the de-merit is that if you have claimed insurance over the past year, the online procedure takes that into consideration while calculating your insurance for the new year. hence, your new premium rises considerably. if u go thru the regular procedure, the insurance agents waive off 50%-60% of the claim amount most of the time. result is that your new premium does rise but to a lower degree.
the merit is the 10% discount itself.
the de-merit is that if you have claimed insurance over the past year, the online procedure takes that into consideration while calculating your insurance for the new year. hence, your new premium rises considerably. if u go thru the regular procedure, the insurance agents waive off 50%-60% of the claim amount most of the time. result is that your new premium does rise but to a lower degree.