What you need to check before buying Auto Insurance.
When purchasing auto insurance many car owners look for promotions and advertisements put up by auto insurer. The majority of them will start comparing premiums between auto insurers and how much savings they can get from individual insurers. If insurance premium and cost saving are their primary objectives in selecting auto insurance, they might get a rude shock when an accident arises that leads to an insurance claim. This is especially so with a third party litigation claim on either property damage, injury or death.
A reputable insurance company or agent, in addition to providing tips and legitimate way of saving for your insurance premium, should also explain in detail the pros and cons of saving or paying a little premium. What happens in most cases is that car owners are so engrossed in saving in premium that they forget the consequences that they might face in future.
Different company has different way of computing their premium, the cheapest may not necessary provide the least cover, nor do the most expansive means better cover. It is always advisable to check with the insurer concern under what circumstance, they would allow legitimate discount and what type of covers and exclusions would it be when such discount is given or additional premium is charged.
Always ask for the conditions and warranties applied in the insurance contract, you wouldn’t want to find out later that because of certain minor omission on your part and your claim is repudiated.
When you are totally satisfied with the premium and the covers the policy provide, you may want to check the track record of the insurer or agent claim service and support. Always check with friends or associates on the reputation of the insurer and agent on their claim service and support. It is in the claim service and support that will determine the value of your policy, not the premium you have paid. At times, for a little extra cost, you will have a piece of mind knowing that in the event of any unfortunate incident that happen, you will be fully protected, assisted and supported.
Do your homework and Choose wisely!