Tips for renewing car insurance | Afrilatest

Your insurance policy is about to expire and you want to get a good deal on renewal? So follow this article and learn the most important tips for renewing your car insurance.

Anyone who has car insurance knows that this is necessary protection to ensure greater peace of mind regarding the vehicle, and to minimize financial losses in the event of an accident.

However, even understanding the importance of this service, not everyone is willing to pay a high amount to purchase or renew car insurance.

If you are one of these people, you need to follow this article and learn some important tips for renewing your car insurance and saving money.

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Why is it so important to have car insurance?

Anyone who has a vehicle, be it a car, motorcycle, truck or any other category, knows how important it is to have quality car insurance these days.

After all, the risks involved are many, and car insurance can bring more peace of mind.

This service is capable of protecting you in cases of theft, theft or accidents, as well as many other situations, bearing part of the loss, or depending on the accident with the total value of the vehicle.

This way, financial losses are avoided for the owner.

Therefore, anyone who has car insurance should not see it as an additional cost, but rather as an investment.

After all, if the driver is involved in any of the types of accidents covered by the insurance contracted, the vehicle can be repaired more easily, thus minimizing losses.

How to renew car insurance

If you are reading this article you certainly have a vehicle and already have car insurance taken out.

And, the chances of your policy nearing its end must be high.

Therefore, the chances of being surrounded by doubts about renewing your car insurance are high.

The first thing you need to know is that yes, it is important to renew your insurance and keep your vehicle protected from possible problems and accidents to which it is exposed every day.

Know that to renew your car insurance the process is simple, but it requires a certain amount of time and a lot of attention.

After all, during renewal it is possible to choose another insurance company, coverage, benefits, negotiate discounts and a series of other details.

Here are some tips for renewing your car insurance

To help with the main questions on the subject, we have prepared a list with countless tips for renewing your car insurance, getting the best value for money, follow along!

Discover the 5 most reliable insurance companies before seeing whether you will opt for your current one 🙂

1. Do not let last minute

The first tip for renewing car insurance is about the deadline for renewing it.

The sooner you start researching renewal, the greater your chances of getting a good deal.

The best time to renew auto insurance is at least one month before your policy expires.

Those who wait to renew their car insurance close to the expiration date always end up rushing through everything, and don't always get the best benefits.

The ideal is to research plans in advance, this way you can research different prices and coverages.

It is worth remembering that you are not obliged to take out insurance with your current insurer.

Therefore, also check what other companies have to offer.

For those who don't have much experience, it's worth consulting a broker.

A specialist will be able to present the best proposals to the user, seeking a fair value and the most beneficial coverage.

2. Search very carefully!

As mentioned, it is essential to research before taking out or renewing insurance.

There are many insurance companies available on the market and it is common to find significant differences in values ​​and benefit offers between them.

Therefore, it is advisable to make several quotes, this way it will be easier to actually find a company that offers good coverage with the best price and conditions.

And remember that considering just the lowest price is not the best choice.

It is also important to consider issues related to the insurer's service, coverage, benefits, waiting time for problem resolution in the event of an accident and much more.

Sometimes, a slightly more expensive plan can be much more advantageous in the end.

Furthermore, having a list of proposals also allows for better negotiation with companies.

Many insurers cover competitors' offers, but to take advantage of this benefit you will need to have several well-detailed proposals made for your profile.

3. Negotiate the values

Do not accept the values ​​presented by the insurance company at first glance.

In many cases, with just a little bargaining it is possible to considerably reduce the proposed values.

If you have a good driving record, use that to your advantage.

One of the ways to get a discount is to increase your responsibility in relation to the value of the franchise.

In this situation, if an accident occurs to the vehicle, your deductible will be higher.

In other words, you will bear a considerable part of the loss.

On the other hand, the values ​​of the insurance installments become lower.

If nothing happens to the vehicle, even better, your investment will have been even more worthwhile.

