Auto Insurance (9)
Article
If you increase the excess payment on your car insurance you'll save a lot on your premium. This article explains. Why Excess payments are so important to drivers
An excess payment is the fixed contribution you must pay each time your car is repaired through your car insurance policy. Normally the payment is made directly to the accident repair garage when you collect the car. If your car is declared to be a write off, your insurance company will deduct the excess agreed on the policy from the settlement payment it makes to you.
If the accident was the other drivers fault, and this is accepted by the third party's insurer, you'll be able to reclaim your excess payment from the other person's insurance company.
What is a Compulsory Excess?
A compulsory excess is the minimum excess payment your insurer will accept on your insurance policy. Minimum excesses do vary according to your personal details and driving record and by insurance company. Today the average excess is around £100, but younger drivers could be faced with excesses of up to £500 - whilst more mature, experienced drivers with a good driving record, could be offered an excess of just £50.
So what is a Voluntary Excess?
In order to reduce your insurance premium, you may offer to pay a higher excess than the compulsory excess demanded by your insurance company. Your voluntary excess is the extra amount over and above the compulsory excess that you agree to pay in the event of a claim on the policy. As a bigger excess reduces the financial risk carried by your insurer, your insurer is able to offer you a significantly lower premium.
The garage has repaired my car but it won't release the car too me until I pay the policy excess to them. Is this right?
Yes, that is normal practice. But make sure you inspect the car when you collect it. Satisfy yourself that the repair is perfect. Then make sure you keep their receipt for your excess payment as you will need this if you're reclaiming against a third party's insurance. And just in case there's a dispute, it's a good idea to make sure the repair garage gives you a repair schedule. This will list all the repairs that were made to you car.
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Driving in Mexico
Includes information on emergency services, legal rights, customs, permits, government organizations and driving in Mexico. http://www.car-insurance-for-mexico.com/
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Mexico Insurance
Mexcarinsurance.com is one of the leading authorized Mexican insurance company founded in 1975 with offices in New York and in 23 states of Mexico http://www.mexcarinsurance.com/
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No Claims Discount UK - Car Insurance
NoClaimsDiscount news, info and reviews on insurers. http://www.noclaimsdiscount.co.uk/
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Auto Insurance Helper
Auto Insurance Helper will assist you with all of your car insurance questions. Know exactly what coverage you need and exactly what you are getting. Understand your auto policy and know how to file a claim. Save money by comparison shopping and getting auto insurance online quotes. http://www.auto-insurance-helper.com/
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Mexico Auto Insurance
Private Health Associates, U.S. offers Mexico insurance services online. Apply now for online purchase, auto, home and recreational vehicle coverage in Mexico. http://www.phahealth.us/
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Texas PEO
Houston, Texas based company, is a PEO industry leader committed to providing a high level of service to its clients http://www.hapeo.com/
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Breathalyzers UK shop Discount breathalyzers has oneof the largest range of alcohol breathalysers in the UK. We stock a wide range for personal and professional use, including the AL6000, AL5000, CA2000 and Alcohawk series. We also sell accessories and offer calibration. http://www.discountbreathalysers.co.uk/
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Van Insurance
We have excellent insurance rates and cover for small van's and transit van's. http://www.edwards-associates.co.uk/insurance/van-insurance.htm
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Brampton Mississauga Body Shop, Used Preowned Car Sales And Automotive Services Repairs
Bodyshop, car sales and automotive services and repairs in Brampton Mississauga. All auto insurance companies accepted and we pay deductible in all Toronto (GTA), as Brampton, Mississauga, Rexdale, Milton and Halton. Most advanced body shop service http://www.autocarcity.ca/
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