Your first car insurance

What to consider and why you may be paying too much.

It’s finally happening: You’ve got your own car. It’s your ticket to freedom and, out of all the cars you’ll ever own, this one will always be a little bit special. However, before you can get behind the wheel, you have to insure it and there are an astonishing number of choices available. To avoid paying too much for insurance you don’t need, your best bet is to talk to a broker. Here are a few things they can help with:

Avoid paying too much.
There’s a good chance that your first car isn’t going to be too valuable, so getting the right amount of insurance will be tricky. You want to make sure you’re covered, but you don’t want to insure a car for a lot more than it’s worth. A good broker will research three options for you:

  • Full Comprehensive Insurance
  • Third Party Liability Insurance
  • Third Party Liability Insurance with added Fire and Theft protection

Stop lawsuits.
Lawsuits relating to an accident have spiked recently, so it more important than ever to make sure that you’re protected. Most insurance policies will have a built in contingency for lawsuits, but your broker will be able to make sure. It’s also important to think about your liability when carrying passengers, and about how your policy treats pedestrians.

Effectively manage your insurance.
Managing insurance effectively can help you get accident forgiveness and lower rates faster. A broker will be able to advise you on how insurance relates to any minor dents, dings, and scrapes that a newer driver may inevitably collect. Brokers work for you, so they can advise you about how insurance will react, how your premiums will be affected, and any alternative you can take.

Cooke Insurance is an expert at getting motorists on the road with the best policies and helping them stay there for years to come. Come speak to us today!

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