Saturday 30 January 2016
Monday 25 January 2016
Cheap Car Insurance – Get Quotes Online
Okay, so a nice walk or run might actually be better for
you, but if you want to keep up with Brilly Ant and his mates, you’ll need to
hop in the motor. So while you’re driving around, Brilly and the InsureAnts
will be using those strong legs to quickly cover as much ground as they can.
Our InsureAnts leave no stone, leaf or tasty big lump of
sugar unturned to help you unearth some great deals. When you compare cheap car
insurance quotes, you will need to consider what type of cover you want. The
three main types are fully comprehensive, third party and third party fire and
theft.
Fully comprehensive will usually cost you more than the
other two, but will give you the best cover. You’ll be fully covered against
injuries and damage to you, your car, other drivers and their cars in the event
of an accident.
There are a range of other benefits that often come with
being ‘fully comp’ such as replacement of broken windows, repairs to your car
through accidental damage and theft, whether that by the car itself or things
inside it like your car stereo system.
Check with your policy provider for more details of the benefits
included in your policy.
Third party is the cheapest, but offers the least cover. If
you are involved in an accident, it will only cover the other driver and their
car and any other property that is damaged, while third party first and theft
will give you added protection against, well, fire and theft of course.
These are the budget options and may be considered risky,
but if you are confident you can avoid any major accidents, it may be the one
for you.
A lot of things can dictate what policy you take out – your
budget, your age, the type of car you drive and what you use it for. But don’t
worry if it all seems a bit much to take on board in one go. Just fill in your
details in the easy quote form provided, and you’ll be given loads of quotes to
suit your needs. The quotes are set out in an easy to understand manner,
showing you things that will suit you best in a cheap
car insurance policy.
Brilly’s Car
Insurance Guide – Some Handy Tips
When you are comparing quotes, you should consider these
handy tips from insurance experts:
Look at the cost of the policy carefully. If there is an
option to pay monthly, you may end up paying more because of interest charges.
If you can, try and pay the premium up front – it could save you even more
money in the long run.
Think carefully about what occupation you put down in your
quote form. Some jobs mean higher premiums, so you may have to be a bit
creative with your job description. Most insurers offer a huge choice of job
titles, so pick one that closely describes your job, but which won’t lead to a
hefty premium.
Our InsureAnts love finding the cheapest car insurance, so
don’t worry about working them too hard. Here’s a handy tip which can keep you
on top of the very latest deals:
Alright, try these
little nuggets:
Mileage – Think about all the miles you will cover in a
year. Okay, so it’s probably a lot. Try thinking about how many miles you drive
in a month and multiply it by 12. If you overestimate this number or you are
rubbish at maths, you could end up spending too much on your car insurance.
Excess – No this isn’t about eating too much, it’s the
amount of money you have to pay your prvider if you make a claim. A higher
excess will give you cheaper cover, but that can be risky because it means
you’ll end up paying out a lot of money if something does go wrong. Try to get
the balance right by thinking about how much you would be prepared to pay
towards repairs or a new car.
Friday 22 January 2016
Don’t overlook General Insurance!
Generally,
we are very cautious while taking a loan or a life insurance policy to save
those last minute surprises. But most of us have a misconception about general
insurance that choosing a tailor made policy will take care of you and your
belongings. Besides the required coverage and sum insured, it is important to
ensure that the final policy document of a general insurance should comply with
all the terms that the agent / insurer has agreed with you.
A few things
that should be cross checked in a GI policy
Personal
Details-
In case of
health insurance policies even a misspelled name or a wrongly entered age can
cause rejection of a claim. For others, a full description of the property has
to be given to the financier. Commercial policies should have correct door
numbers if the insurance is for a building and correct serial numbers in case
of machinery.
Vehicle
Details-
Vehicle
models or seating capacity can be entered wrong if the software of the
insurance company is not updated with that particular vehicle model. If you
have made any alterations in the vehicle, like seating, LPG kit etc, check
whether it has been entered in your policy. Errors in registration numbers can
also cause disputes when claims arise.
Hypothecation-
If your
belongings are hypothecated to any bank or financial institution, the details
of the same should be mentioned in the policy. This is because in case if the
property is lost, the claim has to be settled against the financier and not to
the insured.
