Who does not have a car these days? Every one old and young has their own vehicle. It’s just not possible to manage without it. Having a car, old or new can be thrilling and most people know of the rules about auto insurance so they walk in and walk out with a new policy and then leave it in a corner someplace. Trouble arises when they actually need to use it. There will be a million clauses and you find that you probably are not covered at the end of it despite shelling out a fair sum every month. What can you do to avoid this?
When it comes to getting an insurance quote for your car, you just want the easiest way out. You may have opted for an online insurance policy and not given it a second look after that. You need to make sure you know what sort of a policy you have and what sort of coverage is there for your car and you. You can take steps to ensure that the coverage you have will be useful when you need it and that you are not paying money without considering what you are getting. The first step to understanding your policy is to begin by reading it. Sure it’s not some simple easy to understand language that you will find there, but you must read it in order to know what is in it. You will at least have some idea of what it says. If you do not have what you asked for and have been paying for on it, you cannot file a complaint once it is too late and the insurance claim is filed.
When you have signed up for a policy with a company, online or offline, you need to figure out what you are getting. Talk to the insurance agent, question them about every single doubt you have. They are paid to answer you and tell you what it is all about and it is your right to know what you are paying for. If you are still doubtful, take a copy to your legal advisor or to an insurance lawyer and go through it and make sure you are getting your money’s worth. There will be numerous clauses but it is not necessary to throw it away saying it is too difficult. It is a matter of security and liabilities. Check what you have with you always!
When you are applying for an insurance policy whether it is an instant one or a regular one, there is often a time frame for which you can look through it and cancel it or get a refund. Clarify with the company about how much of a time frame you have for a refund should you want it and how much of your money will be returned to you on cancellation. Maintain a record of all the receipts and communication between you and the insurance company. Make sure that you have written copies of all discussions and communication, it will be useful in case there is some issue or conflict later on. It will also be useful when you wish to make a claim later on. Talk to others who have taken out a policy and get an idea of what you are opting for.
