Car insurance policy – Car Insurance Companies Help http://carinsurancecompanieshelp.com/ Sun, 28 Nov 2021 02:56:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://carinsurancecompanieshelp.com/wp-content/uploads/2021/11/icon-15-120x120.png Car insurance policy – Car Insurance Companies Help http://carinsurancecompanieshelp.com/ 32 32 Common questions to ask yourself when buying an auto insurance policy https://carinsurancecompanieshelp.com/common-questions-to-ask-yourself-when-buying-an-auto-insurance-policy/ Fri, 26 Nov 2021 09:41:00 +0000 https://carinsurancecompanieshelp.com/common-questions-to-ask-yourself-when-buying-an-auto-insurance-policy/ When it comes to picking car insurance, it is important to research what to expect from the insurance policy. The vehicle you own, the purpose of the vehicle, financial history, other specific needs are all factors to consider before purchasing insurance. Insurance companies will also have questions about you as a customer. Read on to […]]]>
When it comes to picking
car insurance, it is important to research what to expect from the insurance policy. The vehicle you own, the purpose of the vehicle, financial history, other specific needs are all factors to consider before purchasing insurance. Insurance companies will also have questions about you as a customer. Read on to be ready to handle this part when purchasing a policy!

What coverage do you need?


Depending on the age and use of the car, one has to decide what type of insurance coverage they want for the car.

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Third party insurance – This type of insurance is compulsory according to the
Motor Vehicle Act, 1988. It is a sufficient policy if one owns an old car.

Auto insurance for personal damage – It is insurance that protects the policyholder against loss and damage to his vehicle.

Comprehensive auto insurance – It covers the loss and damage of his vehicle and the vehicle of third parties.

Commercial auto insurance – If you want to use your vehicle to transport people from one place to another in exchange for money, you will need to take out commercial insurance.

What is your risk assessment?

Insurance companies use information such as age, make and model of vehicle, geographic location, etc., to determine a person’s insurance premium rate. These are the factors that determine the “risk” one poses. The more risk you pose, the higher the premium rate will be.

What is the car’s IDV?

The declared insured value is determined according to the age of the car. The value of vehicles begins to depreciate from the day they are purchased. An IDV must be declared when taking out insurance as this will affect the amount of the claim. Remember that IDV entitlement must be declared, as declaring a high IDV will result in a high premium being paid and a low IDV will result in a low claim amount.

What is seniority in auto insurance?

For new cars, he is mandated by IRDAI to take out 3-year liability insurance. Individuals can choose their own damage coverage for 1 or 3 years depending on their coverage need. Most preferred policies include damage coverage as well as third party coverage.

For other cars like old cars / used cars, the occupancy period will be one year regardless of overall policy or third party policy. It expires exactly after 1 year and must be renewed in time to avoid a loss of warranty in the event of an accident.

Would you like to include additional coverages in the policy?

Auto insurance policies offer a variety of supplemental coverages that can help improve the policy and provide better protection. Zero depreciation, consumables, roadside assistance, engine protection and bill return are some of the important additional coverages. Insurance companies will ask the policyholder if they wish to purchase additional coverages and if they wish to include an add-on, they can do so by paying an additional premium.

Auto insurance is very important and while the process may seem a bit tedious, it is quite straightforward if you prepare a bit. Make sure you understand all of the advantages and limitations when purchasing a policy.

Are passengers covered by automobile insurance?

Usually only the driver / owner of the car is covered by comprehensive auto insurance. There is a passenger coverage add-on which can be opted out by paying a minimum additional premium to extend coverage to passengers in the car.

Are you ready to pay a voluntary deductible?


Insurance policies require the insured to pay a mandatory deductible which will be decided upon when the policy is taken out. For example, if an accident occurs and the policyholder makes a claim, he will have to pay the mandatory deductible to benefit from the amount of the claim. The policyholder also has the option of paying an additional amount called a “voluntary deductible”. If a policyholder offers to pay a voluntary deductible, insurance companies may grant a reduction on the insurance premium rates.

Are Online Auto Insurance Policy Documents Valid?

Yes, online and printed documents have the same validity. Once the policy has been purchased online, you can either download the document or save the sent policy in your mail. This also applies to a printed insurance policy to be produced wherever necessary.

Disclaimer: The article was written on behalf of Cholamandalam MS General Insurance Company Ltd. by The Times Internet Spotlight Team.




