The price of the car insurance policy is the most important and largest role in the customer’s purchase of the policy, and this is the case for most of us. However, is it a sound decision to expose yourself and your family to sudden and unexpected road dangers, with less protection and a useless document? Fortunately, it’s easy to strike a balance between affordability and adequate protection at the same time. Remember well that the insurance company agent is a valuable source of information for you. Therefore, ask your insurance agent the following five questions when purchasing a car insurance policy.
1 – Does the insurance policy guarantee appropriate coverage?
Car insurance is mandatory, and there are two main types of compulsory insurance, which are third-party insurance and comprehensive insurance. In fact, most of us prefer to buy comprehensive insurance because of its many features and the better protection it provides. However some of us are forced to choose third-party insurance because of its lower premiums.
In all cases, ask the insurance agent to explain to you the advantages and disadvantages of both comprehensive insurance and third-party insurance. If you wish to purchase a third-party insurance policy, ask him about the possibility of adding any benefits to the policy. Or if they have a basic comprehensive insurance policy that offers basic protection for you, and the third party, at a cheaper price.
Also make sure it explains to you: What suits your individual needs based on your experience and driving record? What are the necessary accessories that can be added to a comprehensive insurance policy?
You must be fully aware of the protection and coverage you will receive from the insurance company when submitting a claim, and how the premium price will affect the compensation you will receive. How can you avoid any possibility of the claim being rejected by the insurance company when an accident occurs?
2 – What discounts are available?
In general, determining the price of a car insurance policy depends on the coverage and deductible you choose. The cost also depends largely on how “dangerous” you are as a driver. In other words, to what extent is it possible to claim compensation if you commit a car accident in the future? That’s why many factors come into account: age, gender, driving record, years of experience, claims history, and even the garage location of the vehicle you’re insuring.
All of these factors will determine the premiums you will pay. Insurance companies usually offer the following discounts: seasonal discounts, no-claim discounts, loyalty discounts for loyal customers, and insurance package discounts. It is worth noting that you can get a no-claims discount even if you replace the insurance company. The insurance package discounts include obtaining several insurance policies from the same company. For example, several car insurance policies, or obtaining health and car insurance from the same provider.
The Insurance Authority also authorized granting discounts of up to 50% on the minimum to vehicle insurance owners for people who belong to the following categories:
* Workers in the medical sector
* Military and police personnel
* Civil defense personnel
* People of determination
* Elderly people over 60 years old
* Individuals with an accident-free record
3 – What are the compensations received in the event of an car accident?
It is a common and misconception that the insured will receive immediate coverage when an accident occurs. Such as repairing the car, obtaining a replacement car, replacement car fees, or towing the car. In fact, you don’t get any of these benefits without the right coverage or insurance.
Third party insurance covers physical damage to others inside and outside the vehicle. In addition to the material damage to others. But if you want coverage that also includes damage to you and your vehicle, or damage resulting from fire, theft, flood, or storms, then you need comprehensive insurance.
Ask your insurance agent if certain coverage options, such as roadside assistance and a replacement vehicle, are right for you.
You should also ask him about any suitable coverage. It may help pay for damages and medical expenses, if you are involved in an accident caused by a driver who does not have insurance, or adequate insurance coverage.
4 – What costs will I pay if a collision occurs?
The amount you will pay from your own wallet when an accident occurs depends on the coverage and deductibility rate, in addition to the circumstances of the collision.
If the other driver is the one who caused the accident, the responsibility for covering expenses and damages falls on him and his insurance company. But, what if the other driver doesn’t have insurance? Or is his insurance not covering it well? You will be left with your bill alone. Therefore, you should ask your insurance representative what they can do to ensure that your policy will protect you in a situation like this.
If a collision occurs as a result of your fault, the insurance company will cover repairs and medical and legal expenses according to the terms of the insurance policy, once you pay the deductible, also known as the deductible.
5 – What coverage does the policy provide in the event of injury or death?
It is a top priority when a collision occurs to protect drivers, passengers and pedestrians. When any person dies or is injured as a result of the accident, with the exception of the vehicle driver who caused the accident, the insurance company is obligated to pay an amount for one death, while disability is attributed and calculated according to the previous amount.
Insurance companies are also obligated to pay an amount of to the ambulance service provider and medical transportation to hospitals, for each injured person who suffers physical injury or death.
If you wish to purchase a comprehensive insurance policy, you can ask the insurance representative to help you determine the appropriate coverage and additional protection, such as:
* Personal injury coverage
* Covering medical expenses
* Total deficit expenses
* Business loss covera
