Important Points to Consider When Buying Car Insurance


When it comes to applying for car insurance, the process can present a couple of headaches along the way. From choosing the right level of cover, to deciding on your deductibles, it can be a long and drawn out process.

Regardless of your situation, there are always principles to adhere to when looking for the best rates and prices out there. While many smart drivers compare auto insurance and save money as a result, the less experienced among us opt for the first quote that falls into their laps. The perfectly tailored policy may be hard to come by, but doing the right thing can often help you achieve that.

Always compare prices

Whether you are using a price comparison tool or using the services of a broker, you have the opportunity to review several quotes from various companies. Comparing prices allows you to pick out the best quotes which match your own specific requirements when it comes to cover.

While the lowest price may look appealing, the policy itself may not cover you for things which you consider as important. Don’t be fooled by the numbers alone: do your research and pick the most suitable product.

Not having a clean record is not the end of the world

It may seem this way, but many insurance companies can be helpful when it comes to those with accidents or violations on their records. While the price of your premiums may be affected for a few years, this will not be a permanent fixture. Don’t be tempted to take up shady offers which seem too good to be true when feeling vulnerable either.

If you are looking to move from your current provider – especially if you have been a customer for a long time – think twice. Your loyalty may be rewarded if you approach the insurer and ask them for a discount or reduction.

Quotes change from day to day

Insurance rates do tend to change on a daily basis, meaning that the offer you receive on a Monday may either increase or decrease by Tuesday. This is down to the factors taken into consideration by the insurance company when calculating your premium.

The smart tip is to take the best quote you can find over a short period of time, providing you have compared the prices, that is.

Honesty is the best policy

While it may be tempting to tell a couple of white lies on your application to bring the price of your premiums down, this can backfire. Prior to an insurance company providing you with cover, they will do their own fact checking on your details. If you have speeding tickets or DUI’s, you can be certain that these will be flagged once the company runs an MVR (motor vehicle report) on you.

Providing incorrect details can also be classed as fraud in some cases, so it is important to be as forthcoming as possible at the application stage. When it comes to generating a quote, the details you provide are integral to the cover an insurance company is willing to offer you, and the price you will pay.

If you are not honest and transparent when applying for cover, you may find your application declined or your insurance policy voided.


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