My neighbour John’s son just graduate from high school and he can’t wait to get on his own wheel. I told John, that is the start of a nightmare, his son Jack don’t even know how to make money now but begging his father to get him a car, he don’t mind even a small little old junk, as long as it can move. I hope he is not infected by the transformer movie where the ugly old junk can become Bumblebee one day.
Let’s get back to the topic, buying a car is not expensive but maintaining it could cost you thousand of dollar in insurance alone each year. Being a smart consumer, I told John to look for a car insurance comparison chart online so that he can get the best deal.
Auto insurance company usually offer 2 types of auto insurance, a minimum of 3rd party coverage or the comprehensive coverage. The first type covers only the 3rd party should anything happened in an accident, that means you have to bear your own repair cost for your car. The 2nd type is comprehensive coverage where it covers everything related to the accidents.
After deciding which type of insurance you are going to purchase, you have to look at a few items that possibly reduce your car insurance rate. The first company you should check is your existing insurance company, they usually offer discount for their existing customer, be it life insurance or household insurance. Secondly, please look at other optional items such as wind shield coverage, natural disaster coverage etc, reducing those option coverage will significantly reduce your car insurance rate.
