How to choose the right insurance?

 How to choose the right insurance?

 
How to choose the right insurance?
It is not uncommon to spend over a thousand dollars a year on vehicle insurance. There are many insurance companies and multiple coverages. It is therefore important, very important to shop From the driver's age, to his place of residence or the date of obtaining his license, including the power of the vehicle, its date of entry into service and even its color bodywork, even the smallest detail is subject to pricing. Each insurer establishes its own statistics, calculates the risk represented by the insured and develops its rates accordingly.

It is important to shop

1— Prices can be multiplied by 4 for the same driver profile. One can easily save 40% of the annual price by comparing insurers.

2— Choose a package that meets your needs

Insurers sometimes offer up to 8 or 10 different formulas Third party formula, all risk. Each package has paid options and specific pricing. Each clause has a price, target your needs to pay the right price. An old car doesn't need comprehensive insurance.

3 - No option is required

Just like the options offered by an auto dealer, the options offered by an insurer are not mandatory, stick to your game plan.

4— Read your contract carefully

Every clause in the contract should be reviewed. Even though insurance policies are alike, none are the same. " Will a theft guarantee compensate for a non-break-in theft? Will broken headlights be covered by the broken glass warranty? Ask questions and demand answers.

5— Evaluate the offers

Low prices can hide exorbitant deductibles. We are tempted to pay a lower annual premium, but it is better to check the amount of the deductible to pay if you have an accident.