Misconceptions About Car Insurance

There are plenty of reasons why one must have car insurance, including recovering the damage costs due to accidents, calamities, and theft and additional medical benefits. Despite such facts, there are many misconceptions about car insurances due to which, people slack off in buying or renewing their insurances. They believe that their car will be safe as they are careful drivers and do not need car insurance. But the accidents do not happen just because of self carelessness when there are many external factors that can cause damage as well. Here are some of the misconceptions which are spreading around about car insurances, which people need to be aware of to make better choices for themselves.

Getting car insurance is a headache

People fear to apply for car insurance as they feel that it requires a lot of time and paperwork to get the application through. Even with the help of an agent to take care of the paperwork, people still feel that it is a dragging process. However, the insurance companies today are much more flexible and faster in processing their applications through the internet. You can browse through the insurance coverages easily and pick the right coverage for your car. The registration also requires only a few minutes, and you can get your insurance processed instantly.

Understanding car insurance is difficult

Given that there are plenty of insurance plans available according to your needs and budget, it is not hard to understand your needs once you go through the plans. There are commonly only two types of insurances that the companies offer – the third-party insurance which is mandatory from the government and the comprehensive insurance which a person needs to choose on their own. Once you know which car insurance you require, you can easily check the car components that you want to get insured and process your coverage plan.

Car insurance is expensive

 Since the insurance companies are available on the internet today, they want to attract more audience towards themselves. To do this, the companies now offer exclusive discounts to the new members that can help in the cutting of the huge insurance fees. You can also reduce the overall cost of your insurance renewal to up to 50% if you drive safely and do not claim your coverage for the period of your current insurance.

Insurance claims are time-consuming

If you have the right documents ready, your insurance claim can be approved on the same day. The insurance company needs to verify your documents properly to clear your claim according to their terms and policy. A good insurance company has relations with car repair shops, and if you have the right documents, you can get a quick claim settlement without a problem. The key is to choose a car insurance company which has a bigger network with the car garages.