Car insurance is one of those things you just need. You don’t want to get into an accident and find out you’re responsible for paying for not only the damage to your own car, but also that of the other driver.
Because of this, every car insurance company out there will tell you they have the best coverage at the best rates. But not all can deliver on this promise, and many will try to deceive you, meaning you need to do your due diligence to determine which one is right for you.
But how do you know what’s best? Cheaper isn’t always better but paying for more coverage than you need is also a problem. To help you, here are a few things to keep in mind when choosing car insurance providers.
Determine the Coverage You Need
Not all insurance plans are the same. Some cover damage to your car, some to you as a driver, and some to the other car or driver in the accident.
Collision insurance, which protects you against damage to your car, is something we often think as 100 per cent necessary. But sometimes it’s not. For example, if you have an old car, then you may find it’s cheaper to not pay for collision, as the cost of any damage to it will likely exceed its value.
As a result, the first thing you’ll want to decide when choosing an insurance provider is what it is you need. This will allow you to more accurately compare prices and coverage and find the right plan for you.
Figure Out Your Deductible
The insurance industry is very lucrative, and there’s good reason for this. And one of them is the deductible. This is the amount you’ll be expected to pay before insurance kicks in. High deductibles usually mean lower monthly premiums, but they can render insurance almost entirely useless. For example, if you have a ₤1500 deductible, then this means you’ll need to pay ₤1500 before insurance gives you anything.
If you incur ₤5000 of damage, then this works. But it means that a ₤800 fender bender will be entirely your responsibility. And not many of us can incur this kind of expense when it happens, leaving us to wonder why we’re paying for insurance in the first place.
On the other hand, too low of a deductible could leave you paying exceptionally high premiums, meaning you end up paying more than you should over the course of your policy.
Some companies offer exciting discounts for better drivers. This makes sense, as good drivers represent less risk. When looking at providers, pay attention to those that offer competitive incentives for good drivers. For example, some will offer lower premiums if you go a certain period of time without an accident, giving you good reason to drive more safely, and rewarding you for being responsible.
Use Truly Impartial Comparisons
Because there are so many different car insurance providers, there are lots of tools out there to help you compare your options. But many of these review or comparison sites have hidden connections to certain companies, meaning their recommendations will be anything but unbiased, increasing the chances you get ripped off.
WeTrust car insurance, on the other hand, has no affiliation with any one company. Its only purpose is to provide you with the best recommendations, making it the best option for comparing car insurance providers and choose the one that’s right for you.
Stop waiting and start saving today. Explore the market and find the best provider for you now with WeTrust car insurance.