Nevertheless, there is no second thought that Car Insurance Online buying is always better. If you do not believe it, try doing it and realise by yourself.

2.  Renewing car insurance can be a mind-boggling exercise for
you. Once your existing car insurance plan gets closer to the
expiry date, you may start calls from several agents every now
and then.
 Today, the information about your car insurance policy expiry
is shared by vendors with several companies and they keep
track of it – after all you are a potential customer for them.
 Some similar was the case with Rajesh Vishwakarma, a 34
year old finance manager working with a multinational IT
company in Gurgaon. He owns a Maruti Swift diesel engine car
and his car insurance was due in a couple of months.

4.  But he could issue a post-dated cheque so as to avail some
discounts and free gifts applicable for a particular period
of time. Initially, Rajesh found the offers of free watch,
bag, sun glasses etc lucrative but he found that it was not
worth it.
 When these offers did not cut ice, agents started deploying
other tactics. One agent said that it will be a great help if
he buys insurance from him because he had to meet his
sales targets. That was funny. Rajesh clearly said that he
was not interested and rather not concerned about his
sales targets.

5.  “I did not expect that all the information I needed to compare
quotes was available at a click of a mouse. Till now, agents were
making a fool out of me, and I had no choice but to rely on what they
say,” Rajesh expressed.
 His pleasant surprise converted into a true delight when he found that
there was a quite a lot of difference in price quotes. He finally decided
to go with the company which was offering the lowest premium rates
with the same features. This was simply a saving of around 20 per cent
over the lowest quote provided by an agent.
 But why there is such a notable difference in prices? Agents are paid
hefty commissions by insurance companies. These commissions range
in between the bracket of 10-30 per cent or even higher.

7.  “There is no point in paying commissions to agents when you can
renew your insurance policy online,” Rajesh believes No one likes to be
duped. It really hurts when you end up paying high prices for the same
product or service which could be availed at a much lower cost.
Millions of professionals like Rajesh wish to save on their hard-earned
income and online mode is a tremendously powerful tool which can
help everyone to make the best, well-informed decisions.
 Insurance comparison portals have transformed the way people
receive information. There is a complete transparency, and fairness.
Plus the insurance companies save a lot of cost if someone buys a
policy online. They do not have to pay hefty commissions and also the
cost of sales, marketing and policy documentation goes down by more
than 30 per cent.

8.  All these benefits are simply passed on to the consumers. For a
consumer, there is no limit to the benefits. Last but not the least, you
can pay through your credit card and avail a credit period of over 50
days, which is generally provided by all credit card companies. Several
people use their credit cards which get them cash back and bonus
points.
 Some cards, from Citi Bank or Standard Chartered for instance, offer 5
per cent cash back to their credit card holders. That means, if you pay a
premium of Rs 10,000, you get a discount of Rs 500 straightaway. Isn’t
a great deal for you?
 Nevertheless, there is no second thought that Car Insurance Online
buying is always better. If you do not believe it, try doing it and realise
by yourself.

9. To know more visit: https://www.bajajallianz.com/Corp/general-insurance/general-insurance.jsp
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