Address-
The address
of the insured to which all communications in respect to the car
insurance India contract should be sent is important. There is a practice
among agents to direct the communications of their clients through them. It is
better to make communications direct than routing through agents, as there are
chances of delay or failures in passing them on the right time. For example, a
renewal notice if not reached on time can put you in trouble if a claim comes
during the lapsed time or you can lose your No Claim Bonus.
Period of
Insurance-
Always check
the date of issuance of the policy. Delay can happen in policy issuance even if
you had paid cash for renewal to your agent. Always ensure that your policies
are renewed at least a day before the date of expiry. Because, in case if an
event occurs even in an hour’s gap between policy expiry and renewal, the claim
will not be considered.
Sum Insured-
Ensure that
correct estimate of the assets are made, to avoid the risk of under insurance
or over insurance. For commercial policies, the average value of the products
in your premises and their possibilities of wear and tear should be mentioned.
Don’t ever compromise on asset value for getting a lower premium. Cross
checking the insured amount and value of your assets on a regular basis is
highly recommended.
Things
Covered and Not Covered-
Insurance
companies today sell products in combinations as package policies, both pre
underwritten and underwritten after considering the needs of customers in
different segments. Ensure that your policy covers all your needs, considering
all risk factors associated with your product service or belongings.
Third Party
Insurance
The
obligations of the insured in relation to the subject matter of insurance to
those who are associated with it in case of occurrence of a claim are covered
under the third party section of the policy.
For example,
if a fire damages a customer’s car in your workshop, you are liable to your
customer also. In auto-loans third-party component is compulsory. But in others
we can make a choice considering the possibilities.
Carefully
choose them in consultation with an expert in the field and check with the
policy documents whether all are covered.
[Source: https://blog.bankbazaar.com/dont-overlook-general-insurance/]
Wednesday 20 January 2016
Sunday 17 January 2016
Friday 15 January 2016
7 Tips for Getting compare Car Insurance as a Young Driver
1. Do your research
Research, research, and then research some more. The internet is
a resource so use it. The vast majority of insurance companies have
quote-checking options on their websites. Look up a list of car insurance
providers, check your spec, and compare all your prices. If you’re brave, you
can call your insurance company and barter with them. It won’t always work, but
there’s no harm in trying!
2. Avoid high-performance vehicles/sports cars
A sports car might be fun to drive, but they’re notoriously
expensive to run and cost a small fortune in car insurance and fuel. There are
plenty of quality car insurance deals for high-performance cars but you’re
likely going to pay through the nose for a solid plan. If you’re a new or young
driver, a Subaru is going to cost you a lot more to insure than the old banger
you got when you were seventeen.
3. Go easy on the car modifications
Unnecessary modifications/alterations might look impressive, but
they’ll cost you in the long run.
4. Install an alarm and immobiliser to reduce the cost of your
car insurance
The cost of your car insurance can be driven up by factors you
haven’t even thought of. Security is something that slips most people’s minds,
experienced drivers included. Investing in a car alarm or high-tech immobiliser
may reduce the cost of your car insurance premium. If nothing else, at least
you’ll know your car is safe.
5. Hold onto your no claims bonus
This is an obvious one, but hold onto your no claims bonus and
clean licence for as long as you can. A safe driving record tells your
insurance provider that you’re trustworthy. Over time, your premium will take a
dip when your No Claims Discount comes into play.
6. Third party is cheaper—but is comprehensive car insurance
best for you?
Choosing the right car insurance plan can be tricky. There’s a
lot to consider and much of it comes down to your budget. Young drivers’ compare
car insurance is known for being
expensive, but choosing the right plan could save you a small fortune.
Third party, third party fire and theft, and comprehensive cover
all vary in price and all cover different things. Whatever plan you go with,
make sure you go through your policy in full with your broker (you can contact us here) so there’ll be no unpleasant surprises
waiting for you on the off-chance that you’re involved in an accident.
Tip: always check your policy options in-depth to make sure
you’re not paying for something you don’t actually need. Cancel any
non-relevant extras.
7. Get on your parent’s policy, if possible
Your premium will be lower if you’re on your parent’s cover. If
you’ve got siblings who nabbed the available spots before you, adding a more
experienced driver to your cover might lower your premium by ‘spreading’ the risk
associated with young drivers.
