Nowadays at the time of a financially unstable situation everybody is willing to save money everywhere where it is just possible. Of course, insuring a car one is everybody is striving for economizing as well. There is one good way how to make the cost of your auto insurance policy less expensive. Insuring your car […]
Nowadays at the time of a financially unstable situation everybody is willing to save money everywhere where it is just possible. Of course, insuring a car one is everybody is striving for economizing as well. There is one good way how to make the cost of your auto insurance policy less expensive. Insuring your car “from all sides” – buying several types of insurance at the same time – one can essentially save money. Under different types of insurance we mean civil auto responsibility insurance, hull insurance and insurance against traffic accidents.
In this case both sides are really in a great benefit: the car owner gets an essential discount, and an insurance company can get a valuable client. Though in case you constantly got into the accidents and got compensations on previous cases one will have to forget about discounts and other privileges – the price of insurance will considerably increase.
Defining the insurance sum insurers often reduce the cost of secondhand cars. As a rule it is thought that during the first year a car loses the fifth part of its cost, during the second year it loses 15%, and consequently all other years it loses 10%. Of course, you understand that the older the car is the less the insurance sum will be. In this case one can order the expertise or ask another insurance company for more “reasonable” calculation.
Generally, if one wants to buy the hull insurance policy the insurer will take the foreign vehicles that are not older than 7 or 9 years; speaking about the vehicles that have been produced by domestic manufacturers they have to be not older than 5 or 6 years.
With the cost of the auto civil responsibility the situation is much easier – the tariffs are fixed. So, one can’t save the money purchasing only this insurance. Besides, one does not have to think about whether to buy or not to buy this insurance – it is obligatory. The tariffs are fixed governmentally. However, if you buy different types of insurance together even in this case the insurers can give you a good discount.
The price of the policy against the accident depends on the insurance and insurance sum that, in its turn, is defined by the agreement of both sides. As for the types of insurance one is recommended to get insured oneself and the passengers either by the “lump sum” system (the whole salon of the car is insured) or by the seat system (every separate seat is insured separately).
Any additional equipment installed in your car is insured only in case of the hull insurance. The price of the policy will constitute 10-15% of the insurance sum which depends on the market price of every insured element.
Anyone who is serious about finding auto insurance must start from a simple step – go and gather auto insurance quotes all over the Internet. As much as you can.
Funny, but lots of the people simply forget that we are living in the world where knowledge quickly enhances the quality of our life. Why not applying this to the topic of cheap auto insurance quotes or anything around this topic?!
That is why if you are properly armed with the info in your sphere of interest you can be sure that you will in any case find the solution to any bad situation. So, please make sure to get back to this blog on a regular basis or – the easiest way to take care of it – sign up to its RSS feed. In such an easy way you will have your hand on the pulse of the freshest informational updates here. Blogging can be helpful, you just need to know how to use blogging power to find the best car insurance propositions.
