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Sunday, 12 July 2015

The 3 Most Common Mistakes That People Make With Their Car Insurance Coverage


Let's face it: Car insurance coverage in Edmonton can be complicated. It doesn't help that under Canadian laws you are required to be covered under a car insurance policy before hitting the road. If you are new to the world of insurance coverage there are certain things that you should be aware of before purchasing a policy. To make sure that you are not guilty of making a mistake that could end up affecting your Edmonton car insurance coverage negatively for an extended period of time, Sharp Insurance has compiled the 3 most common mistakes that people make with their car insurance coverage.

Here they are:
  1. Not reading through their policy. Yes, we understand that it's long and boring and that you have kids to take care of. But surely you are still able to spare 20 minutes of your time to read through your policy, no? Failure to do so could lead to very bad surprises down the road. As we said before, not all insurance policy were created equally. As a result, knowing exactly what your insurance policy protects you from is of the utmost importance.
  2. Not notifying their insurance company of changes. In Edmonton, car insurance coverage works just like any other type of coverage. Many things determine how much money you end up paying each month on your premiums, among them your location and the addition of new driver(s). To remain in good standing with your insurance company, always notify them of changes, regardless of how trivial you think they are.
  3. Not shopping around for the best insurance policy in Edmonton. Don't settle for the first good one that you come across because chances are that you can find a better one (at a lower rate) somewhere else. When looking for an Edmonton car insurance policy, spend some time shopping around. Also make use of free insurance quotes that some companies like Sharp Insurance like to provide.

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