<title> Car Insurance, Why Cheap isn’t always Best</title>

Car Insurance, Why Cheap isn’t always Best

Car Insurance, Why Cheap isn’t always Best

When comparing car insurance, it can be far too easy to get distracted by price and simply go for the cheapest option. However, this isn’t always the best way to go as there are far too many other considerations beyond the price of your insurance deal. Quite often many people don’t find out how good their car insurance is until they need to make a claim; at that critical point it’s not very nice at all to find out that what you thought was a good deal is not actually good enough to cover you properly.
So what are the other points you need to consider? We thought it would make a really useful post to go through some points that definitely require some thought before you commit to car insurance.

Customer Service

Good customer service is one of the things that will make your life ten times easier in the event of making a claim. If you’re unfortunate enough to be involved in an accident then you’ll want to be looked after properly and not have to go through a nightmare trying to deal with your claim. One of the best ways to find this out is to do some research online and find out some past experiences from existing customers. Most review sites will feature plenty of people reviewing insurance companies and this can be a great way to find out how efficient they are when making a claim.

Third Party vs Fully Comprehensive

One way in which many people choose to save money on their car insurance is to pay for third party insurance rather than fully comprehensive insurance. If you’re tempted to make this saving you really need to consider the potential financial risk you are putting yourself in. Third party insurance will only cover damage done to other people’s cars and property, not your own vehicle. This means that if you’re involved in an accident that is your fault; you won’t get a penny to pay for the damage to your car.

If you have a very cheap car that isn’t worth much money, then this might well be OK. However, if your vehicle has cost a large sum then you will need to make sure you can cover the cost should it be damaged. One rule of thumb is that if your car has cost more than a month’s wages, you should definitely go for fully comprehensive insurance. Of course this is different for everyone though. Honestly speaking, if you can afford to pay for fully comprehensive insurance you should definitely do it.

Personal Injury

You also need to think about what might happen if you suffer injury from a car accident and need to take time off from work. If your cheap insurance package doesn’t cover personal injury, you might end up in financial difficulty should you suffer an injury. This is all about making sure you read the small print, and finding out exactly what and how much you are covered for. If you are self employed or live in a country where you need to pay for health insurance, the personal injury section of your car insurance policy becomes even more important.

Legal Costs

Another thing that ‘cheap’ insurance packages sometimes miss is legal expenses insurance. Should you end up in a situation where you have to pay legal fees, you really do want to have some insurance in place to help you cover the costs. Legal expenses can get extremely costly; to the point where un prepared people can end up facing bankruptcy. If you think you may be at risk from such a situation, the small amount you pay for this extra cover is well worth it in the long run.

About the Author: Ellie-Rose Williams works for discounts.ca, a website that provides a large selection of vouchers and coupons for well known brands. Offers currently on the website include Dell Coupons, Chapters Indigo Coupons and Expedia Coupons.

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