Welcome to Need to Know!
Car insurance in NZ
• Third party liability cover for at least $5 million
• Comprehensive cover for the vehicles full value, including window and windscreen breakages
• Fair and reasonable exclusions only.
Car Insurance Policy
Your car insurance policy is one of those expenses you just pay each month without really thinking about it, and it’s an expense most people assume they’re always going to pay so much for. You’re incorrect in this line of thinking. You can pay lower rates for your car insurance, and you can do it very easily in many cases. You don’t need to buy a brand-new car or get your credit back on track to lower your car insurance premiums. These things do help, and they will lower your rates, but they’re not the only options you have. If you want to lower your rates, call your car insurance agent and ask them for a copy of your policy so you can check all the following information.
Check Your Mileage
One of the most common mistakes found on a policy is the mileage of your vehicle. If just one number is incorrect, your policy can change significantly. Check to be sure your mileage is listed correctly on your car insurance policy. If it’s not, call and correct it so you can see a lower rate come your way.
Check the Doors
All it takes is one incorrect click of a mouse for someone to accidentally add two doors or subtract two doors from your car. This affects your car insurance policy, and you don’t even know. Be sure your Youi NZ Car Insurance policy lists the correct number of doors in your vehicle. If it has you listed as a two-door car rather than a four-door sedan, you might be paying more than you realize.
Check the Model
This isn’t a mistake as easily made when you’re working with a car with a name rather than a series of letters or numbers. For example, your car insurance policy is more likely to mistake an Acura MDX for a TRX than a Honda Accord for a Honda Civic. Either way, check the model. Many sound the same or have the same letters or numbers, and this can affect how much you’re paying for your car insurance policy.
Check the Year
The year of your vehicle also makes a difference in the amount you pay for car insurance. Be sure it’s listed correctly on your policy to avoid overpaying for your premium. Newer cars are usually less expensive to insure because their parts are easier to come by than older cars no longer made.
Your insurance policy depends on more factors than can be listed for just one person. The easiest way to lower the cost of your premium is to simply check that all your information is listed correctly. Insurance companies make mistakes like any other human, and you can correct them with ease. If all your information is listed correctly, you know you’re paying a proper fee to have insurance. If not, ask what it might do to your policy to change that information so it’s correct on your policy. It might surprise you in a pleasant manner.