Points to keep in mind while purchasing car insurance via mobile app

With the gradual changes in time, many of your daily practices and processes are taken under control by a smartphone. And when it comes to motoring practices, the use of smartphones have become very much crucial. Many insurance companies nowadays are offering all of their services at just a touch of a button through their respective mobile applications – to ease and fasten the processes involved.

However, these practices on smartphones don’t come with an agent and you will mostly finalise all the processes. So, before opting for a particular insurance cover for your car through a smartphone application, read the following comprehensive guide:-

1. Finalise on what kind of cover you want for insurance

Based on the driving cycle and environment in which you ought to drive, you should carefully look out for the different facilities provided by insurance covers. To start with, there are three basic insurance covers – comprehensive, fire and theft, and third party. While you are the first party, the insurance company here is the second party, and the rest of the world is the third party. If you are buying the insurance cover for the first time, you must opt for a comprehensive cover, which even covers third parties, fire, theft and more. However, if your car is older, depending on its depreciating value, you should go for a “third party” cover, in order to minimise the unnecessary expenditures.

2. Compare the insurance covers of multiple insurance companies

While it might sound like a tedious job, it isn’t that a difficult task to avoid. In today's era of smartphones, you can easily compare the costs and benefits offered by different insurance covers at just a touch of a button. Some insurance companies even offer a decent discount if you opt for a cover through their mobile application. Look for benefits like panel workshop options and towing services by the hour, which are offered by some companies as an added advantage over the others.

3. Opt for the best insurance provider based on your customised needs

Many of the insurance companies like Kumia, Allianz, Etiqa, RHB, MSIG, PIB, and AmAssurance offer insurance services on their mobile applications. Before finalising, check out the side benefits and services which might feel tailor-made. Also, look for the brand with which you might feel a strong bond and connection owing to their services you might have experienced in the recent past. If you have taken other personal insurance services from a particular provider, we suggest you go with that same provider for the car insurance as well. In such a case, you might get added advantages due to the customer retention factor.

4. Be sure you want to opt for an insurance cover through a mobile application

The mobile application of various insurance companies is still under development processes, and one might think of going the conventional ways to purchase one. Before finalising on something, we suggest you check for the comprehensive processes and options which a particular company is providing on its mobile application. This is for the fact that choosing an insurance cover on a smartphone application saves a lot of time and complicated processes. Look out for reviews on the play store on the play store for the respective application.

5. Keep all of your details handy

Before using the mobile application, it is quite necessary to keep all the details of yours as well as vehicle handy. Details like your full name, marital status, registration number, type of the vehicle, and your address should be carefully filled to avoid any discrepancies while taking a claim. Also, check for the depreciating value of the car and try to go for the one which offers maximum possible insurance declared value, while keeping all the other services intact.

However, at the same time, try not to overestimate the value of your car, as this might force you to splurge unnecessary money while re-purchasing your insurance for the next time.