Instead of going to my insurance agent's or broker's office in person, I want to apply for and potentially purchase automobile insurance online by using the EZBuy web site. I have made this decision to apply for and potentially purchase insurance using the EZBuy website at my sole discretion and I have not been influenced by the agent or broker or its representatives in making this choice. In order to apply for insurance on line, instead of reviewing printed disclosures, applications, agreements and signing my name to pieces of paper, I will be reading those disclosures, applications and agreements on the EZBuy website and clicking on buttons that say "Accept" or "I Agree." Every time I click on a button that says "Accept" or "I Agree," I intend that click to be my "electronic signature" and to have the same effect as if I had actually handwritten my signature on a piece of paper. I understand that in order to initiate future changes to my policy I may be required to submit a written request with my actual signature.
It is necessary to compare the auto insurance policies as it can save a substantial amount of money and give you better coverage options. However, comparing the policies manually can be a daunting task. Policy Bazaar makes it fairly easy for you. When you compare quotes here you can save up to 55% on auto insurance premiums along with getting add-ons like riders and benefits on your plan. Make an informed purchase. Compare online and know your auto insurance plan properly before buying.
Unless your plan includes some form of accident forgiveness, filing claims of any size will cause your premium to go up. For small repairs, the price to fix it may be less than the increase in your premium — a chipped windshield, for example, can often be repaired for under $100, while a subsequent increase of just 10% on your premium could run you well over that amount in annual insurance costs. Since repairs are a one-time expense, it may save you money over time to sweat the small stuff yourself.
Legally, anyone driving a vehicle should hold a valid driving license for that category. As the owner, it’s your responsibility to ensure that those with a valid driving license are driving your vehicle. Also ensure that no one (including you) drives the vehicle under the influence of alcohol or drugs. If the driver is intoxicated at the time of an accident then insurance company is not liable to compensate the policyholder.
As you fit the CNG / LPG kit, it is necessary to inform both the Road Transport Authority (RTA) where the vehicle is registered and your Insurance Company. The RTA will make a note of the change in the Registration Certificate (RC), and the Insurance Company will inform you about the payment of extra premium for the value of the kit to be covered under the “OD” and “TP” sections. The fitting of the CNG should be endorsed in the RC barring, which an insurance claim would be considered as void.
Car insurance will prove a benefit if you ever experience a wreck, vehicle theft or other unpreventable problem on the road. The policy can help pay for such concerns as your own vehicle damage, injuries and related costs. Coverage can also pay for the damage you cause others if you are deemed at-fault in a wreck. With your policy, you can reduce your chances of significant financial losses after an unfortunate accident.
Depreciation in car insurance refers to loss of value due to wear and tear of the vehicle. The rate of depreciation is significant from the time you buy the car insurance policy. It is applicable to each car part except glass. The rate of depreciation is 50% for rubber, plastic parts, tyres and tubes, batteries and air bags; while a 30% for all fibre components.
Yes, companies offer discounts when you buy car policy. Every insurance provider gives some discount against the Own Damage component of your car policy. This discount varies from insurer to insurer for your car. Compare car insurance quotes to find out which policy gives you the most discount for your car. At Coverfox, we have negotiated up to 60% discounts with the insurance companies!