How to Buy Cheap Car Insurance

When you buy a car it’s general that you will buy car insurance, but the tricky part is to buy cheap car insurance. Buying cheap car insurance will be easy if you know how to search and compare insurance policy.

Many car insurance companies offer discounted policy, but getting cheaper insurance policy doesn’t mean you get the best car insurance policy. Don’t buy at the first shot, read carefully the total policy conditions; what the policy covers and what the privileges are and compare your policy with other discounted car insurance policy from different companies.
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The car owners who are above 50 years old can be the member of the American Association of Retired People (AARP) and the member has to pay only $12.50 a year who is USA citizens. It seems AARP offers heavily discounted car insurance and older people can easily get free online cheap car insurance quotes.

Car insurance premiums won’t lower or discounted for teenage drivers who don’t have driving record. In some cases insurance companies have cheap car insurance for young drivers. Young drivers who pass the recognized driving test can get cheap car insurance or car insurance companies discount for them. Car insurance companies provide car insurance cheap for the good and skilled drivers.

If car drivers have well driving records without any incident it’s for sure that they are going to get car insurance. But being with the same car insurance company again doesn’t mean car owners will get cheapest car insurance, so check what is the policy your current insurance company offers for renew and what is the policy offering from other companies. Compare as many insurance quotes from different policy and sort out which policy has more discount and cheap then other for you as good driver.

Experiencing having car insurance policy car owners may have edit few coverage, so they should check what coverage they need and what coverage are extra while getting renewed the policy. This simple routine check may reduce the insurance premium and if lucky, they can get cheaper car insurance policy then existing one.

If drivers are women, many car insurance companies have special offer for them such as discount or cheaper. When woman driver is going to buy car insurance online, she should first ask free quotes providing detail information and after getting various insurance rates, she can again provide her basic information such as good driving history, driving license and certificate of immediate taking driving test and describe her present situation with the coverage she need. This process may be providing cheap car insurance.

What car drivers don’t know is that buying car insurance often saves their money if they can go the right way. So follow these tips and you can get some idea how to buy cheap car insurance.

[Source: http://bestinsurancestock.blogspot.in/2013/05/how-to-buy-cheap-car-insurance.html%5D

3 Top Tips for Cheaper Car Insurance

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Despite the economic recovery, car insurance is one of the few industries where customers are still seeing rising prices year on year.

In part this is due to the increasing number of young and accident prone drivers on the road, but it’s also because insurance companies are aware that most people will happily auto-renew their premium without checking the details. However, with a few tips and tricks, you can easily get cheaper car insurance.

Haggle

The first and most important step when your new car insurance policy comes through the post is to immediately pick up the phone and start to negotiate the terms.

The rapid rise of insurance comparison websites means that you can arm yourself with a multitude of other quotes in a matter of minutes.

The person in the call centre will be heavily invested through commission to retain your custom, so simply tell them the cheaper car insurance deals that you’ve found and they’ll usually be able to match it or reduce their price.

You can play the more risky game of threatening to leave and it will depend on the person you’re talking to as to whether they’ll simply let you go or will go find a supervisor to knock some more money off.

Drop The Perks

If you’re finding that your cheap car insurance premiums are rising each year, even when you’ve not had an accident, have a look at what additional perks have been added to your policy. Insurance companies are notorious for scaremongering their clients into having more protection than they could possibly need and each level of protection can be charged for.

Typical perks that boost up your premiums include unnecessary levels of medical and legal fee coverage, road side assistance and a courtesy car till you’re back on the road. Regardless of the fact that you can get these perks for cheaper with a breakdown recovery service like the RAC or Green Flag, you’ll still save money by removing these from the policy.

he salesperson you speak to will try to guilt you into keeping them, so make sure you’re focused on the cheap car insurance that awaits you at the end of the phone call.

Have A Higher Excess

Finally, having a higher excess in the case of an accident is a sure fire way of getting cheap car insurance. As a general rule of thumb, you’ll pay an extra £100 in premiums for each £200 less of excess you choose to pay.

Of course, the amount of excess you choose has to be dictated by how much spare cash you have available in the case of an accident, but if you’re a safe driver or don’t do a huge number of miles each year, you should be safe with an excess of £500 which should save you around £200 a year.

[Source: http://www.cityinsurance.co.uk/blog/car-insurance/3-top-tips-for-cheaper-car-insurance%5D

The 6 secrets of cheap car insurance quotes

Sometimes car insurance premiums make sense. People living in places with more car crime or who have more expensive cars pay more, for example. But they’re far from the only thing insurers up your premium for.

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Insurers have gone as far as working out surgeons normally have more accidents where they were to blame than any other profession and building society clerks the fewest. They know Virgos were worst for accidents last year, but Pisceans had more convictions.

That means they will up your premium based on age, sex, job, post code and where you park park as well as what you drive.

