The steps of purchase of a car insurance
A new car, a move ….. it is an opportunity to choose or change your auto insurance.
Sign a contract with an insurer is an important act, which gives you rights but also obligations to meet.
And yes, we should not forget that the link with your insurer before everything is legal.
This is for you to measure the scope of your commitment, you decide with full knowledge of the facts that the Insurance Code provides for a subscription several stages of information ….. up the conclusion of the contract.
The steps of purchase of a car insurance
-Signing a contract for auto insurance: the preparatory phase
-The auto insurance contract
-The starting point for the coverage of auto insurance contract
Signing a contract for auto insurance: the preparatory phase
This document is provided free by insurers and contains information on prices, and guarantees of your future contract. It allows you to better evaluate the performance of insurers custom but is not.
Once your choice, you can request an application form.
Note: Using the service of borrowings, this step is necessary because you get a direct quote.
The insurance
This second step will allow the insurer to take note of information about you to prepare your contract.
This document includes a questionnaire so you have to answer accurately because it is on the basis of these responses that your contract will be established. Be honest because you risk big (see our report: “attention to misrepresentation”)
Questions may vary from one insurer to another, but most of the time, the same elements will be taken into account: the driver’s background, place of residence, type of use …
The Insurance Code requires insurers to clearly build this questionnaire, questions must be accurate.
Once the insurer has all the info you, it will analyze your level of risk, determine the amount of the premium and the document cover.
Beware, if no reference to the premium is made, the questionnaire is not equated to a proposed insurance.
You will then accept or reject the proposal.
You can accept the signing - is the simplest, but not required, acceptance may be implied: for example the payment of the premium show your acceptance.
Thereafter, the insurer must also agree to guarantee. No time limit is imposed to make you reach acceptance.
Neither you nor your insurer are engaged by this insurance but as soon as the insurer agrees to assure you, you can not go back.
You’ll receive after the contract itself.
The auto insurance contract
Thick document, it consists of general and special conditions.
In general terms, you find a general description of safeguards, scope, conditions for implementation. Without forgetting the exclusions to be referred to hand in letters clearly visible.
You will also find a description of your rights and obligations concerning claims, and the life of your contract.This document is very important, but reading is quite difficult.
Do not be discouraged, it is very important to be aware of the extent of its coverage and steps taken in order to avoid making mistakes and thus be denied compensation.
To facilitate the stain you will find explanations and advice in our records.
The conditions are contained in a document more succinct, usually one or two pages. They summarize the personal information you have provided to the insurer (type of car, bonus coefficient), guarantees subscribed, the amount of the premium.
The specific conditions prevailing on the terms and conditions. For example, the security theft described in general terms will not be applicable if it does not appear in the conditions.
Good to know: If you receive a contract that does not conform to the original proposal, you do not have to accept it.
The starting point for the coverage of auto insurance contract
From the moment you return the application form containing the statement of your personal information and the premium you pay and that the insurer agrees to guarantee your risk level, the contract is deemed subscribed.
However, you’re already covered?
Either the acceptance of the insurance results in sending the contract, then you will be covered by the date specified in the conditions.
The effective date varies, it may be the date of the contract or you could agree with the insurer to leave the security to a later date. For example, to ensure a car that will be delivered on 1 August, you can very well take out a contract in April requesting coverage starts on 1 August.
Either the acceptance by the insurer is not immediately followed by sending the contract and in this case, it is urgent for you to be covered, you can ask the insurer covering note.
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