Car insurance has turned out to be the common term in the modern life. As the individual’s life style elevates, the luxurious equipment also bind their way making it as the part and parcel of life. “Insurance” is an undeniable one that serves as the helping hand in crisis. Know some of the unrevealed facts in insuring the car.
Car warranty vs. Car insurance
If you buy a brand new car, it is obvious that you get a car warranty. The year of warranty differs based on the manufacturer’s agenda but to the max it can cover up to 5 years. So, the car insurance package may seem optional to that period of time as the collision claim, damage claim will fall to the warranty. What will you do after the expiry of warranty? You are left with no other choices than to buy car insurance. Make sure you don’t leave any gap to make for your own insurance plans once immediate the expiry date. Car warranty cannot give you the full coverage policy as compared with the insurance, so it is better to insure your car earlier than waiting for the deadline.
Plan to get multiple insurance quotes
Before buying an insurance package approach multiple companies in getting their quotes. This is the most efficient way to compare the coverage plans. Many companies do differ in the rates of policies and you have to decide on the one to which you are going to bind with. The two major factors that influence on the cost of insurance are the model and the type of vehicle, the driving records. It is general that insurance plan vary according to the type of vehicle and many are not aware that their driving history may also influence on the coverage plans. If your driving records are of the fair manner your insurance cost will be lower than the collision records.
Aware of fake insurance policy
Make sure you are taking up the legal car insurance policy. In a legal policy you will receive the documentation directly from the company within few days of purchasing your insurance. Check to the paperwork, is the wordings differ from the documentation, if so there may a chance you deal with the fake policy. Check the license number and scan the QR code as they are the final attribute in finding out the fake policies.