A friend told me you get to pay lower for your car insurance renewal if you renew online instead of thru an agent. I saw an ICICI Lombard billboard claiming the same. I went to the ICICI Lombard website this morning, filled up the requisite details [they are my current insurers] and the website returned a quotation over 2.5 times what I had paid last year.
I noticed they had not applied a no-claim-bonus and I cant understand why, since as my current insurers, they would be aware that I haven’t claimed any insurance through the past year. But even that would not explain the 2.5x policy premium.
I think asking an agent to send a proposal is in the only way to know. So much for trying to do simple things digitally.