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Win one year of free Saga auto insurance policy https://carinsurancecompanieshelp.com/win-one-year-of-free-saga-auto-insurance-policy/ Fri, 26 Nov 2021 08:35:11 +0000 https://carinsurancecompanieshelp.com/win-one-year-of-free-saga-auto-insurance-policy/ 1) The draw is intended for Saga customers who have a MySaga account giving them access to customer benefits (formerly Possibilities) with the exception of employees of the Promoter or any third party directly associated with the administration of the draw. by lot. This raffle excludes customers from Northern Ireland. 2) The raffle is free […]]]>

1) The draw is intended for Saga customers who have a MySaga account giving them access to customer benefits (formerly Possibilities) with the exception of employees of the Promoter or any third party directly associated with the administration of the draw. by lot. This raffle excludes customers from Northern Ireland.

2) The raffle is free and no purchase is necessary.

3) All entries must be submitted via www.saga.co.uk/benefits. Only one participation per customer is authorized.

4) The registration opening date is Friday, November 26, 2021 at 9 a.m. The closing date for the draw is Saturday January 8, 2022 at 9 a.m. Registrations received after this time will not be taken into account.

5) The Promoter accepts no responsibility for entries not successfully completed due to a technical defect, technical malfunction, computer hardware or software failure, satellite failure, network failure. or server of any kind.

6) The 3 winners will be chosen by drawing lots supervised by an independent person on Monday January 10. (“Date of the draw”).

7) The 3 winners of the Saga free car insurance will receive: one year of free car insurance with Saga Insurance, with a maximum value of £ 500.

8) If the winner chooses to receive a Saga Car policy, the following conditions apply:

  • The maximum value of coverage under this offer is £ 500 and does not include any mid-term adjustments.
    • If the winner’s premium is more than £ 500, the difference must be funded by the winner.
    • The insured persons and vehicle are subject to our normal acceptance criteria.
    • The policy is subject to the terms and conditions contained in the policy documents.
    • The price is for one year of insurance only.
  • The offer is only valid for contracts covering the policyholder or the policyholder and his spouse or partner. Named pilots can be added (subject to acceptance criteria), but this will incur an additional cost if this exceeds the prize value of £ 500.
  • Additional coverage options can be added, but will incur additional charges if the maximum prize value of £ 500 is exceeded.
  • Existing customers of the Saga Car level of coverage will be entitled to a free renewal up to a value of £ 500 for one year, subject to a material change in risk accepted by insurers.
  • Saga Plus level of coverage policies will be subject to the applicable terms and conditions at a fixed price; the price of the second and third year will not increase from the price the winner would have paid for the first year policy (subject to no change in risk, claims or premium tax ‘assurance). The winner can choose to pay the policy starting in year two or cancel the policy as needed.
  • The policy must be purchased within 12 months of notification of the price.

9) The winner will be notified by email or telephone (using the information provided during registration to benefit from customer benefits) before midnight, Wednesday January 12, 2022. If a winner does not respond to the Promoter within 5 days following notification, then the winner’s prize will be forfeited and the Promoter will have the right to select an alternate winner in accordance with the process described above.

10) The winner’s prize is non-exchangeable, non-transferable and no cash alternative is offered and is subject to Saga’s standard booking conditions.

11) The price is provided by Saga Services Limited. The Promoter reserves the right to substitute the prize with another prize of equal or greater value if circumstances beyond the control of the Promoter make it necessary.

12) The Promoter’s decision regarding any aspect of the raffle is final and binding, and no correspondence will be entered into on this matter.

13) The names and countries of the winners can be obtained by sending a stamped envelope to: Saga Event Team, Saga Membership Limited, Enbrook Park, Sandgate, Folkestone, Kent, CT20 3SE, or by sending an email to sagaeventsinfo @ saga . co.uk within 15 working days of the draw date.

14) Participants are deemed to have accepted and accepted to be bound by these general conditions when registering. The Promoter reserves the right to refuse entry or to refuse to award the prize to any person violating these general conditions.

15) The Promoter reserves the right to cancel, cancel, suspend or modify the promotion if necessary.

16) To the extent permitted by law, the Promoter, its agents or distributors will not be liable in any way to indemnify the winner or accept any liability for any loss, damage, bodily injury or death arising as a result of acceptance of the prize, unless it is caused by the negligence of the Promoter, its agents or distributors or that of their employees. Your statutory rights are not affected.

