Home5 Reasons Why Buying Car Insurance Online Is A Smart Choice
5 Reasons Why Buying Car Insurance Online Is A Smart Choice
5 Reasons Why Buying Car Insurance Online Is A Smart Choice Blog
An insurance policy for a car is necessary as a car is a luxurious commodity that is often prone to damage. According to the Road Transport Act 1987, it is compulsory for all car owners in Malaysia to have a valid car insurance and road tax, both of which need to be renewed on a yearly basis. I’m Yuna and today i will tell you the 5 reasons why buying car insurance online is a smart choice.
1. Online Car Insurance Plans Are Cheaper Than Regular Ones
The primary reason why you can choose taking an online insurance plan for your car as it is quite cheaper from the plans available offline. In general, offline car insurance plans are controlled by agents who may charge a certain commission to the insurance company for selling their product. The scenario is different in case of online policy purchases where you only need to pay the required processing fee and no extra expenses. Thus, you save your money by purchasing a policy online as it involves 0% commission charges.
2. Ease Of Comparison
Before purchasing a car insurance plan, you must compare it with the other available alternatives. You can do the comparison of premiums easily online from the convenience of your home. The online comparison helps you save a lot of time too while thoroughly looking into various plans in a short period. You can visit Fincrew.my to compare different plans offered by different companies in a few steps.
3. Online Insurance Plans Have Minimum Paperwork
Offline car insurance plans comprise of a lot of paperwork which you need to fill-up during the purchase. This is a time-consuming process. Moreover, you have to make sure no errors occur in any paper while filling the documents. Online plans are smart to purchase as you can correct any errors and fill up the online proposal forms with minimal or no paperwork.
4. Easy Renewal Process
Every car insurance plan has a specific validity period, after which it needs to be renewed. In the case of offline plans, you will need to talk to the agent and pay him the renewal charges to renew your plan. Whereas, if you renew a car insurance online, you can pay digitally in no time and in a hassle-free and secured manner.
5. No Chances Of Manipulation
Online purchase of an insurance plan is a transparent process. Thus, it has no chances of manipulations of any kind, be it your premium amount or policy terms.
360° Insurance Coverage
You plan to shop online for the best auto insurance policy when you get home. After that, you’ve also got to start shopping for a provider with the best interest rate as you plan on applying for a personal loan or SME loan soon. And oh, your medical insurance will be lapsing soon, and you need to renew it before it expires. It reminds you of the home insurance you’ve been putting off for so long! How will you ever manage with so many financial services to attend to at once? How will you ever manage?! We are introducing the new and improved FinCrew! You don’t have to dash from one tab on your browser to the next anymore! With our newly optimized user interface, you now have all the financial products and services you could need.
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