Chennai: ‘When purchasing a car insurance policy, don’t only depend on insurance agents or companies as you may miss a cheaper and better deal possible in the competitive online environment. In addition, many organisations offer lower rates on online purchases mainly because the process entails less paperwork, operational savings, and other overhead charges, which conventionally is passed on to the customer,’ said TarunMathur, CBO-GI, Policybazaar.com.
‘But, be mindful and ensure the comparison is between similar policies and features. Currently Policybazaar is providing up to 85 per cent discount on OD and Comprehensive motor insurance plans,’ he added.