Top7 Car Insurance tips every driver should know: More and more people recognize the importance of having a
car insurance, but sometimes it is not clear what to consider before taking out
insurance. It is very much important to keep in mind that an ideal policy is
the one that covers all the needs of the driver and the car. So before hiring,
it is convenient to analyze the protection options and compare the existing
insurers in the market.
We know that this task can be turned into tedious and
laborious work, so we propose a series of very simple tips that can save your
time and effort:
Also, Check: How to get the best car insurance quotes
Also, Check: How to get the best car insurance quotes
Consider driver and vehicle characteristics
For example, if the vehicle transits through areas of
high road traffic is more prone to an accident, then it is worth considering a
coverage package that will cover damages to third parties and own damages.
Another situation to consider is if the parking of the car is on public roads
and it is more exposed to theft thats why it is advisable to consider hiring a
policy that covers it.
And although, the conditions of the car are important,
also those of the driver. Since the price of the policy to be contracted also
depends on the profile of the driver. This is because the insurer also considers
the risk that the motorist implies. The accident history of the person behind
the wheel is a factor which determines the price and conditions that the
insurance company offers to the contractor. For example, a policy for a young
adult male will not be on the same terms as for a mature woman.
For these reasons it is important to consider all the
circumstances in which the motorist and the vehicle operate, because the
coverage that is most appropriate for the car will depend on it.
Find
out about the types of coverage that exist in the market
The most basic insurance
is not always the ideal. It is advisable to know the coverage that each insurer
has to know which one is perfect for the use of the car and the driver.
Although insurance companies have different names for coverage packages, it is
important to know at least the minimum coverage to know what you are looking
for.
In general, insurers usually handle four different packages,
below we briefly mention each one:
Wide Plus. It protects against any
eventuality, in addition to protecting against total or partial theft or loss.
Being the most complete, this package has more benefits than any others.
Wide. It is the second most complete
set of coverages. Because it supports against accidents to third parties, own
damages and total theft.
Limited. This ranges from damage to third
parties in their property and their persons to the theft of the Car . However,
damages caused to the insured's property are not supported.
Compulsory Civil Liability. This is the
minimum insurance that by law must have all vehicles that transit federal roads
and in at least 14 states of the Republic. However, it must be keep in mind
that, as it is basic range insurance, the amount with which it covers the
insured may not be enough to cover a road accident.
Compare
with different insurance companies prices, coverage and benefits
It is recommended to compare the prices and coverage that
interest you. This is because sometimes the price may vary from one insurer to
another or they may even offer other benefits that are more beneficial to the
driver than those that another company can guarantee.
In addition, with three simple steps you find, quote and
compare coverage and prices with the most important insurers.
Contract
directly with the insurer
Disregarding intermediaries to purchase insurance saves a
lot of money and allows you to negotiate the general terms of coverage.Here you
can find three different ways to directly contact the insurer you prefer, so
you will be sure that you do not get a price from any intermediary other than
the company you chose.
Payment
Methods
Another aspect to examine is the policy's payment
options. Sometimes we do not have the sufficient budget to make the payment of
the premium in a single exhibition. Therefore, it is advisable to inform us of
the collection methods.
Certain insurers have monthly payment alternatives. And
if you have estimated to settle the premium in monthly payments, ask for the
commission for fractional payment since it can be cheaper from one insurer to
another.
The
benefits and guarantees also count
It is also important to analyze all the advantages that insurance companies offer, since there
are some that are more convenient than others.
There are guarantees that usually vary from one insurer
to another. For example, in case the compensation for total loss of the vehicle
is needed, some companies guarantee a certain time to complete the process,
according to their own criteria. Likewise, there are some insurance
institutions that offer premium benefits and discounts as the insured vehicle has anti-theft devices,
for example.
Although it is essential to determine which is the policy
that adjusts to the use and is given to the vehicle, who drives it and how
often; likewise, the benefits that insurers may offer can be significant when
contracting insurance.
Taking out insurance
is a very important decision, because it is an investment to protect what is
most valuable: assets and family. That is why it is advisable to take these
tips into consideration before contracting the policy, this will allow you to
make a smart purchase that suits you and your vehicle.
What
you should have on hand to purchase Auto Insurance
Once you have chosen the car policy, you must have the required
documents on hand to complete the process. Each insurer has different
contracting requirements, depending on the insurance you want to purchase.
However, frankly speaking, the minimum requirements are as follows:
·
Identification with the full name of the
contracting party and the insured, in case of being another person.
·
Age of driver
·
The insured must have a license or driving
license.
·
State and postal code of circulation.
The data of the
car: make, model, age, circulation card, license plate number and serial
number, as well as the use of the vehicle (private driver, cargo driver).
Understanding the importance of contracting a car policy
as an investment is essential to protect the assets and lives of people in
situations that are not foreseen. It is recommended that, when deciding the
coverage for your insurance, you analyze the information and options offered by
the market.
