Auto insurance policies tips and tricks

28 Jul, 2010 Insurance Auto

If you have a car, there is always a risk to get involved in traffic accident or your car to be stolen. If you want to protect yourself, from those risks, the best thing that you should do is to buy car insurance policy (on Danish the term is Bilforsikrin). However, there are a lot of things that you should know if you want to pay less money for your car insurance policy.

The first thing that you should know is that your credit score affects the price of your insurance policy. Therefore, before you go to the insurance company and buy one take a look at your credit report and see if there is any way to repair it.
See if your health insurance policy, if you have one, covers medical bills due to traffic accident. If this is true, you can cut the personal injury protection from your car insurance policy.
If you happen to have an accident and you do not have a spare car, make sure that your car insurance policy covers all the expenses that you will have to pay for rental one.
If you had proven to be good driver there are a lot of discounts that you can claim for. By good driver, I mean that you have good riving history and lack of traffic accidents. Furthermore, in some insurance companies you can get a discount if your car have more safety features and also if you pay for the car insurance policy annually. This is probably the easiest way to obtain cheap car insurance (billig bilforsikring)
If you get involved in traffic accident, make sure that you will call your insurance agent as soon as possible, because in most of the insurance companies you have only 48 hours to make the claim.
It is very important to provide all the documentation that is required by the insurance company in case of an accident. That way, you can be sure that the compensation you will receive will cover all your expenses.
When you make a claim for your car insurance policy, you should make everything possible to speed up the process. The best things that you can do are to see what the estimates are and also to regularly check the status of your claim in the insurance company.
Finally, it is very important to know for what parts the insurance company will pay for. In some insurance companies, you will not be paid to replace the damaged parts of your car with original ones, because in some companies you will get paid only for generic parts.

The Insurance News