When we are talking about motor insurance plan then we are referring both kind of insurances either it is for a two wheeler or for a four wheeler or car. With the varied set offerings available in the market today finding the right product that suits your need is tough to find .Another challenge is that especially in case of two wheeler plans since the premium amount is very small and lot of people fear dealing with insurance companies they  prefer to ignore renewal of two wheeler plan. This has lead to only 13% renewal rate in India for two wheeler insurance policies.

Now looking to buy motor insurance Online plansfor four wheelers which are generally termed as four wheeler insurance the scenario is different. Though the renewal is not that low when compared to two wheelers but the varied offerings with specific add-on covers make the process a bit tougher for a common man. Plus other than that there is a huge difference in the premium for the same amount of cover making it tough for the laymen to understand further and take the right decision.  To try making a decision for buying the right motor insurance plan you need to first prioritize your needs based upon your daily driving needs, the city in which you drive, the age of the bike or car and one more thing do give a larger consideration to your driving habits. All these factors would actually define your chances of making a claim. You should keep in mind that motor insurance is lot life insurance which is meant for saving for long term; the only objective is that when you make a claim you should be able that money so that the financial loss is not paid out of your own pocket. This requirement calls understanding the claim ratio of the insurer you choose.

So we now understand the complexity behind choosing the right motor insurance plan but the question is now how to solve this problem. You can use Motor Insurance Premium Calculator at various online insurance comparison portals to do it.  One of the most efficient ways to buy motor insurance online plans as it enables you to access of the details of every offering available in  the market today very easily  and comparing different plans for making a fair judgment can be  done very easily online. With E-insurance becoming popular day by day only the insurance companies have started offering their own online platforms to customers where they can buy and renew motor insurance plans but there is series of website run by insurance brokers and web aggregators where you go and compare different plans based upon your requirement. Online platform not only gives you an access to the right information about any type of motor insurance plan but with it helps things have become paperless also and you can compare and buy a plan in just few minutes.