Car Insurance Selection Guide

Buying car insurance is important. It will not only protect you from a number of unforeseen events and their impact but also keep you from legal implications. Yes, in India you cannot do without a valid car insurance plan. The law does not allow you to drive a vehicle on road without having one. In case, you are caught without one, the repercussions may include fine and imprisonment!



Once you know about the car insurance in your life, it is time you buy one. But would you buy just about any car insurance plan you come across? Well, most people do that. They
often make the wrong choice. This happens due to lack of knowledge and information about various options available on the market. Following a step by step procedure will help you get the best plan without having to burn a hole in your pocket. Here are some important steps you require following when buying a car insurance plan.



If it is about auto cover, most people feel that only a basic cover is adequate. Some prefer buying a plan that covers more risks. Of course, the decision depends on your and the requirements you have but it is crucial to list down the risks you actually wish to cover. Make sure you prepare this list before speaking to insurance providers. Once you know about what is offered and whether or not it is according to your cover needs, you can decide to buy a plan.



This is important. After all you need to know about the company that will offer you the best choice. The idea is to find providers who offer reliable plans. This is easy if you log on to the World Wide Web and start your search. Make double sure you choose insurance companies who offer the kind of cover hat you are actually looking for. Also have a close look at the track record of various insurance companies, the claims procedure followed, their ratings, etc. This will help you reach to a reputed and reliable car insurance company.



It is now time to shortlist some of the insurance providers among many of those in your list. Meet these providers personally or chat online to understand the plans provided in detail. Know about various terms and conditions before you finalize on a deal. Also look out for discounts and additional benefits such as no claims bonus, add-ons offered by the car insurance company.

The key to finalize on the best car insurance policy is to reach out to the best company. Once you are successful in reaching out to a reputed and highly reliable insurance company, you can rest assured about buying the best plan.

Good luck!


About Author:

Neeta Jha, entrepreneur, blogger and activist the list of accomplishments for this dynamic Indian is exhaustive. A graduate in Commerce from the University of Pune with a degree in commerce, Neeta is an accomplished lawyer with an LLM from ILS Law College in Pune.

Dilip Kumar

+Dilip Kumar (Author and Editor of The Tax Info) is a Chartered Accountant from Hyderabad, Loves Blogging on Tax related matter.

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One thought on “Car Insurance Selection Guide

  • May 1, 2013 at 11:53 am

    Hi! Nice and very informative article.Really classical and very helpful post.
    i am really impressed to know that you provide good information.


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