17) Winners may be required to participate in raffle related advertisements which may include publication of their name and photograph in any medium.

18) Personal data provided during this promotion may be passed on to third party suppliers only to the extent that this is necessary for the execution / delivery / organization of the prize.

19) The draw will be governed by English law and the participants in the draw submit to the jurisdiction of the English courts.

20) The organizer of this raffle and the data controller is Saga Membership Limited of Enbrook Park, Sandgate, Folkestone, Kent, CT20 3SE.


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Little-Known Auto Insurance Could Save You Thousands Of Dollars After An Accident This Winter https://carinsurancecompanieshelp.com/little-known-auto-insurance-could-save-you-thousands-of-dollars-after-an-accident-this-winter/ Tue, 23 Nov 2021 10:03:03 +0000 https://carinsurancecompanieshelp.com/little-known-auto-insurance-could-save-you-thousands-of-dollars-after-an-accident-this-winter/ Buying a new car is always an exciting event, but you could owe thousands of pounds if it’s written off before you’ve paid for it. Each year about half a million vehicles go unreadable and beyond the point where repairs make financial sense, however, because insurance companies will only pay the “market rate” for them. […]]]>

Buying a new car is always an exciting event, but you could owe thousands of pounds if it’s written off before you’ve paid for it.

Each year about half a million vehicles go unreadable and beyond the point where repairs make financial sense, however, because insurance companies will only pay the “market rate” for them. a write-off can leave a huge sum in what you still owe.

Leading automobile association, EngineEasy, revealed how a Guaranteed Asset Protection (GAP) insurance policy eliminates that risk and effectively redeems you from your contract, potentially saving you from being left behind – especially at this time of year, as road conditions change due to seasonal weather conditions. changes.

Founder and CEO Duncan McClure Fisher said, “The write-off of a vehicle by your insurance company can be a traumatic event. Not only have you probably been involved in a serious incident, but you could also be facing a serious financial deficit due to the reimbursement of market value alone.

“Even if you can afford to replace it with a new vehicle, it will almost certainly be well below the specifications of the one you lost, but having a proper GAP insurance policy is essential to avoid that. “

“With the popularity of leasing and financing arrangements, such as the PCP [a form of hire purchase vehicle finance], you could owe thousands of pounds if your vehicle is written off.

“GAP insurance eliminates this risk and effectively redeems you from your contract. “

GAP insurance is divided into three main categories depending on the age of your vehicle.

Vehicle Replacement Insurance (VRI) is for cars less than three months old and with less than 500 miles on the odometer. It covers the difference between the payment from your insurer and the balance required for the purchase of a replacement or similar vehicle.

GAP Return to Invoice (RTI) insurance, also known as “Back to Invoice” is for cars up to 10 years old and with less than 100,000 miles on the odometer, depending on your provider.

You must have purchased your car from a dealership within the past three to six months and the vehicle must be owned directly or with financing.

This type of policy covers the difference between the insurer’s payment and either the price you originally paid or the amount needed to settle your outstanding financial balance, whichever is greater.



GAP insurance is divided into three main categories depending on the age of your vehicle.

The final category is Return to Value (RTV), which again caters to cars under ten years old and under 100,000 miles.

These may have been purchased privately or from a dealer, and coverage is the difference between your insurer’s payment, based on present value, and the original value, which is calculated from the policy start date.

Finance agreements, which include hire-purchase, PCP, and leasing, remain the most popular methods of getting a car without having to fork out the money in one lump sum up front.



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About 90% of cars and vans in the UK are subject to some sort of finance deal, but many people only consider the monthly cost, without thinking about what would happen if they were written off.

“This is why GAP insurance is so important, because the last thing you want is having to pay a large amount of money for a vehicle you no longer own. Having the right policy in place means you’re covered to settle a previous contract and then shop around for your next financing deal, ”Duncan added.

However, he also urged caution when reading the fine print of any GAP insurance policy as some will only cover you when a car is stolen or declared a total loss.

Others offer more comprehensive protection, including traffic accidents, fire and theft.

He said: “If you are looking for suppliers, it is also useful to check the maximum available claim limit, as it can vary from company to company.”

