All about Car Insurance Renewal
Car insurance (also known as auto or motor insurance) is purchased to protect your vehicle from unexpected risks. It basically endows with protection against the losses incurred as a result of unavoidable occurrences. It helps cover against theft, financial loss caused by accidents and any subsequent liabilities.
The premium of the policy is reliant on certain criterions like the type of coverage, voluntary excess, the value of the car, vehicle classification; etc. The policy gives the confidence to drive peacefully. GIBL helps you to Figure out the right insurance policy, fulfil all requirements and save your valuable time.
Key Benefits of Insuring Your Car with GIBL
- √Cashless settlement
- √Hassle free claim settlement
- √Instant Claims Assistance and SMS updates
- √Quick and easy online purchase process
- √24x7 Spot Assistance
- √24x7 telephonic service, even on holidays
- √Facility of towing
How to Purchase Car Insurance Online
- √You can buy car insurance plans directly from GIBL portal car insurance companies.
- √You are assured of a seamless experience with minimal paperwork.
- √You can compare the available plans and make a prudent decision.
- √The online payment process is fast, secure, and completely hassle-free.
- √Expert assistance is provided in resolving claims and other issues.
It is pivotal go for car insurance renewal on time, as it holds back to unexpected situations and monetary liabilities. The policy that is not renewed in time is a lapsed policy. Here are some results which you can face having an expired policy.
- √When a policy expires, it is not valid anymore, continuing with an expired policy hits you with penalties or legal charges.
- √If you possess expired policy, you may incur heavy financial losses in case of an accident.
- √Holding back an expired policy makes the entire process cumbersome. Additional cost has to be paid for the survey of your vehicle while renewing an expired policy.
How to Go for Online Car Insurance Renewal
- √Log in to the GIBL website and select the option for policy renewal. You may be required to clarify if you are a new customer or an existing one.
- √You will get an application form that will have to be filled out accurately and submitted. The form should be updated with the details of the expired policy.
- √The next step is the payment. Premium payment can be done through debit or credit card.
- √Once the payment has been made, the insurance company validate the information you have submitted in the form. You will then receive an acknowledgement of the renewal request.
Online car insurance renewal is a very handy method. It is fast, consistent, and highly protected. You can compare the various insurances available at GIBL portal to opt for the best cover for renewal.
You can not only renew your existing policy, but you can also choose a new policy with a different premium as suited to your requirements. You should make use of this facility as much as possible.