FIVE ISSUES TO CONSULT WHILE BUYING CAR INSURANCE
Five issues to consult while buying car insurance:
Multiple vehicle insurance firms provide multiple attractive proposals to the buyers. However, it’s the buyer’s own responsibility to inquire and make sure everything before purchasing the insurance. Mostly, the company’s tricky policies result in people returning without any benefits because of the ambiguities in their plans. Now the question arises that what should be done in such scenarios? Therefore, before selecting the company, one should enquire well about their policies. Listed are the top 5 queries that one should ask in such scenarios.
1. Individual liable to spend
What happens if a friend of yours borrows your vehicle and ends up in an accident? This is one of the many important questions and, usually, is not stated in the vehicle’s insurance quotes. Probe about such type of situations and remove any ambiguities that in such scenarios if the company is liable to pay the required amount.
2. The way you car is valued.
On the basis of several factors, the insurance companies value your vehicle, which in this case is your car. Because of this, many people are not able to claim enough amount of money to get their cars repaired after the accidents since the company does not measure many of the factors which the owner might experience after the car’s accident. Remember to investigate and interrogate the agent about the factors and also verify the amount of money which you will get in case you confront a car accident.
3. 24×7 Assistance.
Usually people do not care to take interest in this clause, even when it is one of the clauses of the car’s insurance quotes. What happens if a person faces an accident on midnight? Do they have to wait for the company officials till morning to get help and claim their insurance? Therefore, one must ask for 24×7 services in case they have to register the claim.
4. Are you going to receive original parts?
In case if you purchased a luxury vehicle & had an accident, you will, obviously, be willing to get genuine spare parts as a replacement. What will happen if your insurance company states at the time of the accident that they will not install genuine parts and according to the terms of agreement they are only bound to make a car movable whether or not the parts are genuine? Such scenario might be very disturbing for you. No such clause would be there in the company’s car insurance agreement. Therefore, remember to inquire about the quality of company’s after-sale-services.
5. Look for discount.
Remember to ask for concessions and discounts which the company may provide. Generally discounts are given by the company for having clean license, good security features, good record etc. Premium benefits are also available in which you’ll pay less for more features. Furthermore, your car may get higher insurance rate.
It is always better to verify now than to regret after the accident. Remember to ask more than stated in car’s insurance quotes because we are cultured beings and companies are bound to serve us well.
