It is mandatory to have our vehicle insured, be it a car, a motorcycle, a truck or a van. And when it comes to choosing the policy to drive, most people strive to get the cheapest insurance for their vehicle. But, is the price the only priority that we must take into account when looking for the policy of our car?
Price continues to be one of the factors that weighs the most in choosing a policy. However, there are other factors that are just as important when hiring Car Insurance or Motorcycle Insurance . And even more so if we are looking for a Truck Insurance that we are going to use in our work.
By signing the insurance contract, what we do is guarantee ourselves some protection that will be very useful in certain circumstances, when we face an accident or a breakdown in the vehicle. It is important to take this into account when comparing Insurance , to know how to choose the policy with common sense.
Auto Insurance with the coverage you need
Regardless of whether you have a truck, a motorcycle or a passenger car, it is essential that your policy has adequate coverage for the use that your vehicle will have. Of course, you have to hire the cheapest insurance for your vehicle , but the goal is to find the price that is as close as possible to the coverage we need.
You don’t have to renounce guarantees that can get you out of a tight spot in the event of a claim. Finding a car insurance with the best coverage at the cheapest price is the challenge we must pursue. For that, there are tools such as our online insurance comparator , through which we compare the best policy offers for cars, trucks or motorcycles, until we get the cheapest insurance for our clients.
Your policy can cost less without losing guarantees
Competition in the insurance sector can help us get better prices for our policy. However, it is important to bear in mind that the cost of the insurance premium may vary depending on the profile of the driver who wants to take out that car or motorcycle policy.
This is one of the factors that influence how much it costs us to insure a vehicle , but there are more elements that can lower the price of the premium and today we give you some recommendations that will help you get the policy you need for your vehicle, at a cheaper price and without giving up coverage that may be necessary in the event of a claim.
Tricks to make your insurance cheaper without losing guarantees
As the driver and owner of our vehicle, we can do several things to lower our policy. Good driving practice and showing caution are qualities that insurers often reward. These are some tricks that help your insurance cost less.
A safe driver has better insurance
One of the things that depends on the driver to get a Car Insurance at a cheaper price is to maintain responsible driving and a history of accidents without accident reports .
Insurers love that their clients don’t have accidents for which they are responsible. These policyholders are considered good drivers and companies tend to reward this low accident rate with a reduction in the annual renewal of the insurance .
If we still decide to change the Car Insurance , it is important to check if the new insurer will respect the bonuses accumulated with the previous Insurance policy.
On the other hand, if the driver has too many parts in which he appears as responsible, the policy premium will increase due to the risk involved in insuring this driver. In fact, if it is a very serious situation, it is possible that the insurer will refuse to renew the Insurance .
If you keep the points of the card, the Insurance will be cheaper
Automobile Insurance is also cheaper for those people who do not accumulate traffic fines and keep their points of the license . This is one of the things that insurers take into account when offering discounts and offers to potential customers. Being respectful of traffic regulations prevents many accidents, and insurers know that.
Insurers reward careful drivers
The good condition of the vehicle, reflected in the history of breakdowns , and the circumstance of keeping the car stored in a garage are two other elements that can help to obtain a cheaper insurance.
On the other hand, insurers can also make their coverage more accessible to drivers who choose to pay the annual policy fee in a single payment. Many of them apply surcharges on the installment payments that make the policy more expensive. In any case, it is convenient to know what surcharge the insurer is going to apply to us when opting for deferred payment, to decide whether to pay the Insurance in one or more installments.
Hire the appropriate coverage for your policy
When hiring Car Insurance or Truck Insurance , it is important to take into account the use that we are going to give it. It is not the same to take out a policy for someone who drives sporadically than to insure a vehicle that is intended to be a work tool.
In this sense, it is essential to take into account the characteristics of the vehicle and the needs that we have to cover with our policy. In this way, we can choose between the different types of Insurance and compare offers until we find the one that best suits our needs.
The choice of coverages is a key step in hiring the policy. It is convenient to subscribe those that we really need, neither more nor less. There are additional guarantees that increase the price of the premium and that are not always necessary, such as the Own Damage guarantee on older cars or the replacement vehicle service, if not necessary.
Another risk of not choosing coverage well is falling short of guarantees. Saving a little money on the price of the policy by leaving coverage that is necessary along the way is not a good idea.
Save with franchise insurance
One of the ways to save money on the insurance price is the excess . With the franchise we can access coverage by sharing the risks of a claim with the insurer. In this way, the price of the premium is substantially reduced, but in the event of a claim we will have to assume part of the costs derived from that accident or breakdown.
The franchise is normally used for contracting Comprehensive Insurance or Truck Insurance , in which the insured risk is high. Thanks to this modality, the price of the policy is considerably reduced, although this implies that the driver who bears the first part of the costs of the claim up to the amount of the contracted franchise. The insurer will take care of the rest of the expenses that exceed this limit
It is important to take into account how the franchises work : the higher the franchise price, the greater the responsibility for the driver and the greater the reduction in the insurance premium. However, we do have many accidents in the same year, the franchise can be much more expensive, since that limit is established in each incident that occurs.