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Picture this. You finally bought and got your hands on the car you saw at the Beverly Hills Car Club . This was the car you’d been dreaming of. You’re excited to drive it. Since you love it so much, you don’t think much, and you immediately set out to purchase car insurance. However, after signing up for a plan, you realize that the premium amount is too high or that certain features are missing from your coverage. That’s when you start realizing all the car insurance mistakes you made. Car insurance can be

The number one mistake that most people make is not to perform an apple-to-apple comparison of the various car insurance policies and plans. Many people just settle for the first policy they come across and end up paying more in premiums than what they should have paid. Before you purchase a car insurance plan, it’s important to compare similar policies from various providers.

Deductibles, also known as excesses, are the amount you pay out of your pocket every time you make a claim. A higher excess means lower premiums and vice-versa. Many people overlook this aspect to keep their premium rates low. However, it is important to consider the deductibles before signing up for an insurance policy. A higher deductible reduces the liability of the insurance company, and therefore, they provide lower premiums. Ignoring deductibles can increase your premium amount significantly in the lo

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