Points You Must Note Before You Get a Car Insurance

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POINTS YOU MUST KNOW WHILE GETTING A CAR INSURANCE
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Why do you need a car insurance?

• Car insurance is mandatory for every car plying
  on the road.
• Eliminates the chances of any legal
  responsibility arising out of a mishap.
• This is because a package policy covers
  third-party liabilities

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Think smart while choosing your insurance plan

• Has a direct impact on your monthly budget.
• Understand the facilities and coverage expected
  from a car insurance policy.
• Weigh your coverage options.
• Explore the options available in your budget.
• Compare the various policies online.

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Check your insurers market repute

• Prepare a list of all companies offering
  insurance policies that fit within your budget.
• Research on companys financial status, claim
  settlement ratio etc.
• Shortlist one or more insurers depending on your
  analysis.
• It is essential to know about an insurers claim
  settlement ratio in order to claim it in future.

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Dont ignore a better option for a cheap one

• Try to strike a perfect balance between your
  insurance needs and coverage offered by the
  insurance policy.
• Avoid looking out for cheaper options while
  neglecting the ones offering comprehensive
  coverage.
• This might result in the customer paying more out
  of his pocket for being underinsured.

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Dont ignore the deductibles

• Higher the deductibles in your insurance policy,
  lesser the premium you pay.
• You need to pay a higher premium if you decide to
  buy a car insurance policy with lower
  deductibles.
• It is advisable to not choose an insurance policy
  with higher deductibles just to save on the
  premium.

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Enquire about the companys customer service and
support

• Companies make tall claims and brag about their
  services and support before you make the
  purchase.
• But customers won't have any idea regarding
  whether the claims are legitimate or not.
• Always make an enquiry about it from few
  customers of the company and read reviews on
  social forums.

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Thank You