Main menu


How to renew eastern car insurance plans?

 How to renew eastern car insurance plans?

Read this article for simple steps to renew your car insurance policy from Oriental Insurance.

Having a car insurance policy is very useful. It helps you avoid unwanted expenses that can be stressful. With the increase in the number of accidents due to increased traffic, car insurance has become more than just a commitment. Buying your car insurance from Oriental Insurance will give you the optimal coverage you need. 

Oriental Insurance has a claim settlement ratio of 91.76%, indicating its reliability. It also has more than 3,100 network garages that facilitate the construction of a seamless, non-cash repair facility for its policyholders. With optimal coverage options, Oriental Insurance guarantees your financial safety while driving. However, your car insurance policy must be valid for these facilities. In this article, you can get simple steps to renew your car insurance policy with Oriental Insurance. 

Steps to renew your car insurance policy with Oriental Insurance

Oriental Insurance has enabled its customers to renew their online car insurance policies on their official website without hassle. Here are the steps you can take to renew your car insurance policy online -

1. Visit the official website of Oriental Insurance Company.

2. Under the auto insurance category, click the "Renew" tab to move forward. 

3. The site will take you to a page that provides you with two options. If you are renewing your car insurance purchased from Oriental Insurance, click "Renew the OIC document". On the other hand, if you are renewing the car insurance you bought from another company, click "Renew the non-OICL insurance policy." 

4. You will be asked to provide the current or expired car insurance policy number. 

5. You will then be taken to a page where you can choose the type of car insurance policy along with additional covers. 

6. Once you have selected policy plans, you will receive an insurance quote. 

7. Pay your car insurance premium using your online banking or debit/credit card. 

8. You will receive confirmation on the successful payment screen. 

9. Policy documents will be sent to you in your email that you can download.

10. Therefore, your car insurance policy is successfully renewed. 

The importance of renewing your car insurance policy regularly 

Like every other insurance policy, your car insurance also has an expiration date. Your car insurance claim will be rejected if it is submitted after the policy expires. Therefore, it is very important to renew your car insurance policy regularly to stay covered. Here are why you need to renew your car premium -

Accidents are unpredictable. 

There are many possibilities of getting into accidents even if you do not use your car. Accidents, of any kind, are unpredictable. In the event of theft or damage caused by a natural disaster or vandalism, you will not be able to file a claim if your car insurance policy expires. This could lead to a huge financial loss. Therefore, regular renewal of your insurance policy will help you be financially safe in the event of such unfortunate events. 

Premium discounts

When your policy expires, you will have to buy a new insurance policy that will have a higher premium amount. Renewing your car insurance policy regularly will benefit you from many discounts on your premium. NCB is one of the biggest discounts you can get on your car premium. Some insurance companies also offer loyalty discounts on your premium if you renew your insurance with the same company. Thus, your money will be saved on the premium and also enjoy discounts. 

Take away

The existence of a car insurance policy is mandatory for each car owner in accordance with the Indian Automobile Act. Renewing your car insurance policy regularly will save you from unwanted legal complications and also keep you financially safe from the obligations that come along with owning a car. Thus, renew your car insurance regularly and drive safely.

Read also:

What are the different types of car insurance?

Points to consider when buying insurance cars in India

Disclaimer: This article is published in the public interest and is intended for public information purposes only. Readers are advised not to rely on the contents of the article as crucial in nature, and further research or expert consultation should be conducted in this regard.