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Auto insurance: Drivers urged to check their auto insurance policies for fear of increased auto theft https://carinsurancecompanieshelp.com/auto-insurance-drivers-urged-to-check-their-auto-insurance-policies-for-fear-of-increased-auto-theft/ https://carinsurancecompanieshelp.com/auto-insurance-drivers-urged-to-check-their-auto-insurance-policies-for-fear-of-increased-auto-theft/#respond Sat, 06 Nov 2021 10:00:00 +0000 https://carinsurancecompanieshelp.com/auto-insurance-drivers-urged-to-check-their-auto-insurance-policies-for-fear-of-increased-auto-theft/ Usually, drivers are warned not to leave anything of value in their car when it is not occupied. Because of this Go compare urges drivers to check their auto insurance policy and personal belongings coverage. With the nights now approaching earlier, opportunistic thieves could make the most of the increased hours of darkness. According to […]]]>

Usually, drivers are warned not to leave anything of value in their car when it is not occupied. Because of this Go compare urges drivers to check their auto insurance policy and personal belongings coverage.

With the nights now approaching earlier, opportunistic thieves could make the most of the increased hours of darkness.

According to statistics, the most common items stolen from cars in 2019 and 2020 were valuables such as jewelry, purses, credit cards, documents and wallets.

The data also shows that the type of items stolen from vehicles has changed significantly since 2010, with the percentage of cellphones taken from vehicles falling by 39%.

At the same time, thefts involving exterior fittings of vehicles and electrical equipment fell by 74% and 49% respectively.

READ MORE: Retiree devastated after ‘forced’ trailer park

Ryan Fulthorpe, automotive expert at GoCompare, explained how drivers could be affected by leaving valuables in the car.

He said, “When it comes to purchasing auto insurance this year, many drivers will naturally focus on the overall price and make sure there is some level of personal protection insurance in place.

“However, it’s important to dig into the details of the policy and make sure you have the right amount of coverage for the everyday items that come out with us.

“Accidentally leaving your wallet or phone in the car happens to the best of us, which is why it’s so important to check your level of coverage.

“Also remember that the valuables we are now likely to leave in our vehicles have changed dramatically over the past 10 years.

“We urge all car owners who are returning to work or going on a day trip this semester to think about the value of the items they would normally leave in the car – as well as those they might accidentally forget – and to make sure they are protected should the worst happen.

“Also remember to take simple precautions to protect your belongings, like not leaving anything of value on display and rechecking that your car is locked when you leave it, even when it is in a driveway.”

Most car thefts occur between midnight and 6 a.m., but there are now fears that there is an increase given the longer hours of darkness.

Just under half of all break-ins were due to the door not being properly locked.

About seven percent of thefts occurred because the offender was using an electric key or remote control.

In recent years, drivers with keyless entry have been warned to take extra care when protecting their property and car.

Criminals can bounce the signal from the key to a relay box that allows them to open the door and take control of the car.

For this reason, drivers are advised to place their car key away from their home door and keep it in a protective cover to prevent any signal from being intercepted.


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Nextbase Launches Discounted Auto Insurance Policy For Dash Camera Customers | Industry – Automotive News Nov 2021 https://carinsurancecompanieshelp.com/nextbase-launches-discounted-auto-insurance-policy-for-dash-camera-customers-industry-automotive-news-nov-2021/ https://carinsurancecompanieshelp.com/nextbase-launches-discounted-auto-insurance-policy-for-dash-camera-customers-industry-automotive-news-nov-2021/#respond Wed, 03 Nov 2021 16:31:00 +0000 https://carinsurancecompanieshelp.com/nextbase-launches-discounted-auto-insurance-policy-for-dash-camera-customers-industry-automotive-news-nov-2021/ Dash camera provider Nextbase has launched an auto insurance policy, Nextbase Insurance Services, which provides customers with access to discounted auto insurance premiums. So far, 57.3% of its customers have saved more than 30% when purchasing a full auto insurance policy through Cornmarket Insurance Services (based on premiums paid versus figures from the ABI for […]]]>

Dash camera provider Nextbase has launched an auto insurance policy, Nextbase Insurance Services, which provides customers with access to discounted auto insurance premiums.

So far, 57.3% of its customers have saved more than 30% when purchasing a full auto insurance policy through Cornmarket Insurance Services (based on premiums paid versus figures from the ABI for the third quarter of 2020).

Drivers with dashboard cameras benefit from the ability to provide video evidence to their insurer in the event of an incident to prove they weren’t at fault and, according to Nextbase, this can help settle claims up to ‘to twenty times faster.

Nextbase research also shows that dashcam policy holders are 33% safer drivers, based on the telematics score.

