Motor Insurance - Beware your quote may not be quite as it appears.

We all have transport namely cars, vans or motorcycles and all these modes of travel need to be insured.There are many questions that have to asked prior to a quotation being given, all of which have a baring on the premium and the terms offered for each risk.

With the influx of the Comparison websites a great many people attempt to get their own quotations, unfortunately this has produced a few problems which people should be aware of.

The accuracy of the answers is very important and people can inadvertently put in the wrong details thus rendering the policy void with any claim not being dealt with. Some people mis-read the questions e.g Details are required of all motoring convictions-They then fail to put down details of convictions that are not on the driving license.

The second problem arises when people endeavour to manufacture a premium suitable to them by withholding various key facts. Such information is vital to the underwriting process and by simply lying about "Who the main Driver is" or "Where is the vehicle is parked overnight" can render the insurance invalid.

Another trick used by companies is to increase the Policy Excess that you have on your policy unbeknown to the policyholder. There are 2 of types of excess that exist on a policy, the "Compulsory" excess that all policies have, and a Voluntary Excess that you can adjust. One Comparison site boasted that increasing the voluntary excess to £500 would result in a saving of between 25 and 30%. What it didn't say that was that the voluntary excess would apply as on top of any compulsory excess which could potentially result in an excess of £1000!

So, people think "Yes i don't mind paying the first, say £200" and i will get a 5% discount of the price.What they fail to realise is that lurking on the policy there is already a £150 Compulsory Excess therefore in the event of a claim they will have to pay the first £350.

It is all very well in this day and age just considering the bottom line price but it is worth contacting a broker like ourselves we can guide you to a policy to suit all of you, taking you through the pitfalls that lay in your path and we could well beat it on many occasions if not get very close to the comparison website premiums.

That way you support your local business as you would like to be supported in the businesses you all work in and you have someone you can talk to or call and see us.

So why risk problems just call us and we will help you on anything motor.

regards
Philip Beckett

For more information visit our website at www.insurance-centre.com