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Things to consider during car insurance renewal...

   

Things to consider during car insurance renewal...

Carinsurance is mandatory by law for every car owner in India. If you don't buy itor renew on time your existing car insurance cover you will be penalized byroad traffic authorities. Beyond this, it's the financial losses that you willhave to bear on your own, due to any accident, thirdparty property damage, health injury or their loss of life, etc. It can make ahuge hole in your pockets. Hence, getting your car insured becomes all the moreimportant. The validity of your car insurance policy is up to a certain periodonly. It depends on the date on which the policy was purchased. After thisperiod gets over, you will have to do carinsurance renewal. The renewal has to be done before the policy expires orat least by the end of the validity. Whilerenewing your car policies you should always look try to negotiate upon for thebest deals and offers by the insurer. Insurance companies value their existingcustomers and give a lot of exciting deals and discounts to retain them. So,it's important you compare existing policy with other policies, check therequired benefits and retain them for your car insurance renewal. Itis important you should renew your policy at least 30 days prior so that itensures you don't stay uncovered at any point of time. You can renew your carinsurance policy online as well as offline, regardless of your initial mode ofpurchase.Fewtips for Car insurance renewal: •Ifyour current insurer has taken your loyalty for granted, it's time for achange. You should consider switching your insurance company based on reviewsand the benefits offered. •Whilerenewing you should opt to re-evaluate the Insured Declared Value consideringyour car's age to get suitably compensated during total loss or theft. •Acautious driving, no accidental issues, year after year will help you earn fora No Claim Bonus. This bonus will help you reduced your premium by as much as50%. Don't forget to apply it at the time of renewal. •Alwaysdo your homework before renewing your car policy. With a little bit ofresearch, you can compare benefits offered •Add-oncan help you during claims.  A car lessthan 5-year-old you can opt for zero depreciation or engine protector or returnto invoice. Comparingof car coverage at the time of car insurance renewal saves a substantial amountof money with better coverage options and improving your relationship with theinsurer. Since, comparing manual is a daunting task you can do it withcomparison sites anytime and anywhere at the place of your conveniences such asyour house or offices. Comparison saves up to 40 to 45% on car cover along withadd-on like riders and benefits on your plan. So, make an informed purchase.Compare online and know your car insurance plan properly before buying. Thereare various types of changes each year in policy terms and conditions. Gothrough it in detail and understand how your policy covers you in differentscenarios. If you're renewing your car policy online, always remember to checkthe details on the website of the insurance company as well. Who doesn't wantto save a penny? Try saving it on your car insurance renewal as well. Onlinesites have come to your rescue. You can now save hundreds of bucks usingcomparison sites, wherein you can compare policies in terms of products &features, discounts, payment, and hassle free claim procedure. Compare variousplans and buy hassle-free car cover now


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Things to consider during car insurance renewal...

   

Things to consider during car insurance renewal...

Carinsurance is mandatory by law for every car owner in India. If you don't buy itor renew on time your existing car insurance cover you will be penalized byroad traffic authorities. Beyond this, it's the financial losses that you willhave to bear on your own, due to any accident, thirdparty property damage, health injury or their loss of life, etc. It can make ahuge hole in your pockets. Hence, getting your car insured becomes all the moreimportant. The validity of your car insurance policy is up to a certain periodonly. It depends on the date on which the policy was purchased. After thisperiod gets over, you will have to do carinsurance renewal. The renewal has to be done before the policy expires orat least by the end of the validity. Whilerenewing your car policies you should always look try to negotiate upon for thebest deals and offers by the insurer. Insurance companies value their existingcustomers and give a lot of exciting deals and discounts to retain them. So,it's important you compare existing policy with other policies, check therequired benefits and retain them for your car insurance renewal. Itis important you should renew your policy at least 30 days prior so that itensures you don't stay uncovered at any point of time. You can renew your carinsurance policy online as well as offline, regardless of your initial mode ofpurchase.Fewtips for Car insurance renewal: •Ifyour current insurer has taken your loyalty for granted, it's time for achange. You should consider switching your insurance company based on reviewsand the benefits offered. •Whilerenewing you should opt to re-evaluate the Insured Declared Value consideringyour car's age to get suitably compensated during total loss or theft. •Acautious driving, no accidental issues, year after year will help you earn fora No Claim Bonus. This bonus will help you reduced your premium by as much as50%. Don't forget to apply it at the time of renewal. •Alwaysdo your homework before renewing your car policy. With a little bit ofresearch, you can compare benefits offered •Add-oncan help you during claims.  A car lessthan 5-year-old you can opt for zero depreciation or engine protector or returnto invoice. Comparingof car coverage at the time of car insurance renewal saves a substantial amountof money with better coverage options and improving your relationship with theinsurer. Since, comparing manual is a daunting task you can do it withcomparison sites anytime and anywhere at the place of your conveniences such asyour house or offices. Comparison saves up to 40 to 45% on car cover along withadd-on like riders and benefits on your plan. So, make an informed purchase.Compare online and know your car insurance plan properly before buying. Thereare various types of changes each year in policy terms and conditions. Gothrough it in detail and understand how your policy covers you in differentscenarios. If you're renewing your car policy online, always remember to checkthe details on the website of the insurance company as well. Who doesn't wantto save a penny? Try saving it on your car insurance renewal as well. Onlinesites have come to your rescue. You can now save hundreds of bucks usingcomparison sites, wherein you can compare policies in terms of products &features, discounts, payment, and hassle free claim procedure. Compare variousplans and buy hassle-free car cover now


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