Bryn Booker, Marketing Manager at Nextbase, said: “Building on our partnerships with a select group of insurers that offer dashboard camera discounts to Nextbase customers, we have now created a new category of insurers. auto insurance for our dash cam drivers so they get the discount on their auto insurance they really deserve for safer driving.

Customers with a full loss-free discount (nine years) can also choose to price their insurance policy for three years, with guaranteed premium and 36-month payment options.


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ACKO Educates People About Auto Insurance Policy Through New Campaign, Marketing & Advertising News, AND BrandEquity https://carinsurancecompanieshelp.com/acko-educates-people-about-auto-insurance-policy-through-new-campaign-marketing-advertising-news-and-brandequity/ https://carinsurancecompanieshelp.com/acko-educates-people-about-auto-insurance-policy-through-new-campaign-marketing-advertising-news-and-brandequity/#respond Tue, 19 Oct 2021 09:45:00 +0000 https://carinsurancecompanieshelp.com/acko-educates-people-about-auto-insurance-policy-through-new-campaign-marketing-advertising-news-and-brandequity/ ACKO educates people about auto insurance policy through new campaign. Digital insurance policy provider ACKO Insurance has launched a new campaign to empower consumers to make the best choice when purchasing insurance for their new car. The campaign emphasizes that consumers don’t have to settle for the bundled insurance policy offered by the dealership. They […]]]>
ACKO educates people about auto insurance policy through new campaign.

Digital insurance policy provider ACKO Insurance has launched a new campaign to empower consumers to make the best choice when purchasing insurance for their new car.

The campaign emphasizes that consumers don’t have to settle for the bundled insurance policy offered by the dealership. They can explore several options and choose the insurer that offers them the most advantageous and cost-effective policy for them.

The commercial depicts a new car owner celebrating his recent acquisition. His excitement is dampened when he learns that he could have saved a lot of money on his car insurance if he had considered the alternatives online and chosen to buy from ACKO. The owner of the new car is approached by a sympathizer who asks him if he has purchased insurance for his recently purchased car from ACKO. The owner expresses his frustration and dismay but can only regret not having consulted the ACKO app earlier.

Ashish Mishra, Executive Vice President of Marketing, ACKO General Insurance, said, “We know that during the holiday season people tend to buy a new car and one of the important decisions when buying is a car is to choose the insurance policy. Our campaign aims to raise awareness among consumers that checking insurance on ACKO before purchasing their new car can help significantly reduce the overall cost of purchasing the car.

Abhijit Avasthi, co-founder of Sideways Consulting, said, “ACKO is doing something really beneficial for auto buyers. I like the fact that as a brand they want to be a highly regarded and happy brand rather than behaving like a heavy insurance company. So, we had the license to have fun as long as the message was delivered. “

The campaign was launched on television, digital media and social media.

Watch the announcement here:


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5 reasons why you should renew your auto insurance policy https://carinsurancecompanieshelp.com/5-reasons-why-you-should-renew-your-auto-insurance-policy/ https://carinsurancecompanieshelp.com/5-reasons-why-you-should-renew-your-auto-insurance-policy/#respond Tue, 21 Sep 2021 18:17:49 +0000 https://carinsurancecompanieshelp.com/5-reasons-why-you-should-renew-your-auto-insurance-policy/ Listen to this article According to the Motor Vehicle Law, one cannot drive on the roads of India without having a valid and active auto insurance policy. Having at least one third party liability insurance is mandatory to be legally allowed to drive on Indian roads. Having said that, auto insurance policies come with their […]]]>

According to the Motor Vehicle Law, one cannot drive on the roads of India without having a valid and active auto insurance policy. Having at least one third party liability insurance is mandatory to be legally allowed to drive on Indian roads. Having said that, auto insurance policies come with their validity and expire after a certain period (i.e. the term of the policy).

It is highly necessary to renew auto insurance plans on time in order to ensure stress free driving. Also, driving with an expired auto insurance policy is the same as not having an insurance plan.

To learn more about it, we’ve highlighted the top five reasons why you should renew your auto insurance and that too on time. Scroll down to learn more about these reasons:

Read also: Changes you need to make to your insurance plan after marriage

Reason # 1: To Enjoy the Benefits of Continuous Plan Coverage

For coverage to be active and valid, it must be renewed on time. If the policy is approaching the expiration date, one should make sure to renew it before it to ensure that they get the necessary coverage and benefits from the plan. In addition, failure to renew on time may result in discontinuity of benefits and prevent the insured from benefiting from uninterrupted coverage.

