subject: 5 Errors To Avoid If You Are Renewing Your Auto Insurance [print this page] You will invariably have plenty of advice from people when you are about to renew your auto insurance. That is normal of course as everyone is trying to assist. Nonetheless, the people advising will not always possess all the information you need and it is vital to know what mistakes or errors to avoid.
So you would be advised to read this article as it has important information to help you avoid expensive auto insurance policies. It will help not necessarily by telling you what to do but by what to avoid. It examines five possible mistakes to avoid when buying or renewing your auto insurance.
You can find the list of items below:
1. Try not to rely on just one quote for your auto insurance. This is an error for several reasons. The main one though is that it is vital to have a comparison between different insurance policies to decide if the policy is value for money or not. Much better to get as many quotes as you can.
2. Do not pay extra for a low deductible or insurance excess. This is because most people do not claim on their insurance policy. It is there for legal reasons and in case you are unfortunate enough to end up in an accident but you are very unlikely to make a claim. It is therefore financially sensible to reduce the price of the insurance by selecting a higher deductible or excess. So try to go with as high an deductible or excess that you think you can afford if you were to have an accident.
3. Do not make the mistake of not reading and understanding the policies properly. Clearly you can end up with unsuitable insurance or options if you do not check it properly. Ensure instead that all the quotes you get are from the same set of information given to each insurance company and then spend time to carefully compare them.
4. Avoid if you can using a number of companies for all your insurances. This is because insurance companies often will have discounts for having multiple policies with them so it will save you money. So find companies that will offer special deals if you have more than one insurance policy with them, such as including house and auto insurance.
5. You should not do business with an insurance company without checking their record of paying out in the event of claims. It may seem like a lot of trouble but will be a mistake if you do not do this. You will not want to find out an insurance company has a bad record of meeting claims when you have just had an accident and are in need of their help.
Follow the advice here, and ensure you do not make these mistakes, it should help to avoid you being charged too much for your auto insurance or ending up with a policy that is not suitable.
by: Dave Smith...
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