Introduction

Car insurance is a necessary evil, one of the few types of cover that you are legally obliged to buy. So the less you pay for it, the better.The bad news is that car insurance has been getting more expensive and is likely to continue doing so.Norwich Union caused a big stir in August 2006 when it announced that it was increasing the cost of its car insurance cover by 16%, with some drivers likely to see increases of up to 40%. Other insurers have already followed as the cost of accident damage and personal injury claims is rising rapidly.So, when you next get a renewal notice for your car insurance, you could be in for a nasty shock. It’s not all bad news however, as many companies have decided not to raise their prices. This means shopping around for a better deal makes more sense than ever.

Way to save money on car insurance

Choose the right car: Before you buy a car, check with your agent to see how much the rate for the car you have chosen will be, and if the premium and the car payment fit your budget.

Choose a higher deductible: Your insurance premium can be decreased if you increase your portion of the risk. Raising your collision and comprehensive deductibles from $250 to $500 or higher can save you nearly half the cost. You do need to be aware that you will have to pay the higher deductible any time you use these coverages.

Eliminate duplicate coverages: You may have an overlap in coverage, such as medical coverage and health care, or collision and uninsured motorist property damage Ask your agent to explain what each coverage offers.

Shop around: Because each company's rates are based on its own loss experience, the premium charged by different companies can be different for the same driver. However, the cheapest insurance isn't necessarily the best. Make sure you tell the agent if you have any special equipment or additional drivers.

Companies differ in the skill, care and speed with which they settle customers' claims. Our office can not recommend one company or policy over another.

Claims procedure

All insurance contracts are based on the information provided by the insured in the proposal form. The proposal form forms the basis of insurance contracts.

Some important points, which would help you in the claims procedure.

The loss or damage should be reported to the insurer immediately.

In the event of you needing to make a claim, please call our Customer Service Executives at the following numbers

30305858

(dial your city code if calling from a mobile)

1800 22 5858

Toll free from MTNL/BSNL/Reliance network

1800 102 5858Toll free from Bharti/Airtel network

Or

SMS "CLAIM" on 9860685858

We will take all the details and if appropriate give you the telephone number and location of your nearest Bajaj Allianz preferred workshop (for cashless claims) and inform you of any further action you may need to take. We are committed to dealing with each claim quickly and effectively

On receipt of claim intimation, the insurer will forward a claim form.Submit the completed claim form along with an estimate of the loss to the insurer. It is preferable to submit an itemized estimate with separate values.

The insurer will arrange for inspection of the damaged items to assess the loss. In case of major losses, a specialist-licensed surveyor is deputed.

The insured has to provide the required documents to substantiate the extent of loss.In case the cause of loss is not established, it is for the insured to prove that the loss or damage has occurred due to an insured peril.

On agreement of claim amount between the insured and the insurer, the claim is settled.Average Clause - As per the Terms and Condition of the Policy · Excess as stated as per the Policy terms and condition will be deducted from the claim pay

Newyork Car Insurance

Newyork car insurance provides you cheap insurance rates. We insure your vehicle and provide you with facility like free repairing from our recommended list of garages.

Newyork car insurance is one auto insurance company that provides you solutions for problems like car theft, accidents etc. People are quite dependent on their vehicles and losing a vehicle by an accident or theft will be a financial loss as well as it will affect our day to day activities like office, school, doctor's appointment etc.

Newyork car insurance offers you more benefits like less premium, 70% discount on first-rate service (if our recommended garages have not repaired your car), free car servicing (if your car has been repaired by one of our recommended garages). We also provide you additional services like breakdown assistance and motoring protection at minimal price.

Newyork car insurance controls your car insurance policy from beginning to end. When requested, we will provide you updated information of your car insurance policy. If you have any queries or doubts about our car insurance policy, you can check out our FAQ section, which will be of great help to you.

Advanced car insurance tips

Protecting your no claims bonus :

After several years of claim-free driving, you should be sitting on a sizeable no claims bonus. After five years, you could cut your premium by between 50% to 70%, depending on the insurer. That's quite a saving.

It is also a great way for younger motorists to drive down the cost of cover, as premiums fall rapidly after just one or two years without a claim.

If you do eventually make a claim, you don't always lose all the no claims bonus you’ve built up. Many insurers will slice two years off your bonus after a minor claim, although that could still cost you hundreds of pounds. If you make a major claim, however, some will strip away your entire bonus.

Nine out of ten drivers that have a bonus that they are desperate to keep, according to insurer More Than, and many would pay for any accident damage from their own pocket rather than sacrifice it. One in three of us have damaged our cars without claiming on a policy.

There is another reason to avoid claiming for every scratch and bump. Many insurers automatically reject new drivers who have claimed in the previous three years, which makes shopping around harder. For example, esure.com only accepts new customers with a minimum of four years' no claim bonus.

