When choosing the best Automobile Insurance, different factors must be taken into account to achieve adequate protection and not end up spending more money than necessary. The insurance offer is very large and, frequently, we find promotions that, on occasions, lower the price of the policy at the expense of lowering the Insurance coverage . But is that what really interests you?
The truth is that a good Car Insurance does not have to be expensive and must include the guarantees that the user needs to drive with peace of mind, knowing that the insurer can really help you in the event of any problem.
Finding the best Car Insurance is not an easy task, so we are going to give you some tips that will help you make the best decision when it comes to insuring your vehicle and save!
1. Make a comparison of Car Insurance
To choose well, it is necessary to compare. That is why what you have to do before making a decision and hiring a car policy is to make a good comparison between Car Insurance from different insurers.
To do this, you can use our Car Insurance comparator , where you only have to leave the vehicle data and an advisor will make that comparison for you and offer you an adjusted and tailored budget.
But if you prefer to do it yourself, perhaps the best advice we can give you is not to be impressed by the great offers and promotions.
The price is not the only factor that must be taken into account when comparing Insurance , it is also necessary to take a good look at the guarantees offered and the price-quality ratio of the coverage offered.
2. If you are going to improve your Insurance, cancel the old policy
The decision to hire better Car Insurance often comes from not being satisfied with the current policy. Whether due to the price or the service you have received from the insurer, it is common to change insurance in search of better conditions.
If that is your case, do not forget to cancel your policy well in advance to save yourself problems. You should know that to cancel your policy you have to notify it at least one month before the date on which its validity ends. This will prevent it from automatically renewing.
3. Choose the best Car Insurance, depending on the characteristics of the car
This advice seems obvious, but many people overlook it: You have to insure the car with a policy that suits its characteristics. Not all policies are the most recommended for all cars.
In this way, if we want to insure a high-end car or look for a new vehicle policy , the most advisable thing is to opt for an All Risk Insurance .
Why, if it is much more expensive? Well, because the repairs that may arise will be quite expensive if you do them on your own and because if there is a total loss of the vehicle due to an accident, it is likely that the insurer will offer you compensation by valuing your car at new value.
For this reason, if you have an older car and are unlucky enough to have a serious accident, chances are it’s not worth repairing. Going through the workshop would be more expensive than the vehicle itself and the insurer can declare it a total loss . In those cases, a more basic insurance may be enough.
Depending on the characteristics of the car, one policy or another will be convenient. In general, an extended Third Party Insurance with the coverage that the client needs is the most contracted option.
4. Are you a good driver? Factors that influence the price of Insurance
Sometimes, whether or not you get the best Auto Insurance at an affordable price depends more on the driver. Cautious driving is something that insurers reward and that can lead to an interesting reduction in the price of the Insurance.
Insurance Bonus and accident rate
In this way, the absence of accidents is a reason for a bonus in the premium , with which the lower the number of incidents, the greater the bonus in successive premiums. Here we tell you how bonuses work in Car Insurance
If we want to change insurer while maintaining our bonuses for being good drivers, it is important to make sure that the company that is going to insure the vehicle takes this bonus into account.
In addition to the accident rate, there are other personal factors that can be decisive when hiring an Auto policy. For example, age can also influence the price, and even the insurer’s decision to accept auto insurance .
In fact, being under 25 years of age or having passed 65 makes the price of the Insurance more expensive or may even cause the insurer to refuse to insure us. It is something that you must take into account so as not to encounter unpleasant surprises.
5. Coverage: the key to getting the best Car Insurance
A key element in choosing the best Automobile Insurance is its coverage. Insurers offer the possibility of personalizing the policy and including and excluding guarantees that can increase the price of the Insurance.
Think about your vehicle and how you use it to include only those coverages and services that you really need.
However, it is advisable to include some coverage that, beyond the Compulsory Insurance, every car policy should have:
– Compulsory Civil Liability
– Voluntary Civil Liability
– Travel assistance
– Driver’s insurance
– Legal Defense
These are the most necessary coverages, but not the only ones. In our blog you will find a lot of information about the guarantees with which you can insure a car
For many vehicles , the best Auto Insurance is an All Risk , the type of policy that offers the most protection. Insuring a fully comprehensive car is more expensive, but it offers more guarantees and services to the insured.
In this sense, if we want to enjoy the coverage of an All Risk at a cheaper price, we have the option of contracting a franchise , which will allow us, in case of repair, to have the service covered with the payment of a fixed amount. .
6. Don’t forget the car extras
Did you know that car extras and accessories are usually left out of Insurance coverage? Many drivers do not take into account that when insuring their car it is necessary to include all the elements that do not come as standard so that our insurer will take care of them in the event of an accident.
Including the extras of the car in the policy usually makes the price of the Insurance more expensive. In fact, there are cases in which custom insurance is necessary, such as when we are going to insure a tuning car .
In any case, the extras can increase the premium, which is why many people do not want to include car accessories in the contract. We must weigh whether it is worth it or not before including them; although if they are not included, they will not be covered.
7. The insurer’s offer: Is it the best Automobile Insurance they can offer you?
When requesting a quote to insure your car , the insurer will send you an offer, an Insurance proposal that must include at least:
– The identification of the owner, the usual driver and the policyholder.
– The identification of the vehicle, brand, model, its characteristics and license plate.
– The requested guarantees.
– The minimum coverage period.
If you have the advice of an Insurance mediator , he will be the one to explain the details of the offer, and will help you decide between several options.
8. Insurance payment: are you interested in paying in installments?
One of the advantages offered by many insurers is the possibility of splitting the insurance payment . In cases where the policyholder has difficulty making ends meet, this solution can be a great help in maintaining the guarantees and services that he desires.
But you have to be careful, because in most cases paying the insurance in installments means an increase in the final price of the policy.
It is necessary to ask what increase is applied and think about whether it is worth paying that extra percentage in the price in exchange for paying the policy in two or three installments throughout the year.
9. You have to read the small print well
In this matter of Insurance, we will not tire of repeating it: you have to read the small print of the contract . Many times, the difference between a good Automobile Insurance and another that is not, is in the conditions of the policy .
There are exclusions, limitations, coverage that only covers up to a certain amount, services that are provided under certain conditions… In addition, it is convenient to know if the insurer applies surcharges of any kind and if there are penalties in case of intervening in several claims during the term of the insurance. The policy.
The policies of each car insurer have their advantages and limitations, so you have to read everything carefully so that you are very clear about what our Car Insurance does and does not cover before hiring it. This post about the insurance contract will give you the keys to better understand your car insurance policy .
10. Trust your Insurance broker: you will find the best Car Insurance for you
One way to get good Automobile Insurance may be to put yourself in the hands of an Insurance broker . In our brokerage we advise thousands of clients and help them insure their vehicles with the best policies and the guarantees they really need.
In addition, as we broker Insurance for thousands of clients, we can obtain sensational prices, so that insuring the car is cheaper.
But what is really an advantage is that an insurance broker can explain, clearly and in detail, each of the clauses of your policy, especially the fine print that we talked about before, so that in the event of an accident you do not don’t get any unpleasant surprises.