With the advent of internet purchasing car insurance has been as simple & quick as click of the button. With the help of online medium you can buy insurance anytime and anyhow even while sipping a cup of tea at your house, office or place of your choice. However, the main concern is Compare Car Insurance sites promise much but do they always deliver? Do they really help you in getting the right policy at the right price? Car insurance comparison websites or aggregators as they're sometimes known advertise themselves as able to find you the best deal with the minimum of fuss. You enter your details once and at the click of a button they compare the policies of numerous insurers for you - hopefully saving your money and a lot of legwork in the process. While these are the positive sides of buying car insurance online, the real concern comes when it comes to cutting the cost of your car insurance. Are one click comparison sites really as useful as they try and make out? The article gives you insight on how to compare car insurance so as it works for you. These comparison sites can be an efficient tool in your pursuit of getting the right car insurance for the right price.
Not all comparison sites compare the same insurance providers or policies. Therefore a good start would be list down the comparison sites and find out which insurance providers offer the best service out of the comparison tool. Check which sites compare the most companies and give you the option to keep your personal details personal. Then use two or three comparison sites to get quotes. In this way not only are you casting your net as widely as possible, you are also narrowing down on your consensus to ensure that no particularly beneficial policies slip through. Keep in mind the cheapest provider of each comparison site will stay tempt in calling you and retaining you as valued customers. You need to think twice before you fall prey of irrelevant policies.
Double check your quote
Use car insurance comparison sites table to compare the features and benefits of each of the policies that are flagged as offering you the cheapest cover. If they seem suitable get a direct quote to verify that you can still get the price you've been quoted once you enter your correct details.
Opt for Direct
Insurance market never stands still and the direct insurers are fighting back against the comparison websites which is great news for you! Take a direct approach instead of someone misleading you. Once you understand the pros and cons call them up and book for suitable policy. Always try to get quotes direct from the insurance providers who don’t use comparison website too either by calling them or visiting the company. Ignoring them could mean missing on some very attractive introductory discounts and other special offers, such as twelve months insurance for the price of ten etc.
Once you've gathered the relevant quotes you'll be able to compare the cost, features & benefits, discount offered, claim procedures, cover etc. elements of the policies that meet your car insurance requirements. You then simply need to opt for the insurer that offers you the best policy for the best price and there you’re sorted out.
Time is not money in insurance world
Some speedy car insurance comparison websites specialize in putting across tempting offers to make a decision on which policy to buy in a hasty fashion. However, you should always approach buying any financial product with care and consideration. Of course, getting a few quotes isn't quite as quick as just going with 1 comparison site, it’s about going through 2-3 comparison sites, investing few minutes of your valuable time and then feel happy that you got the cover you wish to get at the best possible price.
While preparing to buy car cover you can be a smarter consumer by shopping car insurance online before you settle down with any particular policy. Comparing helps consumer to find the right policy for car at optimum costs. You get to know the best of the features, discounts, premium costs, payment procedures, hassle free claims etc. under single platform i.e car insurance online comparison. So take advantage of free car insurance quotes and get a policy that best fits your needs and budget.
In today’s just as you run for saving money companies too run to retain their business. Therefore, the best way to make insurance companies reduce your rates is to make them compete for your business. Take some time out to learn about your insurance option and say no to deals which sound expensive and not impressive as well. An online insurance quotes provide consumers the opportunity to learn about their insurance options. Besides, calling up customer service agent, visiting insurance companies will not only end up wasting your hard earned money but also your precious time and energy.
Shopping for car insurance online has several benefits. Here’s a look on it:
•You can get multiple insurance quotes without having to talk to an insurance agent or sales representative.
•You can visit each company website individually and request single quote as well. Many companies have now also started providing rate and estimated rate of their competitors as well online.
•You get to compare features & benefits, premium costs, discount & offer deals, payment procedures, claim procedure etc.
•You can take experience on the companies problem solving & customer handling ability by chatting online with them as well. Check for the company reputation and look where they stand in markets as well.
