The modern car is quite expensive. And any trouble that happened to car, seriously affect the wallet of the owner. At the same time, car insurance helps to prevent unforeseen expenses for repairing the car after road accidents. Moreover, modern legislation requires insuring the car without fail to reduce material risks in case of accidents.
Thus, each car owner, before getting behind the wheel, is obliged to buy an insurance policy, according to which the insurance company in the event of an accident compensates the costs of the injured party. However, insurance does not guarantee full compensation for the repair of expensive cars. Very often, the driver, the victim in an accident, has to pay extra for repairs out of his/her pocket. Therefore, prudent owners of expensive foreign cars insure their cars additionally under the special contract.
Today it is very easy to find a suitable offer for car insurance via the Internet. To do this, simply enter a number of parameters and select the appropriate price offer. For example, to buy a car insurance policy at a reasonable price, you need to specify:
- What is the engine power
- What is their age and driving experience
- Whether the owner has an insurance history
Additional car insurance is designed to compensate not only the costs of repair after an accident but also damage from natural disasters, as well as damage from malicious acts such as car theft. At the same time, car insurance under the special insurance program has a number of additional requirements.
For example, under the contract, it is often provided that at night the car should be in a guarded Parking lot. Moreover, any incidents that occurred outside the territory of this Parking lot will not be considered as insurance events.
Many companies do not undertake to insure the car if it is not equipped with a modern anti-theft system. This requirement may also be a mandatory clause in the contract.
In addition, a great influence on the cost of insurance has the age of the driver and his/her experience of driving. In particular, if the driver is under 25 years of age, the contract price may be significantly higher compared to a 40-year-old driver with 15 years of driving experience.
All these factors will affect the insurance cost of your car. You should have a detailed discussion with your insurance company about other factors that increase costs.