When it comes to buying car insurance, comparing options online is the easiest and fastest way to get a good deal. With numerous insurance providers and policies to choose from, it can be daunting to compare car insurance online. It is also difficult to find the best one that meets your needs and budget.
Here’s a complete guide to comparing car insurance policies online and choosing the one that suits you best.
Factors to consider while comparing car insurance online
Read the following points to ensure you make an informed decision.
Coverage
It is essential to compare policy coverage when comparing car insurance online. Look for policies that provide coverage for the most common risks that you might face on the road. For instance, coverage for accidental damages, theft, loss, or third-party liability. The coverage may differ from plan to plan.
Premium
Insurance premiums refer to the amount that you pay for insurance coverage. Compare car insurance rates online to ensure you get the best price for the coverage offered. Also, check how frequently you will need to pay the premiums, whether it is monthly, annually, or semi-annually.
Deductibles
Deductibles refer to the amount that you need to pay out-of-pocket in case of a claim. Some insurance policies have higher deductibles, which means you will need to pay a certain amount for repairs before your car insurance kicks in. Ensure to compare deductibles when comparing car insurance plans online.
Add-ons
Look for add-on covers you can avail of on your comprehensive car insurance policy. These covers give you extra coverage for parts that regular car insurance policy does not cover. Add-on covers include road assistance cover, No Claim Bonus protection cover, consumables cover, engine protection cover, and more. Check add-ons between policies to ensure that you receive adequate coverage that suits your needs while comparing car insurance policies.
Customer service
You want your insurance provider to be there for you in case of an emergency. Make sure you check the insurer’s customer services, such as the availability of 24x7 claim support, customer reviews, and satisfaction ratings.
Policy exclusions
Look and compare car insurance policy exclusions. Exclusions mention the conditions that the insurance provider does not cover when you make a claim. Read the policy wording carefully to ensure you know all the limitations to coverage.
Comparison between different types of car insurance
There are three different types of car insurance policies. Given below are a few key points of comparison between the three:
Aspects |
Third-party car insurance |
Own damage car insurance |
Comprehensive car insurance |
Coverage for own car |
No coverage |
Coverage for own car |
Coverage for own car |
Damage due to accidents |
Not covered |
Covered |
Covered |
Theft cover |
Not covered |
Covered |
Covered |
Premium cost |
Affordable |
Moderate |
Higher |
Additional add-ons |
No |
Optional add-ons |
Numerous add-ons |
Comprehensive protection |
No |
Partial |
Extensive |
