Common mistakes to avoid when buying car insurance

Getting car insurance is essential aspect of owning and running an automobile. What mistakes you should avoid in getting car insurance?

10:52 22 October 2013

There are plenty of mistakes people commit when they apply for car insurance. Whether it is caused by negligence or ignorance, these mistakes should and can be avoided. It is paramount that you understand the coverage of your insurance. Familiarising yourself with the process of getting car insurance will enable you to obtain the most suitable car insurance for you; that is, getting the best coverage at cheapest price.

The common mistakes you should avoid when looking for car insurance:

• For whatever reasons, failure to check out several companies and to make comparison of their offers before choosing the most suitable coverage. Usually, the first offer is not the best nor the perfect car insurance for you. Checking online insurance websites or consulting an insurance broker would help you to get the best for your car insurance.

 

• Factors affecting premiums are disregarded. There are numerous factors to consider before choosing the best insurance policy for your car. Again, when you do not analyse every offer available before purchasing car insurance, it could be a big mistake.

 

• Getting insurance below minimum recommended coverage. People do this to save money on premiums. However, this is not a practical idea. Getting at least the minimum coverage protection will be the best option.

 

• Missing or making delayed premium payments. For security purposes, it is not logical to miss premium payments. Thus, you should have analysed if you will be able to afford premiums before you actually sign any policy.  Accidents happen when you least expect it, so it is best that you are prepared for the unexpected.

 

If in doubt, consult a reputable insurance broker to guide you in choosing your car insurance.