Smart Tips to Renew Car Insurance Like a Pro

With the internet, it has become extremely easy to renew car insurance. Just log onto your insurance provider’s portal, tap in the details of your plan and make the payment. Your plan should be renewed and the updated documents should be emailed to you. Then just print the new copy and keep it handy. You can also add it to your DigiLocker so you have a copy wherever you go.

However, the convenience of the entire process doesn’t take away from its importance. Car insurance renewal is vital – not only does it ensure you can legally drive your vehicle on Indian roads, but it also provides an opportunity to review your protection needs & upgrade/downgrade your policy accordingly. 

This article will give you some smart tips you can use when you renew car insurance to optimize the protection of your plan and go about the entire process like a pro. Read on!

Consider add-ons.

They say that only constant is change. This is true for your protection needs as well. Say that you purchased the car when you were single, but now you are newly married and drop of your spouse to work every day. In this case, you should definitely consider getting a co-passenger cover. It will cover you better half and keep them safe from the perils of the road. 

Another add-on you could consider is the NCB protector. This is especially so if you have not made a claim against your policy since you’re purchased it. You would have earned quite a lot of discount on the premium known as NCB. If you do not make a claim against your plan for 5 years or more, you could enjoy a maximum discount of 50% on your premium every time you renew your plan.

However, if you make even a single claim, you lose out your NCB discount instantly and you have then pay full premiums all over again. You could stop this from happening by purchasing the NCB protect when you renew the car insurance of your vehicle. 

Try a different type of plan. 

If you have a comprehensive plan and wish to save money, you could downgrade to third party insurance. However, note that by doing so you will not be able to claim compensation for damages or total loss of your vehicle. Only the minimum legal requirement will be served. That said, options like the ones on www.swissvans.com are worth taking a look at.

You could also opt for long-term plans when you renew car insurance. These plans have validity for multiple years. Not only does this ensure you do not have to renew your plan every year, but it will also ensure lower prices as you buy multiple years of cover at prevalent prices instead of enduring premium hikes every year. Not only that, NCB is more beneficial in a long-term plan. 

Hope this article has been helpful and ensures you renew car insurance like a pro. Remember to drive safely and always wear your seat belt. Good luck and all the best!