Archive for November, 2011
It is important to obtain a car insurance quote even before you are given the keys to your new sedan, four by four or snazzy sports vehicle. An accident can occur at any time and it is important to be prepared for the unforeseen. Costs to repair or to replace a vehicle after an accident can be quite astronomical and without insurance many individuals will not be able to afford these repairs, not even to mention buying a new car.
Insurance is a daunting topic for many people. The main reason for this is probably the uncertainty surrounding insurance – there are so many different companies and products to choose from, and on top of that, the insurance lingo is enough to make even the most educated person frown. It is therefore important to have a good understanding of the general insurance terms and phrases, before you even pick up the phone to obtain your car insurance quote.
If your policy states that you are not covered against Acts of God it means that you are not covered for damages due to natural causes such as tornado’s, storms, flooding, tsunamis, or lightning, just to mention a few. Acts of God are generally excluded from most policies, but can be purchased as an add-on to your policy.
Vehicles are generally insured at the current market value, and it is therefore important to understand how the market value is calculated. The retail value of your car is the amount that your car can sell for if a dealer sells the car for you. Trade value is the value at which the dealer will buy the vehicle from you, if you want to make a direct sell. Market value is in essence halfway between the retail and trade values of your vehicle.
Many Policies will specify that you need to have anti-theft devices installed in your vehicle. In many instances this will make the policy cheaper and in other instances you will not even be able to obtain a policy without these devices in your vehicle. These devices might range from immobilisers to steering wheel locks, alarms and tracking systems. Anti-theft devices need to be approved by your insurance company before you will qualify for a discount on your insurance premium.
You will also note that your policy mentions the term approved repairer. This basically means that you will not be able to take your vehicle to the local panel-beater on the corner, unless the local panel-beater is on the insurance company’s list of approved repairers. This is basically to protect the insurance company from sub-quality work. Since they have to pay a lot for repairs to vehicles, they want to make sure that a proper job is done. This in actual fact protects the right of you, the client too.
Obtaining a car insurance quote should not be a daunting task. There are many insurance agents and brokers who will be only too happy to answer all your questions and assist you in making an informed insurance decision.
When you decide to buy and drive a car you will be required by law to have some form of insurance coverage on the vehicle. You also want to have insurance in case you are ever involved in any type of accident to make sure that you are saved financially. With so many companies to choose from it is hard to know if you are getting the best deal. The best way to ensure that you are paying the right amount for your car insurance is to compare car insurance prices.
Today the internet has made it quite effortless to compare car insurance prices. It does not take any time at all and there are no hassles. Here are a few steps you should follow if you have any interest in obtaining car insurance quotes online to get the best deal you can.
The first step is to look at your current policy. Have it handy whenever you start your search. You will use your current policy to compare to other quotes you will receive from different companies. This makes your search simpler because you will already know what you are looking for. You want to make sure you know your states laws on what types of insurance you need to carry.
The next step is to learn about your local insurance companies. Find some phone numbers of companies that are near you and give them a call. Make sure to ask any questions you may have and write down all that they tell you about their company and their policies. You should look for and contact at least 5 different companies to get quotes from.
After researching some local companies you may then want to search for quotes online. The internet has made looking for car insurance easy. There are a number of comparison websites that you can go to in order to compare car insurance prices from several different companies. By going to one of these sites you will find a list of car insurance companies that are offering the best price on the coverage that you need. It is important to keep track of all of the relevant information you find about each insurance company and the type of policy that they offer.
The final step is to compare car insurance prices you received from your local agents to the ones that you received online. By comparing prices along with what the company offers for that price you will be able to choose the policy that is right for you.
Cheapest auto insurance has been dream of many car owners. For many, they put all their trust in there vehicle insurance broker while for some, they do it by themselves. Do you want to do it by yourself? Read on,
First step: You have to decide what you actual want in vehicle insurance. Ask yourself, what type of auto insurance coverage do i need for my vehicle? Once you are able to identify this, 15% of your problem is solved. This is your first key step to work towards getting cheapest car insurance rate or quote.
Second step: do you have used old car? do not take comprehensive vehicle insurance coverage with it.
Third Step: Compare motor insurance rates from auto insurance comparing sites. The reason for this is to locate large possible cheap quotes in a limited amount of time. Once you have done this, wait for a day or two and contact the auto insurance company or agency for the deal. You can also use buyback sites to help you reduce these rates you get by shopping around in auto insurance comparing sites.
Third step: if your car is brand new or nearly new, increase your deductible. This will mean you have to take more responsible in repairing your car when there is a breakdown depending on the car insurance policy you choose.
Fourth Step: Join a car club. This has been a strategy many have ignored without knowing the impact it has on there auto insurance rate or premium. if you have a Volvo car, look for the car club and join them. Each car brand has vehicle club and inform your broker or insurance company as this will help you also get cheapest car insurance rate.
Fifth: Pay your motor insurance premium in bulk and avoid monthly payment if you can. There is a discount offered by vehicle insurance company on this as this will help you to get cheap auto insurance.
Sixth: Depending on your status in your place of residence, there are special discount to various groups of people in society. What do I mean by this, if you are a student, there are discount for you if you meet the criteria, if your a teacher, engineer, driver, new driver, women, above 40 years of age just name it there are tons of discount available.
Other general strategies are as follows:
- improve your driving skills
- use one insurance company for all your insurance purposes as this will result to you getting cheaper car insurance.
- If you are looking for a place to live, try check for the crime rate. if you live in low crime areas, expect cheap auto insurance.