Insurance for your car is very much available, but where is the real “Bargain” deal? Even when you have chosen your company, here are a few DOs and DON’Ts that might save you more bucks!
Do discuss with someone with a similar car or who has got the same profile as your, like profession, driving history, etc. Many of the lessons are learnt by mistakes. Why don’t you exploit their experiences?
Do talk about deals with the agents. “Bargain is not the gentleman’s way”, wash out this idea. The agent might look embarrassed, don’t hesitate. It’s his way of dealing, you follow your way. The agent is not a newbie to bargains. And have the faith, that they really can lower your quotes or negotiate, despite “stiff” fixed rates their company offers.
Do mention about mileage. If you are going to have a limited mileage for the car, why not get advantage of the 'limited mileage policy' they might have. It’s a certain way of getting a lower quote.
Do tell them if you keep the car mostly in garage. A car off road is of course a zero risk car.
Do tell them if you drive another car too. Driving another car could add something to your credentials.
Do pay your bills in time. A delay wouldn’t get you much except for penalising on some occasion.
Don’t forget to list all the drivers who would be driving the car. It may pose to be a money-saving tweak not to list your spouse or kid as the potential driver. But this has got a very bad point. Your kid is hurt in his driver’s career being unlisted for a long time.
Don’t give any wrong information. Even over initial phone-calls. Insurance companies are smarter than you think and often they record all the calls to cover their side in case of litigation.
Don’t hide any modifications made to your car or any other updates on info you provided (including if your kid starts driving the car halfway while your insurance is already enforced).
Don’t loose vital documents like the original bill of sale (with mileage written on it), etc. Papers really matter!
Enough with lectures? Yes, there could be thousands. But above all, use your head! Not every bit of suggestion would fit every case. So, take a breath and good Insurance!!