| Car insurance companies are clever and even the | | | | wish to cancel your coverage, you must send a |
| best can mislead their clients by missing out certain | | | | letter stating this. By just switching companies at the |
| information. If you take the time to learn some | | | | end of coverage period you are still liable to pay the |
| lesser known secrets about choosing a policy you | | | | bill for the company you didn't notify. Failure to pay |
| should be able to find some lower quotes. | | | | after this will then result in a negative being added to |
| Lending your car to others is quite a risky thing to | | | | you credit record. Always make sure to let your |
| do, even if you trust that person. If they don't have | | | | company know exactly when you wish to cancel the |
| insurance and get into an accident, it will be you | | | | policy. You may be required to send off a cancellation |
| having to claim for any damages, which in turn will | | | | form which you must sign to verify your claim for |
| probably increase your insurance rates. | | | | cancellation. |
| Remember that your personal items and property | | | | Some companies charge a little extra when you |
| you keep inside your vehicle will not be covered by | | | | request to pay in installments. When requesting a |
| your car insurance. So if anything is stolen or | | | | quote for a new policy, don't forget to request |
| damaged whist in your vehicle you will have to claim | | | | information on how they handle this. If the fee for |
| this on your home contents insurance instead. | | | | paying in installments is small it doesn't really affect |
| Making a claim will generally lead to your insurance | | | | your choice, but look out for companies that add a |
| company increasing your premiums. If this happens to | | | | high administrative fee for this option. |
| co-inside with a change in your personal | | | | Sports cars and other high performance vehicles |
| circumstances, you might find that premium jumps up | | | | have much higher risk factor attached to them as |
| massively. When you turn a certain age you might | | | | statistically drivers of these cars are much more |
| end up in a higher risk category, making your | | | | reckless. Due to this, you can expect to pay a |
| premium higher. But on the plus side, your insurance | | | | considerably higher premium to that of a sedan |
| premium will decrease for certain ages too! | | | | driver. |
| It is stated in most insurance policies, that when you | | | | |