How to buy car insurance online?

What is online insurance buying?
As the name suggests, online insurance buying is buying insurance online . Online insurance buying is as easy as paying your utility bills online, booking a ticket through a travel portal or doing internet banking. If you can do the latter, the former won't be too tough for you.

Where can you buying online car insurance?
There are various online insurance portals. You simply register with them and fill in your details in electronically. The portal does the rest for you. And the best part is there is no charges for the same. Some of the leading online car insurance portals are
1- ICICI Lombard
2- Bajaj Allianz
3- TATA-AIG
4- IFFCO-TOKIO
5- Oriental Insurance
6- Royal Sundaram
7- HDFC Ergo
8- Reliance General

How to buy car insurance online?
Register: The first step is to register yourself with the online insurance portal. After registration, you will receive user id and password. Login with the user id and password. You would be required to give details, such as your name, address, cover option – comprehensive / third party only; previous policy cover date, previous policy no., registration no., make/model; area of operation etc. You can also choose and add -
1. NCB on renewals if no claim is made during the previous policy period.
2. Optional Personal Accident cover for co-passengers
3. 5% discount for recognised Automobile Association’s Members
4. 2.5% discount for ARAI approved anti theft device in your vehicle
Most portals have an option, wherein they provide step-by-step guidance. Almost all of them have online helpline numbers in case you need assistance, and few of them even offer the facility of live web chat to clear all your doubts.

Preview:The insurance portals understand that typos are possible, when so many details are entered. Therefore, there is preview option. Once you have filled up the form, you will get an option to review you application and where you can change earlier entered details.

Final submission: You pay the portal online with credit/debit cards. Once your payment goes through, the portal emails you the policy documents in a digital signed format. Download it and take a printout. In some portals like ICICILombard.com, you can change the premium amount into small monthly instalments without any extra charges.

Word of caution
Always check for the security certificate and use the same amount of caution as you have used while banking on the internet. The biggest advantage of doing it yourself is that you can do it whenever you want.