Posts Tagged ‘Auto’
Having an antique or vintage car is something that can make you very proud. It can increase your pride among society. The high price of your antique car will also gives you a high social value. That’s why it is very important to protect your car with an insurance service. To choose the right insurance is same as to choose the right part for your antique or vintage car.
There are several things you have to understand before you decide which antique auto insurance you might buy. The most important one is to know all the terms and conditions about the insurance service you’ll buy. By knowing what service you might get, you can decide whether the insurance suitable for you or not. The other important thing to know is how to claim your insurance to an insurance company, in what conditions you can submit your claim and whether you have a limit to your claim or not. You also need to know your rights and obligations.
The next thing you have to notice is your insurance rate. You have to consider getting the best rate for your antique car. Contrary to common knowledge, choosing the highest rate will give you the opportunity to get the best insurance service. You don’t want a cheap rate for your highly precious car because your car deserves the best service and protection.
Article by Insurance Expert
An auto insurance specialist is not the same as a person who is selling life insurance. While the product is the same (insurance) there is a very different need for people who look for auto insurance.
Auto insurance is basically a term insurance. This means that there is no cash value for the insurance you buy and you have to renew every year with possible increase in the premium.
What makes auto insurance different from a normal term insurance is that it is possible to LOWER your premiums as years go by. This is the job of the auto insurance specialist as he has the industry knowledge and knows which insurance will bring in the best and most suitable rates for his clients.
Anyone who buys auto insurance will know that there are a few factors that determine the premium payable. In many cases, it is based on 3 main factors:
1) Type of vehicle insured
2) Driving experience
3) Accident records
The good news is that a good specialist will know how to advise his client in order to get a lowest premium.
For example, if the drive is new, it is advisable that the new driver get a cheaper or 2nd-hand car. This will reduce the premium of the insurance.
Similarly, if a person who has 5+ years of driving experience with zero accident records can get a really low premium, even if he get an expensive car. The reason is due to the proven track record of the driver.
In general, most insurance companies reward drivers with zero accident records and it can go as high as 30%-40% discount on the premium.
If you don’t know whether you have a good driving record, this is the job of the insurance specialist to check and give you the advice.