Don’t forget to check the best car insurance policies available in the market as you check the features, engine, seating arrangement, and interiors while buying a new car. It is a must to protect your finances as an accident might usurp your savings in one go. However, you must also know how to get the best 4-wheeler insurance that provides extensive coverage and the services that you require. These days, car insurance companies offer a website for getting and renewing policies online. Bajaj Allianz car insurance online renewal  process is one of the easiest and convenient ways to keep your car insurance valid. The things that you can look for in a four-wheeler insurance policy are listed below:

Be careful while selecting the deductibles 

A claim reimbursement settlement includes a deductible that refers to the amount that is not covered by the insurer. It is a fixed amount that is disclosed at the time of policy purchase. Some insurers provide a fixed deductible whereas some insurers allow you to select a deductible. 

Selecting a higher deductible will reduce the premium. Choose it only if you drive safely. However, remember that it will increase your out-of-pocket expenses after car accidents and damages. 

Check IDV carefully

IDV (Insured Declared Value) is an essential factor that you must check before signing the policy papers. It is the value that is decided upon the factors like age, market value, and condition of your car. 

Sometimes, your four-wheeler might get damaged completely. Also, a natural calamity or man-made disaster can ruin it totally or it may get stolen. During such cases, an insurer will provide total compensation as per the IDV (Insured’s Declared Value) declared at the time of the accident. Therefore, you must check the IDV carefully as it will determine whether the total reimbursement is good enough to cover your losses. 

Add-on covers 

An add-on cover will help you to maximize the benefits of 4-wheeler insurance. Various types of add-on cover plans are available in the market. Zero depreciation, engine protection, and pillion rider cover, are in great demand. Each one of these add-on covers has its specialty and features. 

However, choosing them will increase the insurance cost as well. Therefore, you must be prudent while purchasing one. Get the covers that are essential for your car. For example, a zero depreciation cover will be ideal for minimizing your out-of-pocket expenses after an accident. Get it if you own a luxury or expensive car or any other four-wheeler. The parts made of rubber, plastic, glass, etc. come into this category. 

Retaining NCB 

NCB is referred to the No Claim Bonus that you earn for every year in which you don’t make any claims. NCB plays a pivotal role in determining your car insurance premium for the subsequent year. However, not renewing your car insurance on time may cause the NCB to lapse. To avoid this, you must renew the 4 wheeler insurance policy on time. Set reminders and be aware of the expiry date of your insurance. If necessary, choose a long-term policy to avoid the hassles at the last minute. 

Opt for the Bajaj Allianz car insurance renewal online for a quick, convenient, and hassle-free car insurance renewal process. You will be eligible for a 50% NCB transfer even if you transfer the 4 wheeler insurance plan from another insurance company. Features like cashless service, 24/7 roadside and customer support assistance, adequate coverage, and multiple insurance plans and types allow you to choose the best car insurance for your vehicle.