Dial Direct Insurace For First Time Insurers |
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Taking your first step into the insurance world can be daunting and confusing, but it needn't be. Logging onto the internet to research various insurance companies and what they can offer you, is a really helpful first step. Young people starting out on their own, perhaps having bought a first car and having moved out of home, need to be careful about making the correct choice of the type of cover to purchase. The choice of cover options for motor insurance is comprehensive cover, third party, fire and theft and third party only. Fabian Angiers, general manager of Dial Direct Insurance, advises anyone about to purchase insurance for the first time to shop around and do their homework: "Do not be afraid to ask questions until you understand exactly what you are purchasing when you take out insurance for the first time. " Another decision that must be made upon entering the insurance market is whether to go direct or through a broker. Both options have their benefits, but going the direct insurance route is one that often suits younger people down to the ground. Direct insurance lets you save on costs, time and bother, as you simply log on to the internet for a quote, saving time and paperwork. You also get the benefit of dealing directly with your insurer, so there is no chance of mixed messages - you hear it 'from the horse's mouth'. It is also important to investigate the price difference between the amount of the premium versus what cover you are purchasing. Is there a bucks-back bonus? What about the excess you will have to pay if you make a claim? Are there any value-added benefits like emergency and roadside assistance? Angiers adds, "If you decide to insure your household contents, make sure you are correctly covered. Don't just take out cover for the lowest amount you can afford. The amount for which you insure your belongings must be their replacement value, otherwise you could find yourself seriously out of pocket. The replacement value is what it will cost you, at the time of a claim, to replace all of your belongings with similar new ones." Looking at a case study can help to clear up uncertainty about how the process works, and what the difference is between adequate cover and too little cover. A good example would be a woman in her late 20's, living in a secure townhouse complex in the northern suburbs of Johannesburg . She drives a 2002 model of one of the popular small cars and has worked hard to kit out her home with appliances and lovely furnishings. The total premium she will need to pay for a combined policy - one that offers car and household insurance - is likely to be in the region of R608 a month, including free value-adds such as emergency, roadside and medical assistance. This will provide her with cover for her possessions of R90 000, and the cost of all of those appliances and furnishings could be much more than that. If she ups her premium to R639, an increase of only R31 per month, she will have cover for her home contents totalling R130 000. In addition, if she insures her household belongings through Dial Direct, she will also receive free portable possessions cover of R2 000. Angiers says, "This is a very manageable price to pay for peace of mind - definitely worth forgoing those extra magazines or packs of cigarettes each month to make up the difference between being under-insured or adequately covered! If you are sensible, responsible and informed when it comes to choosing the type and level of insurance coverage you need, you will find that your insurance choice can work brilliantly for you and your pocket." Dial Direct Insurance offers short-term insurance direct to the consumer, with super-low premiums, super rewards and super service. Related Insurance Articles: * Dial Direct Explains Premiums * Dial Direct None Payment Questions Answered * Dial Directs Advises On Insurance Pitfalls To Avoid * Dial Directs Bucks Back Bonus * Broker Associations Take On Dial Direct And Lose * Dial Direct Insurance One Year Old * Dial Direct Provides Funeral Cover * Insurance Brokers Loose Ground to Dial Direct Approach 
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| 3/14/2010 7:05:53 AM | |||||||||||||||||||||
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