Tuesday 26 May 2009

Is Auto Insurance Waste of Money?

Why waste money?

Auto insurance is compulsory in most of the countries. Mostly people buy an insurance, which an agent suggests to them. They do not bother whether it is good for him or just costing them a lot. An insurance, which have high premium costs, can provide you all benefits that you may never have needed. Therefore, you are paying a lot of money to agent as waste. A proper knowledge of auto insurance can save this money. You just need to know what you need and how this whole insurance thing work.

There was time when people think as an extra and non-beneficial expenditure. However, now things have changed. Now everyone knows benefits of auto insurance. People purchase insurance as soon as they buy vehicle. No one wants to waste his investment that he has made on buying vehicle for some amount of insurance premium. But it does not mean that we should pay the insurance amount without checking what is in its. We can save about some hundreds to thousands of rupees in auto insurance.


Benefits

Vehicle repair cost is very high if damage to vehicle is high if accident occurs. Vehicle parts costs very high. If you do not have auto insurance for your vehicle then you get in big trouble. You have to pay all amount form your pocket. If got seriously damaged then it will become just crap and all investment may go in waste. So auto insurance can save you ass form the big expenditures. You need not to pay large amount of sum. Insurance company will pay all or large fraction of repair cost on vehicle.

Finding right insurance company

Auto insurance market has grown very large. Many companies are providing auto insurance. Competition between these companies is also high. Therefore, prices of insurance have slashed in last few years. So, you just need to find the right insurance company that can provide you insurance in low price and provide some extra benefit to you.

Internet insurance quotes

Simplest way to find an insurance quote is throw agent. But it becomes difficult to consult every agent in your town. Internet auto insurance quotes have made your task easy. From several past years, auto insurance companies provide this facility. You can go over internet and see their insurance plans. Some of companies may provide customer care support to help us in deciding which type of insurance plan we need and which will be suitable for us.

by Alien

1 comment:

Tee Chess said...

Yes its a pure waste of money. I have purchased a car last year and nothing has happened to it. The little amount of damage that has caused costs me very less if I will compare that cost to purchasing a policy.
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