Wednesday 9 May 2018

Top 5 Tips with Car Insurance Renewal

Car insurance or bike insurance is mandatory by the Government of India for anyone who owns a vehicle for transportation. The buying of a car insurance plan from any car insurance company has been made compulsory and is a type of security measure taken by the insurer.


A car insurance is a type of insurance where the insurance buyer and other nominees get medical insurance from the company. The insurance policy covers the medical expenses of the insured at a time an accident takes place due to the insured car. The car insurance also pays for the repairs of the insured car itself and also takes care of Third Party Liability which is the most important reason for buying the car insurance.

Why Do You Need to Buy A Car Insurance?
In the insurance marker, there are different types of car insurances that are sold according to the needs of the customers and also depending on the type of plan that the individual is buying. Online car insurance plans are the fastest way for any individual to get themselves insured. This is a fast process which benefits customers as it is cheaper and no agents are involved.

The biggest reason for buying a car insurance from any supplier is the sense of security that the insured gets for himself/herself and the insured car. This is a security step which guarantees financial help in all critical situations.

There are a great number of inclusions and exclusions of the car insurance policy that can be easily manipulated and changed according to the wishes of the customer. Each and every car insurance plan has a separate terms and conditions and different inclusions and exclusions.

Apart from the above advantages, the claims process for a car insurance policy is also an easy process. The claims process includes repairing of the damaged insured car, taking care of the medical expenses of the insured and paying for damages of any third party that may be involved.

Bharti AXA Car Insurance – The Car Insurance You Can Trust
There are many different types of car insurance providers that are found all over the world. Bharti AXA Car Insurance, through their many years of service, has become the leading name in car insurance. The plan itself is an ideal plan for those who want to buy a car insurance which is cheap and covers everything that they want. Some of the advantages of buying a Bharti AXA Car Insurance plan includes:
  • Completely easy process which is hassle-free.
  • Fastest claims settlement record.
  • Additional covers and third-party liability also included.
  • Add on covers included in the car insurance plan like medical expenses cover.
  • No claims bonus is offered by the company to the insurer who has had several claim-free years.
  • 24*7 customer care support from Bharti AXA car insurance company.
  • Services like towing services, on road repair, replacement of lost car key or lockout, emergency fuel are all provided.
Inclusions of Bharti AXA Car Insurance
Every single car insurance plan has a set of inclusions and exclusions within the plan itself that it offered. This is the main differentiation factor between the different car insurances that are offered. The inclusions and exclusions should be read by all customers who are looking to buy an online or an offline car insurance plan.
The inclusions of the Bharti AXA Car Insurance plan include the repair of any damages that are caused by both natural and man-made disasters. Natural disasters include earthquake, fire, explosions etc. while man-made disasters include theft, terrorist activity, accident etc.
Third party liability is the greatest inclusion of the plan as it takes care of any damage that the insured vehicle has caused to a third person (Any person who is not a part of the insurance policy). The plan also gives personal accident cover. This is primarily for the driver or the owner of the vehicle and pays for expenses caused that may lead to temporary or permanent damage.

Tips for Car Insurance Renewal
Every car insurance policy lasts for a certain period of time. The car insurances are not a lifetime deal and needs to be renewed at a regular interval to make sure that the policy does not expire and also to make sure that the car insurance remains.
Each car insurance plan has a separate time for expiration. The variation of time may either be 6 months or even a year depending on the car insurance that has been bought by a customer. Some tips to follow for renewal of car insurance on time are:
  • Always make sure to pay the premium for the car insurance well before the car insurance expires. This is so that the customer does not go into the hassle of buying a new car insurance plan all over again and losing the credits from their old car insurance plan.
  • There are certain car insurance plans that allow customers a grace period of 60 to 90 days for them to pay the car insurance premium and keep the insurance. If you have entered the grace period for paying the premium, put it as top priority.
  • Always try and pay the premium regularly, set dates, reminders, ask your family and friends to remind you. The more the years go by of no-claim and paying premiums for the same car insurance, the more valued a customer you are to the company.
  • Try paying the premium of your car insurance online as it is a hassle-free and an easy procedure to follow.
  • Keep your car and your loved ones protect through car insurance renewal as the terms and plans for policies along with their inclusions and exclusions change with each passing year.
Also Visit: PolicyBazaar Itunes

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