Understand stated value car insurance. If you put X into your vehicle, and your appraiser values it at $65,000, the insurance company may agree to that stated value. #CarInsurance #StatedValue #ClassicCars #InsuranceTips
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Forgetting to renew your motor insurance policy may seem like a minor oversight, but it can lead to major issues. Here’s why keeping your motor insurance policy active is non-negotiable: 1. Legal Trouble – A Non-Bailable Offense Driving with a non-renewed or invalid motor insurance policy is not just a minor mistake—it’s a serious legal offense. If your car is involved in an accident, you could face penalties or even imprisonment, as this act is considered a non-bailable offense under motor vehi
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When renewing your motor insurance, honesty is essential, especially if you’ve made a claim in the past year. Many policyholders overlook the importance of disclosing previous claims, thinking it might increase their renewal premium. However, withholding this information can lead to bigger problems later, such as claim rejection or policy cancellation. Insurers evaluate your policy based on your claims history, and being upfront ensures your policy remains valid and your coverage is uninterrupte
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