Home | auto | 7 Frequent Mistakes To Be Wary Of While Purchasing Auto Insurance

7 frequent mistakes to be wary of while purchasing auto insurance

7 frequent mistakes to be wary of while purchasing auto insurance

One of the biggest mistakes people make while purchasing a car is opting out of buying insurance. It’s not just because it is mandatory, but insurance also reduces one’s financial burden, especially in the event of a possible accident. Since buying cars involves hefty investments, finding the correct auto insurance and sidestepping frequent mistakes is crucial. Here’s a list of errors that can be avoided while purchasing auto insurance.

Not doing adequate research

With the auto insurance market witnessing stiff competition with so many insurance companies selling products with unique propositions, it may be difficult for a potential customer to single out the best possible one for them. You can avoid this dilemma by researching auto insurance properly. You may want to look at the websites of different insurance policies and review their insurance and CIN numbers. Check their social media pages and read customer reviews. Talk to friends and family members and get references for several insurance policies before you narrow down on one.

Buying auto insurance in haste

Like any other important product, one should never purchase auto insurance in a hurry. To avoid panic buying, you must study the different policies in the market and compare them. Never buy the first policy you see or even the one with the lowest price. It may mean fewer features and poorer coverage. You should not just compare the quotes but also services, coverage, claim settlement, and customer support.

Setting your coverage limit too low

The primary purpose of auto insurance is to provide financial support during an untoward event. The extent of coverage on your insurance helps you in protecting your vehicle against damages. However, every buyer has unique coverage requirements, which depend on factors like the price of your car, vehicle model and type, and how much you drive. You need to go in for optimal coverage based on these factors. Opting for minimal coverage may help you comply with the laws of the land but will not offer financial assistance if you accidentally damage someone else’s car.

Giving importance to lower deductibles

One of the most common mistakes that people commit is looking for auto insurance with the lowest deductibles. Deductibles are the amount the policy buyer gets before receiving the claim while the insurance company pays the coverage benefits. Opting for lower deductibles means having to pay a higher premium. To avoid this mistake and overspending, one should opt for higher deductibles that will help you receive the no-claim bonus.

Providing incomplete details to insurance provider

Some people provide incomplete information to reduce the amount of payable premium or receive more money while settling claims. Such details may pertain to your claim history, car modifications, any accidents that you may have gotten into, etc. It is important to be transparent while answering the questions put forth by the auto insurance company. Withholding information will put you in legal trouble and hamper your claim settlement.

Not exploring insurance policies online

People who are used to purchasing products offline may not be inclined to buy auto insurance online. This mistake often limits the choice of policies that you can explore. There are a host of advantages that comes with purchasing a policy online. You not only get a better choice but can also compare different policies easily and buy them anytime and anywhere, without any paperwork. If you find online buying daunting, you can get in touch with the insurer’s customer support team to help you out.

Not seeking discounts

In most scenarios, people are unaware that insurance policies on cars are often discounted, which results in money savings. A potential buyer will qualify for a discount when their vehicle is driven seasonally, the car has safety features such as lane assist and assisted parking, and their insurance premium gets withdrawn automatically. It is advised to buy your auto insurance from the same company that offers you insurance on your home and life.

While buying insurance for your car, it is essential to avoid these mistakes. To do that, keep asking questions until you understand the nuances of the policy.

Read Also

Know more about exciting & latest articles right here

12 surprising facts about COPD to know

12 surprising facts about COPD to know

Chronic Obstructive Pulmonary Disease, also known as COPD, is a well-recognized respiratory ailment that affects millions of lives worldwide. COPD, characterized by symptoms like chronic cough, shortness of breath, and reduced lung function, is a complex condition with multiple layers. While its core features are understood by many, an array of surprising and often overlooked facets surrounds this condition. This article delves into these lesser-known aspects of COPD to comprehensively understand the disease. Underdiagnosed and misdiagnosed cases One of the most surprising facts about COPD is the prevalence of underdiagnosed and misdiagnosed cases. According to the World Health Organization (WHO), more than 90% of COPD cases are estimated to remain undiagnosed. This is partly because early symptoms, such as coughing and shortness of breath, are often attributed to the natural aging process or other respiratory conditions. Additionally, many individuals with COPD do not seek attention until the disease has progressed significantly. Impact on mental health COPD not only affects physical health but also takes a toll on mental well-being. Surprisingly, individuals with COPD are more likely to experience anxiety and depression. The disease’s chronic nature and its impact on daily activities and social interactions may lead to isolation and sadness.
Read More
7 lesser-known signs of multiple myeloma

