How to Renew Motor Insurance during COVID-19 Pandemic?

The contagious COVID-19 pandemic has brought the world to a standstill. As per stats, the total Coronavirus cases across the world has crossed the four million mark and show no sign of coming down.As a result of this pandemic, the travel sector is facing significant losses. People in India are in the middle of lockdown and are not allowed to travel places, let alone going on a foreign trip.

If you own a car or a bike, you must be using them for visiting local stores and healthcare centres amidst the lockdown as per defined guidelines. However, with strict police surveillance all around, getting caught for not having valid motor insurance would feel like yet another stroke for the stricken. Therefore, it is crucial to renew your motor insurance policies timely.

Thinking of calling your local insurance agent to get the policies renewed? It’s time to be independent and renew motor insurance online. Although you may feel the process to be a little different than usual, it is worth spending time and effort. There are many reasons why people have switched to renewing motor insurance online.

1. It Saves Both Time and Money

Think of the usual way of calling your local agent for motor insurance renewal. You call him several times, and he says he will come to you soon. When he does, he takes the policy papers and the renewal premium from you to get things done a few days later. This is what usually happens in the offline mode of insurance purchase and renewal.

On the other hand, the process of renewing motor insurance online is different. Firstly, you can do it at your convenience fromanywhere at any given time. It does not take much time as you only need to enter your policy details and pay the premium. Moreover, the renewal premium will be lesser as compared to the offline payment mode as no commission of any agent is added.

2. The Process is Completely Safe

No matter how safely you keep cash, there is a slight risk of losing it somewhere either by forgetting about it or getting stolen. However, renewing motor insurance online is entirely safe and secure. The premium payment is made through secure payment gateways, that minimize the fraudulent risks involved.

Irrespective of your chosen insurer, you can always renew motor insurance online safely. All renowned insurance companies have simplified the process of buying and renewing motor insurance online.

3. You Can Easily Customize the Policy

Customizing your motor insurance policy means increasing the sum assured, adding riders and similar other features. Take the example of the time you bought third-party liability insurance for your car. Given the rising rate of road accidents, you switched to a comprehensive insurance policy with added rider options. Getting this done offline means going through the same old, time-consuming process. In some cases, you may also end up paying more than you should if the agent tries to upsell an expensive policy.

With the online renewal of motor insurance, you can avoid all such pitfalls. You can customize the policy based on your specific needs. In case you want to switch to another insurer, understand how to select a car insurance policyand then buy it from a renowned insurance company like Tata AIG. They offer the facility to customize motor insurance online and selecting add-ons like Depreciation Reimbursement and Return to Invoice.

In a nutshell, you don’t know for how long the nationwide lockdown continues.Therefore, it is best to renew motor insurance online and avoid facing any problems. At the same time, you can drive the vehicle within your city safely to fulfil regular household needs.