Friday, April 2, 2010

Important Tips While Buying Auto-Insurance

Auto insurance is a major thing for an automobile. With the following simple steps, a best coverage insurance policy will be available at a lower price.

Step – 1
In starting phase of insurance buying, first figure out the amount of coverage you need. Make a list of different types of coverage and return to next step.

Step – 2
In next step, check the status of driving record, current converge and the current paying premium amount. Also check the number of tickets.

Step – 3
After the philosophical and practical decision start the auto insurance shopping process. Log into InsWeb.com or any other insurance quote sites and enter your information to get the list of comparative quotes.

Step – 4
In further process check, and compare the following facts:
  • Annual and monthly rates for coverage
  • Company’s payment policy
  • Discount offer on the insurance policy
  • Complain number ratio of insurance company
  • A.M best and standard and poor rating

Step – 5
After the collection of all data now it is a time to decide a company. Before signing, read the entire policy thoroughly. During the verification check two major clauses within the policy document.
  • Retain a right to take a legal action if any thing goes wrong
  • Avoid aftermarket parts requirements

Step – 6
In last and final phase, two more things should be done. First cancel the existing coverage if any and second keep the proof of insurance in car compartment.


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