Hiring car insurance requires attention to avoid headache in the future. Among the common mistakes made at the time of hiring are omitting information from the insurer, not comparing the insurance options offered by the market and not paying attention to what is covered by the insurance. Look at these and other common mistakes when hiring car insurance and how to avoid them:
Omit insurer information
In order to avoid financial losses in the future, always providing the correct date to your insurer is essential. Do not make the mistake of omitting, lying or fraudulent information in the quote, let alone when filling the contract. Always provide the correct personal data, as well as true information about the vehicle, without leaving anything out. This is a guarantee that you will have access to all the rights of the service in case you need to receive any compensation or trigger the insurance company. There are a few cases of people who have had problems in resorting to insurance because they lied or omitted some important information just to pay a little cheaper.
Do not compare insurance options offered by the market
Hiring insurance at the first insurer you surveyed is an error that can cause financial losses and even problems at the time of the claim coverage. Always researching the options offered by the market ensures that you are not paying much for the service and yet you are hiring a reliable company. Do a search on the Internet and talk to insurer clients before closing deals to make sure that is the best option for you.
Do not confirm the value of the franchise
Franchise is the amount you have to pay the insurance company in case you need to trigger insurance to repair the car on account of crashes and the like. Therefore, before hiring the service, it is important to know what the amount charged by the franchise is and ask for that information to be clearly stated in the insurance proposal. To get an idea, there are popular cars with deductibles that reach R $ 1, 7 thousand while the insurance value is R $ 1 thousand.
Do not advise if the coverage is provided by insurance is the one you need
Comparing prices is essential, but it is also important to carefully evaluate what type of insurance coverage offers. Do you really need a spare car if your car is a problem? Despite the convenience, this is the type of service that impacts the amount you will pay and may not be important. Therefore, evaluate the coverage offered and customize according to your possibilities and needs.
Do not evaluate what is not covered by insurance
It is important to also analyze what your insurance does not cover, which is usually described in the “Exclusion” item. If you consider it important to have access to some items that are not covered, it is important to negotiate with the broker.
Do not research the discounts you can get
Many people spend more than they should on insurance because they do not research the discounts they can get. Those who have a good driving record, for example, usually get bonuses from the insurer. Having safety equipment installed in the vehicle also helps to reduce the value of the insurance.