Renew Your Car Insurance During Coronavirus Lockdown

Written by Sharad Bajaj

Updated On Oct 14, 20232 min read

Wondering what the pandemic means for your car insurance? Read this article to find out.

The contagious pandemic Coronavirus Disease (COVID-19) has spread to 189 countries and has claimed over 23,700 lives. At the moment, while the global count of confirmed COVID-19 cases stands at over 5,29,000, the disease has infected more than 700 people in India. Thus, in an attempt to contain the spread of the virus, Prime Minister Narendra Modi has imposed a three-week nationwide lockdown till April 14.

While the lockdown is essential at the moment, it has also created some degree of panic amongst people regarding the normal functioning of everyday activities.

This article is aimed at addressing all your concerns regarding the insurance policy of your much-loved car/bike.

How Can I Renew My Car Insurance During Coronavirus Lockdown?

One of the most buzzing questions currently is how to get the car insurance policy when the country is under a lockdown. Well, we at InsuranceDekho understand and stand together with you in this tough time and are there at your service to keep your motor insurance renewal process hassle-free.

If your car insurance renewal is heading towards its expiry, you can get it renewed instantly in just few steps at InsuranceDekho.

How To Renew Motor Insurance Instantly at InsuranceDekho?

You can get your policy renewed right away by visiting Insurancedekho.com by following the below-mentioned steps:

Step 1: Click on the option “Renew Policy Instantly in 2 steps”. Enter the registration number of your last year's policy bought at InsuranceDekho and proceed by entering the OTP sent to your registered mobile number.

Step 2: Tell us if you had made any claim during the last policy period or not, so that we can display the quotes considering the applicable No Claim Bonus (NCB). Choose the plan and make the payment. You are done!

Do I Need To Renew My Car Insurance During Coronavirus Lockdown?

If your motor insurance policy is due for renewal, then yes, you need to renew your policy even during the coronavirus lockdown in India. This is because, as per the Indian Motor Tariff, at least a third party car insurance policy is a mandatory requirement for all vehicle owners in the country. Under the current traffic rules, driving an uninsured vehicle, i.e. a vehicle without at least a third party only car insurance, attracts a fine of ₹2,000 and/or imprisonment of up to 3 months for the first time offense.

What Should You Do Before Renewing Car Insurance?

These are a few things to keep in mind before renewing your car insurance:

Renew Online and On Time: Keep in mind that your car insurance needs to be renewed before it is expired. With an expired insurance policy, you cannot receive compensation in case of a mishap. Moreover, the NCB that you have accumulated for your claim-free years will be lost. With the option of renewing online, you can also avoid any of the risks involved in getting it done physically either with an agent or at your insurance provider’s office.
Check Terms and Conditions: The insurance provider can make a number of changes to the policy over a year, make sure to check the terms of conditions to ensure the policy still fits your needs.
Compare Car Insurance Policies: Renewal is a good time to review your car insurance to make sure you get the best deal. One of the benefits of renewing your insurance online is that you can compare the different car insurance companies, the quotes they’re offering and their network of cashless garages with a few clicks. Moreover, since your NCB is carried over you make no losses in shifting your policy.
Discounts: You can avail of discounts by installing anti-theft devices in your car. Make sure to do this before renewal to be able to enjoy the lower premiums.