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Automobile Insurance for those who own Left hand drive, American or Modified Cars
Automobile Insurance refers to a contract or a ‘policy’, as it is often called, under which an insurer provides financial protection against losses for a person, business or an organization in exchange for a regular payment of an amount, called ‘premium’. ...
Cheap Motorcycle Insurance Quotes
Owning a motorcycle is like becoming VIP at a secret club. You have your own special rules and privileges as well as the genuine mystique, interest, and envy of the ordinary motorist. Couple this with the fact that most motorcycle owners can park...
How To Lower Automobile Insurance Costs
It seems these days that it costs more and more to keep your car. With most new cars in the $22,000 + range, the monthly payments can be high. The cost of gas is now over $3.00 a gallon for regular and we're in a time where a lot of people drive...
Car insurance
Driving without car insurance is illegal in most parts of the world! Car insurance is one of the most important types of insurance that you can get. If you are going to drive anywhere, then you are most likely required by law to have at least a...
Automobile Insurance Quotes
Insurance refers to a contract or a ‘policy’, as it is often called, under which an insurer provides financial protection against losses for a person, business or an organization in exchange for a regular payment of an amount, called ‘premium’. ...
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Insurance - Tips and Hints
There are several ways to reduce your Insurance Premiums, and by
implementing these methods you can save yourself thousands a
year.
Excess
Most claims are subject to an excess which is stipulated in your
policy. If you opt for a higher excess, your monthly premiums
will be less. In an average policy the excess is usually between
750.00 and 1000.00 If you make your excess 2000.00, you will
also protect your no-claim bonus, by not claiming for small
amounts during the year, which will result in your premiums
being lowered the following year.
Market Value
The replacement value of goods, increases all the time. The only
exception is Motor Vehicles. Make sure you car is only insured
at the market value. A car you bought 5 years ago will not have
the same market value today. So check with your broker or
insurance company that you are only paying for the market value
and that it is reduced on an annual basis.
Specified Items
Most Insurance Companies require you to Insure
specific items in
your policy. i.e. - Jewellery, Glasses, Cell phones etc. Make
sure that if you no longer own these items, that you have them
removed from your policy. There's no point paying cover for
something you don't own anymore.
Security
By installing the following security measures, your are reducing
the risk of loss, and will result in reducing your monthly
premiums.
Household Burglar bars Alarm System and Armed Response Security
Gates Motor Vehicle Alarm, Immobilizer or Gear Lock Satellite
Tracking System
No-Claim Bonus
Your monthly premiums are directly related to your number of
claims you submit. The less claims you submit, the lower the
premiums. Most insurance companies offer a discount on household
and car insurance if no claims have been submitted.
Policyholders can earn such a bonus on the basis of a claim-free
history.
About the author:
Written by Dale Maxwell -
http://www.insurance-south-africa.co.za
-http://www.dialdirect-quote.co.za
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