4. Make use of your bonus class

Many people don't know, but the time it takes to take out insurance, without registering any claims, generates points in a system known as bonus class in all insurance companies.

These points can be used to benefit the driver when renewing their car insurance, being converted into significant discounts on the total premium payment.

The best part is that these points are linked to the insured's CPF, meaning that even if they change insurers upon renewal, they will have this benefit.

Often, however, companies don't address this possibility — so ask!

5. Inform the insurance company about changes to the vehicle

If you intend to renew your car insurance with the same insurance company that currently protects you, know that the chances of getting rid of the mandatory inspection are immense, especially if you renew it within the current policy's term.

However, if any changes have been made to the vehicle, it is essential that the insurer is informed at the time of renewal.

And, in this case, a new inspection will be inevitable.

It doesn't matter if it was just a headlight change, or if a more complex modification was made to the vehicle's structure, such as lowering, for example, it is important that all changes are informed.

This is because, when the insurance company is not aware of these changes and a claim occurs, it may refuse to pay compensation.

The common allegation is that the client acted in bad faith.

To avoid this problem, always inform the insurance company about the changes.

6. Invest in vehicle safety resources

In addition to having car insurance, it is worth investing in other safety equipment.

They will help ensure your peace of mind and can also significantly reduce the value of your insurance premium, whether when contracting or renewing the service.

It is worth considering the installation of trackers, alarms, locks and special mechanisms, closed parking lots and a range of other possibilities.

Equipment and measures such as these make it difficult to steal the vehicle and facilitate its recovery in the event of robbery and theft.

For example: a car that is parked in a private garage all day can be insured at a cost of up to 15% less than a vehicle that remains parked on a public road.

7. Carefully analyze the insurance company

Regardless of whether you renew your car insurance with your current insurer or a new company, it is important that you check the insurers' credentials and the quality of service provided by each of them.

An insurance company can only act if it is duly registered on the SUSEP – Superintendency of Private Insurance website, and consequently authorized to do so.

Therefore, it is important to access the Superintendence website and research the company you have been negotiating with.

It is also important to evaluate how easy it is to contact the insurance company.

As well as the ease of obtaining assistance and payment of amounts, in the event of an accident.

If you already have a contract with the company, remember how you have been treated in recent months.

• When an accident occurred, did you receive easy assistance?
• Was your broker ready, or was it necessary to insist on contact?

It is also worth checking the opinion of other consumers about the company.

Research the company on the internet, and read the comments about each one on their social media pages.

Many consumers express their satisfaction, or dissatisfaction, on sites such as Facebook and Twitter.

8. Read the policy carefully

Finally, it is important that you are very careful when signing the policy and read it carefully beforehand.

By signing you will agree to all the clauses detailed in it, so be aware of issues such as:

• What are the rules for obtaining coverage?
• What are the installment and deductible amounts?
• What are the payment methods, rules for non-coverage and others?

All data must be explicit in the agreement, and both parties must agree to the conditions.

If in doubt about any aspect, ask the broker about the matter.

How does insurance renewal with a claim work?

If you are looking to renew your car insurance, but have had an accident during the current term, the first thing you need to know is that no insurer is obliged to accept any type of risk.

In other words, there is a possibility that the current insurer will refuse to renew insurance with a claim.

It is also possible that she accepts, but charges a higher amount than the first contract, due to the occurrence of the accident.

If your current insurance company refuses to renew your car insurance, it is important that you know that there are still many other companies on the market and, just because one company rejected your insurance proposal does not mean that others have also refused.

Therefore, it is very important to research contracting the service with different companies, regardless of whether you have an accident in your history or not.

You can count on help from Afrilatest when renewing your car insurance, as you can search for prices from different insurance companies on the portal.

Then, you will have an easier time negotiating with your current insurance company and closing the best deal for your car and your pocket.

The entire process is quick and simple.

To make your inquiry, simply indicate the coverage you want.

Then, a broker specializing in insurance will help you compare the plans, showing you which one is the best cost-benefit for your goals.