Why you should buy car insurance online?

With the proliferation of digital channels being used to sell all kinds of goods, it was only a matter of time that this wave hit the insurance industry, and people turned to the internet for everything, from car insurance purchase, to motor insurance claim.

Read more


Third-party rates expected to increase* soon. Renew today!


Third-party rates expected to increase* soon. Renew today!

Stay home & renew car insurance in 2 minutes

No documents required
Get Car Insurance starting at only
Other options
Get Car Insurance starting
@ only 2072/year*
  • Save up to 85%* Lowest Car Premiums

  • 20+ Insurers To Choose From

  • 51 Lakh+ vehicles insured

*TP price for less than 1000 CC cars. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

Top Plans
Cashless Garages
Plan type
Starting from
₹ 2,727
Check premium
Claim Advantage
Self-Video Claims
Reimbursement Within 7 Working Days For Non-Cashless
Cashless Garages
Plan type
Starting from
₹ 2,757
Check premium
Claim Advantage
Self-Video Claims
Reimbursement Within 7 Working Days For Non-Cashless
Cashless Garages
Plan type
Starting from
₹ 2,868
Check premium
Claim Advantage
Spot Claims Upto Rs. 30,000
Repair service at select cashless garages
See more plans

Above-mentioned prices are for a 7-year-old Maruti WAGON R AVANCE LXI (998 CC) registered in Gurgaon and 15 days before expiry of previous policy

buy car insurance online

Thanks to the increasing use of smartphones and apps, insurers are able to better reach out to their customers over the Internet.

In fact, many car insurers have also gone online in a big way, selling auto insurance policies to working professionals who are completely digitally native and prefer to buy motor insurance online.

Before jumping onto the online bandwagon, it is prudent to consider whether online car insurance is really the best option for you.

Benefits of buying car insurance online

Price Paid For Car Insurance

When you purchase motor insurance online, you can pick out a policy and make the payment directly. Since there is no paperwork and physical documentation required, insurance companies benefit from this. Furthermore, no need to pay agents a commission for selling you a policy, which is why, it is cheaper to purchase car insurance online.

The lack of distribution and processing costs brings down the price of the policy. The savings are usually enjoyed by customers in the form of lower premiums.

Furthermore, in order to stay competitive and encourage more customers to purchase policies online, insurance companies also provide customers with discounts and offers, sometimes up to 60-70%. Furthermore, since credit card companies have reward points system and discounts on online transactions, this can bring the price down further when you buy motor insurance online.

Free From Agents

Dealing with insurance agents can sometimes turn out to be cumbersome, as they have their own agendas and they push for policies so that they can earn good commissions. Since agents may not be as impartial as you’d hope, purchasing car insurance online just might be a better option. Plus, there is the added threat of theft and having to deal with fake agents.

Of course, for those who would rather have their queries answered and doubts addressed in a more prompt fashion, dealing with an agent is more convenient than having them answered online or by agents at the call centers. Agents can advise you about hidden clauses and provide you with smart investment tips that you might not necessarily be able to avail if you buy motor insurance online.



1. Cheaper

1. Identity Theft

2. Faster and More Convenient

2. Leakage of personal information

3. Submission of accurate information

3. Challenge in clearing doubts online instead of with an agent

Security and Convenience

When you purchase a car policy online, you can compare various options, pick a policy and complete all the paperwork online itself. Plus, you can ensure that the information is filled in accurately, as agents might miss out on vital information if you rely on them to fill out your form. This can later lead to the claim being rejected altogether due to inaccurate information provided.

Also, having to go to a car insurance office in person can prove to be a time-consuming task, sometimes requiring several trips back and forth. The online route also makes it easier to save all your important documents, where there is no threat of physical documents being stolen or damages by the fire or a natural calamity.

There is however, that risk of personal information being leaked, or credit card information being accessible to thieves if you purchase motor insurance online. Choosing a policy provided by a well-known brand is more prudent, as they would have all their safeguards in place. Policyholders should also remember never to share their policy details with anyone online, posing as the company representative – they should only refer to the company website and speak with the customer care agents listed.

Renewals and payment of premiums

It is quite easy to forget that the payment of a premium is due, and this is where having an online account helps. Timely reminders are provided to the policyholders so that they never miss out on making payments or renewing their policy, thereby ensuring that the policy does not lapse.

Furthermore, since everything is online, you don’t need to follow-up with agents during renewal, or having to make many trips to the insurance provider’s branch.

Of course, during the time of renewal, your insurer might want to inspect your car, and in such cases, renewing your policy online might not be possible.

