​Motor insurance offers a level of protection for our automobile. At the time of buying a vehicle we need to take a call not only on which model we would buy, but also need to decide on under which auto insurance policy we would insure our vehicle.
With nearly 27 general insurance companies in India offering motor insurance policy, deciding on right auto insurance for your vehicle might seem to be difficult.
There are two ways you can insure your vehicle:
1. Through an insurance broker/agent
2. Via online mode
If you opt for the first option of buying auto insurance via an insurance agent, the chances that you may have options to compare different policy quotes might be very less. In addition, an insurance agent might give a biased opinion for selling his own product. However, on the other hand, if you decide to buy motor insurance online, you can easily cross compare the different premium quotes offered by different vehicle insurance companies and accordingly pick the plan that meets your budget the best way.
Also, if you are buying your motor insurance from an insurance agent, there might be chances that he/she may not share complete terms and condition mentioned in the policy. However, buying motor insurance online offers complete transparency about all coverages, exclusions, terms and conditions mentioned in the policy. Thus, the decision of buying motor insurance online will be completely yours and not a biased or dependent one.
Buying motor insurance online is probably the best and smart way of getting your vehicle insured.