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| Car Insurance |
From Car Insurance Blog or Website on September 11, 2011 There is a law which states under the Road Traffic Act that it is a requirement to have third party road risk coverage.
In this day and age when we call our insurance company to seek insurance coverage for our vehicles, do we buy insurance or do we buy something else as well?
Modern auto insurance now includes a lot of additional coverage for initial legal requirements. We have comprehensive coverage. This is all at your own risk.
Approved Repair
Your car can be repaired whether you make a mistake or not, and you don't have to wait for a third party to pay you to start the job.
You can repair the car with the authorization of your insurance company. In this day and age, the work to be done on your car is done by authorized repair shops appointed by your insurance company.
The approved repair shop will agree terms and costs for parts and labor with the insurance company. Instead, the approved repairman becomes one of the insurance company's approved repair panels and is guaranteed work according to agreed terms.
If your car is a classic car or a car that requires a specialist dealer it is a good idea to check if they are on the panel or not there will be no problem if there is a claim to use them. If in doubt, ask a specialist classic car insurance broker, you may need a specialist policy.
Motor Law Expenses
Auto Insurance Blog considers this an important addition to modern auto insurance. This includes legal disputes in the event of a claim. There are limits to coverage and higher limits may be available for additional premiums.
Car rental
This coverage allows you with the authorization of the insurance company to rent a vehicle while your vehicle is being repaired.
It is significant to look at this cover to see if you are covered for a comparable vehicle or are limited in the types of vehicles you can rent.
Usually insurance companies use a panel of rental companies to provide vehicles.
Claims Helpline
This is typically a free or local rate phone number that can be called to the call center at the insurance company. They are trained to help you with your claim. Check to see if your insurance company provides this service free of charge.
It's always a good idea to check your auto insurance documents sent from the insurance company you laid out the insurance with to see exactly what you've paid for and whether you need this coverage. Also check the excess that the insurance company has applied to your policy in the event of a claim.
Excesses
The excess is the amount you have to pay for your claim. This can be anything from £50 to £1000. Also check other excesses that apply to you which may be penalized by age etc. If you think this limit is too high, talk to your insurance company to see if the excess can be reduced to a more affordable amount.
The problem is insurance companies may want more money. Insurance companies usually provide premium discounts for higher excess, so the higher the excess the lower the premium. When in doubt, talk to an auto insurance broker who can talk you through the cover and compare auto insurance on your behalf.
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