Different Types of the Car Insurance in India
Accident protection or the insurance in India manages the
protection or the insurance covers for the misfortune or harm that is created
or caused to the auto or its parts because of regular or natural and man-made
cataclysms or the calamities. It gives mischance spread to individual
proprietors or owners of the vehicle while driving furthermore for passengers
and outsider legitimate risk. There are sure general insurance agencies who
likewise offer online protection and insurance administration for the vehicle.
Accident protection in India is a mandatory and compulsory
necessity for every single new vehicle utilized, whether for business or
individual or personal utilization. The Hyundai car insurance agencies have
tie-ups with the driving and the leading auto producers and the manufacturers
of the auto mobiles. They offer their clients the instant auto quotes. Auto
premium is dictated by various variables and a numerous factors, and the
measure of premium increments with the ascent and an increase in the cost of
the vehicle. The cases and claims of the Accident protection in India can be
coincidental, burglary cases or outsider cases. Certain records and documents are
needed for asserting and claiming the Accident protection and insurance in
India, as rightfully marked case structure, RC duplicate of the vehicle,
driving permit duplicate, FIR duplicates, original appraisal and policy
duplicate.
There are distinctive sorts of Accident coverage or the Car
insurance in India, that are as follows:
Private Auto Protection or insurance:
In the Maruti car insurance in India, Private Auto Protection
is the quickest developing division as it is said to be necessary for all the
new autos. The measure and amount of premium rely on upon the make and
estimation or the value of the auto, the state where the auto is enlisted and
the year of assembling and manufacturing.
Bike Protection and insurance:
The Bike Protection
and insurance under the Accident coverage and cheap
car insurance in India covers unplanned protection for the drivers of the
vehicle. The measure and amount of premium rely on upon the current showroom
cost reproduced and multiplied by the deterioration rate settled by the Levy
Bulletin Board at the season of the start of approach and policy period.
Business Vehicle Protection:
Business Vehicle Protection and insurance under the Accident
coverage in India gives spread and cover to all the vehicles which are not
utilized for individual purposes, similar to the Trucks and HMVs. The measure
and amount of the premium rely on upon the showroom cost of the vehicle at the
initiation of the protection period, make of the vehicle and the spot of
enlistment of the vehicle.
The Mahindra car insurance by the large incorporates and
agencies:
• Loss or harm
coincidentally or accident, fire, lightning, self-ignition, outside blast,
robbery, house breaking or burglary, pernicious or malicious act.
• Liability for
outsider harm/passing or death, outsider property and risk to paid driver
• On
installment and payment of fitting extra premium, misfortune/harm to
electrical/electronic extras
The collision protection does exclude:
• Consequential
misfortune, deterioration, mechanical and electrical break down, disappointment
or breakage
• When the
vehicle is utilized outside the geological zone
[Source: https://www.reliancegeneral.co.in/Insurance/Blogs/Car-Insurance/Different-Types-of-the-Car-Insurance-in-India.aspx]
Tuesday 12 January 2016
Cheap Car Insurance Tips
Cheap car insurance is basically the forte around these parts
and we’re always happy to pass on the savings we discover to you. Some new,
some just worth a revisit, it is important that you read and absorb all the
tips we supply you with, if you’re in saving money on your car insurance. Here
are this weeks cheap car insurance tips:
Give EFT
payments a chance!
We understand the appeal when it comes to mailing in your car
insurance payments. It helps you readily balance your check book, you feel like
you’re more in control, and it just seems like less of a hassle. In actuality,
it’s not a productive way to pay ANY bill, far less, your car insurance bill.
Some companies actually charge for this method of payment,
and while it may seem like just five dollars, that’s five dollars of your money
that could be better utilized. Check for your provider’s online payment
platform options, and investigate their EFT options.
Electronic funds
transferal makes payments clean and automatic, freeing up your time and in some
cases your cash flow. If you choose to have your car insurance payment deducted
from your credit card, if means your actual cash-in-hand is available to you
for other important things. EFT payments are also an easier way for car
insurance companies to determine your level of commitment or ability to commit
to the policy.
