Apart from purchasing the best car insurance plan, you must equally prioritize processing your third-party car insurance online on time. Generally, there would be a grace period of around 30 days after which your car insurance will cease to exist. You need to process your four-wheeler insurance renewal within the grace time to avoid the insurance from getting lapsed. Once your car insurance expires, you won’t be able to renew it.
However, the majority of the insurance providers like Bajaj Allianz, Acko and many more offer online renewal options. Here are all you need to know about the third-party motor insurance renewal process. Read to know more!
How to renew third-party motor insurance
Third-Party motor insurance is one of the most important aspects of any vehicle. It is mandatory by the government as well as useful in terms of safety and financial security. Well, renewing third-party motor insurance is very easy. It is a very effortless process with basic steps that you need to follow.
To begin with, while renewing third-party car insurance online you can check various price quotes provided by IRDA. In addition, when your car insurance renewal online time arrives, you can also receive updates from your insurance provider via a message or mail as a reminder quoting your renewal. You can either select online insurance renewal or you can contact the insurer’s helpline for renewal.
You can also renew your car insurance through the VAHAN portal. It is one of the most reliable undertaken by the government initiative. All you need to do is to enter your vehicle registration number and policy details to log in and proceed with your car insurance renewal. Once the process is done, you will receive a confirmation message regarding the same.
The renewal process of third-party motor insurance with the same insurer
The process of Four-wheeler insurance renewal online is very easy and can be done within minutes. There are various platforms in the market which provide assistance during third-party motor insurance renewal. To do so, you can visit any online platform like Bajaj Insurance and can simply renew your third-party car insurance online.
In addition, while doing online third-party car insurance renewal you need to provide some basic details like; Car Model, Pin Code, Previous Policy Details, Registration Year, etc. Then, if you want your Four-wheeler insurance renewed with the same insurer you can simply log into your account and can make the payment of the policy by your selected mode.
The renewal process of third-party motor insurance with another insurer
The importance of a Four-wheeler insurance renewal is already well emphasized. It is important as well as crucial for all vehicles to be legally driven on the Indian roads. There are unlimited benefits of third-party car insurance that you might face after completing the renewal process. In addition, today there is a wide range of platforms providing third-party car insurance online in the Indian market.
One of the most trustworthy and transparent platforms for renewing third-party motor insurance online is Bajaj Insurance. You can simply visit this platform to complete the Four-wheeler insurance renewal process. When you visit this platform, you will find a toggle suggesting you renew your insurance policy. Under this toggle you will be redirected to a page and need to submit details like; car model, previous policy details, PIN code, registration year, etc.
After submitting the details you will be you can either select the prescribed premium by IRDAI or you can opt for a comprehensive policy. In the comprehensive policy, you will get extra features like your own damage cover. Then you can simply make payment against it by using various payment modes.
