Insurance issue

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Insurance issue

i have bought NEW GLI , I HAVE NO IDEA ABOUT INSURANCE , CAN ANYONE TELL ME HOW MUCH INSURANCE PRENIUM I HAVE TO PAY FOR IT , WHICH INSURANCE COMPANY IS MORE RELIABLE IN PROMPT PAY BACK , IN CASE OF DAMAGES AND STOLEN CARS ?IS INSURANCE PRENIUM CHARGED BY INSURANCE COMPANCIES IS SAME AND , FIXED , ?

Gari.pk User 4988 asked on 22 Jul 2010 13:02:11 pm

1 Answer

253 views |

Zayan - on 22 Jul 2010 13:02:25 pm

im assuming that u have not leased ur car (otherwise it would have already been includedin the cost of lease payment) ...

usually the best insurance company is the one where u know someone ... lol get my point ...

if thats not the case, then choose a reputable company like Askari insurance, EFU etc ...

secondly , if u lease a car ... insurance is expensive ... but in ur case it should be a bit cheaper ... im paying 3% (on invoice value) on my lancer - insured by EFU ... but thats cause im getting a corporate rate .....

for any individual it should be 3.5% or less ... not more than that ...

one other important factor ... insurance terms offered also vary from company to company ... and u have to be careful what ur getting ... like the policy on depreciation ... total loss etc etc ....

best of luck

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