•When you shop car insurance online, most online services give you the option of talking to a licensed agent before you buying your car policy.
The most common mistake what Indian do is that they believe “CHEAP is the BEST”. However, this is a complete wrong theory. Getting a lower rate should only be a part of the equation. It is important to look at what services the insurer provides and at what costs. Check for benefits and flexibility in dealing with company as well.
Always look for 2 to 4 options on your car policy. Once you have narrowed down your car insurance quotes, compare them well. While comparing car insurance online or taking a new one keep handy your existing policy so you can identify the loophole and purchase better policy. Check for price available for the coverage you need and the quality of the insurance company. This way you understand the important part of policies. Therefore, take your own time to thoroughly compare your auto insurance quotes before making a decision about which policy to purchase. The company should have acceptable rating in the industry. Some car insurance companies have built reputations for being easy to work with by having easy to understand claims processes and helpful agents that can make your stress free during the aftermath of car accident. Always try and stick with companies that rate excellent or very good in the top categories, and have good customer reviews.
Do you ever wonder why different cars cost you different amounts for auto insurance premiums? Why is it that a new Corvette may cost you $1,600 dollars a month in auto insurance and an older Buick Regal may only cost you $90 per month? The new car insurance cost versus the old car insurance cost is a subject that you must review before you buy any car. Review insurance costs before you buy and you will not get caught in a financial trap.
New cars cost more to insure than old cars for three reasons. First, an auto theft of a new and exotic car costs much more than the auto theft of an older and average style car. This is because of the large value difference of the new car versus old car. For example, a new Chevy Caprice is much more costly to insure than an older Chevy Caprice. It simply costs more money to replace a new, expensive car than an older, less expensive car.
Second, the cost to repair a new car is much more than the cost to repair an old car. As such, this fact shall also increase your insurance premium cost for a new car. For example, if a new Chevy Caprice is damaged in an accident, the auto repair shop will charge you much more money for repairs than if the subject car were a ten-year old Chevy Caprice. For this reason, your insurer will charge you much more insurance premiums on a new vehicle than an older vehicle because of such repair costs.
Third, the style and type of car also shall greatly affect the cost of automobile insurance premiums that your car insurance company will charge you. Insurance companies use actuarial statistic tables which show them the past loss experience on particular styles and types of cars. They use these tables, to help calculate what premiums to charge their customers in the future. Statistical tables show these insurance companies that owners of certain styles and types of cars, such as sports cars, engage in more risky driving behavior than owners of cars that are of average type and style.
For example, insurance company statistical tables show that the insurer has experienced more losses with sports cars than with average cars. It is because the owner of a Corvette will probably drive such car faster and riskier than the owner of a Toyota Camry. With such speed and risk also comes along more losses for the insurance companies. With such risk and loss increase, the insurance company must then increase their return and charge more for auto insurance premiums.
Another example of how the type and style of vehicle may present an insurance company with more risk is the off-road style vehicles such as the Hummer line of vehicles. These vehicles are designed to perform in the off-road type environment. They are raised up off the ground more than regular automobiles for under carriage clearance. Additionally, they also have four-wheel drive capability.
With such design capabilities, the statistical tables show that the insurance company has experienced more losses with these types of cars than regular cars. This is because the owners of such vehicles will engage in off-road driving which is both risky to the vehicle and driver. In fact, some insurance companies may bar recovery for such damages, when the owner of the insured vehicle was damaged while any engaging in risky, off-road driving. Again, with more risk, the insurance company will increase return and thus auto insurance premiums. Now that you know that certain styles and types of cars cost more to insure than others, you have to be smart about what kind of vehicle you are going to buy.
Rather than take a guess at what you believe a vehicle's insurance costs are, call your car insurance company and ask your insurance agent for a free car insurance quote for the exact type of vehicle that you are interested in buying. You can get a definitive answer to your question of whether or not you can afford both the car and the insurance premiums required to cover your car against insured losses.
