After the passage of hurricane Otis along the coast of Guerrero, which has left great damage, including nearly 20,000 damaged cars, according to the Mexican Association of Insurance Institutions (AMIS), the importance of having a safeboth to protect drivers and vehicles from any unforeseen events.
Given the devastation left by the meteor, which will lead to the city’s recovery being long and expensive, insurers reported that they will cover the costs of damage to cars even if they only had the theft policy contracted..
How is the price of car insurance determined?
These types of events always reactivate prevention alarms, but on many occasions people do not complete their insurance because they believe that the premium prices are too high. Therefore, here we explain how the price of car insurance is determined.
According to information from Rastreador.mx, the price of the policy will be determined through different factors, including the type of vehicle, that is, The model, make and year are taken into account. In the case of sports or luxury cars, the price of the premium generally tends to increase, due to the high costs of repair or replacement.
In addition, insurers consider the frequency and type of use of the car, as well as the driver’s background, age and experience, since If the motorist is under 25 years old, the price of car insurance may increase, since it is considered that he runs greater risks when driving.
The type of policy and additional coverage that the driver chooses also directly influences the cost, as well as some benefits, since some insurers offer roadside assistance and substitute cars for their clients.
Finally, insurers can take into account some loyalty programs to set their costs, since they offer discounts to long-term clients or those who have multiple policies with the same insurer.
The payment method can also influence, since a lower price may be granted to those who pay annually, while other financing plans may generate interest.
How to get an insurance policy with fair rates?
To obtain an insurance policy with a fair rate, Rastreador.mx reco-food compare different options, For which there are digital tools to provide information to clients and thus find the best options that adapt to their needs and budgets.
Furthermore, it must be taken into account that The coverage is according to the real needs of the car and the personal situation of the insuredsince if it is not the price may increase the value of the policy.
You should also consider the price of the car, since a less luxurious model or one with a lower theft rate can mean savings on the premium.
It is important to understand the factors that determine the cost of insurance, because adequate information and comparison tools to make a decision can ensure the best options, concludes the platform.
It may interest you:
2023-11-05 11:08:57
#Hurricane #Otis #importance #car #insurance #resurfaces