Wide Policy Options

With online comparison tools provided, it is now easy to compare policies. You can choose those features that suit your requirements and build a package according to your needs in an easy and transparent manner before you complete the purchase of your motor insurance online.

Insured Declared Value (IDV)

The value of your car is assessed by the insurance company in stages, in order to gauge its current value. The Insured Declared Value is that value, once depreciation is deducted from the original value of your car. Usually, the lower the IDV, the lower the premium paid. But, this could mean trouble when the time comes to make a claim. Buying car insurance online can prevent such a situation from taking place to a large extent.

Cashless facilities

With online car insurance, policyholders can also avail the cashless facility. When the time comes to repair your vehicle, you can simply make a claim online and opt for the cashless garage facility where the insurer will directly pay to the garage.

Weigh the pros and cons, consider all scenarios and thereafter decide whether online insurance is the right fit for you.

Written By: PolicyBazaar - Updated: 26 June 2021
You May Also Like
  • Transferring Car Insurance from One Person to Another

    Transferring Car Insurance from One Person to Another An integral part of selling a car, for both the buyer and the seller, is ensuring a successful car insurance transfer to the new owner. But sadly, most people have...

    read more
  • 9 Secrets That Your Motor Insurance Provider Won’t Tell You

    9 Secrets That Your Motor Insurance Provider Won’t Tell You Due to the dangerous driving conditions, it is compulsory to have third party insurance for every vehicle plying on Indian roads. It ensures the overall saf...

    read more
  • Money Saving Advice for All Car Owners

    Money Saving Advice for All Car Owners After a dream home, a dream car is your second-largest purchase that you make in your lifetime. But the expense does not cease when you drive off the car dealer's lot. Read mor...

    read more
  • Difference Between Comprehensive Insurance and Third Party Insurance

    Difference Between Comprehensive Insurance and Third Party Insurance Comprehensive insurance is insurance coverage that pays for the repair or replacement of vehicle damages resulting from an incident. Comprehensive ca...

    read more
  • Types of Motor Insurance

    Types of Motor Insurance The word Motor broadly covers a lot of classes of vehicles plying on the roads. These may be two-wheelers like scooters and motorbikes, three-wheelers or four wheelers like private cars, jeeps, ...

    read more

Find similar car insurance quotes by body type

Hatchback Sedan SUV MUV
Car insurance save up to 85
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Calculate your car IDV
IDV of your vehicle
Calculate IDV
Calculate Again

Note: This is your car’s recommended IDV as per IRDAI’s depreciation guidelines.asdfsad However, insurance companies allow you to modify this IDV within a certain range (this range varies from insurer to insurer). Higher the IDV, higher the premium you pay.

Policybazaar lets you compare premium prices from 20+ Insurers!
Compare Prices

Why buy from Policybazaar?

  • 24x7 Claims Assistance
  • Cashless Assurance
  • 3-Day Repair Assurance
  • Free Pickup & Drop
  • Self Video Claims
  • Windshield Claims At Home
View Plans

Car insurance articles

Recent Articles
Popular Articles
Can You Claim Car Insurance with a Temporary Registration Number?

19 May 2022

When you buy a car, you get a temporary vehicle registration...
Read more
KP in Car Insurance

17 May 2022

KP in car insurance refers to the Key Protect add-on cover that...
Read more
Manual versus Automatic Car Insurance - Effect on Insurance Premium

12 May 2022

When it comes to transmission systems in cars, there are two...
Read more
Everything You Need to Know About Private Car Insurance

09 May 2022

A car insurance policy is not just a mandatory requirement but...
Read more
All You Need to Know About CNG Car Insurance

06 May 2022

If you are planning to get a CNG kit fitted in your car or...
Read more
Car Depreciation Calculator
If you are looking to purchase a new car or planning to sell your existing one, it is important to know how...
Read more
Transferring Car Insurance from One Person to Another
An integral part of selling a car, for both the buyer and the seller, is ensuring a successful car insurance...
Read more
Check Car Insurance Status Online on Parivahan Sewa/ RTO?
In India, buying car insurance is a compulsion for every car owner. It doesn’t matter if you are an excellent...
Read more
Getting Your Duplicate Car Insurance Policy is Easy-Here’s How!
Losing important documents, such as your car insurance documents, can be daunting. In such a state of affairs, the...
Read more
Multiple Ways To Check Your Car Insurance Status Online
All insurance companies in India now have a digital presence. It not only makes it easier to buy insurance online...
Read more