Volvo Car Insurance

What is the turnaround time to renew a Volvo car insurance?

Traditionally, the process to renew car insurance was cumbersome with several paperwork and procedures. However, with new-age digital insurance companies such as Acko are providing a digital platform to transact. This has made the entire process of renewing Volvo car insurance online faster and even receiving the policy document instantly through email. Through the online method, you need to log in with your username and password and select the insurance to renew, pay instantly and receive the policy document immediately.

Where can I buy insurance for my Volvo car?

While the traditional method would have required you to approach an insurance agent or the insurance branch to purchase car insurance for your Volvo, digitalisation of the insurance sector has made it easier to buy car insurance online. Simply visit the insurer’s website or download the mobile app to transact on the go. You can buy Volvo car insurance within minutes by providing basic information such as the vehicle registration certificate, policyholder’s ID and address proof along with the previous insurance policy details in case you are switching insurance companies.

Is Volvo insurance expensive?

No. If you are buying from digital insurance companies such as Acko, the premium is comparatively cheaper. This is because Acko has removed agents, middlemen and digitised most of its operations which has led to reduced operating cost. This benefit is passed on to the policyholder. Online insurance for Volvo cars are not only competitive in pricing, but they are faster, easier, hassle-free and paperless making in a competent insurance product.

Which are the Add-on covers that are beneficial while buying Volvo car insurance?

Every car insurance add-on covers are designed to meet different requirements. Take, for example, the “Return to Invoice” add-on. Under this add-on, the insurer will pay the invoice value (ex-showroom) of the car in case of total loss or in case of theft of the insured vehicle. In the basic comprehensive insurance, the insurance company will pay only the sum insured and not the invoice value of the car. Also, add-ons such as Roadside Assistance, Key Replacement Cover, Zero Depreciation and more such add-ons mentioned in this article are important and exclusive add-ons for your Volvo.

How to reduce the insurance price of my Volvo car?

There are several ways you can reduce the cost of insurance for your Volvo. While new digital insurance companies have made insurance affordable, you can use different methods to reduce the premium. This can be done by installing anti-theft devices or becoming a member of automobile clubs or associations such as the Automobile Association of India (AAI) and the Western India Automobile Association (WIAA). Insurers will reduce the cost of insurance if part of these associations.