The time to make such assessment is not after you purchase a vehicle. At that point in time, it is too late. The time to make such assessment is way in advance of your purchasing an automobile. You definitely want to be able to make both car payments as well as insurance premium payments. Get a free auto insurance quote ahead of time and avoid financial problems.
Source: [ http://ezinearticles.com/?Learn-How-To-Buy-A-Car-And-Car-Insurance-Without-Breaking-Your-Budget&id=6287028 ]
Car Insurance is a tricky business, as most of the policy buyers aren’t aware of what needs to be done and what has to be avoided. Therefore, taken up this initiative to educate potential policy buyers about the merits of having a best car insurance policy. Now before we get into any details, let us first tell our readers that having a car without insurance is illegal. So you cannot drive a car in India that is not covered under a valid insurance policy.
Now, there are two types of car insurances:
Third-party insurance: In this case, the insurance company pays all the damage that is caused to the other party’s car, property, or humans.
First-party insurance: This is the one where in the insurance company pays for all damages to your own as well as other’s property. This is relatively more expensive as there are greater benefits. The best (ideal) option is the first-party insurance, and Car Insurance offers is called a ‘Car Shield’ plan.
Car Shield has been tailored to make both you and your car safe. Loss of or damage to your car by the way of a fire incident or theft is also covered.
Cover damage to your car, theft of parts, and/or all your accessories.
Choose from a host of add-on covers for added protection and coverages, including Depreciation Waiver on plastic or metals parts in case of partial loss or claim, replacement of windshield glass without affecting your No Claim Bonus, insuring your car for 100% of the list price, and ability to receive back the total invoice value of the car in case of total damages or theft.
Optional Personal Accident cover of up to INR 2 lakh for co-passengers.
Third-party cover up to INR 7.5 lakh legal liability to paid driver.
Car Insurance is also available online and best car insurance are available.
Free vehicle inspection at your door step, in case of break in insurance, and facility to buy online within 24 hours.
We facilitate cashless facility all over India.
Get 24×7 Roadside Assistance in case of emergencies due to accidents.
Dedicated 24X7 helpline in case of claim.
Get personal care with a dedicated personal relationship manager to guide you in case of an accident and to take you through the claims process.
Speedy authorization of repairs to get your car back on road quickly.
Benefits of Renewing/Buying Policy Online:
Pay using debit/credit card.
Special Model wise Discounts on Own Damage Premium.
Transfer No Claim Bonus (NCB) from other insurance company on renewal
Source: [http://blogs.rediff.com/carinsurance/2016/07/01/best-car-insurance/ ]
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.
When you go online to buy insurance the best place to start is an all inclusive comparison site. These sites search all the top companies and present you with four or five of your best quotes based on the information you have provided. These sites are becoming more popular since they allow you to find a quote, compare the price and the coverage with other companies.
You have a car, it gets you back and forth to the important things you must do in your life. All states require at least some form of insurance for you to drive on the road. You must show proof of this insurance for everything from getting your license, in some states, to getting your tags. Shopping around for car insurance is a hassle that most people don't enjoy facing.
It's a pain contacting company after company repeating various information just to buy car insurance. Because of faster internet speeds and more websites offering comparison shopping, consumers have an easier way to buy insurance.
A few of these companies not only allow you to buy best car insurance from them, but they allow you to print your proof of insurance. This is a relatively new feature in which you no longer have to wait for your insurance cards in the mail, saving you the stress and headache of driving around seemingly uninsured.
Being able to compare companies, buy car insurance and print proof of insurance from one site is a very popular idea. Anything that saves time is almost as valuable as saving money. In our busy lives we simple don't have a lot of time to waste, going online to get car insurance is the simplest solution to your insurance needs.
It is important to compare insurance quotes before getting signed up with an insurance policy. When you compare insurance quotes you can rest assured you are saving both time and money because you are guaranteed to get the cheap insurance rates.