It's worth asking your insurer if your bonus will be affected if the accident wasn't your fault but the cost cannot be recovered, say, because the other driver wasn't insured. Also ask whether you can apply your bonus to a second car.

Think twice before buying extras such as alloy wheels - they are easy to steal, impossible to trace, and any claim will dent your no claims bonus.

Alternatively, you could pay a little extra to protect your bonus. This will typically add between 5% and 15% to your premiums, depending on the insurer, but it means that even if you do claim, you won't write off your bonus. Check the details of any protected bonus scheme carefully though, because some insurers will still push up your premium if you make a certain number of claims within a set period.

Remember, your no claims bonus is portable. So when shopping around for a new insurer, always tell them about your bonus.

Online car insurance

Thanks to the internet, it's easier than ever to search through quotes from rival companies to get cheap car insurance in the UK.

If you are using an online price comparison site like uSwitch you have to supply quite a lot of information, because how much you pay depends on personal factors such as your age, sex, occupation, where you live, what car you drive and whether you have any motoring convictions.

That's because insurance companies partly base their premiums on how likely they think you are to make a claim, and the potential size and cost of any claim. Of course, nobody can predict accidents, but they do complex sums to work out who is more likely to have them.Younger drivers, for example, are five times more likely to have an accident than a driver aged 35 or over, and are therefore punished with far higher premiums. Some insurers won't touch them at all. And here's a blow to male pride: contrary to the outdated stereotype of women as rotten drivers, they have a better motoring record, and grateful insurance companies reward them with cut-price rates.The flashier your car, the higher the repair bill. So you pay less to protect a Vauxhall Vectra than a whizzy BMW. If your taste in motors runs to a flash sports car, the cost of cover can quickly go through its soft-top roof.

Premiums will also depend on other factors, such as how many miles you drive each year (the more you drive, the greater the chance of a crash), where you park at night (it's safer in a garage than on the road), and whether you have fitted any security measures to deter thieves (yes, they do work).

Car Insurance FAQ

How do I buy car insurance online?Simply click on the link above and fill out a short form and a few car insurance agents will contact you within a day to quote you on your car insurance.

Is it really safe to get car insurance online?Of course! The web has proven to be a very efficient way for price savy consumers to do quote comparisons for car insurance quotes when shopping for insurance. The majority of online insurance providers are safe legit companies that are safe to do business online with. If you have any reason to believe otherwise, check with your local government's website or ask for their business ID and check with the BBB.

Can I get any car insurance company to sell insurance to me?Well this will depend on your driving record. Legally, yes any car insurance company doing business in your state can insure you. However, if you have a bad driving record, then some companies might think twice about offering you auto insurance. Most of the larger companies such as Geico, AIG, Progressive or 21st Century will still offer you insurance, but just at a higher cost if you have a bad record.

What to watch out for while shopping for car insurance online?Car insurance companies online might offer you a lower rate than a brick and mortar only company in order to get your business because they know you can just go to any site to get auto insurance quotes. Make sure while comparing prices and car insurance quotes, that you provide the same information about yourself or your quote request might not be as accurate as needed to compare rates. Also, be sure you are asking about the samelevels of coverage since the price of a policy depends on how much coverage you are interested.

Is it safe to give out personal information when I request a car insurance quote on the internet? Most advertised car insurance companies on the Internet are legitimate providers and will be upfront. Just make sure you don't read through your spam emails and click on any of those links. Those spammers will end up storing your information and sell it a bunch of times and then respam you again because they know you will respond to spam.If I try to buy car insurance online will I get my policy from the company who runs the website? Typically, the answer is yes for companies such as 21st Century, Geico or Progressive. However, there are a few other sites out there that will help you do the comparsion shopping and send your info to a few car insurance agents.

How do I file a claim with an online car insurance company?Filing a claim via an online car insurance company is just about the same as with any other car insurance company. You usually have to phone your car insurance to get details and more detailed instructions on filing a claim. It is just as easy as if you had purchased your car insurance from a local insurance agent.Can an online car insurance provider get me the lowest rate? One advantage that online car insurance websites have is that they will represent multiple car insurance carriers. This allows them to give you quotes from multiple insurance carriers, and helps you to find the cheapest insurance provider.

Is it faster to purchase car insurance online instead of from a local auto insurance agent?This will depend on whether the website selling the auto insurance is run by the insurance carrier or just a reseller. There is really no way to tell except to read each companies website or try emailing them for a response. In some cases the online insurer can issue a policy online and give you a proof of insurance form to print out for your records if you need the insurance instantly.

How do I contact my state’s local Insurance Commissioner to check out on an online car insurance company?You can search the web for your state’s Insurance Commissioner’s Office website, or you can call them on the phone.