How To Find The Right Insurance Policy To Save You Money

Compare annual rates

Before you settle on a cover, take your time to compare prices with other insurers. This will help you ascertain that you are getting the best deal. Many insurance companies give guidelines on available services and stipulated prices. You can also use online insurance comparison tools before settling on a policy. 

Pick a trusted insurer

When picking out an insurance company, take time to conduct research and read user reviews so as to know more about the company. A top-rated insurance company will tend to have better services, fair rates and process claim issues faster.

Set a good deductible rate

To avoid paying more money from your own pocket in case of an accident, set a higher deductible. This will also help you save up to 40% especially if you have never caused an accident.

Regularly review your insurance cover

Life is unpredictable. Every day you are on the road is a gamble. Therefore, review your insurance cover regularly to confirm that you have sufficient liability coverage for both property damage and bodily harm. Having minimal coverage equates to minimal protection.

Update the company on reduced mileage

In case you are not using your car as frequently as you used to, alert your policy provider. You could have lost your job, changed jobs or are just working from home but telling your policy provider may help you bargain for a lower premium thus saving you some money.

Be watchful during car repair services

After an accident, be alert when your insurance company recommends a car repairs shop for you. Some mechanics may give you fake spare parts that are not durable or even a good fit for your car. This may lead to yet another accident that may cost you your life.

Pick the right car

One of the major determining factors for the price of auto insurance is car damage and cost of repairs. When shopping for a new car, research and compare data on collision by car models. The new car dealerships usually have a booklet on relative collision insurance rates. Pick a car that suffers the least damage in case of an accident. It may cost more but it is also safer to own and allows you to have a lower premium.

Be wary of scammers

In Kenya, especially Nairobi, con men are always out to rip you off. People can stage fake accidents that can result in insurance claims against you. To avoid being conned, avoid bad driving habits. Maintain good driving practices like maintaining a good distance between your car and the one in front of you. In case you are involved in an accident take clear pictures and alert the police instantly.