Insurers offer policies for all tastes, with many coverage options, prices, and attributes, so you can find the best car insurance option by quoting the different market alternatives.
One of the decisions you must make is to define the type of insurance. For that, keep in mind some differences:
- Complete coverage: you have access to multiple services, such as the brand workshop. This coverage is highly recommended for new cars, as it provides confidence in the premiere.
- Medium coverage: this plan is recommended for older cars where, for example, the brand workshop is no longer so important.
- Total loss: this type of insurance covers accident cases, where the car is disabled or stolen and does not appear. We recommend that you find out how to hire it and what benefits this coverage includes.
- Civil liability: it is one of the most basic types of insurance since it contemplates the cost for damages and injuries caused to third parties according to the amount indicated by the company. Ideally, you should be informed about what civil liability entails.
- Total loss with civil responsibility: it is the cheapest insurance, but it has the disadvantage that to become effective the car must be destroyed or stolen. In the event of any other unforeseen event, it does not provide coverage. In this case, you must know your level of risk when driving.
When making a decision you should consider what your driving history is like. If it includes collisions, it may be best to choose the coverage that has no deductible, or a very low one. If, on the other hand, you have no claims, a good choice may be insurance with a higher deductible.
What does all auto insurance have in common?
All vehicles are required to have liability coverage. What does this mean? You have coverage that takes care of the expenses when you hit a third party. The support of the insurer applies from costs associated with personal injuries and death to material and moral damages.
Optional coverage for your insurance
Having or not having liability coverage is not something you can choose. However, there are other optional coverages for your auto insurance that do depend on your decision:
- Material damage: You have the possibility of having coverage for collisions, overturning, glass breakage, fire, and explosion.
- Theft coverage: used when there is a total or partial theft. However, it does not include damages to third parties caused by the stolen vehicle, damages before the accident, or particular objects inside the vehicle.
- Material damage due to malicious acts: applies if someone intentionally damages your vehicle.
- Material damages due to strike or terrorism: includes coverage due to the action of violent demonstrations, riots, marches, strikes, popular uprisings, or civil confrontations. Keep in mind that it does not apply for reparations by police or armed forces for subduing or reprimanding protesters.
- Damage due to risks of nature: in this case, car insurance covers damage caused by torrential rains, floods, earthquakes, tsunamis, volcanic activity, avalanches, or landslides.
- Brand workshop: it consists of taking your vehicle to an official brand workshop when you need a repair, in this way you will be sure that the parts are original and the personnel in charge is the most competent.
In addition to these coverages, which are exclusive to address damage to your vehicle, there is another decisive assistance when choosing the best auto insurance for you:
- Replacement driver: assistance in which a driver, sent by the insurer, moves your vehicle when you cannot drive.
- Professional driver: driver arranged by the insurer, in case you cannot drive due to death, accident, or illness (road service).
- Criminal defense and constitution of bail: you will receive advice or assistance from a lawyer in civil or criminal proceedings due to a traffic accident.
- Damages abroad: if you are making a road trip in any of the countries that are part of Mercosur, your vehicle will be protected against material damage. Please note that damage to third parties and vehicle theft are excluded.
- Technical revision: you have the possibility of carrying out the obligatory vehicle technical revision of your car completely free. Only certain insurance conditions apply.
- Replacement car: assigned by the insurer when your vehicle suffers a total and/or partial loss.
What other factors influence finding the best insurance?
In addition to what you want, there is what the insurance company is looking for. Insurers will attempt to establish a profile of how accident-prone you may be and estimate whether or not you will be able to afford your auto insurance payments and premiums. Here are some factors that influence this decision:
- Age: if you are very young, the price of your policy is higher. In general, people between 40 and 50 years old are “ideal” drivers for companies, because they are considered “more responsible”.
- Marital status: if you are married, your policy premium may be lower than if you are single, widowed or divorced; this occurs because the number of claims is lower among married people.
- Geographic location: some insurers establish different risk zones, all based on population density and vehicle traffic.
- Data of your vehicle: the type, model, make and year of your car are determining factors. It all depends on the cost of spare parts and their availability.
- Legal and financial situation: Insurers also look at your legal and financial history to establish a profile and see how “risky” their insurance could be.
Strategies for choosing the best auto insurance
We recommend you take into account some strategies when choosing the best auto insurance:
Compare
Call the companies that offer auto insurance several times before making your final decision. You can even make them compete with each other for your benefit. Not wanting to lose a client, it may be that they offer better conditions than other companies, as long as the values that they have sent us a budget in the previous one are reported. If you have been insured with the same company for a few years, you can also request a discount.
stay positive
You must have an active attitude towards the search for auto insurance. Do not accept the first option that appears, but take it as an example. Remember that agents earn more commission if the policies are higher. When looking for prices, keep in mind that the following circumstances help to lower the cost: not having a history of fines and accidents or late payments.
It should be noted that some companies offer better conditions to married people with children than to single people, due to a matter of priorities or payment possibilities.
Look for more information
Compare with other services in nearby countries, which although they are not the same as the policies offered in your city of origin, they are interesting to know what else to ask for in exchange for contracting. In this way, you may not save by paying less, but the coverage will be greater.
Finding the best car insurance can be complex: calling all the insurers and reviewing each policy can take a long time, and even then, it is difficult to access all the necessary information.
However, with our comparator, you can compare all car insurance at the same time, in one place and online. Quote your insurance by entering your data in the form and seconds you have the results. Compare prices and coverage and choose the best auto insurance according to your needs.