5 Ways to check the genuineness of car insurance online

Whenever people purchase a product or service, they check their reviews and specifications before making the final payment. They assure themselves of the quality and service based on these and make their decisions accordingly. When people choose an insurance plan, they refer to different schemes and provisions offered by multiple insurance providers. But how will they test their authenticity?

Similarly, if people plan to buy car insurance online, they must read and research thoroughly about the schemes and benefits each company provides so that they do not regret their decision. An auto insurance plan requires a customer to be firm with their choices since they are valid for a specific period during which they charge a premium amount. You do not want to waste your expenses on a plan that does not offer proper services and fails to meet expectations. Also, many fake insurance companies exist, and people should beware of indulging in such practices.

Following are the methods to check the genuineness of the plan:

Choose a credible source: No matter how many times a person has bought insurance policies, it is very tough to judge the credibility, even for experts. The best way to ensure you are buying policy from car insurance app or a reliable and reputed insurance company’s website.

Pay through cheque or online payment modes: While opting for car insurance online from an aggregator site, ensure safe and secure transfer of payment. However, in the case of offline policies, it is preferable to pay the insurance company by cheque. Do not include the name of the individual or insurance agent. Avoid paying in cash, even if they offer a receipt. Buy the policy online to avoid unnecessary risks.

Policy verification links: Many insurance companies offer policy verification links on their websites. Visit them to validate the policy through the verification link. Also, approach the customer care of the company to verify the details of the respective policies.

Check the existence: A recognized insurance provider has a registration with the Insurance Regulatory and Development Authority (IRDA). Presently, 33 insurance companies are licensed to sell insurance products by the IRDA. So, check the list for the company’s name. Verify the new car insurance policy by checking its logo. Visit the registered branch office of the insurance provider and get in touch with the company to check its authenticity.

Look for the QR Code: Check the policy by scanning its QR code. It is compulsory to print QR codes on their policies and other products according to IRDA.