If you are looking for a deal on auto insurance, it’s a good idea to shop around as you will probably be able to save yourself some cash. The mistake often made by many, is picking an insurer to cover your first car and renewing it every year, without checking if you are still getting a good deal.
Make sure that you check out what a company's policy does and does not cover before purchasing it. Accidents can happen to anyone and whether the collision is your fault or somebody else's, dealing with the accident is bad enough, without having to worry about the financial side of things.
Personal Injury And Personal Liability Cover
Personal injury protection will cover healthcare expenses should you be injured as the result of a car accident. Personal injury protection covers the medical expenses for both the injured policyholders and passengers. It will give you peace of mind that you and your family will be looked after if you need to make a claim.
Uninsured Driver Protection
Many people choose to drive without auto insurance as they simply can’t afford it and are willing to take the risk hoping they won’t be involved in an accident. If you take out uninsured driver’s insurance, you will be insured should this situation arise.
Car Breakdown Cover
You can choose to add car breakdown cover to your auto insurance policy. Make sure that you check whether it will be more cost effective to add to your policy or to purchase separate breakdown cover.
Towing coverage
Many people believe that towing and rental coverage isn’t included in their insurance, however these are in fact included within many packages. This can work out much more cost effective than an additional annual towing club membership on top of insurance costs.
Tips To Save You Money
1. Mindful driving cuts costs – an insurance company will check if you have made claims in the past - you will be rewarded for careful driving.
2. Larger cars cost more to insure - the truth is that the size of the vehicle will affect the cost of your insurance, smaller cars are typically less expensive than larger sedans or an SUV.
3. Increase your excess to lower the cost of the policy.
4. Paying all at once instead of in instalments should reduce the cost of your policy.
5. Enhance your security as this will be taken into account, for example, a car fitted with an alarm is harder to steal than one without and this will be taken into consideration.
6. Be accurate with your mileage, don’t over or under-estimate it.
7. Look at how you use your car and don’t over insure.
To Sum It Up
Having sufficient auto insurance coverage is crucial for any driver. Whether you are new to the road or have many years of experience, it is extremely important and required by law. In the unfortunate event that you need to make a claim, its one less thing for you to worry about.