how to choose the best car insurance and apply online

We invest a lot to bring home our dream car, but, more than often we avoid buying car insurance, which is an investment truly worth making. One avoidance and you can land into unwanted crisis. According to the motor vehicle act, 1961, it is mandatory to have at least third party insurance for every car plying on the roads. An insurance policy covers a variety of expenses occurred from an unforeseen event of accident, theft, or natural disaster. Further, the legal liability to third party personal injury or property damage occurred out of a mishap is also covered under the policy.

As it is mandatory to have car insurance, it is also important following a checklist before you apply online. So, here are few quick tips to keep into consideration while buying the best car insurance:

• Get quote first – Keep first things at first. As there are several insurance companies in the market, it is best to initially get the quote online. You can compare car insurance from different companies at https://www.applykaroo.com/ and get the quote along with the premium costs and coverage benefits they offer. Comparing policies give a clearer view and therefore, can make a better decision to buy best insurance policy.
• Comparing premium and coverage – For most people, premium is the key factor in decision making, but, it is also significant to compare coverage benefits along with premium costs. This is because prices are directly proportional to the coverage offered. Often the cheapest car insurance policy might not provide the best coverage benefits. Therefore, one should apply for an affordable policy that keeps up a balance between the premiums paid and the coverage.
• Consider history of the insurance company – Though most people feel that this is not probably an important factor to be considered while choosing an insurance plan. However, the fact is somewhat reverse. It is vital to check the claim history of the insurance company and try opting for a company with high claim settlement ratio. Your investment in insurance would be useless if you don’t get claim benefits. Hence, it is advisable to look for the best car insurance company with a good market reputation and good claim settlement ratio.
• Don’t ignore the deductibles – While you apply for car insurance, always remember the fact that a range of deductibles are associated to an insurance policy, which ultimately brings down the cost of premiums. In other words, you might be paying higher premiums if you choose to buy a policy with lesser deductibles. Technically, higher deductibles ultimately save pennies paid on the overall premium.

By now, we hope, you have got enough understanding and information to crack the best car insurance deal.