Times change, circumstances change, and when you were
initially assessed when procuring your cheap
car insurance, you may have been considered low-risk. If things have
changed since then, or you miss a couple consecutive payments, you could be revaluated
as high-risk. Essentially having an active, validated credit card on file means
that your payments will be processed and more importantly, you have a
pre-established ability to pay consistently.
Thinking of
renting? You may just be able to forego that bit of coverage!
Sure you’ve got yourself a brand new whip and you’ve gone
ahead and invested in comprehensive and collision coverage (as well you should
for a more valuable vehicle). But there may come that inevitable time when your
lifestyle finds you in a position that requires that you rent a vehicle.
Luckily, many car insurance companies offer extended coverage to rental
vehicles, if the policyholder has comprehensive and collision coverage on their
newer/more valuable personal vehicle.
This is an excellent way to save on what can often be a bit
of a nagging cost. This particular tip isn’t something that any and everyone
can benefit from. We’ve specified newer-car owners or those who have more
expensive cars on their policy. These cars usually require more insurance
considerations, and a moderate benefit of said considerations is that certain
car insurance companies will cover rental insurance as well. if your car’s more
worse for wear and less valuable by comparison, you should go ahead and fork
out the extra for rental insurance.
Do you have car insurance questions that we haven’t already
covered in this or our previous posts? Feel free to post a comment, and we’ll
be sure to provide you with direction to the most appropriate resources. In the
mean time, read this week’s post and keep the info in mind!
[Source: http://www.insurancequotesfast.com/blog/cheap-car-insurance-tips/]
Friday 1 January 2016
Common car insurance myths and misconceptions busted
Like driving, where in misconceptions like “It will never
happen to me” or “That cow will not jump in front of my car” abound, car
insurance too has its fair share of myths attached to it.
Since we’d like to empower you to protect yourself against
various disasters, we’re going to bust these myths. Prepare to be enlightened!
1. Myth: Getting car insurance is a cumbersome process.
Reality: Buying and renewing car insurance has never been
easier.
The process now involves just filling in some basic details
about your vehicle, after which you get an instant quote of the amount of
premium it’s likely to cost you. A couple of super easy steps later, you’ll
have your policy in place.
As if this wasn’t simple enough, some insurance companies
with advanced technology have also introduced a Photo Quote option, wherein you
only need to click and share a photo of your existing policy papers to
instantly receive a quote to renew your policy.
Now how much simpler does it get than that?
2. Myth: I can’t transfer my policy from one insurer to
another because I will lose my No Claim Bonus.
Reality: Your No Claim Bonus goes where you go.
For those of you who aren’t aware, a No Claim Bonus is a sort
of reward you get for handling your car well. It’s a payment you become
eligible to receive if you haven’t filed for insurance for the entire length of
your policy, and yes, it’s usually quite a substantial amount.
Happily, however, the NCB is most definitely transferable
from one insurance company to another. The only catch? It needs to be filed
within 90 days of the expiry of your old insurance policy, so make sure you
renew it in time!
3. Myth: Car insurance only covers accidents.
Reality: Insurers know that you don’t control destiny.
Apart from accidents, car
insurance also covers losses caused by events out of your control. This
includes natural calamities like lightning, earthquakes, floods, landslides,
etc., as well as man-made disasters like burglary, theft, riots, terrorist
activity, damage in transit, etc. So don’t worry about telling your insurer it
wasn’t your fault!
4. Myth: The process of claiming car insurance is riddled
with inconsistencies.
You just need to log on to your insurance provider's website
and fill up a claim form. Once that’s done, you can even track its progress
online. Once the claim is registered, you will be contacted within 24 hours for
the next stage; document submission.
The best part is, however, that you will be assisted at every
stage. If not by FAQs, by the person on the other end of the phone, so feel
free to clear your doubts, sooner rather than later.
5. Myth: In case of an accident, I have to pay from my pocket
and then go through the hassles of processing a claim.
Reality: Either you don’t pay, or you pay and get reimbursed
after wards.
For online insurance, as long as you visit a networked garage
i.e. one that your insurance company has in its purview, your insurer will
directly settle the amount with the garage so you do not have to bear the
inconvenience.
In case you are unable to visit a networked garage for some reason,
you can claim reimbursement from your insurer at a later date.
[Source: https://www.tomorrowmakers.com/articles/car-insurance/common-car-insurance-myths-and-misconceptions-busted]
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