7 lesser-known signs of multiple myeloma

Multiple myeloma is a type of cancer that primarily affects the plasma cells found in the bone marrow. Plasma cells typically produce antibodies to help the body fight infections. However, in multiple myeloma, certain plasma cells become cancerous and start to multiply uncontrollably, crowding out healthy blood-forming cells in the bone marrow. These cancerous plasma cells can produce abnormal proteins, which can accumulate in the blood and urine, leading to various health problems. Here are the lesser-known signs of multiple myeloma: Recurrent infections Multiple myeloma weakens the immune system, making individuals more susceptible to infections. However, this sign is often overlooked or attributed to other causes. Recurring or persistent infections, such as respiratory infections, urinary tract infections, or skin infections, can be an early indication of an underlying immune system dysfunction caused by multiple myeloma. The connection between multiple myeloma and infections lies in the disease’s impact on plasma cells’ production of antibodies. As the cancerous plasma cells multiply in the bone marrow, they crowd out healthy cells responsible for producing antibodies, impairing the body’s ability to fight infections effectively. Recognizing the link between recurring infections and multiple myeloma can lead to earlier diagnosis and treatment, which may improve the patient’s overall prognosis.
Read More
9 tips for changing the oil and filter on Dodge vehicles

9 tips for changing the oil and filter on Dodge vehicles

Dodge is a famous automobile manufacturer with an excellent lineup of trucks and SUVs. While its vehicles are known for performance and durability, they must be maintained well. A fundamental aspect of car upkeep is changing the oil and filters regularly. Whether one owns a robust Dodge truck or a versatile SUV, understanding the nuances of oil and filter changes can help the automobile run smoothly and extend its lifespan. The function of oil and filters in a vehicle Engine oil is a lubricating fluid that circulates throughout the engine to reduce friction between moving parts, dissipate heat, and protect against wear and tear. The oil filter is responsible for removing impurities and contaminants from the engine oil. The filter is replaced during routine oil changes to maintain its filtration capabilities. Tips for changing oil and filters in vehicles Oil and filters play crucial roles in the vehicle’s engine, ensuring it operates efficiently and remains in good condition. If one follows these tips, it will not only ensure engine longevity but also contribute to better fuel efficiency and reduced emissions: Use the right tools and materials Before starting, it’s important to gather all the right tools. One will need an oil filter wrench to remove the old filter, a container to catch the old oil (like an oil drain pan), a set of sockets or wrenches, a funnel to pour in new oil, a new oil filter, and the right type and sufficient amount of oil.
Read More
25 signs and symptoms of pneumonia to know of

25 signs and symptoms of pneumonia to know of

Pneumonia is a common respiratory infection that can affect people of all ages, causing various symptoms that vary in severity. At the same time, many are familiar with the hallmark signs such as fever and cough, shortness of breath, chest pain, and numerous other indicators that can point to pneumonia. This comprehensive article thoroughly explores pneumonia’s signs and symptoms, helping individuals recognize the condition early and seek appropriate medical care. Fever Fever is one of the most prevalent symptoms of pneumonia. It typically presents with a high body temperature, often exceeding 100.4°F (38°C). Fever is the body’s natural response to infection and signifies that the immune system is actively fighting the pneumonia-causing pathogens. Cough A persistent cough is another hallmark symptom. It can produce different types of mucus, including yellow, green, or bloody. The cough may be accompanied by chest pain or discomfort ranging from mild to severe. Shortness of breath Many individuals with pneumonia experience shortness of breath, particularly when engaging in physical activities. This symptom occurs due to the inflammation and infection within the lungs, making it challenging for the respiratory system to function optimally. Chest pain Chest pain is often described as a sharp or stabbing sensation typically felt on the side of the affected lung.
Read More