Online Motor Insurance Policy Benefits


04 Aug 2023

Buy Motor Insurance Online: Learn about the 4 benefits of buying a motor insurance policy online. Visit Kotak General Insurance for more information now.

With the dawn of the digital age in India, everything from making day-to-day payments to applying to colleges and filing our taxes can now be done with the click of a few buttons. The insurance industry has also embraced the internet, allowing individuals to purchase policies and even request for claim settlements online. However, a large number of people still prefer to purchase their motor insurance through the traditional route of meeting with an agent face-to-face before paying their premium. If you’re one of these people, here are just a few reasons why you should make the switch and buy car insurance online:


1. Buying Motor Insurance Online is Cheaper


If you choose to purchase your insurance policy online, you will definitely get a better deal. This is because your chosen insurance provider will have saved money on sales, documentation, and most importantly, the agent’s commission. These savings will be translated into a lower premium for you.


2. Online Channel Offers the Complete Picture


When you’re interacting with an agent, chances are that he will only highlight the key benefits of certain insurance policies over others. This could be because he has targets to achieve or because he earns a higher commission from one provider over another. On the other hand, if you’re doing your own research online, you’ll be able to compare the pros and cons of different policies yourself, allowing you to choose the policy that best suits your individual needs.


3. You Have More Options


An agent may be affiliated to a few agencies, but there are a number of insurance providers who may be able to offer better protection for your car. Sadly, the agent will not tell you about those policies. However, if you’re going the online route, you will be able to check out all your options.


4. Online Channel is Quick and Easy


When you choose an online motor insurance policy, you can quickly enter in all your details and pay your premium in a matter of minutes. It is also possible for you to make premium payments while you’re out and about with the help of a smartphone, tablet, or laptop.


Today, buying vehicle insurance/car insurance online in India has become quite popular, and many people have decided to take their policies online. If you’re ready to head into the digital age, click here to see how we can help you protect one of your most valuable assets – your car!

Team Kotak GIC

The content of this blog has been created and carefully reviewed by the esteemed team at Kotak General Insurance, with the sole purpose of providing valuable guidance and sharing insights on the importance of general insurance. Our objective is to assist users in making informed decisions when purchasing or renewing insurance policies for their cars, bikes, and health. Our expertly curated information aims to empower our readers with the knowledge they need to protect their valuable assets and financial interests.