these quotes instantly.

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Car Insurance Policy - All You Need to Know About It

It is not cheap to run a car. The taxes, fuel, maintenance, and even the car insurance, each add-up to form a greater expenditure every month. Despite car insurance premiums starting to fall, car insurance premiums still take a bigger bite on your monthly income, especially when you own more than one vehicle. It is therefore important to understand all about the car insurance industry as well as different policies on offer to make sure that you buy the right policy for your car which offers good coverage at the best price.

Firstly, driving a car without a proper insurance cover is itself against the law. In order to restrict more uninsured vehicles on the road, the government has imposed a rule that makes it necessary to insure your car unless it is listed out from the road by the statuary off road notice (SORN). Anyone who does not abide by this law has to pay the penalty, and also there are chances that the car will be seized by the legal authority.

Secondly, insurance is all about covering you from unexpected risks. So the riskier you are, the more expensive your cover would be. Therefore, before you buy a car insurance policy, always look at a number of factors like age, sex, gender, occupation, etc. All this can increase/decrease your premiums. According to the latest stats, age is the major factor that can increase your premiums. If you are of older age and drive less, your premiums will be less but if you are young and frequent driver, you'll have to pay more premiums reason being the older people are less likely to get into accidents than younger motorist. Men are also considered to be a more risky kind than females which is why women's car insurance is typically cheaper than that for male drivers.

Car insurance policy is typically of three types:

1. The third party car insurance
2. Third party fire and theft car insurance
3. Comprehensive car insurance

The third party car insurance is the basic policy that requires minimal legal obligations. It basically covers for any damage incurred by the third party, their vehicle or their property when you are at fault. The third party fire and theft car insurance on the other hand covers you in case your car is stolen or damaged by fire. Then there is a comprehensive car policy that covers all of the above, plus you and your car from any accidental injury or damage, even when it is your fault.

Many motorists choose to buy comprehensive car insurance because the extra-cover gives them additional peace. But if your car is old and not worth that much, third party cover is an absolute option for you. However for younger drivers, the third party insurance is appropriate and can save them considerable money as well.

Before you purchase a policy, it's good to obtain the insurance quotes online to find out the one policy that offers maximum coverage at best prices. When comparing the car insurance quotes online, you must consider for what all things you are being covered for and also look at the overall price of the premiums as many insurers offer different coverage in their standard car insurance policies.

There may be chances that one insurer includes valet service in their standard car insurance policy while other may not. Other common excursions include car service, legal outgoes and dislocation cover. You'll be able to buy these as an add-on in your policy. But be careful while choosing the add-on because it can frequently increase your premium and you'll have to pay for something that you don’t require at all.

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Can You Really Save Big with Car Insurance Quotes Online?

Getting an appropriate insurance for your car is not an easy thing! It takes some time and efforts to obtain and compare the car insurance quotes. Thanks to the internet that has revolutionized the way people buy car insurance by offering insurance quotes online at any time of day or night. In fact, many general insurance companies even claim that you can save a bundle on your insurance while getting the quotes online. But now the question is, can you really save big by getting a quote online, or can it really reduce the hassle of shopping for insurance, and if so, then how?

Firstly, the car insurance online quoting system offers convenience as it does not have any specific trading hours like there are with insurance agencies and brokers. People who do not find time to visit the insurance company in person or may refer a broker to get the best insurance policy can now easily get quoting online with mere a few simple clicks on the website through their smart phones and tablets and enjoy the convenience at its best.

The second benefit of getting a car insurance quotes online is that you can receive quotes from multiple companies at once without having to worry about calling or visiting every insurance company individually. Online websites also allow you to enter your information just once and get several quotes based upon your keyed in details. This way you can compare the quotes fairly without getting into the hassle of comparing policies of similar rates with different coverage.


The third benefit is that the process is quick, easy and reliable. It hardly takes about 15-20 minutes to get the car insurance quotes online. You can get rates to compare within a few minutes - which means that you will not have to waste time waiting for someone to call you back with a suitable quote. Online quoting enables you to get the best insurance for your car in a minute, so you can spend more time looking out for the bets policy instead of wasting it waiting to find out the exact source and the company.

With all these benefits, it is quite obvious that you can save big if you choose to get an insurance quote online. But to hit the right deal - you will also have to know what kind of coverage you need. Let's say, if you are driving an older car, you'll require a policy with the minimum coverage your state requires. On the other hand, if you are adolescent and own an expensive car, it is wise to get a policy that covers you appropriately. You must also analyze multiple carriers before finalizing the best one as per your understanding. Be careful to read the policy to make sure what it covers for and determine the annual premium of the policy too.

There are so many insurance companies that provides car insurance quotes online, such as HDFC ERGO General Insurance Company. It is one of the most trusted names in providing a comprehensive range of car insurance policies that are cost-effective and ensure the utmost safety of your vehicle.

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A Slew Of Party Car Insurance Benefits You Need To Know

Purchasing a new car is an exciting prospect for many, but most people end their research after selecting a particular model or brand of the car. While buying a car, the same amount of research must be done in case of selecting the befitting insurance policy as well.

Most of us know that immediately after buying a vehicle, the compulsory third party insurance is mandatory to even bring the car out of the showroom. While most settle on the compulsory third party as suggested by the motor car dealer or the insurance agent present there, they end up buying a very expensive policy without even the essential protection that a policy must cover.

Compulsory third party insurance only covers the bodily injuries or death of the third party caused by your vehicle. Neither it covers the property or vehicle damages of the third party, nor any of your damages, when you are at fault. They are relatively too expensive compared to general third party insurance and comprehensive protection plans. Third party car insurance generally covers the damage you cause to other cars or property and therefore provides additional peace of mind to you. When untoward incidences even as small as a bump to another car can cause thousands of rupees in damage, it’s becomes clear why third party insurance is crucial.

Merits of Having A Third Party Car Insurance:

• Third party insurances offer more protection and cover than mandatory policies.
• While compulsory polices offer protection only against bodily injuries or death of the third party caused by your vehicle, third party insurance covers even the property and vehicle damages of the person affected by your car.
• Compulsory insurance policies are expensive and would cost you more money delivering only bare minimum coverage. On the other hand, third party insurances are less expensive and pocket friendly. They offer further coverage on the car or property damages caused by your car.

Demerits of Third Party Car Insurance:

• Third party insurances do not cover any of the damages caused to your car, neither it covers personal injury or death of any passenger sitting inside your car at the time of the accident. 
• Third party claims do not cover for theft, robbery, natural calamities, manmade disaster or any other kind of damage done to your vehicle.
• The no claim bonus or NCB, a reward received for making no claims during subsequent years of policy renewal is generally very less or no NCB at all in case of third party insurance.

Comprehensive Car Insurance Policy Benefits Over Third Party Insurance:

As third party car insurance fails to cover any damage caused to your car where you are at fault, comprehensive polices are a better option for car owners. Comprehensive car insurance covers just about everything, including accident cover irrespective of who is at fault, theft and fire damage, and helpful extras such as towing after an accident and a replacement of car while yours is being repaired, depending on the car insurance provider and policy.

CONCLUSION:

Third party car insurance is a great deal for value in comparison with mandatory third party policy. The extension of coverage is more, while costs are less. Reputed companies like HDFC ERGO offer some of the finest policies that suites your interest and requirements. These budget insurance policies extensively assure the safety and security of your car up to the maximum extent.

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