

Comprehensive car insurance policies often have limits to some of their benefits. Find out about limits to policy benefits.If you’re not driving as much then you could find a policy with a more cost-effective rate and save some cash. Get an understanding of how many kilometres you drive each year. If you regularly review your policy, you can put yourself in a position to get a better rate that suits your budget and needs. This can happen due to things like fluctuations in the insurance market and the number of claims in your area. Providers can make changes to their policies at any time of the year. Regularly review your policy, not just at renewal time.Looking for Car Insurance? Here are Mark’s top tips You can also check your policy’s Product Disclosure Statement to see if there is any information about waiting periods for cover in the event of a stolen car.

Make sure you communicate with your provider as accurately as possible to help finalise the process. This whole process can take days or weeks depending on the provider. Your provider will then typically pay you for the losses that are covered within your policy, minus any deductibles you may have. Once this process is complete, your provider will assess your claim and determine its validity. You may also need to provide additional documentation such as police reports or photos of any damage to the car after the incident. It could depend on several factors such as the complexity of the claim, how much damage there is to your car, and how responsive your provider is. If your car isn’t recovered, then it may take a little longer. This usually depends on the time it takes the police to recover the car, as well as the waiting period as defined by your insurer. Choosing to insure for market value or a lower agreed value, which will reduce the amount your insurer has to pay-out should your car be written-off.Choosing a higher excess, which means you’re taking on a larger part of the risk from your insurer.
AUTO INSURANCE PRICE COMPARISON DRIVERS
Fewer drivers means less risk of a claim for your insurer
