Just bought a brand-new car? Congratulations! Amidst the excitement of driving your shiny new ride off the lot, one crucial aspect often takes a backseat: car insurance. Many new car owners delay buying car insurance, either to “figure things out later” or while shopping around for the best deal. But here’s the truth: delaying your new car insurance is a financial and legal risk that’s simply not worth taking.
In this article, we explain why buying car insurance online instantly is the smartest move you can make, and how it protects not just your vehicle, but also your wallet and peace of mind.
Why should you get online car insurance for your vehicle?
1. Driving Without Insurance Is Illegal in India
Under the Motor Vehicles Act, it is mandatory for all cars driving on Indian roads to be insured with at least third-party car insurance before driving on them. If you’re caught driving without it, even a few hours after purchase, you could face:
- Fines up to ₹2,000 (first offence)
- Possible licence suspension
- Vehicle seizure
- Legal complications if you’re in an accident
So, if you’re tempted to wait a few days or weeks before buying new car insurance, think again. It’s a legal necessity from day one.
2. Accidents Happen Anytime, Even Minutes After Purchase
You might think, “It’s a brand-new car, what could go wrong?” But reality is unpredictable. Road accidents, minor collisions, or even theft can happen on your way back from the showroom.
Having instant car insurance ensures you’re financially covered against:
- Accidental damage
- Fire and natural calamities
- Theft
- Third-party liabilities
- Personal accident cover for the driver-owner
Even a minor bumper dent or windshield crack could cost thousands. But with car insurance, you don’t have to pay out of pocket.
3. Online Car Insurance Is Instant, Easy & Paperless
With the rise of digital platforms, you can buy car insurance online in under 10 minutes, right from your smartphone. All you need to do is:
- Visit the insurer’s website or app
- Enter your vehicle and personal details
- Choose your policy type (Third-party or Comprehensive)
- Pay securely online
- Receive the policy instantly via email/SMS
It’s fast, simple, and secure, no phone calls, no waiting, and no middlemen.
Why You Shouldn’t Drive Out of the Dealership Without Insurance?
Most car dealerships will ask for proof of insurance before handing over the keys. In fact, many partner with insurers to offer bundled packages. While that can be convenient, it’s always better to:
- Compare quotes online
- Understand the features and exclusions
- Choose a plan that offers better value and long-term benefits
Whether you opt for the dealer’s plan or buy your own, don’t delay the process. Getting instant online car insurance means your car is covered the moment it hits the road.
Why should you buy insurance online?
Buying insurance online also lets you opt for:
- Zero Depreciation Cover: Ensures full claim payout without factoring in vehicle depreciation.
- Return to Invoice Cover: In case of total loss/theft, receive the full invoice value of your car.
- Engine Protection Cover: Ideal for flood-prone areas to cover water damage.
- Consumables Cover: Covers small parts, such as nuts, bolts, engine oil, brake oil, etc.
These valuable add-ons are easier to secure when you buy car insurance right after your purchase. Delaying might limit your options or increase costs.
When you buy car insurance online, you often get access to:
- Lower premiums (thanks to no middlemen)
- Instant policy issuance
- Customisable add-ons
- 24/7 customer service
- Special online-only discounts
So, instead of waiting or relying on your dealer, compare and buy car insurance online yourself. It gives you more control and better value.
Tip: Don’t Miss the Benefits of No Claim Bonus (NCB)
If you’re renewing a car insurance policy (or transferring NCB from a previous vehicle), a timely purchase ensures you don’t lose your accumulated No Claim Bonus. This can reduce your premiums by up to 50% over the years.
For new vehicles, starting your insurance early means you’ll be eligible for an NCB when you renew next year, only if there’s no claim made during the policy period. Delay it, and you delay these savings too.
Conclusion
Your new car deserves the best start, and that begins with securing it through a reliable car insurance plan. Waiting even a day to ensure your vehicle exposes you to legal, financial, and personal risks that simply aren’t worth it.
With user-friendly platforms, instant policy issuance, and customisable options available online, there’s absolutely no reason to delay. Make new car insurance a priority as soon as you make your purchase.
So go ahead, buy car insurance online, drive legally, and enjoy the road ahead with confidence.
