Why should you buy car insurance online from ICICI Lombard?
We make life simpler!
Affordable premiums, easy renewals, quick claim settlement are some of the key features of our private car package insurance policy. We also have a set of certified workshops that provide digital survey for speedy claim processing, pick-up and drop, sanitisation of high touch points on your car, dedicated customer service manager and quality assurance on repairs.
Besides, we also offer unique additional covers at a nominal extra premium that can significantly boost your car insurance plan. By opting for add-ons in a car insurance policy, you can save a lot of money in repairs.
Pay As You Drive
Pay lower premiums for your car insurance with Pay As You Drive add-on
Pay-as-you-drive cover operates on the simple rule that you should pay less insurance price if you drive less. Since you are not out on the road often, you have a low accident risk, and your insurance bill should reflect the same.
Depending on your driving needs, you can opt for 5000 and 7500 km/year plans. If you exceed your plan’s kilometres, you can top up your insurance coverage with more kilometres for that particular policy year.
Unlike other car insurance policies in the market, these newly introduced add-ons are designed to give you more control of your vehicle insurance costs.
Since standard car insurance premiums depend on geography, make-model, and age of the vehicle and are not based on their usage, most car owners who opted for Pay as you drive policy saved on their premiums.
Our experience with the Pay as you drive policy under the Sandbox regulation in 2020 also helped us learn that 56% of customers chose to Pay as you drive over conventional insurance due to its cost-effectiveness and usage-based premiums. In comparison, 22% bought this policy due to its telematics benefits.
How to choose the right car insurance policy online?
What kind of coverage you need:
How much your car is worth:
Make sure the cost of your insurance policy matches your vehicle’s value.
How you drive:
our driving habits, such as how often you drive and what type of driving you do, can affect the cost of the insurance if you opt for pay-as-you-drive or pay-how-you-drive policies.
How much you’re willing to pay out of pocket:
Where you live:
Car insurance online costs can differ based on traffic and crime in your area.
Discounts:
Look for discounts you might be eligible for, such as discounts for having multiple policies, being a safe driver, or driving less.
Before buying car insurance online, read the policy details and fine print, and ask questions to clarify anything you need help understanding. Regularly reviewing your car insurance policy can help ensure that it continues to meet your needs and that you’re not overpaying for coverage you don’t need.
