• 1 Limited Coverage: One of the significant drawbacks of cheap car insurance is that it often offers limited coverage. Cheap policies may only provide coverage against third party insurance, leaving you financially exposed to damages to your own vehicle.
• 2Insufficient Coverage: Cheap car insurance policies often come with insufficient coverage, which may not adequately protect you against various risks. Basic plans may lack essential features such as personal accident cover, roadside assistance, or coverage for damage caused by natural & man-made calamities.
• 3Higher Deductibles:To offer lower premiums, cheap car insurance policies often come with higher deductibles. While this may reduce the premium amount, it can result in higher out-of- pocket expenses during claim settlement.
• 4Lack of Add-On Benefits: Cheap car insurance policies may have limited add-ons or customization options compared to comprehensive plans. This restricts the policyholder's ability to tailor the policy according to their specific requirements.
• 5Limited Network of Garages: Cheap car insurance providers may have a limited network of authorized garages, forcing you to compromise on repair quality or travel longer distances for repairs or claim processing.
• 6Poor Customer Service:Some cheap insurance providers might compromise on customer service quality. Delayed claim settlement processes, lack of responsiveness, and inadequate support can be frustrating experiences for policyholders.
• 7Hidden Terms and Conditions:Cheap car insurance policies may have hidden terms and conditions that can negatively impact the policyholder's claims experience.

With so many shortfalls, we can say that cheapest car insurance policy won’t be the best car insurance for you. Instead, we would suggest you to reduce your car insurance premium by optimal way without any compromise.

Allow us to assist you by providing a few “Tips to Reduce Car Insurance Premium.”