Sunday 30 December 2012

Motor Car Insurance Renewal Errands

Thought of narrating a small experience that I had to go through today renewing my car insurance which was associated with New India Assurance company.  The insurance had expired 1 day before which I had not noticed.   The New India Assurance company web site did not allow me to renew the insurance indicating that it had expired and hence it cannot be renewed !.   It did not provide any easy means to purchase a new policy too.   It was a nightmare using their insurance portal.   Later, I tried TATA AIG with some hope of getting positive news, but landed into the same issues ("would not allow renewal of already expired policy").    When I contacted them over their toll free number, I was told that it would take 4-7 days to get a new policy :-) which was pretty disgusting.   Further, their premium calculator was showing a whopping 24,000 Rupees.

I then tried ICICI Lombard which was pretty easy to use, very intuitive and gave me an option to renew my expired policy.  Their executive over phone were friendly and guided me easily through some issues in their portal page which I overlooked.   I got my policy in less than 30 minutes.   Further, the premium was just Rs 15,000 Rupees.   What a difference between TATA AIG and ICICI Lombard!

I think for people looking for easy and online buying/renewing of motor car insurance, ICICI Lombard is the way to go.

I also heard the claims if any are pretty hastle free with some prompt service.  

Thanks to ICICI lombard for making my life easy.