Everybody who drives a vehicle needs to have vehicle insurance. There are a lot of car insurance businesses in every area it can be tough to compare their prices. There are a lot of large vehicle companies on the internet, providing competitive policy services prices. Purchase car insurance on the internet and save money and time for yourself. Here following are tips how to get it.
1. Prepare a list of your information, together with data about your vehicle. Keep this at the front of you while you seek vehicle insurance companies. You required your driver’s license number plus driving history (also dates of any current accidents) and personal data, like your social security number and your address. For your car you required accident history, mileage, license plate number, VIN (vehicle identification number), model and make.
2. Search vehicle insurance companies on the internet by typing ‘’car insurance’’ into the search engine. A lot of car insurance companies turn up in the search results. Fix with insurance companies you have listened of and can ask family and friends about. Select a online car insurance company that explains you a price comparison of their quotes with other large companies on the internet. You can input your information and car information in once and obtain quotes from a lot of different insurance companies online.
3. Decide what kind your insurance coverage you require. There are a lot of different type of insurance coverage options and coverage policies for vehicle. When searching at the online website of the vehicle insurance coverage, have a look at the insurance coverage policies they provide. A lot of can allow you know the least amount coverage your area legally permits.
4. Enter your date into the PC to obtain a free quote. Ensure the online website states you obtain an online free quote. A lot of smaller insurance companies may let you to enter your data but will not show the quote information on the internet. They offer to make call you and chat to your regarding your car insurance requirements. An online website
quote is much quicker, and you can get all of the price comparisons at front of you at the same time, with not force to buy.
5. Select an online car insurance company by comparing the quote of the coverage policies and the insurance coverage offered. Select one vehicle insurance company and visit to their online website. Get the car insurance policy to would like to make use of a credit card. A lot of insurance providers let you to print a provisional insurance coverage card instantly and send other in the email at the later date.
6. As a final point, review your insurance contract prior to sign on the marked line. Ensure you are not offering anything important, such as the legal rights to take a legal action your insurance provider for nonpayment.
TAG: car insurance india, motor insurance India, vehicle insurance, online car insurance
21st Century Insurance: Don’t use this worthless insurance company. I used to use them, but they sent me multiple envelopes in the mail EVERY SINGLE WEEK until I finally canceled them. The rates were great, but the hassle wasn’t worth it.
Fourth, be an expert caller by asking these questions.
With each call, you should say, “AAA (or whoever) is offering to insure me for $XXX less” (silence). See what they do. (Note: Negotiating lower insurance using this technique is much harder to do with car insurance companies than banks, so don’t expect very much from this.)
How much would I save if I insure my car and house with you?
What about renewal discounts? How long have I been a member with you? What can you offer me as a discount for long-term membership?
Can I save money by pre-paying my entire year up front?
Let’s check my car. I know other firms offer discounts for features like anti-lock brakes. What about you?
What kind of low-mileage discounts do you offer?
If I enrolled in a defensive-driving course, what kind of discount would you offer? Oh, really? Which courses qualify?
What about discounts for my employer? (Tell them the specific name of your employer?)
Some insurance companies offer discounts for low-risk occupations (engineers). What kind of competitive rates do you offer?
Am I paying for roadside assistance? What other additional “benefits” am I paying for? (If you already pay for AAA, you don’t need roadside assistance through your car insurance. Also, check your credit card: They may offer roadside assistance (but call them and ask how much it really costs if you have to use it – some of their offers for “roadside assistance” really mean “we will assist you by calling someone for you and then charging you out the ass”).
Can you walk me through the deductible changes I could make to save money? (Deductibles are what you pay before your insurance policy kicks in. By requesting higher deductibles, you can lower your costs substantially. For example, increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15 to 30 percent. Going to a $1,000 deductible can save you more than 40%. Before choosing a higher deductible, be sure you have enough money set aside to pay it if you have a claim. More details here.
AAA, Costco, credit cards, large employers, associations (AARP, teachers’ union): Many of these offer discounts on car insurance. Log onto their website and browse to “perks.”