Choosing the correct Motor Trader sounds simple and straightforward, however we do forget to read the small print when shopping around and tend to jump when we see the smallest figures on our screens. But when we do this without reading into the Terms & Conditions the outcome tends to have excessive strings attached to the previously small deal that caught our attention. When a company offers such a small price within their deal, they are less likely to cover what you require.
Policies are created to cover a wide range of issues that may arise whilst on the road. Every policy is different therefore doing the research is crucial to ensure you are getting the best deal and the best cover. The market for car insurance is huge, and there are policies to match every consumers needs on the market. But what should you ask yourself before choosing your motor trade broker?
Does this broker cover small features?
We only think of insurance cover when it comes to major incident on the roads, we never seem to think of the small features such as a chipped windscreen, your wing mirror getting knocked off or even if you bump your car yourself, however this is something that you should consider when choosing a policy. It’s very easy to say ‘My insurance will cover that’ but does it really? We may assume that it does however some companies do not include these, therefore when it comes to fixing the issue, the fees are high and we start to wish we read into the terms and conditions.
Are there any hidden excess fees?
Hidden excess fees are usually in the small print that we tend to scan over and only notice when it comes to the big bill through our door, when we see advertisements and think ‘wow what a deal!’ it’s so easy to jump straight in with that deal however to put it simply an excess fee is a large sum of money that you will need to dish out to your insurance broker. However, if you do your research fully you may find an insurer who will pay your claim and get rid of the excess if the claim you have made is somebody else’s fault.
How well does the company deal with claims and non-claim problems?
Your car insurance company will help you recover the costs of any damage you may have caused to another driver when on the roads if you have a non-fault claim, this can increase your insurance however if you have a fault claim then this would affect the insurance cost more. When you come to renew your policy, consider protecting yourself so that in the future you are not damaging your discounts that you accrue over the years.
Experiment with quotes to see which is cheaper, third party is not necessarily the cheapest option, comprehensive insurance is an alternative and can save you money in the long run.
If you require more information regarding Motor Trade Insurance visit www.bollington.com to get expert advice!