Skip to content
  • Auto Insurance
  • Health Insurance
  • Insurance Law
  • Business Insurance
  • Family Insurance
  • Medical Insurance
Risk and Insurance

Risk and Insurance

Lets find out Risk at insurance

  • Home
  • Insurance
    • Auto Insurance
    • Business Insurance
    • Family Insurance
    • Home Insurance
      • Property Insurance
    • Insurance Law
    • Travel
    • Health
      • Medical Insurance
  • General
  • Life Annuities
  • Blog
  • Contact Us
  • Toggle search form
  • Common Insurance Risks for Contractors Property Insurance
  • Low cost Excessive Danger Automobile Insurance coverage General
  • Insurance coverage Regulation Attorneys Guarantee Equitable Settlements Insurance Law
  • car insurance
    Five Mistakes to Avoid Getting the Best Results when using a Car Insurance Calculator Auto Insurance
  • How to Jack Up Your Term Insurance Policy Coverage After Buying it? Health Insurance
  • Greatest Auto Claims Administration Companies for 2017 Auto Insurance
  • Enterprise Insurance coverage – Is It Required Or Simply A Wastage? Business Insurance
  • Risk and Insurance Q and A Guide for Trustees and Charities General
car insurance

Things You should Know about Your Policy

Posted on 11-07-201822-03-2021 By WebEditor No Comments on Things You should Know about Your Policy

car insurance

It is common knowledge that getting a cheap car insurance quote, for anyone who has ever gone shopping for auto insurance, can be like pulling teeth – and no one likes the dentist. The next time you are seeking for insurance, it will be great to ask about some of the unique features that are offered by the major insurers that most people are not aware of.

  1. Your car is insured, but the items inside it may not be:

It should not be a surprise that your insured vehicle(s) is/are covered in the event of an accident. What may surprise you is the fact that the personal possessions which you may be carrying in your car are considered to be separate from the car itself is not factored into the value of the vehicle, and is therefore outside the coverage of the policy. What you can do against this quite annoying part of your car insurance policy is to buy extra coverage under your home insurance.

  1. You do not always have to sell yourself short:

The standard practice nowadays is to be provided with a report of the history of a vehicle at the time of purchase. While this works out great for the buyer, the seller of the vehicle might not be as happy as you would expect. The reason is this: If there had ever been a hard bumper-to-bumper smack, the vehicle would have lost its’ value, even if it wasn’t their fault.

At the time of sale, that translates into a loss. You may not realize it, but when you get involved in an accident, whether it’s a total disaster that leaves your car looking like a ball of tinfoil or just a dent in the fender, you can call on your Ontario auto insurance company, and while they are paying for your repairs, you can ask them to give a reimbursement for your future losses! This known as a diminished value claim, and while it can vary in amount and availability depending on your particular policy, it is worth asking for.

  1. Your insurance agent can be helpful:

Your insurance might pay the associated taxes & fees if you total your vehicle. It is not a feature in every policy, or available in every province, but it’s worth asking for. The last thing you want to worry about if an accident should happen is whether or not you are liable for HST.

The point here is, your insurer can be your friend, and not just another bill collector. You now know some of the hidden facts of your policy; take it to your agent and see how much you will save with car insurance quote in North York or elsewhere.

  1. Slash costs by reducing payments:

You can treat your policy in a similar way like your credit card balance, and save money in the process. If you accept to pay your entire premium in one or two lump sum, you will escape the high fees you would otherwise be subjected to. Ask your agent if your policy can be paid in this manner.

For a in person auto insurance quote, you can visit our North York office:


Ultimate Insurance

45 Driftwood Ave Unit 1301

North York Ontario

M3N 2M4

Canada

(905)266-0532

Auto Insurance

Post navigation

Previous Post: User-Friendly Methods To Renew Bike Insurance
Next Post: Who needs Medicare Supplement Plan?

Related Posts

  • Ought to I Let My Insurance coverage Firm Deal with My Private Harm Settlement? Auto Insurance
  • 7 Advantages Of Refinancing Your Auto Loan Auto Insurance
  • High Methods to Save on Auto Insurance coverage Auto Insurance
  • 5 Coverages You Need to Know About Auto Casualty Insurance Auto Insurance
  • A Handy Guide to Bike Insurance Policy in India Auto Insurance
  • Variables that Can Impact the Motorcycle Insurance Premium Auto Insurance

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Recent Posts

  • 7 Advantages Of Refinancing Your Auto Loan
  • Interesting Facts About Electric Bikes and Electric Two-Wheeler Insurance
  • Illegal Car Modifications You Need to Avoid
  • How ULIPs Can Be Used For Retirement Planning  
  • Taxability of medical insurance premium paid by the employer

Author Bio

Category

  • Business Insurance
  • Family Insurance
  • General
  • Health Insurance
  • Home Insurance
  • Life Annuities
  • Travel Insurance

Categories

  • Auto Insurance
  • Business Insurance
  • Family Insurance
  • General
  • Health Insurance
  • Home Insurance
  • Insurance Law
  • Life Annuities
  • Medical Insurance
  • Property Insurance
  • Services
  • Travel Insurance
  • Methods to Pay Off Medical Payments If You Do not Have Healthcare Protection Medical Insurance
  • Difference Between Private and Commercial Car Insurance Auto Insurance
  • Buying Enterprise Insurance coverage for the First Time? Issues You Must Know Business Insurance
  • Why Zero Depreciation Car Insurance Is so costly in India? Auto Insurance
  • Benefits of using an Independent Insurance Broker Health Insurance
  • Well being Insurance coverage Prices and Fashionable Medication Medical Insurance
  • Getting Well being Insurance coverage in an Emergency Health Insurance
  • 5 tips to avail the best 2 wheeler insurance quotes for your vehicle. Auto Insurance

Quick Links

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Sitemap

Recent Posts

  • 7 Advantages Of Refinancing Your Auto Loan
  • Interesting Facts About Electric Bikes and Electric Two-Wheeler Insurance
  • Illegal Car Modifications You Need to Avoid
  • How ULIPs Can Be Used For Retirement Planning  
  • Taxability of medical insurance premium paid by the employer

Email NewsLetters

Subscribe Our Email Newsletter
Loading

Calendar

March 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Dec    

Copyright © 2023 Risk and Insurance.

Powered by PressBook News WordPress theme