Buying A New Car?
Don't Forget to Shop Around for Insurance!
For a first-time car buyer, the process can be fraught with difficult decisions. Many buyers are not aware of the fact that they need to have insurance before driving their new car off the showroom floor. The financial institutions providing the finance for the purchase will insist on this, in order to ensure that their new asset is protected.
Fabian Angiers, general manager of Dial Direct, advises that investigating all insurance options is vital. “Many banks or finance houses are affiliated to an insurance company or brokerage. New buyers therefore may find themselves feeling pressurised to take insurance cover through the bank's preferred supplier. It is important to know that this cannot be enforced and the decision lies with the client. This makes it essential to shop around for competitive quotes, to ensure that you are offered the best deal - from the perspective of both cover and price. For young drivers, this becomes imperative, as they are often penalised for their age and lack of driving experience, translating into higher premiums and excesses.”
Cash buyers are not exempt from the need to insure their new car. Thefts and hijackings are still a reality and the growing number of cars on the road puts all drivers at increased risk of being involved in an accident. Choosing an insurance product that is suitable in terms of budget, value adds, cover and excess payable is a careful decision that, with the right advice, can be made sensibly and safely.
Angiers concludes, “Many young, first-time buyers find that purchasing insurance through a direct insurer is actually a simple process.
They are likely to receive a tailored insurance solution catering for their specific needs - with direct insurance, clients don't pay any additional charges for getting what they want. Any driver about to embark on purchasing a new vehicle would do well to consider the time- and cost-saving benefits of direct insurance.”
Dial Direct Insurance offers short-term insurance direct to the consumer, with super-low premiums, super rewards and super service.
For further information on Dial Direct or a free quote please visit www.dialdirectsa.com or call us on 0860 10 43 11.