What Is the Difference Between Online and Offline Car Insurance Plans?

Until a decade ago, people were into the habit of browsing options online and still shopping offline. Usually, many people still prefer to buy gadgets and clothing offline. The reason for that is that they can get a feel for exactly what they are purchasing before they buy. But with the advancement of technology and faster and cheaper delivery of products, people also started shopping online. With a combination of smartphones, internet banking, tech-savvy sellers and buyers, one-day delivery and festive offers, online shopping has taken a huge advantage over offline shopping in almost all product and service categories. But what about four wheeler insurance? 

Many car owners struggle with the choice of buying car insurance online or offline. While the buying online is the popular method of buying policies, buying offline has been around for decades and is a well-established process. Both methods have their advantages, but in most cases, it is more beneficial to buy car insurance online than buying offline. If you are still confused, here are some direct benefits of buying car insurance online.

• Better access to research

You can find all the details related to car insurance policy by doing research online. There is also the insurance company website, blog posts, and policy terms. The online policy purchasing process will help in better research and comparison so that you can make informed and calculated decision. *

• Low premium

In general, car insurance policies that are purchased online are less expensive than insurance policies offered through offline purchasing. This is because companies that sell insurance companies online have lower maintenance costs and are less dependent on intermediaries, thus reducing the cost of paying commission. If you want to compare the total cost of buying car insurance through online and offline methods, you can use a vehicle insurance calculator.  *

• Quick purchase 

It is possible to buy a car insurance policy in two minutes through the app or website. No documents. No money to be paid as commission. No filling in the long form. No submission of a heap of paperwork. Online car insurance is fast, simple and effective. *

• Prompt service

The customer support team of the online insurance company will be at your service 24 × 7 in case you get stuck while purchasing or claiming or want to correct any error in the policy document. *

• Smooth claim settlement

Online car insurance eliminates the hassle of settling claims such as heavy documentation, coordination issues and money transfers. Online insurers offer instant claim settlement, cashless claims and seamless integration for blockchain, artificial intelligence and machine learning. With all these benefits and the lower car insurance prices, buying online is something you should strongly consider. *

* Standard T&C Apply

The points mentioned above show that buying car insurance online is better than buying car insurance offline. However, you need to look at these options from your perspective. Anyone who is tech-savvy, very comfortable with an agent-based approach and does not mind sacrificing online-based benefits may prefer the traditional approach.

If you find the online process tedious, ask for help from a millennial relative. It is a good idea to try to insure your car online as it is not difficult at all. If you find one method stressing you out, skip it and choose another. However, it is a legal requirement to have car insurance. Hence, you should be prompt with buying and renewing car insurance. Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms and conditions, please read sales brochure/policy wording carefully before concluding a sale.