Insurance Tips for Your Alfa Romeo
Having Insurance on any vehicle is important. This goes for any type of vehicle you own, whether it’s a brand new car that you have just bought, or a second hand car that you own outright. The National Treasury has said that the insured value of motor vehicles be reduced in line with their market value.
This new change will naturally affect the insurance premiums on used cars significantly, which will allow all vehicle owners affordable car insurance.
For years, many insurance companies didn’t take into consideration the reduced market price for a vehicle, until it came time to pay for a claim. Needless to say this became a huge frustration for second hand car owners. This meant that they would have to pay a higher premium but wouldn’t benefit from it when a claim was processed.
However, no car owner can afford to go without insurance, so second hand car owners should carefully consider their options and choose an insurer that works with them to allow for fair premiums and a reasonable payout based on the current value of the car. There are many insurance companies now that take into consideration the year, make, model, and an extras the car may have and offer you discounts.
To read the rest of my article on Insurance Tips please visit Arrigo FIAT of Palm Beach.