But car insurance providers don’t have to have to have it all their own way – we’ve found six ways to get cheaper car insurance that they’d really rather you didn’t know.

1. Use the right job title

If you describe yourself as a “chef” when filling in your car insurance application your average quote is £98 higher than if you write “kitchen staff” comparison site GoCompare.com found – and it’s not just cooks that have this problem.

“Music teachers” pay £86 more than “teachers”, “office managers” pay more than “office administrators”, and “construction workers” pay more than “builders” who – in turn – pay more than “bricklayers”.

Basically, if your job fits in more than one category, check car insurance quotes are for all of them before applying. For more on how your job affects your car insurance,check out GoCompare’s guide . And if you’re a full time parent or retired make absolutely sure you check that box and not “unemployed”.

2. Add another more experienced driver to the policy

It’s a crime to say someone who isn’t the main driver of a car is, but adding a secondary driver is perfectly legal – and more than that, it can save you money.

Get their permission first, then add an experienced driver with a clean driving license and decent no-claims history to your insurance.

3. Never leave it till the last minute

Searching around and switching car insurance three weeks before your renewal date, rather than on the day, saves you an average of £280, comparison site Comparethemarket found – with even bigger savings available for younger drivers.

4. Get some cash back

Comparison sites make money because when you switch products with them they get a referral fee from the insurer. But if you’re clever, you can get that money yourself.

Topcashback is offering up to 110.25 bucks cashback when you switch through them. Once you’ve compared prices and found which deal is cheapest, head over to one of them and see if you can get an even better deal by switching through the cashback site.

5. Pay up front

Did you know that many insurers charge interest on your payments if you spread the cost over the year? Well, they do. an average of £62 more Money supermarket worked out. So if at all possible, pay up front.

6. Cut your extras and boost your excess

What’s included in your car insurance quote? Breakdown cover? Windscreen cover? Theft from the car? Driving abroad? Personal accident cover? A courtesy car? Every extra adds to the premium. More than that, a lot of them might already be covered by things like your travel insurance, AA membership, home insurance or even your bank account.

Double check you’re not double paying and then look to see if you really need these extras. Oh, and you need to check how much excess there is on your policy. This is how much you have to pay yourself when making a claim. The lower the excess the higher the car insurance, so work out how what you can afford to pay in the case of an accident and set your excess to that – even £50 can make a difference.

And of course….

These will all lower your quote, but to pay less make sure you’ve compared car insurance providers too.

Source: http://onlinecarinsuranceindia.weebly.com/blog/the-6-secrets-of-cheap-car-insurance-quotes

Why should you choose insurance over warranty?

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We all are fascinated about the concept of extended warranty with the purchase of a product be it an electronic item or a car. And we have to admit that we are often tempted by the offer. But how many of us actually stop to consider an extended warranty and differentiate it from other product that helps mitigate risk at a cost, like an insurance cover. When you buy a new car you receive a warranty from the manufacturer that the car is made available to you in a perfect condition. What we forget is that an unconditional warranty is embodied in the Sale of Goods Act, 1930. Which means this warranty should be applicable through a time period generally accepted as the lifetime of the car.

If it’s breached then we have the right to have the manufacturer either replace or repair a particular part or the product itself. Besides, let’s not forget that the customer can always approach the consumer court for relief in all such circumstances. However, the extended warranty often sold, generally claims to cover limited items like defects in the product, malfunction, accidental damage or in some cases it could be an all risk cover but always for a limited period of time. However, the question here is whether extended warranties adhere to the rules set by the Sale of Goods Act? The question is intriguing because the two concepts (warranty and car insurance) seem very similar but are distinct at the same time from each other.

The article will gives you insights on what is warranty and insurance? A warranty, is essentially an assurance to another person with certain conditions which if not fulfilled couldn’t claim for damages. A car insurance contract on the other hand is simply a contract where for a specified consideration, one party undertakes to compensate the other for loss relating to particular subject such as third party damages, damage to own car, accidental coverage due to natural calamities, stealing, burglary etc.

While having a closer look at the insurance policy and warranty, we can see that insurance effectively provides cover for practically every eventuality, whereas the warranty and an extended warranty, with all their limitations and exclusions, may not.

A car insurance contract is a contingent contract. A contingent contract is a contract in which promise is conditional and the contract shall be perform only on the happening or not happening of some future uncertain events. Essentially, the car insurance provider promises to save the subscriber from loss caused due to risks listed in the insurance policy.

However, the challenge is that though extended warranties seem like distinct concepts, they exhibit all the characteristics of an insurance contract and those who offer them argue to treat them as warranties portraying an edge over insurance. This means that despite the insurance sector being highly regulated, extended warranties escape the applicability of stringent insurance regulations entirely and are fed into the minds of people for purchase.

