Five False Myths About Car Insurance
To facilitate the decision process of purchasing a policy which will be as economical as possible, the buyer of independent free online insurance leader in US reveals the most common misconceptions among the public about car insurance. These are:
1. The comprehensive insurance is always the best option
A fairly widespread among drivers is to keep the car insured against all risks during long periods of time. However, when the vehicle has a certain age, usually tends to be from the five years the comprehensive insurance begins to make less sense. If you have an accident if the car repair exceeds approximately 75% of its value, normally assume that insurance companies are not worth repairing the car and indemnify the insured for the amount corresponding to the value of the car in that time.
Given the sharp depreciation suffered by a car over time, there comes a time when it is not worth paying the high premiums of a blanket insurance policy in relation to possible compensation. Therefore, to achieve significant savings without losing an adequate level of protection, you should be adapting the level of insurance coverage as the years progress by introducing, for example, a franchise or going to a third party policy with specific coverage of moons, theft or fire.
2. The cars in bright colors like red or yellow, have higher premiums
This belief can be considered the “queen” of the urban legends about car insurance. The reasons invoked by those who wield is that insurers automatically associate these colors with youth and aggressive driving.
According to Mario Brüggemann, AsesorSeguros.com CEO, “is one of the most common questions among those interested in buying insurance. It is rather paradoxical because none of the insurers that we compare today sees color as one of the variables that decide the premium, while the technical characteristics of the car and driving history are indeed crucial to the final price.
3. The extras we add to the car are automatically included in the insurance
In recent years it has become fashionable, especially among younger people, add extra elements to the car: design lamps, tinted glass, powerful stereos, GPS … There are endless possibilities and combinations for the car owners make your vehicle unique.
Those who like to customize their cars tend to invest a considerable sum in this hobby. However, not always taken into account that most insurers require that these facilities do not come standard are expressly stated in the policy to be covered and depending on the value, plus increased insurance costs.
4. Give part of an accident is always a premium increase
Give an accident report can increase the price of annual renewal of the policy change it … or not at all. Even having been a party may, by recalculating the annual insurance fee, must be reduced. This is because depending on the number of parts as declared by the insured, the circumstances and severity of each incident, the level of subsidy may not be affected. What is clear is that a safe and responsible driving is the best guarantee to obtain cheaper insurance. In fact, there are some insurers that allow up to 3 parts per year without entailing a penalty in the premium.
5. Hiring all car insurance and the house with the same company will always be cheaper
Currently, there are a variety of insurance companies and many articles or aspects of our lives that require insurance. The easiest way, though not necessarily the best, is to hire all these services with one company. However, it is shown that each entity has its degree of specialization in a particular segment.
Thus, an insurer may have the most competitive price of insurance for a Ford Focus a driver under 30, but instead be much more expensive than other policy options for a BMW 3 Series a major driver 50 years or, for example, insurance for a home. The most effective way to save is to investigate and compare all the possibilities offered by the market.
An example of the many tools that make finding insurance is www.asesorseguros.com where, in just 3 minutes and at no cost, you can compare prices of over 15 insurers and achieve savings in car insurance up to 500 per year.
