5 Reasons Why You Should Switch Your Car Insurance Provider

A comprehensive car insurance policy should be flexible, beneficial and worth the investment. You might already have car insurance if you own a car, or might be in search of one if you have purchased a new car. Several car insurance companies in India offer car insurance at competitive rates. Thus, it is always a good idea to search the market for plans that fit your changing needs.

If you are thinking of switching car insurance providers, but do not know on what basis to do so, here are 5 reasons to compare car insurance providers and make the switch.

car insurance


1. To get a more cost-effective policy

Comparing car insurance quotes hurts no one, especially when car insurance quotes comparison can help you save your money. There are several car insurance companies in India that can offer you the coverage you need at the price you want. And now, since you can purchase car insurance online, it is a lot easier to compare companies and the plans they offer. Moreover, it helps in staying up-to-date with insurance prices as it helps in getting a cost-effective and quality deal, especially when your car insurance is nearing its expiry date. It also eliminates the chances of overpaying and being under-insured. You simply pay as per your budget for the plan that you prefer.

2. To avail of the most optimum coverage

Coverage is the most important aspect to look for while buying car insurance. Sometimes, one insurance company will offer you better perks, more benefits and discounts at a lower premium rate than what you pay to your current insurance company. A comprehensive car insurance policy gives you add-on covers like zero depreciation, engine protection and roadside assistance, among others. When you compare car insurance providers and the policies they offer, you get more value out of your premium and a chance to get higher-quality coverage. It is also better to switch your car insurance provider if you are not getting to customize or choose the coverage you need.

3. To opt for seamless and hassle-free claim assistance

Filing a car insurance claim is when customers usually see the quality of service provided by the insurance company. If your car insurance company has a history of bad claim management, it is best to make the switch before you come under fire. An ideal car insurance provider should have a proven history of handling claims in a quick, efficient and hassle-free manner. These are basic services that prove that you are receiving your money’s worth.

While you can get car insurance through word of mouth, it is advisable to research and compare car insurance. The easiest way to do this is to compare and purchase car insurance online. This saves time and the cost of middlemen or agents. Moreover, you can find quantitative evidence of the company’s services online through parameters like customer testimonials, claim settlement ratio, network garages, awards, etc.

4. To enjoy dedicated and expert customer service

As important as quick claim-assistance is, so is prompt and reliable customer service. If you have experienced rude or inefficient customer service before, during, or even after you buy car insurance, it is better to switch your provider. An unwillingness to address doubts and queries and provide immediate help point to poor customer service.

Good customer service is an indicator of well-trusted and reliable insurance companies. So, look for an insurer that is not only willing to assist and guide you based on your needs but has a proven record of doing so through the years. An insurance company with a decent turnaround time in addressing customer concerns will also most likely have a smooth claim settlement process. It is recommended to switch your car insurance as soon as possible if you have been a victim of unsatisfactory customer service and claim-assistance with your current insurance provider.

5. To accommodate any change in circumstances

Any changes to your life/circumstances can also affect your car insurance price. For instance, if you are buying a new car, you will have to pay a higher premium to buy insurance as compared to a simple car insurance renewal of your current car. If you have just been through a car accident, it is likely that your car insurance price will shoot up.  Even moving to a different city affects car insurance. As car insurance prices vary in urban and rural areas, it helps to compare car insurance providers to see if the coverage you get is adequate for the premium you are paying. Getting car insurance quotes comparison from different insurance companies can help you avoid overpaying or being underinsured.

To sum it up

If you want to switch your car insurance company, it is best to first consider the five factors mentioned above and compare car insurance companies in India. Do not rush into making the switch. Also, consider extra factors like penalties for leaving your current insurance company before the expiry of your policy. Ensure that the new insurance provider offers you the complete package.