So, next time when you have to choose between warranty and insurance, stop thinking that warranty offers more than what car insurance provides. Infact, risk covering car insurances would be more economical and useful to customers than an extended warranty. Insurance is a regulated product and easier to claim; and the high cost of extended warranties is disproportionate to the risk it covers.

Source: http://onlinecarinsuranceindia.weebly.com/blog/why-should-you-choose-insurance-over-warranty

Car Insurance Claim Rejected? Here are 7 Reasons Why

Buying a car is a major long-term decision. Apart from home, a car is one of the most expensive investments that a person makes. We are very careful about our car and the way we drive. However, there would be times when damages to the car happen. This can be caused by your negligence or through someone else’s fault. Accident, collision, theft, or damage due to natural calamities are some factors due to which your car may suffer from damages.

Most people believe that the car insurance companies would reimburse the cost of the damage repairs. While this may be true for many instances, there are also many cases where your car insurance claim can be rejected. Here are 7 reasons when your car insurance claim. can be denied.

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7 Reasons Why Your Car Insurance Claim is Rejected

  1. No Insurable Interest

When the insurable interest is not established i.e. the policy holder name differs with the name of owner as per vehicle RC Book, the car insurance claim can be rejected.

  1. Non-holding of Driving License / Invalid Driving License

The claim can be rejected if the driver does not have a valid motor driving license issued by RTO to drive the appropriate class of vehicle as per the Motor Vehicle Act. Also, a driver need to take check the expiry of the validity period of the license. The Regional Transport Office (RTO) issues motor driving license for 20 years validity period up to age of 50 years and 5 years validity period after age of 50 years. For any commercial vehicle the driving license validity is for 3 years.

  1. 3. Mechanical/Electrical Breakdown Damages

If your vehicle is stuck due to any mechanical/electrical breakdown, (i.e. damages occurred without any external impact), the claim will be rejected.

  1. 4. Repairs of Vehicle Started/Completed without Intimating Insurer

If the vehicle has met with any accident, the customer needs to intimate the insurer about accident. Once the damaged vehicle inspection survey is done, repairs can be started based on the assessment carried out by surveyor. If repairs of vehicle are started/completed out without intimating insurer, then the claim will be rejected.

  1. Commercial Vehicle

If the driver of a commercial vehicle does not hold a valid fitness certificate and road permit, or the fitness certificate and road permit, issued by RTO, are not valid as on date of the accident, then the claim will be rejected as per the Motor Vehicle Act. Normally validity of Fitness Certificate is for 1 year and road permit is for 5 years.

Rejection can also happen when there is overloading of goods than the permitted carrying capacity of vehicle or if the number of persons travelling are above seating capacity of the vehicle. If the vehicle is carrying a load over and above the mentioned carrying capacity as per RC Book, then claim will be rejected. Similarly if number of people travelling are more than the seating capacity mentioned in RC Book, the claim can be denied.

  1. Misrepresentation of Facts

During the process of claim, if there is any misrepresentation of the fact regarding the accident and any moral hazard or there is any fraudulent document submission by the insured, the claim can be denied.

  1. Drunk Driving

 If driver is under consumption/influence of any intoxicating liquor or drugs, and meets with any accident, then claim will be rejected.

Knowing these factors for car insurance claim rejection can help you avoid the hassle and confusions that arise due to such rejections.

There are lots of car insurance discounts out there — if you askCar Insurance

When it comes to getting a good deal on Car Insurance , it pays to speak up.

Roughly 4 in 5 motorists fail to ask their insurance company about qualifying for special discounts that insurers don’t automatically apply, according to a study commissioned by Denver-based insuranceQuotes.com.

“All of these need to be self-reported and can save drivers a substantial amount of money,” the company said.

Drivers typically get many discounts without asking, such as those for buying multiple policies from the same company or remaining accident free.

But motorists are required to request some breaks, including discounts for driving fewer miles than average; being married; working in jobs such as teaching, nursing, accounting and law enforcement; being a good student; and completing a defensive driving course.

For people who qualify, the discounts can be substantial.

Someone who drives 5,000 miles annually pays an average of 8 percent less than someone who drives 15,000 per year, the study found.

The average low-mileage savings is highest in California, 25 percent; followed by Washington, D.C., and Alaska at 11 percent.

In Pennsylvania, the low-mileage discount produces an average savings of 7 percent, the report said.

Marriage discounts are highest for young adults, with a married 20-year-old paying 21 percent less than a single 20-year-old. The gap narrows to 7 percent at age 25 and to around 2 percent after age 30.

Insurers also offer discounts for people in certain occupations: for high school and college students who maintain a “B” average; and for motorists who complete a defensive driving course. Studies have shown those types of drivers have fewer accidents, said Laura Adams, senior analyst at insuranceQuotes.com.

“These discounts can add up to hundreds of dollars per year, and in many cases, they reward people for doing things they were already doing,” she said.

She recommended policyholders ask about special discounts at least once a year.