Choosing car insurance when you’ve never done it before can be a daunting task. There are so many providers out there and a myriad of options available. Choosing the wrong type of insurance can be devastating especially if you get into an accident.
A car is a huge investment and making sure you have the right insurance ensures your investment is protected and any damage you do to other people and their property is also covered. Deciding which insurance to get will come down to what level of protection you want or need.
To begin the selection process for insurance, you first need to understand the types of insurance available. The first type of insurance is third party insurance. This is the most basic type of cover available and will cover you for any damage you cause to other cars or property. It does not cover any damage you do to your own car. People that pick this cover are people that have a vehicle that does is low in value meaning that if it gets into a bit of an accident then they will not bother fixing it as long as the car is still driveable. If it get’s into a bigger accident and becomes undriveable then you are likely to just sell it for scraps or dispose of it rather than pay to fix it.
If you value your vehicle and it is expensive to replace then you should consider comprehensive insurance. Comprehensive insurance will cover any damage done to your car as well as any damage done to other cars and property.
If you are at fault, you will be responsible for paying a excess when you are making the claim. The excess will be anywhere from a couple of hundred dollars to thousands of dollars depending on what the agreement was when you signed up for your insurance.
If you are not at fault, then will not need to pay an excess. If you do pay an excess, then you will be refunded when it is found that you were not responsible for the accident.
For excellent priced insurance, check out the offers from Woolworths Insurance. There is a Everday Insurance car insurance coupon available here to save even more.