In addition, having your car insured can save you from heavy financial losses that could occur in unprecedented accidents. It also avoids any legal liability in the event of bodily injury or death of a third party.

Reason 2: Avoid the discontinuity of the no-claim bonus

No Claims Premium (PNE) is the benefit that the insured would receive on zero claims during the term of the policy. This is a reward for safe driving and the bonus can be accumulated. In addition, the value of the NCB may increase if no claims are made for a continuous period of five years. However, if the insured does not renew the policy on time, he may suffer the loss of this accrued benefit.

Reason 3: Avoid paying higher premiums

Any interruption during the renewal period of your auto insurance policy may result in the payment of comparatively higher premiums. Also, you might have to buy a new auto insurance policy instead, which could lead to higher rates as you won’t be able to get any discounts, or even the insurance company might charge you more. for the history of the expired plan.

Reason 4: Easily switch to other insurers

This is another important benefit, especially for policyholders who are not satisfied with the services of their current insurer or their current plan. The renewal period can be a good option for you to easily switch to another plan or insurer that offers better benefits than yours. You can compare the different plans offered by different insurers to find the ideal option for you. This comparison can be done online.

Reason 5: Save the complicated experience

Failure to renew your auto insurance policy on time may result in the payment of penalties or the denial of claims. You may even have to look for another plan or insurer due to irregular renewals or an expired policy for a longer period. Hence, it is advisable to renew the policy on time to avoid such hassle.

Read also: Three ways Covid-19 is changing the insurance industry

Final result

Now that you know the benefits of renewing your auto insurance policy on time, it is highly recommended that you renew on time to avoid any unpleasant surprises down the road. Renewing the policy on time also saves you money, time and effort. So if you are planning to buy a new plan then you should definitely consider timely renewal in the future, and if you already have an existing plan and missed the renewal date then hurry up and renew now ! It is better to do it early than to be too late.

The views expressed in this article are the personal opinion of Rakesh Goyal, Director, Probus Insurance.

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Make sure this option is checked on your car insurance policy as civil unrest escalates in South Africa https://carinsurancecompanieshelp.com/make-sure-this-option-is-checked-on-your-car-insurance-policy-as-civil-unrest-escalates-in-south-africa/ https://carinsurancecompanieshelp.com/make-sure-this-option-is-checked-on-your-car-insurance-policy-as-civil-unrest-escalates-in-south-africa/#respond Thu, 15 Jul 2021 07:00:00 +0000 https://carinsurancecompanieshelp.com/make-sure-this-option-is-checked-on-your-car-insurance-policy-as-civil-unrest-escalates-in-south-africa/ • Civil unrest is on the rise in South Africa, putting personal property at risk. • Car owners should ensure that Sasria coverage is added to their insurance policies. • Sasria is a public entity that covers losses due to protests and civil unrest. • For more automotive stories, visit Wheels24 With an average of […]]]>

Civil unrest is on the rise in South Africa, putting personal property at risk.

Car owners should ensure that Sasria coverage is added to their insurance policies.

Sasria is a public entity that covers losses due to protests and civil unrest.

For more automotive stories, visit Wheels24


With an average of 2.26 protests per day over seven years – for everything to do with labor issues, municipal services, corruption and governance – South Africans are no strangers to protests and riots.

While 62% of the protests are peaceful, recent protest actions in various parts of the country have erupted in violence and malicious property damage, with reports that an uninsured car dealership has lost 32 vehicles in a fire. TO Auto & General, we urge South Africans to be vigilant to protect themselves and their property, as well as to have adequate coverage against civil unrest.

Due to the unpredictable and often chaotic nature of these incidents, private and public property can suffer costly damage. For this reason, we encourage people to ensure that Sasria coverage is included in their insurance policies so that they are covered if the matter concerns them personally. If they are not properly covered, their insurance company may reject claims for damage or loss suffered during a strike, civil unrest or protest.

What is Sasria?

Sasria, which stands for “The South African Special Risks Insurance Association”, is a public entity that covers loss or damage to insured property due to civil unrest, including riots, strikes and public unrest. Sasria is the only insurer in South Africa that covers all damages caused by these types of incidents.

