Here’s Why It Is Useful To Buy A Two-Wheeler Insurance Policy Online

By Navneet Arora

Gone are those days when purchasing a two-wheeler insurance policy meant approaching the insurance agent and then buying the policy suggested to you even if it did not have all those features which you were looking for.

It is the internet era where you can buy an insurance policy for your two-wheeler with a few mouse clicks. Buying two-wheeler insurance online entitles you to enjoy the following benefits:-

1. Cost advantage: – A digital medium helps insurer pare their operational costs, which are then passed on to customers in the form of cheaper premium rates. Usually, the brokerage in motor insurance policies is nearly between 15% and 20%.

The other benefit of the online avenue is speedy sales service and high efficiency. As policyholders can get timely updates on modifications in policies, this too has curtailed policy administration cost. Overall, technology has facilitated standardization and high quality of responses and services.

2. Instant policy issuance: – Online two-wheeler insurance comes with the benefit of easy documentation. Being a part of a digital network, your two-wheeler insurance policy is serviced automatically and all the documentation is managed digitally. It means the soft copy of a policy is issued instantly.

3. Easy comparison: – With so many insurance companies available in the market, how do you find the best insurer? The answer lies in the active comparison of all the available plan options. (Read more here.)

https://edtimes.in/2017/06/heres-useful-buy-two-wheeler-insurance-policy-online/