For the most of the families the buying of the car is connected with many years of savings. The loss of car means the collapse of plans of life: sometimes the car provides an additional income. In such circumstances, the car owner has been able to find the money for insurance and also to raise […]
For the most of the families the buying of the car is connected with many years of savings. The loss of car means the collapse of plans of life: sometimes the car provides an additional income. In such circumstances, the car owner has been able to find the money for insurance and also to raise money for a new car. In the case of a major accident, he would have no means of redress to third parties.
The popularity of car insurance does not depend on the level of national insurance market. This is a critical type of insurance in the portfolios of leading Western insurance companies. The charges premiums are substantially higher than for other property insurance. For example, in Eastern European countries since the beginning of market reforms namely automobile insurance has demonstrated the greatest increase in volume, largely forming the resources of the insurance market, and interest in it from the major foreign insurers.
The rules of insurance of vehicles are an integral part of any contract of insurance (CASCO and OSAGO). Purchasing and signing the policy of any insurance company, you agree to these rules and accept the conditions of insurance. But most people do not pay attention to this point, thus allowing a grave mistake. About 30% of failures in the insurance claims are due to failure / ignorance of the rules of the insurance policyholders.
It is important to bear in mind that the rules of car insurance (CASCO) for each insurance company’s are their “own” and some items are different. The rules sometimes change, new versions are released. Here is an example, a number of important for the insured items:
1. The object of insurance, insurance risks, insurance claims
2. The exclusions from coverage
3. The order of detention and termination of insurance
4. The duties of the parties upon the occurrence of insured
5. The determination of the size and order of payment of insurance compensation
6. The risk changing
7. The consideration of controversial issues
If you pick up a policy, you’ll see that it reflects only your data, on your car, a number of insurance terms and numbers (the sum insured, premium, term of the contract). The fact that the list of the rules of insurance is a fairly lengthy document, which was decided a separate book.
The choice of the insurance company should be approached responsibly as possible. The best way to explore the views of several experts, to ask friends, learn some customer feedback on service.
A lot of experts recommend to acquire a contract of the companies, which are in the market more than 10-15 years. An important criterion for the choice of the company is also the presence of many types of insurance licenses, not related to insurance.
Do you know that the knowledge of car insurance can assist you a lot in taking care of lots of problems with finding car insurance quotes?
Yes. This is really doable. Learn more about “cheap car insurance” topic, how you can get great offer and how to use this info with maximum effect.
Today we are living in the world where knowledge quickly enhances the quality of our life.
Due to this if you are properly armed with the info in your sphere of interest you can rest assured that you will always find the solution to any bad situation. So, please make sure to visit this blog on a regular basis or – best of all – sign up to its RSS. In such an easy way you will have a direct shortcut to the freshest informational updates here. Blogging can be helpful, you just need to know how to use blogging to help you in finding the best car insurance propositions on the market.
