According to a research around three quarters of the drivers are driving without the right insurance cover. It is significant to check the car insurance supermarket to get the suitable cover and save oneself in landing in any trouble.
Around 77% of the motorists are found to be driving with incorrect car insurance policy. The age group of 25-34 years is the most risky group as around 16% of this group drivers use personal local to buy a vehicle while 14% opt for finance while buying a new car.
In the absence of right insurance cover, the motorists are unable to protect themselves against any gap or shortfall between the invoice price and market price of the car, outstanding finance and cost of replacing the car.
In such circumstances the drivers should opt for GAP insurance, as in Guaranteed Asset Protection insurance cover the complete vehicle value is covered by the provider. According to a research many motorists are at risk and over half are even not aware of GAP insurance. However the GAP aware motorists are conscious about the safety of their vehicle, thus choose GAP insurance to insure their vehicle completely.
The car owners lie to their provider to get cheap insurance deal but while doing it they are actually risking their vehicle safety as in the event of any mishap you might find it difficult to get insurance claim. If the vehicle is written off or stolen then you might find it hard to prove the insurance claim.
The provider will check the credibility of your insurance documents and in condition of any fraud your insurance policy might get invalidated. It is wise to buy right insurance deal instead of driving with inappropriate insurance cover. The car owner can compare car insurance quotes at car insurance supermarket to get the needed insurance cover to remain protected in the event of any mishap.
Compare car insurance quotes online and see how much you can save today with The Car Insurance Megastore!