Accident Management Company
A Guide To Car and Motor Insurance
Car insurance is not unlike anything else you buy as there is usually plenty to choose from and everyone wants a bargain so how do we go about getting car insurance which is both cheap and good coverage?
If you have car insurance already make a point of getting quotes every year before you renew because you’re bound to find a better deal from another insurance company. Now whether you’re getting insurance for the first time or looking to renew the best place to find what your looking for is by going on the internet. You can usually fill out an online quote pretty quickly, giving you the chance to get several quotes in a short space of time. Make sure you do this because you will be surprised at how varied the quotes are.
You don’t have to wait till your policy ends either before venturing out to find a better deal because transferring an insurance policy is easy.
In the U.K you have several types of car insurance which can include extras like medical coverage. You also have the option of having an accident management company take care of all the issues that happen after a car accident has taken place. These extras just mentioned are just that as the three main policies you have to choose from are third party, third party fire and theft and fully comprehensive.
Third party being the most basic coverage will cover you against any damage caused to the other party’s car. Third party fire and theft is the same as third party except you get the additional cover against fire and theft as well. Both these policies don’t cover you for any damage done to your own vehicle which is the main drawback.
The last but by no means least policy is fully comprehensive which covers you for all of the above and also covers any damages done to your own car. You can also opt to have yourself insured to drive any vehicle as well but of course this costs extra.
Now for the most part you will want an insurance policy which gives you the most coverage for the least amount of money but
unfortunately there are factors which have a baring on what size quote you will get offered.
Where you live will influence the price as insurance companies have high risk areas mapped out and if you’re unfortunate to be in one then expect to pay more. If it’s on the street instead of in a garage again this will affect your quote. If your car is a sports car or high priced vehicle the premiums will go up and this applies to standard cars which have been modified. If you use the car for business rather than pleasure this will also have a baring.
Factors which help to reduce car insurance quotes are added security as in an alarm or imobilizer. If you’re willing to have a higher excess this helps to bring prices down as well. Having a clean license and even a no claims bonus will certainly improve your chances for better prices.
If you do a good job in getting quotes you should have little trouble in finding a price and policy which suits but it is important to get at least three or four quotes before deciding and you will be surprised at times just how different they can be.
Depending on the price you may decide to get the optional extras such as medical insurance but make sure you read the fine print before signing so you know you are getting value for money. The accident management insurance from an accident management company is actually free to take out at many places because they just charge the other party’s insurer so this is definetely worth looking at especially if you get a high excess policy because accident management insurance stops you from having to pay any excess in the first place.
At the end of the day you have to choose the right coverage for you that takes into account your budget and what you feel comfortable with having. There’s no point in skimping on the added cover if it is going to leave you worrying about the decision you’ve made but with the right preperation and forethought there is no reason why you shouldn’t end up with a good insurance plan that covers you for everything you need and at an affordable price.