Some insurance institutions, such as At Auto & General, automatically include Sasria in their auto insurance policies. Car owners are advised to check with their insurance companies that Sasria coverage is included in their premiums, as this coverage is optional.

Auto & General provides the following tips to protect you, your loved ones and your property in times of civil unrest:

SOS on speed dial: Make sure you have the numbers for all emergency services – including community protection services – handy.

Protective layers: Make sure panic buttons, alarm systems, security doors, anti-theft bars, electric fences, CCTV systems, etc. are all in place and functioning. Strengthen your security measures if possible.

Emergency equipment: Make sure safety equipment like fire extinguishers are in place and working.

Plan: Have a contingency plan, including an evacuation route, in place when unrest spreads in your area, and make sure everyone close to you knows how to follow it.

Listening: Keep an eye on the news to stay informed about civil unrest hot spots and avoid them at all costs.

Taken on the road: If you are in your vehicle during the civil unrest, keep your car moving and try to avoid the crowds. If this is not possible and you see that your vehicle will be stuck in the trouble, park and lock it and escape to a safe place if you can. If you can’t, it’s best to stay in your car, lock it, stay calm, and not show any signs of hostility or anger. Never try to walk through a crowd of protesters. Alert the authorities as soon as possible.

As civil unrest continues to put pressure on the country, we encourage South Africans not to spread fake news. This adds unnecessary and additional pressure to systems already under pressure like the South African Police Service (SAPS) and the Central Provident Fund (CPF).

Ricardo Coetzee is the head of auto and general insurance.


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GEICO, Graduated Auto Insurance Policy Holders As Americans Abandon Allstate, State Farm https://carinsurancecompanieshelp.com/geico-graduated-auto-insurance-policy-holders-as-americans-abandon-allstate-state-farm/ https://carinsurancecompanieshelp.com/geico-graduated-auto-insurance-policy-holders-as-americans-abandon-allstate-state-farm/#respond Mon, 12 Jul 2021 07:00:00 +0000 https://carinsurancecompanieshelp.com/geico-graduated-auto-insurance-policy-holders-as-americans-abandon-allstate-state-farm/ A new study from JD Power, in collaboration with TransUnion, finds that Progressive and GEICO were the biggest winners in the US auto insurance industry in the second quarter of 2021. The Quarterly Shopping List Report examines quotes and rates auto insurance change. GEICO had the highest quote volume among the major insurance companies. Allstate […]]]>

A new study from JD Power, in collaboration with TransUnion, finds that Progressive and GEICO were the biggest winners in the US auto insurance industry in the second quarter of 2021. The Quarterly Shopping List Report examines quotes and rates auto insurance change.

GEICO had the highest quote volume among the major insurance companies. Allstate came in second, with Progressive and State Farm in third and fourth, respectively.

GEICO remains popular in the North East, South and West where it retains its position as the most highly rated insurer in Q2. Progressive leads the southern United States

Progressive has captured most of the business of defectors who have decided, for one reason or another, to change insurers. The company has now gained 45.2 percent market share over the past five years.

Over the same period, The Hartford saw its market share shrink the most, dropping 35.3%. The other losers are Nationwide (down 35.1%), Farmers (down 16.9%) and State Farm (down 12%).

Auto insurance companies are increasingly being dumped for Progressive and GEICO.
JD Power

Customers of Allstate, GEICO, State Farm and Travelers were the most likely to switch to Progressive. American Family Insurance policyholders have moved regularly to Allstate while Farmers, Progressive and USAA customers have moved to GEICO. State Farm disputed the cases of Nationwide and Liberty Mutual.

USAA, Amica, The Hartford, Kemper, Nationwide and State Farm were the most loyal in the second quarter of 2021. National General, ACG, Progressive, SafeCo and Auto Owners insurances have the least loyal customers.

After the pandemic, American car buying habits are back in full swing. Although the semiconductor chip shortage has reduced factory output, many buyers buy vehicles before or as soon as they arrive at dealer lots.

Americans’ driving habits are also changing as new drivers get licenses, workers resume their trips to the office, and travelers hit the road. These changing habits, along with new vehicle purchases, give buyers a reason to shop for the best rates. JD Power believes that “the huge pent-up consumer demand” “will continue to have implications for auto insurers” in the third and fourth quarters.


