The world is undergoing a digital revolution powered by the convenient combination of affordable smartphones and internet availability. This change has impacted most industries in a positive way, the insurance industry just serving as an example. For this reason, buying and renewing car insurance is no longer a hassle.
Now more than ever, you can compare car insurance quotes online before settling on the ideal policy for your needs. But there are certain red flags you should be aware of to make the most of your car insurance purchasing experience. This simple guide is about understanding the common mistakes to avoid while buying or renewing auto insurance.
Skimping on Basic Research
Shopping for an insurance policy is no different from shopping for any other product or service. You need some kind of basic research to help ensure your purchase decision is well-informed. A good starting point with car insurance is verifying if the prospective insurer is a certified entity.
You can do this by browsing the website and looking for the Insurance Regulatory and Development Authority registration number and CIN number. It is also ideal that you check the insurer’s social media profiles for authenticity before signing on the dotted line.
Evading Anti-Theft Devices
No one expects their car to be stolen. But things can go wrong without any warning signs. If you have installed an anti-theft device in your car, it is obvious that you’ll be making the thief’s job all the more difficult and increase the chances of not losing your car to theft. Installing an anti-theft device in your car also helps lower insurance premiums. Ensure you let your insurer known about the installed devices while requesting for a quote.
Shopping for car insurance is a decision full of ups and downs. That’s why it is common to hear horror stories regarding the purchase. To prevent this from happening, always ensure you learn more about the common mistakes drivers make while buying or renewing their auto insurance coverage to avoid suffering the same fate, yet you could have avoided it.
