In today’s world a lot of people are using online platforms to buy different kinds of product and services. A lot of the fashion stuff today is also bought virtually though you always need a perfect fit for the same so why not a car insurance policy?
The major reason behind it is a lot of misconceptions surrounding the same regarding authenticity & reliability. One should be very clear that any insurance broker or an aggregator who is selling insurance online has to have an IRDA license similar to an offline broker or an advisor. You can even see their license numbers written in the footer of their websites as mandated by IRDA. Now looking at the reliability factor, this is another misconception why people don’t buy car insurance plans online. Doing a transaction online today is even been promoted by the Government of the country today and even offering incentives for it, so reliability is also no more a factor which should govern your decision to buy an insurance policy online.
But still if you are wary or reluctant about buying a car insurance plan online then you should better look into the benefits as discussed below