In today’s digital age, checking your vehicle insurance status online is incredibly convenient. This is simply because it allows you to crosscheck/verify that your car is adequately insured, ensuring that you are legally compliant and financially protected in case of accidents or unforeseen events.
Around a month back, I was looking for my new Mahindra Thar car insurance online. I was shocked to witness that just by downloading a simple application, one can easily avail of this facility without going anywhere!
What is vehicle insurance?
Also called auto insurance, vehicle insurance is an insurance product that covers the financial risk of vehicle damage. It includes four-wheelers, two-wheelers, and even three-wheelers like autorickshaws.
The insurance offers protection against the damage that may occur due to accidents, third-party damage, traffic collisions, etc. They might even provide protection against the damage that has been caused due to weather conditions or natural disasters.
What are its advantages?
- Peace of Mind
The first and foremost factor is that you get peace of mind when you are covered under a car insurance policy. This is simply because when your vehicle is covered, you know you would get financial compensation if involved in any mishap.
- No Claim Bonus
If you don’t make a claim in your car insurance plan, you are bound to get a no-claim bonus. This is basically given in the form of a discount on the renewal premium. Trust me, you can even earn a discount of up to 50% using the no-claim bonus.
- Comprehensive Coverage
If you purchase a comprehensive plan, you may get coverage for third-party liabilities and also for the damages covered by your vehicle. In case of third-party liabilities and also for the damages covered by your vehicle. Moreover, the vehicle repairs are also covered under the plan, sparing your financial nightmare.
(Tip: You can easily bike insurance online check with just a few taps on your smartphone.)
- Helpful if the vehicle is stolen
If, under any unforeseen circumstances, you lose your vehicle, your insurance policy pays a lump sum benefit. This helps you replace your lost car without much financial strain.
- Protection against accidental deaths and disablements
Personal accident coverage is found in many insurance policies. This cover compensates you in a lump sum in case you face an accidental death or are disabled in an accident. This helps in meeting any kind of financial loss that you suffer due to such incidents.
What are the steps to check your vehicle insurance status online?
It totally depends on the application/platform you are using. I personally used the Bajaj Finserv official application for Car insurance online, and it is highly recommended.
Now, I’m not promoting this application but suggesting it as it is super easy to use. Apart from insurance, you’ll be able to explore other horizons, such as investments, recharge, etc., from it. Here are some steps to check vehicle insurance status online:
- Download the Bajaj Finserv application
- Sign up using your mobile number
- On the home page, go to the ‘Insurance’ section
- Check Insurance Status
- Enter the required information, such as your policy number, vehicle registration number, or customer ID, and you are good to go.
Conclusion
So whether it is checking vehicle insurance status online or you have a question in your mind that “how to check bike insurance expiry date online,” you just need to pick up your smartphone. Digitalization undoubtedly has many benefits to offer, and it obviously makes your day-to-day life easier. Moreover, it saves a lot of time, money, fuel, and energy!
