How to Buy Car Insurance on Phonepe

Buying vehicle insurance is a mandatory requirement, whether you own a two wheeler or a four wheeler. This is because the Motor Vehicles Act of 1988 requires all vehicles that operate in public spaces to have an insurance policy. If you’re planning to purchase an insurance policy for your car through Phonepe, this blog will help you to learn the steps involved in it.

Steps involved in buying Phonepe Car Insurance

To buy phonepe vehicle insurance, follow the steps below:

Step 1 : Download Phonepe app through Google Play Store or Apple App Store.

Step 2 : See All under the Insurance section on the home screen. Now, tap the Car option visible under Motor and Travel.

Step 3 : Enter your vehicle registration number and click on view plans.

Step 4 : Choose from third party, own damage or comprehensive insurance plan available. you can compare the plan benefits, premium and insured declared value. Based on your choice, select your car insurance policy.

Step 5 : If there are any add-ons applicable to your policy, they will be listed. You can pick the add-ons of your choice, provide details of your car and finally proceed further for payment of premium.

Step 6 :You must also provide details of your car such as owner details such as name, mobile number, email address and owner KYC details which include PAN number and D.O.B.

Step 7 :After owner details are provided, provide nominee details including nominee relation, nominee name and age. Then proceed further.

Step 8 : Now read all the terms and conditions carefully and click on ‘Buy Plan’ for payment of premium. 

Conclusion

In this article, we explained all the required steps for purchasing car insurance from Phonepe. Whether you purchase a car insurance policy from Phonepe or any other insurer, make sure you carefully read all the terms and conditions before making your final decision. 

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Frequently Asked Questions (FAQs)

Q1. Can I buy car insurance for a third party from Phonepe?

Yes, third party car insurance is offered by Phonepe. You can buy it to get coverage against any legal liability arising from injuries to a third party due to your insured car.

Q2. What are the types of car insurance policies available on the Phonepe app?

There are three types of car insurance policies available on Phonepe app, namely: third-party, comprehensive and own damage insurance policies. 

Source: Phonepe