What to consider when choosing Auto Insurance?

Are you confused about what to consider when choosing Auto Insurance coverage? Don't worry, because in this article we will show you the most important items that should be considered when purchasing this service.

Having car insurance is essential these days to improve your quality of life and ensure the safety of your vehicle. However, when it comes time to purchase this service, many people get lost.

It is common to get confused when defining the coverage of an auto insurance, exactly for this reason, we prepared this article with the main items that you should evaluate when choosing the coverage of the Auto Insurance. Follow along and see what they are.

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Why is it important to take out car insurance?

Auto insurance provides coverage against a range of accidents involving your vehicle, from collisions to accidents involving falling trees, floods and fires.

In addition, it protects you from situations such as theft or robbery of the vehicle, or parts and accessories, and broken windows.

It is also possible to count on services such as compensation for damages to third parties, this type of coverage covers situations in which the insured causes damage to third parties, whether material, bodily or moral damages.

To take out car insurance, you need to pay the price of the policy and bear the cost of the deductible in certain situations. However, these costs added together are always cheaper than paying for the same possible damages privately.

Think about it, it is much better to bear the cost of the policy and receive full compensation if your vehicle is stolen than not to hire this type of service and be at a loss.

What do you need to consider when choosing auto insurance coverage?

There are several types of auto insurance coverage, however, when you decide to purchase this type of service, you need to pay attention to other things besides the coverage.

See below the most important items to evaluate when choosing auto insurance coverage:

1. Assess your needs

The first thing to consider is your real needs. Understand that having car insurance is essential, however, depending on your vehicle usage routine, some coverage options may or may not be necessary.

Therefore, it is best that, before you even start researching the types of coverage and insurance companies available, you know your needs.

And to do this, you just need to take a few minutes out of your day and carefully analyze your habits regarding your vehicle.

Do you use your car a lot, or do you drive it less? A car that gets used more often should have greater protection, but if you don't use it that often, you can count on simpler coverage.

The same logic applies to questions like: Do you usually park on the street or park in parking lots? How many times a year do you travel? Does anyone else drive your car? These are important questions that will help you determine the best type of coverage for your situation.

2. Evaluate the available insurance companies

Now that you know exactly what your needs are when it comes to purchasing auto insurance coverage, it will be easier to choose an insurance company that best suits your profile.

Get as many quotes as possible. The more companies you search for, the greater your chances of making a good deal.

Evaluate payment conditions, prices, coverage, additional services, benefits and all contracting conditions.

It is also important that you analyze the company's reputation, this research can be done on the Reclame Aqui website, where users of different companies evaluate customer service, services and a few other items.

In addition to the reputation research, it is interesting that you check whether the selected insurance companies are duly registered with SUSEP – Superintendence of Private Insurance, the body responsible for regulating the private insurance sector in Brazil.

3. Evaluate the franchise

Many people worry too much about the value of the policy premium and forget to evaluate the price of the deductible, which is as important, if not more important, than the value of contracting the service.

After all, the deductible is the amount that must be paid to the insurance company when a claim occurs and you need to use the insurance. It is worth noting in this case that the higher the value of the policy, the lower the value of your deductible will be, and vice versa.

So, when setting your deductible, consider things like how often your car needs repairs or lets you down, as well as your chances of getting into a traffic accident or having a more serious problem.

4. Evaluate the discounts and benefits offered

Do you have tracking equipment in your car, or other anti-theft items, that can ensure greater security?

So pay attention to these details, most insurance companies offer good discounts for cars that have this type of equipment.

Furthermore, people who have good driving behavior, few fines and always park in safe parking lots can count on more benefits when taking out car insurance.

Another important point to be evaluated is the benefits related to services offered by the insurance company. All of them offer a coverage called '24-hour Assistance', which provides services such as towing, locksmith, mechanical assistance and a series of other things.

Carefully analyze what each company offers within this coverage and whether it will be free or not within the coverage you have chosen.

Count on the help of a broker

By paying attention to these four points shown above, you will certainly be able to make a good deal. But if you still have doubts about how to proceed with the hiring and how to choose the auto insurance coverage, it is best to seek the help of an insurance broker.

By doing this, in addition to saving time and effort, you will be more certain that you are making the right choice. However, look for a trustworthy professional who is duly registered with SUSEP.