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Your Car Insurance Policy May Not Be Enough During The Monsoon – Here’s Why https://carinsurancecompanieshelp.com/your-car-insurance-policy-may-not-be-enough-during-the-monsoon-heres-why/ https://carinsurancecompanieshelp.com/your-car-insurance-policy-may-not-be-enough-during-the-monsoon-heres-why/#respond Fri, 09 Jul 2021 07:00:00 +0000 https://carinsurancecompanieshelp.com/your-car-insurance-policy-may-not-be-enough-during-the-monsoon-heres-why/ Take the necessary precautions to stay financially protected and renew your auto insurance policy periodically. Even though the monsoon is one of the highly anticipated seasons in India that relieves us of the summer heat, it does come with its fair share of challenges. For example, areas with high rainfall i.e. areas prone to flooding […]]]>
Take the necessary precautions to stay financially protected and renew your auto insurance policy periodically.

Even though the monsoon is one of the highly anticipated seasons in India that relieves us of the summer heat, it does come with its fair share of challenges. For example, areas with high rainfall i.e. areas prone to flooding suffer huge losses during monsoon seasons and people also face various challenges when it comes to driving their vehicles. own vehicle.

Parthanil Ghosh, President, Motor Business, HDFC ERGO General Insurance, said: “The main cause that the majority of car owners end up spending a significant portion of their finances is lack of awareness and delays in taking action. precautionary. “

He adds: “Although, according to the government’s mandate, every vehicle owner must have a valid insurance policy, more than 50% of vehicles do not have insurance and in the event of an eventuality, these vehicle owners tend to spend out of pocket for repairs and damages.

Therefore, experts say, to avoid such situations, it is imperative to take out comprehensive auto insurance with all relevant add-ons and renew it regularly to avoid any kind of financial loss for your vehicle.

Here are some of the important additions to consider to stay safe during monsoons;

Engine and gearbox protection cover – Driving vehicles in a waterlogged situation can cause water to enter the engine, damaging the engine, battery, and transmission. Engine repairs and replacement costs are generally high. This add-on package will provide protection against expenses incurred for repairs and replacement of parts.

Consumables coverage – Irreparable damage could be caused to the vehicle due to the humidity accumulated during the monsoon. This add-on covers repairs and replacement of most consumables such as oil, nuts, bolts, screws, washers, among others.

Roadside Assistance Service (RSA) warranty – Experts say this is one of the most vital and needed supplemental coverages right now.

Ghosh adds, “With the pandemic crippling our vehicles, car batteries may be running out of charge. This coverage provides emergency vehicle service to policyholders, on the road or even if the car is parked in the garage at home.

The following services can be used under this coverage-

  • Onsite Mechanic – A mechanic is dispatched to the location where the insured’s vehicle is stuck to assist with necessary repairs
  • Towing Service – If necessary, the insurance company will arrange a towing van to tow the insured’s vehicle to the nearest garage.
  • Battery Failure – If the car’s battery fails due to weather conditions, a technician is dispatched to start the insured’s vehicle.
  • Replacing a flat tire – The policyholder should contact the insurer, if he has a flat tire or if he could have gone bald, to resolve the problem on the spot.
  • Spare key – In the event that the key is lost or left inside the car, the policyholder can ask the insurer to take care of a set of spare keys from his home
  • Return on Invoice – In the event of total loss or theft, the additional Return on Invoice cover reimburses the insured for the original purchase value (ie the road price) of the car. Ghosh says, “Unlike policy coverage based on the declared insured value (IDV), this coverage bridges the gap between the depreciated value (IDV) and the billed value of the car as well as registration and other fees. applicable taxes. This is important coverage, especially in areas prone to natural disasters such as flooding, which can result in the total loss of the vehicle.

Experts also advise vehicle owners to insure their vehicles with these two specific additional coverages –

Zero amortization cover – This additional cover ensures that the policyholder receives compensation in the event of an accident or breakdown, based on the value insured when the vehicle or insurance was purchased. Here, the amount of depreciation of the vehicle is not taken into account.

No-Claim Bonus Protection – During monsoons, a vehicle owner usually makes a claim for claims such as minor damage such as a broken bumper or damage to mirrors due to high winds or rain. Therefore, a no-claim bonus add-on ensures that a customer gets the claim even if there is a claim made within the previous year.

Ghosh adds, “Natural disasters / calamities are beyond human control and these calamities often happen when we least expect them. Such dangers cannot be foreseen or controlled, therefore, the practical way out of such situations must be prepared. “

Therefore, take the necessary precautions to stay financially protected and renew your auto insurance policy periodically.

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