Pas på dit liv – Du har kun ét

When you pick up the phone and start shopping around for a car insurance quote, how do you know if you’re not going to be required to have your car fully inspected? Frankly, it is rare that an insurance company asks for an inspection. However, if you are requesting full coverage for an old car and you tell them the car is in prime condition, the insurance company may take pause, and in order to verify your veracity will require a car inspection.

Using the VIN number the agent would get all the information required about the vehicle, and may even like to arrange an inspection of that particular vehicle so that your actual rates is reduced to a much lower price. Car accessories such a custom made rims, wheels or expensive stereos which you would like to claim along with the vehicle, needs to be inspected before the insurance company provides you with the coverage. This is because there is a possibility of people having an ordinary cassette player, giving false information about it and claiming it to be an expensive one in order to get it covered, which might actually reduce the asset of the Insurance company.

Often the Insurance Company may insist on Inspection, just to know the overall condition of the vehicle alone and if they find the actual condition of the vehicle is poorer than what it is claimed, it may affect the actual insurance coverage. Mechanical faults, improper maintenance such as rust or faded paint, poor condition of seats all make your vehicle go down its ladder for maximum coverage. Moreover it will also let you down when it comes to the blue book, as it mainly depends on the perfect condition of the car which may inadvertently make you to lose a fair amount of money, slashing your pocket with few thousands of dollars. In case of accidents, where the actual damage done to the car is summed up and in the event of blue book claim, the total value is paid to you only after the insurance company analysis the perfect numbers to be paid.

Typically vehicle inspections are very rare. The situation that most often tends to draw the extra attention of insurance companies are customers who insure older cars for full-coverage. Such inspections make sense for both insurance companies and car owners. It is in the insurance company?s best interest to verify that vehicles they insure are valued properly and, additionally, it may lead to lower premiums should car owners over-estimate their vehicles? worth.

Sometimes there is damage to a vehicle that is not noticed by the current owner and has never been reported. Sometimes previous owners do not report minor accidents. They make quick patches and sell the car to unsuspecting buyers. Unfortunately, there are other types of fraud which insurance companies must look for. Filing false claims based on questionable values costs insurance companies millions of dollars each year.

It is best to be honest when buying insurance policies. Deception might be classified as fraud and end up costing you more than any short-term profit. You never know if an insurance agent or adjuster will ask to see and take pictures of your car or truck.

Graham McKenzie is the content syndication coordinator for Carinsurancesa.co.za. South Arica?s leading Car Insurance portal.

categories: Finance,Insurance,Cars,Automotive,Car Insurance,Money,Vechile Insurance

You could be the safest driver in the world. Following all of the basic driving laws and not being distracted by eating, drinking or talking on your cell phone. But driving is not only about you being behind the wheel, but the other people around you behind their wheels. Most people aren’t as exacting behind the wheel as you could be, and this is the reason that accidents happen.

One pretty common rule on the road is that everyone is expected to have car insurance. It is illegal in most states to drive around without insurance, and in states that it is not required it is considered decent to have it. Unfortunately, the most common drivers in accidental vehicle accidents are ones without insurance.

If you are in the middle of a mishap, you would naturally take it for granted that the other person will remain at the site of the mishap until the police are summoned, you will prepare a statement, exchange information about insurance providers and the handle the damage caused after you leave the site. In case you are a party to a mishap with a person who neither has insurance nor is keen to encounter the police until they arrive, then you are in for bad luck. You may be in the middle of mishap and you can do nothing but wring your hands in despair when you see the offender bolt from the scene of mishap.

The first thing to do is if you are at the scene when your car is hit is to try to stay calm, always believe that the car will leave and get the license plate number. Even if the car pulls to the side you should always write the license plate number down, you never know what might cause them to take off.

You may be aware that a police report needs to be registered in hit and run mishap irrespective of the seriousness of the mishap, to enable your insurance provider to lodge a claim. In case you possess underinsured or uninsured driver coverage or have comprehensive coverage n your car, the insurance company will attend to the repair of the vehicle as also the hospital expenditure on account of the mishap corresponding to the permissible amount in your policy.

You will be responsible for any deductible you have within your policy. Even though the accident is not your fault you will have to split over the deductible amount in order to have the insurance company cover the remaining costs. It may seem unreasonable but it is much better than being left with the total bill. In most cases hit and run drivers are not found if the driver of the vehicle involved does not think fast and take down the license plate number. If the police do find the culprit then you will be able to turn the matter over to your insurance company and they will charge the individual for the amount that is to be paid and if you choose that you can take them to civil court to be reimbursed your deductible and any other out of pocket expenses you may have encountered due to the accident.

Graham McKenzie is the content syndication coordinator for Carinsurancesa.co.za. South Arica?s leading car insurance portal, which helps people save on their car insurance.

categories: Finance,Insurance,Cars,Automotive,Car Insurance,Money,Vechile Insurance