Insurance

Tips for finding cheap insurance for the car

car protection

 

  • Comparing auto insurance is the smartest way to economize.
  • In addition there are some practices that are helpful to save on the insurance premium.

Caring for the family’s economy is one of the main concerns of the Mexican. Sometimes, we think that finding an auto insurance adjusted to the budget is not an easy task. However, there are some measures that can help you save money on the car policy, such as setting the priorities of the family unit, comparing coverage and prices with different companies, and above all, contracting the coverage you really need.

Get an affordable insurance

It is thought that car insurance is expensive, so drivers are reluctant to buy them. But having an insurance that protects the car, can avoid severe hardships when facing a difficulty, such as damage to the car by flood or natural disaster, theft, accident or outrage. Finding cheap coverage that offers complete protection is now possible. Therefore, we present some measures that could be useful when looking for an economic auto insurance.

  1. Establish the needs of the driver and the car.
  2. Check the listings about insurance companies to have a broader picture of the quality of the services they offer and not just of their products. It is also advisable to rely on reports about the insurance institutions that publish the Condusef and the AMIS.
  3. You always have to research what companies offer and make a comparison of coverages and prices. This will allow knowing the market and the advantages that each insurer has.
  4. Rastreator is the web search engine that helps you make the comparison in a simple and free way. In one place you can find the prices and coverages offered by insurers, so the search process of your car policy is easier and faster.
  5. Sometimes the most basic option can be the most expensive in case of an accident. For example, if the car travels in a chaotic city such as Mexico City or if the car is parked on the street, the Civil Liability coverage will not adequately cover the car and its occupants. For this reason, it is important to take into account that the insurance chosen must protect optimally and contract what is really needed.
  6. The online comparison instrument has strategic alliances with the leading insurance institutions in the market. For this reason, sometimes contracting auto insurance through comparison can offer you the best prices.
  7. In order to reduce the payment of the total premium, a high deductible can be declared in the policy contract. However, this is convenient for cautious drivers; since in case of accident, the sum to pay for the material damages can be substantial for the driver responsible for the accident.
  8. Payment in a single exhibition, can benefit the sum of the premium. Since, sometimes insurance companies charge commissions for fractional payment.

However, we must consider that there are other factors that can influence the price of insurance. For example, cars just out of the agency tend to have a lower premium than older cars. There are also car brands that are more expensive to insure than others, because they are perhaps considered luxury range brands. Another factor that can influence is if the model of the car is all equipped, then the insurer will take into account the price of the car’s equipment to calculate the premium, among other examples.

 

Author Since: Aug 16, 2018