Hassle free car insurance

How To Purchase Hassle Free Car Insurance – Edelweiss General Insurance Blogs

19th July 2022 8min read 546 views

Every vehicle owner must have at least third-party insurance in India. Purchasing motor insurance can take a lot of time and effort. Car owners must first understand what they want before buying an insurance plan. To help you breeze through the process, here’s a look at how to purchase hassle-free car insurance.

How to Purchase a Car Insurance Policy with Ease

Step 1: Understand What You Want
For several years, four-wheeler owners only had two car policy options – third-party cover and comprehensive cover. Third-party cover only provides financial assistance when a third party or their property gets damaged in an accident involving your vehicle. Comprehensive cover offers coverage for you and your vehicle as well. Innovations by insurance companies have led to new products in the market. Edelweiss General Insurance now offers Edelweiss Switch, a unique offering that provides vehicle insurance to up to three drivers and vehicles. Policyholders can turn their insurance on or off and only utilise the cover when using the car. The policy works well for individuals or families who own multiple four-wheelers that they use sparingly. Instead of buying a separate policy for each car, they can now get a single policy for up to three vehicles. They can turn the insurance cover on whenever they intend to use a particular four-wheeler. Apart from decreasing your paperwork, Edelweiss Switch allows you to pay as you go. You only pay the  car insurance premium for the days you use the policy.

Step 2: Compare Available Policies
Once you know what insurance policy you want, you can research and compare policies online. Most insurance companies offer similar third-party coverages and rates since the IRDAI regulates prices for this cover. If you’re looking for a comprehensive plan, you should check for the best car insurance policy online. You can compare costs, coverage and available add-ons in a few minutes. If you want to try Edelweiss Switch, you can
check here.

Step 3: Choose Wisely
Once you’ve shortlisted a few car insurance plans, you need to pick the one that best suits your needs. Check the insurance company’s claim settlement ratio before you pay your premium. The claim-settlement ratio tells you how many claims the company settled in the previous year compared to the total number of requests received. Look for companies that have a high ratio.

Step 4: Pay Your Premium
It’s time to purchase your new car insurance plan. You can visit the insurance company’s website to select the policy and add-ons you like. Once you pay your premium online, you will receive a soft copy of your car insurance policy.

Step 5: Renew Your Policy
You must remember to complete your car insurance policy renewal every year before the deadline. You risk losing your coverage and No-Claim Bonus if you do not renew your policy on time. Set a car policy renewal reminder for yourself and complete the paperwork before your policy expires to enjoy uninterrupted coverage.

To enjoy a hassle-free purchase and renewal every time, you must understand your car insurance needs. Always do your research before you pick a  car insurance policy. By staying updated on the latest products available, you can take advantage of innovative offerings like Edelweiss Switch. Visit the Edelweiss General Insurance website to learn more about our four-wheeler insurance products and find the ideal fit for you.

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