Your RTO details
RTO name
Contact No.
  • City & RTO
  • Car Brand
  • Car Model
  • Car Fuel Type
  • Car Variant
  • Registration Year
Get Car Insurance starting at only 2094/year #
Compare & Save upto 85%* on Car Insurance
  • Renew policy in 2 minutes*

  • 21+ Insurers to choose

  • 1.2Cr+ Vehicles Insured

    Other models
    Other variants
    Select your variant
    View all variants
      We don’t spam
      View Prices
      Please wait..
      By clicking on “View Prices”, you agree to our Privacy Policy & Terms of Use
      Get Updates on WhatsApp
      Select Make
      Select Model
      Fuel Type
      Select variant
      Registration year
      Registration month
      Save & update
      Please wait..
      Search with another car number?

      We have found best plans for you!! Our advisor will get in touch with you soon.

      What are the Pros & Cons of Changing Your Car Insurer?

      Your car insurance premium is one of the important expenses that you regularly pay to protect your car from road emergencies. There might be a case when you are not happy with your current insurer and want to change your car insurance provider. To help you make a better decision let’s have a look at the pros & cons of switching to a new car insurance company.

      Read more

      Reasons You Should Switch Your Car Insurance Company

      A car insurance policy is a mandatory certificate that all car owners’ must-have. Since it is a legal requirement, you might look around at different options to get the best deal and offers you the maximum coverage at an affordable price.

      Here are some reasons that you might look to switch your car insurer-

      • Better Coverage & Benefits- It is always better to switch to another car insurance company that offers more coverage benefits at a similar premium. You can visit the official website of the Policybazaar Insurance Brokers Private Limited, where you get an option to compare multiple car insurance plans offered by different insurers. It helps you select the one that suits your budget.
      • Limited Network Garages- If your existing car insurance company does not offer you a wide range of network garages, you should explore other options that include a wider network of cashless garages to help you with emergency repair services.
      • Change in Location- In case you have just shifted to another place, you can explore various car insurance plans offered by motor insurers and switch to a new car insurance company.
      • Poor Customer Service- Another common issue is the poor customer service from their insurers. After all, if you are in an emergency, do you want to get immediate assistance? So, if your car insurance provider is unable to satisfy you, you always have the option to change your insurer.

      All the above reasons for changing or switching to a new car insurer are valid. Also, you must explore and compare multiple plans until you get a better deal.

      Tips to Change Your Car Insurance Company

      Listed below are some tips you must follow to get a successful deal- 

      • Compare Multiple Car Insurance Policies- The very first tip to catch the best car insurance plan would be to compare car insurance plans offered by multiple insurers on our website.
      • Know the History of the Car Insurance Company- Before sealing the deal; you must know the claim settlement history of the insurer. For a better understanding, visit their social media pages and get an idea about their claim settlement process through customer feedback & reviews. Never run behind 'cheap or free' insurance policies. Instead, pick a company and plan that suits you and is under your budget.
      • Obtain Maximum Coverage- Buying a third-party cover will help you to stay on the safe side but it will not be enough to protect you adequately after anything happens to a vehicle in an accident. Therefore, opt for comprehensive car insurance, so you get the maximum coverage, and you can also buy add-on covers if needed.
      • Cancel Your Current Policy- The last step while switching to a new insurer is to inform your current insurer through a written notice. This will make sure that you have notified your insurer to cancel your existing policy.

      When is the Right Time to Inform Your Current Insurer?

      When you have planned and decided to switch to a new insurer, you must give a notice 30-days before the cancellation. Moreover, they might give you a better deal on car insurance renewal premium, and might let you reconsider your decision to switch.

      Are There any Cancellation Charges?

      If you are planning to switch during the policy renewal, you will not pay anything to your current insurer. However, in case you are cancelling the policy in the mid-term of your policy period, your insurer is likely to reimburse your premium amount on a pro-rata basis.

      Cons of Changing Your Car Insurer

      There are some disadvantages associated with changing your car insurance company

      1. Some insurers lower your premiums that you might miss out on if you switch to another insurance provider

      2. In case you are changing your insurer, you might lose out on some exciting deals.

      3. It will take time to build a trusted relationship with your new insurer.

      Therefore, you must consider both pros and cons of switching to a car insurance company and make a wise decision without hurting your pockets.

      Final Thoughts

      With the multiple car insurance companies and plans available in the market, it is better to explore and shop for the best option. Remember, avoid leaving your car uninsured in the search of finding a suitable plan, this might leave you paying heavy penalties to the traffic police.

      Find similar car insurance quotes by body type

      Hatchback Sedan SUV MUV
      Save upto 85% on Car Insurance
      Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
       Why buy from policybazaar
      Claim Assurance Program

      Car insurance articles

      • Recent Article
      • Popular Articles
      20 Jun 2024

      Top 5 Car Care Tips to Beat The Summer Heat

      The extreme heat and constant heat wave warnings have made

      Read more
      11 Jun 2024

      How to Check Car Owner Details By Registration...

      Scenarios like hit-and-run accidents or purchasing a second-hand

      Read more
      21 May 2024

      Get Faster Claim Settlement with Policybazaar...

      Getting your car insurance claim settled is no longer a hassle

      Read more
      17 Apr 2024

      Understand the Nitty-Gritty of Car Insurance...

      Have you recently purchased a car insurance policy for your new

      Read more
      22 Feb 2024

      IDV in Car Insurance

      In layman's terms, the IDV full form is the Insured Declared Value

      Read more
      11 Aug 2021

      How to Check Car/Vehicle Insurance Status Online

      It doesn’t matter if you are an excellent driver or take your car out only once in a few months; your vehicle must

      Read more
      20 Jun 2019

      Getting Your Duplicate Car Insurance Policy is...

      Losing your car insurance documents can be daunting. In such a state of affairs, the first thing that comes to your

      Read more
      20 Dec 2021

      How To Find Car Insurance Details By Registration...

      Sometimes, you may face situations when you need car insurance or vehicle owner details but cannot readily access

      Read more
      03 Jun 2016

      How to Transfer Car Insurance Policy?

      An integral part of selling a car for both the buyer and the seller is ensuring a successful car insurance transfer

      Read more
      20 Jul 2017

      Comprehensive Insurance Vs Third Party Insurance

      Comprehensive car insurance offers protection to the insured car against third-party liabilities and own damages due

      Read more

      #Rs 2094/- per annum is the price for third-party motor insurance for private cars (non-commercial) of not more than 1000cc

      *Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.

      ##Claim Assurance Program: Pick-up and drop facility available in 1400+ select network garages. On-ground workshop team available in select workshops. Repair warranty on parts at the sole discretion of insurance companies. Dedicated Claims Manager. 24x7 Claim Assistance.

      View Plans
      Download the Policybazaar app
      to manage all your insurance needs.