5 Things to Consider Before Purchasing Auto Insurance in Dorchester
1. Availing Cashless Facility
If you are willing to avail the cashless facility, it would mean that you don’t have to pay anything till the ‘insured or calculated’ amount while settling the claims. The insurers with the huge network have tie-ups and they pay the amount directly. The insured just has to pay the balance amount, if any.
2. Link between IDV and Premium
In layman’s language, Insured Declared Value (IDV) is the current value of the car in the market. The newer the car, the higher is the IDV. Hence, you can’t claim more than this amount from the insurance company in case of loss or theft and the premium amount is directly proportional to IDV.
3. Online and offline Reviews
Feedback from the actual customers is to be given priority while looking for auto insurance in Dorchester. Feedback from your known ones, reviews from their websites, and testimonials are good sources of knowing feedback about the insurance service providers.
4. Claim Settlement Ratio
Claim Settlement Ratio is the ratio of the number of claims raised and the number of claims settled. You can get to know the Claim Settlement Ratios of various insurance companies on the website of the Insurance Regulatory and Development Authority. It may or may not be a good criterion to find a good service provider for your car insurance in Dorchester as there can be fraudulent claims too but you can give it a try.
5. NCB and Claim Procedure
No Claim Bonus is a bonus addendum provided to you if you don’t raise any claim for the whole year. Ask your service provider implicitly about NCB and the claim procedure. Make sure that the insurer provides an easy and efficient claim procedure.
Now, after getting the aforementioned things in mind, it’s easier to buy a car insurance policy. If you’re looking for auto insurance in Dorchester, Warren Insurance Agency is undoubtedly the best company to choose with your best-suited plan. It provides the best and efficient services with a high level of reliability with 24*7 customer support service. https://warreninsuranceagency.com