Posts Tagged ‘Discount Car Insurance’
In auto insurance, as in everything else, you get what you pay for. And the fact is, discount auto insurance will do little more than keep a car on the road, meeting the basic legal requirements. If you expect anything more than that, you might be disappointed.
Here are 4 ways discount auto insurance might let you down:
Slow — or non-existent — customer service
A decent car insurance company prides itself on the customer service it can offer to its customers. After all, it is much easier to keep an existing customer than it is to find a new one. But cheap auto insurance companies will sacrifice your long-term satisfaction to make a quick pound upfront. They’ll cut costs wherever they can including in customer service and claims departments. As a result, they simply can’t provide the resources necessary to offer you anything more than a legal car — as long as you never make a claim. When that happens, good luck.
For example, many discount auto insurance companies use customer service automation. As a result, getting a live human being on the phone is difficult. Whether you’re dealing with claims or billing errors, you stand a good chance of being put in voice mail jail. Not only that — they are more prone to mistakes simply because the human element is gone.
Lost time
When you have an accident, your auto insurance company will send an adjuster to look at you car and assess the damage — and to weed out phony claims. Cheap auto insurance companies provide a bare-bones staff to do this. As a result, your claim may sit in a file for days or weeks (or even months) without anything happening. This means your car may remain in damaged condition for that entire time. If you can’t drive it, that’s bad. But it can be even more complicated than that.
In many states, accident damage must either be fixed before state inspection is due or the car will have to sit idle while waiting. At the same time, very few states regulate how long an insurance company may take to respond to your claim. So if you have to wait months for a claim to be done, tough luck. The auto insurance company is within their legal right to string you along.
Beyond the basics — not so cheap
In brief, the only thing people save when choosing cheap auto insurance is about £50 on the basic, no-frills policy. Once you start adding more extensive coverage, your premium may well skyrocket. In other words, you’ll end up paying more than they would have if you had started with a reputable car insurance company.
How much is it worth to keep your privacy secure?
One of the least talked-about dangers of buying cheap auto insurance security. Your personal information may not be protected by a decent privacy policy. Your credit card number, social security number, address, phone number, even your medication history is in the hands of a company that may not protect it simply because they spend no resources on privacy protections. As a result, you are at risk for identity theft. Fact is, no company can guarantee an iron-clad privacy policy, but most reputable companies will hire security experts to make sure that your sensitive information stays secure.
Conclusion
Hopefully this article has given you something to think about before buying the cheapest auto insurance policy you can find. Remember — if it sounds too good to be true, it probably is.
Cheap Car Insurance 7 Tips To Reduce Your Car Insurance Costs.
With the cost of car insurance becoming more and more of an issue for the average American family, there are increasing numbers of people looking for cheap car insurance. But although it is possible to find cheap car insurance, the question remains, is it worth buying?
Everyone knows that car insurance companies are not all equal. Cheap car insurance is wonderful when paying the bill, but make a mistake on the company you select and you could find that the cheap car insurance policy that you found may turn into a nightmare. Cheap car insurance may not turn out to be so attractive when making a claim.
So if you have found a discount car insurance broker dont just take the cheapest quote that you get. You need to find out a little about the insurance company that is offering the cheap car insurance rates.
And theres ways to reduce the cost of your car insurance even with the best of companies. Here are some tips for those looking for cheap car insurance to help reduce the cost of car insurance without compromising other things.
7 Cheap Car Insurance Tips
1.Look at your deductible amount. This is the amount that you pay first out of any claim. The cost of your policy is directly related to this amount. Many people, particularly those who have had their insurance policy for a long time, have never considered whether they ought to vary their deductible. If you have a good driving record and are prepared to increase the risk of paying a larger amount in the event of a (hopefully unlikely) claim you can save money by increasing your deductible.
2.Have a look at the type of car you drive. Certain types of cars attract higher car insurance rates. Cars such as sports cars and also certain makes and models that are prime theft candidates cost more to insure. If you are buying a car then find out which makes and models these are before you buy.
3.Drive carefully. Although it sounds a little trite to say it, your car insurance cost is a factor of your risk profile. You wont get cheap car insurance if you have had 3 speeding fines and 2 accidents in the last year. These things are all taken into account and you should take care with how you drive. It all adds up onto your bill. There are big safe driver discounts available.
4.Considering installing safety and anti theft devices in your car. Again these affect your risk profile. If you have a car that is safer and less at risk of theft it should be cheaper to insure. And if you have a car with certain safety devices now check that your insurance company is aware of these, if not tell them.
5.Look at your policy when it comes to renewal time, dont just pay. There are some things that you can vary in your policy that will affect the cost. Often there are some things there which duplicate other insurance that you may have that can be eliminated. Be critical, look carefully and ask questions about all these before you renew your policy.
6.Have a look at who your other insurers are. Many insurers offer a discount for multiple policies. If you insure your house with a certain company then ring them up and find out if they do car insurance. Get a quote from them. Find out what discounts they offer.
7.Find a good online discount car insurance broker before renewing. The internet is a fabulous resource. Use it. There are all sorts of discount insurance brokers online where you can get fast quotes from a wide range of companies. Dont just settle for the same company you always use. Car insurance rates vary all the time. Always get comparable quotes before renewing any policy.
So if youre in the market for cheap car insurance theres some ideas for you. Dont just accept that car insurance is always prohibitively expensive, get out there and do something about it.